OUSA Options History — August 2018

In August 2018, OUSA traded between $31.62 and $32.58. ATM implied volatility averaged 19.6%, placing in the 40.3% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 11.9% (HV 20d: 7.7%). Max pain ranged from $31.00 to $33.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2018-08-17: Highest Volume — 37 contracts
2018-08-15: Largest IV drop — 56.9% change
2018-08-14: Highest IV Rank — 90.4%
2018-08-02: Largest Expected Move — 5.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.07	$31.62	$32.58	$31.62	$32.28
Max Pain	$31.14	$31.00	$33.00	$31.00	$33.00
ATM IV	19.6%	14.3%	34.2%	19.4%	18.6%
Expected Move	4.5%	2.3%	5.6%	5.6%	5.3%
HV 20d	7.7%	6.5%	8.4%	7.9%	8.0%
HV 60d	8.0%	7.7%	8.3%	8.2%	7.9%
IV Rank	40.3%	22.0%	90.4%	39.8%	36.8%
IV Percentile	68.6%	39.7%	98.8%	77.4%	71.0%
Term Structure	-2.3%	-6.5%	5.1%	-6.5%	-4.6%
VWIV	18.3%	15.9%	22.2%	16.5%	22.2%
Skew 25d	2.5%	0.6%	4.2%	1.9%	0.6%
Skew 10d	7.0%	1.9%	9.3%	6.6%	4.4%
Call IV 25d	16.6%	10.0%	23.0%	22.5%	21.4%
Put IV 25d	19.2%	10.7%	25.7%	24.4%	22.0%
Bid-Ask Spread %	163.28	150.97	181.29	164.54	166.22
Gamma HHI	0.76	0.65	0.85	0.66	0.79
Net GEX	6.4K	4.0K	9.0K	4.0K	5.7K
Net DEX	-47.0K	-56.4K	-28.2K	-28.2K	-48.6K
Net VEX	-229	-284	-159	-162	-225
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	21.435	9	37	11	9
Total OI	37.13	26	47	26	33

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2018-08-01	$31.62	$0.00	19.4%	5.6%	7.9%	39.8%	0.0%	1.9%	-6.5%	4.0K	-28.2K	-162	164.54	N/A	N/A	11	26
2018-08-02	$31.64	$0.00	19.6%	5.6%	7.6%	40.3%	0.0%	2.6%	-6.4%	4.1K	-28.8K	-159	163.87	N/A	N/A	11	26
2018-08-03	$31.84	$0.00	18.4%	5.3%	7.6%	36.3%	0.0%	2.4%	-6.1%	4.1K	-32.9K	-178	160.85	N/A	N/A	11	26
2018-08-06	$31.91	$0.00	20.2%	3.7%	7.6%	42.5%	0.0%	2.0%	-0.9%	4.0K	-34.6K	-185	160.40	N/A	N/A	26	26
2018-08-07	$32.01	$0.00	21.8%	3.8%	7.2%	48.0%	0.0%	1.8%	-1.0%	9.0K	-48.4K	-262	160.79	N/A	N/A	26	46
2018-08-08	$32.00	$0.00	23.0%	3.9%	6.6%	52.0%	0.0%	1.8%	-1.6%	8.9K	-48.3K	-261	162.14	N/A	N/A	26	46
2018-08-09	$31.95	$0.00	23.7%	3.8%	6.5%	54.6%	0.0%	1.1%	-0.3%	8.4K	-55.0K	-284	162.39	N/A	N/A	26	46
2018-08-10	$31.67	$0.00	26.6%	3.9%	7.3%	64.3%	0.0%	1.4%	-1.3%	8.0K	-46.0K	-246	160.82	N/A	N/A	26	46
2018-08-13	$31.62	$0.00	30.3%	2.3%	7.3%	77.1%	16.5%	0.6%	5.1%	7.2K	-41.5K	-244	150.97	N/A	N/A	27	46
2018-08-14	$31.73	$31.00	34.2%	4.1%	7.2%	90.4%	16.6%	2.7%	1.2%	7.9K	-51.6K	-272	160.07	N/A	N/A	27	47
2018-08-15	$31.70	$31.00	14.7%	4.2%	7.1%	23.5%	15.9%	3.6%	-1.5%	7.6K	-47.3K	-248	164.40	N/A	N/A	27	47
2018-08-16	$32.08	$31.00	14.3%	4.1%	8.2%	22.0%	17.0%	3.3%	-2.0%	8.8K	-52.9K	-247	160.13	N/A	N/A	27	47
2018-08-17	$32.27	$31.00	14.4%	4.1%	8.2%	22.3%	17.6%	3.8%	-1.6%	6.7K	-54.6K	-259	161.03	N/A	N/A	37	47
2018-08-20	$32.37	$31.00	16.0%	4.6%	8.2%	27.8%	17.2%	4.2%	-2.3%	6.0K	-50.0K	-226	161.44	N/A	N/A	28	32
2018-08-21	$32.42	$31.00	15.8%	4.5%	8.1%	27.3%	17.0%	3.7%	-2.3%	6.2K	-52.2K	-227	171.50	N/A	N/A	28	33
2018-08-22	$32.24	$31.00	16.3%	4.7%	8.4%	28.7%	18.2%	2.6%	-3.2%	5.8K	-48.9K	-221	181.29	N/A	N/A	28	33
2018-08-23	$32.13	$31.00	15.9%	4.6%	8.3%	27.5%	18.4%	3.2%	-2.7%	5.7K	-46.8K	-221	164.32	N/A	N/A	28	33
2018-08-24	$32.34	$31.00	16.4%	4.7%	8.0%	29.3%	18.4%	4.2%	-1.9%	5.1K	-49.3K	-230	162.99	N/A	N/A	28	33
2018-08-27	$32.41	$31.00	17.7%	5.1%	8.0%	33.6%	19.5%	3.2%	-2.9%	5.1K	-53.8K	-230	164.43	N/A	N/A	9	33
2018-08-28	$32.44	$31.00	18.0%	5.2%	7.6%	34.7%	20.3%	3.3%	-3.3%	6.4K	-54.0K	-227	163.55	N/A	N/A	9	34
2018-08-29	$32.58	$31.00	17.3%	4.9%	7.3%	32.2%	19.6%	3.8%	-3.4%	6.9K	-56.4K	-232	162.08	N/A	N/A	9	34
2018-08-30	$32.28	$31.00	18.2%	5.2%	8.3%	35.3%	21.0%	0.6%	-3.1%	5.9K	-51.1K	-228	165.25	N/A	N/A	9	34
2018-08-31	$32.28	$33.00	18.6%	5.3%	8.0%	36.8%	22.2%	0.6%	-4.6%	5.7K	-48.6K	-225	166.22	N/A	N/A	9	33