OUSA Options History — March 2019

In March 2019, OUSA traded between $32.59 and $33.66. ATM implied volatility averaged 19.6%, placing in the 10.2% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 11.6% (HV 20d: 8.0%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days.

Notable Days

  • 2019-03-01: Highest Volume — 2 contracts
  • 2019-03-07: Largest IV spike — 165.2% change
  • 2019-03-11: Highest IV Rank — 22.7%
  • 2019-03-08: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.20$32.59$33.66$33.17$33.57
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV19.6%9.6%31.7%20.7%19.2%
Expected Move4.8%2.8%8.6%5.9%4.3%
HV 20d8.0%6.3%9.0%6.3%8.9%
HV 60d13.6%10.0%15.9%15.9%10.0%
IV Rank10.2%0.1%22.7%11.4%9.9%
IV Percentile44.7%0.4%94.8%61.5%48.0%
Term Structure-2.3%-6.1%2.5%-5.6%-3.4%
Skew 25d2.9%0.3%5.0%4.0%2.3%
Skew 10d7.6%2.4%10.5%10.5%7.2%
Call IV 25d17.1%7.5%22.0%22.0%20.7%
Put IV 25d20.1%8.3%26.0%26.0%23.1%
Bid-Ask Spread %164.09134.75175.56161.84174.01
Gamma HHI0.450.400.520.440.49
Net GEX4.8K4.1K5.5K4.4K5.0K
Net DEX-38.7K-47.4K-27.6K-38.9K-47.4K
Net VEX-160-187-135-187-140
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0950220
Total OI3535353535

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$33.17$0.0020.7%5.9%6.3%11.4%0.0%4.0%-5.6%4.4K-38.9K-1870.00161.84N/AN/A02287
2019-03-04$33.01$0.0020.8%6.0%6.8%11.5%0.0%3.3%-1.6%4.5K-35.8K-1760.00156.03N/AN/A00287
2019-03-05$33.07$0.0022.9%6.6%6.8%13.6%0.0%3.9%-1.3%4.4K-37.0K-1780.00164.00N/AN/A00287
2019-03-06$32.91$0.009.6%2.8%7.0%0.1%0.0%0.9%2.5%5.1K-29.7K-1350.00134.75N/AN/A00287
2019-03-07$32.70$0.0025.6%7.3%7.6%16.4%0.0%2.8%-0.4%4.3K-28.9K-1760.00163.97N/AN/A00287
2019-03-08$32.59$0.0030.0%8.6%7.4%20.9%0.0%3.5%-1.5%4.1K-27.6K-1710.00165.24N/AN/A00287
2019-03-11$32.99$29.0031.7%3.8%8.3%22.7%0.0%4.0%-1.5%4.7K-34.5K-1660.00147.85N/AN/A00287
2019-03-12$33.08$29.0015.2%3.9%8.3%5.8%0.0%3.0%-0.2%4.8K-35.4K-1700.00155.67N/AN/A00287
2019-03-13$33.24$29.0015.9%3.9%8.0%6.5%0.0%4.0%0.1%4.7K-40.2K-1570.00154.74N/AN/A00287
2019-03-14$33.17$29.0015.9%3.9%7.9%6.5%0.0%2.9%-2.3%4.8K-38.0K-1670.00159.28N/AN/A00287
2019-03-15$33.33$29.0016.3%3.9%8.0%6.9%0.0%3.3%-3.5%4.9K-41.3K-1650.00157.18N/AN/A00287
2019-03-18$33.37$0.0016.4%4.2%7.6%7.0%0.0%3.7%-1.5%5.0K-42.0K-1580.00175.56N/AN/A00287
2019-03-19$33.24$0.0016.4%4.2%7.7%7.0%0.0%2.0%-1.5%5.0K-39.2K-1570.00173.06N/AN/A00287
2019-03-20$33.30$0.0018.4%4.3%7.7%9.0%0.0%3.4%-4.2%4.8K-40.4K-1570.00173.99N/AN/A00287
2019-03-21$33.66$0.0016.9%3.8%8.3%7.5%0.0%5.0%-2.5%5.5K-47.0K-1510.00170.08N/AN/A00287
2019-03-22$33.33$0.0018.3%4.4%8.7%9.0%0.0%0.3%-3.4%4.8K-40.9K-1540.00169.83N/AN/A00287
2019-03-25$33.24$0.0019.5%4.7%8.8%10.2%0.0%2.2%-2.6%4.8K-38.7K-1500.00172.63N/AN/A00287
2019-03-26$33.45$0.0020.5%4.6%9.0%11.2%0.0%2.4%-5.9%4.7K-43.4K-1470.00172.81N/AN/A00287
2019-03-27$33.44$0.0019.4%4.6%8.9%10.1%0.0%1.8%-2.9%4.8K-43.1K-1450.00169.70N/AN/A00287
2019-03-28$33.42$0.0021.0%4.6%8.9%11.7%0.0%2.4%-6.1%4.9K-44.1K-1430.00173.64N/AN/A00287
2019-03-29$33.57$0.0019.2%4.3%8.9%9.9%0.0%2.3%-3.4%5.0K-47.4K-1400.00174.01N/AN/A00287