OUSA Options History — May 2019

In May 2019, OUSA traded between $32.32 and $33.89. ATM implied volatility averaged 22.4%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 12.3% (HV 20d: 10.1%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.08.

Notable Days

2019-05-14: Highest Volume — 4 contracts
2019-05-15: Largest IV drop — 57.0% change
2019-05-14: Highest IV Rank — 33.1%
2019-05-31: Largest Expected Move — 6.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.26	$32.32	$33.89	$33.77	$32.32
Max Pain	$35.00	$35.00	$35.00	$35.00	$35.00
ATM IV	22.4%	14.0%	40.6%	14.0%	21.4%
Expected Move	5.2%	4.0%	6.1%	4.0%	6.1%
HV 20d	10.1%	5.9%	12.5%	5.9%	12.5%
HV 60d	8.5%	7.3%	9.5%	7.3%	9.5%
IV Rank	14.7%	6.3%	33.1%	6.3%	13.7%
IV Percentile	58.9%	2.0%	98.4%	2.0%	69.8%
Term Structure	-2.0%	-5.2%	5.4%	1.3%	-3.8%
VWIV	19.1%	19.1%	19.1%	19.1%	19.1%
Skew 25d	2.7%	-6.5%	11.7%	-6.5%	-2.0%
Skew 10d	-0.2%	-9.5%	7.5%	-7.4%	-6.4%
Call IV 25d	17.8%	9.3%	23.5%	18.1%	22.7%
Put IV 25d	20.5%	11.6%	24.9%	11.6%	20.7%
Bid-Ask Spread %	168.09	157.47	174.52	157.47	162.11
Gamma HHI	0.38	0.33	0.49	0.42	0.34
Net GEX	-810	-1.1K	-342	-1.1K	-342
Net DEX	-15.3K	-18.9K	-10.5K	-13.7K	-10.5K
Net VEX	-96	-103	-85	-86	-92
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.08	0.00	0.33	0.00	0.33
Total Volume	0.591	0	4	1	0
Total OI	21.5	19	22	19	22

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2019-05-01	$33.77	$0.00	14.0%	4.0%	5.9%	6.3%	0.0%	-6.5%	1.3%	-1.1K	-13.7K	-86	0.00	157.47	N/A	N/A	0	1	10	9
2019-05-02	$33.65	$0.00	18.6%	5.3%	6.0%	10.9%	0.0%	1.5%	-5.2%	-1.0K	-13.6K	-99	0.00	172.53	N/A	N/A	0	1	10	10
2019-05-03	$33.89	$0.00	19.3%	5.5%	6.5%	11.6%	0.0%	1.1%	-4.7%	-1.1K	-14.3K	-99	0.00	172.84	N/A	N/A	0	1	10	10
2019-05-06	$33.76	$35.00	22.3%	4.2%	6.5%	14.6%	0.0%	2.2%	-0.9%	-991	-13.5K	-99	0.00	173.04	N/A	N/A	0	0	10	10
2019-05-07	$33.19	$35.00	26.8%	4.8%	8.7%	19.1%	0.0%	0.9%	-1.6%	-856	-11.0K	-99	0.00	165.12	N/A	N/A	2	0	10	10
2019-05-08	$33.35	$35.00	28.0%	5.0%	8.8%	20.4%	0.0%	3.3%	-1.6%	-739	-17.2K	-103	0.00	170.47	N/A	N/A	2	0	12	10
2019-05-09	$33.16	$35.00	29.3%	5.1%	9.0%	21.7%	0.0%	5.4%	-1.3%	-1.1K	-17.2K	-89	0.00	163.72	N/A	N/A	2	0	12	10
2019-05-10	$33.31	$35.00	30.5%	4.8%	9.1%	22.8%	0.0%	3.7%	-0.3%	-681	-16.1K	-102	0.00	168.74	N/A	N/A	0	0	12	10
2019-05-13	$32.83	$35.00	37.1%	5.1%	10.1%	29.5%	0.0%	0.7%	-2.1%	-597	-14.6K	-101	0.00	164.35	N/A	N/A	0	0	12	10
2019-05-14	$33.10	$35.00	40.6%	5.1%	10.6%	33.1%	19.1%	1.5%	5.4%	-847	-15.7K	-85	0.33	167.69	N/A	N/A	3	1	12	10
2019-05-15	$33.24	$35.00	17.5%	5.0%	10.8%	9.8%	0.0%	2.3%	-1.8%	-807	-16.7K	-98	0.00	170.07	N/A	N/A	0	0	12	10
2019-05-16	$33.50	$35.00	18.8%	5.4%	11.3%	11.0%	0.0%	2.6%	-4.4%	-899	-18.1K	-97	0.00	173.37	N/A	N/A	0	0	12	10
2019-05-17	$33.48	$35.00	17.2%	4.9%	11.3%	9.5%	0.0%	5.0%	-2.1%	-867	-17.7K	-96	0.00	172.17	N/A	N/A	0	0	12	10
2019-05-20	$33.36	$35.00	18.7%	5.4%	11.4%	11.0%	0.0%	10.6%	-2.6%	-768	-16.6K	-96	0.00	167.06	N/A	N/A	0	0	12	10
2019-05-21	$33.56	$35.00	17.3%	5.0%	11.4%	9.6%	0.0%	11.7%	-2.2%	-922	-18.9K	-94	0.00	171.51	N/A	N/A	0	0	12	10
2019-05-22	$33.53	$35.00	17.6%	5.0%	11.4%	9.9%	0.0%	3.2%	-2.4%	-912	-18.9K	-96	0.00	174.52	N/A	N/A	0	0	12	10
2019-05-23	$33.25	$35.00	18.7%	5.4%	11.5%	11.0%	0.0%	8.5%	-1.9%	-718	-15.9K	-95	0.00	171.85	N/A	N/A	0	0	12	10
2019-05-24	$33.35	$35.00	18.7%	5.3%	11.6%	11.0%	0.0%	2.6%	-2.5%	-783	-16.5K	-94	0.00	168.93	N/A	N/A	0	0	12	10
2019-05-28	$32.90	$35.00	18.5%	5.3%	12.4%	10.8%	0.0%	0.7%	-2.9%	-760	-15.3K	-94	0.00	160.42	N/A	N/A	0	0	12	10
2019-05-29	$32.67	$35.00	20.8%	6.0%	12.3%	13.1%	0.0%	0.4%	-3.2%	-518	-12.0K	-94	0.00	164.38	N/A	N/A	0	0	12	10
2019-05-30	$32.65	$35.00	20.1%	5.8%	12.1%	12.4%	0.0%	0.9%	-3.1%	-528	-12.4K	-93	0.00	165.60	N/A	N/A	0	0	12	10
2019-05-31	$32.32	$35.00	21.4%	6.1%	12.5%	13.7%	0.0%	-2.0%	-3.8%	-342	-10.5K	-92	0.00	162.11	N/A	N/A	0	0	12	10