OUSA Options History — February 2020

In February 2020, OUSA traded between $32.12 and $37.34. ATM implied volatility averaged 26.2%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 13.3% (HV 20d: 12.9%). Max pain ranged from $35.00 to $37.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.00.

Notable Days

  • 2020-02-25: Highest Volume — 3 contracts
  • 2020-02-12: Largest IV spike — 189.8% change
  • 2020-02-28: Highest IV Rank — 58.0%
  • 2020-02-28: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.32$32.12$37.34$36.26$32.12
Max Pain$35.32$35.00$37.00$37.00$35.00
ATM IV26.2%9.9%47.4%30.1%47.4%
Expected Move7.5%3.3%13.6%8.6%13.6%
HV 20d12.9%9.5%24.8%9.5%24.8%
HV 60d9.3%7.5%16.2%7.5%16.2%
IV Rank27.0%3.1%58.0%32.8%58.0%
IV Percentile60.9%2.0%96.4%84.5%96.4%
Term Structure-1.9%-10.9%18.0%-2.5%-8.9%
VWIV30.2%30.2%30.2%30.2%30.2%
Skew 25d6.2%-3.7%13.1%-1.5%13.1%
Skew 10d4.9%-7.6%18.9%0.4%2.8%
Call IV 25d18.9%8.2%34.1%26.6%34.1%
Put IV 25d25.1%12.9%47.2%25.0%47.2%
Bid-Ask Spread %170.76111.71198.76160.07187.88
Gamma HHI0.420.360.580.440.42
Net GEX1.8K-12.4K4.1K4.1K1.6K
Net DEX-53.2K-77.8K-6.1K-41.4K-6.1K
Net VEX-184-225-138-224-138
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.002.000.002.00
Total Volume0.2630300
Total OI39.94735414139

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$36.26$37.0030.1%8.6%9.5%32.8%0.0%-1.5%-2.5%4.1K-41.4K-2240.00160.07N/AN/A003110
2020-02-04$36.67$37.0018.4%5.3%10.3%15.6%0.0%-1.8%18.0%2.9K-50.5K-2250.00182.49N/AN/A103110
2020-02-05$37.14$37.0030.0%8.6%11.2%32.6%0.0%8.8%-6.1%3.0K-61.7K-2150.00179.11N/AN/A003110
2020-02-06$37.25$35.0018.9%3.7%11.0%16.3%0.0%5.9%-2.2%3.5K-73.0K-1740.00111.71N/AN/A003110
2020-02-07$37.08$35.0025.1%6.2%11.1%25.3%0.0%6.1%-1.3%2.3K-59.7K-2100.00164.75N/AN/A003110
2020-02-10$37.12$35.0013.3%6.0%11.1%8.1%0.0%9.5%-0.2%1.1K-64.1K-1990.00151.46N/AN/A003110
2020-02-11$37.27$35.009.9%3.4%11.1%3.1%0.0%3.8%0.7%2.3K-77.8K-1500.00144.52N/AN/A003110
2020-02-12$37.34$35.0028.6%8.2%11.1%30.5%0.0%12.6%-4.1%2.3K-64.1K-2000.00198.76N/AN/A003110
2020-02-13$37.24$35.0020.4%5.9%11.1%18.5%0.0%12.1%-6.0%2.4K-63.0K-1970.00198.74N/AN/A003110
2020-02-14$37.19$35.0011.8%3.4%10.8%5.9%0.0%4.7%14.6%2.9K-67.4K-1660.00159.86N/AN/A003110
2020-02-18$37.03$35.0011.6%3.3%10.8%5.6%0.0%2.9%13.6%1.1K-67.7K-1660.00151.63N/AN/A003110
2020-02-19$37.10$35.0027.9%8.0%10.8%29.4%0.0%-3.7%-6.6%2.6K-62.6K-1790.00193.97N/AN/A003110
2020-02-20$37.03$35.0027.2%7.8%10.8%28.5%0.0%6.2%-3.0%3.0K-58.4K-1770.00189.37N/AN/A003110
2020-02-21$36.90$35.0023.3%6.7%10.9%22.7%0.0%7.5%-5.9%-12.4K-50.5K-1720.00152.83N/AN/A003110
2020-02-24$36.06$35.0036.4%10.4%13.4%42.0%0.0%7.3%-9.3%3.4K-52.5K-1800.00185.42N/AN/A00305
2020-02-25$34.95$35.0033.1%9.5%16.9%37.1%30.2%4.3%-6.5%2.9K-39.0K-1752.00174.57N/AN/A12305
2020-02-26$34.83$35.0039.0%11.2%16.7%45.7%0.0%8.8%-9.8%2.5K-32.0K-1820.00184.20N/AN/A00317
2020-02-27$33.53$35.0045.0%12.9%20.8%54.5%0.0%11.3%-10.9%1.9K-18.8K-1600.00173.21N/AN/A01317
2020-02-28$32.12$35.0047.4%13.6%24.8%58.0%0.0%13.1%-8.9%1.6K-6.1K-1380.00187.88N/AN/A00318