OUSA Options History — October 2020

In October 2020, OUSA traded between $34.30 and $37.43. ATM implied volatility averaged 31.9%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 15.6% (HV 20d: 16.3%). Max pain ranged from $18.00 to $38.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2020-10-19: Highest Volume — 63 contracts
  • 2020-10-12: Largest IV spike — 116.9% change
  • 2020-10-13: Highest IV Rank — 34.5%
  • 2020-10-30: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.34$34.30$37.43$36.09$34.30
Max Pain$34.78$18.00$38.00$18.00$37.00
ATM IV31.9%20.1%47.9%30.1%45.2%
Expected Move8.4%5.6%13.0%8.6%13.0%
HV 20d16.3%12.7%23.0%23.0%17.5%
HV 60d16.5%15.9%17.8%16.0%17.8%
IV Rank20.6%10.3%34.5%19.1%32.2%
IV Percentile47.9%15.9%83.3%46.4%79.0%
Term Structure-1.9%-10.9%6.5%1.8%-10.2%
VWIV25.9%16.8%35.3%35.3%33.2%
Skew 25d13.1%2.2%32.3%23.2%12.4%
Skew 10d10.5%-6.4%29.7%5.8%-0.9%
Call IV 25d21.8%10.3%30.8%18.8%30.6%
Put IV 25d34.8%23.0%50.9%42.0%43.0%
Bid-Ask Spread %118.1981.58179.38119.56126.34
Gamma HHI0.310.200.410.270.32
Net GEX11.5K4.4K20.6K6.1K10.9K
Net DEX-155.8K-216.7K-95.2K-106.0K-99.4K
Net VEX-787-1.1K-436-443-956
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.003.330.000.00
Total Volume7.72706300
Total OI214.682115280213204

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$36.09$18.0030.1%8.6%23.0%19.1%0.0%23.2%1.8%6.1K-106.0K-4430.00119.56N/AN/A0057156
2020-10-02$36.09$18.0038.3%11.0%18.7%26.2%0.0%8.3%6.5%4.4K-106.6K-4520.00140.32N/AN/A1057156
2020-10-05$36.45$0.0029.6%5.6%19.1%18.6%0.0%6.8%3.6%6.1K-112.8K-4360.0090.42N/AN/A17058156
2020-10-06$36.09$0.0046.2%10.0%18.3%33.1%0.0%6.4%-5.1%8.9K-129.9K-5750.00179.38N/AN/A0075156
2020-10-07$36.65$0.0023.9%8.0%17.8%13.7%0.0%11.2%0.2%8.7K-149.4K-5800.0092.71N/AN/A0075156
2020-10-08$36.79$0.0024.3%7.7%16.6%14.0%35.3%8.8%-0.6%7.5K-149.9K-6020.0081.58N/AN/A5075156
2020-10-09$37.01$38.0020.1%6.6%16.7%10.3%24.6%8.4%-5.7%9.5K-166.3K-6040.4095.14N/AN/A10480156
2020-10-12$37.43$36.0043.6%7.9%16.2%30.8%26.1%22.4%-5.9%10.9K-194.6K-6550.05107.31N/AN/A21190160
2020-10-13$37.28$36.0047.9%6.1%16.3%34.5%0.0%10.4%5.1%12.9K-209.8K-7760.00109.21N/AN/A60110161
2020-10-14$37.10$36.0029.8%8.5%16.4%18.7%33.1%16.0%-4.7%13.7K-204.2K-7673.33122.03N/AN/A310109161
2020-10-15$36.99$37.0025.5%7.3%15.7%15.0%0.0%17.5%0.5%12.1K-165.7K-7730.00125.84N/AN/A10109171
2020-10-16$37.20$37.0021.0%6.0%15.7%11.1%0.0%5.1%1.8%20.6K-198.3K-7600.00162.44N/AN/A00109171
2020-10-19$36.58$37.0032.3%9.2%14.8%20.9%16.8%17.3%-3.1%6.3K-114.1K-7400.00126.34N/AN/A6309223
2020-10-20$36.67$37.0032.1%9.2%14.2%20.8%23.4%19.2%-3.5%15.1K-216.7K-1.1K0.00124.21N/AN/A1015523
2020-10-21$36.44$37.0024.9%7.2%13.1%14.5%0.0%8.6%-6.5%14.5K-190.0K-1.0K0.00120.38N/AN/A0015623
2020-10-22$36.52$37.0021.4%6.1%13.0%11.5%18.4%11.6%0.6%17.0K-191.1K-1.0K0.00103.21N/AN/A3015623
2020-10-23$36.54$37.0021.8%6.3%12.7%11.8%21.8%2.2%1.3%17.0K-193.8K-1.0K1.00101.37N/AN/A1115923
2020-10-26$35.81$37.0029.6%8.5%14.0%18.6%0.0%14.1%-0.7%14.7K-157.0K-9560.00124.47N/AN/A01016024
2020-10-27$35.78$37.0034.1%9.8%13.9%22.5%0.0%11.3%-10.9%13.7K-160.2K-1.1K0.00117.00N/AN/A0016034
2020-10-28$34.78$37.0044.7%12.8%16.9%31.8%0.0%32.3%-8.9%11.7K-116.0K-1.0K0.00118.56N/AN/A0016034
2020-10-29$34.80$37.0035.0%10.0%17.0%23.3%33.2%13.7%2.7%10.3K-95.2K-9720.00112.26N/AN/A12016034
2020-10-30$34.30$37.0045.2%13.0%17.5%32.2%0.0%12.4%-10.2%10.9K-99.4K-9560.00126.34N/AN/A0017034