OUSA Options History — August 2021

In August 2021, OUSA traded between $43.35 and $44.38. ATM implied volatility averaged 22.1%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 13.9% (HV 20d: 8.1%). Max pain ranged from $38.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-08-18: Highest Volume — 80 contracts
  • 2021-08-09: Largest IV spike — 76.6% change
  • 2021-08-09: Highest IV Rank — 65.4%
  • 2021-08-24: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.89$43.35$44.38$43.35$44.04
Max Pain$39.25$38.00$40.00$38.00$40.00
ATM IV22.1%12.7%45.8%15.8%14.4%
Expected Move5.9%3.7%9.0%4.5%4.1%
HV 20d8.1%6.1%10.5%10.1%6.6%
HV 60d9.0%8.4%10.7%10.6%8.5%
IV Rank25.4%9.7%65.4%14.9%12.5%
IV Percentile51.8%8.3%97.2%27.0%19.0%
Term Structure-2.2%-22.1%10.6%10.6%2.8%
VWIV18.2%15.9%20.4%15.9%20.4%
Skew 25d8.0%2.4%17.7%3.4%8.3%
Skew 10d8.0%-0.5%22.4%8.6%-0.5%
Call IV 25d15.6%11.8%21.6%20.0%15.3%
Put IV 25d23.6%18.0%32.3%23.5%23.6%
Bid-Ask Spread %148.78132.66174.09135.39132.66
Gamma HHI0.440.350.630.380.49
Net GEX32.1K19.4K63.6K37.1K24.2K
Net DEX-353.7K-432.1K-308.4K-308.4K-326.1K
Net VEX-706-863-492-775-843
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.86408000
Total OI155.364141160158154

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$43.35$38.0015.8%4.5%10.1%14.9%0.0%3.4%10.6%37.1K-308.4K-7750.00135.39N/AN/A0013226
2021-08-03$43.72$38.0019.6%5.6%10.4%21.3%0.0%3.7%-3.9%40.8K-353.1K-6760.00151.02N/AN/A0013226
2021-08-04$43.48$38.0017.6%5.0%10.5%17.8%15.9%2.4%1.3%36.8K-329.7K-7520.00149.95N/AN/A1013226
2021-08-05$43.50$0.0025.5%5.9%9.9%31.2%0.0%7.5%-1.2%31.8K-329.1K-7360.00153.70N/AN/A2013226
2021-08-06$43.49$0.0025.9%5.9%9.5%31.9%0.0%7.4%-4.5%33.8K-342.0K-7110.00147.38N/AN/A0013226
2021-08-09$43.47$0.0045.8%8.8%9.5%65.4%0.0%9.4%-5.8%24.5K-344.3K-7230.00174.09N/AN/A0013426
2021-08-10$43.61$0.0023.3%5.6%9.5%27.4%0.0%12.3%-1.8%32.0K-354.3K-6540.00153.47N/AN/A0013426
2021-08-11$43.72$0.0021.1%6.0%9.3%23.7%0.0%6.7%-4.7%36.2K-366.6K-6230.00142.71N/AN/A0013426
2021-08-12$43.81$0.0019.2%5.5%9.3%20.5%0.0%7.2%-3.4%41.7K-373.1K-6440.00138.46N/AN/A1013426
2021-08-13$44.02$0.0023.1%6.6%9.4%27.1%0.0%7.0%-5.1%33.6K-399.6K-5780.00147.49N/AN/A0113426
2021-08-16$44.34$0.0021.9%6.3%7.3%25.1%0.0%12.6%-2.3%37.2K-432.1K-4920.00150.32N/AN/A0013326
2021-08-17$44.20$0.0022.1%6.3%6.1%25.5%0.0%12.2%-4.8%63.6K-408.5K-5080.00149.26N/AN/A2013327
2021-08-18$43.89$0.0023.7%6.8%6.8%28.2%0.0%5.3%-4.2%35.1K-369.3K-5560.00159.41N/AN/A80013127
2021-08-19$44.01$0.0023.5%6.7%6.8%27.8%0.0%14.5%-5.0%34.7K-377.7K-5240.00152.66N/AN/A1013127
2021-08-20$44.33$0.0024.2%6.9%6.5%29.0%0.0%17.7%-3.9%26.8K-394.6K-8070.00150.57N/AN/A0013127
2021-08-23$44.38$0.0021.1%6.0%6.4%23.7%20.4%11.0%0.8%19.4K-324.0K-8630.00154.76N/AN/A8011922
2021-08-24$44.12$0.0031.4%9.0%6.8%41.2%0.0%7.2%-22.1%21.6K-314.8K-8170.00162.02N/AN/A0011922
2021-08-25$44.09$40.0019.6%5.6%6.8%21.3%0.0%3.8%3.2%24.5K-344.4K-7850.00142.88N/AN/A01012322
2021-08-26$43.85$40.0017.3%5.0%7.1%17.3%0.0%6.1%6.0%20.0K-330.7K-8300.00136.38N/AN/A0012322
2021-08-27$43.98$40.0012.7%3.7%7.1%9.7%0.0%6.2%4.2%28.5K-337.8K-8200.00149.12N/AN/A0012332
2021-08-30$44.11$40.0016.7%4.8%7.2%16.3%0.0%4.2%-4.2%21.7K-322.3K-8170.00139.50N/AN/A1012232
2021-08-31$44.04$40.0014.4%4.1%6.6%12.5%0.0%8.3%2.8%24.2K-326.1K-8430.00132.66N/AN/A0012232