OUSA Options History — September 2021

In September 2021, OUSA traded between $41.78 and $44.32. ATM implied volatility averaged 23.5%, placing in the 30.3% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 15.0% (HV 20d: 8.5%). Max pain ranged from $36.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2021-09-09: Highest Volume — 6 contracts
2021-09-21: Largest IV spike — 72.4% change
2021-09-21: Highest IV Rank — 68.1%
2021-09-21: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.16	$41.78	$44.32	$44.03	$41.78
Max Pain	$36.19	$36.00	$40.00	$40.00	$36.00
ATM IV	23.5%	15.0%	44.0%	16.5%	24.0%
Expected Move	6.9%	4.7%	12.6%	4.7%	6.9%
HV 20d	8.5%	6.2%	11.6%	6.2%	11.6%
HV 60d	8.9%	8.4%	9.9%	8.5%	9.9%
IV Rank	30.3%	14.7%	68.1%	16.0%	31.4%
IV Percentile	62.1%	22.6%	96.4%	31.7%	71.4%
Term Structure	-1.9%	-8.6%	7.0%	1.9%	5.9%
VWIV	23.9%	14.5%	37.1%	37.1%	23.6%
Skew 25d	5.6%	-10.5%	13.8%	8.1%	-10.5%
Skew 10d	5.5%	-7.6%	16.2%	5.6%	2.7%
Call IV 25d	20.1%	10.1%	44.1%	10.1%	44.1%
Put IV 25d	25.7%	18.3%	42.8%	18.3%	33.6%
Bid-Ask Spread %	145.33	115.08	169.21	142.45	151.91
Gamma HHI	0.52	0.40	0.66	0.40	0.62
Net GEX	23.0K	14.6K	33.2K	18.3K	25.3K
Net DEX	-280.1K	-345.8K	-186.2K	-322.4K	-186.2K
Net VEX	-754	-853	-630	-853	-666
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.619	0	6	0	0
Total OI	153.048	149	155	155	151

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2021-09-01	$44.03	$40.00	16.5%	4.7%	6.2%	16.0%	0.0%	8.1%	1.9%	18.3K	-322.4K	-853	142.45	N/A	N/A	0	123	32
2021-09-02	$44.20	$36.00	17.9%	5.7%	6.4%	18.4%	0.0%	9.7%	-4.4%	19.7K	-334.9K	-822	115.08	N/A	N/A	0	123	32
2021-09-03	$44.32	$36.00	18.4%	5.6%	6.4%	19.1%	0.0%	6.6%	-2.9%	20.8K	-345.8K	-774	141.68	N/A	N/A	0	123	32
2021-09-07	$43.82	$36.00	15.0%	5.9%	7.7%	14.7%	0.0%	9.8%	-7.0%	19.3K	-334.3K	-847	138.69	N/A	N/A	0	123	32
2021-09-08	$43.90	$36.00	21.1%	6.0%	7.7%	25.9%	37.1%	10.3%	-7.3%	23.3K	-329.8K	-795	132.55	N/A	N/A	1	123	32
2021-09-09	$43.61	$36.00	21.0%	6.0%	8.0%	25.7%	0.0%	5.6%	-6.6%	21.2K	-332.0K	-812	130.38	N/A	N/A	6	123	32
2021-09-10	$43.40	$36.00	22.2%	6.4%	8.1%	28.0%	0.0%	5.4%	0.0%	20.2K	-305.7K	-829	151.77	N/A	N/A	0	123	32
2021-09-13	$43.36	$36.00	22.3%	6.4%	7.9%	28.1%	0.0%	6.0%	-0.8%	20.5K	-301.6K	-812	150.43	N/A	N/A	0	123	32
2021-09-14	$43.15	$36.00	23.2%	6.7%	7.4%	29.9%	0.0%	5.5%	-0.1%	20.6K	-291.3K	-819	149.89	N/A	N/A	0	123	32
2021-09-15	$43.47	$36.00	18.1%	5.2%	8.0%	20.5%	0.0%	7.3%	0.6%	20.2K	-306.6K	-778	166.57	N/A	N/A	0	123	32
2021-09-16	$43.34	$36.00	22.9%	6.6%	7.7%	29.3%	0.0%	7.0%	2.7%	21.7K	-307.1K	-775	150.43	N/A	N/A	1	123	32
2021-09-17	$42.98	$36.00	24.4%	7.0%	8.1%	32.1%	14.5%	10.5%	-4.0%	23.2K	-272.9K	-737	137.58	N/A	N/A	2	123	32
2021-09-20	$42.35	$36.00	25.5%	7.3%	8.8%	34.1%	0.0%	9.6%	-1.2%	19.1K	-217.5K	-722	148.35	N/A	N/A	0	117	32
2021-09-21	$42.58	$36.00	44.0%	12.6%	9.1%	68.1%	0.0%	8.9%	-8.0%	14.6K	-227.9K	-761	169.21	N/A	N/A	0	118	32
2021-09-22	$42.69	$36.00	17.2%	4.9%	9.1%	18.7%	20.2%	8.1%	-5.6%	33.2K	-231.7K	-630	141.74	N/A	N/A	2	118	32
2021-09-23	$43.02	$36.00	24.5%	7.0%	9.7%	32.2%	0.0%	1.5%	-8.6%	32.4K	-256.3K	-637	144.89	N/A	N/A	0	118	32
2021-09-24	$43.06	$36.00	25.8%	7.4%	9.6%	34.6%	0.0%	4.0%	-5.1%	27.5K	-272.4K	-701	137.75	N/A	N/A	0	119	32
2021-09-27	$42.81	$36.00	31.0%	8.9%	9.6%	44.2%	0.0%	-2.2%	0.7%	33.2K	-290.4K	-726	150.11	N/A	N/A	0	119	32
2021-09-28	$42.15	$36.00	29.0%	8.3%	10.7%	40.5%	0.0%	-7.5%	3.0%	25.4K	-196.8K	-669	149.40	N/A	N/A	0	119	32
2021-09-29	$42.32	$36.00	30.7%	8.8%	11.0%	43.7%	23.6%	13.8%	7.0%	22.5K	-218.6K	-660	151.05	N/A	N/A	1	119	32
2021-09-30	$41.78	$36.00	24.0%	6.9%	11.6%	31.4%	0.0%	-10.5%	5.9%	25.3K	-186.2K	-666	151.91	N/A	N/A	0	119	32