OUSA Options History — November 2021

In November 2021, OUSA traded between $43.74 and $44.90. ATM implied volatility averaged 22.6%, placing in the 28.7% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 15.2% (HV 20d: 7.4%). Max pain ranged from $42.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2021-11-01: Highest Volume — 66 contracts
  • 2021-11-09: Largest IV spike — 57.1% change
  • 2021-11-09: Highest IV Rank — 48.7%
  • 2021-11-26: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.49$43.74$44.90$43.79$43.74
Max Pain$44.57$42.00$45.00$42.00$45.00
ATM IV22.6%13.3%33.4%18.7%29.9%
Expected Move6.1%3.5%8.8%5.4%8.6%
HV 20d7.4%5.7%9.7%9.2%9.7%
HV 60d10.0%9.9%10.7%9.9%10.7%
IV Rank28.7%11.6%48.7%21.6%42.2%
IV Percentile63.9%13.1%94.8%48.0%91.3%
Term Structure-3.3%-12.2%2.6%-3.8%-12.2%
VWIV21.8%11.5%33.2%23.5%13.8%
Skew 25d6.7%-7.9%20.0%1.4%20.0%
Skew 10d9.4%-11.2%23.3%1.4%14.4%
Call IV 25d16.2%11.6%23.4%14.6%15.1%
Put IV 25d22.9%10.9%38.4%16.0%35.1%
Bid-Ask Spread %142.62117.45173.27122.67138.91
Gamma HHI0.550.460.730.460.60
Net GEX9.0K6.7K12.7K8.9K7.0K
Net DEX-87.1K-100.2K-66.8K-85.1K-66.8K
Net VEX-374-451-294-451-338
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.250.270.250.27
Total Volume64.57161666661
Total OI62.57159646459

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$43.79$42.0018.7%5.4%9.2%21.6%23.5%1.4%-3.8%8.9K-85.1K-4510.25122.67N/AN/A53135113
2021-11-02$44.20$42.0025.9%7.4%9.2%34.9%31.6%-7.9%-6.1%9.4K-81.2K-3840.25158.08N/AN/A53135113
2021-11-03$44.29$42.0026.7%7.6%9.1%36.3%33.2%1.7%-8.3%9.5K-83.9K-3820.25153.16N/AN/A53135113
2021-11-04$44.28$45.0017.8%3.5%8.6%19.8%11.5%2.2%-1.2%12.7K-72.0K-3070.25152.27N/AN/A53135113
2021-11-05$44.52$45.0027.7%5.4%8.5%38.2%18.2%2.0%-1.2%9.9K-89.6K-3890.25169.76N/AN/A53135113
2021-11-08$44.46$45.0021.3%6.3%8.2%26.3%23.2%5.6%0.0%8.4K-100.2K-4170.25128.45N/AN/A53135113
2021-11-09$44.42$45.0033.4%5.5%7.5%48.7%17.9%7.5%2.6%8.5K-91.5K-4110.25124.16N/AN/A53135113
2021-11-10$44.40$45.0018.1%5.2%7.5%20.4%21.4%10.1%-0.6%9.3K-95.1K-4040.25126.17N/AN/A53135113
2021-11-11$44.35$45.0022.1%6.3%6.2%27.8%19.2%10.2%-3.5%7.4K-99.4K-4160.25129.80N/AN/A53135113
2021-11-12$44.65$45.0018.3%5.2%6.3%20.8%20.8%12.2%-2.2%7.3K-96.4K-4210.25141.43N/AN/A53135113
2021-11-15$44.51$45.0013.3%3.8%6.5%11.6%14.0%10.3%1.6%8.8K-99.3K-4060.25121.00N/AN/A53135113
2021-11-16$44.86$45.0016.3%4.7%6.5%17.1%19.8%5.8%1.0%9.9K-95.6K-3660.25126.74N/AN/A53135113
2021-11-17$44.83$45.0020.1%5.8%6.3%24.2%21.3%12.4%-0.7%9.4K-98.3K-3600.25130.90N/AN/A53135113
2021-11-18$44.76$45.0018.4%5.3%6.3%21.1%19.7%13.5%0.8%8.6K-95.7K-3800.25140.45N/AN/A53135113
2021-11-19$44.68$45.0022.6%6.5%6.3%28.8%23.6%11.6%-6.2%9.0K-99.0K-3660.25117.45N/AN/A53135113
2021-11-22$44.90$45.0022.6%6.5%6.5%28.8%22.7%-3.4%-2.0%9.6K-70.7K-2940.27167.29N/AN/A48134613
2021-11-23$44.84$45.0021.4%6.1%6.5%26.6%20.7%7.7%-5.6%8.9K-78.3K-3510.27164.29N/AN/A48134613
2021-11-24$44.82$45.0021.6%6.2%5.7%27.0%21.3%-7.8%-4.3%11.4K-67.9K-3050.27173.27N/AN/A48134613
2021-11-26$44.36$45.0030.9%8.8%7.0%44.0%30.0%15.1%-9.4%6.7K-82.1K-3680.27162.47N/AN/A48134613
2021-11-29$44.53$45.0027.2%7.8%7.1%37.2%31.1%10.7%-8.8%7.8K-81.8K-3480.27146.26N/AN/A48134613
2021-11-30$43.74$45.0029.9%8.6%9.7%42.2%13.8%20.0%-12.2%7.0K-66.8K-3380.27138.91N/AN/A48134613