OUSA Options History — February 2022

In February 2022, OUSA traded between $41.75 and $44.99. ATM implied volatility averaged 25.3%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 11.4% (HV 20d: 13.9%). Max pain ranged from $41.00 to $42.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 1.43.

Notable Days

  • 2022-02-08: Highest Volume — 821 contracts
  • 2022-02-03: Largest IV spike — 76.0% change
  • 2022-02-23: Highest IV Rank — 48.3%
  • 2022-02-23: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.42$41.75$44.99$44.49$42.60
Max Pain$41.13$41.00$42.00$42.00$41.00
ATM IV25.3%17.6%31.7%31.6%25.5%
Expected Move6.9%5.1%9.1%9.1%7.3%
HV 20d13.9%11.0%17.9%11.0%17.5%
HV 60d12.6%11.4%14.0%11.4%14.0%
IV Rank35.7%20.8%48.3%48.1%36.1%
IV Percentile74.4%36.9%95.2%94.8%77.0%
Term Structure-4.4%-11.0%1.8%-7.0%-10.5%
VWIV27.4%20.1%33.4%27.3%30.6%
Skew 25d9.5%3.5%13.2%10.1%10.8%
Skew 10d11.9%3.1%20.1%12.7%10.0%
Call IV 25d18.7%15.7%22.2%22.2%19.5%
Put IV 25d28.2%22.6%33.4%32.2%30.3%
Bid-Ask Spread %127.97104.98156.66122.10135.28
Gamma HHI0.400.320.520.520.43
Net GEX45.8K-11.7K103.0K80.5K5.0K
Net DEX-381.9K-964.3K276.9K-907.5K41.7K
Net VEX-4.2K-4.9K-3.3K-3.4K-4.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.055.740.050.17
Total Volume442.7896382154663
Total OI715.684475842475765

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$44.49$42.0031.6%9.1%11.0%48.1%27.3%10.1%-7.0%80.5K-907.5K-3.4K0.05122.10N/AN/A5212541956
2022-02-02$44.99$42.0017.6%5.1%11.8%20.8%20.1%8.3%1.8%87.3K-964.3K-3.4K0.06128.11N/AN/A5212942974
2022-02-03$44.45$0.0031.0%7.0%12.3%47.0%0.0%12.4%-3.9%75.4K-908.1K-3.6K0.05104.98N/AN/A5222444079
2022-02-04$44.32$0.0026.4%6.3%12.2%37.9%0.0%7.5%-1.9%85.1K-872.1K-3.6K0.05117.34N/AN/A5152544179
2022-02-07$44.00$0.0028.0%6.6%12.3%41.0%0.0%9.8%-6.1%79.4K-823.0K-3.5K0.05105.29N/AN/A5122545180
2022-02-08$44.17$0.0028.8%6.4%12.3%42.7%22.6%7.3%-3.7%103.0K-822.6K-3.3K0.60114.51N/AN/A51230945080
2022-02-09$44.50$41.0020.2%5.8%12.4%25.8%27.3%10.1%-6.6%77.0K-719.5K-4.6K0.62106.78N/AN/A501309450382
2022-02-10$43.65$41.0021.1%6.1%13.9%27.6%29.7%9.5%-4.0%56.0K-398.9K-4.9K4.12108.55N/AN/A75309449382
2022-02-11$43.14$41.0024.1%6.9%14.3%33.3%28.7%11.6%1.4%38.0K-258.5K-4.9K2.15148.68N/AN/A144309448382
2022-02-14$43.00$41.0024.8%7.1%14.3%34.8%32.5%13.2%-6.5%31.9K-151.9K-4.8K2.15135.49N/AN/A144309458382
2022-02-15$43.22$41.0025.1%7.2%14.1%35.5%30.5%12.1%-2.6%42.2K-258.9K-4.8K2.15110.38N/AN/A144309458382
2022-02-16$43.51$41.0020.2%5.8%14.4%25.7%22.4%6.6%-2.4%46.9K-344.3K-4.5K2.13156.66N/AN/A145309458382
2022-02-17$43.04$41.0022.7%6.5%14.6%30.7%22.5%3.5%-4.6%29.8K-179.6K-4.6K2.10145.34N/AN/A145304459382
2022-02-18$42.86$41.0024.7%7.1%14.4%34.6%24.5%8.3%-1.9%40.1K-90.0K-4.5K2.10146.96N/AN/A145304459383
2022-02-22$42.45$41.0025.1%7.2%14.5%35.4%25.0%6.1%-3.1%2738.9K-4.3K2.58144.87N/AN/A118304382383
2022-02-23$41.91$41.0031.7%9.1%15.0%48.3%33.0%12.9%-11.0%-1.4K130.2K-4.3K5.74131.68N/AN/A53304381383
2022-02-24$41.75$41.0024.9%7.2%14.7%35.1%28.2%7.9%-4.6%-11.7K276.9K-4.1K0.17144.49N/AN/A549381383
2022-02-25$42.92$41.0026.9%7.7%17.9%38.9%33.4%12.4%-5.9%6.4K-45.3K-4.2K0.17123.87N/AN/A549382384
2022-02-28$42.60$41.0025.5%7.3%17.5%36.1%30.6%10.8%-10.5%5.0K41.7K-4.1K0.17135.28N/AN/A549382383