OUSA Options History — March 2022

In March 2022, OUSA traded between $41.85 and $44.63. ATM implied volatility averaged 23.7%, placing in the 32.7% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 5.3% (HV 20d: 18.4%). Max pain ranged from $41.00 to $44.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.24.

Notable Days

  • 2022-03-23: Highest Volume — 88 contracts
  • 2022-03-29: Largest IV spike — 31.3% change
  • 2022-03-14: Highest IV Rank — 57.5%
  • 2022-03-11: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.22$41.85$44.63$42.43$44.21
Max Pain$41.75$41.00$44.00$41.00$44.00
ATM IV23.7%13.7%36.4%33.5%16.8%
Expected Move7.2%3.3%14.4%9.6%5.5%
HV 20d18.4%15.8%20.2%17.0%15.9%
HV 60d14.9%14.0%15.4%14.0%15.3%
IV Rank32.7%13.0%57.5%51.8%19.2%
IV Percentile59.3%13.9%97.6%96.4%30.2%
Term Structure-3.9%-18.1%16.2%-3.1%1.3%
VWIV32.8%17.5%44.4%35.0%17.5%
Skew 25d8.5%0.0%14.8%11.2%8.6%
Skew 10d10.2%-3.0%21.7%21.7%1.5%
Call IV 25d17.5%12.0%22.2%21.9%14.2%
Put IV 25d26.0%14.8%34.1%33.1%22.8%
Bid-Ask Spread %122.9491.10191.66112.81107.88
Gamma HHI0.520.410.830.430.82
Net GEX56.1K-6.5K198.9K6.9K182.3K
Net DEX-293.8K-1.0M192.2K42.2K-828.1K
Net VEX-2.9K-4.2K-1.4K-4.1K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.140.480.160.21
Total Volume75.8764886488
Total OI760.609743767765762

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$42.43$41.0033.5%9.6%17.0%51.8%35.0%11.2%-3.1%6.9K42.2K-4.1K0.16112.81N/AN/A559382383
2022-03-02$43.25$41.0029.4%8.4%18.4%43.7%33.1%2.9%0.0%12.5K-137.6K-4.0K0.16121.69N/AN/A569380383
2022-03-03$43.19$41.0030.0%8.6%17.8%45.0%33.2%4.0%-5.9%20.1K-195.1K-4.1K0.16130.85N/AN/A569381383
2022-03-04$43.18$41.0025.7%7.4%17.4%36.6%41.1%10.5%-9.2%9.7K-133.5K-4.2K0.14131.12N/AN/A649381383
2022-03-07$42.53$41.0030.7%8.8%18.1%46.3%37.2%12.0%-14.7%10.8K-28.4K-3.9K0.16142.33N/AN/A579379383
2022-03-08$41.89$41.0030.5%10.9%18.6%46.0%36.4%14.8%-5.4%-1.2K173.6K-3.7K0.18138.30N/AN/A5710379383
2022-03-09$42.53$41.0033.2%13.4%19.5%51.3%44.4%12.9%-18.1%4.3K34.6K-3.6K0.18139.26N/AN/A5510379384
2022-03-10$42.11$41.0028.4%9.9%19.4%41.8%36.2%11.4%-9.5%-3.1K170.6K-3.5K0.18139.34N/AN/A5510379384
2022-03-11$41.96$41.0035.0%14.4%18.4%54.8%43.2%12.2%-15.6%-2.1K162.6K-3.5K0.18148.55N/AN/A5610373384
2022-03-14$41.85$44.0036.4%6.5%18.0%57.5%18.1%13.2%-15.9%-6.5K192.2K-3.4K0.35116.70N/AN/A5720373384
2022-03-15$42.75$44.0028.7%6.0%19.7%42.5%17.8%8.5%-11.3%-2.1K11.5K-3.3K0.35114.78N/AN/A5720373394
2022-03-16$42.92$44.0020.4%4.9%19.7%26.3%17.5%3.0%-9.6%13.3K-151.4K-3.1K0.48103.21N/AN/A5225373394
2022-03-17$43.50$0.0019.2%9.6%20.2%23.8%0.0%11.2%16.2%31.3K-343.7K-2.8K0.48191.66N/AN/A5225373388
2022-03-18$43.79$0.0015.6%5.4%19.9%16.7%0.0%8.2%4.6%47.2K-393.6K-2.7K0.48110.26N/AN/A5225373388
2022-03-21$43.60$0.0014.8%5.5%19.9%15.3%0.0%8.9%7.1%96.9K-506.4K-2.1K0.25126.13N/AN/A5113373370
2022-03-22$43.96$0.0016.6%4.7%19.6%18.7%0.0%4.9%-0.2%69.0K-602.1K-2.0K0.18112.17N/AN/A7113373370
2022-03-23$43.48$0.0020.2%5.9%19.5%25.9%0.0%9.9%5.2%22.6K-300.4K-2.1K0.21121.66N/AN/A7315393367
2022-03-24$43.75$0.0016.7%3.3%19.4%18.9%0.0%5.3%-1.2%78.8K-482.5K-2.1K0.2191.10N/AN/A7315395367
2022-03-25$43.93$0.0014.6%4.5%17.0%14.8%0.0%6.8%0.4%115.0K-666.5K-1.8K0.21128.02N/AN/A7315395367
2022-03-28$44.20$0.0013.7%4.5%16.8%13.0%0.0%11.6%1.1%198.9K-829.5K-1.5K0.2199.27N/AN/A7315395367
2022-03-29$44.63$0.0017.9%3.8%16.8%21.4%0.0%0.0%1.5%194.5K-1.0M-1.4K0.2199.86N/AN/A7315395367
2022-03-30$44.43$0.0017.1%3.9%15.8%19.8%0.0%3.6%-7.1%192.1K-897.8K-1.4K0.21100.59N/AN/A7315395367
2022-03-31$44.21$0.0016.8%5.5%15.9%19.2%0.0%8.6%1.3%182.3K-828.1K-1.4K0.21107.88N/AN/A7315395367