OUSA Options History — May 2022

In May 2022, OUSA traded between $40.24 and $43.20. ATM implied volatility averaged 28.7%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 5.5% (HV 20d: 23.3%). Max pain ranged from $40.00 to $42.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2022-05-13: Highest Volume — 169 contracts
  • 2022-05-27: Largest IV spike — 58.6% change
  • 2022-05-09: Highest IV Rank — 66.3%
  • 2022-05-12: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.63$40.24$43.20$41.88$42.52
Max Pain$41.63$40.00$42.00$40.00$42.00
ATM IV28.7%18.8%41.0%23.6%31.4%
Expected Move7.8%5.4%9.2%6.8%9.0%
HV 20d23.3%17.6%25.8%17.7%24.4%
HV 60d18.9%17.0%20.2%17.0%19.5%
IV Rank42.0%22.5%66.3%32.0%47.3%
IV Percentile77.6%33.7%98.4%62.3%90.9%
Term Structure-2.8%-13.5%9.1%1.3%-8.8%
VWIV25.7%18.1%33.6%25.7%33.6%
Skew 25d6.9%-5.3%16.4%5.7%8.1%
Skew 10d8.6%-4.3%16.9%5.6%8.1%
Call IV 25d24.5%18.2%30.0%20.5%28.2%
Put IV 25d31.5%22.1%38.6%26.2%36.3%
Bid-Ask Spread %120.3888.63143.75109.84136.71
Gamma HHI0.410.210.600.350.59
Net GEX19.8K3.1K44.9K3.1K40.7K
Net DEX-198.2K-456.7K-14.0K-14.0K-447.6K
Net VEX-813-1.4K-231-231-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.040.260.260.06
Total Volume94.6672916929113
Total OI150.195024450244

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$41.88$40.0023.6%6.8%17.7%32.0%25.7%5.7%1.3%3.1K-14.0K-2310.26109.84N/AN/A236419
2022-05-03$41.99$40.0031.8%9.1%17.6%48.1%24.8%-1.6%-7.3%3.4K-18.5K-2450.26126.21N/AN/A236429
2022-05-04$43.20$40.0026.4%7.6%20.8%37.5%27.2%-5.3%-2.1%4.4K-32.4K-2760.26143.75N/AN/A236429
2022-05-05$41.92$0.0038.1%7.7%23.1%60.5%0.0%10.1%-5.2%3.3K-17.1K-2420.11131.75N/AN/A536429
2022-05-06$41.95$0.0030.5%8.6%22.6%45.5%0.0%16.4%-2.5%7.0K-104.3K-4680.11136.74N/AN/A546729
2022-05-09$41.48$0.0041.0%8.0%22.8%66.3%0.0%-0.3%-3.2%7.3K-93.8K-4220.1198.12N/AN/A546739
2022-05-10$41.37$0.0031.2%7.9%22.5%46.9%0.0%11.1%-0.0%6.0K-83.6K-3860.0888.63N/AN/A746739
2022-05-11$41.00$0.0026.8%7.7%22.6%38.3%20.9%13.6%9.1%6.1K-96.5K-4890.0498.84N/AN/A1536759
2022-05-12$41.01$42.0032.1%9.2%22.2%48.7%22.3%12.3%-11.4%18.7K-196.1K-9600.04105.60N/AN/A15361549
2022-05-13$41.71$42.0025.7%7.4%23.4%36.1%23.3%10.0%-3.0%21.8K-232.6K-9730.0490.96N/AN/A16361558
2022-05-16$41.80$42.0025.4%7.3%23.2%35.6%18.1%4.4%-1.1%23.9K-254.5K-1.0K0.04109.87N/AN/A16361658
2022-05-17$42.24$42.0022.6%6.5%22.5%30.0%27.3%7.3%-2.4%24.5K-290.7K-1.1K0.06125.57N/AN/A10161658
2022-05-18$40.70$42.0027.5%7.9%25.2%39.7%25.7%6.1%-2.9%24.3K-225.6K-1.0K0.07129.46N/AN/A8161828
2022-05-19$40.24$42.0025.8%7.4%25.3%36.2%26.4%6.7%1.5%23.6K-213.2K-1.0K0.08127.01N/AN/A7161938
2022-05-20$40.45$42.0025.1%7.2%25.0%34.8%27.9%3.5%1.3%25.0K-183.3K-9020.0897.94N/AN/A7161918
2022-05-23$41.03$42.0029.2%8.4%25.8%43.0%22.4%12.9%-5.7%25.7K-236.8K-1.0K0.07123.47N/AN/A7651888
2022-05-24$41.41$42.0030.2%8.7%25.6%44.9%28.5%3.5%-0.5%26.1K-254.2K-1.0K0.06137.94N/AN/A10361888
2022-05-25$41.61$42.0030.2%8.6%25.7%44.9%31.0%6.0%-1.5%33.9K-338.6K-1.3K0.06143.42N/AN/A10362328
2022-05-26$42.15$42.0018.8%5.4%25.8%22.5%21.0%4.6%-0.6%44.9K-372.5K-1.3K0.06139.58N/AN/A10762328
2022-05-27$42.64$42.0029.8%8.5%24.6%44.2%30.6%10.9%-13.5%41.9K-456.7K-1.4K0.06126.51N/AN/A10762368
2022-05-31$42.52$42.0031.4%9.0%24.4%47.3%33.6%8.1%-8.8%40.7K-447.6K-1.3K0.06136.71N/AN/A10762368