OUSA Options History — August 2022

In August 2022, OUSA traded between $40.20 and $44.30. ATM implied volatility averaged 20.5%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 6.1% (HV 20d: 14.4%). Max pain ranged from $39.00 to $41.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.37.

Notable Days

2022-08-31: Highest Volume — 125 contracts
2022-08-12: Largest IV spike — 66.3% change
2022-08-29: Highest IV Rank — 47.7%
2022-08-29: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.13	$40.20	$44.30	$41.98	$40.20
Max Pain	$39.91	$39.00	$41.00	$41.00	$40.00
ATM IV	20.5%	10.9%	33.3%	22.4%	27.4%
Expected Move	5.9%	3.1%	9.5%	6.4%	7.9%
HV 20d	14.4%	10.4%	20.6%	11.3%	20.1%
HV 60d	18.2%	16.7%	19.5%	19.5%	19.0%
IV Rank	20.8%	0.6%	47.7%	24.8%	35.3%
IV Percentile	31.1%	0.4%	89.7%	36.9%	63.5%
Term Structure	0.0%	-8.9%	8.7%	4.8%	-8.9%
VWIV	21.7%	12.1%	28.1%	21.9%	22.9%
Skew 25d	5.0%	-2.6%	12.6%	2.8%	-2.6%
Skew 10d	5.5%	-0.4%	11.8%	7.5%	2.6%
Call IV 25d	17.2%	8.6%	27.3%	23.1%	23.4%
Put IV 25d	22.2%	10.6%	32.4%	25.8%	20.8%
Bid-Ask Spread %	139.37	91.94	162.61	147.71	140.82
Gamma HHI	0.23	0.17	0.36	0.26	0.22
Net GEX	5.8K	-2.2K	14.9K	5.5K	-2.2K
Net DEX	-104.0K	-197.4K	11.9K	-97.4K	3.7K
Net VEX	-573	-776	-265	-265	-644
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.37	0.00	1.00	0.23	0.95
Total Volume	25.217	0	125	54	125
Total OI	110.478	39	144	39	139

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$41.98	$41.00	22.4%	6.4%	11.3%	24.8%	21.9%	2.8%	4.8%	5.5K	-97.4K	-265	0.23	147.71	N/A	N/A	44	10	39	0
2022-08-02	$41.75	$41.00	23.8%	6.8%	11.3%	27.7%	22.2%	1.3%	4.1%	3.5K	-91.0K	-309	0.49	143.94	N/A	N/A	41	20	39	10
2022-08-03	$42.17	$41.00	25.1%	7.2%	11.2%	30.5%	25.3%	4.5%	-0.3%	3.2K	-86.0K	-355	0.51	137.20	N/A	N/A	39	20	40	20
2022-08-04	$42.04	$39.00	20.3%	6.7%	11.3%	20.4%	28.1%	12.6%	-0.2%	4.1K	-90.8K	-375	0.43	129.49	N/A	N/A	47	20	42	20
2022-08-05	$41.88	$39.00	24.3%	6.7%	11.5%	28.9%	21.2%	7.4%	-0.4%	5.2K	-106.6K	-535	0.43	142.31	N/A	N/A	47	20	57	20
2022-08-08	$41.97	$39.00	12.6%	3.5%	11.2%	4.2%	20.0%	5.4%	2.0%	8.2K	-106.8K	-412	0.43	91.94	N/A	N/A	47	20	57	20
2022-08-09	$41.84	$39.00	12.3%	3.6%	10.4%	3.6%	0.0%	2.9%	-1.3%	7.3K	-115.5K	-407	0.00	100.63	N/A	N/A	2	0	57	20
2022-08-10	$42.49	$39.00	10.9%	3.1%	11.5%	0.6%	12.1%	0.8%	4.7%	9.0K	-134.2K	-404	1.00	108.38	N/A	N/A	20	20	57	20
2022-08-11	$42.25	$40.00	13.3%	3.8%	11.7%	5.6%	0.0%	5.2%	4.3%	13.7K	-149.3K	-560	0.00	109.06	N/A	N/A	0	11	77	40
2022-08-12	$42.81	$40.00	22.1%	6.3%	12.0%	24.1%	0.0%	8.6%	3.1%	6.7K	-157.1K	-662	0.00	144.98	N/A	N/A	0	0	77	51
2022-08-15	$43.10	$40.00	13.3%	3.8%	11.4%	5.6%	0.0%	0.5%	-0.9%	14.9K	-170.5K	-632	0.00	144.31	N/A	N/A	1	0	77	51
2022-08-16	$43.35	$40.00	18.1%	5.2%	10.5%	15.8%	0.0%	0.4%	4.4%	9.5K	-180.4K	-640	0.00	161.39	N/A	N/A	0	0	78	51
2022-08-17	$44.30	$40.00	17.0%	4.9%	12.4%	13.5%	0.0%	11.5%	8.7%	8.2K	-197.4K	-638	0.00	162.61	N/A	N/A	0	10	78	51
2022-08-18	$43.17	$40.00	18.0%	5.2%	16.3%	15.6%	0.0%	2.5%	4.6%	10.6K	-149.3K	-710	0.00	156.57	N/A	N/A	5	0	78	61
2022-08-19	$42.93	$40.00	16.1%	4.6%	16.4%	11.5%	0.0%	3.7%	7.1%	8.6K	-143.4K	-776	0.00	156.12	N/A	N/A	0	0	83	61
2022-08-22	$42.22	$40.00	22.1%	6.3%	17.8%	24.2%	0.0%	11.6%	-4.9%	5.2K	-96.6K	-713	0.00	144.78	N/A	N/A	0	0	77	61
2022-08-23	$41.96	$40.00	20.5%	5.9%	18.0%	20.8%	0.0%	8.5%	-2.2%	5.8K	-85.1K	-742	0.00	146.71	N/A	N/A	0	0	77	61
2022-08-24	$41.99	$40.00	20.0%	5.7%	17.1%	19.7%	0.0%	3.2%	-6.2%	2.9K	-82.4K	-676	0.00	132.46	N/A	N/A	1	0	77	61
2022-08-25	$42.28	$40.00	17.5%	5.0%	17.2%	14.6%	0.0%	9.2%	-2.2%	1.4K	-88.5K	-690	0.00	153.34	N/A	N/A	0	0	78	61
2022-08-26	$41.15	$40.00	28.7%	8.2%	19.8%	38.1%	0.0%	5.6%	-6.5%	2.1K	-52.5K	-710	0.00	144.31	N/A	N/A	0	10	78	61
2022-08-29	$40.95	$40.00	33.3%	9.5%	19.8%	47.7%	0.0%	9.8%	-6.2%	1.2K	-27.6K	-658	0.00	144.47	N/A	N/A	0	0	78	61
2022-08-30	$40.22	$40.00	31.8%	9.1%	20.6%	44.6%	0.0%	0.3%	-7.5%	-688	11.9K	-669	0.00	162.01	N/A	N/A	0	0	78	61
2022-08-31	$40.20	$40.00	27.4%	7.9%	20.1%	35.3%	22.9%	-2.6%	-8.9%	-2.2K	3.7K	-644	0.95	140.82	N/A	N/A	64	61	78	61