OUSA Options History — February 2023

In February 2023, OUSA traded between $40.73 and $43.12. ATM implied volatility averaged 20.6%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 7.0% (HV 20d: 13.5%). Max pain ranged from $41.00 to $44.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-02-02: Highest Volume — 67 contracts
  • 2023-02-06: Largest IV spike — 113.2% change
  • 2023-02-06: Highest IV Rank — 38.7%
  • 2023-02-24: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.05$40.73$43.12$42.92$40.77
Max Pain$42.69$41.00$44.00$42.00$41.00
ATM IV20.6%13.7%29.2%21.9%15.6%
Expected Move5.4%3.1%7.9%6.3%4.5%
HV 20d13.5%11.9%15.3%14.9%14.1%
HV 60d15.9%14.7%18.0%18.0%14.7%
IV Rank20.4%5.9%38.7%23.2%9.9%
IV Percentile30.8%3.2%71.8%34.1%8.3%
Term Structure-2.3%-10.6%6.0%-3.9%4.6%
VWIV20.0%16.3%25.1%16.3%25.1%
Skew 25d5.0%1.2%10.8%10.8%1.9%
Skew 10d3.1%-4.4%6.6%5.7%6.4%
Call IV 25d14.7%7.9%19.6%9.8%19.1%
Put IV 25d19.6%15.3%24.5%20.6%21.1%
Bid-Ask Spread %140.25110.94157.59144.94157.59
Gamma HHI0.550.460.620.600.60
Net GEX18.0K6.7K30.3K7.0K9.7K
Net DEX-104.4K-161.3K-48.9K-86.4K-48.9K
Net VEX-314-448-213-262-213
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.78906710
Total OI90.737481225150

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$42.92$42.0021.9%6.3%14.9%23.2%0.0%10.8%-3.9%7.0K-86.4K-2620.00144.94N/AN/A103516
2023-02-02$43.12$0.0024.7%3.6%14.9%29.1%0.0%3.9%1.3%7.3K-94.4K-2590.00144.51N/AN/A6703616
2023-02-03$42.71$0.0013.7%3.1%15.3%5.9%0.0%7.5%6.0%30.3K-152.6K-4440.00147.01N/AN/A0010316
2023-02-06$42.50$0.0029.2%5.7%12.8%38.7%16.3%5.5%-4.2%23.7K-155.9K-4480.00110.94N/AN/A1010316
2023-02-07$42.72$44.0024.6%3.9%12.6%29.0%0.0%8.9%2.6%29.6K-153.6K-4280.00120.87N/AN/A0010416
2023-02-08$42.34$44.0015.7%4.5%13.0%10.1%0.0%1.2%1.1%24.7K-119.0K-3560.00126.47N/AN/A0010516
2023-02-09$42.02$44.0016.4%4.7%12.9%11.6%0.0%2.0%-3.2%22.4K-118.4K-3870.00145.19N/AN/A0010516
2023-02-10$42.20$44.0020.8%6.0%13.0%21.0%0.0%3.1%-4.2%23.8K-122.3K-3770.00151.01N/AN/A0010516
2023-02-13$42.75$44.0017.3%5.0%13.8%13.4%0.0%4.4%1.3%29.5K-161.3K-3580.00154.94N/AN/A0010516
2023-02-14$42.59$44.0019.1%5.5%13.6%17.2%0.0%3.8%-0.9%28.4K-152.0K-3390.00155.57N/AN/A0010516
2023-02-15$42.51$44.0015.0%4.3%12.2%8.6%0.0%6.0%-1.7%28.0K-133.5K-3240.00129.25N/AN/A0010516
2023-02-16$42.20$44.0017.8%5.1%12.2%14.6%18.6%2.3%-4.4%21.2K-102.1K-2780.00136.60N/AN/A1010516
2023-02-17$42.22$42.0018.3%5.2%11.9%15.5%0.0%9.3%-1.3%18.8K-93.1K-2620.00125.50N/AN/A0010616
2023-02-21$41.42$42.0020.7%5.9%13.5%20.7%25.1%1.6%-6.7%6.9K-64.1K-2590.00145.92N/AN/A103612
2023-02-22$41.11$41.0027.4%7.8%13.7%34.7%0.0%9.6%-6.3%7.1K-60.7K-2540.00141.57N/AN/A003712
2023-02-23$41.27$41.0019.5%5.6%13.8%18.1%0.0%4.0%-6.2%9.1K-60.3K-2500.00137.28N/AN/A003712
2023-02-24$40.73$41.0027.6%7.9%14.5%35.3%0.0%6.7%-10.6%6.7K-49.8K-2400.00134.57N/AN/A003712
2023-02-27$40.88$41.0025.5%7.3%14.4%30.8%0.0%2.2%-7.9%7.5K-54.8K-2320.00155.07N/AN/A103712
2023-02-28$40.77$41.0015.6%4.5%14.1%9.9%0.0%1.9%4.6%9.7K-48.9K-2130.00157.59N/AN/A003812