OUSA Options History — April 2023

In April 2023, OUSA traded between $41.75 and $42.86. ATM implied volatility averaged 15.4%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 4.0% (HV 20d: 11.4%). Max pain ranged from $38.00 to $41.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.00.

Notable Days

2023-04-21: Highest Volume — 3 contracts
2023-04-13: Largest IV spike — 98.5% change
2023-04-13: Highest IV Rank — 32.8%
2023-04-13: Largest Expected Move — 7.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.45	$41.75	$42.86	$42.38	$42.86
Max Pain	$40.53	$38.00	$41.00	$38.00	$41.00
ATM IV	15.4%	9.1%	26.6%	18.3%	9.3%
Expected Move	4.4%	2.6%	7.6%	5.2%	2.7%
HV 20d	11.4%	9.3%	14.9%	14.9%	12.1%
HV 60d	13.2%	12.8%	14.3%	14.3%	13.2%
IV Rank	11.1%	0.0%	32.8%	15.5%	0.3%
IV Percentile	15.3%	0.0%	65.5%	20.6%	0.8%
Term Structure	1.6%	-8.4%	18.2%	-1.0%	2.5%
Skew 25d	6.2%	-5.3%	33.3%	7.2%	1.1%
Skew 10d	6.1%	-1.7%	28.9%	5.6%	-1.7%
Call IV 25d	12.0%	7.0%	25.2%	11.6%	7.0%
Put IV 25d	18.3%	8.1%	44.7%	18.8%	8.1%
Bid-Ask Spread %	129.95	100.88	167.74	135.36	114.50
Gamma HHI	0.62	0.46	0.92	0.48	0.89
Net GEX	21.8K	12.3K	32.7K	26.1K	16.1K
Net DEX	-326.8K	-405.2K	-245.4K	-331.3K	-310.8K
Net VEX	-805	-976	-608	-967	-608
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.368	0	3	0	0
Total OI	136.158	108	150	149	110

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-04-03	$42.38	$38.00	18.3%	5.2%	14.9%	15.5%	0.0%	7.2%	-1.0%	26.1K	-331.3K	-967	135.36	N/A	N/A	0	0	127	22
2023-04-04	$42.09	$38.00	16.0%	4.6%	13.9%	10.8%	0.0%	-4.3%	-0.7%	22.5K	-315.6K	-976	135.84	N/A	N/A	0	0	127	22
2023-04-05	$42.21	$38.00	21.1%	6.0%	13.9%	21.3%	0.0%	-5.3%	-2.5%	25.5K	-320.0K	-954	141.49	N/A	N/A	0	0	127	22
2023-04-06	$42.21	$41.00	15.2%	4.4%	12.8%	9.1%	0.0%	2.5%	0.0%	28.6K	-337.5K	-902	109.87	N/A	N/A	0	0	127	22
2023-04-10	$42.21	$41.00	23.8%	6.4%	11.4%	27.1%	0.0%	11.6%	-8.4%	32.7K	-333.6K	-864	156.36	N/A	N/A	0	0	127	22
2023-04-11	$42.41	$41.00	24.9%	6.9%	11.2%	29.3%	0.0%	6.5%	-5.0%	27.5K	-333.7K	-885	135.41	N/A	N/A	2	0	127	22
2023-04-12	$42.23	$41.00	13.4%	3.8%	11.5%	5.3%	0.0%	3.2%	-0.4%	31.6K	-343.0K	-880	129.91	N/A	N/A	0	0	128	22
2023-04-13	$42.75	$41.00	26.6%	7.6%	11.9%	32.8%	0.0%	33.3%	18.2%	14.1K	-347.3K	-877	167.74	N/A	N/A	0	0	128	22
2023-04-14	$42.63	$41.00	14.1%	4.0%	11.1%	6.8%	0.0%	6.0%	4.1%	24.0K	-366.0K	-850	148.24	N/A	N/A	0	0	128	22
2023-04-17	$42.73	$41.00	10.1%	2.9%	10.3%	0.0%	0.0%	0.7%	-2.2%	29.1K	-398.4K	-737	127.91	N/A	N/A	0	0	128	22
2023-04-18	$42.86	$41.00	14.8%	4.2%	10.1%	9.5%	0.0%	9.1%	4.1%	26.5K	-405.2K	-722	147.57	N/A	N/A	0	0	128	22
2023-04-19	$42.73	$41.00	9.1%	2.6%	10.1%	0.0%	0.0%	7.9%	6.9%	23.4K	-369.6K	-811	152.32	N/A	N/A	0	0	128	22
2023-04-20	$42.50	$41.00	14.9%	4.3%	9.8%	11.7%	0.0%	5.1%	4.5%	14.3K	-301.9K	-702	108.80	N/A	N/A	0	0	101	22
2023-04-21	$42.64	$41.00	12.2%	3.5%	9.4%	6.1%	0.0%	10.4%	3.8%	12.3K	-299.2K	-722	127.57	N/A	N/A	3	0	101	22
2023-04-24	$42.65	$41.00	9.6%	2.7%	9.3%	0.9%	0.0%	10.9%	-0.0%	12.8K	-286.5K	-698	101.82	N/A	N/A	0	1	97	11
2023-04-25	$42.19	$41.00	18.1%	5.2%	10.4%	18.1%	0.0%	6.3%	3.4%	14.0K	-271.8K	-728	120.64	N/A	N/A	0	1	97	12
2023-04-26	$41.75	$41.00	12.3%	3.5%	11.1%	6.3%	0.0%	3.6%	0.7%	17.1K	-245.4K	-764	100.88	N/A	N/A	0	0	97	13
2023-04-27	$42.53	$41.00	9.1%	2.6%	12.0%	0.0%	0.0%	2.6%	1.9%	16.2K	-292.8K	-657	106.88	N/A	N/A	0	0	97	13
2023-04-28	$42.86	$41.00	9.3%	2.7%	12.1%	0.3%	0.0%	1.1%	2.5%	16.1K	-310.8K	-608	114.50	N/A	N/A	0	0	97	13