OUSA Options History — June 2023

In June 2023, OUSA traded between $41.91 and $44.07. ATM implied volatility averaged 20.6%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 10.5% (HV 20d: 10.1%). Max pain ranged from $40.00 to $41.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.25.

Notable Days

2023-06-09: Highest Volume — 5 contracts
2023-06-07: Largest IV spike — 381.1% change
2023-06-07: Highest IV Rank — 100.0%
2023-06-23: Largest Expected Move — 5.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.03	$41.91	$44.07	$41.91	$44.07
Max Pain	$40.10	$40.00	$41.00	$41.00	$40.00
ATM IV	20.6%	7.3%	91.0%	10.5%	7.3%
Expected Move	3.5%	2.0%	5.5%	3.0%	2.1%
HV 20d	10.1%	9.2%	11.2%	9.6%	11.1%
HV 60d	11.3%	10.7%	12.3%	11.8%	11.0%
IV Rank	15.9%	0.0%	100.0%	3.2%	0.0%
IV Percentile	29.6%	0.0%	100.0%	3.2%	0.0%
Term Structure	-0.3%	-8.4%	5.7%	0.9%	0.8%
VWIV	8.0%	8.0%	8.0%	8.0%	8.0%
Skew 25d	2.6%	-4.1%	8.2%	4.7%	1.5%
Skew 10d	1.1%	-6.8%	5.0%	2.5%	0.3%
Call IV 25d	9.3%	5.3%	14.4%	8.1%	5.4%
Put IV 25d	11.9%	6.8%	17.1%	12.8%	6.8%
Bid-Ask Spread %	116.09	40.40	154.90	111.13	94.91
Gamma HHI	0.54	0.38	0.71	0.71	0.38
Net GEX	18.2K	5.1K	29.0K	27.3K	5.1K
Net DEX	-381.7K	-452.6K	-273.6K	-273.6K	-445.7K
Net VEX	-289	-598	-51	-598	-51
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.25	0.00	1.00	0.00	1.00
Total Volume	0.619	0	5	0	4
Total OI	119.667	117	125	118	117

Daily Data (21 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
2023-06-01	$41.91	$41.00	10.5%	3.0%	9.6%	3.2%	0.0%	4.7%	0.9%	27.3K	-273.6K	-598	0.00	111.13	N/A	N/A	0	0	105	13
2023-06-02	$42.58	$41.00	18.3%	5.2%	10.7%	18.9%	0.0%	-4.1%	1.8%	23.4K	-355.2K	-383	0.00	120.62	N/A	N/A	2	0	105	13
2023-06-05	$42.42	$40.00	26.7%	4.5%	9.5%	35.7%	0.0%	2.7%	-3.9%	22.3K	-302.3K	-570	0.00	154.90	N/A	N/A	0	1	106	13
2023-06-06	$42.32	$40.00	18.9%	3.3%	9.5%	20.1%	0.0%	5.5%	-1.3%	29.0K	-334.6K	-432	0.00	103.56	N/A	N/A	0	0	106	14
2023-06-07	$42.33	$40.00	91.0%	2.0%	9.4%	100.0%	0.0%	1.2%	1.2%	26.1K	-318.8K	-485	0.00	107.07	N/A	N/A	0	0	106	14
2023-06-08	$42.58	$40.00	27.0%	3.2%	9.6%	22.1%	0.0%	8.2%	5.7%	18.3K	-389.5K	-202	0.00	152.24	N/A	N/A	0	0	106	14
2023-06-09	$42.63	$40.00	9.0%	2.0%	9.4%	0.3%	8.0%	0.7%	-0.5%	25.7K	-363.8K	-325	0.00	127.68	N/A	N/A	5	0	106	14
2023-06-12	$42.84	$40.00	43.1%	4.7%	9.6%	41.7%	0.0%	3.1%	-3.8%	22.6K	-342.7K	-498	0.00	154.14	N/A	N/A	0	0	111	14
2023-06-13	$43.02	$40.00	47.3%	4.9%	9.6%	46.8%	0.0%	3.0%	-4.4%	21.5K	-351.6K	-465	0.00	154.42	N/A	N/A	0	0	111	14
2023-06-14	$43.11	$40.00	11.2%	3.2%	9.2%	2.9%	0.0%	2.3%	2.3%	21.8K	-372.2K	-417	0.00	152.04	N/A	N/A	0	0	111	14
2023-06-15	$43.84	$40.00	12.6%	3.6%	10.7%	4.6%	0.0%	2.3%	3.2%	6.5K	-452.6K	-86	0.00	139.53	N/A	N/A	0	0	111	14
2023-06-16	$43.79	$40.00	14.3%	4.1%	10.7%	6.7%	0.0%	1.0%	-4.0%	18.0K	-418.0K	-282	0.00	149.30	N/A	N/A	1	0	111	14
2023-06-20	$43.47	$40.00	18.6%	5.3%	11.1%	11.9%	0.0%	5.3%	-1.1%	13.8K	-416.2K	-171	0.00	148.44	N/A	N/A	0	0	106	11
2023-06-21	$43.31	$40.00	11.2%	3.2%	11.2%	2.8%	0.0%	1.0%	0.1%	17.1K	-403.4K	-207	0.00	91.07	N/A	N/A	0	0	106	11
2023-06-22	$43.27	$40.00	9.0%	2.6%	10.7%	0.3%	0.0%	3.2%	1.2%	15.1K	-410.5K	-171	0.00	58.34	N/A	N/A	0	0	106	11
2023-06-23	$43.09	$40.00	19.3%	5.5%	9.9%	12.7%	0.0%	2.0%	-8.4%	20.8K	-379.0K	-289	0.00	113.44	N/A	N/A	0	0	106	11
2023-06-26	$43.03	$40.00	8.5%	2.4%	9.9%	0.0%	0.0%	4.7%	1.1%	13.9K	-414.0K	-123	0.00	87.16	N/A	N/A	0	0	106	11
2023-06-27	$43.42	$40.00	10.0%	2.9%	10.0%	1.8%	0.0%	2.5%	0.7%	12.5K	-422.1K	-127	0.00	82.56	N/A	N/A	0	0	106	11
2023-06-28	$43.21	$40.00	8.9%	2.5%	10.2%	0.4%	0.0%	0.8%	1.0%	12.1K	-420.5K	-103	0.00	95.04	N/A	N/A	0	0	106	11
2023-06-29	$43.47	$40.00	8.9%	2.6%	10.3%	0.4%	0.0%	2.2%	1.7%	9.2K	-429.9K	-84	0.00	40.40	N/A	N/A	0	0	106	11
2023-06-30	$44.07	$40.00	7.3%	2.1%	11.1%	0.0%	0.0%	1.5%	0.8%	5.1K	-445.7K	-51	1.00	94.91	N/A	N/A	2	2	106	11