OUSA Options History — August 2023

In August 2023, OUSA traded between $43.41 and $44.69. ATM implied volatility averaged 13.3%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 4.8% (HV 20d: 8.5%). Max pain ranged from $43.00 to $43.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2023-08-17: Highest Volume — 2 contracts
2023-08-02: Largest IV spike — 235.0% change
2023-08-31: Highest IV Rank — 21.6%
2023-08-31: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.97	$43.41	$44.69	$44.69	$44.29
Max Pain	$43.00	$43.00	$43.00	$43.00	$43.00
ATM IV	13.3%	6.5%	24.4%	6.5%	24.4%
Expected Move	3.9%	1.9%	7.0%	1.9%	7.0%
HV 20d	8.5%	7.6%	9.9%	7.9%	9.5%
HV 60d	9.3%	9.1%	9.5%	9.5%	9.2%
IV Rank	8.5%	0.6%	21.6%	0.6%	21.6%
IV Percentile	25.1%	0.4%	73.0%	0.4%	73.0%
Term Structure	-0.5%	-8.8%	5.7%	1.3%	-8.8%
VWIV	12.2%	11.7%	12.6%	12.6%	11.7%
Skew 25d	2.6%	-5.0%	7.5%	4.0%	2.3%
Skew 10d	2.4%	-7.2%	9.0%	3.7%	3.0%
Call IV 25d	11.1%	5.4%	18.1%	10.8%	18.1%
Put IV 25d	13.7%	7.4%	20.4%	14.8%	20.4%
Bid-Ask Spread %	129.89	54.10	169.27	146.40	168.88
Gamma HHI	0.49	0.26	0.73	0.66	0.44
Net GEX	3.9K	3.0K	4.8K	3.8K	4.6K
Net DEX	-30.0K	-37.8K	-22.6K	-37.3K	-37.8K
Net VEX	-174	-219	-137	-219	-181
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	0.304	0	2	0	0
Total OI	26.304	25	27	25	27

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	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2023-08-01	$44.69	$43.00	6.5%	1.9%	7.9%	0.6%	0.0%	4.0%	1.3%	3.8K	-37.3K	-219	146.40	N/A	N/A	0	22	3
2023-08-02	$44.37	$43.00	21.8%	6.3%	8.3%	18.6%	0.0%	2.4%	-3.2%	3.4K	-36.7K	-215	153.13	N/A	N/A	0	22	3
2023-08-03	$44.25	$0.00	9.4%	3.0%	7.6%	3.9%	0.0%	3.7%	0.3%	3.7K	-27.3K	-171	76.85	N/A	N/A	0	22	3
2023-08-04	$43.84	$0.00	8.8%	2.9%	8.2%	3.3%	0.0%	3.9%	0.6%	3.0K	-22.6K	-155	93.40	N/A	N/A	0	22	3
2023-08-07	$44.19	$0.00	9.3%	2.8%	8.5%	3.8%	0.0%	3.9%	0.8%	3.5K	-26.3K	-164	83.00	N/A	N/A	1	22	3
2023-08-08	$44.12	$0.00	9.4%	2.9%	8.4%	4.0%	0.0%	4.6%	1.3%	4.5K	-28.2K	-159	84.34	N/A	N/A	1	23	3
2023-08-09	$44.08	$0.00	18.5%	5.3%	8.1%	14.7%	0.0%	3.8%	-1.9%	3.6K	-29.1K	-197	157.95	N/A	N/A	0	24	3
2023-08-10	$43.96	$0.00	17.0%	4.9%	8.0%	12.9%	0.0%	1.4%	-3.0%	4.0K	-34.1K	-201	160.19	N/A	N/A	0	24	3
2023-08-11	$44.10	$0.00	10.3%	3.0%	8.0%	5.1%	0.0%	5.7%	0.1%	4.6K	-32.1K	-188	131.24	N/A	N/A	0	24	3
2023-08-14	$44.20	$0.00	7.8%	2.2%	8.1%	2.1%	0.0%	7.5%	4.2%	4.2K	-31.3K	-178	143.02	N/A	N/A	0	24	3
2023-08-15	$43.85	$0.00	14.8%	4.2%	8.3%	10.3%	0.0%	-0.1%	0.1%	3.8K	-29.8K	-191	155.33	N/A	N/A	0	24	3
2023-08-16	$43.75	$0.00	11.0%	3.2%	8.1%	5.9%	0.0%	4.7%	-0.2%	4.4K	-28.0K	-177	77.20	N/A	N/A	0	24	3
2023-08-17	$43.50	$0.00	12.3%	3.5%	8.3%	7.4%	12.6%	3.4%	0.6%	3.4K	-22.7K	-155	54.10	N/A	N/A	2	24	3
2023-08-18	$43.62	$43.00	10.2%	2.9%	8.0%	4.9%	0.0%	3.4%	1.1%	3.5K	-23.7K	-146	108.49	N/A	N/A	0	24	3
2023-08-21	$43.56	$43.00	22.3%	6.4%	7.9%	19.1%	0.0%	4.9%	-2.8%	3.7K	-26.5K	-179	169.27	N/A	N/A	1	23	2
2023-08-22	$43.42	$43.00	11.9%	3.4%	7.8%	6.9%	11.7%	-2.9%	5.7%	4.0K	-27.8K	-171	155.22	N/A	N/A	1	24	2
2023-08-23	$43.87	$43.00	19.9%	5.7%	8.9%	16.3%	0.0%	4.2%	-4.7%	3.9K	-33.5K	-196	166.03	N/A	N/A	0	24	2
2023-08-24	$43.41	$43.00	11.0%	3.2%	9.1%	5.8%	0.0%	1.3%	1.7%	3.4K	-26.2K	-150	137.96	N/A	N/A	1	24	2
2023-08-25	$43.72	$43.00	8.9%	2.5%	9.0%	3.3%	0.0%	2.5%	1.1%	4.4K	-29.7K	-155	134.57	N/A	N/A	0	25	2
2023-08-28	$43.81	$43.00	7.9%	2.3%	9.0%	2.2%	0.0%	0.2%	1.6%	3.9K	-28.3K	-137	130.67	N/A	N/A	0	25	2
2023-08-29	$44.27	$43.00	8.5%	2.4%	9.9%	2.9%	0.0%	-5.0%	1.6%	4.6K	-34.7K	-148	134.94	N/A	N/A	0	25	2
2023-08-30	$44.36	$43.00	23.9%	6.8%	9.6%	21.0%	0.0%	0.8%	-7.9%	4.8K	-35.4K	-168	165.25	N/A	N/A	0	25	2
2023-08-31	$44.29	$43.00	24.4%	7.0%	9.5%	21.6%	0.0%	2.3%	-8.8%	4.6K	-37.8K	-181	168.88	N/A	N/A	0	25	2