OUSA Options History — April 2024

In April 2024, OUSA traded between $46.82 and $49.00. ATM implied volatility averaged 16.9%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 7.1% (HV 20d: 9.8%). Max pain ranged from $45.00 to $49.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-04-09: Highest Volume — 3 contracts
2024-04-04: Largest IV spike — 66.7% change
2024-04-08: Highest IV Rank — 24.9%
2024-04-23: Largest Expected Move — 5.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.69	$46.82	$49.00	$49.00	$47.17
Max Pain	$48.45	$45.00	$49.00	$45.00	$49.00
ATM IV	16.9%	8.6%	27.2%	8.6%	11.8%
Expected Move	4.5%	2.5%	5.8%	2.5%	3.4%
HV 20d	9.8%	8.6%	11.0%	9.2%	9.7%
HV 60d	9.4%	8.8%	9.8%	8.8%	9.5%
IV Rank	12.9%	3.1%	24.9%	3.1%	6.9%
IV Percentile	70.8%	17.5%	96.8%	17.5%	41.3%
Term Structure	-0.0%	-8.5%	50.2%	2.7%	3.1%
Skew 25d	2.5%	-6.7%	9.6%	1.9%	-2.3%
Skew 10d	1.0%	-6.2%	7.8%	-1.5%	-1.3%
Call IV 25d	12.4%	6.8%	16.2%	6.8%	12.8%
Put IV 25d	14.9%	7.3%	21.7%	8.8%	10.6%
Bid-Ask Spread %	160.76	123.39	173.49	126.16	145.93
Gamma HHI	0.35	0.28	0.51	0.51	0.33
Net GEX	2.2K	946	3.6K	1.0K	1.6K
Net DEX	-19.0K	-32.4K	-9.7K	-21.1K	-9.7K
Net VEX	-110	-148	-66	-66	-117
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	0.545	0	3	0	0
Total OI	23.182	18	27	18	22

Daily Data (22 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
2024-04-01	$49.00	$45.00	8.6%	2.5%	9.2%	3.1%	0.0%	1.9%	2.7%	1.0K	-21.1K	-66	126.16	N/A	N/A	0	7	11
2024-04-02	$48.68	$45.00	13.7%	3.9%	9.4%	9.1%	0.0%	1.9%	-5.9%	946	-19.5K	-70	123.39	N/A	N/A	2	7	11
2024-04-03	$48.64	$45.00	10.8%	3.1%	8.6%	5.6%	0.0%	-1.2%	4.0%	1.7K	-24.2K	-83	142.61	N/A	N/A	0	9	11
2024-04-04	$48.13	$49.00	17.9%	3.9%	9.1%	14.1%	0.0%	-0.5%	-2.9%	1.8K	-19.0K	-85	165.41	N/A	N/A	0	9	11
2024-04-05	$48.43	$49.00	22.0%	4.4%	9.3%	18.9%	0.0%	3.4%	-3.1%	1.8K	-21.0K	-86	170.33	N/A	N/A	2	9	11
2024-04-08	$48.39	$49.00	27.2%	4.9%	9.2%	24.9%	0.0%	2.9%	-4.4%	3.2K	-25.2K	-70	171.92	N/A	N/A	2	11	11
2024-04-09	$48.30	$49.00	20.6%	4.4%	9.2%	17.3%	0.0%	3.6%	-3.0%	2.8K	-27.9K	-117	170.86	N/A	N/A	3	13	11
2024-04-10	$47.92	$49.00	16.2%	4.6%	9.1%	12.0%	0.0%	3.7%	-3.6%	3.1K	-29.8K	-148	172.71	N/A	N/A	0	16	11
2024-04-11	$48.16	$49.00	15.7%	4.5%	9.4%	11.5%	0.0%	4.7%	-3.2%	3.6K	-32.4K	-139	173.49	N/A	N/A	0	16	11
2024-04-12	$47.40	$49.00	16.6%	4.8%	10.7%	12.5%	0.0%	1.9%	-3.0%	2.8K	-22.5K	-141	172.03	N/A	N/A	0	16	11
2024-04-15	$47.05	$49.00	16.4%	4.7%	11.0%	12.3%	0.0%	0.9%	-5.1%	2.5K	-18.6K	-136	164.68	N/A	N/A	0	16	11
2024-04-16	$47.07	$49.00	18.3%	5.2%	10.7%	14.5%	0.0%	6.1%	-4.9%	2.4K	-19.2K	-140	169.21	N/A	N/A	0	16	11
2024-04-17	$46.92	$49.00	18.1%	5.2%	10.5%	14.3%	0.0%	2.8%	-5.2%	2.3K	-17.6K	-132	166.37	N/A	N/A	0	16	11
2024-04-18	$46.86	$49.00	18.7%	5.4%	10.0%	15.0%	0.0%	4.5%	50.2%	2.5K	-16.4K	-104	168.10	N/A	N/A	2	16	11
2024-04-19	$46.82	$49.00	18.6%	5.3%	9.7%	14.8%	0.0%	3.6%	-3.6%	1.7K	-13.8K	-118	167.54	N/A	N/A	1	14	11
2024-04-22	$47.13	$49.00	18.8%	5.4%	10.1%	15.1%	0.0%	2.9%	-4.5%	1.9K	-12.0K	-112	167.13	N/A	N/A	0	12	10
2024-04-23	$47.50	$49.00	20.4%	5.8%	10.6%	16.9%	0.0%	3.5%	-8.5%	2.2K	-14.3K	-111	168.40	N/A	N/A	0	12	10
2024-04-24	$47.52	$49.00	19.8%	5.7%	10.6%	16.3%	0.0%	3.0%	-3.1%	2.3K	-15.1K	-112	169.84	N/A	N/A	0	12	10
2024-04-25	$47.23	$49.00	14.2%	4.1%	9.9%	9.7%	0.0%	4.9%	1.0%	2.0K	-11.8K	-107	159.38	N/A	N/A	0	12	10
2024-04-26	$47.47	$49.00	18.3%	5.2%	10.0%	14.5%	0.0%	9.6%	-1.1%	2.5K	-14.4K	-110	158.18	N/A	N/A	0	12	10
2024-04-29	$47.45	$49.00	9.6%	2.7%	9.8%	4.3%	0.0%	-6.7%	3.9%	2.5K	-13.3K	-106	143.09	N/A	N/A	0	12	10
2024-04-30	$47.17	$49.00	11.8%	3.4%	9.7%	6.9%	0.0%	-2.3%	3.1%	1.6K	-9.7K	-117	145.93	N/A	N/A	0	12	10