OUSA Options History — May 2024

In May 2024, OUSA traded between $46.97 and $49.35. ATM implied volatility averaged 14.6%, placing in the 10.2% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 6.0% (HV 20d: 8.6%). Max pain ranged from $47.00 to $50.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-05-29: Highest Volume — 10 contracts
2024-05-10: Largest IV spike — 73.8% change
2024-05-30: Highest IV Rank — 16.4%
2024-05-30: Largest Expected Move — 5.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.48	$46.97	$49.35	$47.12	$48.46
Max Pain	$49.36	$47.00	$50.00	$49.00	$47.00
ATM IV	14.6%	8.8%	19.9%	10.7%	19.1%
Expected Move	4.5%	2.7%	5.7%	3.1%	5.5%
HV 20d	8.6%	7.3%	10.3%	9.7%	8.8%
HV 60d	9.3%	8.9%	9.8%	9.5%	9.1%
IV Rank	10.2%	3.4%	16.4%	5.6%	15.5%
IV Percentile	59.5%	19.4%	91.7%	34.1%	89.7%
Term Structure	-2.0%	-8.0%	6.9%	6.9%	-2.5%
VWIV	9.9%	9.9%	9.9%	9.9%	9.9%
Skew 25d	1.6%	-6.3%	6.3%	-6.3%	2.3%
Skew 10d	3.0%	-5.8%	13.5%	-3.9%	-0.7%
Call IV 25d	12.4%	7.8%	17.9%	15.7%	15.5%
Put IV 25d	14.0%	7.6%	18.3%	9.4%	17.8%
Bid-Ask Spread %	170.26	166.25	173.96	171.92	172.20
Gamma HHI	0.56	0.36	0.84	0.37	0.48
Net GEX	3.3K	-195	4.8K	2.1K	217
Net DEX	-21.6K	-35.1K	-6.2K	-11.3K	-10.5K
Net VEX	-95	-120	-85	-99	-118
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	0.5	0	10	0	0
Total OI	23.045	22	32	22	32

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	Put Vol	Call OI	Put OI
2024-05-01	$47.12	$49.00	10.7%	3.1%	9.7%	5.6%	0.0%	-6.3%	6.9%	2.1K	-11.3K	-99	171.92	N/A	N/A	0	0	12	10
2024-05-02	$46.97	$49.00	13.1%	3.8%	9.2%	8.4%	0.0%	0.4%	6.5%	1.8K	-10.5K	-101	170.18	N/A	N/A	0	0	12	10
2024-05-03	$47.48	$49.00	9.2%	2.7%	9.8%	3.9%	0.0%	-1.8%	5.4%	2.6K	-13.9K	-95	166.25	N/A	N/A	0	0	12	10
2024-05-06	$47.70	$0.00	9.3%	4.3%	10.0%	3.9%	0.0%	2.6%	-1.9%	2.8K	-15.5K	-95	173.60	N/A	N/A	0	0	12	10
2024-05-07	$48.00	$0.00	8.8%	4.3%	10.3%	3.4%	0.0%	3.7%	-1.4%	3.4K	-17.5K	-91	173.96	N/A	N/A	0	0	12	10
2024-05-08	$48.19	$0.00	8.9%	4.3%	10.0%	3.5%	0.0%	4.7%	-2.1%	3.6K	-20.0K	-93	173.42	N/A	N/A	0	0	12	10
2024-05-09	$48.41	$0.00	9.5%	4.5%	10.0%	4.1%	0.0%	6.0%	-2.4%	4.3K	-21.4K	-90	173.21	N/A	N/A	0	0	12	10
2024-05-10	$48.65	$0.00	16.5%	4.3%	8.0%	12.4%	0.0%	6.3%	-2.1%	4.5K	-23.9K	-91	172.46	N/A	N/A	0	0	12	10
2024-05-13	$48.67	$0.00	13.1%	4.3%	7.4%	8.4%	0.0%	0.4%	-2.5%	4.6K	-23.8K	-89	169.58	N/A	N/A	0	0	12	10
2024-05-14	$48.86	$0.00	14.7%	4.3%	7.4%	10.3%	0.0%	2.4%	-2.3%	4.7K	-25.8K	-87	168.98	N/A	N/A	0	0	12	10
2024-05-15	$49.34	$0.00	16.2%	4.6%	7.6%	12.0%	0.0%	5.5%	-3.0%	4.8K	-31.0K	-85	169.41	N/A	N/A	0	0	12	10
2024-05-16	$49.34	$50.00	16.4%	4.7%	7.6%	12.3%	0.0%	1.8%	-3.1%	4.3K	-32.4K	-89	168.41	N/A	N/A	1	0	13	10
2024-05-17	$49.35	$50.00	16.4%	4.7%	7.5%	12.3%	0.0%	3.0%	-3.1%	4.5K	-35.1K	-100	169.19	N/A	N/A	0	0	14	10
2024-05-20	$49.22	$50.00	16.8%	4.8%	7.6%	12.7%	0.0%	1.5%	-3.6%	3.6K	-28.1K	-97	168.31	N/A	N/A	0	0	12	10
2024-05-21	$49.28	$50.00	17.0%	4.9%	7.3%	13.0%	0.0%	1.7%	-3.3%	3.6K	-28.6K	-96	169.69	N/A	N/A	0	0	12	10
2024-05-22	$49.24	$50.00	17.1%	4.9%	7.3%	13.1%	0.0%	1.8%	-3.7%	3.6K	-28.3K	-95	168.97	N/A	N/A	0	0	12	10
2024-05-23	$48.68	$50.00	15.4%	4.4%	8.3%	11.2%	0.0%	0.1%	-3.3%	3.6K	-24.1K	-91	167.91	N/A	N/A	0	0	12	10
2024-05-24	$48.81	$50.00	16.4%	4.7%	8.2%	12.3%	0.0%	1.2%	-3.8%	3.6K	-25.2K	-89	168.32	N/A	N/A	0	0	12	10
2024-05-28	$48.42	$50.00	17.9%	5.1%	8.8%	14.0%	0.0%	-0.4%	-5.1%	3.4K	-21.9K	-85	168.35	N/A	N/A	0	0	12	10
2024-05-29	$48.15	$50.00	18.9%	5.4%	8.8%	15.2%	9.9%	-3.4%	-4.8%	3.0K	-20.3K	-85	170.35	N/A	N/A	0	10	12	10
2024-05-30	$48.16	$47.00	19.9%	5.7%	8.8%	16.4%	0.0%	1.5%	-8.0%	-195	-6.2K	-120	170.92	N/A	N/A	0	0	12	20
2024-05-31	$48.46	$47.00	19.1%	5.5%	8.8%	15.5%	0.0%	2.3%	-2.5%	217	-10.5K	-118	172.20	N/A	N/A	0	0	12	20