OUSA Options History — July 2024

In July 2024, OUSA traded between $49.55 and $51.44. ATM implied volatility averaged 19.7%, placing in the 35.4% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 12.3% (HV 20d: 7.3%). Max pain ranged from $43.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-07-18: Highest Volume — 5 contracts
2024-07-08: Largest IV spike — 50.7% change
2024-07-08: Highest IV Rank — 59.0%
2024-07-31: Largest Expected Move — 7.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.47	$49.55	$51.44	$49.55	$51.09
Max Pain	$49.05	$43.00	$50.00	$43.00	$50.00
ATM IV	19.7%	14.7%	28.8%	18.6%	27.5%
Expected Move	5.3%	4.0%	7.9%	5.3%	7.9%
HV 20d	7.3%	5.8%	10.3%	5.8%	10.3%
HV 60d	7.7%	7.0%	8.2%	8.2%	8.1%
IV Rank	35.4%	22.5%	59.0%	32.7%	55.7%
IV Percentile	80.7%	50.4%	98.8%	85.7%	98.4%
Term Structure	-5.3%	-19.3%	-2.4%	-3.6%	-19.3%
Skew 25d	3.6%	-0.8%	12.6%	0.3%	4.7%
Skew 10d	5.9%	0.2%	18.3%	0.2%	3.7%
Call IV 25d	13.9%	9.1%	26.2%	15.8%	16.1%
Put IV 25d	17.4%	13.5%	28.6%	16.1%	20.7%
Bid-Ask Spread %	168.34	154.28	174.49	156.58	169.46
Gamma HHI	0.81	0.62	1.00	0.89	0.70
Net GEX	3.1K	823	6.6K	4.1K	1.3K
Net DEX	-25.7K	-48.0K	-6.3K	-27.1K	-15.4K
Net VEX	-30	-47	-7	-46	-44
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	0.455	0	5	0	0
Total OI	14.818	3	22	21	5

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
2024-07-01	$49.55	$43.00	18.6%	5.3%	5.8%	32.7%	0.0%	0.3%	-3.6%	4.1K	-27.1K	-46	156.58	N/A	N/A	0	11	10
2024-07-02	$49.73	$43.00	23.2%	6.7%	5.9%	44.6%	0.0%	12.6%	-10.8%	4.1K	-28.7K	-45	154.28	N/A	N/A	0	11	10
2024-07-03	$49.84	$43.00	23.8%	6.8%	5.8%	46.2%	0.0%	3.6%	-8.6%	3.8K	-29.5K	-44	156.29	N/A	N/A	1	11	10
2024-07-05	$50.08	$50.00	19.1%	4.0%	5.8%	34.0%	0.0%	3.9%	-2.4%	5.3K	-34.8K	-47	173.02	N/A	N/A	0	12	10
2024-07-08	$50.06	$50.00	28.8%	4.2%	5.8%	59.0%	0.0%	3.4%	-2.8%	4.4K	-33.9K	-43	173.48	N/A	N/A	0	12	10
2024-07-09	$50.03	$50.00	23.1%	4.2%	5.8%	44.1%	0.0%	2.8%	-3.0%	5.2K	-33.9K	-40	174.49	N/A	N/A	0	12	10
2024-07-10	$50.32	$50.00	15.8%	4.5%	6.1%	25.4%	0.0%	4.7%	-3.5%	5.1K	-36.9K	-38	174.18	N/A	N/A	0	12	10
2024-07-11	$50.45	$50.00	16.4%	4.7%	6.1%	26.9%	0.0%	5.3%	-3.8%	4.9K	-38.1K	-36	173.66	N/A	N/A	0	12	10
2024-07-12	$50.91	$50.00	14.7%	4.2%	6.7%	22.5%	0.0%	2.1%	-3.3%	4.8K	-43.2K	-31	171.12	N/A	N/A	0	12	10
2024-07-15	$50.91	$50.00	15.8%	4.5%	6.4%	25.3%	0.0%	1.8%	-3.7%	4.8K	-43.0K	-25	168.88	N/A	N/A	0	12	10
2024-07-16	$51.44	$50.00	16.7%	4.8%	7.0%	27.7%	0.0%	2.5%	-4.4%	2.3K	-39.8K	-26	168.40	N/A	N/A	0	12	10
2024-07-17	$51.42	$50.00	17.6%	5.0%	6.4%	30.1%	0.0%	2.2%	-5.0%	2.4K	-40.3K	-22	167.26	N/A	N/A	0	12	10
2024-07-18	$50.91	$50.00	17.0%	4.9%	7.5%	28.5%	0.0%	5.9%	-3.5%	6.6K	-48.0K	-13	168.56	N/A	N/A	5	12	10
2024-07-19	$50.62	$50.00	17.1%	4.9%	7.9%	28.8%	0.0%	2.8%	-3.3%	2.7K	-23.4K	-7	168.72	N/A	N/A	2	7	10
2024-07-22	$50.80	$50.00	17.6%	5.1%	8.0%	30.1%	0.0%	2.0%	-4.5%	895	-7.8K	-21	169.15	N/A	N/A	0	3	0
2024-07-23	$50.69	$50.00	17.8%	5.1%	8.0%	30.5%	0.0%	1.9%	-4.3%	895	-7.6K	-21	169.11	N/A	N/A	0	3	0
2024-07-24	$50.06	$50.00	19.2%	5.5%	8.8%	34.2%	0.0%	5.5%	-4.6%	843	-6.5K	-21	169.22	N/A	N/A	0	3	0
2024-07-25	$49.94	$50.00	19.9%	5.7%	8.8%	36.0%	0.0%	3.7%	-5.2%	857	-6.3K	-21	168.86	N/A	N/A	0	3	0
2024-07-26	$50.41	$50.00	21.2%	6.1%	9.4%	39.3%	0.0%	3.8%	-6.0%	883	-7.2K	-21	169.62	N/A	N/A	0	3	0
2024-07-29	$50.60	$50.00	20.2%	5.8%	9.4%	36.8%	0.0%	3.5%	-5.3%	902	-7.5K	-20	169.20	N/A	N/A	0	3	0
2024-07-30	$50.46	$50.00	21.5%	6.2%	9.5%	40.1%	0.0%	-0.8%	-6.3%	823	-7.2K	-20	169.96	N/A	N/A	2	3	0
2024-07-31	$51.09	$50.00	27.5%	7.9%	10.3%	55.7%	0.0%	4.7%	-19.3%	1.3K	-15.4K	-44	169.46	N/A	N/A	0	5	0