OUSA Options History — January 2026

In January 2026, OUSA traded between $57.38 and $58.76. ATM implied volatility averaged 18.6%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 9.6% (HV 20d: 9.0%). Max pain ranged from $54.00 to $54.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2026-01-06: Highest Volume — 5 contracts
  • 2026-01-14: Largest IV drop — 60.2% change
  • 2026-01-13: Highest IV Rank — 48.9%
  • 2026-01-02: Largest Expected Move — 5.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.36$57.38$58.76$57.38$58.64
Max Pain$54.00$54.00$54.00$54.00$54.00
ATM IV18.6%13.9%35.3%20.3%15.7%
Expected Move4.3%3.7%5.8%5.8%4.5%
HV 20d9.0%7.5%10.8%7.9%10.4%
HV 60d9.6%9.1%9.9%9.7%9.5%
IV Rank20.1%12.0%48.9%23.0%15.1%
IV Percentile44.9%6.7%96.8%68.7%29.8%
Term Structure-2.1%-7.6%-0.9%-7.6%-2.5%
Skew 25d3.0%0.4%6.8%0.4%3.5%
Skew 10d7.9%0.7%13.3%0.7%1.5%
Call IV 25d12.4%9.5%23.7%23.7%12.6%
Put IV 25d15.4%12.7%24.1%24.1%16.1%
Bid-Ask Spread %169.52155.15174.12155.15166.57
Gamma HHI0.860.601.000.881.00
Net GEX-167-91393-91346
Net DEX-5.2K-5.7K-2.8K-2.8K-5.7K
Net VEX-4-13-1-13-1
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.250500
Total OI7.05112121

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$57.38$54.0020.3%5.8%7.9%23.0%0.0%0.4%-7.6%-913-2.8K-130.00155.15N/AN/A00111
2026-01-05$57.73$0.0019.3%3.8%7.6%21.2%0.0%4.2%-1.2%-573-4.2K-80.00174.12N/AN/A00111
2026-01-06$58.22$0.0020.1%3.7%8.0%22.7%0.0%5.7%-1.0%-306-5.0K-50.00173.01N/AN/A05111
2026-01-07$57.97$0.0021.6%3.9%7.5%25.3%0.0%3.4%-1.1%-567-4.2K-80.00172.65N/AN/A00111
2026-01-08$58.49$0.0022.3%3.8%8.0%26.4%0.0%6.8%-1.0%-301-5.0K-50.00171.34N/AN/A00111
2026-01-09$58.76$0.0023.4%3.8%7.7%28.2%0.0%1.8%-1.2%-252-5.2K-40.00169.15N/AN/A00111
2026-01-12$58.71$0.0025.8%3.9%7.5%32.4%0.0%2.9%-1.5%-90-5.5K-20.00170.54N/AN/A00111
2026-01-13$58.39$0.0035.3%4.2%7.8%48.9%0.0%1.7%-2.3%-223-5.2K-30.00170.44N/AN/A00111
2026-01-14$58.76$0.0014.1%4.0%7.9%12.2%0.0%3.2%-1.5%-86-5.5K-20.00170.33N/AN/A00111
2026-01-15$58.74$0.0013.9%4.0%7.7%12.0%0.0%1.8%-0.9%-93-5.5K-20.00170.19N/AN/A00111
2026-01-16$58.66$0.0013.9%4.0%7.7%12.0%0.0%2.5%-1.2%-476-4.5K-20.00170.16N/AN/A00111
2026-01-20$57.71$0.0015.6%4.5%9.8%14.9%0.0%1.7%-2.0%93-5.4K-30.00168.16N/AN/A0010
2026-01-21$58.34$0.0015.2%4.4%10.5%14.2%0.0%3.7%-1.8%64-5.6K-20.00168.48N/AN/A0010
2026-01-22$58.35$0.0015.4%4.4%10.5%14.6%0.0%2.4%-1.9%62-5.6K-20.00169.69N/AN/A0010
2026-01-23$58.28$0.0015.5%4.4%10.5%14.8%0.0%4.0%-1.9%63-5.6K-20.00170.88N/AN/A0010
2026-01-26$58.75$0.0015.0%4.3%10.6%13.9%0.0%3.2%-2.1%46-5.7K-10.00169.22N/AN/A0010
2026-01-27$58.52$0.0015.3%4.4%10.7%14.4%0.0%1.8%-2.6%55-5.7K-20.00170.48N/AN/A0010
2026-01-28$58.33$0.0017.3%5.0%10.7%17.9%0.0%2.7%-3.8%60-5.6K-20.00170.81N/AN/A0010
2026-01-29$58.47$0.0017.0%4.9%10.8%17.3%0.0%3.4%-2.6%54-5.7K-20.00168.98N/AN/A0010
2026-01-30$58.64$0.0015.7%4.5%10.4%15.1%0.0%3.5%-2.5%46-5.7K-10.00166.57N/AN/A0010