OUSA Options History — March 2026

In March 2026, OUSA traded between $54.63 and $59.20. ATM implied volatility averaged 20.1%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 9.0% (HV 20d: 11.1%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days.

Notable Days

  • 2026-03-11: Largest IV drop — 21.0% change
  • 2026-03-30: Highest IV Rank — 29.7%
  • 2026-03-30: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.84$54.63$59.20$59.20$55.73
Max Pain$52.00$52.00$52.00$52.00$52.00
ATM IV20.1%16.9%24.2%18.6%20.6%
Expected Move5.4%4.4%6.9%5.3%5.9%
HV 20d11.1%9.0%15.0%10.3%15.0%
HV 60d10.4%9.3%12.2%9.4%12.2%
IV Rank22.7%17.1%29.7%20.1%23.5%
IV Percentile68.3%44.4%86.9%60.7%71.4%
Term Structure-2.3%-5.4%1.9%-4.4%-4.0%
Skew 25d5.1%1.8%9.5%4.5%6.9%
Skew 10d4.0%-0.8%9.8%2.0%2.5%
Call IV 25d14.2%11.0%18.3%13.5%15.0%
Put IV 25d19.3%16.4%23.9%18.0%22.0%
Bid-Ask Spread %121.0081.80166.70166.7081.80
Gamma HHI1.001.001.001.001.00
Net GEX1172125621140
Net DEX-5.3K-5.9K-4.5K-5.9K-5.3K
Net VEX-2-300-1
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$59.20$0.0018.6%5.3%10.3%20.1%0.0%4.5%-4.4%21-5.9K00.00166.70N/AN/A0010
2026-03-03$58.89$0.0018.7%5.4%9.2%20.3%0.0%5.6%-4.3%25-5.8K00.00160.74N/AN/A0010
2026-03-04$59.13$0.0019.0%5.4%9.3%20.8%0.0%9.5%-4.9%25-5.9K-10.00166.59N/AN/A0010
2026-03-05$58.30$52.0021.0%4.4%9.9%24.1%0.0%5.1%-0.1%43-5.7K-10.00156.45N/AN/A0010
2026-03-06$58.00$52.0021.6%4.5%9.8%25.2%0.0%6.6%1.2%53-5.7K-10.00153.59N/AN/A0010
2026-03-09$58.02$52.0022.4%4.4%9.1%26.6%0.0%6.2%1.4%43-5.7K-10.00150.85N/AN/A0010
2026-03-10$57.92$52.0022.2%4.4%9.0%26.3%0.0%4.6%1.9%60-5.6K-10.00157.14N/AN/A0010
2026-03-11$57.33$52.0017.5%5.0%9.4%18.2%0.0%5.4%-1.0%91-5.5K-20.00160.60N/AN/A0010
2026-03-12$56.75$52.0017.2%0.0%9.8%17.6%0.0%4.9%-0.0%114-5.3K-20.0098.32N/AN/A0010
2026-03-13$0.00$0.0016.9%0.0%9.8%17.1%0.0%0.0%0.0%131-5.2K-30.000.00N/AN/A0000
2026-03-16$56.98$52.0018.4%5.0%9.8%19.7%0.0%5.2%-3.2%93-5.5K-20.0099.91N/AN/A0010
2026-03-17$57.13$52.0018.0%5.0%9.7%19.0%0.0%4.8%-0.0%79-5.5K-10.0099.25N/AN/A0010
2026-03-18$55.89$52.0019.2%5.3%12.0%21.1%0.0%5.1%-3.9%160-5.1K-20.0098.35N/AN/A0010
2026-03-20$55.31$52.0020.1%5.8%12.1%22.6%0.0%2.5%-2.0%202-4.8K-30.0093.51N/AN/A0010
2026-03-23$55.92$52.0021.2%5.4%13.0%24.5%0.0%4.6%-2.8%159-5.1K-20.0095.98N/AN/A0010
2026-03-24$55.53$52.0020.2%5.5%13.1%22.8%0.0%4.0%-3.3%180-5.0K-20.0092.96N/AN/A0010
2026-03-25$55.79$52.0021.3%5.4%12.9%24.7%0.0%8.4%-3.4%165-5.1K-20.0095.59N/AN/A0010
2026-03-26$55.55$52.0021.5%6.2%12.7%25.0%0.0%3.2%-4.2%181-5.0K-20.00102.19N/AN/A0010
2026-03-27$54.63$52.0022.7%6.5%13.2%27.1%0.0%1.8%-4.2%256-4.5K-30.0098.38N/AN/A0010
2026-03-30$54.80$52.0024.2%6.9%13.4%29.7%0.0%3.5%-5.4%244-4.6K-30.0091.17N/AN/A0010
2026-03-31$55.73$52.0020.6%5.9%15.0%23.5%0.0%6.9%-4.0%140-5.3K-10.0081.80N/AN/A0010