OUST Options History — May 2021

In May 2021, OUST traded between $84.70 and $111.60. ATM implied volatility averaged 84.9%. The 30-day expected move averaged 24.0%. IV traded above realized volatility by 5.7% (HV 20d: 79.3%). Max pain ranged from $75.00 to $100.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-05-07: Highest Volume — 597 contracts
  • 2021-05-07: Largest IV drop — 17.0% change
  • 2021-05-04: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.72$84.70$111.60$106.20$110.90
Max Pain$97.50$75.00$100.00$100.00$100.00
ATM IV84.9%68.2%108.6%104.2%69.9%
Expected Move24.0%19.6%31.1%29.9%20.0%
HV 20d79.3%67.8%87.6%80.6%67.8%
Term Structure-1.3%-12.3%3.9%-0.0%-2.3%
VWIV85.4%68.6%110.5%106.5%70.7%
Skew 25d0.6%-10.0%37.1%-3.4%0.3%
Skew 10d25.2%-13.7%85.1%-13.0%81.5%
Call IV 25d87.4%67.8%114.5%108.4%69.0%
Put IV 25d88.0%68.5%112.4%105.0%69.3%
Bid-Ask Spread %22.8710.6746.8013.4110.76
Gamma HHI0.300.200.630.210.35
Net GEX319.1K170.8K832.0K245.5K381.0K
Net DEX-6.9M-13.6M-639.6K-10.4M-11.5M
Net VEX-74.0K-92.4K-52.6K-86.6K-81.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.041.380.140.09
Total Volume217.456359722098
Total OI6,725.94,9407,6416,4775,395

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$106.20$100.00104.2%29.9%80.6%0.0%106.5%-3.4%-0.0%245.5K-10.4M-86.6K0.1413.41N/AN/A194265,3971,080
2021-05-04$106.80$100.00108.6%31.1%78.4%0.0%110.5%-4.4%-12.3%279.3K-11.9M-89.9K0.2217.11N/AN/A159365,5441,060
2021-05-05$110.30$100.0096.4%27.6%76.9%0.0%102.6%-6.5%-0.7%304.1K-13.6M-92.4K0.0915.21N/AN/A338305,5721,078
2021-05-06$106.80$75.0099.1%26.2%77.7%0.0%96.5%-7.4%-6.2%299.7K-10.8M-83.6K0.1146.80N/AN/A296315,7861,075
2021-05-07$103.30$75.0082.3%23.7%76.6%0.0%86.9%-3.6%0.5%292.2K-8.9M-80.6K0.1025.13N/AN/A543545,9171,088
2021-05-10$94.40$100.0093.6%24.8%81.6%0.0%89.3%-8.9%-1.3%244.8K-4.8M-70.9K0.2627.37N/AN/A141366,1261,111
2021-05-11$95.90$100.0098.0%24.9%81.7%0.0%86.7%-5.0%-2.6%263.6K-5.0M-69.4K0.0927.30N/AN/A183166,1851,119
2021-05-12$91.80$100.0091.6%26.3%79.4%0.0%91.5%-10.0%-6.4%229.3K-3.0M-63.2K0.0926.26N/AN/A10096,1871,128
2021-05-13$84.70$100.0084.3%24.2%84.8%0.0%89.5%-2.1%-1.0%170.8K-639.6K-52.6K0.6016.45N/AN/A2011226,2011,128
2021-05-14$90.10$100.0082.3%23.6%85.2%0.0%83.1%-7.1%3.2%231.9K-1.9M-63.3K1.3829.34N/AN/A45626,2981,240
2021-05-17$96.80$100.0083.6%24.0%87.3%0.0%84.5%-0.3%2.2%306.0K-4.2M-71.0K0.1024.91N/AN/A5766,2941,287
2021-05-18$95.40$100.0082.2%23.6%87.6%0.0%83.5%-4.5%3.9%307.3K-3.4M-67.7K0.2714.71N/AN/A65176,3041,284
2021-05-19$95.70$100.0086.2%24.7%83.1%0.0%85.8%-0.3%2.4%327.0K-3.1M-67.1K0.0731.66N/AN/A9666,3171,280
2021-05-20$96.60$100.0081.3%23.3%82.9%0.0%80.9%-2.9%-1.8%391.2K-3.0M-66.2K0.0742.38N/AN/A191136,3481,280
2021-05-21$100.90$100.0076.6%22.0%81.4%0.0%74.9%1.7%-0.4%832.0K-6.5M-71.1K0.2032.97N/AN/A313626,3631,278
2021-05-24$103.00$100.0070.3%20.2%79.1%0.0%72.7%37.1%1.6%253.5K-6.8M-68.1K0.2316.34N/AN/A288664,130810
2021-05-25$104.30$100.0070.5%20.2%72.7%0.0%72.8%26.2%0.2%298.7K-8.0M-75.7K0.0813.13N/AN/A9774,356864
2021-05-26$108.80$100.0069.9%20.0%72.5%0.0%69.7%13.0%-3.5%334.0K-9.8M-78.6K0.0410.67N/AN/A255104,359869
2021-05-27$111.60$100.0068.2%19.6%67.9%0.0%68.6%0.7%-0.9%389.2K-11.5M-81.2K0.0615.47N/AN/A7554,510870
2021-05-28$110.90$100.0069.9%20.0%67.8%0.0%70.7%0.3%-2.3%381.0K-11.5M-81.5K0.0910.76N/AN/A9084,525870