OUST Options History — January 2022

In January 2022, OUST traded between $30.00 and $54.10. ATM implied volatility averaged 85.2%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 24.5%. IV traded above realized volatility by 33.3% (HV 20d: 51.9%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.06.

Notable Days

  • 2022-01-05: Highest Volume — 2,365 contracts
  • 2022-01-24: Largest IV spike — 65.4% change
  • 2022-01-25: Highest IV Rank — 57.5%
  • 2022-01-25: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.97$30.00$54.10$54.10$34.80
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV85.2%59.4%108.5%87.3%67.4%
Expected Move24.5%17.0%31.1%25.0%19.3%
HV 20d51.9%42.4%75.7%56.3%75.7%
HV 60d65.4%61.0%69.3%65.5%69.3%
IV Rank32.3%4.5%57.5%34.6%13.2%
IV Percentile56.8%0.5%95.1%68.6%5.8%
Term Structure-1.2%-20.4%26.4%-2.0%14.2%
VWIV103.4%80.4%170.6%89.0%86.1%
Skew 25d-12.9%-66.7%56.3%-5.9%-31.8%
Skew 10d-18.4%-78.5%42.7%4.1%-49.2%
Call IV 25d98.6%67.5%157.1%97.7%110.8%
Put IV 25d85.7%59.8%213.3%91.8%79.0%
Bid-Ask Spread %7.362.9821.178.192.98
Gamma HHI0.300.240.330.250.26
Net GEX62.4K35.0K112.0K112.0K47.8K
Net DEX-3.2M-5.7M-928.5K-5.7M-3.1M
Net VEX-41.1K-57.9K-24.6K-40.5K-37.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.020.110.090.06
Total Volume737.55502,365702685
Total OI6,836.95,8777,1725,8777,042

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$54.10$50.0087.3%25.0%56.3%34.6%89.0%-5.9%-2.0%112.0K-5.7M-40.5K0.098.19N/AN/A644585,494383
2022-01-04$51.80$50.0081.2%23.3%57.7%28.0%80.4%24.9%0.9%86.0K-4.3M-35.0K0.068.46N/AN/A676395,501382
2022-01-05$49.10$50.0087.4%25.1%54.6%34.7%87.4%21.9%0.4%77.6K-3.6M-32.3K0.028.40N/AN/A2,327385,519383
2022-01-06$48.10$50.0086.0%25.0%54.6%33.1%89.7%-14.4%-4.5%95.2K-5.4M-57.9K0.034.60N/AN/A1,076376,652384
2022-01-07$46.10$50.0092.1%24.0%53.1%39.8%84.4%-20.3%-2.0%85.4K-4.4M-51.9K0.044.57N/AN/A550216,648388
2022-01-10$43.80$50.0086.2%25.8%53.0%33.4%87.5%-26.8%-8.8%77.3K-3.9M-51.2K0.115.98N/AN/A549586,666388
2022-01-11$44.90$50.0080.5%24.9%53.4%27.2%85.6%-23.4%-9.4%84.1K-4.3M-53.3K0.084.82N/AN/A604496,672408
2022-01-12$43.40$50.0089.6%25.7%53.2%37.1%88.3%-3.5%-10.1%76.9K-3.8M-51.4K0.074.74N/AN/A555416,654411
2022-01-13$41.10$50.0088.1%25.2%50.9%35.4%88.2%-18.3%-6.3%64.3K-3.1M-48.5K0.076.10N/AN/A550366,664411
2022-01-14$40.10$50.0094.6%27.1%50.0%42.5%93.6%-22.4%-15.2%61.1K-3.4M-47.7K0.065.92N/AN/A535346,687413
2022-01-18$37.80$50.00102.3%29.3%50.5%50.7%100.9%-32.2%-20.3%54.9K-3.0M-43.5K0.066.59N/AN/A554326,713410
2022-01-19$37.00$50.0062.1%17.8%48.8%7.4%92.5%-23.8%16.6%51.2K-2.3M-40.2K0.063.65N/AN/A568346,728405
2022-01-20$36.80$50.0064.9%18.6%47.6%10.5%94.4%-27.6%12.6%52.1K-2.2M-38.7K0.063.65N/AN/A539336,757403
2022-01-21$34.90$50.0059.4%17.0%49.1%4.5%159.1%-34.8%26.4%37.5K-928.5K-24.6K0.0611.24N/AN/A566336,770402
2022-01-24$32.90$50.0098.2%28.1%49.1%46.3%120.8%56.3%16.7%38.9K-1.9M-33.4K0.1021.17N/AN/A546566,357273
2022-01-25$31.80$50.00108.5%31.1%46.3%57.5%126.3%-32.5%-20.4%36.2K-1.8M-32.1K0.033.58N/AN/A532186,375292
2022-01-26$30.90$50.0076.1%21.8%46.3%22.6%115.0%-66.7%-11.0%35.0K-2.2M-33.4K0.035.48N/AN/A905256,389292
2022-01-27$30.00$50.0098.0%28.1%46.0%46.1%170.6%5.8%-3.2%36.5K-2.8M-34.1K0.0613.53N/AN/A547326,724267
2022-01-28$30.00$50.0094.0%27.0%42.4%41.9%129.0%18.3%0.8%38.2K-2.7M-34.6K0.0613.55N/AN/A534346,756275
2022-01-31$34.80$50.0067.4%19.3%75.7%13.2%86.1%-31.8%14.2%47.8K-3.1M-37.2K0.062.98N/AN/A645406,763279