OUST Options History — February 2022

In February 2022, OUST traded between $30.50 and $37.50. ATM implied volatility averaged 83.7%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 24.3%. IV traded below realized volatility by 3.0% (HV 20d: 86.8%). Max pain ranged from $25.00 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.39.

Notable Days

  • 2022-02-16: Highest Volume — 1,871 contracts
  • 2022-02-17: Largest IV spike — 47.0% change
  • 2022-02-18: Highest IV Rank — 59.0%
  • 2022-02-18: Largest Expected Move — 31.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.35$30.50$37.50$36.00$33.70
Max Pain$27.63$25.00$50.00$50.00$25.00
ATM IV83.7%63.4%110.0%94.9%65.4%
Expected Move24.3%18.2%31.5%27.2%18.8%
HV 20d86.8%74.6%102.0%75.5%102.0%
HV 60d68.7%62.5%74.1%69.8%73.4%
IV Rank30.8%8.8%59.0%42.8%11.0%
IV Percentile52.1%2.3%95.9%76.9%4.0%
Term Structure-2.4%-24.7%31.1%-24.7%16.4%
VWIV98.3%75.7%139.8%134.1%83.6%
Skew 25d5.6%-73.3%55.0%48.8%0.0%
Skew 10d-7.4%-84.9%28.3%28.3%4.4%
Call IV 25d88.2%68.5%140.5%87.5%82.8%
Put IV 25d93.7%67.2%140.1%136.3%82.8%
Bid-Ask Spread %14.422.7156.213.258.28
Gamma HHI0.270.240.320.260.27
Net GEX50.6K40.9K65.9K51.4K52.5K
Net DEX-3.4M-5.0M-2.3M-3.8M-3.4M
Net VEX-39.4K-52.3K-22.5K-40.8K-44.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.043.240.050.12
Total Volume6841261,871611822
Total OI7,007.0534,9368,4937,1565,109

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$36.00$50.0094.9%27.2%75.5%42.8%134.1%48.8%-24.7%51.4K-3.8M-40.8K0.053.25N/AN/A584276,874282
2022-02-02$35.60$50.0069.5%19.9%75.0%15.5%139.8%40.6%-7.0%49.0K-3.2M-34.5K0.052.71N/AN/A549266,907281
2022-02-03$34.00$25.0076.2%27.1%74.6%22.6%92.3%-73.3%-9.4%40.9K-2.3M-22.5K0.046.98N/AN/A634246,912281
2022-02-04$35.60$25.0074.4%23.1%78.0%20.6%84.7%55.0%28.4%48.1K-3.1M-32.4K0.049.39N/AN/A558247,006281
2022-02-07$35.20$25.0090.3%22.3%77.3%37.8%78.4%43.1%-4.2%49.9K-3.6M-38.2K0.046.85N/AN/A629247,009281
2022-02-08$34.80$25.0091.3%28.0%76.1%38.9%98.3%-8.7%-12.2%50.3K-3.8M-39.6K0.157.88N/AN/A7021037,084282
2022-02-09$34.70$25.0081.3%23.3%74.9%28.1%95.2%3.3%27.2%49.0K-3.5M-37.8K0.047.78N/AN/A663247,247357
2022-02-10$32.00$25.0082.4%23.6%78.5%29.3%82.6%-4.3%4.1%45.3K-3.4M-38.7K0.1910.67N/AN/A6421257,288360
2022-02-11$30.50$25.0086.1%24.7%78.1%33.3%110.3%2.2%0.8%41.3K-2.5M-34.5K0.1532.46N/AN/A6911067,408464
2022-02-14$30.50$25.0076.4%21.9%78.1%22.9%103.7%-6.1%31.1%41.2K-2.5M-36.7K0.1434.17N/AN/A7741107,565543
2022-02-15$32.10$25.00102.5%29.4%79.4%51.0%119.4%-6.3%-17.1%46.5K-3.4M-42.5K0.1831.34N/AN/A5861057,683549
2022-02-16$37.50$25.0063.4%18.2%98.1%8.8%80.6%1.0%-4.7%62.7K-5.0M-52.3K0.065.68N/AN/A1,7641077,752557
2022-02-17$36.10$25.0093.2%26.7%99.1%40.9%94.6%-0.5%-10.0%54.5K-3.9M-43.3K0.128.00N/AN/A8601047,784558
2022-02-18$37.30$25.00110.0%31.5%97.8%59.0%86.0%3.1%-9.3%65.9K-4.2M-48.2K0.1816.15N/AN/A6021077,937556
2022-02-22$33.90$25.0093.3%26.7%101.7%41.0%96.7%2.5%-13.6%55.3K-3.8M-46.2K3.248.21N/AN/A30964,503433
2022-02-23$33.40$25.0096.3%27.6%101.0%44.3%90.3%-0.3%-11.8%49.0K-3.5M-40.5K1.8456.21N/AN/A52954,507434
2022-02-24$35.20$25.0072.0%20.6%101.8%18.1%120.3%2.3%-14.4%57.6K-3.7M-44.7K0.338.92N/AN/A290954,523435
2022-02-25$34.60$25.0072.4%20.7%101.3%18.5%75.7%3.4%-15.4%51.5K-2.7M-32.0K0.489.13N/AN/A177854,667435
2022-02-28$33.70$25.0065.4%18.8%102.0%11.0%83.6%0.0%16.4%52.5K-3.4M-44.0K0.128.28N/AN/A737854,674435