OUST Options History — March 2022

In March 2022, OUST traded between $29.20 and $47.10. ATM implied volatility averaged 76.6%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 24.1%. IV traded below realized volatility by 6.0% (HV 20d: 82.6%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 1.22.

Notable Days

  • 2022-03-04: Highest Volume — 860 contracts
  • 2022-03-21: Largest IV spike — 67.1% change
  • 2022-03-15: Highest IV Rank — 48.4%
  • 2022-03-08: Largest Expected Move — 39.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.26$29.20$47.10$32.60$45.10
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV76.6%45.4%100.1%78.8%71.0%
Expected Move24.1%16.0%39.1%22.6%21.7%
HV 20d82.6%71.4%95.5%87.7%74.5%
HV 60d77.0%73.1%82.0%73.5%81.7%
IV Rank26.8%0.0%48.4%25.4%25.0%
IV Percentile39.4%0.0%85.2%46.7%21.7%
Term Structure7.5%-12.0%42.2%4.0%2.9%
VWIV93.3%70.9%179.4%77.9%76.5%
Skew 25d-4.3%-27.0%24.3%7.1%-2.9%
Skew 10d-1.9%-53.1%47.1%10.9%-8.6%
Call IV 25d85.1%72.1%94.4%80.2%85.0%
Put IV 25d80.7%54.8%96.3%87.3%82.1%
Bid-Ask Spread %12.735.8939.9110.5530.51
Gamma HHI0.290.220.370.250.36
Net GEX71.5K33.3K141.1K53.9K132.6K
Net DEX-4.9M-9.5M-1.8M-4.1M-8.5M
Net VEX-52.3K-82.3K-21.7K-47.6K-77.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.123.460.221.81
Total Volume279.261118860474140
Total OI5,575.7835,2685,9675,3545,967

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$32.60$25.0078.8%22.6%87.7%25.4%77.9%7.1%4.0%53.9K-4.1M-47.6K0.2210.55N/AN/A390844,919435
2022-03-02$32.40$25.0076.4%21.9%86.6%22.9%78.7%-0.6%5.1%51.7K-3.8M-46.5K0.1810.82N/AN/A456844,929436
2022-03-03$31.20$25.0092.1%26.4%87.3%39.8%86.4%-7.6%2.6%36.1K-1.8M-21.7K0.266.65N/AN/A323844,924436
2022-03-04$29.20$25.0093.9%26.9%88.8%41.7%85.0%-2.6%15.8%43.6K-3.0M-41.3K0.127.03N/AN/A770904,930437
2022-03-07$30.20$25.0072.5%20.8%87.9%18.6%70.9%-3.1%-2.4%47.3K-3.3M-42.0K1.0010.07N/AN/A84844,954449
2022-03-08$30.80$25.0088.0%39.1%88.5%35.3%152.0%-2.6%1.0%46.6K-4.2M-44.3K1.695.89N/AN/A49834,965448
2022-03-09$32.90$25.0096.4%26.9%92.1%44.4%119.3%-3.4%-9.0%56.9K-4.0M-47.3K1.547.66N/AN/A54834,983448
2022-03-10$33.30$25.0097.1%26.6%92.2%45.1%179.4%-2.1%-5.8%37.5K-3.6M-44.5K1.607.47N/AN/A53854,978448
2022-03-11$32.60$25.0060.9%28.7%87.8%6.1%178.3%-6.0%22.4%49.5K-2.6M-34.4K1.9612.61N/AN/A44864,992450
2022-03-14$30.10$25.0087.3%25.1%90.8%34.5%90.6%-3.4%0.5%45.6K-3.2M-41.5K1.9612.38N/AN/A44864,998450
2022-03-15$31.70$25.00100.1%26.7%92.7%48.4%89.4%-3.4%-7.1%35.1K-3.6M-42.3K2.6511.96N/AN/A32865,010450
2022-03-16$34.40$25.0092.9%25.2%95.5%40.6%88.9%-0.8%13.9%33.3K-2.1M-27.9K2.4723.40N/AN/A35865,013450
2022-03-17$35.70$25.0092.2%24.2%78.1%39.8%82.1%4.0%18.0%58.3K-2.7M-30.4K3.4620.90N/AN/A341175,008451
2022-03-18$38.00$25.0045.4%23.8%80.2%0.0%83.1%10.5%42.2%73.4K-5.4M-55.4K1.0939.91N/AN/A79865,007466
2022-03-21$37.10$25.0075.9%16.0%79.9%29.7%77.6%-27.0%-12.0%71.6K-5.0M-53.1K0.1314.52N/AN/A637854,820448
2022-03-22$37.80$25.0047.9%21.5%71.7%2.4%73.2%-18.1%30.3%80.5K-5.6M-62.4K0.1510.69N/AN/A574855,345448
2022-03-23$38.50$25.0056.3%21.0%71.4%10.6%73.3%-16.0%29.8%85.1K-5.9M-64.4K0.3710.13N/AN/A230855,345448
2022-03-24$41.00$25.0068.3%22.7%72.4%22.3%81.1%24.3%-3.0%102.1K-6.9M-70.3K0.858.29N/AN/A112955,446450
2022-03-25$41.00$25.0073.3%22.6%71.8%27.2%77.0%-8.6%-5.6%105.6K-6.6M-68.7K1.917.68N/AN/A48925,462439
2022-03-28$44.20$25.0065.5%22.4%74.3%19.6%78.3%-10.1%11.8%120.7K-8.3M-76.3K0.807.43N/AN/A113905,462441
2022-03-29$47.10$25.0062.7%21.1%74.2%16.9%73.8%-10.1%10.9%137.6K-9.5M-82.3K1.168.81N/AN/A74865,474441
2022-03-30$47.10$25.0067.3%20.7%73.9%21.3%72.4%-16.8%5.2%141.1K-9.2M-80.1K0.787.43N/AN/A116905,503440
2022-03-31$45.10$25.0071.0%21.7%74.5%25.0%76.5%-2.9%2.9%132.6K-8.5M-77.7K1.8130.51N/AN/A50905,525442