OUST Options History — May 2022

In May 2022, OUST traded between $21.20 and $34.40. ATM implied volatility averaged 84.5%, placing in the 43.5% IV rank vs the trailing year. The 30-day expected move averaged 24.9%. IV traded above realized volatility by 5.3% (HV 20d: 79.1%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.29.

Notable Days

  • 2022-05-13: Highest Volume — 392 contracts
  • 2022-05-09: Largest IV spike — 23.3% change
  • 2022-05-24: Highest IV Rank — 58.4%
  • 2022-05-24: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.21$21.20$34.40$34.20$21.90
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV84.5%56.3%97.8%97.6%95.9%
Expected Move24.9%22.3%28.0%28.0%27.5%
HV 20d79.1%50.0%93.0%65.9%91.6%
HV 60d81.1%77.2%85.0%77.8%80.8%
IV Rank43.5%12.2%58.4%58.1%56.3%
IV Percentile63.0%1.6%89.7%88.1%86.9%
Term Structure0.0%-33.7%29.6%15.2%-7.7%
VWIV93.1%77.6%144.7%126.6%95.2%
Skew 25d-15.0%-71.0%-3.2%-4.1%-9.6%
Skew 10d-17.2%-79.1%17.5%-4.8%-19.0%
Call IV 25d100.8%85.4%155.2%117.1%93.6%
Put IV 25d85.8%56.5%115.4%113.0%84.0%
Bid-Ask Spread %19.672.8939.104.7712.49
Gamma HHI0.230.190.290.270.23
Net GEX42.4K30.6K70.4K70.4K33.7K
Net DEX-2.9M-4.9M-1.5M-4.8M-2.2M
Net VEX-39.3K-54.1K-27.3K-54.1K-33.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.050.540.500.35
Total Volume152.9054139210953
Total OI6,257.0955,4697,0256,2175,537

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$34.20$25.0097.6%28.0%65.9%58.1%126.6%-4.1%15.2%70.4K-4.8M-54.1K0.504.77N/AN/A73365,757460
2022-05-03$34.40$25.0087.8%25.2%50.9%47.3%144.7%-71.0%-33.7%68.7K-4.9M-53.9K0.272.89N/AN/A106285,776460
2022-05-04$34.20$25.0079.5%22.8%50.0%38.0%123.6%-39.8%21.2%51.1K-4.5M-52.2K0.445.31N/AN/A95425,838463
2022-05-05$30.50$25.0065.1%22.3%59.7%21.9%77.9%-28.9%1.8%46.9K-4.2M-48.2K0.5030.66N/AN/A82415,860484
2022-05-06$30.90$25.0056.3%23.5%60.3%12.2%82.1%-4.9%4.9%47.1K-4.2M-49.6K0.2630.96N/AN/A87235,882484
2022-05-09$27.30$25.0069.4%25.2%70.1%26.8%87.9%-11.5%-2.5%41.0K-3.0M-41.5K0.3124.49N/AN/A58185,887482
2022-05-10$26.10$25.0085.0%22.5%70.5%44.1%78.5%-7.4%3.3%39.4K-2.3M-35.3K0.1527.10N/AN/A258385,905482
2022-05-11$23.70$25.0079.9%22.9%74.7%38.4%79.9%-8.2%1.4%34.3K-2.0M-33.8K0.2522.26N/AN/A149385,976482
2022-05-12$24.70$25.0088.5%25.4%75.3%48.0%88.5%-3.2%-0.0%36.1K-2.1M-34.8K0.1420.77N/AN/A281405,991481
2022-05-13$27.50$25.0095.5%27.4%88.8%55.9%95.6%-6.7%-10.5%41.3K-3.3M-42.4K0.1220.71N/AN/A351416,133481
2022-05-16$25.60$25.0092.1%26.4%89.0%52.0%92.1%-11.2%-4.0%44.7K-3.3M-42.2K0.5220.35N/AN/A79416,326481
2022-05-17$26.20$25.0081.7%23.4%89.4%40.5%82.1%-12.4%3.9%40.3K-2.0M-27.3K0.5439.10N/AN/A75406,350481
2022-05-18$24.80$25.0088.1%25.3%90.3%47.6%88.1%-11.8%-4.7%44.3K-2.9M-39.8K0.2622.42N/AN/A147386,386481
2022-05-19$24.80$25.0089.6%25.7%90.1%49.2%89.6%-11.5%29.6%48.6K-3.1M-40.4K0.1722.92N/AN/A156276,530491
2022-05-20$23.80$25.0086.3%24.7%90.4%45.6%86.3%-10.5%-1.9%37.1K-2.2M-35.6K0.2319.79N/AN/A156356,530495
2022-05-23$23.00$25.0087.6%25.1%89.2%47.0%87.8%-14.8%-4.0%35.7K-2.1M-34.1K0.1019.92N/AN/A169174,991478
2022-05-24$21.30$25.0097.8%28.0%90.6%58.4%97.9%-9.8%-11.5%30.6K-1.5M-29.5K0.1133.58N/AN/A5975,006479
2022-05-25$21.20$25.0090.1%25.8%90.8%49.8%91.2%-17.0%-6.4%31.2K-1.9M-31.7K0.0511.44N/AN/A13665,047480
2022-05-26$21.90$25.0081.6%23.4%91.4%40.3%81.5%-12.2%3.1%34.1K-2.1M-33.5K0.288.04N/AN/A34105,050480
2022-05-27$22.50$25.0078.3%22.5%93.0%36.7%77.6%-8.9%2.6%34.7K-1.8M-31.5K0.5213.11N/AN/A27145,060476
2022-05-31$21.90$25.0095.9%27.5%91.6%56.3%95.2%-9.6%-7.7%33.7K-2.2M-33.2K0.3512.49N/AN/A39145,066471