OUST Options History — February 2023

In February 2023, OUST traded between $11.00 and $18.30. ATM implied volatility averaged 102.5%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 29.7%. IV traded below realized volatility by 19.5% (HV 20d: 122.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.07.

Notable Days

  • 2023-02-15: Highest Volume — 229 contracts
  • 2023-02-06: Largest IV spike — 48.0% change
  • 2023-02-28: Highest IV Rank — 33.6%
  • 2023-02-28: Largest Expected Move — 43.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.46$11.00$18.30$14.80$11.90
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV102.5%66.1%152.2%116.1%152.2%
Expected Move29.7%18.9%43.6%33.3%43.6%
HV 20d122.0%77.9%150.8%77.9%148.6%
HV 60d104.8%95.8%113.3%97.3%113.3%
IV Rank17.9%6.5%33.6%22.2%33.6%
IV Percentile45.2%14.7%72.2%58.7%72.2%
Term Structure-8.7%-61.0%48.2%1.6%-59.2%
VWIV108.5%66.6%167.1%108.3%167.1%
Skew 25d-7.8%-33.6%8.8%0.9%1.7%
Skew 10d-12.9%-42.6%27.0%-19.7%-26.7%
Call IV 25d105.8%97.1%122.7%97.1%103.2%
Put IV 25d98.1%69.0%110.9%98.0%104.9%
Bid-Ask Spread %29.282.6570.5016.186.59
Gamma HHI0.270.220.430.230.24
Net GEX9.5K5.0K15.5K9.4K7.2K
Net DEX-732.2K-1.3M-255.7K-752.3K-595.1K
Net VEX-8.8K-14.2K-3.7K-9.3K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.520.030.11
Total Volume55.36842293518
Total OI3,756.7893,1994,1563,8953,517

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$14.80$25.00116.1%33.3%77.9%22.2%0.0%0.9%1.6%9.4K-752.3K-9.3K0.0316.18N/AN/A3413,86728
2023-02-02$17.50$25.0094.3%27.4%93.4%15.4%108.3%-12.1%-12.8%13.3K-1.1M-12.0K0.0754.76N/AN/A4633,86428
2023-02-03$18.30$25.0084.6%34.7%85.4%12.3%121.9%-5.0%-25.8%15.5K-1.3M-14.2K0.0152.62N/AN/A6913,86928
2023-02-06$16.70$25.00125.3%35.4%96.2%25.1%123.8%-5.1%-21.8%12.4K-966.9K-11.1K0.003.47N/AN/A1003,86228
2023-02-07$17.30$25.00112.5%27.7%92.5%21.1%0.0%-9.3%41.1%14.0K-1.1M-12.4K0.007.09N/AN/A403,87028
2023-02-08$16.90$25.0071.1%20.4%94.1%8.1%71.2%-10.3%32.0%12.9K-1.0M-11.3K0.005.49N/AN/A503,87428
2023-02-09$15.40$25.0066.1%18.9%102.6%6.5%0.0%-6.5%34.1%10.4K-852.1K-10.6K0.0153.54N/AN/A1603,87428
2023-02-10$15.40$25.0067.0%19.2%101.4%6.8%66.6%-20.3%33.7%9.9K-799.8K-9.7K0.2553.54N/AN/A613,86628
2023-02-13$13.30$25.0095.7%27.4%115.8%15.8%0.0%-7.2%23.8%8.2K-681.9K-8.5K0.075.65N/AN/A4133,87229
2023-02-14$16.50$25.0088.1%25.3%137.8%13.4%0.0%-7.0%48.2%11.3K-635.0K-7.8K0.0170.50N/AN/A12213,90232
2023-02-15$15.20$25.0089.0%25.5%141.7%13.7%103.5%-14.8%29.2%10.5K-877.4K-10.8K0.0056.67N/AN/A22813,96420
2023-02-16$14.20$25.0077.2%22.1%140.3%10.0%70.4%-5.2%-13.4%7.0K-340.2K-4.7K0.5263.88N/AN/A1264,12020
2023-02-17$13.50$25.0093.2%26.7%142.0%15.0%94.8%-5.2%-30.9%8.4K-683.4K-8.1K0.1059.66N/AN/A3744,13125
2023-02-21$11.70$25.00108.1%31.0%150.6%19.7%98.6%-11.2%-42.9%6.9K-562.5K-7.1K0.042.65N/AN/A2013,17623
2023-02-22$11.90$25.00116.3%33.3%150.8%22.3%0.0%-33.6%-44.0%6.1K-373.1K-5.1K0.006.99N/AN/A7003,19122
2023-02-23$11.90$25.00118.8%34.1%150.6%23.1%117.1%8.8%-46.0%5.0K-255.7K-3.7K0.0018.13N/AN/A16303,25022
2023-02-24$11.30$25.00124.7%35.7%150.5%24.9%118.6%-1.6%-51.0%6.6K-576.4K-7.4K0.0013.72N/AN/A9003,39022
2023-02-27$11.00$25.00147.0%42.1%145.6%31.9%148.5%-4.5%-61.0%5.7K-413.1K-5.5K0.135.13N/AN/A3453,45922
2023-02-28$11.90$25.00152.2%43.6%148.6%33.6%167.1%1.7%-59.2%7.2K-595.1K-7.5K0.116.59N/AN/A1623,49225