OUST Options History — March 2023

In March 2023, OUST traded between $6.90 and $11.30. ATM implied volatility averaged 196.2%, placing in the 40.0% IV rank vs the trailing year. The 30-day expected move averaged 43.3%. IV traded above realized volatility by 77.2% (HV 20d: 119.1%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.07.

Notable Days

  • 2023-03-31: Highest Volume — 312 contracts
  • 2023-03-21: Largest IV spike — 248.9% change
  • 2023-03-13: Highest IV Rank — 100.0%
  • 2023-03-21: Largest Expected Move — 76.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.17$6.90$11.30$10.80$8.30
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV196.2%76.7%472.8%149.4%189.1%
Expected Move43.3%22.0%76.8%42.8%54.2%
HV 20d119.1%95.4%149.5%149.5%116.1%
HV 60d115.1%112.5%121.6%114.5%119.6%
IV Rank40.0%7.3%100.0%32.7%32.6%
IV Percentile76.0%20.6%100.0%71.8%78.2%
Term Structure-39.8%-75.2%-3.5%-69.5%-60.5%
VWIV152.7%15.0%250.5%141.6%203.7%
Skew 25d-15.6%-57.1%0.3%-4.4%-37.6%
Skew 10d-17.7%-57.1%38.9%-28.6%-37.6%
Call IV 25d118.4%104.9%139.0%108.7%106.6%
Put IV 25d102.8%69.0%127.5%104.3%69.0%
Bid-Ask Spread %35.002.3385.923.925.57
Gamma HHI0.570.261.000.261.00
Net GEX2.9K06.0K6.0K0
Net DEX-183.2K-450.9K51.4K-450.9K40.7K
Net VEX-2.8K-6.0K-39-6.0K-41
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.310.220.01
Total Volume49.304231217312
Total OI3,830.3913,5214,1153,5214,115

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$10.80$25.00149.4%42.8%149.5%32.7%141.6%-4.4%-69.5%6.0K-450.9K-6.0K0.223.92N/AN/A1433,49724
2023-03-02$10.60$25.00143.4%41.1%148.1%30.8%121.2%-4.0%-75.2%5.8K-439.1K-6.0K0.132.53N/AN/A2633,49826
2023-03-03$11.30$25.00152.1%43.6%135.0%33.5%144.0%-2.4%-75.0%5.7K-381.1K-5.3K0.005.38N/AN/A17603,50129
2023-03-06$10.40$25.00192.9%27.5%134.2%46.4%0.0%-16.1%-20.5%5.2K-355.0K-4.9K0.1781.49N/AN/A2543,65029
2023-03-07$10.20$25.00191.9%30.5%132.1%46.0%0.0%-6.5%-21.5%5.2K-381.7K-5.4K0.0482.95N/AN/A303,67433
2023-03-08$10.40$25.00213.1%34.4%131.3%52.7%0.0%-3.3%-3.5%5.0K-319.0K-4.5K0.0083.58N/AN/A503,67633
2023-03-09$10.20$25.00214.3%44.8%131.3%53.1%0.0%-5.4%-4.1%4.8K-308.9K-4.4K0.0085.92N/AN/A203,68033
2023-03-10$9.30$25.00259.9%35.1%131.3%67.4%0.0%0.3%-25.4%4.6K-337.3K-4.7K0.025.81N/AN/A12633,68133
2023-03-13$9.60$25.00372.3%40.5%132.6%100.0%0.0%-8.2%-26.9%4.3K-262.0K-4.3K0.0484.08N/AN/A2913,78935
2023-03-14$8.60$25.00472.8%37.7%128.6%100.0%0.0%-10.5%-30.5%3.8K-252.1K-3.8K0.0581.99N/AN/A2013,81636
2023-03-15$8.80$25.00125.0%35.8%95.4%18.6%0.0%-9.9%-30.9%4.1K-315.2K-4.4K0.0664.96N/AN/A403,82034
2023-03-16$9.80$25.00137.5%39.4%105.3%21.5%0.0%-4.3%-29.0%4.7K-324.3K-4.5K0.0483.80N/AN/A2313,82235
2023-03-17$9.20$25.00132.1%37.9%105.0%20.3%140.5%-7.8%-10.2%4.1K-258.9K-3.9K0.0953.54N/AN/A2423,84436
2023-03-20$8.50$25.0076.7%22.0%106.5%7.3%15.0%-33.7%-37.6%3.2K-168.2K-2.8K0.132.33N/AN/A913,83433
2023-03-21$8.80$25.00267.8%76.8%98.3%52.0%0.0%-3.0%-37.8%030.1K-390.0011.08N/AN/A1403,83934
2023-03-22$8.80$25.00165.4%47.4%97.8%27.7%0.0%-1.0%-39.2%030.1K-390.0510.18N/AN/A2013,85134
2023-03-23$9.10$25.00171.2%49.1%99.2%29.0%205.3%-2.4%-39.6%040.2K-390.187.17N/AN/A2443,86644
2023-03-24$7.90$25.00155.2%44.5%108.5%24.6%250.5%-48.5%-46.3%035.1K-390.314.54N/AN/A96303,89144
2023-03-27$7.30$25.00169.1%48.5%110.6%27.9%0.0%-46.3%-55.7%051.4K-400.006.84N/AN/A5103,92470
2023-03-28$6.90$25.00188.5%54.0%104.8%32.5%0.0%-57.1%-60.7%033.9K-400.1027.27N/AN/A613,97149
2023-03-29$8.00$25.00193.5%55.5%118.3%33.7%0.0%-42.3%-56.7%039.1K-400.005.48N/AN/A5903,97349
2023-03-30$8.10$25.00180.4%51.7%118.7%30.6%0.0%-3.2%-58.8%039.7K-410.004.54N/AN/A1104,06549
2023-03-31$8.30$25.00189.1%54.2%116.1%32.6%203.7%-37.6%-60.5%040.7K-410.015.57N/AN/A30934,06649