OUST Options History — May 2023

In May 2023, OUST traded between $3.51 and $7.28. ATM implied volatility averaged 105.1%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 28.7%. IV traded below realized volatility by 32.3% (HV 20d: 137.4%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.42.

Notable Days

  • 2023-05-30: Highest Volume — 928 contracts
  • 2023-05-02: Largest IV spike — 127.2% change
  • 2023-05-02: Highest IV Rank — 14.6%
  • 2023-05-02: Largest Expected Move — 46.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.16$3.51$7.28$3.51$6.70
Max Pain$4.66$2.50$5.00$2.50$5.00
ATM IV105.1%71.3%161.9%71.3%86.8%
Expected Move28.7%20.4%46.4%20.4%24.9%
HV 20d137.4%91.4%163.5%133.8%163.5%
HV 60d134.8%119.5%144.7%127.8%144.7%
IV Rank7.1%2.6%14.6%2.6%4.6%
IV Percentile32.5%12.3%61.9%12.7%19.0%
Term Structure-10.3%-195.8%34.4%17.5%-2.6%
VWIV105.1%66.5%166.2%166.2%77.2%
Skew 25d18.5%0.8%75.3%75.3%0.8%
Skew 10d74.0%10.7%288.1%288.1%31.1%
Call IV 25d85.4%43.6%101.2%43.6%101.2%
Put IV 25d103.9%97.1%119.0%119.0%102.0%
Bid-Ask Spread %41.7415.8284.3322.4219.89
Gamma HHI0.540.270.900.370.59
Net GEX8.2K2840.7K18112.2K
Net DEX-826.0K-9.8M-5.5K-9.2K-740.8K
Net VEX-3.2K-26.3K-273-282-5.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.002.160.000.20
Total Volume301.7731492814558
Total OI3,754.27357625,9195766,312

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$3.51$2.5071.3%20.4%133.8%2.6%0.0%0.0%17.5%181-9.2K-2820.0022.42N/AN/A140300276
2023-05-02$3.55$2.50161.9%46.4%134.0%14.6%166.2%0.0%-195.8%28-5.5K-2731.0338.41N/AN/A6466315476
2023-05-03$3.79$2.5098.9%28.3%138.7%6.2%141.5%0.0%-44.1%317-19.8K-3800.0364.33N/AN/A1083369542
2023-05-04$3.76$5.0071.5%24.2%138.4%2.6%0.0%0.0%-6.1%448-36.4K-4700.0269.47N/AN/A561457546
2023-05-05$4.25$5.00135.8%26.3%148.7%11.1%90.6%0.0%7.5%1.1K-67.2K-5550.0164.50N/AN/A5654488547
2023-05-08$4.46$5.00145.0%25.5%91.6%12.3%89.2%0.0%7.9%3.2K-182.0K-9660.1184.33N/AN/A829922548
2023-05-09$4.33$5.00115.4%26.6%91.8%8.4%149.7%0.0%1.4%3.3K-160.1K-9660.2062.86N/AN/A14329960556
2023-05-10$4.19$5.00110.2%31.6%91.4%7.7%110.1%0.0%-16.0%1.2K-115.8K-8860.0955.16N/AN/A116101,095578
2023-05-11$3.79$5.0079.1%22.7%97.4%3.6%66.5%0.0%34.4%543-76.9K-7530.4076.72N/AN/A2671081,119580
2023-05-12$4.91$5.0092.3%26.5%133.8%5.4%88.7%0.0%7.7%11.2K-313.3K-1.2K0.3043.08N/AN/A3991211,288633
2023-05-15$5.83$5.00104.4%29.9%146.0%7.0%109.0%0.0%3.3%7.4K-602.6K-1.2K0.0937.19N/AN/A637551,452750
2023-05-16$5.87$5.00103.5%29.7%144.2%6.8%87.7%0.0%-10.6%15.6K-1.6M-9.1K0.1232.07N/AN/A147185,732800
2023-05-17$5.69$5.0097.2%27.9%143.2%6.0%96.5%0.0%1.0%4.3K-625.8K-1.5K2.1631.14N/AN/A491061,769805
2023-05-18$5.46$5.00101.7%29.2%144.7%6.6%101.4%0.0%2.2%3.8K-578.8K-1.5K1.3321.18N/AN/A9121,775846
2023-05-19$5.07$5.0092.4%26.5%144.8%5.4%96.3%0.0%-0.1%40.7K-427.8K-1.4K0.4339.15N/AN/A2561091,765887
2023-05-22$6.33$5.00109.2%31.3%161.9%7.6%105.4%0.0%-2.6%5.0K-479.2K-1.7K0.1131.34N/AN/A372401,325793
2023-05-23$6.43$5.00105.8%30.3%151.0%7.1%99.7%0.0%-7.1%7.6K-640.0K-2.0K0.6032.97N/AN/A142851,709831
2023-05-24$5.93$5.00108.1%31.0%155.6%7.5%109.4%75.3%-0.4%37.5K-9.8M-26.3K0.8215.82N/AN/A23919724,7061,213
2023-05-25$6.02$5.00111.3%31.9%155.6%7.9%99.3%4.7%-9.0%7.0K-311.9K-4.4K0.6530.97N/AN/A2351523,1042,256
2023-05-26$6.41$5.00105.3%30.2%155.0%7.1%104.7%4.0%-8.5%7.5K-460.9K-4.6K0.4723.12N/AN/A87413,1292,403
2023-05-30$7.28$5.00105.4%30.2%158.1%7.1%112.9%7.7%-5.6%10.0K-957.7K-5.0K0.0222.22N/AN/A912163,1932,444
2023-05-31$6.70$5.0086.8%24.9%163.5%4.6%77.2%0.8%-2.6%12.2K-740.8K-5.1K0.2019.89N/AN/A464943,8542,458