OUST Options History — July 2023

In July 2023, OUST traded between $4.92 and $6.62. ATM implied volatility averaged 97.3%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded above realized volatility by 13.8% (HV 20d: 83.5%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.98.

Notable Days

  • 2023-07-11: Highest Volume — 606 contracts
  • 2023-07-10: Largest IV spike — 16.4% change
  • 2023-07-11: Highest IV Rank — 6.8%
  • 2023-07-24: Largest Expected Move — 29.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.81$4.92$6.62$5.38$6.21
Max Pain$5.25$5.00$7.50$7.50$5.00
ATM IV97.3%89.8%105.8%98.5%90.2%
Expected Move27.8%25.9%29.7%28.2%25.9%
HV 20d83.5%74.9%91.5%78.7%89.0%
HV 60d119.8%115.6%136.1%136.0%117.3%
IV Rank5.5%4.2%6.8%5.8%4.2%
IV Percentile20.7%10.7%31.3%21.4%10.7%
Term Structure-0.5%-11.3%14.4%-1.6%14.4%
VWIV97.9%92.6%105.9%94.1%97.9%
Skew 25d0.8%-11.5%28.7%28.7%3.7%
Skew 10d7.6%-26.3%43.5%43.5%32.3%
Call IV 25d97.2%73.7%110.7%73.7%100.2%
Put IV 25d98.0%90.0%110.2%102.5%103.9%
Bid-Ask Spread %29.2210.9161.0516.1817.05
Gamma HHI0.450.360.670.570.41
Net GEX-1.1K-8.9K3.6K-6.4K1.3K
Net DEX261.6K-569.9K870.8K642.0K-569.9K
Net VEX-2.9K-3.5K-2.4K-3.5K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.044.601.720.26
Total Volume216.1528606188225
Total OI7,292.153,8709,0408,2364,496

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$5.38$7.5098.5%28.2%78.7%5.8%94.1%28.7%-1.6%-6.4K642.0K-3.5K1.7216.18N/AN/A691194,1554,081
2023-07-05$5.50$7.5098.2%28.2%79.5%5.8%101.9%-9.7%-3.0%-6.8K625.7K-3.5K0.4810.91N/AN/A42204,1534,181
2023-07-06$4.92$5.0096.5%28.2%86.9%5.6%97.6%-2.1%1.2%-8.9K870.8K-2.9K0.2728.30N/AN/A131364,1594,196
2023-07-07$5.16$5.0089.8%28.1%89.6%4.7%98.1%-6.3%0.9%-8.7K768.6K-3.1K4.6057.14N/AN/A5234,2814,219
2023-07-10$5.54$5.00104.5%28.2%91.5%6.6%95.2%-1.0%0.2%-357539.7K-2.4K2.8521.22N/AN/A33944,2544,236
2023-07-11$5.86$5.00105.8%28.3%88.5%6.8%98.6%1.3%0.6%56516.5K-2.5K0.3417.61N/AN/A4531534,2634,316
2023-07-12$5.92$5.0096.0%27.5%87.5%5.5%92.6%8.8%0.3%-4.1K419.7K-3.2K1.5123.57N/AN/A841274,3114,246
2023-07-13$6.25$5.0096.8%27.8%83.6%5.6%98.5%-0.0%2.6%1.5K428.1K-2.8K0.2320.49N/AN/A197454,3504,335
2023-07-14$6.12$5.0097.2%27.9%76.4%5.6%94.3%10.1%-4.5%688458.9K-2.8K0.0722.34N/AN/A384274,4164,345
2023-07-17$6.34$5.00101.8%29.2%76.7%6.3%101.3%-3.8%-6.3%2.3K433.2K-2.7K0.5947.11N/AN/A152904,4704,347
2023-07-18$6.33$5.0097.1%27.8%74.9%5.6%97.0%-1.4%-3.3%2.5K448.8K-2.8K0.7561.05N/AN/A53404,4984,344
2023-07-19$6.62$5.0098.2%28.1%75.9%5.8%99.0%16.2%-5.7%3.6K424.3K-2.9K0.4455.62N/AN/A162724,5044,384
2023-07-20$5.99$5.0099.0%28.4%84.8%5.9%99.7%-1.9%-0.2%1.9K544.7K-2.8K0.5436.16N/AN/A139754,5054,400
2023-07-21$5.78$5.0096.2%27.6%85.9%5.5%105.9%-11.2%-2.4%1.1K536.3K-2.8K0.3742.82N/AN/A126464,5934,447
2023-07-24$5.78$5.00103.5%29.7%85.8%6.0%95.7%2.8%-11.3%1.1K-401.9K-2.8K0.0418.05N/AN/A16662,2371,633
2023-07-25$5.69$5.0092.1%26.4%80.9%4.5%97.5%-9.7%1.9%221-372.4K-2.7K0.0718.80N/AN/A175132,2841,637
2023-07-26$5.66$5.0095.4%27.3%81.0%4.9%95.2%5.3%4.0%233-364.6K-2.7K2.8216.07N/AN/A451272,3201,650
2023-07-27$5.37$5.0091.4%26.2%83.5%4.4%93.2%-11.5%2.2%-2.0K-264.2K-2.6K0.9830.74N/AN/A2302252,3381,777
2023-07-28$5.88$5.0097.1%27.8%89.2%5.1%104.0%-1.5%-0.4%-533-452.0K-3.0K0.6323.24N/AN/A70442,4802,002
2023-07-31$6.21$5.0090.2%25.9%89.0%4.2%97.9%3.7%14.4%1.3K-569.9K-3.0K0.2617.05N/AN/A178472,4502,046