OUST Options History — August 2023

In August 2023, OUST traded between $5.05 and $7.16. ATM implied volatility averaged 96.8%, placing in the 4.3% IV rank vs the trailing year. The 30-day expected move averaged 27.1%. IV traded below realized volatility by 10.2% (HV 20d: 107.0%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-08-11: Highest Volume — 2,613 contracts
  • 2023-08-09: Largest IV drop — 16.6% change
  • 2023-08-04: Highest IV Rank — 7.7%
  • 2023-08-11: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.85$5.05$7.16$6.12$5.63
Max Pain$5.65$5.00$7.50$5.00$5.00
ATM IV96.8%78.5%122.6%107.9%82.0%
Expected Move27.1%22.5%31.1%30.9%23.5%
HV 20d107.0%70.5%126.0%85.4%119.8%
HV 60d104.9%94.7%117.3%117.3%96.3%
IV Rank4.3%1.7%7.7%6.6%2.1%
IV Percentile19.3%2.8%42.9%33.7%4.8%
Term Structure0.6%-48.3%21.6%-15.2%8.0%
VWIV96.2%77.6%119.3%97.1%82.0%
Skew 25d3.0%-15.4%34.4%8.4%13.4%
Skew 10d33.7%-21.7%108.5%32.3%43.1%
Call IV 25d100.1%58.7%198.6%95.8%67.2%
Put IV 25d103.1%77.8%191.9%104.2%80.7%
Bid-Ask Spread %44.5813.4568.7127.6239.16
Gamma HHI0.500.310.800.410.41
Net GEX4.6K-7.8K24.0K8256.0K
Net DEX-900.9K-1.8M-160.6K-521.9K-1.0M
Net VEX-4.2K-5.5K-2.5K-2.9K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.013.240.910.01
Total Volume409.217652,61365389
Total OI6,185.4354,4948,0474,4947,096

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$6.12$5.00107.9%30.9%85.4%6.6%97.1%8.4%-15.2%825-521.9K-2.9K0.9127.62N/AN/A34312,4652,029
2023-08-02$5.71$5.00103.4%29.6%89.3%6.0%111.1%-11.2%-14.0%-2.3K-365.7K-2.8K0.4147.02N/AN/A2571062,4852,055
2023-08-03$5.78$7.50110.4%29.1%78.6%6.9%102.0%3.9%-0.6%3.1K-572.8K-2.5K0.4468.71N/AN/A66292,6392,121
2023-08-04$5.56$7.50116.2%28.6%78.8%7.7%101.2%-13.2%2.6%-2.7K-388.5K-3.0K2.3864.84N/AN/A26622,6282,148
2023-08-07$5.32$7.50109.3%29.4%76.4%5.8%102.9%25.7%-48.3%-5.8K-299.8K-2.8K3.2459.86N/AN/A632042,6522,202
2023-08-08$5.21$7.50122.6%29.9%73.4%7.6%0.0%-13.1%-0.4%-7.3K-194.7K-2.8K0.1921.67N/AN/A74142,6792,405
2023-08-09$5.05$7.50102.2%29.3%73.7%4.9%102.4%34.4%2.2%-7.8K-160.6K-2.8K0.5760.44N/AN/A97552,7352,399
2023-08-10$5.12$7.50104.4%29.9%70.5%5.2%103.7%31.3%-3.8%-7.3K-187.7K-2.8K0.4262.97N/AN/A3871612,8112,452
2023-08-11$6.69$5.00108.5%31.1%120.9%5.7%119.3%-6.7%21.6%3.2K-971.2K-2.9K0.2553.17N/AN/A2,0935203,1342,604
2023-08-14$7.16$5.00100.5%28.8%122.5%4.6%99.4%2.1%-4.0%24.0K-1.8M-4.9K0.3238.41N/AN/A6672154,4722,565
2023-08-15$6.63$5.00100.8%28.9%126.0%4.7%102.6%-10.2%2.4%9.4K-1.2M-4.6K0.0557.23N/AN/A858474,5812,680
2023-08-16$6.38$5.00100.1%28.7%125.7%4.6%93.3%-15.4%1.7%10.1K-1.4M-5.0K1.3064.55N/AN/A991295,1382,692
2023-08-17$6.17$5.0093.9%26.9%121.0%3.7%98.6%-4.3%-22.8%9.9K-1.3M-4.8K1.2864.12N/AN/A781005,1962,744
2023-08-18$5.98$5.0090.4%25.9%120.8%3.3%101.0%-10.9%7.8%9.1K-1.3M-4.8K0.2644.59N/AN/A3941015,3522,695
2023-08-21$5.79$5.0086.2%24.7%121.4%2.7%93.6%-8.4%9.3%7.9K-1.1M-4.4K0.3350.68N/AN/A3151034,2831,345
2023-08-22$5.63$5.0088.7%25.4%121.7%3.0%93.4%-4.5%6.7%7.8K-1.1M-4.9K0.8923.07N/AN/A3162804,5751,446
2023-08-23$6.12$5.0092.8%26.6%125.3%3.6%96.0%-3.2%7.0%10.5K-1.4M-5.5K0.2120.70N/AN/A286604,7341,727
2023-08-24$5.75$5.0084.1%24.1%125.9%2.4%93.6%-5.1%14.1%8.3K-1.1M-5.3K1.1022.95N/AN/A84924,9131,783
2023-08-25$5.79$5.0084.9%24.3%121.6%2.5%85.0%-1.3%10.3%8.7K-1.2M-5.5K0.4516.76N/AN/A47214,9601,839
2023-08-28$5.49$5.0078.5%22.5%121.1%1.7%77.6%22.3%10.2%5.5K-970.1K-5.0K0.7137.54N/AN/A62444,9971,860
2023-08-29$5.71$5.0080.8%23.2%122.2%2.0%81.1%19.8%8.8%7.2K-1.1M-5.2K0.3713.45N/AN/A162605,0261,901
2023-08-30$5.75$5.0078.5%22.5%119.7%1.7%78.5%16.2%11.5%7.8K-1.1M-5.4K1.3065.82N/AN/A54705,1021,920
2023-08-31$5.63$5.0082.0%23.5%119.8%2.1%82.0%13.4%8.0%6.0K-1.0M-5.2K0.0139.16N/AN/A38545,1081,988