OUST Options History — September 2023

In September 2023, OUST traded between $4.50 and $5.58. ATM implied volatility averaged 84.8%, placing in the 2.5% IV rank vs the trailing year. The 30-day expected move averaged 24.3%. IV traded above realized volatility by 14.8% (HV 20d: 70.0%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 2.16.

Notable Days

  • 2023-09-06: Highest Volume — 792 contracts
  • 2023-09-11: Largest IV spike — 11.2% change
  • 2023-09-26: Highest IV Rank — 3.4%
  • 2023-09-26: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.92$4.50$5.58$5.58$5.01
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV84.8%79.5%91.4%81.4%83.7%
Expected Move24.3%22.8%26.2%23.3%24.0%
HV 20d70.0%47.4%119.0%119.0%48.0%
HV 60d91.2%86.3%96.2%96.2%86.3%
IV Rank2.5%1.8%3.4%2.1%2.4%
IV Percentile8.9%4.4%17.9%4.8%8.3%
Term Structure4.5%-1.7%9.7%2.4%9.7%
VWIV84.8%77.8%91.4%77.8%83.2%
Skew 25d9.9%-29.5%33.0%11.4%29.9%
Skew 10d18.6%-51.2%61.5%42.4%47.4%
Call IV 25d81.5%65.9%106.5%69.8%69.4%
Put IV 25d91.4%75.9%123.5%81.2%99.3%
Bid-Ask Spread %22.505.6749.6440.0213.83
Gamma HHI0.430.360.550.430.40
Net GEX4.7K2.9K6.6K6.5K4.0K
Net DEX-670.6K-1.1M-254.3K-1.1M-760.0K
Net VEX-5.3K-6.0K-4.7K-5.4K-6.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.160.0015.600.100.07
Total Volume273.351579245815
Total OI8,226.67,3519,2627,3688,670

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$5.58$5.0081.4%23.3%119.0%2.1%77.8%11.4%2.4%6.5K-1.1M-5.4K0.1040.02N/AN/A416425,3771,991
2023-09-05$5.38$5.0081.9%24.4%118.7%2.1%86.6%20.0%6.0%4.7K-1.0M-5.3K1.4747.09N/AN/A45665,5412,023
2023-09-06$5.25$5.0079.5%24.5%118.8%1.8%86.5%31.0%2.5%2.9K-918.0K-5.1K0.3947.80N/AN/A5682245,5432,044
2023-09-07$5.13$5.0086.0%23.7%118.5%2.7%84.2%31.9%9.6%6.5K-928.3K-5.2K0.7049.64N/AN/A2191545,9982,251
2023-09-08$5.04$5.0080.7%23.8%118.6%2.0%83.3%-7.0%5.1%6.6K-863.5K-5.2K0.3330.05N/AN/A43146,0572,291
2023-09-11$4.97$5.0089.7%24.3%63.4%3.2%84.9%-10.2%5.4%6.4K-789.1K-5.0K0.9931.37N/AN/A1501496,0822,300
2023-09-12$4.76$5.0090.2%25.0%56.0%3.2%87.0%-25.9%3.1%5.4K-559.2K-4.9K3.9943.52N/AN/A1355386,1132,391
2023-09-13$4.55$5.0087.4%25.1%52.8%2.9%88.2%-28.9%3.4%5.2K-257.0K-4.7K15.6024.05N/AN/A152346,1702,801
2023-09-14$4.63$5.0084.1%24.1%53.8%2.4%84.4%-29.5%5.4%4.7K-254.3K-4.9K1.4123.78N/AN/A2293236,1722,952
2023-09-15$4.74$5.0083.9%24.0%55.1%2.4%83.9%-11.1%3.1%4.3K-319.3K-5.0K1.106.15N/AN/A62686,1653,097
2023-09-18$4.50$5.0083.1%23.8%56.5%2.3%81.7%0.6%1.1%3.2K-509.5K-4.7K1.026.15N/AN/A1931974,8222,529
2023-09-19$4.80$5.0084.9%24.3%62.5%2.5%84.9%23.2%4.5%4.3K-631.6K-5.3K1.0010.21N/AN/A1321324,9722,726
2023-09-20$4.69$5.0083.3%23.9%62.4%2.3%83.3%14.3%7.2%4.4K-534.6K-5.4K0.935.67N/AN/A54505,0882,853
2023-09-21$4.74$5.0079.6%22.8%52.6%1.8%79.7%5.9%8.6%4.1K-570.5K-5.4K0.8814.90N/AN/A1851625,0992,897
2023-09-22$4.81$5.0087.1%25.0%50.0%2.8%87.1%24.9%2.4%3.7K-666.1K-5.5K0.168.82N/AN/A103165,2102,991
2023-09-25$4.86$5.0084.5%24.2%50.2%2.5%84.0%26.2%6.0%4.1K-627.5K-5.8K0.107.75N/AN/A2125,2333,002
2023-09-26$4.79$5.0091.4%26.2%47.4%3.4%91.4%25.7%4.0%4.3K-635.4K-5.7K8.8711.22N/AN/A151335,2443,001
2023-09-27$4.99$5.0085.4%24.5%47.6%2.6%85.0%33.0%2.3%3.6K-675.8K-5.8K4.1813.11N/AN/A22925,2503,128
2023-09-28$5.08$5.0088.8%25.5%48.2%3.1%88.8%32.7%-1.7%4.0K-741.7K-6.0K0.0014.97N/AN/A24905,2713,187
2023-09-29$5.01$5.0083.7%24.0%48.0%2.4%83.2%29.9%9.7%4.0K-760.0K-6.0K0.0713.83N/AN/A1415,4833,187