OUST Options History — November 2023

In November 2023, OUST traded between $3.76 and $5.54. ATM implied volatility averaged 84.0%, placing in the 2.8% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded below realized volatility by 23.2% (HV 20d: 107.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 2.74.

Notable Days

  • 2023-11-15: Highest Volume — 2,078 contracts
  • 2023-11-02: Largest IV spike — 55.3% change
  • 2023-11-07: Highest IV Rank — 7.5%
  • 2023-11-09: Largest Expected Move — 27.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.87$3.76$5.54$3.76$5.13
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV84.0%62.8%118.6%62.8%74.3%
Expected Move23.1%18.0%27.6%18.0%21.3%
HV 20d107.2%69.6%124.7%69.6%123.4%
HV 60d82.2%66.7%89.5%83.4%87.2%
IV Rank2.8%0.0%7.5%0.0%1.5%
IV Percentile15.0%0.0%59.5%0.0%3.2%
Term Structure-0.8%-20.1%37.7%37.7%0.2%
VWIV80.3%68.9%92.9%71.4%80.1%
Skew 25d6.0%-37.6%31.5%-37.6%7.0%
Skew 10d9.1%-60.0%58.5%-60.0%10.9%
Call IV 25d85.7%68.1%137.6%137.6%79.2%
Put IV 25d91.7%78.2%126.3%99.9%86.2%
Bid-Ask Spread %54.226.8982.526.8944.17
Gamma HHI0.410.340.470.350.44
Net GEX4.8K-4.0K21.0K2.0K1.9K
Net DEX-823.5K-1.7M40.0K40.0K-1.0M
Net VEX-4.9K-5.9K-2.9K-2.9K-5.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.740.0140.2040.200.03
Total Volume550.667492,07820680
Total OI10,127.4298,59812,2289,4829,622

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$3.76$5.0062.8%18.0%69.6%0.0%71.4%-37.6%37.7%2.0K40.0K-2.9K40.206.89N/AN/A52016,2033,279
2023-11-02$4.33$5.0097.5%25.6%88.1%4.6%88.6%0.6%-20.1%410-261.4K-3.6K0.1576.35N/AN/A157246,2073,480
2023-11-03$4.63$5.00102.1%25.7%91.4%5.3%89.6%12.4%-3.7%3.6K-590.4K-4.6K0.7149.91N/AN/A2902066,3033,472
2023-11-06$4.54$5.00116.0%26.3%89.1%7.1%0.0%7.6%-5.8%3.5K-497.5K-4.4K0.1175.42N/AN/A140166,4053,505
2023-11-07$4.49$5.00118.6%26.0%81.5%7.5%90.6%9.0%-4.0%3.2K-459.8K-4.2K0.8179.02N/AN/A2482006,3493,504
2023-11-08$4.38$5.0090.8%26.0%81.8%3.8%90.3%11.4%-7.6%2.1K-341.8K-4.2K0.3577.32N/AN/A1,0193606,5703,704
2023-11-09$4.09$5.0096.4%27.6%82.1%4.5%92.9%2.9%-9.2%2.5K-85.6K-4.0K0.0175.21N/AN/A30947,5073,704
2023-11-10$5.04$5.0081.0%23.2%109.7%2.4%81.0%31.5%-2.0%16.8K-1.4M-5.9K0.3212.75N/AN/A8452738,1833,706
2023-11-13$4.71$5.0080.6%23.1%110.7%2.4%80.7%3.5%0.5%11.9K-667.4K-5.1K0.0954.41N/AN/A688627,7723,760
2023-11-14$5.20$5.0081.8%23.5%115.7%2.6%83.1%5.9%-6.2%21.0K-1.7M-5.7K0.4252.17N/AN/A7773308,4343,794
2023-11-15$5.25$5.0079.6%22.8%114.0%2.3%76.0%4.3%-3.3%15.7K-1.6M-5.9K0.0843.53N/AN/A1,9181608,0914,123
2023-11-16$4.97$5.0080.4%23.1%113.7%2.4%80.2%6.9%-0.5%-4.0K-703.8K-5.2K3.3082.52N/AN/A812676,8234,109
2023-11-17$5.54$5.0077.1%22.1%119.0%1.9%77.1%9.7%-1.2%5.3K-1.5M-5.7K0.8466.95N/AN/A6195226,8384,038
2023-11-20$5.33$5.0074.4%21.3%118.9%1.6%74.4%7.1%1.1%2.9K-989.7K-5.2K3.9113.84N/AN/A331295,6292,998
2023-11-21$4.86$5.0068.9%19.7%124.7%0.8%68.9%3.9%5.7%718-660.2K-4.7K0.7252.14N/AN/A2541845,6522,946
2023-11-22$5.05$5.0072.2%20.7%123.0%1.3%72.1%5.6%7.5%1.4K-778.0K-5.2K0.2764.83N/AN/A229615,8623,065
2023-11-24$5.38$5.0078.5%22.5%124.1%2.1%78.5%3.6%-3.7%3.4K-1.1M-5.5K0.0569.17N/AN/A315176,0243,112
2023-11-27$5.22$5.0076.4%21.9%123.3%1.8%75.2%9.6%-0.3%2.2K-1.0M-5.1K0.0343.84N/AN/A24876,0213,108
2023-11-28$5.20$5.0075.3%21.6%123.5%1.7%75.3%9.0%2.9%2.5K-983.7K-5.3K5.1351.71N/AN/A8416,2673,115
2023-11-29$5.19$5.0080.1%23.0%123.6%2.3%80.1%11.9%-4.6%2.4K-966.2K-5.2K0.0346.39N/AN/A23076,2703,122
2023-11-30$5.13$5.0074.3%21.3%123.4%1.5%0.0%7.0%0.2%1.9K-1.0M-5.1K0.0344.17N/AN/A7826,4953,127