OUST Options History — December 2023

In December 2023, OUST traded between $5.62 and $8.27. ATM implied volatility averaged 85.3%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 22.8%. IV traded below realized volatility by 10.4% (HV 20d: 95.7%). 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 0.45.

Notable Days

  • 2023-12-26: Highest Volume — 5,772 contracts
  • 2023-12-12: Largest IV drop — 40.5% change
  • 2023-12-11: Highest IV Rank — 9.5%
  • 2023-12-26: Largest Expected Move — 26.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.67$5.62$8.27$5.79$7.66
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV85.3%65.4%133.9%65.4%84.3%
Expected Move22.8%18.8%26.3%18.8%24.2%
HV 20d95.7%75.9%121.8%120.9%90.0%
HV 60d92.8%90.5%97.8%90.5%97.7%
IV Rank3.0%0.4%9.5%0.4%2.9%
IV Percentile19.9%0.4%73.8%0.4%21.8%
Term Structure5.5%-0.7%20.8%20.8%11.4%
VWIV80.9%75.2%94.2%79.8%86.4%
Skew 25d-0.1%-16.6%14.9%3.7%-16.2%
Skew 10d27.1%-26.0%86.0%31.8%-22.7%
Call IV 25d79.7%63.8%96.2%77.3%95.9%
Put IV 25d79.6%57.4%94.8%81.0%79.7%
Bid-Ask Spread %42.758.4864.1812.1739.67
Gamma HHI0.610.440.750.510.44
Net GEX31.4K8.5K86.4K8.6K75.0K
Net DEX-3.1M-6.5M-1.6M-1.8M-5.2M
Net VEX-7.4K-12.7K-5.7K-5.7K-12.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.013.130.310.15
Total Volume795.05325,7721,549881
Total OI11,760.259,74916,7209,74916,720

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$5.79$5.0065.4%18.8%120.9%0.4%79.8%3.7%20.8%8.6K-1.8M-5.7K0.3112.17N/AN/A1,1833666,6203,129
2023-12-04$5.97$5.0079.7%22.6%119.5%2.3%81.2%-3.4%1.9%14.1K-2.0M-6.2K0.6834.50N/AN/A139957,2683,211
2023-12-05$5.62$5.0079.9%22.4%121.8%2.3%79.1%14.0%9.1%8.5K-1.6M-5.9K0.1158.11N/AN/A367397,3013,252
2023-12-06$5.72$5.0091.5%22.9%121.5%3.8%79.0%9.2%2.2%10.5K-1.8M-6.1K3.1361.73N/AN/A1354227,5643,292
2023-12-07$5.74$5.0093.6%22.0%120.8%4.1%81.1%-0.4%5.4%14.0K-1.9M-5.9K0.0934.46N/AN/A3537,5803,352
2023-12-08$5.89$5.0099.6%22.7%116.9%4.9%79.4%-1.0%7.7%15.8K-2.0M-6.0K1.6758.40N/AN/A12207,5823,354
2023-12-11$5.84$5.00133.9%22.4%92.9%9.5%75.2%2.9%5.3%15.2K-2.0M-5.8K0.0155.99N/AN/A15427,5823,358
2023-12-12$6.46$5.0079.7%21.5%94.1%2.3%83.0%6.1%3.9%23.8K-2.7M-6.3K0.4535.08N/AN/A5162317,6993,358
2023-12-13$6.70$5.0080.4%23.1%89.2%2.4%78.6%14.9%2.7%26.0K-3.0M-6.5K0.3364.18N/AN/A7082317,8243,436
2023-12-14$6.71$5.0080.3%23.0%89.3%2.3%77.5%8.0%4.9%26.8K-3.0M-7.1K0.3756.64N/AN/A202747,9823,593
2023-12-15$6.79$5.0077.8%22.3%85.7%2.0%77.8%-1.0%5.7%27.7K-3.1M-7.0K0.0957.93N/AN/A277267,9613,636
2023-12-18$6.58$5.0076.6%22.0%79.8%1.9%76.1%4.8%7.8%26.7K-2.7M-6.8K0.5337.27N/AN/A2171167,7672,800
2023-12-19$6.88$5.0075.6%21.7%78.7%1.7%75.4%-6.5%6.9%32.4K-3.2M-7.1K0.128.48N/AN/A260327,9432,870
2023-12-20$6.38$5.0079.1%22.7%75.9%2.2%79.2%-1.4%2.2%25.7K-2.5M-6.8K0.1540.93N/AN/A540818,0332,886
2023-12-21$6.91$5.0078.8%22.6%79.1%2.1%78.8%2.9%2.9%34.0K-3.2M-7.3K0.1736.72N/AN/A287498,0832,918
2023-12-22$7.22$5.0077.5%22.2%77.8%2.0%75.4%-16.6%4.4%39.5K-3.6M-7.3K0.4238.97N/AN/A4992098,1902,927
2023-12-26$8.23$5.0091.9%26.3%86.1%3.9%90.5%-3.5%-0.7%40.9K-5.0M-7.2K0.1039.42N/AN/A5,2615118,3263,034
2023-12-27$8.27$5.0091.4%26.2%85.8%3.8%94.2%-11.2%1.7%75.7K-6.5M-12.6K0.1039.69N/AN/A1,09310612,8073,460
2023-12-28$8.00$5.0088.8%25.5%87.7%3.5%89.8%-7.4%3.8%86.4K-5.6M-12.3K0.1444.70N/AN/A4596312,9763,531
2023-12-29$7.66$5.0084.3%24.2%90.0%2.9%86.4%-16.2%11.4%75.0K-5.2M-12.7K0.1539.67N/AN/A76911213,1263,594