OUST Options History — February 2024

In February 2024, OUST traded between $4.71 and $5.91. ATM implied volatility averaged 92.9%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded above realized volatility by 14.1% (HV 20d: 78.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.73.

Notable Days

  • 2024-02-02: Highest Volume — 1,092 contracts
  • 2024-02-23: Largest IV spike — 12.5% change
  • 2024-02-29: Highest IV Rank — 4.9%
  • 2024-02-29: Largest Expected Move — 28.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.35$4.71$5.91$5.01$5.38
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV92.9%81.0%99.1%89.6%99.1%
Expected Move26.6%23.2%28.4%25.9%28.4%
HV 20d78.8%65.5%88.1%70.0%74.4%
HV 60d86.3%78.0%96.5%95.3%78.0%
IV Rank4.0%2.4%4.9%3.6%4.9%
IV Percentile44.4%15.9%64.7%32.1%64.7%
Term Structure8.6%-44.3%92.9%-0.5%-6.4%
VWIV94.3%71.3%111.1%90.3%71.3%
Skew 25d8.1%-98.0%42.4%6.6%-98.0%
Skew 10d36.7%-108.2%91.2%22.0%-108.2%
Call IV 25d105.1%63.8%220.9%96.5%220.9%
Put IV 25d113.2%85.6%140.7%103.1%122.8%
Bid-Ask Spread %59.7725.5881.6551.2749.18
Gamma HHI0.440.230.830.610.25
Net GEX-5.4K-33.7K6.2K-18.5K5.8K
Net DEX-897.9K-2.0M122.7K-129.5K-1.2M
Net VEX-7.3K-7.9K-6.5K-7.1K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.003.521.150.05
Total Volume341.4341,092644599
Total OI16,8268,22022,60320,9719,501

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$5.01$5.0089.6%25.9%70.0%3.6%90.3%6.6%-0.5%-18.5K-129.5K-7.1K1.1551.27N/AN/A30034415,1795,792
2024-02-02$5.00$5.0089.8%26.6%69.8%3.6%92.8%26.8%-0.4%-21.3K-32.1K-7.4K0.2049.66N/AN/A90718515,2375,964
2024-02-05$4.71$5.0097.8%27.5%71.1%4.7%95.2%13.3%-4.9%-21.9K122.7K-7.3K0.0856.06N/AN/A106816,0596,114
2024-02-06$4.99$5.0098.6%26.4%75.5%4.8%92.3%42.4%-0.2%-23.9K-218.8K-7.6K0.6058.06N/AN/A1498916,0586,120
2024-02-07$4.94$5.0089.8%25.7%71.0%3.6%89.7%42.1%1.1%-29.8K-111.3K-7.6K0.3164.94N/AN/A26816,1926,208
2024-02-08$5.05$5.0085.1%24.4%65.5%3.0%89.3%32.9%2.0%-33.7K-318.0K-7.5K1.6058.57N/AN/A355616,2046,209
2024-02-09$5.36$5.0094.2%27.0%70.4%4.2%93.2%26.4%1.9%-25.3K-844.3K-7.9K0.4356.24N/AN/A1958416,2216,163
2024-02-12$5.81$5.0095.8%27.5%77.4%4.4%102.1%-3.1%-4.0%631-1.7M-7.4K0.9054.87N/AN/A28025116,2746,166
2024-02-13$5.29$5.0096.7%27.7%82.2%4.5%104.4%36.1%-0.0%4.3K-1.3M-6.9K0.2161.90N/AN/A2866016,3296,188
2024-02-14$5.72$5.0092.4%26.5%87.3%4.0%93.6%4.1%2.3%5.9K-1.9M-7.5K0.0472.28N/AN/A5262116,5985,925
2024-02-15$5.91$5.0092.2%26.4%88.1%3.9%95.4%-9.6%74.8%6.2K-2.0M-7.8K0.6272.09N/AN/A17610916,6075,944
2024-02-16$5.75$5.0092.7%26.6%88.0%4.0%94.4%-7.7%92.9%6.2K-1.9M-7.7K2.0381.65N/AN/A377516,6755,928
2024-02-20$5.55$5.0097.2%27.9%87.8%4.6%107.3%25.5%39.1%5.9K-965.8K-7.3K0.3264.47N/AN/A3231045,3662,854
2024-02-21$5.45$5.0090.8%26.0%86.6%3.7%95.4%-5.8%4.3%5.9K-921.9K-7.0K0.4466.20N/AN/A150665,5422,858
2024-02-22$5.46$5.0081.0%23.2%84.6%2.4%77.6%21.7%11.2%4.9K-879.6K-6.9K0.6625.58N/AN/A107715,5462,909
2024-02-23$5.33$5.0091.2%26.1%85.0%3.8%91.5%23.5%-4.4%4.5K-816.5K-7.0K0.5169.64N/AN/A190975,5652,970
2024-02-26$5.50$5.0091.6%26.3%85.3%3.9%111.1%-81.2%3.0%6.2K-1.0M-6.5K3.5251.67N/AN/A602115,6383,066
2024-02-27$5.55$5.0097.6%28.0%81.3%4.7%105.8%41.6%4.2%4.9K-1.0M-7.5K0.0064.48N/AN/A28915,7513,277
2024-02-28$5.31$5.0094.7%27.2%74.8%4.3%94.0%24.2%-44.3%4.9K-904.3K-7.3K0.8966.60N/AN/A1311166,0453,278
2024-02-29$5.38$5.0099.1%28.4%74.4%4.9%71.3%-98.0%-6.4%5.8K-1.2M-7.0K0.0549.18N/AN/A570296,1613,340