OUST Options History — March 2024

In March 2024, OUST traded between $4.67 and $7.88. ATM implied volatility averaged 94.2%, placing in the 4.2% IV rank vs the trailing year. The 30-day expected move averaged 26.6%. IV traded above realized volatility by 24.9% (HV 20d: 69.4%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.74.

Notable Days

  • 2024-03-27: Highest Volume — 7,251 contracts
  • 2024-03-12: Largest IV spike — 46.3% change
  • 2024-03-07: Highest IV Rank — 7.1%
  • 2024-03-07: Largest Expected Move — 28.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.35$4.67$7.88$5.50$7.88
Max Pain$5.05$5.00$6.00$5.00$6.00
ATM IV94.2%73.8%115.5%94.8%85.4%
Expected Move26.6%24.5%28.6%27.2%24.5%
HV 20d69.4%56.4%129.0%72.5%129.0%
HV 60d77.3%68.5%95.9%77.8%95.9%
IV Rank4.2%1.5%7.1%4.3%3.0%
IV Percentile45.6%2.8%81.7%49.2%25.0%
Term Structure0.5%-11.6%12.2%2.5%12.2%
VWIV93.0%84.5%101.6%92.5%87.6%
Skew 25d2.5%-9.6%38.1%23.7%-7.1%
Skew 10d17.2%-22.6%66.1%48.1%-7.2%
Call IV 25d92.8%75.8%100.7%75.8%95.1%
Put IV 25d95.3%83.8%126.0%99.5%88.0%
Bid-Ask Spread %47.2523.0863.2052.0823.08
Gamma HHI0.290.230.430.380.31
Net GEX7.3K-3.3K28.2K6.2K28.2K
Net DEX-1.2M-4.6M-186.4K-1.1M-4.6M
Net VEX-7.4K-10.7K-6.4K-7.6K-10.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.004.660.270.24
Total Volume941307,2512514,484
Total OI10,902.19,90013,98510,03313,985

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$5.50$5.0094.8%27.2%72.5%4.3%92.5%23.7%2.5%6.2K-1.1M-7.6K0.2752.08N/AN/A197546,6663,367
2024-03-04$5.42$5.00111.3%27.4%72.8%6.5%94.8%38.1%-4.3%6.3K-1.1M-7.6K1.0149.74N/AN/A77786,7383,421
2024-03-05$5.13$5.00114.2%27.4%72.3%6.9%97.1%35.1%4.7%4.1K-790.9K-7.2K0.2746.80N/AN/A320856,7863,494
2024-03-06$5.37$5.0099.2%26.5%71.2%4.9%94.3%-4.8%3.6%2.2K-999.9K-7.6K0.0661.49N/AN/A12486,9153,554
2024-03-07$5.38$5.00115.5%28.6%71.1%7.1%101.6%3.6%-1.9%5.0K-1.1M-7.6K1.6463.20N/AN/A55907,0313,555
2024-03-08$5.50$5.0077.4%27.0%71.1%2.0%92.1%-4.8%6.0%3.5K-1.2M-7.5K0.1047.92N/AN/A207217,0833,645
2024-03-11$5.46$5.0073.8%28.6%68.1%1.5%100.0%2.1%1.4%4.2K-1.2M-7.5K0.6755.79N/AN/A18127,2113,652
2024-03-12$5.05$5.00108.0%27.2%66.7%6.1%95.3%-4.9%-0.3%-1.0K-769.4K-7.0K0.8243.77N/AN/A2401987,2233,664
2024-03-13$5.06$5.0094.1%27.0%58.3%4.2%94.8%-1.1%-1.3%-3.3K-806.8K-7.1K0.2155.12N/AN/A114247,4423,846
2024-03-14$4.67$5.0091.0%26.1%56.4%3.8%90.9%2.5%2.6%6.4K-186.4K-6.4K0.5939.90N/AN/A3932317,5333,869
2024-03-15$4.86$5.0090.5%25.9%57.2%3.7%91.3%-2.7%-4.3%8.1K-361.4K-6.8K4.6648.20N/AN/A924297,8593,953
2024-03-18$4.95$5.0091.9%26.3%57.6%3.9%97.8%-9.6%1.3%7.2K-766.0K-7.0K0.1549.43N/AN/A511756,6113,289
2024-03-19$4.96$5.0089.0%25.5%56.8%3.5%90.3%0.3%1.7%7.8K-780.8K-7.0K0.6551.76N/AN/A1751136,9573,362
2024-03-20$5.03$5.0092.2%26.4%57.0%3.9%89.5%-6.8%-3.7%8.0K-902.4K-7.2K0.1353.56N/AN/A87116,9783,394
2024-03-21$5.16$5.0089.9%25.8%57.9%3.6%91.4%-2.9%-1.4%8.6K-981.2K-7.3K0.0050.03N/AN/A33406,9883,385
2024-03-22$4.95$5.0086.7%24.9%59.1%3.2%84.5%-5.6%2.7%8.7K-808.7K-6.8K2.0554.10N/AN/A561157,0413,385
2024-03-25$5.00$5.0096.0%27.5%57.9%4.5%90.3%8.4%-5.5%8.6K-859.2K-6.8K0.0438.29N/AN/A320127,0653,490
2024-03-26$5.01$5.0095.3%27.3%57.7%4.4%93.1%-5.1%-11.6%9.6K-940.4K-6.9K1.0135.18N/AN/A1,0971,1127,2463,507
2024-03-27$6.66$5.0088.0%25.2%116.4%3.4%91.1%-8.5%4.9%17.6K-3.2M-8.7K0.2125.47N/AN/A5,9761,2758,3024,550
2024-03-28$7.88$6.0085.4%24.5%129.0%3.0%87.6%-7.1%12.2%28.2K-4.6M-10.7K0.2423.08N/AN/A3,6178679,0914,894