OUST Options History — January 2025

In January 2025, OUST traded between $9.48 and $15.22. ATM implied volatility averaged 104.0%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 28.5%. IV traded below realized volatility by 20.0% (HV 20d: 124.0%). Max pain ranged from $8.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.33.

Notable Days

  • 2025-01-03: Highest Volume — 6,103 contracts
  • 2025-01-15: Largest IV drop — 23.7% change
  • 2025-01-14: Highest IV Rank — 45.2%
  • 2025-01-03: Largest Expected Move — 31.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.33$9.48$15.22$12.28$9.95
Max Pain$8.60$8.00$10.00$10.00$9.00
ATM IV104.0%92.1%132.8%110.3%93.3%
Expected Move28.5%26.4%31.7%31.6%26.7%
HV 20d124.0%106.4%141.0%116.7%107.4%
HV 60d113.2%102.9%116.0%102.9%114.7%
IV Rank29.6%23.1%45.2%33.0%23.8%
IV Percentile65.3%46.8%91.3%75.4%50.8%
Term Structure5.3%-9.4%13.9%-9.4%12.5%
VWIV100.4%92.6%110.0%110.0%95.7%
Skew 25d-2.6%-6.3%2.2%-5.3%-2.5%
Skew 10d5.6%-27.9%39.7%-7.1%-27.9%
Call IV 25d102.1%92.3%115.3%114.6%96.8%
Put IV 25d99.6%92.8%109.6%109.3%94.2%
Bid-Ask Spread %45.4517.9961.8825.2355.56
Gamma HHI0.140.120.160.130.16
Net GEX145.5K92.2K242.5K203.8K109.7K
Net DEX-14.6M-30.8M-7.6M-19.4M-9.3M
Net VEX-61.2K-69.8K-54.6K-66.6K-58.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.030.900.600.04
Total Volume2,099.93706,1031,9341,235
Total OI37,626.233,38041,09636,51438,328

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$12.28$10.00110.3%31.6%116.7%33.0%110.0%-5.3%-9.4%203.8K-19.4M-66.6K0.6025.23N/AN/A1,21272229,1147,400
2025-01-03$14.59$10.00110.7%31.7%127.9%33.2%109.8%-5.6%-7.9%224.9K-28.7M-69.8K0.2417.99N/AN/A4,9311,17229,0527,795
2025-01-06$15.22$8.00116.7%29.3%128.0%36.5%103.1%-3.3%2.5%242.5K-30.8M-69.8K0.1034.50N/AN/A5,08748729,3097,869
2025-01-07$14.49$8.00115.0%29.1%122.0%35.6%102.7%-6.0%2.9%235.5K-27.3M-69.4K0.2043.54N/AN/A1,58031229,3378,040
2025-01-08$12.59$8.00110.5%29.2%132.4%33.1%102.9%0.8%3.9%188.4K-19.0M-65.2K0.2834.67N/AN/A3,09786829,2628,280
2025-01-10$11.23$8.00112.8%29.9%139.7%34.3%105.4%-1.2%2.0%153.7K-14.0M-60.6K0.3437.56N/AN/A2,03970230,1108,577
2025-01-13$10.86$8.00125.3%30.3%139.8%41.1%104.5%1.8%1.0%134.0K-12.3M-59.3K0.2035.88N/AN/A1,93238530,6169,049
2025-01-14$10.68$8.00132.8%29.9%139.4%45.2%104.0%-2.7%5.0%132.1K-11.9M-59.2K0.5849.38N/AN/A1,22071331,0719,164
2025-01-15$11.45$8.00101.3%29.0%140.9%28.1%101.2%-2.4%4.0%150.8K-15.1M-61.3K0.0848.36N/AN/A1,85114331,3019,194
2025-01-16$11.29$8.00101.2%29.0%141.0%28.1%101.5%-2.1%3.1%129.5K-14.6M-62.4K0.7643.10N/AN/A37828931,6519,246
2025-01-17$10.66$8.0098.2%28.1%129.0%26.4%97.8%-6.3%5.9%119.1K-12.0M-59.4K0.4641.90N/AN/A78235831,8419,255
2025-01-21$10.50$8.0092.9%26.6%123.7%23.6%95.5%-5.4%9.5%120.2K-10.9M-57.3K0.9051.78N/AN/A85576926,3367,044
2025-01-22$10.79$9.0093.4%26.8%123.1%23.8%93.9%-1.4%8.8%126.6K-11.6M-60.0K0.3051.72N/AN/A1,51745026,7037,562
2025-01-23$10.67$9.0092.1%26.4%114.6%23.1%92.6%1.0%8.4%124.5K-11.6M-61.3K0.2251.23N/AN/A1,36430027,5707,896
2025-01-24$10.57$9.0092.6%26.6%114.5%23.4%95.2%-3.8%10.4%121.7K-11.2M-60.6K0.2351.96N/AN/A1,14426527,6358,175
2025-01-27$9.64$9.0098.1%28.1%115.3%26.4%99.6%2.2%5.2%99.6K-7.8M-54.8K0.5255.81N/AN/A1,29367827,9898,289
2025-01-28$9.71$9.0095.2%27.3%111.2%24.8%100.1%-1.7%9.8%98.7K-8.3M-56.4K0.1056.38N/AN/A4324528,5858,827
2025-01-29$9.48$9.0094.9%27.2%106.4%24.6%97.2%-3.5%13.7%92.2K-7.6M-54.6K0.4360.60N/AN/A25911128,6238,862
2025-01-30$9.88$9.0092.5%26.5%107.7%23.4%95.3%-3.8%13.9%102.9K-8.8M-56.9K0.0361.88N/AN/A9952628,6418,926
2025-01-31$9.95$9.0093.3%26.7%107.4%23.8%95.7%-2.5%12.5%109.7K-9.3M-58.8K0.0455.56N/AN/A1,1855029,3948,934