OUST Options History — April 2025

In April 2025, OUST traded between $6.51 and $8.91. ATM implied volatility averaged 115.1%, placing in the 35.6% IV rank vs the trailing year. The 30-day expected move averaged 33.4%. IV traded below realized volatility by 2.3% (HV 20d: 117.4%). Max pain ranged from $9.00 to $9.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2025-04-10: Highest Volume — 2,555 contracts
  • 2025-04-04: Largest IV spike — 18.0% change
  • 2025-04-08: Highest IV Rank — 42.3%
  • 2025-04-10: Largest Expected Move — 36.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.41$6.51$8.91$8.73$7.42
Max Pain$9.00$9.00$9.00$9.00$9.00
ATM IV115.1%86.8%127.5%86.8%121.2%
Expected Move33.4%28.5%36.0%29.0%34.8%
HV 20d117.4%92.9%141.0%116.2%98.2%
HV 60d95.7%91.6%99.6%99.6%96.4%
IV Rank35.6%20.3%42.3%20.3%38.9%
IV Percentile73.3%31.0%87.3%31.0%81.0%
Term Structure-19.5%-70.9%15.1%15.1%-29.4%
VWIV114.7%97.4%123.6%97.4%117.0%
Skew 25d10.2%-0.0%17.5%7.0%10.8%
Skew 10d17.5%-16.5%72.4%20.3%22.0%
Call IV 25d111.3%85.9%119.7%85.9%116.6%
Put IV 25d121.5%92.9%133.8%92.9%127.4%
Bid-Ask Spread %61.1742.5670.6742.5660.11
Gamma HHI0.130.110.430.110.12
Net GEX21.6K-63.9K55.9K44.2K40.5K
Net DEX-1.9M-4.7M1.0M-3.9M-2.9M
Net VEX-45.0K-55.6K-37.4K-53.9K-45.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.121.290.540.12
Total Volume1,112.3332192,555808936
Total OI40,982.1937,20143,52538,86641,183

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$8.73$9.0086.8%29.0%116.2%20.3%97.4%7.0%15.1%44.2K-3.9M-53.9K0.5442.56N/AN/A52528327,49811,368
2025-04-02$8.91$9.0087.9%28.5%114.6%20.9%99.2%3.4%-6.6%48.8K-4.5M-55.6K0.2847.58N/AN/A36810427,40211,468
2025-04-03$8.10$9.0093.0%29.7%118.8%23.6%104.7%-0.0%-7.7%28.7K-2.4M-49.8K1.2951.52N/AN/A50164427,58611,465
2025-04-04$7.29$9.00109.8%33.2%124.4%32.8%113.3%6.5%-15.1%13.3K-324.1K-43.8K0.6166.44N/AN/A1,27378127,81512,009
2025-04-07$7.37$9.00125.6%33.9%123.4%41.3%113.4%11.5%-16.4%12.4K-603.0K-44.7K0.6568.44N/AN/A1,14274228,35312,549
2025-04-08$6.51$9.00127.5%34.4%130.1%42.3%117.5%11.9%-15.2%2.0K1.0M-37.4K0.5553.69N/AN/A1,64690128,96012,879
2025-04-09$7.47$9.00115.7%33.2%138.9%35.9%116.0%11.9%-13.7%13.3K-1.4M-47.6K0.6060.19N/AN/A84250329,79613,106
2025-04-10$6.96$9.00125.4%36.0%141.0%41.2%119.0%10.7%-19.6%12.2K-497.7K-43.2K0.1461.57N/AN/A2,23232330,27713,088
2025-04-11$7.09$9.00124.5%35.7%140.3%40.7%119.3%16.6%-17.0%10.5K-478.6K-43.2K0.9956.92N/AN/A24223929,76213,143
2025-04-14$7.11$9.00119.0%34.1%136.3%37.7%114.4%17.5%-14.1%5.7K-249.9K-41.5K0.2756.09N/AN/A67818629,95013,295
2025-04-15$6.97$9.00120.8%34.6%135.5%38.7%117.5%13.5%-17.6%3.4K-454.0K-40.9K1.0066.31N/AN/A22722830,48613,039
2025-04-16$6.82$9.00123.8%35.5%135.1%40.3%122.1%10.8%-23.9%-1.3K-295.4K-40.2K0.2567.50N/AN/A1874730,66112,794
2025-04-17$6.95$9.00121.7%34.9%135.3%39.2%119.7%10.9%-65.0%-63.9K-1.0M-40.7K0.1670.67N/AN/A82013330,79211,985
2025-04-21$6.73$9.00121.8%34.9%93.8%39.3%121.7%7.8%-14.9%24.4K-1.3M-38.7K0.2865.46N/AN/A1,62044627,3879,814
2025-04-22$6.94$9.00114.3%32.8%92.9%35.2%114.2%11.8%-13.6%28.7K-1.9M-42.6K0.2065.89N/AN/A50410228,84710,224
2025-04-23$7.13$9.00115.1%33.0%94.6%35.6%113.2%10.0%-13.7%33.1K-2.3M-43.5K0.4863.08N/AN/A72834629,29610,339
2025-04-24$7.63$9.00113.2%32.5%98.8%34.6%114.3%13.2%-14.8%45.2K-3.6M-47.7K0.2266.72N/AN/A1,00722029,54110,473
2025-04-25$8.02$9.00111.2%31.9%100.6%33.5%110.2%8.8%-16.2%55.9K-4.7M-50.1K0.1567.14N/AN/A77311929,67510,626
2025-04-28$7.75$9.00117.8%33.8%99.2%37.1%120.0%9.2%-20.0%48.1K-3.8M-48.4K0.7259.80N/AN/A31522729,96110,684
2025-04-29$7.70$9.00121.3%34.8%97.7%39.0%123.6%11.0%-70.9%47.4K-3.8M-47.6K0.3066.96N/AN/A1685130,18410,866
2025-04-30$7.42$9.00121.2%34.8%98.2%38.9%117.0%10.8%-29.4%40.5K-2.9M-45.0K0.1260.11N/AN/A83410230,28910,894