OUST Options History — May 2025

In May 2025, OUST traded between $7.66 and $12.36. ATM implied volatility averaged 97.2%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 24.6%. IV traded above realized volatility by 10.1% (HV 20d: 87.2%). Max pain ranged from $7.00 to $11.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.24.

Notable Days

  • 2025-05-28: Highest Volume — 11,966 contracts
  • 2025-05-09: Largest IV drop — 48.0% change
  • 2025-05-08: Highest IV Rank — 63.5%
  • 2025-05-02: Largest Expected Move — 36.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.22$7.66$12.36$7.66$12.36
Max Pain$9.14$7.00$11.00$9.00$11.00
ATM IV97.2%71.7%166.4%120.8%85.2%
Expected Move24.6%20.6%36.5%34.6%24.4%
HV 20d87.2%64.8%98.7%98.7%88.8%
HV 60d100.8%95.8%104.2%95.8%101.7%
IV Rank25.9%12.1%63.5%38.7%19.4%
IV Percentile40.2%5.6%97.2%80.6%31.7%
Term Structure-1.0%-29.9%10.0%-23.9%0.2%
VWIV85.9%70.9%125.1%123.3%87.6%
Skew 25d4.0%-3.3%9.3%8.0%3.8%
Skew 10d12.0%-3.0%30.9%16.9%1.3%
Call IV 25d84.3%70.5%122.8%121.6%86.8%
Put IV 25d88.3%73.6%129.6%129.6%90.7%
Bid-Ask Spread %49.1320.2564.2964.2952.32
Gamma HHI0.130.110.220.120.11
Net GEX137.9K49.6K253.4K49.6K253.4K
Net DEX-11.9M-20.3M-3.8M-3.8M-20.3M
Net VEX-60.1K-89.1K-47.3K-47.3K-89.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.050.850.110.05
Total Volume2,821.52435111,9663517,585
Total OI39,175.38126,81646,75141,74340,539

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$7.66$9.00120.8%34.6%98.7%38.7%123.3%8.0%-23.9%49.6K-3.8M-47.3K0.1164.29N/AN/A3163530,82710,916
2025-05-02$8.36$9.00127.3%36.5%98.5%42.2%125.1%6.7%-29.9%71.2K-6.1M-51.9K0.0951.52N/AN/A1,85717430,92310,935
2025-05-05$8.07$8.00137.1%28.2%91.2%47.6%97.3%7.3%-1.9%66.0K-5.0M-48.6K0.2944.76N/AN/A52815331,28711,055
2025-05-06$8.09$8.00148.2%28.7%91.2%53.6%99.4%8.8%-2.3%69.0K-5.4M-49.3K0.3044.54N/AN/A63319131,67911,113
2025-05-07$8.25$7.00151.3%29.3%77.6%55.2%94.2%9.3%-4.2%74.8K-5.7M-49.0K0.2942.84N/AN/A98728532,12911,157
2025-05-08$8.77$7.00166.4%28.4%64.8%63.5%101.3%6.7%-1.9%92.8K-8.0M-53.6K0.4144.72N/AN/A2,34595132,43211,367
2025-05-09$10.52$7.0086.5%22.0%83.5%20.1%80.1%4.3%10.0%161.7K-15.4M-59.1K0.1920.25N/AN/A6,5101,24333,27811,691
2025-05-12$11.37$8.0090.9%21.5%85.9%22.5%73.3%5.6%8.4%180.7K-17.6M-59.5K0.2250.25N/AN/A3,40475332,82711,939
2025-05-13$11.39$8.0087.3%21.1%85.9%20.5%75.9%5.5%9.9%192.0K-17.3M-60.5K0.4646.14N/AN/A1,58373533,21712,453
2025-05-14$11.38$9.0073.9%21.2%84.9%13.3%73.4%4.6%9.7%202.9K-17.3M-61.8K0.3753.52N/AN/A92333933,63212,528
2025-05-15$11.23$10.0073.6%21.1%84.4%13.1%71.2%5.8%-5.6%181.2K-16.6M-60.7K0.0949.89N/AN/A1,17511033,85012,626
2025-05-16$11.13$10.0073.1%20.9%85.2%12.8%70.9%4.4%1.4%180.1K-16.1M-60.9K0.1852.43N/AN/A1,50827934,15912,592
2025-05-19$10.59$10.0071.7%20.6%86.9%12.1%72.6%2.4%2.2%104.2K-10.2M-57.7K0.8549.21N/AN/A65255621,9024,914
2025-05-20$10.34$10.0076.6%22.0%88.4%14.7%77.6%-3.3%2.6%113.7K-10.0M-59.4K0.1346.11N/AN/A1,76123223,9855,396
2025-05-21$9.96$10.0076.8%22.0%90.7%14.8%77.6%0.4%3.0%103.0K-8.9M-57.8K0.4159.40N/AN/A1,24751324,2435,615
2025-05-22$10.43$10.0076.7%22.0%89.3%14.8%80.0%1.3%0.5%116.8K-10.3M-60.4K0.2053.74N/AN/A1,30826224,5905,917
2025-05-23$10.41$10.0076.2%21.9%88.6%14.5%78.0%0.8%1.9%125.9K-10.5M-61.8K0.0553.88N/AN/A1,0014725,5435,977
2025-05-27$10.79$10.0078.4%22.5%87.1%15.7%77.8%3.0%0.4%145.4K-11.8M-63.4K0.1454.86N/AN/A7039826,1176,016
2025-05-28$11.82$10.0083.9%24.0%90.5%18.7%85.4%-2.6%0.1%179.3K-15.6M-69.2K0.1244.82N/AN/A10,7271,23926,3896,032
2025-05-29$11.78$11.0080.4%23.0%88.4%16.8%81.4%0.9%-2.1%232.6K-17.5M-81.4K0.1752.20N/AN/A3,66863632,3946,502
2025-05-30$12.36$11.0085.2%24.4%88.8%19.4%87.6%3.8%0.2%253.4K-20.3M-89.1K0.0552.32N/AN/A7,24633933,7496,790