OUST Options History — July 2025

In July 2025, OUST traded between $21.46 and $30.82. ATM implied volatility averaged 109.3%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 33.0%. IV traded below realized volatility by 0.1% (HV 20d: 109.4%). Max pain ranged from $11.00 to $16.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.35.

Notable Days

2025-07-15: Highest Volume — 13,138 contracts
2025-07-10: Largest IV spike — 13.4% change
2025-07-28: Highest IV Rank — 38.8%
2025-07-31: Largest Expected Move — 39.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.36	$21.46	$30.82	$21.88	$23.34
Max Pain	$13.82	$11.00	$16.00	$16.00	$16.00
ATM IV	109.3%	88.4%	121.0%	89.4%	114.7%
Expected Move	33.0%	25.4%	39.0%	25.6%	39.0%
HV 20d	109.4%	99.0%	125.9%	124.7%	99.6%
HV 60d	98.8%	92.9%	104.6%	103.9%	103.7%
IV Rank	32.5%	21.1%	38.8%	21.7%	35.4%
IV Percentile	67.7%	34.5%	83.3%	37.7%	73.8%
Term Structure	-1.5%	-7.0%	9.3%	5.8%	-5.2%
VWIV	117.1%	89.7%	139.4%	90.6%	137.7%
Skew 25d	-4.0%	-13.5%	52.9%	-0.8%	-3.6%
Skew 10d	-5.5%	-13.3%	3.0%	3.0%	-8.6%
Call IV 25d	113.4%	66.5%	126.0%	94.4%	119.9%
Put IV 25d	109.4%	88.8%	119.4%	93.7%	116.3%
Bid-Ask Spread %	28.02	17.33	41.26	38.33	25.77
Gamma HHI	0.09	0.07	0.19	0.09	0.08
Net GEX	678.0K	301.4K	1.5M	506.9K	374.7K
Net DEX	-84.9M	-140.9M	-50.7M	-62.8M	-58.2M
Net VEX	-185.2K	-198.0K	-174.0K	-177.9K	-175.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.14	0.96	0.14	0.22
Total Volume	4,842.136	2,057	13,138	6,869	2,813
Total OI	67,544.045	61,081	77,472	65,383	66,715

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-07-01	$21.88	$16.00	89.4%	25.6%	124.7%	21.7%	90.6%	-0.8%	5.8%	506.9K	-62.8M	-177.9K	0.14	38.33	N/A	N/A	6,027	842	50,249	15,134
2025-07-02	$21.46	$16.00	89.0%	25.4%	125.7%	21.4%	89.7%	-6.4%	6.8%	526.5K	-61.6M	-180.3K	0.39	41.26	N/A	N/A	3,017	1,168	52,564	15,367
2025-07-03	$22.66	$11.00	88.4%	29.4%	125.5%	21.1%	103.4%	-0.6%	4.3%	595.2K	-71.7M	-183.0K	0.14	34.75	N/A	N/A	2,551	370	53,100	15,487
2025-07-07	$22.02	$11.00	97.7%	30.8%	125.9%	26.2%	110.9%	-3.3%	9.3%	661.6K	-67.7M	-178.3K	0.55	36.54	N/A	N/A	1,929	1,061	51,986	14,917
2025-07-08	$23.02	$11.00	99.7%	30.7%	125.3%	27.3%	110.3%	-10.3%	3.0%	754.7K	-76.3M	-185.1K	0.24	35.06	N/A	N/A	1,952	477	52,936	15,632
2025-07-09	$24.43	$11.00	101.4%	31.0%	125.7%	28.2%	108.7%	-5.5%	5.2%	802.4K	-87.8M	-185.8K	0.21	34.79	N/A	N/A	2,985	619	52,898	15,863
2025-07-10	$24.95	$12.00	114.9%	31.6%	125.3%	35.5%	111.3%	-9.0%	-6.4%	839.1K	-92.4M	-188.4K	0.33	38.37	N/A	N/A	1,551	506	53,718	16,066
2025-07-11	$23.20	$12.00	109.5%	30.8%	104.4%	32.6%	108.8%	-9.9%	-3.3%	760.2K	-77.9M	-183.1K	0.37	32.91	N/A	N/A	2,305	853	54,020	16,262
2025-07-14	$24.63	$12.00	111.6%	31.7%	104.6%	33.7%	111.9%	-13.5%	-7.0%	830.5K	-88.5M	-182.1K	0.21	39.07	N/A	N/A	2,728	584	52,932	15,584
2025-07-15	$28.14	$12.00	114.8%	32.7%	106.7%	35.4%	115.7%	-9.8%	-2.9%	907.0K	-118.6M	-178.5K	0.20	21.77	N/A	N/A	10,912	2,226	54,121	15,824
2025-07-16	$28.91	$12.00	114.6%	32.9%	101.8%	35.4%	115.2%	-9.8%	-1.1%	1.1M	-124.5M	-186.1K	0.17	19.57	N/A	N/A	6,414	1,115	55,589	16,861
2025-07-17	$28.63	$12.00	113.2%	32.6%	99.3%	34.6%	114.4%	-8.3%	-3.0%	1.1M	-121.9M	-188.8K	0.49	18.47	N/A	N/A	7,535	3,685	56,272	17,493
2025-07-18	$30.82	$15.00	113.5%	32.9%	99.9%	34.8%	118.8%	-8.8%	-3.3%	1.5M	-140.9M	-195.0K	0.14	18.64	N/A	N/A	5,514	768	57,620	19,852
2025-07-21	$29.46	$15.00	113.9%	33.9%	101.8%	35.0%	118.9%	-7.0%	-4.4%	683.7K	-102.0M	-193.5K	0.96	18.48	N/A	N/A	2,536	2,446	47,203	13,878
2025-07-22	$27.59	$15.00	115.6%	34.3%	99.3%	35.9%	120.7%	-5.5%	-4.4%	525.8K	-85.7M	-195.6K	0.49	19.99	N/A	N/A	4,906	2,412	47,437	15,702
2025-07-23	$26.52	$15.00	114.7%	34.2%	100.7%	35.4%	121.7%	-4.9%	-2.7%	482.7K	-78.7M	-191.7K	0.55	17.33	N/A	N/A	2,058	1,130	48,217	16,646
2025-07-24	$28.38	$16.00	118.2%	36.4%	102.3%	37.3%	125.9%	52.9%	-6.3%	579.4K	-92.4M	-198.0K	0.17	20.94	N/A	N/A	1,929	331	48,756	17,374
2025-07-25	$26.55	$16.00	116.8%	35.8%	102.1%	36.5%	128.3%	-5.0%	-6.6%	345.0K	-77.9M	-192.1K	0.59	19.17	N/A	N/A	1,981	1,164	49,326	17,482
2025-07-28	$25.84	$16.00	121.0%	38.4%	99.9%	38.8%	138.4%	-7.4%	-5.4%	448.0K	-74.1M	-186.3K	0.22	20.27	N/A	N/A	2,181	490	46,381	15,628
2025-07-29	$23.13	$16.00	116.5%	38.0%	107.3%	36.4%	136.1%	-6.3%	-5.1%	371.0K	-56.1M	-175.5K	0.78	23.84	N/A	N/A	2,677	2,077	46,747	15,901
2025-07-30	$22.41	$16.00	115.5%	38.9%	99.0%	35.9%	139.4%	-5.4%	-0.5%	301.4K	-50.7M	-174.0K	0.21	41.16	N/A	N/A	4,709	993	47,283	16,946
2025-07-31	$23.34	$16.00	114.7%	39.0%	99.6%	35.4%	137.7%	-3.6%	-5.2%	374.7K	-58.2M	-175.6K	0.22	25.77	N/A	N/A	2,308	505	49,675	17,040