OUST Options History — January 2026

In January 2026, OUST traded between $20.63 and $28.14. ATM implied volatility averaged 93.1%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded above realized volatility by 22.8% (HV 20d: 70.3%). Max pain ranged from $15.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.33.

Notable Days

  • 2026-01-08: Highest Volume — 15,669 contracts
  • 2026-01-20: Largest IV spike — 9.0% change
  • 2026-01-20: Highest IV Rank — 29.2%
  • 2026-01-20: Largest Expected Move — 28.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.46$20.63$28.14$23.27$20.63
Max Pain$24.30$15.00$25.00$15.00$25.00
ATM IV93.1%81.3%99.4%81.3%95.5%
Expected Move26.5%23.5%28.5%23.5%24.4%
HV 20d70.3%54.3%88.3%73.3%88.3%
HV 60d84.4%75.5%96.7%96.5%79.0%
IV Rank22.6%10.1%29.2%10.1%25.2%
IV Percentile40.7%6.3%56.0%6.3%50.4%
Term Structure6.0%-5.1%29.5%-0.1%25.2%
VWIV91.0%82.4%97.0%82.4%87.9%
Skew 25d-3.7%-8.1%3.0%-1.1%-2.3%
Skew 10d-3.3%-21.7%9.7%-3.7%4.2%
Call IV 25d94.2%81.6%102.1%81.6%90.2%
Put IV 25d90.5%80.5%97.6%80.5%88.0%
Bid-Ask Spread %50.7335.5071.9771.9767.04
Gamma HHI0.100.070.200.100.07
Net GEX775.3K203.6K1.4M369.1K203.6K
Net DEX-56.3M-107.1M-14.2M-45.8M-14.2M
Net VEX-279.8K-317.0K-228.4K-235.5K-228.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.100.800.370.80
Total Volume5,418.551,77615,6697,2475,231
Total OI68,301.1552,95285,88071,72859,077

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$23.27$15.0081.3%23.5%73.3%10.1%82.4%-1.1%-0.1%369.1K-45.8M-235.5K0.3771.97N/AN/A5,3011,94654,58817,140
2026-01-05$24.75$24.0087.5%26.2%71.2%16.7%91.1%-3.9%4.6%548.8K-52.9M-251.7K0.1070.17N/AN/A9,38292051,51516,575
2026-01-06$25.75$24.0091.2%26.9%71.8%20.5%89.1%-4.7%1.9%1.2M-66.2M-268.0K0.3349.32N/AN/A2,80892158,61517,151
2026-01-07$25.42$24.0090.5%26.3%71.7%19.9%90.7%-7.2%-0.1%1.3M-63.3M-265.7K0.3447.23N/AN/A3,0301,02859,85317,402
2026-01-08$27.42$24.0095.8%27.4%76.5%25.4%95.9%-2.2%-4.3%1.4M-86.1M-281.8K0.2038.30N/AN/A13,0292,64059,47717,460
2026-01-09$28.14$25.0096.2%26.8%76.9%25.8%93.2%-1.6%-0.6%1.4M-107.1M-317.0K0.2035.86N/AN/A7,8351,54867,74618,134
2026-01-12$27.43$25.0094.7%26.7%77.0%24.2%93.7%-8.1%-1.8%928.0K-78.7M-311.3K0.3435.50N/AN/A4,4121,51559,69916,973
2026-01-13$27.43$25.0096.6%26.0%70.0%26.3%92.5%-2.5%-5.1%1.1M-80.9M-310.5K0.2140.72N/AN/A1,82539161,68617,957
2026-01-14$27.56$25.0098.3%26.5%58.0%28.0%92.0%-3.3%-4.5%1.1M-81.0M-310.1K0.2350.04N/AN/A1,63738361,96618,110
2026-01-15$27.68$25.0092.3%26.9%58.0%21.8%93.0%-4.6%2.2%1.1M-82.7M-306.7K0.1343.23N/AN/A7,67699361,64418,296
2026-01-16$26.35$25.0091.2%25.9%54.3%20.6%91.1%-5.5%-1.4%931.9K-68.7M-293.6K0.1843.49N/AN/A4,94188363,46018,684
2026-01-20$24.56$25.0099.4%28.5%61.3%29.2%97.0%-1.3%4.8%475.5K-38.0M-275.7K0.4646.06N/AN/A3,0931,43741,60511,347
2026-01-21$25.11$25.0094.0%27.0%60.5%23.6%94.7%-6.8%2.7%622.0K-41.4M-283.6K0.1947.05N/AN/A2,93956843,54812,437
2026-01-22$27.12$25.0096.2%27.4%65.3%25.9%93.9%0.2%2.8%895.9K-56.7M-301.5K0.6146.47N/AN/A2,9931,83444,26812,803
2026-01-23$24.85$25.0091.9%26.1%73.1%21.3%88.6%-3.9%2.4%745.5K-37.7M-280.0K0.4548.13N/AN/A4,0261,79845,17814,001
2026-01-26$23.88$25.0093.3%27.7%74.8%22.8%88.8%3.0%17.6%307.5K-32.0M-266.8K0.3553.12N/AN/A1,79062741,78913,477
2026-01-27$24.50$25.0092.5%26.9%74.7%21.9%89.8%-5.2%24.1%330.9K-34.1M-274.3K0.3261.19N/AN/A1,83358542,46713,994
2026-01-28$24.00$25.0090.9%26.5%74.3%20.3%86.8%-5.1%20.8%294.0K-31.3M-271.4K0.2363.99N/AN/A2,27851942,78814,381
2026-01-29$23.42$25.0092.1%25.9%75.1%21.5%88.9%-7.0%29.5%334.9K-27.8M-262.1K0.5355.81N/AN/A1,16161544,16514,567
2026-01-30$20.63$25.0095.5%24.4%88.3%25.2%87.9%-2.3%25.2%203.6K-14.2M-228.4K0.8067.04N/AN/A2,9052,32644,36714,710