USA Compression Partners, LP (USAC) IV/HV History

Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.

USA Compression Partners, LP (USAC) operates in the Energy sector, specifically the Oil & Gas Equipment & Services industry, with a market capitalization near $3.47B, listed on NYSE, employing roughly 854 people, carrying a beta of 0.18 to the broader market. USA Compression Partners, LP, a growth-oriented Delaware limited partnership that provides natural gas compression services in terms of total compression fleet horsepower. Led by Micah C. Green, public since 2013-01-15.

Snapshot as of May 15, 2026.

Spot Price
$29.91
ATM IV
28.0%
HV 20-Day
28.9%
HV 60-Day
22.8%
IV Rank
5.9%
IV Percentile
48.8%

As of May 15, 2026, USA Compression Partners, LP (USAC) ATM implied volatility is 28.0%. 20-day realized volatility is 28.9%, producing an IV-HV spread of -0.9 vol points. Realized volatility currently exceeds implied, an inversion that can signal a pending IV expansion. IV rank is 5.9%.

How USAC iv/hv history Data Feeds Strategy Selection

Strategy selection on USA Compression Partners, LP options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 28.0% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how implied vs realized volatility is reported and how to read the data →

Frequently asked USAC iv/hv history questions

Is USAC options pricing rich or cheap right now?
As of May 15, 2026, USA Compression Partners, LP (USAC) ATM IV is 28.0% against 20-day realized volatility of 28.9%. IV rank is 5.9%. Realized volatility currently exceeds implied: an inversion of the typical equity volatility risk premium that often precedes IV expansion.
What is the USAC variance risk premium?
The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. USAC is currently pricing inverted to the historical pattern, which is one input to whether short-vol or long-vol structures carry their typical edge.
What does USAC IV rank mean for strategy selection?
IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. USAC's current rank of 5.9% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.