USAR Options History — April 2025

In April 2025, USAR traded between $10.48 and $13.10. ATM implied volatility averaged 162.1%. The 30-day expected move averaged 46.5%. Max pain ranged from $11.00 to $11.00. Net GEX was positive for 5 of 5 trading days. Term structure was in contango for 0 of 5 days. Put/call ratio averaged 0.31.

Notable Days

  • 2025-04-30: Highest Volume — 15,435 contracts
  • 2025-04-25: Largest IV drop — 2.0% change
  • 2025-04-24: Largest Expected Move — 48.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.29$10.48$13.10$13.10$10.48
Max Pain$11.00$11.00$11.00$11.00$11.00
ATM IV162.1%158.5%167.3%167.3%160.0%
Expected Move46.5%45.4%48.0%48.0%45.9%
Term Structure-19.4%-27.5%-12.5%-21.2%-12.5%
VWIV163.6%157.9%170.2%170.2%161.5%
Skew 25d9.4%1.2%17.9%4.7%14.7%
Skew 10d-0.8%-5.2%9.0%9.0%-3.9%
Call IV 25d162.5%153.0%170.1%170.1%163.9%
Put IV 25d171.8%166.5%178.6%174.8%178.6%
Bid-Ask Spread %59.9957.8163.3458.5063.34
Gamma HHI0.100.090.110.100.11
Net GEX171.3K20.1K264.5K233.1K20.1K
Net DEX-13.0M-18.1M-2.5M-16.6M-2.5M
Net VEX-70.5K-76.5K-62.1K-68.0K-62.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.060.780.780.19
Total Volume8,153.22,45115,43514,95415,435
Total OI74,646.465,04378,61565,04378,615

Daily Data (5 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-24$13.10$11.00167.3%48.0%0.0%0.0%170.2%4.7%-21.2%233.1K-16.6M-68.0K0.7858.508,3936,56143,95321,090
2025-04-25$12.04$11.00164.0%47.0%0.0%0.0%165.4%1.2%-27.5%131.6K-11.4M-76.5K0.3157.811,86958248,29927,419
2025-04-28$12.90$11.00160.9%46.1%0.0%0.0%157.9%17.9%-17.5%207.2K-16.5M-72.6K0.0659.314,94028448,47627,672
2025-04-29$12.95$11.00158.5%45.4%0.0%0.0%163.2%8.4%-18.1%264.5K-18.1M-73.1K0.2260.962,22347949,94127,767
2025-04-30$10.48$11.00160.0%45.9%0.0%0.0%161.5%14.7%-12.5%20.1K-2.5M-62.1K0.1963.3412,9382,49750,52528,090