USMC Options History — May 2018

In May 2018, USMC traded between $25.05 and $26.07. ATM implied volatility averaged 83.7%. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 70.6% (HV 20d: 13.1%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.12.

Notable Days

  • 2018-05-15: Highest Volume — 70 contracts
  • 2018-05-23: Largest IV spike — 523.1% change
  • 2018-05-18: Largest Expected Move — 52.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.72$25.05$26.07$25.18$25.80
ATM IV83.7%16.2%184.1%143.3%62.0%
Expected Move22.3%4.6%52.8%41.1%17.8%
HV 20d13.1%10.4%18.4%18.4%13.0%
HV 60d17.2%17.1%17.4%17.1%17.3%
Term Structure-23.6%-90.8%60.2%1.1%-27.1%
Skew 25d13.3%-4.4%51.4%27.2%39.5%
Skew 10d3.3%-63.9%92.1%27.9%8.1%
Call IV 25d70.9%12.2%158.5%92.1%67.0%
Put IV 25d84.2%15.5%170.3%119.2%106.5%
Bid-Ask Spread %162.36120.43195.93174.53177.04
Gamma HHI0.590.310.880.880.33
Net GEX4.8K1.2K9.1K1.2K6.7K
Net DEX-72.6K-144.3K-19.9K-72.1K-127.9K
Net VEX-552-856-271-395-856
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.060.270.170.06
Total Volume43.18214701466
Total OI1016413964139

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$25.18$0.00143.3%41.1%18.4%0.0%0.0%27.2%1.1%1.2K-72.1K-3950.17174.53N/AN/A122613
2018-05-02$25.28$0.00121.8%34.9%17.9%0.0%0.0%11.8%-38.4%2.0K-54.6K-3750.17178.76N/AN/A122613
2018-05-03$25.05$0.00127.6%6.0%17.8%0.0%0.0%2.0%5.2%2.7K-24.5K-2710.17128.74N/AN/A122613
2018-05-04$25.44$0.0050.6%9.2%14.9%0.0%0.0%14.7%-4.6%2.8K-38.1K-3400.17150.91N/AN/A122613
2018-05-07$25.43$0.0020.1%5.8%13.8%0.0%0.0%3.1%5.8%3.0K-28.9K-2950.17123.35N/AN/A122613
2018-05-08$25.40$0.0037.1%9.5%13.1%0.0%0.0%7.6%-4.3%2.8K-38.1K-3350.17159.56N/AN/A122613
2018-05-09$25.65$0.0059.5%17.1%13.3%0.0%0.0%-4.4%-28.9%2.7K-42.8K-3490.17170.65N/AN/A122613
2018-05-10$25.85$0.0082.0%23.5%13.0%0.0%0.0%11.7%-41.8%2.0K-59.2K-3790.17174.55N/AN/A122613
2018-05-11$25.96$0.0082.6%23.7%12.9%0.0%0.0%9.0%-44.5%2.1K-56.7K-3730.27176.94N/AN/A154613
2018-05-14$26.03$0.0085.1%24.4%12.6%0.0%0.0%11.6%-40.4%2.3K-55.0K-4030.27172.21N/AN/A154645
2018-05-15$25.81$0.0086.5%24.8%12.5%0.0%0.0%11.9%-75.8%3.6K-19.9K-2720.06168.80N/AN/A664645
2018-05-16$25.98$0.00175.4%50.3%12.7%0.0%0.0%51.4%-90.8%8.4K-57.7K-5410.06189.01N/AN/A6641205
2018-05-17$25.87$0.0087.1%25.0%12.3%0.0%0.0%11.7%-37.0%5.3K-108.4K-7940.06181.81N/AN/A6241275
2018-05-18$25.85$0.00184.1%52.8%11.9%0.0%0.0%26.7%-88.4%3.7K-144.3K-8180.06195.93N/AN/A6241345
2018-05-21$26.02$0.0055.1%15.8%12.0%0.0%0.0%19.4%-14.8%8.7K-74.1K-6670.06151.84N/AN/A6241345
2018-05-22$26.07$0.0016.2%4.6%10.8%0.0%0.0%3.2%43.4%9.1K-78.9K-7130.06120.43N/AN/A6241345
2018-05-23$25.90$0.00100.9%28.9%11.2%0.0%0.0%13.6%-33.1%6.0K-123.6K-8550.06175.70N/AN/A6241345
2018-05-24$25.91$0.0041.2%11.8%10.4%0.0%0.0%-0.8%-11.8%7.5K-99.9K-7980.06154.95N/AN/A6241345
2018-05-25$25.92$0.0041.7%11.9%10.4%0.0%0.0%-0.8%-12.9%8.2K-87.4K-7470.06141.46N/AN/A6241345
2018-05-29$25.54$0.00115.1%33.0%11.6%0.0%0.0%15.2%-41.1%5.1K-120.2K-8240.06174.29N/AN/A6241345
2018-05-30$25.98$0.0067.3%19.3%12.6%0.0%0.0%6.3%60.2%8.9K-85.2K-7370.06130.37N/AN/A6241345
2018-05-31$25.80$0.0062.0%17.8%13.0%0.0%0.0%39.5%-27.1%6.7K-127.9K-8560.06177.04N/AN/A6241345