USMC Options History — June 2018

In June 2018, USMC traded between $25.80 and $26.60. ATM implied volatility averaged 68.7%. The 30-day expected move averaged 17.4%. IV traded above realized volatility by 57.3% (HV 20d: 11.4%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.09.

Notable Days

  • 2018-06-01: Highest Volume — 66 contracts
  • 2018-06-29: Largest IV spike — 3536.5% change
  • 2018-06-18: Largest Expected Move — 48.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.26$25.80$26.60$25.99$26.23
ATM IV68.7%2.4%168.2%20.8%104.7%
Expected Move17.4%0.7%48.2%6.0%30.0%
HV 20d11.4%10.5%13.1%12.6%11.4%
HV 60d15.7%14.1%17.1%17.1%14.1%
Term Structure-4.6%-58.2%142.0%10.3%-31.8%
Skew 25d5.7%-67.2%62.8%-13.1%10.5%
Skew 10d13.5%-23.2%87.2%-23.2%10.5%
Call IV 25d76.0%12.1%174.7%30.1%116.0%
Put IV 25d81.7%13.2%198.9%17.0%126.4%
Bid-Ask Spread %172.47113.10200.00139.54172.05
Gamma HHI0.370.320.400.340.36
Net GEX7.9K2.6K11.4K7.9K7.8K
Net DEX-139.5K-209.2K-74.9K-108.1K-162.2K
Net VEX-837-948-639-805-889
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.060.090.060.09
Total Volume50.57148666648
Total OI153.333139160139160

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$25.99$0.0020.8%6.0%12.6%0.0%0.0%-13.1%10.3%7.9K-108.1K-8050.06139.54N/AN/A6241345
2018-06-04$26.19$0.00141.1%21.4%11.7%0.0%0.0%6.9%-20.5%6.5K-118.8K-8060.06173.05N/AN/A6241345
2018-06-05$26.11$0.0015.2%3.3%11.8%0.0%0.0%1.0%3.2%10.4K-74.9K-6390.06200.00N/AN/A6241345
2018-06-06$26.30$0.00135.1%17.8%12.0%0.0%0.0%9.0%-23.8%8.0K-127.7K-8370.09192.88N/AN/A4441345
2018-06-07$26.37$0.0021.2%5.2%11.6%0.0%0.0%2.3%4.4%10.0K-94.8K-7400.09113.10N/AN/A4441415
2018-06-08$26.50$0.0036.3%4.0%11.4%0.0%0.0%0.8%2.4%11.4K-108.2K-7960.09156.44N/AN/A4441415
2018-06-11$26.60$0.00148.8%42.6%11.4%0.0%0.0%24.9%-58.2%2.6K-209.2K-9080.09200.00N/AN/A4441415
2018-06-12$26.57$0.0077.9%22.3%11.4%0.0%0.0%14.4%-25.8%6.6K-146.3K-8470.09179.86N/AN/A4441415
2018-06-13$26.53$0.0076.3%21.9%10.9%0.0%0.0%14.2%-30.6%7.5K-170.0K-9470.09194.14N/AN/A4441555
2018-06-14$26.48$0.0046.6%13.4%10.8%0.0%0.0%-67.2%-25.0%9.3K-146.7K-9310.09126.07N/AN/A4441555
2018-06-15$26.47$0.0080.4%23.1%10.6%0.0%0.0%62.8%-43.5%10.7K-122.8K-8360.09191.98N/AN/A4441555
2018-06-18$26.42$0.00168.2%48.2%10.6%0.0%0.0%24.2%-44.4%7.4K-198.7K-9480.09198.09N/AN/A4441555
2018-06-19$26.34$0.0083.8%24.0%10.5%0.0%0.0%8.6%-25.3%7.3K-151.1K-8830.09184.11N/AN/A4441555
2018-06-20$26.33$0.0018.4%5.3%10.5%0.0%0.0%1.7%0.3%11.4K-113.5K-8040.09142.84N/AN/A4441555
2018-06-21$26.13$0.0089.6%25.7%10.6%0.0%0.0%8.1%-24.9%7.0K-146.0K-8610.09192.65N/AN/A4441555
2018-06-22$26.34$0.0037.1%10.6%11.0%0.0%0.0%3.7%-9.4%10.3K-127.8K-8520.09164.53N/AN/A4441555
2018-06-25$25.83$0.0095.4%27.3%13.1%0.0%0.0%7.6%-27.0%6.6K-144.3K-8600.09180.05N/AN/A4441555
2018-06-26$26.04$0.0040.4%11.6%12.3%0.0%0.0%5.0%-9.7%10.5K-99.3K-7410.09151.56N/AN/A4441555
2018-06-27$25.80$0.002.4%0.7%11.2%0.0%0.0%-2.5%142.0%3.3K-188.2K-8520.09181.47N/AN/A4441555
2018-06-28$25.99$0.002.9%0.8%11.2%0.0%0.0%-3.5%141.4%4.0K-171.8K-7960.09187.54N/AN/A4441555
2018-06-29$26.23$0.00104.7%30.0%11.4%0.0%0.0%10.5%-31.8%7.8K-162.2K-8890.09172.05N/AN/A4441555