USMC Options History — October 2018

In October 2018, USMC traded between $26.00 and $28.40. ATM implied volatility averaged 85.9%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 22.8%. IV traded above realized volatility by 74.1% (HV 20d: 11.9%). Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.08.

Notable Days

  • 2018-10-01: Highest Volume — 26 contracts
  • 2018-10-22: Largest IV spike — 497.9% change
  • 2018-10-09: Highest IV Rank — 73.4%
  • 2018-10-09: Largest Expected Move — 41.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.26$26.00$28.40$28.33$26.92
ATM IV85.9%15.7%143.8%90.7%114.1%
Expected Move22.8%4.5%41.2%26.0%32.7%
HV 20d11.9%5.7%19.7%5.8%19.7%
HV 60d9.5%6.9%13.0%7.0%13.0%
IV Rank43.4%6.9%73.4%45.9%58.0%
IV Percentile60.0%12.3%92.0%66.7%78.6%
Term Structure-44.6%-128.7%57.3%57.3%-78.3%
Skew 25d10.2%-25.9%121.0%27.2%111.3%
Skew 10d7.0%-25.9%111.3%27.9%111.3%
Call IV 25d83.3%14.2%152.2%113.0%27.1%
Put IV 25d93.5%15.2%166.0%140.2%138.4%
Bid-Ask Spread %179.55137.85200.00160.54178.50
Gamma HHI0.490.430.630.520.46
Net GEX7.4K3.5K11.8K3.5K6.1K
Net DEX-94.4K-146.4K-51.4K-119.6K-80.1K
Net VEX-331-399-243-399-276
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.080.080.080.08
Total Volume2626262626
Total OI8383838383

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$28.33$0.0090.7%26.0%5.8%45.9%0.0%27.2%57.3%3.5K-119.6K-3990.08160.54N/AN/A242812
2018-10-02$28.40$0.00103.7%29.7%5.8%52.6%0.0%27.2%-34.8%6.1K-125.4K-3920.08184.51N/AN/A242812
2018-10-03$28.36$0.0053.1%15.2%5.7%26.3%0.0%1.1%-44.5%11.0K-146.4K-3680.08193.32N/AN/A242812
2018-10-04$28.09$0.00111.1%19.6%6.8%56.5%0.0%11.2%-40.5%8.4K-119.5K-3710.08190.78N/AN/A242812
2018-10-05$27.99$0.00117.4%20.3%6.9%59.8%0.0%6.8%-46.9%7.7K-115.4K-3750.08165.62N/AN/A242812
2018-10-08$28.04$0.00131.8%20.7%6.7%67.2%0.0%-0.3%-54.2%5.0K-116.0K-3840.08192.28N/AN/A242812
2018-10-09$28.04$0.00143.8%41.2%6.7%73.4%0.0%13.9%-128.7%11.8K-144.5K-3580.08200.00N/AN/A242812
2018-10-10$27.36$0.0074.7%21.4%11.1%37.6%0.0%0.5%-46.3%7.9K-99.6K-3710.08194.19N/AN/A242812
2018-10-11$26.81$0.0076.3%21.9%12.8%38.4%0.0%-6.9%-53.7%8.4K-74.4K-3290.08184.51N/AN/A242812
2018-10-12$26.82$0.0077.1%22.1%12.8%38.8%0.0%-7.3%-46.1%7.0K-74.0K-3120.08182.24N/AN/A242812
2018-10-15$26.99$0.0032.2%9.2%13.2%15.5%0.0%-10.6%-9.8%8.0K-86.4K-3460.08179.34N/AN/A242812
2018-10-16$27.29$0.0055.8%16.0%13.7%27.7%0.0%-5.1%-46.4%9.6K-100.2K-3570.08187.25N/AN/A242812
2018-10-17$27.38$0.0085.2%24.4%13.8%43.0%0.0%-5.1%-50.4%6.0K-93.6K-3250.08176.43N/AN/A242812
2018-10-18$27.08$0.0083.9%24.0%13.3%42.3%0.0%-8.4%-51.3%5.5K-88.1K-3270.08196.46N/AN/A242812
2018-10-19$27.17$0.0015.7%4.5%13.5%6.9%0.0%1.0%2.4%11.2K-95.8K-3420.08137.85N/AN/A242812
2018-10-22$27.08$0.0093.9%26.9%13.4%47.5%0.0%-7.8%-59.6%5.8K-85.8K-3070.08175.84N/AN/A242812
2018-10-23$27.07$0.0030.3%8.7%13.3%14.5%0.0%27.8%-21.2%10.3K-94.0K-3300.08158.37N/AN/A242812
2018-10-24$26.57$0.0095.8%27.5%14.5%48.5%0.0%-12.4%-73.4%6.8K-66.6K-2810.08184.82N/AN/A242812
2018-10-25$26.73$0.0095.8%27.5%14.8%48.5%0.0%-13.5%-65.7%7.1K-70.2K-2740.08189.42N/AN/A242812
2018-10-26$26.19$0.00101.7%29.2%16.0%51.6%0.0%-25.9%-62.7%5.2K-65.5K-2810.08177.94N/AN/A242812
2018-10-29$26.00$0.00113.1%32.4%16.0%57.5%0.0%-11.3%-75.7%5.8K-51.4K-2430.08189.57N/AN/A242812
2018-10-30$26.22$0.0079.2%0.0%16.5%39.9%0.0%121.0%4.9%7.1K-59.0K-2640.08149.79N/AN/A242812
2018-10-31$26.92$0.00114.1%32.7%19.7%58.0%0.0%111.3%-78.3%6.1K-80.1K-2760.08178.50N/AN/A242812