USMC Options History — January 2019

In January 2019, USMC traded between $24.60 and $26.60. ATM implied volatility averaged 61.1%, placing in the 30.7% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 38.9% (HV 20d: 22.2%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days.

Notable Days

  • 2019-01-03: Highest Volume — 2 contracts
  • 2019-01-30: Largest IV spike — 478.5% change
  • 2019-01-08: Highest IV Rank — 75.6%
  • 2019-01-30: Largest Expected Move — 33.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.87$24.60$26.60$25.03$26.60
ATM IV61.1%13.4%147.8%66.6%13.4%
Expected Move13.7%4.8%33.0%19.1%4.9%
HV 20d22.2%15.1%26.1%24.3%15.9%
HV 60d21.1%20.1%22.1%21.0%20.3%
IV Rank30.7%6.0%75.6%33.6%6.0%
IV Percentile42.3%6.9%95.0%46.9%6.9%
Term Structure-11.8%-59.8%21.2%-7.9%2.3%
Skew 25d8.0%-13.4%42.2%3.6%5.3%
Skew 10d8.6%-13.4%43.5%-8.2%2.8%
Call IV 25d47.0%11.7%119.3%58.8%12.2%
Put IV 25d55.0%15.0%161.4%62.4%17.5%
Bid-Ask Spread %159.17111.31200.00192.90111.31
Gamma HHI1.001.001.001.001.00
Net GEX-11-40000
Net DEX46401.7K00
Net VEX-2-7000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.190200
Total OI0.2860100

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$25.03$0.0066.6%19.1%24.3%33.6%0.0%3.6%-7.9%0000.00192.90N/AN/A0000
2019-01-03$24.60$0.00125.8%21.3%23.1%64.2%0.0%-13.4%-59.8%0000.00200.00N/AN/A0200
2019-01-04$25.30$0.00115.4%5.7%25.8%58.8%0.0%-12.9%21.2%-401.7K-60.00116.32N/AN/A0201
2019-01-07$25.48$0.00144.2%22.0%25.9%73.8%0.0%15.3%-17.4%-391.6K-60.00200.00N/AN/A0001
2019-01-08$25.68$0.00147.8%21.8%26.1%75.6%0.0%18.3%-19.0%-391.6K-70.00198.52N/AN/A0001
2019-01-09$25.72$0.0076.8%22.0%25.9%38.9%0.0%3.6%-19.5%-401.6K-70.00200.00N/AN/A0001
2019-01-10$25.76$0.0077.9%22.3%25.9%39.4%0.0%19.9%-20.1%-401.6K-70.00199.23N/AN/A0001
2019-01-11$25.76$0.0079.0%22.6%25.8%40.0%0.0%20.2%-20.7%-401.6K-70.00200.00N/AN/A0001
2019-01-14$25.70$0.0017.8%5.1%25.8%8.3%0.0%5.6%1.1%0000.00117.11N/AN/A0000
2019-01-15$25.93$0.0018.8%5.4%25.1%8.8%0.0%6.5%4.1%0000.00123.06N/AN/A0000
2019-01-16$26.00$0.0021.4%6.1%23.6%10.2%0.0%3.0%-3.4%0000.00130.07N/AN/A0000
2019-01-17$26.11$0.0017.7%5.1%23.6%8.2%0.0%3.9%1.5%0000.00123.97N/AN/A0000
2019-01-18$26.40$0.0018.3%5.3%23.2%8.6%0.0%5.6%1.2%0000.00122.70N/AN/A0000
2019-01-22$26.02$0.0051.8%14.9%22.9%25.9%0.0%-2.5%-31.1%0000.00188.36N/AN/A0000
2019-01-23$26.28$0.0018.8%5.4%22.1%8.8%0.0%4.2%0.1%0000.00139.20N/AN/A0000
2019-01-24$26.15$0.0098.8%28.3%19.3%50.3%0.0%32.3%-32.9%0000.00200.00N/AN/A0000
2019-01-25$26.28$0.0016.8%4.8%15.1%7.8%0.0%1.5%-1.0%0000.00135.04N/AN/A0000
2019-01-28$26.07$0.0020.3%5.8%15.6%9.6%0.0%2.4%-1.7%0000.00127.32N/AN/A0000
2019-01-29$26.07$0.0019.9%5.7%15.6%9.4%0.0%3.6%-1.8%0000.00121.81N/AN/A0000
2019-01-30$26.42$0.00115.1%33.0%15.9%58.7%0.0%42.2%-43.9%0000.00195.63N/AN/A0000
2019-01-31$26.60$0.0013.4%4.9%15.9%6.0%0.0%5.3%2.3%0000.00111.31N/AN/A0000