USMC Options History — February 2019

In February 2019, USMC traded between $26.62 and $27.72. ATM implied volatility averaged 33.0%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 22.3% (HV 20d: 10.7%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 15 of 19 days.

Notable Days

  • 2019-02-05: Largest IV spike — 829.6% change
  • 2019-02-05: Highest IV Rank — 72.4%
  • 2019-02-25: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.18$26.62$27.72$26.66$27.56
ATM IV33.0%12.8%141.6%14.0%12.8%
Expected Move8.5%3.7%29.3%5.0%3.7%
HV 20d10.7%8.2%13.9%13.9%8.2%
HV 60d19.2%18.2%20.2%20.1%18.2%
IV Rank16.2%5.7%72.4%6.3%5.7%
IV Percentile22.8%4.7%90.9%7.8%4.7%
Term Structure-6.2%-43.5%4.8%0.4%3.5%
Skew 25d4.1%-26.1%24.8%4.4%-0.8%
Skew 10d4.8%-35.8%42.0%2.4%1.9%
Call IV 25d31.8%11.3%120.1%12.2%14.3%
Put IV 25d36.0%13.5%145.0%16.6%13.5%
Bid-Ask Spread %139.32114.33191.99114.33129.50
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$26.66$0.0014.0%5.0%13.9%6.3%0.0%4.4%0.4%0000.00114.33N/AN/A0000
2019-02-04$26.76$0.0015.2%4.6%10.7%7.0%0.0%5.5%2.0%0000.00114.43N/AN/A0000
2019-02-05$26.95$0.00141.6%21.3%10.7%72.4%0.0%15.3%-34.8%0000.00190.33N/AN/A0000
2019-02-06$26.90$0.0016.4%4.7%10.6%7.6%0.0%5.8%1.7%0000.00119.65N/AN/A0000
2019-02-07$26.64$0.0075.0%21.5%11.4%37.9%0.0%13.9%-37.8%0000.00191.99N/AN/A0000
2019-02-08$26.62$0.0016.7%4.8%11.5%7.7%0.0%-26.1%0.3%0000.00140.49N/AN/A0000
2019-02-11$26.74$0.0017.4%5.0%11.5%8.1%0.0%4.3%0.5%0000.00117.76N/AN/A0000
2019-02-12$27.05$0.0017.4%5.0%11.9%8.1%0.0%3.7%0.6%0000.00121.27N/AN/A0000
2019-02-13$27.16$0.0016.8%4.8%11.7%7.8%0.0%2.7%1.2%0000.00121.70N/AN/A0000
2019-02-14$27.09$0.0016.8%4.8%11.8%7.8%0.0%2.7%1.0%0000.00121.55N/AN/A0000
2019-02-15$27.35$0.0016.4%4.7%12.1%7.5%0.0%3.4%1.7%0000.00123.23N/AN/A0000
2019-02-19$27.46$0.0072.1%20.7%11.6%36.4%0.0%11.6%-30.9%0000.00184.58N/AN/A0000
2019-02-20$27.45$0.0014.9%4.3%9.9%6.8%0.0%-1.7%0.7%0000.00122.42N/AN/A0000
2019-02-21$27.39$0.0015.5%4.4%9.7%7.1%0.0%3.0%4.1%0000.00128.65N/AN/A0000
2019-02-22$27.60$0.0017.6%5.0%9.5%8.2%0.0%3.8%4.8%0000.00163.73N/AN/A0000
2019-02-25$27.69$0.00102.1%29.3%9.5%52.0%0.0%24.8%-43.5%0000.00188.01N/AN/A0000
2019-02-26$27.72$0.0014.2%4.1%8.6%6.4%0.0%1.4%4.0%0000.00130.30N/AN/A0000
2019-02-27$27.59$0.0014.1%4.0%9.0%6.4%0.0%1.1%2.8%0000.00123.16N/AN/A0000
2019-02-28$27.56$0.0012.8%3.7%8.2%5.7%0.0%-0.8%3.5%0000.00129.50N/AN/A0000