USMC Options History — March 2019

In March 2019, USMC traded between $27.18 and $28.27. ATM implied volatility averaged 47.2%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 37.7% (HV 20d: 9.4%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days.

Notable Days

  • 2019-03-08: Largest IV spike — 952.9% change
  • 2019-03-08: Highest IV Rank — 86.3%
  • 2019-03-08: Largest Expected Move — 48.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.79$27.18$28.27$27.73$28.10
ATM IV47.2%13.0%168.4%13.0%96.2%
Expected Move12.3%3.7%48.3%3.7%18.1%
HV 20d9.4%8.1%10.6%8.1%10.4%
HV 60d15.3%11.8%18.1%18.1%11.8%
IV Rank23.9%5.8%86.3%5.8%51.8%
IV Percentile35.0%5.5%98.3%5.5%75.8%
Term Structure-5.1%-53.6%54.9%3.2%-34.5%
Skew 25d10.3%-0.2%29.6%0.1%29.6%
Skew 10d10.5%1.7%29.6%1.7%29.6%
Call IV 25d37.6%6.3%102.6%14.9%102.6%
Put IV 25d47.9%13.8%132.2%15.0%132.2%
Bid-Ask Spread %145.8992.22200.00129.41199.23
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$27.73$0.0013.0%3.7%8.1%5.8%0.0%0.1%3.2%0000.00129.41N/AN/A0000
2019-03-04$27.56$0.0043.8%12.6%8.7%21.8%0.0%3.6%3.0%0000.00150.63N/AN/A0000
2019-03-05$27.64$0.00137.1%39.3%8.6%70.1%0.0%14.8%-24.8%0000.00190.87N/AN/A0000
2019-03-06$27.48$0.0018.8%5.4%8.8%8.8%0.0%2.6%-0.1%0000.00134.53N/AN/A0000
2019-03-07$27.26$0.0016.0%4.6%9.3%7.4%0.0%-0.2%-1.4%0000.00127.97N/AN/A0000
2019-03-08$27.18$0.00168.4%48.3%8.6%86.3%0.0%9.6%-25.9%0000.00191.36N/AN/A0000
2019-03-11$27.60$0.0026.9%4.4%9.9%13.0%0.0%9.9%2.3%0000.00112.04N/AN/A0000
2019-03-12$27.68$0.0015.9%4.9%9.9%7.3%0.0%3.6%1.0%0000.00117.53N/AN/A0000
2019-03-13$27.86$0.0016.0%4.9%9.4%7.4%0.0%5.1%1.2%0000.0092.22N/AN/A0000
2019-03-14$27.86$0.0047.6%4.8%9.3%23.7%0.0%17.2%-53.6%0000.00101.05N/AN/A0000
2019-03-15$27.98$0.0015.3%4.8%9.3%7.0%0.0%6.8%1.2%0000.00109.38N/AN/A0000
2019-03-18$28.05$0.0015.8%16.0%8.8%7.3%0.0%4.8%38.9%0000.00200.00N/AN/A0000
2019-03-19$27.98$0.0078.8%16.3%8.8%39.9%0.0%22.7%-22.8%0000.00199.22N/AN/A0000
2019-03-20$28.03$0.0080.1%16.2%8.8%40.5%0.0%23.8%-23.5%0000.00200.00N/AN/A0000
2019-03-21$28.27$0.0016.1%4.9%9.1%7.4%0.0%4.3%1.1%0000.00104.14N/AN/A0000
2019-03-22$27.85$0.0015.0%4.6%10.5%6.9%0.0%1.0%1.2%0000.00105.24N/AN/A0000
2019-03-25$27.80$0.0013.4%4.8%10.5%6.0%0.0%6.8%2.5%0000.0099.48N/AN/A0000
2019-03-26$27.90$0.0090.1%17.2%10.6%48.4%0.0%24.3%-30.6%0000.00200.00N/AN/A0000
2019-03-27$27.90$0.0050.6%18.5%10.4%26.8%0.0%24.9%54.9%0000.00197.38N/AN/A0000
2019-03-28$27.95$0.0015.7%4.6%10.4%7.6%0.0%1.4%0.5%0000.00102.01N/AN/A0000
2019-03-29$28.10$0.0096.2%18.1%10.4%51.8%0.0%29.6%-34.5%0000.00199.23N/AN/A0000