USMC Options History — November 2019

In November 2019, USMC traded between $29.86 and $30.78. ATM implied volatility averaged 39.5%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 32.7% (HV 20d: 6.8%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days.

Notable Days

  • 2019-11-06: Largest IV spike — 314.4% change
  • 2019-11-12: Highest IV Rank — 58.4%
  • 2019-11-01: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.25$29.86$30.78$29.86$30.69
ATM IV39.5%11.7%100.0%49.1%11.7%
Expected Move8.6%3.3%14.1%14.1%3.3%
HV 20d6.8%4.7%13.1%13.1%4.7%
HV 60d12.2%10.2%14.6%14.6%10.2%
IV Rank20.7%0.7%58.4%28.2%0.7%
IV Percentile37.0%1.2%82.9%47.2%1.2%
Term Structure-5.2%-18.6%11.6%-18.6%-1.1%
Skew 25d1.6%-5.9%7.5%7.3%0.8%
Skew 10d7.8%-1.3%17.4%16.7%3.3%
Call IV 25d23.9%10.2%38.3%31.4%12.4%
Put IV 25d25.5%12.1%38.7%38.7%13.2%
Bid-Ask Spread %168.75115.30195.17195.17135.31
Gamma HHI1.001.001.001.001.00
Net GEX1.3K9461.8K1.4K946
Net DEX-10.8K-13.4K-9.0K-9.0K-12.2K
Net VEX-61-64-57-61-59
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI99999

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$29.86$0.0049.1%14.1%13.1%28.2%0.0%7.3%-18.6%1.4K-9.0K-610.00195.17N/AN/A0090
2019-11-04$29.86$0.0012.0%4.5%10.7%6.1%0.0%1.2%2.3%1.1K-9.3K-600.00115.30N/AN/A0090
2019-11-05$29.90$0.0014.3%4.8%10.6%7.4%0.0%1.1%-0.2%955-10.5K-630.00142.99N/AN/A0090
2019-11-06$29.91$0.0059.3%9.3%9.5%34.2%0.0%4.3%-8.3%1.5K-9.1K-600.00188.38N/AN/A0090
2019-11-07$30.02$0.0062.1%9.3%9.4%35.9%0.0%1.2%-5.7%996-9.0K-580.00186.82N/AN/A0090
2019-11-08$30.07$0.0066.3%9.4%7.7%38.4%0.0%1.9%-9.0%1.3K-10.5K-640.00187.84N/AN/A0090
2019-11-11$30.05$0.0052.8%4.2%7.0%30.4%0.0%1.3%3.2%1.1K-9.9K-600.00119.43N/AN/A0090
2019-11-12$30.10$0.00100.0%9.7%5.9%58.4%0.0%2.3%-10.2%1.7K-9.7K-610.00187.55N/AN/A0090
2019-11-13$30.20$0.0034.7%9.9%5.9%19.6%0.0%2.2%-10.2%1.7K-10.4K-610.00186.82N/AN/A0090
2019-11-14$30.19$0.0034.8%10.0%5.7%19.7%0.0%2.6%-10.7%1.1K-11.8K-630.00186.82N/AN/A0090
2019-11-15$30.36$0.0012.7%3.6%5.9%6.5%0.0%-1.9%5.9%1.2K-11.1K-620.00125.15N/AN/A0090
2019-11-18$30.45$0.0037.0%10.6%5.4%20.7%0.0%-2.2%11.6%1.5K-12.2K-630.00183.03N/AN/A0090
2019-11-19$30.45$0.0037.6%10.8%5.3%17.0%0.0%-3.1%-7.4%1.7K-11.9K-630.00183.75N/AN/A0090
2019-11-20$30.30$0.0037.0%10.6%5.2%16.6%0.0%4.5%-7.9%1.5K-11.3K-610.00185.19N/AN/A0090
2019-11-21$30.29$0.0038.3%11.0%5.2%17.5%0.0%2.7%-9.2%1.6K-11.1K-610.00185.22N/AN/A0090
2019-11-22$30.37$0.0039.3%11.3%5.1%18.1%0.0%1.0%-10.7%1.8K-11.2K-610.00184.10N/AN/A0090
2019-11-25$30.50$0.0013.8%4.0%4.8%2.1%0.0%3.5%1.9%1.3K-11.1K-600.00131.15N/AN/A0090
2019-11-26$30.63$0.0039.2%11.2%4.8%18.0%0.0%-5.9%-10.3%1.3K-13.4K-620.00181.74N/AN/A0090
2019-11-27$30.78$0.0038.8%11.1%4.8%17.7%0.0%7.5%-9.9%1.3K-11.6K-570.00183.19N/AN/A0090
2019-11-29$30.69$0.0011.7%3.3%4.7%0.7%0.0%0.8%-1.1%946-12.2K-590.00135.31N/AN/A0090