USMC Options History — January 2020

In January 2020, USMC traded between $31.39 and $32.33. ATM implied volatility averaged 47.7%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 40.2% (HV 20d: 7.6%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-01-24: Highest Volume — 1 contracts
  • 2020-01-07: Largest IV spike — 253.2% change
  • 2020-01-14: Highest IV Rank — 52.4%
  • 2020-01-23: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.84$31.39$32.33$31.57$31.39
ATM IV47.7%16.8%94.0%46.6%45.6%
Expected Move10.4%3.5%17.9%13.4%13.1%
HV 20d7.6%6.5%10.1%8.3%10.1%
HV 60d7.4%6.4%9.8%9.8%8.0%
IV Rank23.4%3.9%52.4%22.6%22.0%
IV Percentile53.6%29.0%83.7%53.6%54.8%
Term Structure-3.2%-20.6%37.1%-20.6%-18.8%
Skew 25d13.0%-15.8%81.6%5.4%10.1%
Skew 10d16.2%-13.0%81.6%10.2%8.3%
Call IV 25d20.1%10.6%45.3%26.7%28.9%
Put IV 25d33.1%13.6%126.9%32.1%39.0%
Bid-Ask Spread %193.55177.34197.69182.74197.23
Gamma HHI0.970.841.001.000.90
Net GEX1.8K5212.2K1.7K2.0K
Net DEX-20.9K-24.1K-17.6K-21.6K-18.2K
Net VEX-54-61-45-61-53
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480100
Total OI11.23811121112

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$31.57$0.0046.6%13.4%8.3%22.6%0.0%5.4%-20.6%1.7K-21.6K-610.00182.74N/AN/A00110
2020-01-03$31.43$0.0050.6%14.5%8.2%25.2%0.0%4.1%-19.3%1.9K-17.8K-580.00192.13N/AN/A00110
2020-01-06$31.44$0.0016.8%3.5%7.3%3.9%0.0%8.4%5.7%2.0K-19.6K-610.00193.14N/AN/A00110
2020-01-07$31.40$0.0059.3%9.3%7.2%30.6%0.0%15.4%-9.9%1.8K-17.6K-570.00197.69N/AN/A00110
2020-01-08$31.66$0.0058.2%8.5%7.5%29.9%0.0%16.7%1.7%2.1K-19.4K-540.00196.36N/AN/A00110
2020-01-09$31.77$0.0061.0%8.6%7.2%31.7%0.0%14.5%0.1%1.8K-19.9K-550.00195.56N/AN/A00110
2020-01-10$31.69$0.0063.8%8.7%7.1%33.5%0.0%13.8%-0.3%2.1K-19.7K-540.00195.86N/AN/A00110
2020-01-13$31.84$0.0082.4%8.8%7.1%45.1%0.0%14.4%-0.5%1.9K-20.6K-530.00195.56N/AN/A00110
2020-01-14$31.82$0.0094.0%9.0%6.6%52.4%0.0%13.6%0.2%2.1K-20.7K-520.00194.96N/AN/A00110
2020-01-15$31.88$0.0031.5%9.0%6.6%13.1%0.0%13.2%0.0%2.2K-21.2K-500.00195.33N/AN/A00110
2020-01-16$32.14$0.0032.1%9.2%6.8%13.5%0.0%4.4%-0.6%2.0K-22.6K-490.00194.38N/AN/A00110
2020-01-17$32.24$0.0033.1%9.5%6.8%14.2%0.0%2.5%-2.7%1.5K-22.5K-530.00192.85N/AN/A00110
2020-01-21$32.27$0.0034.8%10.0%6.7%15.2%0.0%2.4%-2.8%1.8K-23.0K-480.00192.33N/AN/A00110
2020-01-22$32.33$0.0036.0%10.3%6.7%16.0%0.0%-15.8%-1.7%2.1K-24.1K-450.00177.34N/AN/A00110
2020-01-23$32.30$0.0062.5%17.9%6.5%32.6%0.0%81.6%37.1%521-20.8K-530.00196.95N/AN/A00110
2020-01-24$32.01$0.0036.1%10.4%7.4%16.1%0.0%7.8%-5.1%1.2K-21.6K-520.00194.02N/AN/A10110
2020-01-27$31.66$0.0039.1%11.2%8.5%17.9%0.0%18.0%-8.9%1.4K-22.0K-590.00196.11N/AN/A00120
2020-01-28$31.94$0.0039.4%11.3%8.9%18.1%0.0%17.8%-5.4%1.8K-22.2K-560.00194.75N/AN/A00120
2020-01-29$31.89$0.0039.5%11.3%8.6%18.2%0.0%7.5%-9.5%1.4K-23.1K-590.00194.47N/AN/A00120
2020-01-30$31.91$0.0040.4%11.6%8.6%18.7%0.0%18.5%-6.4%1.6K-21.7K-570.00194.78N/AN/A00120
2020-01-31$31.39$0.0045.6%13.1%10.1%22.0%0.0%10.1%-18.8%2.0K-18.2K-530.00197.23N/AN/A00120