USMC Options History — June 2020

In June 2020, USMC traded between $29.36 and $30.91. ATM implied volatility averaged 57.7%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 35.8% (HV 20d: 21.9%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-06-16: Highest Volume — 10 contracts
  • 2020-06-23: Largest IV spike — 148.6% change
  • 2020-06-26: Highest IV Rank — 55.2%
  • 2020-06-26: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.04$29.36$30.91$29.85$29.99
ATM IV57.7%19.7%98.5%29.1%90.7%
Expected Move17.0%5.7%28.2%8.4%26.0%
HV 20d21.9%17.7%25.2%17.7%25.2%
HV 60d35.5%26.2%46.8%46.8%26.2%
IV Rank29.6%5.8%55.2%11.7%50.3%
IV Percentile57.8%15.9%90.1%17.9%87.3%
Term Structure-1.8%-42.4%34.4%27.2%-1.4%
VWIV101.3%101.3%101.3%101.3%101.3%
Skew 25d14.3%-8.2%55.4%11.8%3.9%
Skew 10d21.6%3.4%67.7%3.6%19.2%
Call IV 25d36.8%16.5%71.6%19.6%67.7%
Put IV 25d51.1%17.7%78.3%31.5%71.6%
Bid-Ask Spread %170.2287.49200.00117.38197.82
Gamma HHI0.990.901.001.001.00
Net GEX273602.2K10976
Net DEX-2.7K-10.9K-1.1K-2.3K-2.3K
Net VEX-11-19-8-12-11
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.501001
Total OI3.36421222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$29.85$0.0029.1%8.4%17.7%11.7%0.0%11.8%27.2%109-2.3K-120.00117.38N/AN/A0020
2020-06-02$29.87$0.0030.6%8.8%17.7%12.6%0.0%9.2%-9.8%98-1.1K-90.0087.49N/AN/A0020
2020-06-03$30.27$0.0019.7%5.7%18.0%5.8%0.0%6.7%5.1%117-1.6K-110.00128.69N/AN/A0020
2020-06-04$30.00$0.0044.6%17.9%18.3%21.4%0.0%9.0%-20.8%107-2.0K-110.00151.18N/AN/A0020
2020-06-05$30.61$0.0045.0%17.3%19.4%21.7%0.0%32.9%-18.6%108-2.1K-120.00194.58N/AN/A0020
2020-06-08$30.88$0.0047.8%5.7%19.1%23.4%0.0%-0.4%34.4%116-1.1K-80.00149.51N/AN/A0020
2020-06-09$30.91$0.0026.4%17.3%19.0%10.0%0.0%37.8%-23.0%137-1.7K-110.00170.75N/AN/A0020
2020-06-10$30.91$0.0060.8%17.4%17.7%31.6%0.0%55.4%-17.8%104-2.3K-120.00193.09N/AN/A0020
2020-06-11$29.36$0.0069.6%20.0%25.1%37.1%0.0%31.8%-15.6%79-2.0K-110.00186.88N/AN/A0020
2020-06-12$29.38$0.0037.5%10.7%24.8%16.9%0.0%2.0%32.2%64-2.4K-120.00172.68N/AN/A0020
2020-06-15$29.45$0.0058.0%16.6%24.8%29.8%0.0%-8.2%-42.4%95-1.6K-100.00182.29N/AN/A0020
2020-06-16$30.05$0.0062.1%17.8%23.6%32.4%0.0%37.6%-13.6%71-2.5K-120.00175.88N/AN/A10020
2020-06-17$30.03$0.0057.9%16.6%23.2%29.7%0.0%9.8%-8.9%2.0K-10.9K-190.00167.79N/AN/A00120
2020-06-18$30.09$0.0038.2%10.9%22.9%17.4%0.0%5.9%24.3%2.2K-10.2K-160.00159.03N/AN/A00120
2020-06-19$30.15$0.0056.0%16.1%22.7%28.6%0.0%3.4%24.7%112-1.6K-100.00167.43N/AN/A00120
2020-06-22$30.20$0.0039.4%11.3%22.7%18.1%0.0%9.9%0.4%114-1.6K-100.00168.99N/AN/A0020
2020-06-23$30.39$0.0098.0%28.1%22.7%54.9%0.0%15.2%-2.1%60-2.8K-120.00184.45N/AN/A0020
2020-06-24$29.80$0.0097.9%28.1%23.8%54.9%0.0%7.5%-5.1%73-2.3K-110.00200.00N/AN/A0020
2020-06-25$29.89$0.0069.4%19.9%23.7%37.0%0.0%5.3%-4.4%86-2.1K-100.00191.84N/AN/A0020
2020-06-26$29.40$0.0098.5%28.2%24.5%55.2%0.0%4.0%-3.8%70-2.2K-110.00199.46N/AN/A0020
2020-06-29$29.51$0.0091.6%26.2%24.5%50.9%0.0%24.9%-0.7%95-1.6K-90.00197.74N/AN/A0020
2020-06-30$29.99$0.0090.7%26.0%25.2%50.3%101.3%3.9%-1.4%76-2.3K-110.00197.82N/AN/A1020