USMC Options History — July 2020

In July 2020, USMC traded between $30.28 and $31.78. ATM implied volatility averaged 52.0%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 36.0% (HV 20d: 16.0%). Max pain ranged from $28.00 to $28.00. 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

  • 2020-07-06: Highest Volume — 1 contracts
  • 2020-07-07: Largest IV spike — 124.9% change
  • 2020-07-07: Highest IV Rank — 100.0%
  • 2020-07-07: Largest Expected Move — 34.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.16$30.28$31.78$30.28$31.43
Max Pain$28.00$28.00$28.00$28.00$28.00
ATM IV52.0%18.2%195.8%91.8%22.8%
Expected Move12.8%5.2%34.1%26.3%6.5%
HV 20d16.0%10.3%25.0%25.0%10.4%
HV 60d20.5%18.5%22.9%22.9%18.5%
IV Rank23.9%4.1%100.0%55.3%6.3%
IV Percentile42.1%11.1%100.0%88.9%12.7%
Term Structure-3.5%-26.0%18.5%-4.3%-1.8%
Skew 25d16.4%-12.5%117.7%4.5%3.3%
Skew 10d16.4%-18.6%117.7%-7.8%4.6%
Call IV 25d25.1%15.8%65.6%65.4%18.4%
Put IV 25d41.5%21.2%135.9%69.9%21.7%
Bid-Ask Spread %170.69140.32199.28196.43151.97
Gamma HHI0.540.370.820.510.38
Net GEX259132433136431
Net DEX-3.9K-6.4K-2.4K-4.7K-3.0K
Net VEX-12-17-7-13-13
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1820100
Total OI3.3183434

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$30.28$28.0091.8%26.3%25.0%55.3%0.0%4.5%-4.3%136-4.7K-130.00196.43N/AN/A0030
2020-07-02$30.39$28.0087.3%25.0%24.8%52.3%0.0%3.6%-0.6%135-4.8K-130.00195.15N/AN/A0030
2020-07-06$30.74$0.0087.1%24.6%24.1%52.1%0.0%47.5%-6.3%132-5.4K-130.00182.55N/AN/A1030
2020-07-07$30.70$0.00195.8%34.1%23.9%100.0%0.0%117.7%-26.0%192-3.0K-80.00197.09N/AN/A0030
2020-07-08$30.82$0.00111.5%30.5%23.9%54.5%0.0%63.6%-11.3%142-4.9K-120.00199.28N/AN/A0030
2020-07-09$30.79$0.0069.2%12.6%23.9%31.6%0.0%19.4%0.8%206-3.9K-90.00181.19N/AN/A0030
2020-07-10$31.12$0.0058.2%11.5%14.6%25.7%0.0%25.3%-2.2%201-3.8K-70.00180.91N/AN/A0030
2020-07-13$30.97$0.0034.7%6.5%14.8%13.1%0.0%10.1%1.5%185-4.6K-90.00140.32N/AN/A0030
2020-07-14$31.15$0.0044.3%6.2%14.9%18.2%0.0%9.3%-1.4%180-4.4K-80.00144.22N/AN/A0030
2020-07-15$31.33$0.0027.0%7.7%13.4%8.9%0.0%7.3%0.6%210-4.4K-80.00154.92N/AN/A1030
2020-07-16$31.22$0.0027.1%7.8%13.6%8.9%0.0%4.7%-5.1%207-4.3K-80.00153.81N/AN/A1030
2020-07-17$31.30$0.0033.5%9.6%13.6%12.4%0.0%5.0%-1.3%251-6.4K-140.00160.40N/AN/A0040
2020-07-20$31.62$0.0044.5%12.7%13.9%18.3%0.0%4.4%-25.6%330-3.1K-130.00182.26N/AN/A0030
2020-07-21$31.62$0.0018.2%5.2%13.9%4.1%0.0%1.5%-1.2%275-3.5K-140.00164.96N/AN/A0030
2020-07-22$31.78$0.0019.8%5.7%13.9%5.0%0.0%5.6%1.9%303-3.1K-130.00160.57N/AN/A0030
2020-07-23$31.39$0.0036.9%10.6%12.5%14.2%0.0%5.3%-11.5%313-2.9K-130.00177.28N/AN/A1030
2020-07-24$31.16$0.0021.8%6.2%13.0%6.1%0.0%3.8%-0.4%374-2.8K-140.00155.50N/AN/A0040
2020-07-27$31.44$0.0021.1%6.0%11.2%5.7%0.0%2.7%3.0%407-2.8K-130.00151.60N/AN/A0040
2020-07-28$31.38$0.0027.3%7.8%11.3%9.1%0.0%-12.5%-14.8%433-2.4K-120.00173.87N/AN/A0040
2020-07-29$31.55$0.0031.6%9.1%10.3%11.4%0.0%18.6%18.5%352-3.2K-140.00176.14N/AN/A0040
2020-07-30$31.34$0.0032.7%9.4%10.4%11.9%0.0%10.3%10.4%297-4.4K-170.00174.81N/AN/A0040
2020-07-31$31.43$0.0022.8%6.5%10.4%6.3%0.0%3.3%-1.8%431-3.0K-130.00151.97N/AN/A0040