USMC Options History — October 2020

In October 2020, USMC traded between $31.23 and $34.05. ATM implied volatility averaged 43.9%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 25.4% (HV 20d: 18.5%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 6 of 22 days.

Notable Days

  • 2020-10-16: Highest Volume — 1 contracts
  • 2020-10-06: Largest IV spike — 162.5% change
  • 2020-10-13: Highest IV Rank — 43.9%
  • 2020-10-02: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.95$31.23$34.05$32.81$31.23
Max Pain$33.00$33.00$33.00$33.00$33.00
ATM IV43.9%16.8%92.5%52.3%54.6%
Expected Move10.4%4.8%16.8%15.0%15.7%
HV 20d18.5%15.4%23.6%23.6%21.3%
HV 60d17.8%16.7%19.8%16.7%19.8%
IV Rank17.5%2.8%43.9%22.1%23.3%
IV Percentile50.6%4.8%94.8%71.0%74.6%
Term Structure-4.1%-31.0%23.7%-14.7%-11.0%
VWIV26.6%26.6%26.6%26.6%26.6%
Skew 25d8.3%-3.8%17.8%7.1%14.6%
Skew 10d6.9%-8.9%19.0%10.5%3.9%
Call IV 25d25.3%14.5%39.8%36.6%38.1%
Put IV 25d33.6%18.1%56.7%43.7%52.8%
Bid-Ask Spread %171.01143.41183.83176.81175.51
Gamma HHI1.001.001.001.001.00
Net GEX-60-21100-93
Net DEX77502.0K02.0K
Net VEX-2-400-3
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0450100
Total OI0.4550101

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$32.81$0.0052.3%15.0%23.6%22.1%0.0%7.1%-14.7%0000.00176.81N/AN/A0000
2020-10-02$32.52$0.0058.5%16.8%19.8%25.5%0.0%17.0%-31.0%0000.00183.83N/AN/A0000
2020-10-05$32.91$0.0022.4%5.1%20.4%5.8%0.0%1.2%1.7%0000.00175.44N/AN/A0000
2020-10-06$32.52$0.0058.8%11.1%19.2%25.6%0.0%14.1%-2.7%0000.00176.77N/AN/A0000
2020-10-07$33.08$0.0048.3%9.4%19.2%19.9%0.0%17.8%-4.7%0000.00181.69N/AN/A0000
2020-10-08$33.23$0.0030.6%11.9%18.1%10.3%0.0%14.9%-22.2%0000.00164.77N/AN/A0000
2020-10-09$33.51$0.0036.4%5.3%18.3%13.5%0.0%-3.8%23.7%0000.00159.93N/AN/A0000
2020-10-12$34.05$0.0080.8%7.1%18.4%37.5%0.0%3.5%4.9%0000.00169.57N/AN/A0000
2020-10-13$33.98$0.0092.5%8.2%18.4%43.9%0.0%4.2%10.8%0000.00180.86N/AN/A0000
2020-10-14$33.64$0.0016.8%4.8%18.8%2.8%0.0%1.1%5.0%0000.00176.94N/AN/A0000
2020-10-15$33.44$0.0038.9%11.2%18.0%14.8%0.0%4.5%-10.9%0000.00181.30N/AN/A0000
2020-10-16$33.59$0.0038.3%11.0%17.9%14.5%26.6%9.9%-3.8%0000.00173.83N/AN/A0100
2020-10-19$32.95$33.0032.8%9.4%18.6%11.5%0.0%13.9%-0.1%-1321.6K-40.00179.73N/AN/A0001
2020-10-20$33.16$33.0041.6%11.9%17.9%16.3%0.0%9.8%-7.4%-1131.5K-40.00180.55N/AN/A0001
2020-10-21$33.02$33.0025.1%7.2%15.8%7.3%0.0%8.6%-4.1%-1831.6K-40.00143.41N/AN/A0001
2020-10-22$33.18$33.0046.8%13.4%15.8%19.1%0.0%4.2%-4.8%-1021.6K-40.00155.88N/AN/A0001
2020-10-23$33.19$33.0022.7%6.5%15.4%6.0%0.0%9.4%2.9%-2111.5K-40.00145.13N/AN/A0001
2020-10-26$32.53$33.0044.1%12.7%16.5%17.6%0.0%7.1%-6.8%-1131.7K-30.00177.16N/AN/A0001
2020-10-27$32.69$33.0030.3%8.7%16.6%10.1%0.0%5.1%-2.2%-1681.7K-30.00152.25N/AN/A0001
2020-10-28$31.69$33.0052.5%15.1%19.8%22.2%0.0%10.0%-11.2%-971.9K-30.00178.38N/AN/A0001
2020-10-29$31.94$33.0041.1%11.8%20.1%16.0%0.0%7.6%-0.9%-1131.9K-30.00172.48N/AN/A0001
2020-10-30$31.23$33.0054.6%15.7%21.3%23.3%0.0%14.6%-11.0%-932.0K-30.00175.51N/AN/A0001