USMC Options History — December 2020

In December 2020, USMC traded between $34.82 and $35.62. ATM implied volatility averaged 34.6%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 25.0% (HV 20d: 9.6%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 7 of 22 days.

Notable Days

  • 2020-12-04: Largest IV spike — 156.0% change
  • 2020-12-07: Highest IV Rank — 20.7%
  • 2020-12-30: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.15$34.82$35.62$34.82$35.62
ATM IV34.6%17.7%51.1%38.6%43.5%
Expected Move9.5%4.7%13.5%11.1%12.5%
HV 20d9.6%7.0%15.0%15.0%7.2%
HV 60d17.2%15.7%19.4%19.4%15.7%
IV Rank11.5%1.1%20.7%14.6%15.2%
IV Percentile38.8%3.2%71.8%48.0%59.5%
Term Structure-1.3%-15.2%49.5%-9.1%-10.1%
Skew 25d8.5%-6.2%29.3%-6.2%7.5%
Skew 10d10.3%-2.2%28.1%-2.2%9.7%
Call IV 25d22.6%13.1%35.2%33.3%34.2%
Put IV 25d31.1%16.7%43.9%27.1%41.7%
Bid-Ask Spread %169.74140.12187.60140.12180.42
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$34.82$0.0038.6%11.1%15.0%14.6%0.0%-6.2%-9.1%0000.00140.12N/AN/A0000
2020-12-02$34.88$0.0045.0%12.9%13.6%18.1%0.0%1.3%-9.9%0000.00144.54N/AN/A0000
2020-12-03$34.84$0.0018.4%5.2%12.4%2.8%0.0%4.9%2.8%0000.00142.86N/AN/A0000
2020-12-04$35.02$0.0047.1%9.6%11.9%18.5%0.0%14.3%-5.5%0000.00187.60N/AN/A0000
2020-12-07$35.03$0.0051.1%9.9%11.9%20.7%0.0%14.2%-3.4%0000.00187.13N/AN/A0000
2020-12-08$35.25$0.0020.3%4.7%11.3%3.9%0.0%7.2%5.1%0000.00147.13N/AN/A0000
2020-12-09$34.95$0.0017.7%5.1%11.3%2.4%0.0%3.6%3.6%0000.00148.51N/AN/A0000
2020-12-10$34.92$0.0034.9%10.0%11.1%11.8%0.0%29.3%-1.9%0000.00185.94N/AN/A0000
2020-12-11$34.95$0.0035.6%10.2%10.0%12.2%0.0%12.8%-7.4%0000.00182.53N/AN/A0000
2020-12-14$34.86$0.0032.4%9.3%8.5%10.5%0.0%17.5%-5.6%0000.00148.91N/AN/A0000
2020-12-15$35.12$0.0027.6%7.9%8.8%7.8%0.0%8.5%12.7%0000.00170.03N/AN/A0000
2020-12-16$35.21$0.0036.8%10.5%8.8%12.9%0.0%19.2%-6.3%0000.00186.42N/AN/A0000
2020-12-17$35.34$0.0037.0%10.6%8.1%13.0%0.0%5.1%49.5%0000.00185.90N/AN/A0000
2020-12-18$35.19$0.0017.8%5.1%8.3%2.5%0.0%3.8%14.0%0000.00144.99N/AN/A0000
2020-12-21$35.14$0.0027.3%7.8%8.2%7.7%0.0%5.8%-2.8%0000.00186.39N/AN/A0000
2020-12-22$35.08$0.0040.5%11.6%8.3%14.9%0.0%12.5%-8.5%0000.00186.03N/AN/A0000
2020-12-23$35.23$0.0039.8%11.4%7.0%14.5%0.0%5.9%-8.7%0000.00184.99N/AN/A0000
2020-12-24$35.23$0.0040.6%11.6%7.0%15.0%0.0%6.1%-9.4%0000.00183.61N/AN/A0000
2020-12-28$35.61$0.0017.9%5.1%7.8%1.1%0.0%5.1%1.3%0000.00147.84N/AN/A0000
2020-12-29$35.49$0.0044.9%12.9%7.9%16.0%0.0%4.0%-13.9%0000.00181.08N/AN/A0000
2020-12-30$35.46$0.0047.1%13.5%7.1%17.2%0.0%4.2%-15.2%0000.00181.27N/AN/A0000
2020-12-31$35.62$0.0043.5%12.5%7.2%15.2%0.0%7.5%-10.1%0000.00180.42N/AN/A0000