USMC Options History — February 2021

In February 2021, USMC traded between $35.56 and $36.85. ATM implied volatility averaged 27.7%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 11.3% (HV 20d: 16.4%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 8 of 19 days.

Notable Days

  • 2021-02-18: Largest IV spike — 306.0% change
  • 2021-02-18: Highest IV Rank — 38.6%
  • 2021-02-18: Largest Expected Move — 24.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.33$35.56$36.85$35.56$35.62
ATM IV27.7%15.9%85.3%26.3%25.5%
Expected Move7.5%4.0%24.4%7.5%7.3%
HV 20d16.4%12.8%17.6%17.2%12.8%
HV 60d12.3%11.7%13.4%13.4%12.4%
IV Rank6.5%0.0%38.6%5.6%5.3%
IV Percentile20.6%0.0%92.5%15.9%19.0%
Term Structure-1.2%-7.9%7.7%-6.2%-4.3%
Skew 25d3.4%-27.8%9.5%5.2%7.2%
Skew 10d8.2%0.7%48.7%5.4%5.0%
Call IV 25d24.6%13.0%137.7%23.6%19.7%
Put IV 25d28.0%16.1%109.9%28.8%26.9%
Bid-Ask Spread %148.00133.05191.51182.76140.21
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$35.56$0.0026.3%7.5%17.2%5.6%0.0%5.2%-6.2%0000.00182.76N/AN/A0000
2021-02-02$35.99$0.0042.4%12.2%17.5%14.6%0.0%6.8%-7.9%0000.00184.37N/AN/A0000
2021-02-03$36.01$0.0026.2%7.5%17.4%5.6%0.0%0.3%-4.2%0000.00160.04N/AN/A0000
2021-02-04$36.30$0.0035.8%7.7%17.6%10.9%0.0%7.5%-0.5%0000.00144.77N/AN/A0000
2021-02-05$36.49$0.0026.7%6.3%17.0%5.5%0.0%4.5%0.0%0000.00143.20N/AN/A0000
2021-02-08$36.60$0.0015.9%4.0%17.0%0.0%0.0%1.7%7.7%0000.00133.05N/AN/A0000
2021-02-09$36.74$0.0028.6%4.3%16.8%7.1%0.0%-0.3%4.6%0000.00137.37N/AN/A0000
2021-02-10$36.53$0.0016.0%4.6%16.9%0.1%0.0%9.5%3.2%0000.00134.95N/AN/A0000
2021-02-11$36.65$0.0017.2%4.9%16.8%0.7%0.0%4.7%1.3%0000.00133.69N/AN/A0000
2021-02-12$36.76$0.0022.1%6.3%16.6%3.5%0.0%5.9%-0.3%0000.00137.88N/AN/A0000
2021-02-16$36.80$0.0021.3%6.1%16.3%3.0%0.0%4.8%-0.0%0000.00142.80N/AN/A0000
2021-02-17$36.85$0.0021.0%6.0%16.3%2.9%0.0%6.2%0.1%0000.00141.35N/AN/A0000
2021-02-18$36.70$0.0085.3%24.4%15.8%38.6%0.0%-27.8%2.7%0000.00191.51N/AN/A0000
2021-02-19$36.36$0.0022.8%6.5%16.2%3.8%0.0%6.9%-2.7%0000.00141.79N/AN/A0000
2021-02-22$36.18$0.0023.9%6.8%16.3%4.4%0.0%7.0%-3.8%0000.00141.41N/AN/A0000
2021-02-23$36.17$0.0019.3%5.5%16.3%1.9%0.0%7.0%1.7%0000.00135.58N/AN/A0000
2021-02-24$36.35$0.0019.3%5.5%16.3%1.9%0.0%4.0%-6.7%0000.00134.86N/AN/A0000
2021-02-25$35.65$0.0031.3%9.0%14.0%8.6%0.0%3.1%-6.8%0000.00150.42N/AN/A0000
2021-02-26$35.62$0.0025.5%7.3%12.8%5.3%0.0%7.2%-4.3%0000.00140.21N/AN/A0000