USMC Options History — April 2021

In April 2021, USMC traded between $36.99 and $38.63. ATM implied volatility averaged 21.5%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 11.7% (HV 20d: 9.9%). Max pain ranged from $36.00 to $36.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-04-13: Highest Volume — 1 contracts
  • 2021-04-12: Largest IV spike — 112.6% change
  • 2021-04-13: Highest IV Rank — 15.8%
  • 2021-04-30: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.15$36.99$38.63$36.99$38.39
Max Pain$36.00$36.00$36.00$36.00$36.00
ATM IV21.5%13.0%43.3%16.3%23.2%
Expected Move5.2%3.7%6.6%4.7%6.6%
HV 20d9.9%9.2%10.9%10.9%10.1%
HV 60d13.6%11.6%14.5%14.2%11.7%
IV Rank3.9%0.0%15.8%0.9%5.6%
IV Percentile18.9%0.0%73.0%2.4%28.6%
Term Structure-0.7%-4.4%2.1%0.5%-4.4%
Skew 25d5.1%2.1%8.2%4.0%5.3%
Skew 10d5.1%2.6%8.8%2.6%5.2%
Call IV 25d14.0%10.5%20.0%13.0%17.5%
Put IV 25d19.1%14.4%23.0%17.0%22.8%
Bid-Ask Spread %149.03138.15155.30150.44151.99
Gamma HHI1.001.001.001.001.00
Net GEX1503213210
Net DEX-141-3.0K0-3.0K0
Net VEX-0-20-20
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480100
Total OI0.0480110

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$36.99$36.0016.3%4.7%10.9%0.9%0.0%4.0%0.5%321-3.0K-20.00150.44N/AN/A0010
2021-04-05$37.56$0.0018.2%4.3%9.9%2.0%0.0%7.1%0.2%0000.00154.24N/AN/A0000
2021-04-06$37.54$0.0027.8%4.8%9.9%7.2%0.0%5.6%0.4%0000.00149.86N/AN/A0000
2021-04-07$37.63$0.0021.4%4.3%9.3%3.7%0.0%7.7%-2.9%0000.00138.15N/AN/A0000
2021-04-08$37.76$0.0020.0%4.5%9.3%2.9%0.0%4.8%0.8%0000.00150.60N/AN/A0000
2021-04-09$38.00$0.0018.4%4.1%9.3%2.1%0.0%5.0%0.5%0000.00140.96N/AN/A0000
2021-04-12$38.10$0.0039.2%5.4%9.2%13.6%0.0%5.4%-1.7%0000.00154.81N/AN/A0000
2021-04-13$38.27$0.0043.3%5.6%9.2%15.8%0.0%5.3%-3.3%0000.00146.77N/AN/A1000
2021-04-14$37.94$0.0018.7%5.3%10.0%2.2%0.0%2.3%-0.9%0000.00154.31N/AN/A0000
2021-04-15$38.44$0.0019.2%5.5%10.7%2.5%0.0%6.6%-1.5%0000.00153.42N/AN/A0000
2021-04-16$38.63$0.0018.2%5.2%9.6%1.9%0.0%3.0%-0.3%0000.00155.30N/AN/A0000
2021-04-19$38.44$0.0020.1%5.8%10.0%3.0%0.0%7.1%-2.4%0000.00151.17N/AN/A0000
2021-04-20$38.26$0.0020.8%6.0%10.2%3.4%0.0%4.8%-0.0%0000.00152.37N/AN/A0000
2021-04-21$38.47$0.0015.7%4.5%10.0%0.6%0.0%5.1%-0.1%0000.00143.40N/AN/A0000
2021-04-22$38.26$0.0018.5%5.3%10.2%2.1%0.0%8.2%1.3%0000.00142.37N/AN/A0000
2021-04-23$38.54$0.0014.4%4.1%10.3%0.0%0.0%2.1%2.1%0000.00142.93N/AN/A0000
2021-04-26$38.44$0.0021.8%6.3%10.2%4.1%0.0%4.6%-1.1%0000.00148.39N/AN/A0000
2021-04-27$38.42$0.0021.6%6.2%9.9%4.0%0.0%5.1%-0.0%0000.00150.62N/AN/A0000
2021-04-28$38.40$0.0022.1%6.3%9.5%4.3%0.0%4.4%-3.7%0000.00152.32N/AN/A0000
2021-04-29$38.63$0.0013.0%3.7%9.6%0.0%0.0%4.2%1.8%0000.00145.26N/AN/A0000
2021-04-30$38.39$0.0023.2%6.6%10.1%5.6%0.0%5.3%-4.4%0000.00151.99N/AN/A0000