USMC Options History — July 2021

In July 2021, USMC traded between $39.60 and $40.99. ATM implied volatility averaged 21.5%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 12.0% (HV 20d: 9.5%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-07-08: Highest Volume — 1 contracts
  • 2021-07-19: Largest IV spike — 96.7% change
  • 2021-07-12: Highest IV Rank — 26.5%
  • 2021-07-19: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.43$39.60$40.99$39.73$40.81
Max Pain$41.00$41.00$41.00$41.00$41.00
ATM IV21.5%10.5%33.0%13.1%17.4%
Expected Move5.0%3.0%9.4%3.7%5.0%
HV 20d9.5%7.2%11.5%7.3%11.5%
HV 60d10.6%10.0%11.1%10.2%10.8%
IV Rank11.1%0.0%26.5%0.8%8.5%
IV Percentile31.1%0.0%64.3%1.2%13.1%
Term Structure-0.8%-7.2%4.6%4.6%-7.2%
VWIV15.1%12.8%17.3%12.8%17.3%
Skew 25d5.8%0.6%21.6%2.3%2.3%
Skew 10d6.1%-1.3%14.1%1.6%0.7%
Call IV 25d13.4%9.2%19.2%9.8%9.2%
Put IV 25d19.2%11.5%40.8%12.1%11.5%
Bid-Ask Spread %149.42132.03158.54148.97148.01
Gamma HHI1.001.001.001.001.00
Net GEX24905420360
Net DEX-1.3K-2.1K00-2.1K
Net VEX-3-500-4
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950100
Total OI0.7620101

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$39.73$0.0013.1%3.7%7.3%0.8%0.0%2.3%4.6%0000.00148.97N/AN/A0000
2021-07-02$40.11$0.0021.5%6.2%7.3%5.4%0.0%2.6%-5.3%0000.00157.45N/AN/A0000
2021-07-06$40.10$0.0024.5%4.7%7.2%7.0%0.0%4.7%-0.3%0000.00158.54N/AN/A0000
2021-07-07$40.27$0.0024.3%3.3%7.2%6.9%0.0%1.3%2.9%0000.00142.93N/AN/A0000
2021-07-08$39.92$0.0031.2%4.7%8.2%19.6%12.8%8.4%0.5%0000.00142.64N/AN/A1000
2021-07-09$40.33$41.0022.3%3.2%8.6%13.2%0.0%5.3%2.8%378-1.2K-50.00145.29N/AN/A0010
2021-07-12$40.43$41.0033.0%4.1%8.5%26.5%0.0%6.3%-1.3%338-1.6K-50.00155.79N/AN/A0010
2021-07-13$40.47$41.0032.8%3.3%8.5%26.2%0.0%2.4%2.8%441-1.3K-50.00132.03N/AN/A0010
2021-07-14$40.60$41.0017.1%4.9%8.5%6.8%17.3%6.5%-4.9%327-1.7K-50.00142.63N/AN/A1010
2021-07-15$40.45$41.0025.1%7.2%8.4%16.7%0.0%5.5%0.7%212-1.8K-50.00152.33N/AN/A0010
2021-07-16$40.25$41.0016.6%4.8%8.7%6.2%0.0%5.9%-0.7%323-1.4K-50.00144.52N/AN/A0010
2021-07-19$39.60$41.0032.6%9.4%9.9%26.0%0.0%21.6%-2.0%159-1.6K-50.00155.38N/AN/A0010
2021-07-20$40.23$41.0014.6%4.2%11.0%3.7%0.0%0.6%-1.9%284-1.3K-40.00151.01N/AN/A0010
2021-07-21$40.37$41.0012.1%3.5%10.8%0.7%0.0%1.8%1.8%356-1.5K-40.00152.76N/AN/A0010
2021-07-22$40.56$41.0017.9%5.1%10.9%7.8%0.0%8.1%-0.4%305-1.7K-40.00155.89N/AN/A0010
2021-07-23$40.97$41.0019.0%5.4%11.2%9.1%0.0%5.4%-0.0%295-2.1K-50.00152.60N/AN/A0010
2021-07-26$40.99$41.0010.5%3.0%11.2%0.0%0.0%5.1%3.1%542-2.1K-40.00147.78N/AN/A0010
2021-07-27$40.85$41.0020.0%5.7%11.3%11.6%0.0%5.7%-0.9%310-2.0K-40.00149.17N/AN/A0010
2021-07-28$40.94$41.0019.5%5.6%11.3%11.0%0.0%7.6%-6.9%356-2.0K-40.00147.81N/AN/A0010
2021-07-29$40.99$41.0026.8%7.7%11.3%19.9%0.0%12.9%-3.9%243-2.1K-40.00154.20N/AN/A0010
2021-07-30$40.81$41.0017.4%5.0%11.5%8.5%0.0%2.3%-7.2%360-2.1K-40.00148.01N/AN/A0010