USMC Options History — August 2021

In August 2021, USMC traded between $40.75 and $42.11. ATM implied volatility averaged 16.2%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 7.9% (HV 20d: 8.3%). Max pain ranged from $40.00 to $41.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2021-08-11: Highest Volume — 10 contracts
2021-08-10: Largest IV spike — 110.7% change
2021-08-10: Highest IV Rank — 18.5%
2021-08-04: Largest Expected Move — 6.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.51	$40.75	$42.11	$40.75	$41.97
Max Pain	$40.43	$40.00	$41.00	$41.00	$40.00
ATM IV	16.2%	9.7%	25.7%	17.9%	15.4%
Expected Move	4.5%	2.8%	6.3%	5.1%	4.4%
HV 20d	8.3%	5.8%	11.3%	11.1%	6.6%
HV 60d	9.2%	8.4%	10.8%	10.8%	8.5%
IV Rank	7.5%	0.0%	18.5%	9.0%	6.9%
IV Percentile	15.0%	0.0%	54.0%	15.9%	10.3%
Term Structure	0.0%	-11.8%	9.5%	-7.1%	0.3%
VWIV	16.3%	15.8%	16.9%	16.9%	15.8%
Skew 25d	5.3%	1.7%	9.8%	4.9%	2.2%
Skew 10d	6.5%	1.2%	13.6%	8.7%	3.0%
Call IV 25d	12.5%	7.4%	20.6%	15.1%	13.5%
Put IV 25d	17.8%	10.4%	27.5%	20.0%	15.6%
Bid-Ask Spread %	136.99	129.68	154.10	152.80	134.86
Gamma HHI	0.85	0.40	1.00	1.00	0.73
Net GEX	570	-326	2.5K	363	-310
Net DEX	-4.6K	-29.6K	6.0K	-1.9K	5.7K
Net VEX	-41	-99	-2	-4	-57
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	1.182	0	10	0	0
Total OI	4.545	1	12	1	5

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-08-02	$40.75	$41.00	17.9%	5.1%	11.1%	9.0%	0.0%	4.9%	-7.1%	363	-1.9K	-4	152.80	N/A	N/A	0	0	1	0
2021-08-03	$41.02	$41.00	20.9%	6.0%	11.3%	12.7%	0.0%	7.1%	-2.0%	382	-2.1K	-4	149.07	N/A	N/A	0	0	1	0
2021-08-04	$40.99	$41.00	21.9%	6.3%	11.2%	13.9%	0.0%	6.9%	-11.8%	329	-2.1K	-3	154.10	N/A	N/A	0	0	1	0
2021-08-05	$41.14	$0.00	10.5%	3.1%	10.7%	0.0%	0.0%	1.7%	5.2%	562	-2.3K	-3	133.36	N/A	N/A	0	0	1	0
2021-08-06	$41.20	$0.00	13.6%	3.5%	10.2%	3.7%	0.0%	5.7%	4.6%	499	-2.3K	-3	129.68	N/A	N/A	0	0	1	0
2021-08-09	$41.22	$0.00	12.2%	3.1%	10.2%	2.1%	0.0%	1.9%	5.6%	630	-2.4K	-3	131.38	N/A	N/A	0	0	1	0
2021-08-10	$41.28	$0.00	25.7%	5.3%	10.2%	18.5%	0.0%	6.2%	-1.7%	348	-2.3K	-3	143.43	N/A	N/A	0	0	1	0
2021-08-11	$41.28	$0.00	15.5%	4.4%	10.1%	6.1%	0.0%	4.5%	-1.8%	533	-2.5K	-3	133.76	N/A	N/A	10	0	1	0
2021-08-12	$41.48	$0.00	9.7%	2.8%	10.1%	0.0%	0.0%	3.1%	7.0%	556	-2.8K	-2	134.71	N/A	N/A	0	0	1	0
2021-08-13	$41.64	$0.00	10.8%	3.1%	9.9%	1.3%	16.9%	4.0%	2.8%	2.3K	-26.3K	-98	136.75	N/A	N/A	1	0	11	0
2021-08-16	$41.81	$0.00	16.9%	4.8%	7.2%	8.6%	15.8%	6.7%	-1.1%	2.4K	-27.1K	-94	135.52	N/A	N/A	1	0	11	0
2021-08-17	$41.63	$40.00	17.3%	5.0%	5.8%	9.2%	0.0%	7.6%	-3.1%	2.5K	-29.6K	-99	137.04	N/A	N/A	10	0	12	0
2021-08-18	$41.34	$40.00	17.0%	4.9%	6.5%	8.8%	0.0%	3.1%	0.1%	2.5K	-28.7K	-98	132.92	N/A	N/A	0	4	12	0
2021-08-19	$41.37	$40.00	15.6%	4.5%	6.4%	7.0%	0.0%	6.3%	9.5%	978	-7.9K	-14	133.87	N/A	N/A	0	0	3	0
2021-08-20	$41.67	$40.00	19.3%	5.5%	5.9%	11.6%	0.0%	9.8%	-0.4%	-81	-1.2K	-62	131.42	N/A	N/A	0	0	3	4
2021-08-23	$41.98	$0.00	15.7%	4.5%	6.3%	7.2%	0.0%	5.9%	-1.1%	-299	5.8K	-58	132.13	N/A	N/A	0	0	1	4
2021-08-24	$41.87	$0.00	14.2%	4.1%	6.3%	5.5%	0.0%	5.3%	-1.4%	-315	5.9K	-58	139.39	N/A	N/A	0	0	1	4
2021-08-25	$41.88	$0.00	16.5%	4.7%	6.3%	8.2%	0.0%	3.9%	-1.1%	-306	5.8K	-58	134.05	N/A	N/A	0	0	1	4
2021-08-26	$41.65	$0.00	15.3%	4.4%	6.7%	6.7%	0.0%	5.8%	-1.1%	-304	6.0K	-58	131.48	N/A	N/A	0	0	1	4
2021-08-27	$41.85	$0.00	15.3%	4.4%	6.5%	6.7%	0.0%	5.3%	1.2%	-307	6.0K	-57	134.75	N/A	N/A	0	0	1	4
2021-08-30	$42.11	$0.00	18.8%	5.4%	6.7%	10.9%	0.0%	7.5%	-2.6%	-326	5.8K	-57	137.32	N/A	N/A	0	0	1	4
2021-08-31	$41.97	$0.00	15.4%	4.4%	6.6%	6.9%	0.0%	2.2%	0.3%	-310	5.7K	-57	134.86	N/A	N/A	0	0	1	4