USMC Options History — September 2021

In September 2021, USMC traded between $40.40 and $42.15. ATM implied volatility averaged 21.0%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 12.3% (HV 20d: 8.6%). Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-09-13: Highest Volume — 8 contracts
  • 2021-09-15: Largest IV spike — 163.0% change
  • 2021-09-15: Highest IV Rank — 49.0%
  • 2021-09-15: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.37$40.40$42.15$41.95$40.40
ATM IV21.0%15.0%50.3%20.7%22.8%
Expected Move5.9%4.3%14.4%5.9%6.5%
HV 20d8.6%6.6%12.3%6.6%12.3%
HV 60d9.0%8.3%10.4%8.5%10.4%
IV Rank13.6%6.4%49.0%13.2%15.8%
IV Percentile35.8%8.7%92.1%39.3%57.1%
Term Structure-2.6%-22.6%4.1%-4.2%-6.2%
Skew 25d5.9%1.3%12.2%3.1%1.3%
Skew 10d3.4%-1.0%7.2%1.7%-0.3%
Call IV 25d17.2%11.2%65.4%15.9%17.2%
Put IV 25d23.1%16.0%70.5%19.0%18.5%
Bid-Ask Spread %149.70137.16187.21141.28156.34
Gamma HHI0.740.630.880.710.71
Net GEX-324-4.8K353-319273
Net DEX6.7K-1.4K31.6K5.6K1.1K
Net VEX-79-109-54-57-100
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume10800
Total OI8.524518510

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$41.95$0.0020.7%5.9%6.6%13.2%0.0%3.1%-4.2%-3195.6K-570.00141.28N/AN/A0014
2021-09-02$41.99$0.0021.4%4.6%6.6%14.1%0.0%3.7%1.1%-3305.6K-570.00159.39N/AN/A0014
2021-09-03$42.15$0.0020.9%5.3%6.6%13.5%0.0%7.1%-0.9%-3305.6K-570.00140.72N/AN/A0014
2021-09-07$41.99$0.0018.2%5.7%6.9%10.3%0.0%7.5%-3.7%-3095.6K-560.00137.16N/AN/A0014
2021-09-08$41.93$0.0017.1%4.9%6.9%8.9%0.0%4.3%-1.2%-3165.7K-560.00156.88N/AN/A0014
2021-09-09$41.80$0.0016.1%4.6%7.0%7.7%0.0%4.0%-0.3%-3346.0K-550.00138.70N/AN/A0014
2021-09-10$41.52$0.0016.3%4.7%7.3%8.0%0.0%5.8%-2.4%-2916.0K-550.00138.91N/AN/A0014
2021-09-13$41.42$0.0021.6%6.2%7.2%14.3%0.0%9.6%-3.6%-2886.2K-550.00137.96N/AN/A0814
2021-09-14$41.24$0.0019.1%5.5%7.2%11.4%0.0%4.0%-2.6%-2996.4K-540.00143.20N/AN/A0814
2021-09-15$41.59$0.0050.3%14.4%7.7%49.0%0.0%5.1%-22.6%-2.3K24.6K-630.00187.21N/AN/A50112
2021-09-16$41.52$0.0015.0%4.3%7.3%6.4%0.0%4.0%4.1%-4.8K28.2K-610.00143.97N/AN/A00112
2021-09-17$41.24$0.0022.1%6.3%7.7%14.9%0.0%8.8%-1.0%32331.6K-1090.00144.49N/AN/A00612
2021-09-20$40.52$0.0021.2%6.1%9.4%13.9%0.0%8.7%-1.6%3031.6K-990.00147.22N/AN/A0064
2021-09-21$40.79$0.0015.8%4.5%9.3%7.3%0.0%12.2%2.9%298430-1030.00148.64N/AN/A0064
2021-09-22$41.01$0.0017.4%5.0%9.6%9.3%0.0%6.6%-0.9%347407-1030.00143.59N/AN/A0064
2021-09-23$41.49$0.0017.2%4.9%10.6%9.0%0.0%3.9%-2.0%353-812-1070.00145.78N/AN/A0064
2021-09-24$41.52$0.0018.1%5.2%10.4%10.0%0.0%3.2%0.5%323-1.4K-1070.00146.82N/AN/A0064
2021-09-27$41.34$0.0017.4%5.0%10.4%9.2%0.0%3.8%0.3%342-386-1030.00157.32N/AN/A0064
2021-09-28$40.59$0.0022.5%6.5%11.8%15.4%0.0%10.4%-1.5%320563-1010.00156.83N/AN/A0064
2021-09-29$40.78$0.0029.1%8.4%12.0%23.5%0.0%6.4%-8.6%2871.2K-990.00171.33N/AN/A0064
2021-09-30$40.40$0.0022.8%6.5%12.3%15.8%0.0%1.3%-6.2%2731.1K-1000.00156.34N/AN/A0064