USMC Options History — October 2021

In October 2021, USMC traded between $40.16 and $42.73. ATM implied volatility averaged 21.1%, placing in the 14.2% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 7.7% (HV 20d: 13.4%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.29.

Notable Days

2021-10-20: Highest Volume — 15 contracts
2021-10-04: Largest IV spike — 60.1% change
2021-10-12: Highest IV Rank — 36.3%
2021-10-01: Largest Expected Move — 6.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.46	$40.16	$42.73	$40.64	$42.73
Max Pain	$40.00	$40.00	$40.00	$40.00	$40.00
ATM IV	21.1%	14.7%	39.7%	24.2%	16.4%
Expected Move	5.1%	4.2%	6.9%	6.9%	4.7%
HV 20d	13.4%	10.3%	15.3%	12.6%	10.3%
HV 60d	10.4%	10.0%	10.9%	10.3%	10.3%
IV Rank	14.2%	6.6%	36.3%	17.4%	8.8%
IV Percentile	36.6%	7.9%	85.7%	59.5%	17.1%
Term Structure	-0.9%	-2.8%	1.9%	1.9%	-1.2%
VWIV	25.0%	21.0%	28.7%	21.0%	27.4%
Skew 25d	6.4%	3.8%	9.5%	8.0%	7.1%
Skew 10d	5.1%	2.9%	11.5%	5.6%	4.7%
Call IV 25d	13.2%	10.2%	17.8%	14.4%	13.5%
Put IV 25d	19.7%	15.3%	26.7%	22.3%	20.6%
Bid-Ask Spread %	148.77	134.07	171.81	156.94	150.36
Gamma HHI	0.52	0.45	0.78	0.78	0.58
Net GEX	593	226	727	308	600
Net DEX	-4.3K	-10.0K	4.0K	1.5K	-10.0K
Net VEX	-100	-107	-88	-98	-99
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.00	0.36	0.00	0.36
Total Volume	5.81	0	15	1	15
Total OI	10.905	10	11	10	11

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-10-01	$40.64	$0.00	24.2%	6.9%	12.6%	17.4%	0.0%	8.0%	1.9%	308	1.5K	-98	0.00	156.94	N/A	N/A	1	0	6	4
2021-10-04	$40.16	$0.00	38.7%	6.7%	12.9%	35.0%	0.0%	8.9%	-1.2%	226	4.0K	-88	0.00	171.81	N/A	N/A	0	0	6	4
2021-10-05	$40.62	$40.00	21.1%	4.7%	13.8%	13.8%	0.0%	9.4%	-0.0%	623	22	-99	0.00	134.07	N/A	N/A	0	0	7	4
2021-10-06	$40.60	$40.00	22.7%	4.8%	13.8%	15.7%	0.0%	8.5%	0.5%	640	105	-98	0.00	135.38	N/A	N/A	0	0	7	4
2021-10-07	$41.07	$40.00	19.6%	5.0%	14.5%	11.9%	0.0%	4.7%	0.0%	614	-2.7K	-104	0.00	136.31	N/A	N/A	0	0	7	4
2021-10-08	$41.03	$40.00	29.8%	5.2%	14.4%	24.2%	0.0%	5.5%	0.1%	571	-3.3K	-107	0.00	157.57	N/A	N/A	0	0	7	4
2021-10-11	$40.77	$40.00	28.4%	4.8%	14.5%	22.5%	0.0%	4.9%	-1.2%	581	-2.9K	-103	0.00	142.88	N/A	N/A	0	0	7	4
2021-10-12	$40.47	$40.00	39.7%	6.0%	14.7%	36.3%	21.0%	9.5%	-1.8%	574	-1.8K	-99	0.00	139.02	N/A	N/A	1	0	7	4
2021-10-13	$40.54	$40.00	17.0%	4.9%	14.3%	8.8%	0.0%	9.2%	-1.2%	585	-963	-100	0.00	140.67	N/A	N/A	0	0	7	4
2021-10-14	$41.10	$40.00	16.4%	4.7%	15.2%	8.9%	0.0%	5.4%	-0.5%	658	-2.5K	-100	0.00	143.77	N/A	N/A	0	0	7	4
2021-10-15	$41.40	$40.00	16.0%	4.6%	15.3%	8.3%	0.0%	3.8%	0.3%	635	-4.1K	-103	0.00	148.40	N/A	N/A	0	0	7	4
2021-10-18	$41.52	$40.00	17.3%	5.0%	13.8%	10.0%	0.0%	6.0%	-0.3%	656	-4.7K	-102	0.00	158.82	N/A	N/A	0	0	7	4
2021-10-19	$41.88	$40.00	16.7%	4.8%	13.9%	9.2%	0.0%	8.0%	-2.8%	661	-5.6K	-102	0.00	144.90	N/A	N/A	0	0	7	4
2021-10-20	$42.11	$40.00	14.7%	4.2%	13.9%	6.6%	22.4%	6.0%	-0.4%	727	-6.9K	-101	0.36	140.77	N/A	N/A	11	4	7	4
2021-10-21	$42.11	$40.00	16.6%	4.8%	13.4%	9.1%	23.6%	4.5%	-1.1%	641	-7.1K	-102	0.36	154.94	N/A	N/A	11	4	7	4
2021-10-22	$42.14	$40.00	16.6%	4.8%	13.4%	9.1%	22.6%	4.5%	-1.2%	652	-7.4K	-103	0.36	154.41	N/A	N/A	11	4	7	4
2021-10-25	$42.32	$40.00	18.1%	5.2%	13.3%	11.1%	23.6%	5.2%	-2.1%	632	-8.1K	-101	0.36	153.33	N/A	N/A	11	4	7	4
2021-10-26	$42.51	$40.00	16.7%	4.8%	11.1%	9.2%	27.6%	5.5%	-1.8%	616	-9.4K	-100	0.36	154.21	N/A	N/A	11	4	7	4
2021-10-27	$42.41	$40.00	18.5%	5.3%	11.2%	11.6%	27.8%	4.6%	-2.2%	625	-8.4K	-100	0.36	152.51	N/A	N/A	11	4	7	4
2021-10-28	$42.53	$40.00	17.4%	5.0%	10.4%	10.2%	28.7%	6.2%	-2.0%	620	-9.1K	-99	0.36	153.15	N/A	N/A	11	4	7	4
2021-10-29	$42.73	$40.00	16.4%	4.7%	10.3%	8.8%	27.4%	7.1%	-1.2%	600	-10.0K	-99	0.36	150.36	N/A	N/A	11	4	7	4