USMC Options History — July 2022

In July 2022, USMC traded between $36.61 and $39.61. ATM implied volatility averaged 27.2%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 3.5% (HV 20d: 23.7%). Max pain ranged from $37.00 to $37.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2022-07-29: Highest Volume — 90 contracts
  • 2022-07-07: Largest IV spike — 97.0% change
  • 2022-07-08: Highest IV Rank — 68.9%
  • 2022-07-18: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.71$36.61$39.61$36.61$39.61
Max Pain$37.00$37.00$37.00$37.00$37.00
ATM IV27.2%15.8%44.0%16.1%23.6%
Expected Move7.7%4.6%11.1%4.6%6.8%
HV 20d23.7%17.7%30.4%29.6%18.4%
HV 60d26.6%25.8%27.1%26.5%26.2%
IV Rank35.1%12.3%68.9%12.9%27.9%
IV Percentile68.3%10.7%98.4%12.3%56.7%
Term Structure-3.2%-13.5%11.9%11.9%-1.1%
VWIV27.9%27.9%27.9%27.9%27.9%
Skew 25d8.4%1.0%18.7%12.7%2.8%
Skew 10d6.7%0.9%19.9%2.7%0.9%
Call IV 25d20.0%13.2%28.4%23.9%18.9%
Put IV 25d28.4%21.2%36.5%36.5%21.7%
Bid-Ask Spread %137.94122.42158.96128.88141.12
Gamma HHI0.750.451.000.500.52
Net GEX534-4.9K8.9K-9258.9K
Net DEX-11.2K-87.8K14.1K10.1K-87.8K
Net VEX-120-531-74-106-531
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume26.520902190
Total OI2820703170

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$36.61$37.0016.1%4.6%29.6%12.9%27.9%12.7%11.9%-92510.1K-1060.00128.88N/AN/A2102110
2022-07-05$36.73$0.0015.8%7.6%29.6%12.3%0.0%15.8%-1.6%-9528.8K-1070.00127.27N/AN/A2102110
2022-07-06$37.21$0.0019.4%8.9%30.2%19.4%0.0%15.3%-13.5%-2.4K3.0K-1070.00122.42N/AN/A2102110
2022-07-07$37.61$0.0038.2%7.3%30.3%57.1%0.0%13.8%-0.9%209-6.9K-1250.00133.09N/AN/A2102110
2022-07-08$37.69$0.0044.0%8.8%30.4%68.9%0.0%14.9%-4.5%330-6.5K-1200.00127.87N/AN/A2102110
2022-07-11$37.23$0.0025.0%7.4%30.1%30.7%0.0%18.7%-2.2%-3.3K-2.5K-1150.00130.36N/AN/A2102110
2022-07-12$36.71$0.0027.3%7.3%28.4%35.3%0.0%13.2%-3.1%-3.5K4.2K-1060.00130.71N/AN/A2102110
2022-07-13$36.68$0.0024.2%6.9%24.9%29.0%0.0%13.1%-6.1%-4.2K14.1K-760.00125.06N/AN/A2102110
2022-07-14$36.71$0.0026.0%7.4%24.5%32.6%0.0%6.7%0.5%-4.9K13.5K-740.00134.31N/AN/A2102110
2022-07-15$37.34$0.0032.5%9.3%23.3%45.7%0.0%5.0%-1.1%-2.4K-3.8K-950.00155.86N/AN/A2102110
2022-07-18$37.00$0.0038.6%11.1%19.3%57.9%0.0%7.2%-10.8%2.0K-18.9K-970.00158.96N/AN/A200200
2022-07-19$37.97$0.0026.7%7.7%21.1%34.0%0.0%5.4%-5.1%2.5K-16.4K-920.00142.73N/AN/A200200
2022-07-20$38.38$0.0028.6%8.2%19.7%37.9%0.0%4.3%-2.4%2.5K-19.7K-990.00141.20N/AN/A200200
2022-07-21$38.70$0.0026.8%7.7%19.8%34.3%0.0%5.7%-1.5%2.7K-20.0K-970.00138.73N/AN/A200200
2022-07-22$38.20$0.0023.2%6.6%20.5%26.9%0.0%1.0%-6.4%3.1K-18.2K-910.00143.62N/AN/A200200
2022-07-25$38.21$0.0027.5%7.9%18.6%35.6%0.0%2.7%-7.3%2.7K-17.7K-860.00143.18N/AN/A200200
2022-07-26$37.85$0.0029.0%8.3%18.9%38.6%0.0%5.7%-2.4%2.5K-17.4K-880.00150.32N/AN/A200200
2022-07-27$38.48$0.0027.0%7.7%17.7%34.6%0.0%2.2%-4.4%2.7K-19.5K-950.00139.56N/AN/A200200
2022-07-28$39.19$0.0025.1%7.2%18.5%30.9%0.0%1.5%-1.2%3.2K-22.2K-970.00143.58N/AN/A700200
2022-07-29$39.61$0.0023.6%6.8%18.4%27.9%0.0%2.8%-1.1%8.9K-87.8K-5310.00141.12N/AN/A900700