USMC Options History — September 2022

In September 2022, USMC traded between $34.13 and $38.74. ATM implied volatility averaged 33.3%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 9.4% (HV 20d: 23.8%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2022-09-06: Highest Volume — 90 contracts
2022-09-14: Largest IV drop — 63.1% change
2022-09-13: Highest IV Rank — 100.0%
2022-09-30: Largest Expected Move — 11.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.34	$34.13	$38.74	$37.32	$34.13
Max Pain	$41.00	$41.00	$41.00	$41.00	$41.00
ATM IV	33.3%	23.2%	62.7%	31.1%	41.2%
Expected Move	8.1%	5.6%	11.8%	8.9%	11.8%
HV 20d	23.8%	19.0%	26.6%	19.6%	26.6%
HV 60d	21.9%	20.9%	23.6%	23.5%	22.2%
IV Rank	40.4%	18.6%	100.0%	37.3%	55.6%
IV Percentile	79.9%	48.4%	100.0%	88.1%	96.4%
Term Structure	-4.4%	-14.1%	-1.0%	-7.4%	-14.1%
Skew 25d	8.2%	-6.0%	22.2%	5.9%	22.2%
Skew 10d	4.9%	-6.1%	15.7%	1.6%	15.7%
Call IV 25d	22.3%	13.7%	34.3%	23.4%	29.1%
Put IV 25d	30.5%	21.2%	51.3%	29.3%	51.3%
Bid-Ask Spread %	139.85	123.78	153.63	142.30	127.86
Gamma HHI	0.50	0.39	0.60	0.45	0.53
Net GEX	4.2K	418	14.1K	7.6K	617
Net DEX	-13.6K	-70.6K	8.2K	-27.4K	6.5K
Net VEX	-266	-446	-162	-338	-188
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	29.095	0	90	0	50
Total OI	92	61	121	120	61

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	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-09-01	$37.32	$41.00	31.1%	8.9%	19.6%	37.3%	0.0%	5.9%	-7.4%	7.6K	-27.4K	-338	142.30	N/A	N/A	0	0	110	10
2022-09-02	$36.92	$41.00	27.7%	7.9%	19.8%	29.8%	0.0%	-6.0%	-7.2%	5.6K	-26.7K	-345	139.10	N/A	N/A	0	0	110	10
2022-09-06	$36.96	$0.00	41.3%	8.6%	19.9%	59.8%	0.0%	12.0%	-9.6%	7.3K	-34.6K	-366	131.25	N/A	N/A	90	0	110	10
2022-09-07	$37.48	$0.00	28.2%	7.0%	20.7%	30.9%	0.0%	5.5%	-4.0%	4.1K	-19.7K	-332	129.01	N/A	N/A	90	0	110	10
2022-09-08	$37.58	$0.00	34.0%	6.2%	19.0%	43.6%	0.0%	5.6%	-1.0%	7.5K	-24.8K	-313	145.24	N/A	N/A	0	0	110	10
2022-09-09	$38.43	$0.00	38.8%	6.3%	21.0%	54.4%	0.0%	6.7%	-2.3%	12.7K	-51.1K	-372	153.63	N/A	N/A	0	0	110	10
2022-09-12	$38.74	$0.00	44.5%	5.6%	20.1%	66.8%	0.0%	3.3%	-1.2%	14.1K	-70.6K	-446	153.56	N/A	N/A	0	0	110	10
2022-09-13	$36.99	$0.00	62.7%	7.8%	25.0%	100.0%	0.0%	10.3%	-1.4%	8.1K	-37.1K	-354	127.61	N/A	N/A	90	0	110	10
2022-09-14	$37.53	$0.00	23.2%	6.6%	25.9%	18.6%	0.0%	13.1%	-1.9%	6.7K	-20.3K	-272	151.56	N/A	N/A	0	1	110	10
2022-09-15	$37.01	$0.00	24.1%	6.9%	26.0%	20.4%	0.0%	6.7%	-2.4%	3.8K	-10.1K	-250	147.92	N/A	N/A	0	0	110	11
2022-09-16	$36.43	$0.00	30.6%	8.8%	26.3%	33.8%	0.0%	14.1%	-3.4%	2.9K	-11.2K	-287	136.50	N/A	N/A	90	0	110	11
2022-09-19	$36.57	$0.00	25.3%	7.2%	26.3%	22.9%	0.0%	5.5%	-3.2%	1.4K	32	-217	148.63	N/A	N/A	0	0	50	11
2022-09-20	$36.38	$0.00	27.1%	7.8%	25.4%	26.6%	0.0%	5.1%	-3.2%	1.3K	1.2K	-198	149.01	N/A	N/A	0	0	50	11
2022-09-21	$35.72	$0.00	25.6%	7.3%	25.9%	23.5%	0.0%	-2.4%	-2.8%	754	5.0K	-182	142.21	N/A	N/A	0	0	50	11
2022-09-22	$35.72	$0.00	24.5%	7.0%	25.8%	21.2%	0.0%	4.7%	-3.0%	418	7.6K	-162	141.48	N/A	N/A	0	0	50	11
2022-09-23	$34.87	$0.00	29.2%	8.4%	26.1%	30.9%	0.0%	6.6%	-4.4%	607	3.8K	-200	147.94	N/A	N/A	0	0	50	11
2022-09-26	$34.62	$0.00	32.4%	9.3%	24.2%	37.5%	0.0%	15.7%	-2.7%	961	2.3K	-225	132.51	N/A	N/A	50	0	50	11
2022-09-27	$34.37	$0.00	36.6%	10.5%	24.2%	46.3%	0.0%	7.2%	-5.8%	543	8.2K	-179	132.31	N/A	N/A	50	0	50	11
2022-09-28	$35.12	$0.00	38.0%	10.9%	26.0%	49.0%	0.0%	18.0%	-5.7%	529	7.2K	-179	123.78	N/A	N/A	50	0	50	11
2022-09-29	$34.34	$0.00	33.0%	9.5%	26.6%	38.9%	0.0%	12.2%	-5.8%	517	7.0K	-181	133.46	N/A	N/A	50	0	50	11
2022-09-30	$34.13	$0.00	41.2%	11.8%	26.6%	55.6%	0.0%	22.2%	-14.1%	617	6.5K	-188	127.86	N/A	N/A	50	0	50	11