USMC Options History — December 2022

In December 2022, USMC traded between $35.57 and $38.45. ATM implied volatility averaged 31.2%, placing in the 33.6% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 10.4% (HV 20d: 20.8%). Max pain ranged from $43.00 to $43.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2022-12-14: Largest IV drop — 55.1% change
  • 2022-12-12: Highest IV Rank — 85.7%
  • 2022-12-02: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.89$35.57$38.45$38.45$36.03
Max Pain$43.00$43.00$43.00$43.00$43.00
ATM IV31.2%22.0%56.0%30.1%28.6%
Expected Move7.1%5.8%8.8%8.6%8.2%
HV 20d20.8%17.4%24.2%23.1%19.2%
HV 60d23.9%23.0%25.8%25.8%23.1%
IV Rank33.6%14.3%85.7%31.4%28.3%
IV Percentile59.7%22.2%99.2%67.9%57.9%
Term Structure-3.0%-9.1%14.2%-8.9%-4.8%
Skew 25d3.5%-2.2%8.5%2.9%4.9%
Skew 10d4.2%-1.6%16.5%0.8%1.1%
Call IV 25d20.0%14.2%27.5%23.2%21.5%
Put IV 25d23.5%19.2%33.1%26.1%26.4%
Bid-Ask Spread %160.21144.60171.78144.98162.71
Gamma HHI0.780.501.000.671.00
Net GEX-412-1.2K1.9K1.9K-1.2K
Net DEX6.4K-1.0K9.1K-1.0K8.2K
Net VEX-56-83-48-83-49
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI38.57110606010

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$38.45$43.0030.1%8.6%23.1%31.4%0.0%2.9%-8.9%1.9K-1.0K-830.00144.98N/AN/A005010
2022-12-02$38.23$43.0030.6%8.8%22.7%32.3%0.0%3.9%-9.1%1.3K1.2K-750.00144.60N/AN/A005010
2022-12-05$37.66$0.0033.8%6.1%23.7%39.0%0.0%1.8%-2.7%3824.3K-630.00163.78N/AN/A005010
2022-12-06$37.01$0.0028.6%5.8%24.2%28.2%0.0%7.8%-3.3%-6096.6K-520.00157.90N/AN/A005010
2022-12-07$36.98$0.0034.5%6.0%24.2%40.6%0.0%3.2%-1.8%-5466.3K-540.00156.45N/AN/A005010
2022-12-08$37.34$0.0042.0%6.8%23.4%56.3%0.0%8.5%-2.6%715.4K-600.00165.64N/AN/A005010
2022-12-09$37.23$0.0044.4%6.9%17.5%61.4%0.0%2.4%-3.3%-495.6K-570.00166.96N/AN/A005010
2022-12-12$37.58$0.0056.0%6.8%17.4%85.7%0.0%4.3%-2.4%6192.9K-600.00165.20N/AN/A005010
2022-12-13$38.03$0.0049.9%6.3%17.9%73.0%0.0%-0.1%-1.6%-414.9K-480.00158.48N/AN/A005010
2022-12-14$37.77$0.0022.4%6.4%18.1%15.1%0.0%3.1%-3.8%-1875.4K-480.00161.64N/AN/A005010
2022-12-15$36.84$0.0024.7%7.1%20.1%19.9%0.0%3.7%14.2%-6797.9K-550.00170.40N/AN/A005010
2022-12-16$36.52$0.0026.7%7.7%20.2%24.2%0.0%3.8%-2.6%-9318.9K-570.00171.78N/AN/A005010
2022-12-19$35.98$0.0025.4%7.3%20.5%21.4%0.0%2.7%-3.2%-1.0K9.1K-540.00161.69N/AN/A00010
2022-12-20$36.17$0.0025.4%7.3%20.6%21.4%0.0%5.6%-2.9%-1.1K8.9K-560.00162.33N/AN/A00010
2022-12-21$36.61$0.0025.2%7.2%20.5%21.1%0.0%3.3%-3.6%-1.0K7.3K-480.00166.81N/AN/A00010
2022-12-22$36.00$0.0022.0%6.3%20.8%14.3%0.0%1.4%-2.9%-1.2K8.8K-520.00147.92N/AN/A00010
2022-12-23$36.19$0.0022.9%6.6%21.0%16.2%0.0%4.0%-3.1%-1.1K8.5K-510.00152.20N/AN/A00010
2022-12-27$36.15$0.0027.8%8.0%20.4%26.5%0.0%3.1%-4.4%-1.1K8.4K-500.00163.51N/AN/A00010
2022-12-28$35.57$0.0026.8%7.7%21.0%24.3%0.0%-2.2%-4.7%-1.1K9.1K-530.00158.88N/AN/A00010
2022-12-29$36.25$0.0027.5%7.9%19.5%25.8%0.0%5.6%-4.9%-1.1K8.1K-500.00160.57N/AN/A00010
2022-12-30$36.03$0.0028.6%8.2%19.2%28.3%0.0%4.9%-4.8%-1.2K8.2K-490.00162.71N/AN/A00010