USMC Options History — April 2023

In April 2023, USMC traded between $39.33 and $40.37. ATM implied volatility averaged 22.0%, placing in the 14.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 9.8% (HV 20d: 12.2%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2023-04-13: Largest IV spike — 123.7% change
  • 2023-04-13: Highest IV Rank — 51.8%
  • 2023-04-13: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.96$39.33$40.37$39.92$40.37
ATM IV22.0%17.8%39.8%21.1%19.7%
Expected Move6.0%5.0%11.4%6.1%5.6%
HV 20d12.2%9.7%16.0%16.0%12.6%
HV 60d14.9%14.4%15.7%15.7%14.4%
IV Rank14.2%5.5%51.8%12.5%9.4%
IV Percentile20.6%2.8%91.7%15.5%8.7%
Term Structure-2.9%-5.2%-0.9%-3.9%-2.8%
Skew 25d4.2%0.1%18.3%4.7%4.2%
Skew 10d6.3%1.7%27.8%2.3%4.0%
Call IV 25d15.5%12.8%19.0%16.3%14.5%
Put IV 25d19.6%16.4%31.9%20.9%18.7%
Bid-Ask Spread %153.03144.50183.41150.26151.30
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$39.92$0.0021.1%6.1%16.0%12.5%0.0%4.7%-3.9%0000.00150.26N/AN/A0000
2023-04-04$39.69$0.0022.5%6.5%15.3%15.4%0.0%2.6%-5.2%0000.00152.07N/AN/A0000
2023-04-05$39.74$0.0022.5%6.4%15.2%15.3%0.0%4.0%-4.2%0000.00151.11N/AN/A0000
2023-04-06$39.84$0.0022.4%5.0%13.5%15.1%0.0%4.7%-1.8%0000.00150.01N/AN/A0000
2023-04-10$39.80$0.0029.8%6.3%12.2%30.7%0.0%5.1%-1.4%0000.00151.05N/AN/A0000
2023-04-11$39.86$0.0026.5%5.4%12.1%23.7%0.0%2.9%-1.7%0000.00155.21N/AN/A0000
2023-04-12$39.66$0.0017.8%5.1%12.3%5.5%0.0%0.1%-2.3%0000.00145.56N/AN/A0000
2023-04-13$40.28$0.0039.8%11.4%12.9%51.8%0.0%18.3%-4.9%0000.00183.41N/AN/A0000
2023-04-14$40.23$0.0019.3%5.5%11.3%8.6%0.0%5.1%-0.9%0000.00144.50N/AN/A0000
2023-04-17$40.26$0.0018.3%5.3%10.6%6.6%0.0%4.2%-1.9%0000.00153.96N/AN/A0000
2023-04-18$40.33$0.0018.9%5.4%10.5%7.7%0.0%3.7%-2.4%0000.00152.27N/AN/A0000
2023-04-19$40.28$0.0018.4%5.3%9.7%6.7%0.0%4.3%-2.2%0000.00153.77N/AN/A0000
2023-04-20$39.89$0.0018.3%5.3%10.4%6.6%0.0%1.6%-2.5%0000.00152.94N/AN/A0000
2023-04-21$40.05$0.0018.9%5.4%10.4%7.8%0.0%2.8%-2.8%0000.00154.30N/AN/A0000
2023-04-24$40.13$0.0019.7%5.6%10.4%9.4%0.0%3.7%-3.3%0000.00145.78N/AN/A0000
2023-04-25$39.54$0.0022.7%6.5%11.9%15.6%0.0%1.4%-4.8%0000.00161.12N/AN/A0000
2023-04-26$39.33$0.0020.9%6.0%11.7%12.0%0.0%1.6%-3.3%0000.00152.98N/AN/A0000
2023-04-27$40.08$0.0019.7%5.7%12.6%9.5%0.0%4.0%-3.3%0000.00146.00N/AN/A0000
2023-04-28$40.37$0.0019.7%5.6%12.6%9.4%0.0%4.2%-2.8%0000.00151.30N/AN/A0000