USMC Options History — May 2023

In May 2023, USMC traded between $39.42 and $41.55. ATM implied volatility averaged 20.3%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 6.6% (HV 20d: 13.7%). Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-30: Highest Volume — 4 contracts
  • 2023-05-10: Largest IV drop — 37.0% change
  • 2023-05-09: Highest IV Rank — 24.0%
  • 2023-05-31: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.45$39.42$41.55$40.50$41.47
ATM IV20.3%16.8%27.1%21.1%22.2%
Expected Move5.4%4.8%6.4%6.0%6.4%
HV 20d13.7%12.2%14.9%12.2%12.4%
HV 60d14.1%13.3%14.7%14.3%13.7%
IV Rank9.7%2.0%24.0%12.4%13.6%
IV Percentile15.6%0.8%52.4%17.1%29.4%
Term Structure-2.8%-5.5%2.7%-5.2%-5.1%
Skew 25d4.8%1.7%7.1%3.5%4.7%
Skew 10d2.6%1.2%9.5%2.4%1.5%
Call IV 25d14.2%11.7%16.9%15.8%16.8%
Put IV 25d19.0%17.3%21.9%19.3%21.5%
Bid-Ask Spread %141.97136.87152.71152.71139.37
Gamma HHI1.001.001.001.001.00
Net GEX4509930993
Net DEX-225-5.0K00-5.0K
Net VEX-1-2100-21
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1820400
Total OI0.1820404

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$40.50$0.0021.1%6.0%12.2%12.4%0.0%3.5%-5.2%0000.00152.71N/AN/A0000
2023-05-02$40.02$0.0021.0%6.0%12.8%12.2%0.0%2.2%-4.7%0000.00145.56N/AN/A0000
2023-05-03$39.81$0.0022.1%6.3%12.8%14.4%0.0%5.1%-5.5%0000.00147.09N/AN/A0000
2023-05-04$39.42$0.0025.0%5.0%13.3%20.6%0.0%4.0%-2.7%0000.00138.94N/AN/A0000
2023-05-05$40.16$0.0022.3%4.9%14.9%14.8%0.0%6.1%-0.7%0000.00140.63N/AN/A0000
2023-05-08$40.16$0.0026.0%5.2%14.9%21.7%0.0%6.7%-0.6%0000.00143.14N/AN/A0000
2023-05-09$40.00$0.0027.1%5.4%14.9%24.0%0.0%5.4%-1.6%0000.00142.08N/AN/A0000
2023-05-10$40.19$0.0017.1%4.9%14.9%2.6%0.0%5.0%-1.2%0000.00139.17N/AN/A0000
2023-05-11$40.07$0.0018.4%5.3%13.9%5.4%0.0%5.6%-2.6%0000.00142.82N/AN/A0000
2023-05-12$39.98$0.0018.4%5.3%13.9%5.5%0.0%4.0%-2.6%0000.00139.84N/AN/A0000
2023-05-15$40.11$0.0017.9%5.1%13.9%4.3%0.0%6.1%-1.8%0000.00142.21N/AN/A0000
2023-05-16$40.08$0.0018.7%5.4%13.9%6.1%0.0%5.2%-3.3%0000.00144.38N/AN/A0000
2023-05-17$40.44$0.0018.0%5.2%14.3%4.6%0.0%5.7%-1.9%0000.00139.18N/AN/A0000
2023-05-18$40.80$0.0017.1%4.9%14.1%2.6%0.0%5.1%2.7%0000.00141.24N/AN/A0000
2023-05-19$40.86$0.0016.8%4.8%14.0%2.0%0.0%3.2%-3.2%0000.00142.20N/AN/A0000
2023-05-22$40.89$0.0018.7%5.4%14.0%6.0%0.0%3.1%-3.2%0000.00143.31N/AN/A0000
2023-05-23$40.61$0.0018.8%5.4%13.1%6.3%0.0%3.5%-3.5%0000.00142.30N/AN/A0000
2023-05-24$40.34$0.0021.3%6.1%13.2%11.6%0.0%7.1%-4.2%0000.00142.39N/AN/A0000
2023-05-25$40.87$0.0019.9%5.7%12.3%8.7%0.0%5.5%-4.1%0000.00139.43N/AN/A0000
2023-05-26$41.55$0.0017.7%5.1%13.3%3.9%0.0%6.6%-2.3%0000.00136.87N/AN/A0000
2023-05-30$41.50$0.0020.4%5.9%13.3%9.8%0.0%1.7%-5.1%0000.00138.51N/AN/A4000
2023-05-31$41.47$0.0022.2%6.4%12.4%13.6%0.0%4.7%-5.1%993-5.0K-210.00139.37N/AN/A0040