USMC Options History — October 2023

In October 2023, USMC traded between $40.75 and $43.62. ATM implied volatility averaged 19.8%, placing in the 10.4% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 7.7% (HV 20d: 12.1%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2023-10-11: Largest IV drop — 40.1% change
  • 2023-10-10: Highest IV Rank — 19.3%
  • 2023-10-30: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.55$40.75$43.62$42.75$41.61
ATM IV19.8%16.1%26.9%20.7%21.4%
Expected Move5.3%4.2%6.4%5.9%6.1%
HV 20d12.1%10.9%14.8%10.9%14.5%
HV 60d11.6%11.2%12.7%11.2%12.6%
IV Rank10.4%5.9%19.3%11.5%12.5%
IV Percentile36.1%7.5%73.8%40.9%52.0%
Term Structure-2.9%-5.6%1.0%-5.1%-4.7%
Skew 25d2.8%-1.7%6.6%1.6%4.4%
Skew 10d0.1%-13.2%4.3%1.8%-5.7%
Call IV 25d15.8%11.5%24.0%24.0%16.8%
Put IV 25d18.5%14.3%25.6%25.6%21.1%
Bid-Ask Spread %153.18149.47161.26161.26151.53
Gamma HHI1.001.001.001.001.00
Net GEX-487-610-294-468-402
Net DEX5.4K4.2K6.9K5.0K6.5K
Net VEX-13-15-7-15-8
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$42.75$0.0020.7%5.9%10.9%11.5%0.0%1.6%-5.1%-4685.0K-150.00161.26N/AN/A0002
2023-10-03$42.27$0.0020.9%6.0%11.3%11.8%0.0%-1.2%-5.6%-4605.5K-140.00155.77N/AN/A0002
2023-10-04$42.64$0.0018.4%5.3%11.8%8.7%0.0%4.7%-4.7%-5345.3K-140.00150.13N/AN/A0002
2023-10-05$42.63$0.0021.9%4.6%11.8%13.1%0.0%4.1%-1.0%-4855.2K-150.00153.87N/AN/A0002
2023-10-06$43.09$0.0020.4%4.2%12.6%11.2%0.0%5.4%1.0%-5205.4K-140.00154.26N/AN/A0002
2023-10-09$43.13$0.0023.8%4.8%12.0%15.5%0.0%5.1%-2.1%-5364.7K-140.00153.14N/AN/A0002
2023-10-10$43.44$0.0026.9%5.0%12.2%19.3%0.0%4.0%-2.0%-5364.4K-150.00155.05N/AN/A0002
2023-10-11$43.52$0.0016.1%4.6%12.2%5.9%0.0%3.3%-3.1%-6104.3K-150.00152.40N/AN/A0002
2023-10-12$43.40$0.0016.7%4.8%11.7%6.5%0.0%1.3%-2.2%-5774.5K-140.00153.10N/AN/A0002
2023-10-13$43.10$0.0016.4%4.7%11.0%6.2%0.0%0.7%-2.1%-5574.8K-140.00151.76N/AN/A0002
2023-10-16$43.62$0.0016.6%4.8%11.9%6.5%0.0%3.5%-2.0%-5604.2K-140.00157.40N/AN/A0002
2023-10-17$43.44$0.0016.7%4.8%11.9%6.6%0.0%3.7%-0.7%-5904.5K-140.00153.37N/AN/A0002
2023-10-18$43.00$0.0018.0%5.2%12.1%8.2%0.0%0.5%-2.8%-5284.9K-140.00152.93N/AN/A0002
2023-10-19$42.66$0.0017.6%5.0%11.1%7.7%0.0%-0.2%-3.2%-5215.4K-130.00149.93N/AN/A0002
2023-10-20$42.22$0.0019.5%5.6%11.6%10.1%0.0%2.6%-3.0%-4625.7K-120.00153.37N/AN/A0002
2023-10-23$42.18$0.0019.8%5.7%11.6%10.4%0.0%4.8%-2.9%-4695.9K-110.00151.76N/AN/A0002
2023-10-24$42.38$0.0019.8%5.7%11.1%10.4%0.0%6.6%-2.6%-4855.7K-120.00154.76N/AN/A0002
2023-10-25$41.74$0.0019.6%5.6%12.3%10.2%0.0%1.1%-2.9%-4136.2K-100.00154.22N/AN/A0002
2023-10-26$41.12$0.0021.0%6.0%12.9%12.0%0.0%-1.7%-4.0%-3366.6K-90.00150.95N/AN/A0002
2023-10-27$40.75$0.0021.0%6.0%13.2%12.0%0.0%0.1%-4.3%-2946.9K-70.00149.49N/AN/A0002
2023-10-30$41.44$0.0022.4%6.4%14.8%13.6%0.0%6.4%-4.9%-3786.5K-90.00149.47N/AN/A0002
2023-10-31$41.61$0.0021.4%6.1%14.5%12.5%0.0%4.4%-4.7%-4026.5K-80.00151.53N/AN/A0002