USMC Options History — January 2024

In January 2024, USMC traded between $46.20 and $48.92. ATM implied volatility averaged 17.4%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 8.5% (HV 20d: 8.9%). Max pain ranged from $48.00 to $48.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-02: Highest Volume — 1 contracts
  • 2024-01-19: Largest IV spike — 90.4% change
  • 2024-01-19: Highest IV Rank — 23.4%
  • 2024-01-19: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.47$46.20$48.92$46.45$48.13
Max Pain$48.00$48.00$48.00$48.00$48.00
ATM IV17.4%13.3%30.2%15.4%16.1%
Expected Move4.7%3.1%8.7%4.4%4.6%
HV 20d8.9%7.9%10.8%8.3%10.8%
HV 60d11.2%9.5%12.1%12.0%9.9%
IV Rank7.5%2.4%23.4%4.9%5.8%
IV Percentile28.6%1.2%95.6%8.3%18.7%
Term Structure-2.9%-13.6%-0.1%-5.5%-3.0%
Skew 25d2.3%-3.9%8.1%-1.0%-3.9%
Skew 10d3.9%-0.2%11.8%6.4%-0.2%
Call IV 25d12.1%7.6%17.8%10.8%17.8%
Put IV 25d14.4%9.8%17.8%9.8%13.9%
Bid-Ask Spread %159.04147.78166.44147.78151.79
Gamma HHI0.820.551.000.681.00
Net GEX188-2474.5K4.5K-226
Net DEX418-11.7K2.6K-11.7K1.8K
Net VEX-14-37-11-37-11
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950110
Total OI2.286120201

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$46.45$48.0015.4%4.4%8.3%4.9%0.0%-1.0%-5.5%4.5K-11.7K-370.00147.78N/AN/A01200
2024-01-03$46.33$0.0020.3%5.8%8.0%11.0%0.0%0.7%-5.0%-2102.6K-120.00158.57N/AN/A0001
2024-01-04$46.27$0.0021.3%4.2%8.0%12.3%0.0%-0.6%-0.5%-2042.6K-120.00161.88N/AN/A0001
2024-01-05$46.20$0.0019.0%4.1%7.9%9.4%0.0%6.0%-0.1%-2152.6K-120.00158.28N/AN/A0001
2024-01-08$46.83$0.0013.3%4.0%8.9%2.4%0.0%1.1%-0.4%-2332.4K-120.00148.49N/AN/A1001
2024-01-09$46.83$0.0022.1%3.1%8.8%13.4%0.0%3.7%-0.9%259120-150.00163.72N/AN/A0011
2024-01-10$47.14$0.0014.3%4.1%9.0%3.6%0.0%3.3%-0.7%247-347-150.00164.28N/AN/A0011
2024-01-11$47.19$0.0013.9%4.0%8.8%3.0%0.0%3.1%-1.4%312-444-150.00158.63N/AN/A0011
2024-01-12$47.26$0.0015.3%4.4%8.4%4.9%0.0%3.0%-1.8%247-512-150.00164.51N/AN/A0011
2024-01-16$47.08$0.0015.2%4.4%8.5%4.8%0.0%8.1%-1.5%280-182-140.00163.14N/AN/A0011
2024-01-17$46.89$0.0015.8%4.5%8.7%5.4%0.0%2.8%-1.9%283143-130.00166.44N/AN/A0011
2024-01-18$47.34$0.0015.9%4.5%8.7%5.5%0.0%5.0%-2.0%315-618-130.00163.03N/AN/A0011
2024-01-19$48.01$0.0030.2%8.7%9.9%23.4%0.0%2.7%-13.6%243-1.7K-120.00159.19N/AN/A0011
2024-01-22$48.13$0.0016.1%4.6%9.3%5.8%0.0%3.1%-2.0%-2351.8K-120.00160.47N/AN/A0001
2024-01-23$48.19$0.0015.9%4.6%9.2%5.6%0.0%2.6%-1.6%-2411.9K-120.00162.34N/AN/A0001
2024-01-24$48.36$0.0016.9%4.9%9.2%6.9%0.0%1.4%-4.0%-2301.8K-120.00158.78N/AN/A0001
2024-01-25$48.27$0.0016.8%4.8%9.3%6.8%0.0%1.6%-2.6%-2471.8K-120.00156.59N/AN/A0001
2024-01-26$48.36$0.0017.2%4.9%9.0%7.2%0.0%1.3%-3.5%-2301.7K-110.00157.65N/AN/A0001
2024-01-29$48.78$0.0017.0%4.9%9.4%6.9%0.0%2.9%-4.0%-2351.6K-110.00155.20N/AN/A0001
2024-01-30$48.92$0.0018.0%5.2%9.1%8.3%0.0%1.5%-4.4%-2201.5K-110.00159.05N/AN/A0001
2024-01-31$48.13$0.0016.1%4.6%10.8%5.8%0.0%-3.9%-3.0%-2261.8K-110.00151.79N/AN/A0001