USMC Options History — April 2024

In April 2024, USMC traded between $48.50 and $51.06. ATM implied volatility averaged 16.8%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 5.3% (HV 20d: 11.5%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2024-04-19: Highest Volume — 2 contracts
  • 2024-04-10: Largest IV drop — 29.3% change
  • 2024-04-09: Highest IV Rank — 12.1%
  • 2024-04-30: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.93$48.50$51.06$51.06$49.50
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV16.8%13.5%21.1%16.0%18.3%
Expected Move4.5%3.8%5.2%4.6%5.2%
HV 20d11.5%9.2%13.7%12.0%13.7%
HV 60d13.0%12.4%13.7%12.4%13.0%
IV Rank6.7%2.5%12.1%5.7%8.6%
IV Percentile37.6%2.0%78.2%24.6%60.3%
Term Structure-2.9%-6.5%-0.0%-2.9%-6.5%
Skew 25d1.0%-8.0%3.9%-8.0%1.1%
Skew 10d1.1%-5.5%6.8%-5.3%0.4%
Call IV 25d14.1%10.9%19.0%19.0%14.2%
Put IV 25d15.1%11.0%18.7%11.0%15.4%
Bid-Ask Spread %154.17149.73160.84152.53155.13
Gamma HHI0.830.641.000.731.00
Net GEX-1.0K-1.6K-248-1.0K-261
Net DEX4.0K1.0K9.8K3.5K1.1K
Net VEX-10-14-5-13-6
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0910200
Total OI2.3641331

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$51.06$50.0016.0%4.6%12.0%5.7%0.0%-8.0%-2.9%-1.0K3.5K-130.00152.53N/AN/A0003
2024-04-02$50.77$50.0016.8%4.8%12.1%6.7%0.0%-5.8%-3.4%-1.4K3.4K-130.00149.81N/AN/A0003
2024-04-03$50.73$50.0017.0%4.9%10.9%7.0%0.0%-1.1%-4.0%-1.4K3.4K-130.00152.75N/AN/A0003
2024-04-04$50.18$0.0016.8%3.9%11.2%6.7%0.0%-0.4%-2.0%-1.3K4.4K-140.00152.04N/AN/A0003
2024-04-05$50.59$0.0016.8%3.8%10.9%6.7%0.0%2.8%-0.7%-1.2K3.7K-130.00154.69N/AN/A0003
2024-04-08$50.59$0.0020.8%4.0%10.3%11.7%0.0%3.2%-1.5%-1.6K3.9K-120.00160.84N/AN/A0003
2024-04-09$50.59$0.0021.1%4.0%10.3%12.1%0.0%1.2%-1.0%-1.6K3.9K-120.00155.91N/AN/A0003
2024-04-10$50.39$0.0014.9%4.3%9.2%4.4%0.0%3.0%-0.4%-1.5K3.9K-120.00159.28N/AN/A0003
2024-04-11$50.87$0.0013.5%3.9%9.9%2.5%0.0%2.1%-0.0%-1.2K3.8K-110.00152.82N/AN/A0003
2024-04-12$50.04$0.0014.9%4.3%11.4%4.3%0.0%1.2%-1.7%-1.6K4.9K-120.00155.25N/AN/A0003
2024-04-15$49.39$0.0015.3%4.4%11.6%4.8%0.0%-2.2%-2.9%-1.4K7.4K-100.00151.56N/AN/A0003
2024-04-16$49.46$0.0016.8%4.8%10.9%6.8%0.0%3.0%-3.5%-1.4K7.3K-100.00157.59N/AN/A0003
2024-04-17$49.17$0.0015.9%4.6%10.9%5.6%0.0%1.5%-3.8%-1.4K8.2K-90.00150.55N/AN/A0003
2024-04-18$49.09$0.0016.5%4.7%10.2%6.3%0.0%2.8%-4.2%-1.4K8.6K-80.00153.25N/AN/A0003
2024-04-19$48.50$0.0017.4%5.0%10.6%7.4%0.0%0.6%-5.3%-1.0K9.8K-80.00149.73N/AN/A0203
2024-04-22$49.04$0.0016.6%4.7%11.8%6.4%0.0%2.7%-4.0%-2581.3K-70.00150.02N/AN/A0001
2024-04-23$49.64$0.0016.1%4.6%12.8%5.9%0.0%3.2%-2.5%-2691.2K-60.00154.48N/AN/A0001
2024-04-24$49.73$0.0016.5%4.7%12.9%6.3%0.0%2.3%-2.6%-2581.1K-60.00156.51N/AN/A0001
2024-04-25$49.37$0.0017.0%4.9%12.9%6.9%0.0%3.9%-3.9%-2541.2K-60.00152.85N/AN/A0001
2024-04-26$49.95$0.0017.0%4.9%13.7%6.9%0.0%2.2%-3.3%-2481.1K-60.00156.87N/AN/A0001
2024-04-29$49.87$0.0017.8%5.1%13.6%7.9%0.0%2.2%-4.6%-2481.0K-50.00157.20N/AN/A0001
2024-04-30$49.50$0.0018.3%5.2%13.7%8.6%0.0%1.1%-6.5%-2611.1K-60.00155.13N/AN/A0001