USMC Options History — May 2024

In May 2024, USMC traded between $49.49 and $52.13. ATM implied volatility averaged 18.0%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 6.8% (HV 20d: 11.2%). Max pain ranged from $48.00 to $48.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2024-05-15: Largest IV drop — 63.0% change
  • 2024-05-14: Highest IV Rank — 28.1%
  • 2024-05-02: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.29$49.49$52.13$49.52$51.23
Max Pain$48.00$48.00$48.00$48.00$48.00
ATM IV18.0%12.6%34.0%17.6%15.5%
Expected Move4.1%3.6%5.5%5.0%4.4%
HV 20d11.2%7.7%14.3%13.7%9.8%
HV 60d12.3%11.4%13.2%12.9%11.4%
IV Rank8.3%1.4%28.1%7.7%5.0%
IV Percentile41.3%0.8%98.4%53.6%23.0%
Term Structure-1.3%-5.3%13.0%-5.0%-2.7%
Skew 25d1.9%-1.8%3.4%-1.8%3.3%
Skew 10d0.2%-7.3%8.1%1.2%0.4%
Call IV 25d12.8%9.8%21.2%20.5%12.2%
Put IV 25d14.7%11.9%23.2%18.8%15.4%
Bid-Ask Spread %139.50133.47156.25149.35135.47
Gamma HHI1.001.001.001.001.00
Net GEX-136-281-73-281-122
Net DEX3941361.2K1.2K242
Net VEX-2-6-1-6-1
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$49.52$0.0017.6%5.0%13.7%7.7%0.0%-1.8%-5.0%-2811.2K-60.00149.35N/AN/A0001
2024-05-02$49.49$0.0019.2%5.5%13.2%9.7%0.0%2.1%-5.3%-2711.1K-60.00152.85N/AN/A0001
2024-05-03$50.23$0.0018.4%5.3%14.0%8.7%0.0%3.2%-4.3%-241805-40.00156.25N/AN/A0001
2024-05-06$50.63$48.0021.2%3.8%14.3%12.2%0.0%1.6%-1.4%-197678-40.00137.26N/AN/A0001
2024-05-07$50.79$48.0020.4%3.8%14.3%11.2%0.0%0.9%-1.5%-185609-30.00139.78N/AN/A0001
2024-05-08$50.86$48.0021.9%3.9%14.2%13.0%0.0%2.8%-1.5%-175513-30.00140.54N/AN/A0001
2024-05-09$50.96$48.0022.4%3.8%13.9%13.7%0.0%3.1%-1.1%-163446-30.00138.84N/AN/A0001
2024-05-10$51.14$48.0022.9%3.9%12.4%14.4%0.0%0.8%-1.2%-159480-30.00138.27N/AN/A0001
2024-05-13$51.16$48.0030.3%3.9%11.3%23.6%0.0%0.7%-0.4%-157455-30.00138.98N/AN/A0001
2024-05-14$51.42$48.0034.0%3.9%11.3%28.1%0.0%3.3%-0.5%-124298-20.00137.04N/AN/A0001
2024-05-15$52.07$48.0012.6%3.6%11.5%1.4%0.0%3.4%-1.1%-77159-10.00135.66N/AN/A0001
2024-05-16$52.03$48.0013.2%3.8%11.5%2.2%0.0%1.8%13.0%-79166-10.00136.97N/AN/A0001
2024-05-17$52.00$48.0013.6%3.9%10.1%2.7%0.0%2.5%-1.2%-86190-10.00138.13N/AN/A0001
2024-05-20$52.00$48.0013.8%3.9%9.8%2.9%0.0%1.2%-1.9%-79162-10.00136.90N/AN/A0001
2024-05-21$52.13$48.0013.5%3.9%9.2%2.6%0.0%2.2%-1.1%-73148-10.00137.39N/AN/A0001
2024-05-22$51.99$48.0013.4%3.8%9.3%2.5%0.0%1.6%-1.3%-76150-10.00136.68N/AN/A0001
2024-05-23$51.77$48.0013.2%3.8%9.0%2.2%0.0%0.1%-1.5%-78144-10.00133.47N/AN/A0001
2024-05-24$52.02$48.0014.1%4.0%8.4%3.3%0.0%2.0%-1.8%-74144-10.00136.80N/AN/A0001
2024-05-28$51.98$48.0014.8%4.2%8.3%4.2%0.0%1.8%-2.3%-73136-10.00137.25N/AN/A0001
2024-05-29$51.87$48.0015.1%4.3%7.7%4.6%0.0%2.5%-2.1%-81155-10.00137.84N/AN/A0001
2024-05-30$51.10$48.0015.9%4.6%9.8%5.6%0.0%2.2%-2.8%-142307-20.00137.29N/AN/A0001
2024-05-31$51.23$48.0015.5%4.4%9.8%5.0%0.0%3.3%-2.7%-122242-10.00135.47N/AN/A0001