USMC Options History — February 2025

In February 2025, USMC traded between $59.88 and $63.08. ATM implied volatility averaged 15.7%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 4.4% (HV 20d: 11.3%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.00.

Notable Days

2025-02-07: Highest Volume — 2 contracts
2025-02-28: Largest IV spike — 134.4% change
2025-02-28: Highest IV Rank — 100.0%
2025-02-28: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.94	$59.88	$63.08	$61.85	$60.42
Max Pain	$62.00	$62.00	$62.00	$62.00	$62.00
ATM IV	15.7%	11.8%	38.2%	14.3%	38.2%
Expected Move	4.2%	3.4%	10.9%	4.1%	10.9%
HV 20d	11.3%	8.6%	13.7%	13.7%	12.0%
HV 60d	13.0%	12.5%	13.9%	13.9%	13.6%
IV Rank	14.8%	0.0%	100.0%	9.5%	100.0%
IV Percentile	36.8%	0.0%	100.0%	29.8%	100.0%
Term Structure	-1.4%	-6.3%	2.1%	-0.6%	-6.3%
Skew 25d	2.5%	-3.5%	4.5%	4.1%	-3.5%
Skew 10d	2.9%	0.8%	18.3%	2.5%	18.3%
Call IV 25d	13.3%	8.7%	58.0%	11.5%	58.0%
Put IV 25d	15.8%	11.8%	54.5%	15.6%	54.5%
Bid-Ask Spread %	137.23	128.05	177.93	142.87	177.93
Net GEX	0	0	0	0	0
Net DEX	-1.5K	-4.8K	2.1K	137	634
Net VEX	-40	-52	-16	-17	-47
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	1.00	1.00	1.00	1.00
Total Volume	0.105	0	2	0	0
Total OI	3.474	2	4	2	4

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-02-03	$61.85	$0.00	14.3%	4.1%	13.7%	9.5%	0.0%	4.1%	-0.6%	137	-17	0.00	142.87	N/A	N/A	0	0	1	1
2025-02-04	$62.27	$0.00	15.1%	4.3%	13.5%	12.4%	0.0%	4.5%	-2.5%	-1.2K	-17	0.00	148.45	N/A	N/A	0	0	1	1
2025-02-05	$62.38	$0.00	15.7%	4.5%	13.5%	15.0%	0.0%	4.5%	-3.0%	-1.4K	-17	0.00	149.93	N/A	N/A	0	0	1	1
2025-02-06	$62.58	$62.00	15.2%	3.4%	13.0%	12.8%	0.0%	3.2%	0.1%	-1.7K	-16	0.00	134.61	N/A	N/A	0	0	1	1
2025-02-07	$62.08	$62.00	15.9%	3.5%	13.5%	15.8%	0.0%	1.2%	2.1%	-833	-17	1.00	129.91	N/A	N/A	1	1	1	1
2025-02-10	$62.45	$62.00	17.5%	3.6%	12.2%	21.7%	0.0%	2.9%	-0.3%	-3.2K	-52	0.00	133.54	N/A	N/A	0	0	2	2
2025-02-11	$62.43	$62.00	18.1%	3.7%	12.3%	23.9%	0.0%	3.0%	-0.5%	-3.1K	-52	0.00	134.48	N/A	N/A	0	0	2	2
2025-02-12	$62.37	$62.00	12.7%	3.6%	12.0%	3.2%	0.0%	4.2%	-0.8%	-2.8K	-52	0.00	133.11	N/A	N/A	0	0	2	2
2025-02-13	$63.08	$62.00	11.8%	3.4%	9.0%	0.0%	0.0%	4.0%	0.8%	-4.7K	-49	0.00	131.21	N/A	N/A	0	0	2	2
2025-02-14	$63.03	$62.00	12.5%	3.6%	8.6%	2.6%	0.0%	3.1%	-1.0%	-4.8K	-48	0.00	135.95	N/A	N/A	0	0	2	2
2025-02-18	$62.73	$62.00	12.6%	3.6%	8.6%	3.1%	0.0%	1.8%	-2.4%	-4.2K	-48	0.00	133.78	N/A	N/A	0	0	2	2
2025-02-19	$62.99	$62.00	12.6%	3.6%	8.6%	3.2%	0.0%	3.7%	-0.5%	-4.6K	-47	0.00	134.37	N/A	N/A	0	0	2	2
2025-02-20	$62.42	$62.00	13.3%	3.8%	9.0%	5.6%	0.0%	1.7%	-2.3%	-3.3K	-49	0.00	133.17	N/A	N/A	0	0	2	2
2025-02-21	$61.27	$62.00	13.4%	3.8%	11.3%	6.1%	0.0%	-0.1%	-0.8%	-205	-49	0.00	130.18	N/A	N/A	0	0	2	2
2025-02-24	$61.19	$62.00	14.0%	4.0%	11.2%	8.6%	0.0%	3.6%	-1.7%	454	-48	0.00	131.38	N/A	N/A	0	0	2	2
2025-02-25	$60.69	$62.00	14.0%	4.0%	11.3%	8.5%	0.0%	3.5%	-0.8%	2.0K	-47	0.00	128.05	N/A	N/A	0	0	2	2
2025-02-26	$60.74	$62.00	14.9%	4.3%	10.5%	12.0%	0.0%	2.6%	-3.1%	1.6K	-47	0.00	130.98	N/A	N/A	0	0	2	2
2025-02-27	$59.88	$62.00	16.3%	4.7%	11.5%	17.2%	0.0%	-0.5%	-2.1%	2.1K	-45	0.00	133.41	N/A	N/A	0	0	2	2
2025-02-28	$60.42	$62.00	38.2%	10.9%	12.0%	100.0%	0.0%	-3.5%	-6.3%	634	-47	0.00	177.93	N/A	N/A	0	0	2	2