USMC Options History — November 2025

In November 2025, USMC traded between $66.35 and $69.43. ATM implied volatility averaged 15.8%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 2.0% (HV 20d: 13.8%). Max pain ranged from $63.00 to $66.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-11-07: Highest Volume — 7 contracts
  • 2025-11-14: Largest IV spike — 120.6% change
  • 2025-11-14: Highest IV Rank — 42.5%
  • 2025-11-14: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.12$66.35$69.43$69.43$68.78
Max Pain$63.90$63.00$66.00$66.00$63.00
ATM IV15.8%12.5%28.7%14.9%14.0%
Expected Move4.4%3.5%8.2%4.3%4.0%
HV 20d13.8%12.3%14.7%13.1%14.4%
HV 60d11.3%10.0%12.1%10.0%11.9%
IV Rank12.1%4.3%42.5%10.1%7.8%
IV Percentile52.3%9.1%96.0%50.4%35.3%
Term Structure-0.9%-14.3%2.1%-2.4%-2.6%
VWIV24.3%24.3%24.3%24.3%24.3%
Skew 25d3.0%1.5%5.4%2.0%2.3%
Skew 10d3.7%2.0%11.9%2.2%2.0%
Call IV 25d12.3%9.9%28.2%12.6%12.0%
Put IV 25d15.3%12.9%31.2%14.5%14.3%
Bid-Ask Spread %130.04119.81168.81152.61129.36
Gamma HHI0.520.350.960.460.96
Net GEX8.0K1.8K11.0K8.8K2.3K
Net DEX-50.1K-81.5K-11.8K-81.5K-15.7K
Net VEX-125-169-85-165-95
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.4210700
Total OI16.842820198

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$69.43$66.0014.9%4.3%13.1%10.1%0.0%2.0%-2.4%8.8K-81.5K-1650.00152.61N/AN/A00190
2025-11-04$68.79$66.0014.7%4.2%13.6%9.5%0.0%3.0%-1.3%9.3K-73.9K-1690.00149.66N/AN/A00190
2025-11-05$68.95$66.0014.9%4.3%13.6%10.1%0.0%3.1%-0.9%10.0K-72.9K-1650.00149.76N/AN/A00190
2025-11-06$68.05$0.0015.4%3.7%14.4%11.2%0.0%2.6%2.1%10.3K-58.7K-1520.00122.06N/AN/A00190
2025-11-07$67.79$0.0015.7%4.1%12.3%12.0%0.0%2.6%1.2%10.0K-56.3K-1470.00121.62N/AN/A70190
2025-11-10$69.11$0.0016.4%3.8%13.5%13.5%0.0%2.9%0.8%10.1K-76.3K-1480.00124.86N/AN/A00190
2025-11-11$69.31$0.0016.6%3.5%13.2%13.9%0.0%2.8%2.0%10.1K-80.0K-1480.00124.26N/AN/A00190
2025-11-12$69.21$0.0012.5%3.6%13.0%4.3%0.0%2.7%1.8%10.3K-78.3K-1420.00125.15N/AN/A00190
2025-11-13$68.04$0.0013.0%3.7%14.1%5.4%0.0%2.2%1.5%11.0K-58.1K-1330.00121.95N/AN/A00190
2025-11-14$68.00$0.0028.7%8.2%13.9%42.5%0.0%3.0%-14.3%5.1K-62.1K-1500.00168.81N/AN/A00190
2025-11-17$67.30$0.0015.5%4.4%14.0%11.4%0.0%1.5%-3.2%10.5K-45.4K-1050.00121.88N/AN/A00190
2025-11-18$66.97$0.0017.0%4.9%14.0%14.9%24.3%3.2%-1.0%9.9K-41.8K-1060.00119.81N/AN/A01190
2025-11-19$67.08$63.0016.2%4.7%13.7%13.1%0.0%3.3%-0.3%9.9K-42.3K-1040.00122.22N/AN/A00191
2025-11-20$66.35$63.0016.8%4.8%13.8%14.4%0.0%5.4%0.5%8.8K-31.2K-920.00121.87N/AN/A00191
2025-11-21$66.69$63.0016.8%4.8%13.7%14.4%0.0%2.0%-1.6%9.2K-35.5K-850.00121.54N/AN/A00191
2025-11-24$67.53$63.0013.7%3.9%14.1%7.2%0.0%4.6%0.9%1.8K-11.8K-860.00123.74N/AN/A0071
2025-11-25$68.11$63.0014.2%4.1%14.2%8.4%0.0%5.0%0.8%2.0K-13.3K-910.00122.33N/AN/A0071
2025-11-26$68.74$63.0013.2%3.8%14.7%6.0%0.0%3.3%-1.0%2.2K-16.1K-1010.00127.31N/AN/A0071
2025-11-28$68.78$63.0014.0%4.0%14.4%7.8%0.0%2.3%-2.6%2.3K-15.7K-950.00129.36N/AN/A0071