USRT Options History — November 2021

In November 2021, USRT traded between $63.16 and $65.36. ATM implied volatility averaged 18.2%. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 7.2% (HV 20d: 11.0%). Max pain ranged from $49.00 to $65.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.18.

Notable Days

  • 2021-11-02: Highest Volume — 176 contracts
  • 2021-11-03: Largest IV spike — 24.3% change
  • 2021-11-30: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.21$63.16$65.36$63.44$63.16
Max Pain$60.81$49.00$65.00$57.00$49.00
ATM IV18.2%15.9%21.9%17.7%21.9%
Expected Move5.2%4.4%6.3%5.1%6.3%
HV 20d11.0%9.3%15.1%10.1%15.1%
HV 60d12.5%12.0%13.6%12.1%13.6%
Term Structure-1.0%-5.3%2.0%-3.6%-1.3%
VWIV18.5%15.0%26.3%16.8%26.3%
Skew 25d2.8%0.6%8.7%3.7%1.5%
Skew 10d2.4%-1.5%7.4%1.7%4.1%
Call IV 25d17.7%13.5%24.9%15.6%24.9%
Put IV 25d20.5%17.1%26.4%19.3%26.4%
Bid-Ask Spread %125.09117.31129.17117.31125.29
Gamma HHI0.270.200.360.200.24
Net GEX12.5K1.9K21.1K3.2K2.8K
Net DEX-141.9K-207.1K-32.1K-135.7K-40.2K
Net VEX-218-298-128-162-227
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.090.390.100.39
Total Volume125.0952817617239
Total OI61.57114826521

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$63.44$57.0017.7%5.1%10.1%0.0%16.8%3.7%-3.6%3.2K-135.7K-1620.10117.31N/AN/A157155213
2021-11-02$63.93$57.0016.9%4.9%9.3%0.0%16.2%8.7%1.4%6.1K-139.0K-1910.09121.61N/AN/A161155213
2021-11-03$64.57$57.0021.0%6.0%9.6%0.0%20.9%1.7%-5.3%14.2K-180.9K-2670.11118.88N/AN/A142155613
2021-11-04$63.64$65.0017.6%5.0%11.6%0.0%17.6%1.0%1.0%16.6K-169.9K-2760.11120.67N/AN/A142156713
2021-11-05$64.19$65.0015.9%5.3%11.1%0.0%17.8%3.6%-1.0%18.6K-190.4K-2830.11122.63N/AN/A142166713
2021-11-08$63.88$65.0018.6%5.2%11.5%0.0%16.9%0.6%-0.2%17.5K-179.6K-2740.11126.47N/AN/A142166714
2021-11-09$64.16$65.0017.8%4.4%11.0%0.0%16.6%5.4%2.0%16.1K-183.2K-2430.11125.84N/AN/A142166714
2021-11-10$64.13$65.0018.0%5.2%10.7%0.0%16.6%2.5%0.1%18.3K-188.4K-2650.12127.30N/AN/A142176714
2021-11-11$64.20$65.0017.9%5.1%10.2%0.0%15.9%2.0%0.8%18.5K-188.8K-2480.12127.17N/AN/A142176715
2021-11-12$64.18$65.0017.4%5.0%10.2%0.0%16.2%1.9%0.5%18.4K-187.8K-2450.12127.98N/AN/A142176715
2021-11-15$64.76$65.0016.9%4.8%10.5%0.0%16.8%3.2%0.1%20.9K-207.1K-2100.12127.07N/AN/A142176715
2021-11-16$64.45$65.0017.2%4.9%10.6%0.0%16.4%1.3%0.1%19.4K-194.1K-2010.12125.72N/AN/A142176715
2021-11-17$64.75$65.0016.7%4.8%10.0%0.0%15.0%1.1%1.1%21.1K-205.3K-1760.12123.27N/AN/A142176715
2021-11-18$64.70$65.0016.9%4.8%10.0%0.0%17.2%1.4%-1.4%20.7K-202.7K-1740.12128.42N/AN/A142176715
2021-11-19$64.33$65.0017.4%5.0%10.3%0.0%19.5%1.0%-0.6%18.7K-184.0K-1500.12125.56N/AN/A142176715
2021-11-22$64.37$65.0017.8%5.1%10.3%0.0%19.3%6.8%-0.9%1.9K-32.1K-1380.22125.06N/AN/A23595
2021-11-23$64.74$65.0018.2%5.2%10.2%0.0%18.0%5.9%-4.3%2.0K-34.1K-1280.25125.59N/AN/A28795
2021-11-24$65.36$49.0018.7%5.4%10.3%0.0%17.8%2.3%-2.2%3.3K-57.0K-1880.39129.17N/AN/A2811147
2021-11-26$63.59$49.0021.3%6.1%14.3%0.0%26.2%1.2%-4.7%2.1K-33.9K-2980.39128.11N/AN/A28111412
2021-11-29$63.97$49.0020.7%5.9%14.4%0.0%24.8%2.3%-3.3%2.8K-45.9K-2270.39127.77N/AN/A2811147
2021-11-30$63.16$49.0021.9%6.3%15.1%0.0%26.3%1.5%-1.3%2.8K-40.2K-2270.39125.29N/AN/A2811147