USRT Options History — March 2022

In March 2022, USRT traded between $60.30 and $66.12. ATM implied volatility averaged 25.4%, placing in the 53.5% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 4.8% (HV 20d: 20.6%). Max pain ranged from $59.00 to $69.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 3.07.

Notable Days

  • 2022-03-29: Highest Volume — 107 contracts
  • 2022-03-04: Largest IV spike — 30.1% change
  • 2022-03-07: Highest IV Rank — 93.3%
  • 2022-03-08: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.73$60.30$66.12$60.30$65.29
Max Pain$64.74$59.00$69.00$59.00$65.00
ATM IV25.4%17.0%36.2%27.9%22.2%
Expected Move7.3%3.7%10.9%8.0%5.1%
HV 20d20.6%17.6%23.2%20.2%19.6%
HV 60d18.4%17.8%19.7%18.1%19.5%
IV Rank53.5%23.1%93.3%62.8%41.9%
IV Percentile75.7%18.1%98.9%93.1%65.3%
Term Structure-1.6%-11.8%7.2%-2.0%-6.8%
VWIV28.1%15.7%44.9%33.7%19.5%
Skew 25d6.4%-1.7%16.7%7.7%-1.7%
Skew 10d9.4%-8.5%27.8%18.2%6.3%
Call IV 25d22.5%13.0%30.1%30.1%21.7%
Put IV 25d28.9%15.3%40.4%37.8%20.0%
Bid-Ask Spread %111.4195.91124.40117.74112.20
Gamma HHI0.280.160.330.160.25
Net GEX-6.9K-10.3K2.1K-7652.1K
Net DEX106.9K-4.8K147.8K13.6K21.6K
Net VEX-1.0K-1.1K-207-207-986
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.072.063.413.412.06
Total Volume99.6529710797107
Total OI80.43520952095

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$60.30$59.0027.9%8.0%20.2%62.8%33.7%7.7%-2.0%-76513.6K-2073.41117.74N/AN/A2275911
2022-03-02$61.76$59.0024.7%7.1%22.2%51.2%35.4%7.9%-0.7%-10.3K145.7K-1.1K3.26114.11N/AN/A2375971
2022-03-03$62.03$59.0025.7%7.4%21.7%54.6%34.9%1.8%0.8%-8.6K134.9K-1.1K3.26115.34N/AN/A23751071
2022-03-04$62.47$59.0033.4%9.6%21.6%82.8%33.4%1.5%0.3%-9.1K131.1K-1.1K3.26116.82N/AN/A23751071
2022-03-07$61.66$59.0036.2%10.4%21.9%93.3%38.9%6.2%0.1%-7.3K136.5K-1.1K3.26124.40N/AN/A23751071
2022-03-08$61.29$59.0031.9%10.9%21.9%77.3%37.9%15.6%-1.5%-8.1K147.8K-1.1K3.26117.80N/AN/A23751071
2022-03-09$62.60$59.0029.0%8.7%23.2%66.6%44.9%7.8%-2.2%-8.8K128.1K-1.1K3.26123.53N/AN/A23751071
2022-03-10$62.14$59.0028.6%10.1%22.0%65.4%39.0%8.2%-1.4%-9.0K137.2K-1.1K3.26114.84N/AN/A23751071
2022-03-11$61.82$59.0025.4%9.2%19.9%53.4%40.7%-0.4%7.2%-7.3K133.7K-1.1K3.26124.01N/AN/A23751071
2022-03-14$61.19$69.0027.4%8.8%20.2%60.8%27.8%2.3%7.1%-7.9K143.7K-1.1K3.2695.91N/AN/A23751071
2022-03-15$61.66$69.0028.4%8.8%20.2%64.5%30.0%8.8%-2.6%-8.0K143.6K-1.1K3.3096.35N/AN/A23761071
2022-03-16$62.11$69.0021.9%6.8%20.3%40.7%23.3%9.3%1.7%-8.0K139.4K-1.1K3.30103.80N/AN/A23761072
2022-03-17$63.05$69.0024.0%6.0%20.7%48.6%21.4%10.7%0.3%-7.6K120.6K-1.1K3.1796.29N/AN/A24761172
2022-03-18$63.38$69.0022.4%6.1%20.5%42.8%21.8%10.3%-2.3%-6.4K105.7K-1.0K3.1799.57N/AN/A24761272
2022-03-21$62.75$69.0026.0%6.2%20.8%55.8%22.0%-0.0%-11.8%-9.1K122.1K-1.0K3.08113.71N/AN/A2474970
2022-03-22$63.26$69.0024.5%5.4%20.7%50.3%24.2%8.6%-7.6%-8.0K108.3K-1.0K3.0898.34N/AN/A24741170
2022-03-23$62.72$69.0026.0%6.6%20.2%56.0%23.8%16.7%-2.9%-10.1K105.2K-9933.08116.40N/AN/A24741170
2022-03-24$62.43$69.0023.0%6.3%19.8%44.8%22.7%14.1%-2.4%-7.6K124.8K-1.0K3.17104.24N/AN/A24761170
2022-03-25$63.32$69.0019.0%5.9%18.8%30.2%18.6%1.1%0.1%-8.9K104.9K-1.0K3.17114.99N/AN/A24761172
2022-03-28$63.96$69.0017.0%4.6%17.6%23.1%18.7%2.5%-0.7%-8.0K100.4K-9803.17113.00N/AN/A24761172
2022-03-29$66.12$69.0017.9%3.7%20.2%26.3%15.7%3.6%-3.7%-1.0K-4.8K-7762.06114.60N/AN/A35722272
2022-03-30$65.42$65.0020.8%5.3%19.6%36.8%18.1%4.2%-5.9%-31514.1K-9282.06114.42N/AN/A35722372
2022-03-31$65.29$65.0022.2%5.1%19.6%41.9%19.5%-1.7%-6.8%2.1K21.6K-9862.06112.20N/AN/A35722372