USRT Options History — May 2022

In May 2022, USRT traded between $55.38 and $61.40. ATM implied volatility averaged 31.2%, placing in the 52.0% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 0.8% (HV 20d: 30.4%). Max pain ranged from $56.00 to $65.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 4.64.

Notable Days

  • 2022-05-18: Highest Volume — 150 contracts
  • 2022-05-27: Largest IV spike — 72.9% change
  • 2022-05-09: Highest IV Rank — 77.7%
  • 2022-05-11: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.39$55.38$61.40$60.09$58.07
Max Pain$60.24$56.00$65.00$65.00$56.00
ATM IV31.2%18.3%41.2%29.3%24.0%
Expected Move8.7%5.3%11.1%8.4%6.9%
HV 20d30.4%26.1%33.1%26.1%27.4%
HV 60d24.4%22.7%25.6%22.7%24.6%
IV Rank52.0%19.3%77.7%47.3%33.8%
IV Percentile87.9%35.3%99.1%93.1%65.8%
Term Structure-4.1%-17.5%4.2%-4.0%-4.3%
VWIV27.9%21.1%35.8%30.0%26.9%
Skew 25d8.6%-2.4%20.8%2.6%4.0%
Skew 10d11.0%-1.0%27.0%-1.0%8.5%
Call IV 25d28.1%19.5%38.2%38.2%30.4%
Put IV 25d36.7%28.4%48.8%40.8%34.4%
Bid-Ask Spread %108.56102.30124.27105.70108.48
Gamma HHI0.270.190.350.200.31
Net GEX-13.7K-23.9K-8.6K-20.0K-11.0K
Net DEX342.5K155.5K485.6K320.5K155.5K
Net VEX-922-1.2K-737-1.2K-869
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.643.615.915.593.61
Total Volume128.6677615014583
Total OI127.6198114813987

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$60.09$65.0029.3%8.4%26.1%47.3%30.0%2.6%-4.0%-20.0K320.5K-1.2K5.59105.70N/AN/A2212325114
2022-05-03$60.58$65.0027.0%7.7%26.4%41.5%25.5%14.0%3.2%-23.9K312.5K-1.1K4.92109.72N/AN/A2512325114
2022-05-04$61.40$65.0033.9%9.7%27.1%59.0%31.1%20.8%-4.5%-21.9K280.0K-1.2K4.92124.27N/AN/A2512329114
2022-05-05$59.74$61.0034.9%8.6%28.1%61.6%28.4%9.5%-1.2%-18.3K300.2K-1.2K4.88106.06N/AN/A2512231114
2022-05-06$59.00$61.0035.9%9.7%28.2%64.1%34.3%7.6%-3.6%-18.4K356.2K-1.1K4.88105.91N/AN/A2512231114
2022-05-09$56.58$61.0041.2%10.0%31.0%77.7%35.8%6.2%-4.6%-16.1K378.4K-1.0K4.88108.40N/AN/A2512231114
2022-05-10$55.42$61.0037.3%9.8%31.3%67.6%27.6%0.2%0.0%-11.6K450.1K-8814.88103.53N/AN/A2512231114
2022-05-11$55.41$61.0038.5%11.1%31.4%70.9%30.3%11.1%-10.4%-13.0K427.7K-9234.88108.44N/AN/A2512231114
2022-05-12$55.62$61.0038.1%10.9%30.9%69.6%29.0%15.6%-8.4%-12.5K468.3K-8344.88104.36N/AN/A2512231114
2022-05-13$57.06$61.0028.9%8.3%33.1%46.4%24.9%10.9%-5.0%-12.4K469.0K-8374.88107.42N/AN/A2512231114
2022-05-16$57.05$61.0031.9%9.1%33.1%53.9%21.4%12.8%-4.6%-14.8K449.1K-8674.52106.75N/AN/A2712231114
2022-05-17$57.50$61.0030.9%8.9%31.4%51.5%24.9%9.9%-4.9%-15.6K433.1K-8894.52111.19N/AN/A2712233114
2022-05-18$55.82$60.0027.6%7.9%31.1%43.0%24.9%13.3%2.5%-10.7K446.5K-8254.36115.50N/AN/A2812234114
2022-05-19$55.58$60.0026.3%7.5%31.1%39.6%29.9%13.8%-0.3%-9.4K485.6K-7404.36107.66N/AN/A2812234114
2022-05-20$55.38$60.0029.0%8.3%31.1%46.6%31.5%-0.3%-0.8%-8.6K480.5K-7374.36106.91N/AN/A2812234114
2022-05-23$55.75$60.0030.3%8.7%31.6%49.8%29.9%-2.4%-7.6%-8.8K214.2K-7635.91102.30N/AN/A11651566
2022-05-24$56.35$57.0032.0%9.2%32.2%54.1%30.1%4.6%-17.5%-9.5K217.9K-7615.00109.23N/AN/A13651666
2022-05-25$56.97$56.0027.3%7.8%32.8%42.1%23.6%6.9%-1.9%-10.2K203.7K-8033.82110.91N/AN/A17652066
2022-05-26$57.37$56.0018.3%5.3%32.1%19.3%25.2%9.0%4.2%-10.1K181.4K-8483.82106.83N/AN/A17652066
2022-05-27$58.48$56.0031.7%9.1%30.4%53.4%21.1%10.2%-12.7%-9.9K162.2K-8703.61110.17N/AN/A18652066
2022-05-31$58.07$56.0024.0%6.9%27.4%33.8%26.9%4.0%-4.3%-11.0K155.5K-8693.61108.48N/AN/A18652166