USRT Options History — August 2023

In August 2023, USRT traded between $49.63 and $52.63. ATM implied volatility averaged 17.1%, placing in the 15.3% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 3.8% (HV 20d: 13.3%). Max pain ranged from $45.00 to $51.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 2.31.

Notable Days

  • 2023-08-07: Highest Volume — 52 contracts
  • 2023-08-31: Largest IV spike — 78.0% change
  • 2023-08-04: Highest IV Rank — 38.7%
  • 2023-08-04: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.11$49.63$52.63$52.63$51.31
Max Pain$46.30$45.00$51.00$51.00$51.00
ATM IV17.1%11.1%27.6%11.6%19.8%
Expected Move4.7%3.2%6.2%3.3%5.7%
HV 20d13.3%12.5%14.4%12.8%13.3%
HV 60d15.7%14.7%16.3%16.2%14.7%
IV Rank15.3%2.0%38.7%3.0%21.3%
IV Percentile15.7%0.4%67.9%0.8%24.6%
Term Structure1.0%-7.6%15.3%15.3%-2.3%
VWIV16.5%15.1%17.4%17.4%16.8%
Skew 25d4.7%-4.8%13.9%-1.1%3.9%
Skew 10d7.5%-5.6%14.3%-1.3%7.1%
Call IV 25d14.9%8.4%19.6%15.8%10.8%
Put IV 25d19.6%13.0%29.8%14.8%14.7%
Bid-Ask Spread %108.7387.10124.25113.40122.43
Gamma HHI0.260.190.370.210.20
Net GEX3.8K-11.8K14.8K14.8K733
Net DEX-73.8K-149.7K33.2K-149.7K-79.6K
Net VEX-461-617-344-617-426
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.310.0013.500.000.00
Total Volume7.34805200
Total OI291.391124445335157

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$52.63$51.0011.6%3.3%12.8%3.0%0.0%-1.1%15.3%14.8K-149.7K-6170.00113.40N/AN/A0084251
2023-08-02$52.48$51.0019.9%5.7%12.8%21.6%0.0%-1.0%-3.0%9.8K-118.0K-6090.00108.80N/AN/A2084251
2023-08-03$51.91$45.0019.5%5.2%12.9%20.6%0.0%0.3%0.6%2.1K-76.7K-5905.00107.65N/AN/A1586251
2023-08-04$51.48$45.0027.6%6.2%13.3%38.7%17.4%2.5%-5.9%4.4K-75.4K-6060.00106.05N/AN/A12085251
2023-08-07$52.30$45.0018.4%5.0%14.4%18.3%15.1%1.8%2.4%2.2K-103.2K-4990.00100.02N/AN/A52098251
2023-08-08$51.94$45.0019.9%4.3%13.9%21.6%0.0%2.5%8.2%8.6K-97.8K-5400.00105.55N/AN/A00170251
2023-08-09$51.87$45.0012.5%3.6%13.2%5.0%0.0%5.1%5.5%9.7K-98.5K-5450.00109.23N/AN/A00170251
2023-08-10$51.41$45.0019.2%5.5%13.4%20.0%0.0%-4.8%-7.6%13.3K-124.2K-5360.00106.10N/AN/A00170251
2023-08-11$51.61$45.0015.5%4.4%13.6%11.7%0.0%7.1%8.6%1.1K-74.0K-4820.00100.64N/AN/A07170252
2023-08-14$51.25$45.0018.9%5.4%13.7%19.4%0.0%5.7%-0.3%-7.8K-55.7K-4620.00112.09N/AN/A80170259
2023-08-15$50.57$45.0018.9%5.4%14.0%19.3%0.0%3.2%-1.2%-4.9K-17.4K-4770.0087.10N/AN/A00171254
2023-08-16$50.28$45.0017.7%5.1%13.0%16.6%0.0%4.2%-5.3%-10.6K11.3K-4300.00103.29N/AN/A00171254
2023-08-17$49.91$45.0019.4%5.6%13.0%20.4%0.0%4.2%9.2%-10.3K22.1K-3970.00104.59N/AN/A230171252
2023-08-18$50.08$45.0013.1%3.7%12.6%6.3%0.0%3.6%7.2%-11.8K33.2K-38313.50109.95N/AN/A227193252
2023-08-21$49.63$45.0018.1%5.2%12.5%17.5%16.8%10.8%-0.0%7.3K-69.9K-3530.00102.88N/AN/A101204
2023-08-22$49.73$45.0012.7%3.6%12.7%5.4%0.0%2.6%-1.1%7.6K-77.4K-3660.00124.25N/AN/A001214
2023-08-23$50.56$45.0016.6%4.8%14.4%14.2%0.0%8.6%-0.0%9.0K-80.4K-3440.00119.47N/AN/A001214
2023-08-24$50.36$45.0020.7%5.9%12.9%23.3%0.0%8.3%-1.4%9.0K-93.9K-3940.00118.40N/AN/A001216
2023-08-25$50.53$45.0012.0%3.4%13.0%3.8%0.0%10.3%-1.7%8.7K-89.5K-3760.00114.25N/AN/A001216
2023-08-28$50.88$45.0016.2%4.6%13.1%13.2%16.3%8.1%-4.3%9.5K-94.8K-3780.00107.33N/AN/A051216
2023-08-29$51.31$51.0014.1%4.0%13.6%8.5%0.0%13.9%0.2%6.9K-88.8K-3930.00100.52N/AN/A0012112
2023-08-30$51.56$51.0011.1%3.2%13.7%2.0%16.8%7.9%-1.0%7.4K-98.9K-3950.00116.74N/AN/A02412112
2023-08-31$51.31$51.0019.8%5.7%13.3%21.3%0.0%3.9%-2.3%733-79.6K-4260.00122.43N/AN/A0012136