USRT Options History — October 2023

In October 2023, USRT traded between $43.98 and $47.85. ATM implied volatility averaged 23.4%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 1.9% (HV 20d: 21.5%). Max pain ranged from $48.00 to $51.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2023-10-05: Highest Volume — 41 contracts
  • 2023-10-10: Largest IV spike — 67.0% change
  • 2023-10-25: Highest IV Rank — 49.3%
  • 2023-10-25: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.00$43.98$47.85$46.25$45.00
Max Pain$49.68$48.00$51.00$51.00$48.00
ATM IV23.4%16.9%32.3%22.6%19.3%
Expected Move6.6%5.3%9.3%6.5%5.5%
HV 20d21.5%19.5%23.1%19.5%21.4%
HV 60d16.9%15.7%18.4%15.7%18.3%
IV Rank29.4%14.8%49.3%27.5%20.2%
IV Percentile54.0%19.4%92.9%48.8%29.0%
Term Structure-0.5%-12.8%13.6%-5.2%13.6%
VWIV21.2%11.5%32.5%32.5%17.2%
Skew 25d3.9%-6.5%11.4%-6.5%0.4%
Skew 10d8.2%-12.1%20.1%11.8%-12.1%
Call IV 25d20.9%13.6%28.1%24.3%21.6%
Put IV 25d24.8%16.8%30.3%17.8%21.9%
Bid-Ask Spread %108.8895.67120.82120.82120.44
Gamma HHI0.230.170.350.270.21
Net GEX-23.4K-53.5K-5.8K-34.8K-7.4K
Net DEX282.8K197.4K419.1K394.7K197.5K
Net VEX-1.3K-1.6K-1.1K-1.6K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.002.300.140.00
Total Volume7.40904100
Total OI402.227240509425271

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$46.25$51.0022.6%6.5%19.5%27.5%0.0%-6.5%-5.2%-34.8K394.7K-1.6K0.00120.82N/AN/A00134291
2023-10-03$45.41$51.0019.3%5.5%19.9%20.1%32.5%11.4%7.8%-37.2K419.1K-1.5K0.1496.05N/AN/A71134291
2023-10-04$46.03$51.0025.0%7.2%21.0%32.9%0.0%2.6%-3.7%-53.5K381.5K-1.3K0.00115.50N/AN/A03128292
2023-10-05$46.28$50.0024.6%6.6%21.0%32.1%19.2%6.8%0.6%-38.3K404.4K-1.5K0.0095.67N/AN/A410128296
2023-10-06$46.44$50.0027.6%7.4%21.2%38.7%0.0%3.1%1.6%-32.1K399.3K-1.6K2.20112.48N/AN/A511171296
2023-10-09$46.84$50.0016.9%5.5%21.7%14.8%0.0%-2.1%5.4%-20.4K306.8K-1.3K0.00109.56N/AN/A00176305
2023-10-10$47.14$50.0028.1%6.3%21.9%40.0%11.5%10.2%1.7%-26.4K315.1K-1.4K0.00100.33N/AN/A10176305
2023-10-11$47.85$50.0018.5%5.3%22.7%18.4%19.0%-2.4%3.5%-18.0K270.2K-1.3K0.00111.16N/AN/A10176305
2023-10-12$47.21$50.0022.6%6.5%21.4%27.5%0.0%1.9%-2.4%-22.1K282.1K-1.3K0.00113.98N/AN/A00177305
2023-10-13$46.90$50.0022.0%6.3%21.4%26.2%0.0%3.8%-2.2%-20.1K282.5K-1.3K0.00101.91N/AN/A06177305
2023-10-16$47.64$50.0023.2%6.6%22.4%28.8%0.0%8.1%-3.6%-5.8K231.7K-1.2K0.00102.94N/AN/A00177299
2023-10-17$47.59$50.0021.0%6.0%22.4%24.1%20.0%8.5%2.8%-17.1K230.9K-1.2K2.30102.65N/AN/A1023177299
2023-10-18$46.70$50.0023.8%6.8%23.1%30.1%0.0%10.6%-2.6%-23.3K254.5K-1.3K0.00100.96N/AN/A014186323
2023-10-19$45.60$50.0025.1%7.2%21.9%33.2%0.0%-1.1%-12.8%-45.9K283.5K-1.4K0.00118.81N/AN/A00186309
2023-10-20$45.37$50.0023.2%6.7%21.9%29.0%0.0%-0.3%-4.7%-52.6K276.3K-1.1K0.00108.22N/AN/A02186309
2023-10-23$44.91$50.0027.2%7.8%22.0%37.9%18.3%3.5%-4.3%-8.5K197.4K-1.1K0.00104.72N/AN/A02297143
2023-10-24$45.34$50.0025.5%7.3%19.9%34.0%24.4%6.3%-0.3%-9.3K207.4K-1.1K1.00104.60N/AN/A1197163
2023-10-25$44.30$48.0032.3%9.3%21.3%49.3%0.0%2.2%-7.0%-11.4K231.7K-1.1K0.00117.32N/AN/A0398164
2023-10-26$44.81$48.0024.5%7.0%21.5%31.7%0.0%8.2%1.0%-9.8K214.7K-1.1K0.00103.54N/AN/A0098167
2023-10-27$43.98$48.0022.4%6.4%22.1%27.0%28.9%8.2%-2.9%-10.4K205.0K-1.1K0.00114.84N/AN/A0398167
2023-10-30$44.38$48.0020.2%5.8%21.6%22.3%17.2%2.6%3.2%-11.4K234.4K-1.1K0.00118.94N/AN/A8098169
2023-10-31$45.00$48.0019.3%5.5%21.4%20.2%0.0%0.4%13.6%-7.4K197.5K-1.1K0.00120.44N/AN/A00102169