USRT Options History — April 2024

In April 2024, USRT traded between $49.36 and $53.54. ATM implied volatility averaged 20.1%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 0.4% (HV 20d: 19.6%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.20.

Notable Days

  • 2024-04-19: Highest Volume — 11 contracts
  • 2024-04-29: Largest IV spike — 50.6% change
  • 2024-04-09: Highest IV Rank — 55.8%
  • 2024-04-29: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.10$49.36$53.54$52.93$50.14
Max Pain$50.41$50.00$53.00$53.00$50.00
ATM IV20.1%14.6%27.0%20.9%16.5%
Expected Move5.6%4.2%6.7%6.0%4.7%
HV 20d19.6%15.9%22.1%16.7%19.6%
HV 60d17.5%16.2%18.3%16.2%17.7%
IV Rank32.8%14.6%55.8%35.4%20.7%
IV Percentile48.5%10.3%91.7%56.7%18.7%
Term Structure-0.4%-5.8%6.0%-2.5%-0.8%
VWIV26.2%21.1%32.4%23.0%30.9%
Skew 25d-0.1%-7.0%3.5%-3.1%-0.7%
Skew 10d0.9%-12.2%3.5%0.7%1.6%
Call IV 25d22.3%17.7%26.1%23.8%26.1%
Put IV 25d22.2%14.7%25.5%20.7%25.5%
Bid-Ask Spread %124.91116.59132.09129.85120.35
Gamma HHI0.470.250.710.270.69
Net GEX-9.6K-20.4K6.0K1.5K-18.5K
Net DEX41.1K-75.5K133.5K-46.5K84.4K
Net VEX-520-690-363-664-365
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.001.001.000.00
Total Volume0.81801100
Total OI220.818219224219223

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$52.93$53.0020.9%6.0%16.7%35.4%0.0%-3.1%-2.5%1.5K-46.5K-6640.00129.85N/AN/A0086133
2024-04-02$52.18$53.0020.7%5.9%16.8%34.9%0.0%0.8%-5.1%-3.0K-5.3K-6900.00132.09N/AN/A0086133
2024-04-03$52.30$53.0020.4%5.8%16.1%33.8%0.0%-7.0%-4.3%-2.4K-10.3K-6640.00131.64N/AN/A0086133
2024-04-04$51.90$50.0022.0%5.3%15.9%39.0%0.0%0.1%-2.6%-3.8K7.5K-6770.00123.53N/AN/A0086133
2024-04-05$52.20$50.0020.3%5.3%16.1%33.7%0.0%1.6%2.4%-3.5K-5.5K-6420.00127.95N/AN/A0086133
2024-04-08$52.97$50.0020.9%6.0%16.5%35.4%0.0%3.1%-1.2%2.5K-55.9K-6040.00125.20N/AN/A0086133
2024-04-09$53.54$50.0027.0%5.3%17.0%55.8%23.0%3.1%1.6%6.0K-75.5K-4301.00125.54N/AN/A1186133
2024-04-10$51.59$50.0019.5%5.6%21.4%30.8%0.0%0.8%0.7%-6.1K18.4K-6100.00126.20N/AN/A0087133
2024-04-11$51.89$50.0020.4%5.8%21.6%33.7%23.9%-6.1%0.5%-7.3K22.3K-5860.00124.86N/AN/A2087133
2024-04-12$51.22$50.0019.9%5.7%20.7%32.2%0.0%-2.3%-0.1%-9.1K42.4K-5750.00126.56N/AN/A0087133
2024-04-15$50.25$50.0019.7%5.6%21.5%31.3%0.0%0.8%2.3%-12.2K75.8K-5220.00116.59N/AN/A1087133
2024-04-16$49.85$50.0019.8%5.7%21.6%31.8%0.0%1.5%0.3%-12.2K107.6K-5200.00124.99N/AN/A0087133
2024-04-17$49.47$50.0022.7%6.5%21.6%41.6%21.1%1.6%-1.3%-13.9K127.4K-4890.00125.41N/AN/A1087133
2024-04-18$49.36$50.0022.5%6.4%21.3%40.8%0.0%1.6%5.1%-15.3K133.5K-4680.00124.21N/AN/A0088133
2024-04-19$49.59$50.0014.6%4.2%21.4%14.6%32.4%3.5%6.0%-20.4K99.5K-4410.00125.31N/AN/A11088133
2024-04-22$50.06$50.0019.1%5.5%21.6%29.6%0.0%1.9%1.2%-15.2K82.2K-4480.00118.09N/AN/A0095129
2024-04-23$50.64$50.0020.4%5.8%22.1%33.8%30.9%-0.3%-2.7%-14.1K54.1K-4350.00121.02N/AN/A0195129
2024-04-24$50.66$50.0020.8%6.0%22.1%35.3%0.0%0.7%-3.4%-15.0K54.8K-4190.00123.02N/AN/A0095128
2024-04-25$50.25$50.0015.0%4.3%20.7%15.7%0.0%1.4%-0.5%-16.3K76.4K-4090.00121.16N/AN/A0095128
2024-04-26$50.42$50.0015.4%4.4%20.2%17.3%0.0%-0.0%0.6%-15.4K66.9K-4120.00127.95N/AN/A0095128
2024-04-29$50.70$50.0023.3%6.7%19.8%43.3%0.0%-5.0%-5.8%-17.4K49.8K-3630.00126.50N/AN/A0095128
2024-04-30$50.14$50.0016.5%4.7%19.6%20.7%0.0%-0.7%-0.8%-18.5K84.4K-3650.00120.35N/AN/A0095128