USRT Options History — May 2024

In May 2024, USRT traded between $50.38 and $53.36. ATM implied volatility averaged 24.4%, placing in the 44.5% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 9.5% (HV 20d: 14.9%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2024-05-01: Highest Volume — 64 contracts
  • 2024-05-15: Largest IV drop — 57.3% change
  • 2024-05-14: Highest IV Rank — 100.0%
  • 2024-05-02: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.91$50.38$53.36$50.38$52.22
Max Pain$52.18$50.00$53.00$50.00$53.00
ATM IV24.4%18.6%44.3%19.0%22.1%
Expected Move5.8%5.1%8.3%5.4%6.3%
HV 20d14.9%12.1%19.7%19.7%15.8%
HV 60d17.0%16.5%17.6%17.5%17.1%
IV Rank44.5%24.7%100.0%29.0%34.8%
IV Percentile67.5%32.1%100.0%35.7%68.3%
Term Structure-3.5%-23.2%7.3%-6.7%-4.2%
VWIV22.4%18.5%26.2%26.2%18.5%
Skew 25d-0.3%-9.6%2.5%0.5%2.5%
Skew 10d2.5%-8.9%17.1%-3.9%-7.0%
Call IV 25d22.0%19.1%29.9%26.5%24.4%
Put IV 25d21.7%15.5%27.2%27.0%26.9%
Bid-Ask Spread %150.41113.23160.65118.98151.68
Gamma HHI0.420.260.750.590.43
Net GEX-134-15.1K17.4K-13.7K-310
Net DEX-4.6K-97.9K72.5K72.5K16.3K
Net VEX-248-410-121-373-200
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.001.000.001.00
Total Volume3.455064640
Total OI177.5451228722333

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$50.38$50.0019.0%5.4%19.7%29.0%26.2%0.5%-6.7%-13.7K72.5K-3730.00118.98N/AN/A64095128
2024-05-02$50.67$50.0028.9%8.3%19.7%62.3%0.0%-2.7%-23.2%-8.8K68.2K-4100.00113.23N/AN/A00159128
2024-05-03$50.97$50.0023.8%6.8%19.7%45.2%0.0%-9.6%-6.3%-15.1K33.5K-3370.00118.95N/AN/A00159128
2024-05-06$51.14$0.0026.8%5.5%18.9%55.1%0.0%2.4%-0.7%-9.7K28.6K-3390.00159.04N/AN/A00159128
2024-05-07$51.70$0.0026.9%5.4%18.9%55.6%0.0%1.9%-0.7%-4.6K-2.5K-3240.00158.35N/AN/A00159128
2024-05-08$51.19$0.0028.4%5.5%14.0%60.5%0.0%1.8%-2.3%-9.6K26.4K-3110.00160.65N/AN/A00159128
2024-05-09$52.16$0.0027.1%5.1%15.5%56.3%0.0%1.7%0.1%1.3K-27.3K-3010.00156.11N/AN/A00159128
2024-05-10$52.04$0.0030.0%5.3%14.7%65.7%0.0%1.7%-2.6%-441-21.7K-2990.00157.97N/AN/A00159128
2024-05-13$52.17$0.0037.8%5.4%12.7%91.8%0.0%1.7%-2.8%728-27.8K-2530.00156.20N/AN/A00159128
2024-05-14$52.69$0.0044.3%5.4%12.4%100.0%0.0%2.0%-1.2%7.8K-56.9K-2410.00154.87N/AN/A00159128
2024-05-15$53.36$0.0018.9%5.4%12.3%25.5%0.0%2.1%-2.7%17.4K-97.9K-2260.00153.33N/AN/A00159128
2024-05-16$53.25$0.0018.8%5.4%12.3%25.2%0.0%1.4%7.3%15.2K-88.1K-1900.00156.34N/AN/A00159128
2024-05-17$53.24$0.0018.7%5.4%12.3%24.9%0.0%1.5%-2.2%13.9K-81.2K-1400.00156.60N/AN/A00159128
2024-05-20$53.04$0.0018.6%5.3%12.4%24.7%18.5%0.9%-2.1%2.8K-24.2K-1211.00154.06N/AN/A11120
2024-05-21$52.93$53.0018.8%5.4%12.1%25.0%0.0%1.4%-2.1%2.8K-21.4K-1380.00155.80N/AN/A010131
2024-05-22$52.50$53.0019.7%5.6%12.6%27.7%0.0%-5.7%-3.8%-436.9K-2330.00150.57N/AN/A001311
2024-05-23$51.50$53.0020.8%6.0%14.3%31.1%0.0%-0.0%-5.0%-23216.2K-2140.00151.79N/AN/A001311
2024-05-24$51.50$53.0021.9%6.3%14.3%34.2%0.0%1.3%-5.0%-70417.1K-2150.00158.52N/AN/A001320
2024-05-28$51.30$53.0021.1%6.0%14.3%31.8%0.0%-7.9%-3.9%-32519.4K-1990.00151.82N/AN/A001320
2024-05-29$50.71$53.0022.6%6.5%14.3%36.2%0.0%2.1%-3.8%-94323.8K-1860.00157.86N/AN/A001320
2024-05-30$51.33$53.0022.7%6.5%14.8%36.7%0.0%-8.1%-4.1%-25718.4K-2000.00156.22N/AN/A001320
2024-05-31$52.22$53.0022.1%6.3%15.8%34.8%0.0%2.5%-4.2%-31016.3K-2000.00151.68N/AN/A001320