USRT Options History — July 2024

In July 2024, USRT traded between $53.05 and $57.25. ATM implied volatility averaged 20.7%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 8.1% (HV 20d: 12.6%). Max pain ranged from $53.00 to $55.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-07-12: Highest Volume — 60 contracts
  • 2024-07-10: Largest IV drop — 26.0% change
  • 2024-07-30: Highest IV Rank — 44.4%
  • 2024-07-30: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.57$53.05$57.25$53.05$57.23
Max Pain$53.23$53.00$55.00$54.00$55.00
ATM IV20.7%17.6%25.8%21.0%22.4%
Expected Move5.7%4.9%7.4%6.0%6.4%
HV 20d12.6%9.9%14.8%11.1%14.3%
HV 60d13.8%13.0%15.8%15.8%13.8%
IV Rank30.4%21.7%44.4%31.6%34.2%
IV Percentile49.5%20.6%85.3%60.7%68.3%
Term Structure-1.6%-6.7%2.2%-4.7%-5.9%
VWIV19.4%15.1%29.6%16.1%29.6%
Skew 25d-0.5%-8.5%1.8%1.5%0.4%
Skew 10d-2.0%-16.4%3.5%1.0%-0.9%
Call IV 25d21.4%18.3%25.4%23.7%25.1%
Put IV 25d20.9%14.2%27.0%25.2%25.5%
Bid-Ask Spread %131.06122.64158.87152.65126.01
Gamma HHI0.460.310.660.360.45
Net GEX12.2K-11.4K31.7K-6.9K31.0K
Net DEX-118.7K-288.0K58.4K58.4K-267.7K
Net VEX-422-591-231-295-540
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.45506000
Total OI82.3644811748116

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$53.05$54.0021.0%6.0%11.1%31.6%0.0%1.5%-4.7%-6.9K58.4K-2950.00152.65N/AN/A001830
2024-07-02$53.39$54.0021.7%6.2%11.2%33.6%0.0%1.5%-4.2%-6.8K49.1K-2940.00157.35N/AN/A001830
2024-07-03$53.31$54.0022.9%6.6%10.4%37.1%0.0%-3.7%-6.7%-6.9K51.2K-2910.00158.87N/AN/A001830
2024-07-05$53.45$53.0023.3%5.0%10.3%38.3%0.0%1.8%-1.3%-7.0K48.4K-2790.00131.30N/AN/A001830
2024-07-08$53.63$53.0025.1%5.0%10.3%43.6%0.0%-1.1%-0.2%-11.4K47.6K-2640.00131.55N/AN/A0181830
2024-07-09$53.61$53.0024.9%4.9%9.9%43.0%0.0%0.1%0.2%-9.7K56.1K-2750.00129.10N/AN/A001835
2024-07-10$53.89$53.0018.4%5.3%10.0%24.0%16.1%0.8%1.1%-11.0K46.9K-2680.00127.80N/AN/A021835
2024-07-11$55.27$53.0017.6%5.1%12.6%21.7%0.0%1.5%0.6%-7.1K466-2510.00124.77N/AN/A001837
2024-07-12$55.78$53.0018.1%5.2%12.8%23.0%17.5%0.5%2.2%-6.0K-15.4K-2310.00128.60N/AN/A6001837
2024-07-15$55.94$53.0018.3%5.2%12.7%23.7%0.0%0.8%0.2%15.9K-162.0K-5910.00129.47N/AN/A107837
2024-07-16$56.61$53.0018.1%5.2%12.9%23.1%0.0%1.4%1.4%20.1K-211.0K-5840.00128.66N/AN/A107937
2024-07-17$57.01$53.0018.4%5.3%12.9%23.9%0.0%0.1%1.3%22.9K-243.3K-5660.00126.46N/AN/A008037
2024-07-18$56.57$53.0018.7%5.3%13.6%24.7%15.1%-0.5%-4.1%20.4K-212.4K-5680.00127.03N/AN/A108037
2024-07-19$56.50$53.0020.0%5.7%13.5%28.5%0.0%0.7%-3.4%26.5K-207.9K-5360.00127.02N/AN/A008037
2024-07-22$57.15$53.0018.6%5.3%13.7%24.7%18.6%-6.6%0.8%31.2K-243.7K-4970.00122.64N/AN/A307712
2024-07-23$57.25$53.0018.5%5.3%13.4%24.3%0.0%-4.0%-1.3%30.0K-262.9K-4980.00128.64N/AN/A008012
2024-07-24$56.35$53.0020.3%5.8%13.6%29.6%0.0%-0.9%-1.6%28.6K-208.3K-4970.00123.61N/AN/A008012
2024-07-25$55.82$53.0020.5%5.9%14.2%30.1%0.0%0.8%-3.9%26.2K-175.0K-4870.00123.89N/AN/A108012
2024-07-26$56.66$53.0020.6%5.9%14.8%28.7%0.0%1.5%-0.6%28.2K-227.1K-4880.00124.41N/AN/A108112
2024-07-29$56.95$53.0022.3%6.4%14.5%33.7%0.0%-8.5%-1.4%29.3K-245.2K-4620.00124.45N/AN/A008212
2024-07-30$57.20$53.0025.8%7.4%14.3%44.4%29.6%1.6%-3.3%31.7K-288.0K-5110.00129.09N/AN/A0109412
2024-07-31$57.23$55.0022.4%6.4%14.3%34.2%0.0%0.4%-5.9%31.0K-267.7K-5400.00126.01N/AN/A009422