USRT Options History — August 2024

In August 2024, USRT traded between $55.93 and $60.47. ATM implied volatility averaged 23.9%, placing in the 38.6% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 7.0% (HV 20d: 16.9%). Max pain ranged from $55.00 to $62.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.15.

Notable Days

2024-08-01: Highest Volume — 49 contracts
2024-08-05: Largest IV spike — 61.0% change
2024-08-13: Highest IV Rank — 94.8%
2024-08-06: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$58.35	$55.93	$60.47	$57.37	$60.47
Max Pain	$59.82	$55.00	$62.00	$55.00	$62.00
ATM IV	23.9%	16.2%	42.5%	22.3%	17.8%
Expected Move	5.5%	4.6%	8.1%	6.4%	5.1%
HV 20d	16.9%	14.2%	19.1%	14.2%	16.6%
HV 60d	14.4%	13.7%	15.0%	13.8%	13.9%
IV Rank	38.6%	15.2%	94.8%	33.7%	20.2%
IV Percentile	46.5%	7.1%	99.6%	67.1%	16.3%
Term Structure	-0.8%	-6.8%	8.0%	-5.5%	-1.6%
VWIV	21.2%	18.3%	26.9%	26.9%	19.8%
Skew 25d	0.5%	-8.8%	7.5%	1.1%	3.5%
Skew 10d	2.9%	-17.1%	19.8%	-1.2%	0.9%
Call IV 25d	19.7%	13.3%	29.8%	24.9%	16.6%
Put IV 25d	20.2%	12.0%	31.5%	25.9%	20.2%
Bid-Ask Spread %	148.81	119.41	162.87	124.32	149.85
Gamma HHI	0.46	0.27	0.58	0.46	0.48
Net GEX	22.7K	2.0K	72.4K	32.2K	7.9K
Net DEX	-200.1K	-400.0K	-28.8K	-279.4K	-107.2K
Net VEX	-307	-563	-76	-517	-236
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.15	0.00	0.50	0.26	0.00
Total Volume	3.5	0	49	49	0
Total OI	97.364	8	167	116	27

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-08-01	$57.37	$55.00	22.3%	6.4%	14.2%	33.7%	26.9%	1.1%	-5.5%	32.2K	-279.4K	-517	0.26	124.32	N/A	N/A	39	10	94	22
2024-08-02	$57.24	$55.00	23.4%	6.7%	14.3%	37.1%	18.3%	-8.8%	-6.8%	30.0K	-263.1K	-560	0.00	119.41	N/A	N/A	2	0	133	32
2024-08-05	$55.93	$60.00	37.7%	7.1%	17.1%	80.3%	0.0%	0.9%	0.7%	19.1K	-177.2K	-563	0.50	158.83	N/A	N/A	2	1	135	32
2024-08-06	$57.30	$60.00	42.3%	8.1%	18.8%	94.1%	0.0%	1.7%	-3.2%	25.8K	-273.5K	-525	0.00	162.87	N/A	N/A	0	0	137	24
2024-08-07	$56.91	$60.00	28.0%	5.8%	19.1%	50.9%	0.0%	0.7%	4.5%	29.4K	-241.6K	-460	0.00	134.17	N/A	N/A	0	0	137	24
2024-08-08	$57.42	$60.00	39.1%	6.8%	17.4%	84.3%	0.0%	7.5%	-2.1%	29.5K	-278.4K	-443	0.00	162.62	N/A	N/A	0	0	137	24
2024-08-09	$57.73	$60.00	29.8%	5.6%	17.2%	56.5%	0.0%	1.7%	-0.8%	38.6K	-315.9K	-362	0.00	135.38	N/A	N/A	0	0	137	24
2024-08-12	$57.07	$60.00	36.7%	5.1%	17.8%	77.1%	0.0%	1.1%	3.3%	34.6K	-248.6K	-315	0.00	150.37	N/A	N/A	0	0	137	24
2024-08-13	$57.77	$60.00	42.5%	5.1%	17.8%	94.8%	0.0%	1.6%	2.6%	39.6K	-317.9K	-263	0.00	150.93	N/A	N/A	0	0	137	24
2024-08-14	$58.08	$60.00	16.9%	4.8%	17.8%	17.4%	0.0%	2.3%	1.7%	38.2K	-345.2K	-226	0.00	150.40	N/A	N/A	0	0	137	24
2024-08-15	$58.16	$60.00	16.2%	4.7%	17.5%	15.4%	0.0%	1.6%	8.0%	40.8K	-361.9K	-175	0.00	154.24	N/A	N/A	0	0	137	24
2024-08-16	$57.79	$60.00	16.4%	4.7%	17.7%	15.9%	0.0%	0.9%	-0.9%	72.4K	-400.0K	-95	0.00	155.12	N/A	N/A	0	0	137	24
2024-08-19	$58.36	$60.00	16.4%	4.7%	17.6%	16.0%	19.8%	1.5%	-0.3%	2.0K	-28.8K	-76	0.00	152.73	N/A	N/A	19	0	8	0
2024-08-20	$58.41	$60.00	17.2%	4.9%	17.6%	18.4%	0.0%	0.9%	-0.6%	7.4K	-82.6K	-254	0.00	158.28	N/A	N/A	0	0	26	0
2024-08-21	$58.72	$60.00	16.5%	4.7%	16.4%	16.2%	0.0%	1.7%	-1.3%	6.9K	-86.2K	-251	0.00	153.67	N/A	N/A	0	0	26	0
2024-08-22	$58.94	$60.00	16.9%	4.9%	15.9%	17.5%	0.0%	1.2%	-1.5%	7.4K	-85.8K	-249	0.00	155.96	N/A	N/A	0	0	26	0
2024-08-23	$59.93	$60.00	16.2%	4.6%	16.1%	15.2%	0.0%	1.9%	-1.9%	7.5K	-98.6K	-237	0.00	146.34	N/A	N/A	0	0	26	0
2024-08-26	$60.09	$60.00	17.7%	5.1%	16.0%	19.8%	0.0%	-5.0%	-2.1%	7.3K	-104.3K	-225	0.00	150.53	N/A	N/A	0	0	26	0
2024-08-27	$60.25	$60.00	19.3%	5.5%	16.0%	24.8%	19.8%	-3.3%	-5.7%	7.8K	-103.0K	-229	0.00	145.62	N/A	N/A	4	0	26	0
2024-08-28	$59.95	$62.00	18.1%	5.2%	16.2%	21.0%	0.0%	-2.9%	-2.5%	7.4K	-102.8K	-243	0.00	148.69	N/A	N/A	0	0	27	0
2024-08-29	$59.76	$62.00	18.5%	5.3%	16.4%	22.2%	0.0%	-1.3%	-2.3%	7.3K	-101.0K	-247	0.00	153.45	N/A	N/A	0	0	27	0
2024-08-30	$60.47	$62.00	17.8%	5.1%	16.6%	20.2%	0.0%	3.5%	-1.6%	7.9K	-107.2K	-236	0.00	149.85	N/A	N/A	0	0	27	0