USRT Options History — January 2025

In January 2025, USRT traded between $55.20 and $58.52. ATM implied volatility averaged 22.3%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 3.3% (HV 20d: 19.0%). Max pain ranged from $56.00 to $65.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-01-21: Highest Volume — 240 contracts
  • 2025-01-15: Largest IV drop — 54.3% change
  • 2025-01-14: Highest IV Rank — 97.2%
  • 2025-01-02: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.13$55.20$58.52$56.70$57.77
Max Pain$56.90$56.00$65.00$65.00$56.00
ATM IV22.3%16.7%43.4%23.9%19.8%
Expected Move5.4%4.8%6.8%6.8%5.7%
HV 20d19.0%17.4%22.2%17.4%17.8%
HV 60d17.2%16.3%17.8%16.3%17.3%
IV Rank26.9%8.3%97.2%32.1%18.6%
IV Percentile44.2%7.1%99.6%80.6%48.0%
Term Structure-0.5%-6.6%8.3%-6.6%-2.8%
VWIV18.8%14.4%31.1%15.9%15.5%
Skew 25d1.0%-2.9%3.1%2.0%0.0%
Skew 10d-1.7%-9.0%2.3%-1.5%0.7%
Call IV 25d20.0%18.1%25.5%25.5%22.6%
Put IV 25d21.1%16.7%27.5%27.5%22.6%
Bid-Ask Spread %135.94128.95152.88152.88134.90
Gamma HHI0.450.200.730.330.34
Net GEX4.8K3538.9K2.2K6.5K
Net DEX-12.4K-28.9K2.1K-2.3K-19.2K
Net VEX-98-186-41-65-133
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume13.5024000
Total OI176.2520261112261

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$56.70$65.0023.9%6.8%17.4%32.1%0.0%2.0%-6.6%2.2K-2.3K-650.00152.88N/AN/A001102
2025-01-03$57.53$65.0019.3%5.5%18.6%16.9%15.9%3.1%-0.4%3841.1K-410.00142.80N/AN/A1201102
2025-01-06$56.72$56.0018.3%5.2%19.0%13.6%0.0%1.4%-3.1%5.5K-15.2K-820.00128.95N/AN/A001222
2025-01-07$56.15$56.0026.6%5.5%19.2%41.2%31.1%1.5%-4.8%4.5K-12.0K-750.00136.51N/AN/A0101222
2025-01-08$56.36$56.0027.6%5.1%19.2%44.4%0.0%1.6%1.8%4.3K-11.7K-690.00133.76N/AN/A0012212
2025-01-10$55.20$56.0031.5%5.6%19.9%57.5%14.4%0.6%-1.8%2.5K-2.0K-620.00133.40N/AN/A0112212
2025-01-13$55.63$56.0038.4%5.5%20.3%80.6%0.0%2.4%2.2%3.0K-4.2K-590.00132.14N/AN/A0012213
2025-01-14$56.36$56.0043.4%5.3%21.1%97.2%0.0%2.1%1.3%4.2K-9.6K-580.00135.67N/AN/A0112213
2025-01-15$56.35$56.0019.9%5.7%21.1%18.7%0.0%0.8%-4.7%4.0K-6.0K-750.00129.64N/AN/A0012214
2025-01-16$57.28$56.0016.7%4.8%22.2%8.3%0.0%0.8%8.3%6.0K-14.4K-590.00132.02N/AN/A1012214
2025-01-17$57.31$56.0017.4%5.0%21.8%10.6%0.0%0.5%2.3%6.0K-17.9K-740.00139.26N/AN/A1012314
2025-01-21$58.35$56.0016.9%4.8%17.7%8.8%17.2%2.2%0.6%3532.1K-510.00136.03N/AN/A2400614
2025-01-22$57.56$56.0017.3%5.0%18.1%10.3%0.0%-2.9%-1.1%6.3K-15.7K-1500.00137.86N/AN/A0024614
2025-01-23$57.75$56.0017.4%5.0%17.5%10.6%15.5%2.0%-0.8%6.0K-14.6K-1400.00135.56N/AN/A4024614
2025-01-24$58.20$56.0017.3%4.9%17.6%10.0%0.0%1.7%1.8%8.1K-25.7K-1860.00136.52N/AN/A0024714
2025-01-27$58.52$56.0018.5%5.3%17.6%14.1%0.0%-0.7%-1.1%8.9K-28.9K-1800.00136.43N/AN/A0024714
2025-01-28$58.02$56.0018.9%5.4%17.8%15.6%0.0%1.2%1.0%7.6K-23.6K-1570.00136.00N/AN/A0024714
2025-01-29$57.30$56.0018.7%5.4%17.8%14.8%0.0%0.5%1.6%4.9K-12.9K-1180.00134.01N/AN/A0024714
2025-01-30$57.58$56.0018.7%5.4%17.9%14.9%0.0%0.1%-3.2%5.6K-15.9K-1260.00134.48N/AN/A0024714
2025-01-31$57.77$56.0019.8%5.7%17.8%18.6%0.0%0.0%-2.8%6.5K-19.2K-1330.00134.90N/AN/A0024714