USRT Options History — February 2025

In February 2025, USRT traded between $57.65 and $59.83. ATM implied volatility averaged 21.1%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 8.9% (HV 20d: 12.3%). Max pain ranged from $56.00 to $61.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-02-27: Highest Volume — 605 contracts
  • 2025-02-28: Largest IV spike — 41.7% change
  • 2025-02-28: Highest IV Rank — 53.6%
  • 2025-02-28: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.82$57.65$59.83$57.65$59.83
Max Pain$58.86$56.00$61.00$56.00$61.00
ATM IV21.1%17.8%30.3%20.7%30.3%
Expected Move5.8%5.0%8.7%5.9%8.7%
HV 20d12.3%7.5%17.6%17.6%7.5%
HV 60d16.5%16.1%17.3%17.3%16.1%
IV Rank22.9%11.8%53.6%21.4%53.6%
IV Percentile54.7%15.9%94.4%58.7%94.4%
Term Structure-0.7%-4.3%16.4%-0.4%16.4%
VWIV17.1%17.1%17.1%17.1%17.1%
Skew 25d2.5%-3.6%23.6%2.2%23.6%
Skew 10d0.3%-5.8%4.0%0.8%-2.0%
Call IV 25d20.2%16.9%24.2%22.8%24.2%
Put IV 25d22.7%17.0%47.8%25.1%47.8%
Bid-Ask Spread %146.78131.59154.02131.86154.02
Gamma HHI0.530.270.920.360.59
Net GEX20.1K185171.8K5.3K171.8K
Net DEX-105.6K-1.3M-2.5K-14.7K-1.3M
Net VEX-422-5.3K-43-112-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume36.684060500
Total OI244.5794701261701

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$57.65$56.0020.7%5.9%17.6%21.4%0.0%2.2%-0.4%5.3K-14.7K-1120.00131.86N/AN/A0024714
2025-02-04$57.83$56.0021.8%6.2%16.8%25.1%0.0%2.2%-1.2%6.1K-17.9K-1250.00135.17N/AN/A0024714
2025-02-05$58.55$56.0021.1%6.0%16.4%22.7%0.0%1.3%-3.2%7.5K-23.8K-1260.00131.59N/AN/A0024714
2025-02-06$58.52$0.0021.8%5.2%15.9%25.0%0.0%0.5%-1.1%7.9K-25.4K-1350.00151.43N/AN/A0024714
2025-02-07$58.53$0.0021.1%5.0%15.9%23.0%0.0%0.5%-0.1%7.0K-22.8K-1200.00150.12N/AN/A0024714
2025-02-10$58.50$0.0024.6%5.4%13.5%34.5%0.0%0.7%-0.3%6.9K-22.1K-1100.00150.27N/AN/A0024714
2025-02-11$58.69$0.0025.3%5.3%13.4%37.0%0.0%1.4%-0.7%6.6K-22.1K-970.00150.76N/AN/A0024714
2025-02-12$58.40$0.0018.0%5.1%13.0%12.4%0.0%1.1%-0.8%5.7K-17.5K-840.00149.88N/AN/A0024714
2025-02-13$58.99$0.0017.8%5.1%13.3%11.8%0.0%0.1%0.3%6.3K-21.7K-840.00148.74N/AN/A0024714
2025-02-14$58.85$0.0018.4%5.3%12.3%13.8%0.0%0.1%-2.2%6.5K-21.9K-860.00150.94N/AN/A0024714
2025-02-18$58.85$0.0019.0%5.4%12.3%15.7%0.0%-3.6%-2.4%6.2K-20.4K-690.00150.94N/AN/A0024714
2025-02-19$59.05$0.0019.1%5.5%10.7%16.2%0.0%1.1%-2.6%6.2K-20.9K-620.00151.96N/AN/A0024714
2025-02-20$59.19$0.0018.8%5.4%9.3%15.2%0.0%1.0%-2.2%6.5K-22.8K-560.00150.91N/AN/A0024714
2025-02-21$58.81$0.0019.4%5.6%9.7%17.0%0.0%-3.1%-1.6%5.7K-17.6K-480.00150.55N/AN/A0024714
2025-02-24$59.14$0.0020.3%5.8%9.5%20.1%17.1%4.7%-2.0%185-2.5K-430.00144.89N/AN/A92022
2025-02-25$59.46$61.0021.5%6.2%9.5%24.0%0.0%4.4%-3.7%39.7K-143.1K-4940.00145.46N/AN/A00942
2025-02-26$59.24$61.0021.3%6.1%9.0%23.6%0.0%3.6%-4.3%37.6K-124.5K-4490.00144.75N/AN/A00942
2025-02-27$59.53$61.0021.4%6.1%7.5%23.8%0.0%5.8%-1.0%42.9K-133.4K-4650.00144.49N/AN/A6050942
2025-02-28$59.83$61.0030.3%8.7%7.5%53.6%0.0%23.6%16.4%171.8K-1.3M-5.3K0.00154.02N/AN/A006992