USRT Options History — March 2025

In March 2025, USRT traded between $56.11 and $60.08. ATM implied volatility averaged 21.2%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 6.3% (HV 20d: 14.8%). Max pain ranged from $61.00 to $63.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-03-07: Highest Volume — 12 contracts
  • 2025-03-11: Largest IV drop — 16.8% change
  • 2025-03-10: Highest IV Rank — 37.9%
  • 2025-03-14: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.84$56.11$60.08$60.06$57.75
Max Pain$62.05$61.00$63.00$61.00$63.00
ATM IV21.2%18.3%25.6%22.5%21.8%
Expected Move6.3%4.5%9.5%6.5%5.5%
HV 20d14.8%7.6%19.7%7.6%19.7%
HV 60d15.9%15.2%17.5%15.2%15.9%
IV Rank23.1%13.6%37.9%27.6%25.1%
IV Percentile59.5%23.0%84.9%75.0%69.8%
Term Structure-1.4%-4.0%1.6%-3.3%-1.6%
VWIV35.7%35.7%35.7%35.7%35.7%
Skew 25d2.7%0.3%7.7%1.5%7.5%
Skew 10d4.0%-11.5%14.4%-2.3%14.4%
Call IV 25d19.8%14.8%22.4%22.1%18.7%
Put IV 25d22.5%20.3%26.2%23.5%26.2%
Bid-Ask Spread %140.03133.44149.44140.79134.99
Gamma HHI0.770.620.990.650.99
Net GEX107.4K41.7K219.7K218.1K69.0K
Net DEX-418.7K-1.3M-90.0K-1.3M-166.9K
Net VEX-2.0K-4.9K-538-4.9K-772
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.76201200
Total OI680.429609713701609

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$60.06$61.0022.5%6.5%7.6%27.6%0.0%1.5%-3.3%218.1K-1.3M-4.9K0.00140.79N/AN/A006992
2025-03-04$59.80$61.0022.9%6.6%7.8%28.8%0.0%6.1%-3.2%208.5K-1.2M-4.8K0.00138.31N/AN/A006992
2025-03-05$60.08$61.0022.6%6.5%7.8%27.9%0.0%2.5%1.6%219.7K-879.7K-3.9K0.00137.25N/AN/A006992
2025-03-06$58.72$61.0023.4%6.7%10.9%30.6%0.0%4.7%-0.0%160.1K-740.3K-3.6K0.00144.41N/AN/A006992
2025-03-07$58.72$61.0024.5%7.0%10.9%34.2%35.7%2.3%-0.6%150.2K-631.5K-3.0K0.00144.86N/AN/A1206992
2025-03-10$58.27$61.0025.6%7.3%11.3%37.9%0.0%1.4%-0.1%141.5K-600.0K-2.8K0.00149.44N/AN/A007112
2025-03-11$57.58$61.0021.3%7.6%12.0%23.5%0.0%1.8%-2.3%110.2K-413.0K-2.1K0.00144.44N/AN/A007112
2025-03-12$57.48$61.0021.2%8.6%11.9%23.1%0.0%1.7%-1.0%101.6K-372.4K-1.9K0.00144.74N/AN/A007112
2025-03-13$56.11$61.0022.3%8.5%14.4%26.9%0.0%1.1%-2.6%70.7K-241.4K-1.5K0.00148.92N/AN/A407112
2025-03-14$56.83$61.0020.8%9.5%14.8%21.7%0.0%0.9%0.2%73.2K-236.2K-1.3K0.00146.70N/AN/A007112
2025-03-17$58.10$63.0020.0%5.5%17.0%19.2%0.0%1.8%-0.0%115.6K-384.5K-1.9K0.00140.69N/AN/A007112
2025-03-18$57.36$63.0019.4%5.3%17.6%17.1%0.0%1.0%-2.2%97.4K-297.4K-1.5K0.00133.44N/AN/A007112
2025-03-19$57.70$63.0019.4%5.5%17.7%17.2%0.0%1.5%1.3%107.7K-316.5K-1.5K0.00133.49N/AN/A007112
2025-03-20$57.39$63.0019.7%5.1%17.7%18.0%0.0%1.9%-2.7%91.1K-253.0K-1.2K0.00136.81N/AN/A007112
2025-03-21$56.74$63.0019.0%5.3%18.0%15.8%0.0%4.5%0.1%57.7K-137.2K-8410.00134.98N/AN/A007112
2025-03-24$57.58$63.0018.3%4.5%18.7%13.6%0.0%7.7%-2.3%65.2K-157.6K-9350.00137.97N/AN/A006072
2025-03-25$56.95$63.0018.8%4.7%18.9%15.2%0.0%0.3%-4.0%41.7K-90.0K-5380.00135.16N/AN/A006072
2025-03-26$57.34$63.0020.2%4.9%19.1%19.9%0.0%1.8%-2.3%62.5K-160.2K-8830.00140.95N/AN/A006072
2025-03-27$57.18$63.0019.8%4.9%19.0%18.6%0.0%3.2%-1.9%51.0K-117.7K-6680.00135.72N/AN/A006072
2025-03-28$56.87$63.0020.9%5.3%18.8%22.1%0.0%1.6%-3.0%43.8K-100.6K-5950.00136.56N/AN/A006072
2025-03-31$57.75$63.0021.8%5.5%19.7%25.1%0.0%7.5%-1.6%69.0K-166.9K-7720.00134.99N/AN/A006072