USRT Options History — February 2026

In February 2026, USRT traded between $58.27 and $63.25. ATM implied volatility averaged 18.2%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 5.8% (HV 20d: 12.4%). Max pain ranged from $54.00 to $63.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.29.

Notable Days

  • 2026-02-23: Highest Volume — 9 contracts
  • 2026-02-12: Largest IV drop — 22.5% change
  • 2026-02-09: Highest IV Rank — 18.9%
  • 2026-02-03: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.44$58.27$63.25$58.27$63.14
Max Pain$61.00$54.00$63.00$54.00$62.00
ATM IV18.2%13.6%22.5%20.8%16.2%
Expected Move4.9%3.9%6.0%6.0%4.6%
HV 20d12.4%11.3%13.2%11.3%11.3%
HV 60d11.2%10.6%11.5%10.6%11.1%
IV Rank11.5%3.5%18.9%16.0%8.0%
IV Percentile27.0%0.4%71.4%57.9%4.4%
Term Structure0.5%-3.9%4.9%0.5%3.9%
VWIV15.0%11.7%18.2%18.2%15.7%
Skew 25d0.6%-1.4%7.8%0.9%6.4%
Skew 10d2.3%-1.7%17.9%17.9%-1.6%
Call IV 25d19.1%13.2%23.2%22.5%13.2%
Put IV 25d19.8%16.4%24.8%23.5%19.6%
Bid-Ask Spread %147.02140.71152.30149.52144.72
Gamma HHI0.380.210.590.220.47
Net GEX7.0K1.9K13.1K1.9K9.0K
Net DEX-45.6K-70.8K-11.4K-11.4K-66.4K
Net VEX-152-203-94-94-203
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.002.000.000.00
Total Volume1.1580910
Total OI20.05314261426

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$58.27$54.0020.8%6.0%11.3%16.0%0.0%0.9%0.5%1.9K-11.4K-940.00149.52N/AN/A10104
2026-02-03$58.30$54.0020.9%6.0%11.3%16.1%0.0%1.5%-2.0%2.0K-13.0K-960.00151.31N/AN/A00114
2026-02-04$59.32$54.0020.1%5.8%12.5%14.8%0.0%7.8%-1.2%2.9K-17.7K-980.00146.03N/AN/A00114
2026-02-05$59.53$63.0020.9%4.8%12.1%16.1%0.0%0.7%1.2%3.1K-19.4K-980.00151.92N/AN/A00114
2026-02-06$60.44$63.0020.6%4.8%12.8%15.6%0.0%0.3%1.4%3.9K-24.8K-1030.00152.30N/AN/A40114
2026-02-09$60.61$63.0022.5%5.1%12.8%18.9%0.0%1.0%-0.4%5.0K-41.0K-1540.00147.57N/AN/A02154
2026-02-10$61.41$63.0022.1%4.6%13.2%18.3%0.0%1.3%1.9%8.4K-42.2K-1760.00148.18N/AN/A00155
2026-02-11$61.50$63.0017.5%5.0%13.2%10.3%18.2%-0.2%-0.8%9.4K-44.4K-1670.00146.32N/AN/A10155
2026-02-12$61.83$62.0013.6%3.9%13.2%3.5%14.4%-1.4%4.9%10.1K-54.9K-1700.00144.28N/AN/A10165
2026-02-13$62.19$62.0016.1%4.6%13.1%7.8%0.0%-0.3%1.5%10.2K-63.5K-1600.00144.13N/AN/A00175
2026-02-17$62.89$62.0015.1%4.3%13.0%6.1%0.0%-0.1%4.5%7.1K-70.8K-1570.00144.30N/AN/A00175
2026-02-18$62.05$62.0017.6%5.0%13.0%10.4%0.0%-1.3%0.3%13.1K-60.4K-1650.00144.80N/AN/A00175
2026-02-19$61.93$62.0018.0%5.2%13.1%11.2%0.0%-0.9%-3.9%13.1K-58.3K-1600.00146.97N/AN/A00175
2026-02-20$62.45$62.0018.1%5.2%12.4%11.4%11.7%-0.4%-2.1%10.2K-69.1K-1442.00146.96N/AN/A12175
2026-02-23$62.70$62.0015.9%4.6%12.4%7.5%15.7%-0.9%1.1%2.7K-31.6K-1470.00140.71N/AN/A90115
2026-02-24$62.71$62.0016.9%4.8%12.4%9.1%0.0%-0.4%-0.4%6.9K-55.8K-2030.00148.03N/AN/A00205
2026-02-25$62.78$62.0016.8%4.8%12.2%9.1%0.0%-1.0%-0.5%7.1K-56.8K-2000.00147.46N/AN/A00205
2026-02-26$63.25$62.0016.4%4.7%11.3%8.4%0.0%-0.7%-0.0%7.5K-64.9K-1920.00147.84N/AN/A10205
2026-02-27$63.14$62.0016.2%4.6%11.3%8.0%0.0%6.4%3.9%9.0K-66.4K-2030.00144.72N/AN/A00215