DUG Options History — June 2008

In June 2008, DUG traded between $10576.00 and $12108.00. ATM implied volatility averaged 63.0%, placing in the 61.8% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 5.8% (HV 20d: 57.2%). Max pain ranged from $10800.00 to $11200.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.24.

Notable Days

  • 2008-06-25: Highest Volume — 63 contracts
  • 2008-06-06: Largest IV spike — 14.0% change
  • 2008-06-19: Highest IV Rank — 76.5%
  • 2008-06-19: Largest Expected Move — 20.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11163.24$10576.00$12108.00$11460.00$10684.00
Max Pain$11123.81$10800.00$11200.00$11200.00$11200.00
ATM IV63.0%56.1%69.6%57.9%61.2%
Expected Move18.1%16.1%20.0%16.6%17.6%
HV 20d57.2%44.0%64.3%45.2%62.4%
HV 60d49.6%46.2%52.0%51.0%50.4%
IV Rank61.8%46.3%76.5%50.4%57.8%
IV Percentile71.2%31.1%95.0%42.9%60.5%
Term Structure2.2%-3.0%6.2%5.7%3.3%
VWIV63.6%56.2%67.8%58.1%61.9%
Skew 25d-5.3%-9.3%2.4%-5.6%-6.3%
Skew 10d-8.9%-21.0%7.0%-6.7%-11.3%
Call IV 25d66.0%56.6%70.3%60.8%64.0%
Put IV 25d60.7%54.3%64.8%55.2%57.8%
Bid-Ask Spread %38.3112.6372.7312.8512.63
Gamma HHI0.200.150.250.210.17
Net GEX3.0M1.1M4.9M3.2M1.9M
Net DEX-44.8M-105.1M-9.6M-64.5M-25.8M
Net VEX-341.1K-395.0K-271.5K-371.9K-304.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.090.370.290.20
Total Volume35.09513632317
Total OI327.524216389311280

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-06-02$11460.00$11200.0057.9%16.6%45.2%50.4%58.1%-5.6%5.7%3.2M-64.5M-371.9K0.2912.85N/AN/A18522487
2008-06-03$11896.00$11200.0056.1%16.1%46.7%46.3%56.3%2.4%5.9%3.8M-86.6M-380.5K0.2918.36N/AN/A25722988
2008-06-04$12108.00$11200.0056.6%16.2%44.0%47.5%56.2%-1.5%5.4%3.9M-105.1M-395.0K0.2772.67N/AN/A361023292
2008-06-05$11020.00$11200.0056.1%16.1%54.9%46.4%59.1%-7.7%6.2%2.9M-36.0M-367.2K0.3772.73N/AN/A351323895
2008-06-06$11292.00$11200.0064.0%18.6%55.2%64.0%65.8%-6.1%2.7%3.3M-51.8M-392.7K0.2054.46N/AN/A44924699
2008-06-09$10808.00$11200.0065.8%18.8%56.9%67.9%66.5%-7.8%-0.9%2.8M-26.2M-356.9K0.3226.81N/AN/A279253101
2008-06-10$11292.00$11200.0063.4%18.2%59.4%62.7%64.6%-6.9%2.4%3.7M-53.9M-380.5K0.2656.65N/AN/A359263104
2008-06-11$11072.00$11200.0065.6%19.0%59.0%67.5%65.4%-8.2%-0.9%3.2M-38.3M-366.2K0.2521.46N/AN/A164258104
2008-06-12$11432.00$11200.0066.3%19.0%59.7%69.1%66.5%-4.3%0.3%3.9M-67.1M-379.7K0.1829.52N/AN/A295260105
2008-06-13$11260.00$11200.0064.0%18.4%58.9%64.0%67.8%-6.6%2.0%3.8M-53.5M-366.6K0.1821.11N/AN/A112262106
2008-06-16$11176.00$11200.0066.1%19.0%55.8%68.7%66.2%-4.6%0.5%3.8M-37.3M-325.8K0.0917.00N/AN/A242265106
2008-06-17$10728.00$11200.0067.3%19.3%57.1%71.3%64.8%-7.6%0.4%2.7M-11.7M-299.0K0.3137.65N/AN/A278267106
2008-06-18$10792.00$11200.0065.5%18.8%56.8%67.4%66.5%-6.5%1.5%2.5M-9.6M-300.8K0.2764.82N/AN/A267279110
2008-06-19$11224.00$11200.0069.6%20.0%57.7%76.5%67.2%-3.7%-3.0%3.7M-42.8M-311.7K0.3063.50N/AN/A3510276107
2008-06-20$11468.00$11200.0063.6%18.2%57.7%63.1%63.3%-2.9%3.8%4.9M-60.2M-305.1K0.2318.91N/AN/A419277108
2008-06-23$10576.00$11200.0063.2%18.1%63.4%62.3%66.8%-9.3%1.7%1.1M-16.0M-271.5K0.2917.44N/AN/A401215264
2008-06-24$10900.00$10800.0066.2%19.0%64.3%68.9%65.3%-1.1%0.8%1.6M-27.4M-305.1K0.2663.36N/AN/A19517370
2008-06-25$11000.00$10800.0064.2%18.4%63.4%64.3%64.8%-7.0%1.4%1.7M-36.4M-311.4K0.2620.17N/AN/A501317868
2008-06-26$11212.00$10800.0060.7%17.4%61.4%56.5%62.0%-4.9%2.7%2.2M-48.9M-342.1K0.1943.09N/AN/A22419875
2008-06-27$11028.00$10800.0059.9%17.2%61.5%54.9%61.1%-4.5%4.4%2.1M-42.3M-329.0K0.1359.29N/AN/A15219875
2008-06-30$10684.00$11200.0061.2%17.6%62.4%57.8%61.9%-6.3%3.3%1.9M-25.8M-304.4K0.2012.63N/AN/A14320377