DUG Options History — June 2009

In June 2009, DUG traded between $6176.00 and $7952.00. ATM implied volatility averaged 62.6%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded below realized volatility by 3.1% (HV 20d: 65.7%). Max pain ranged from $6800.00 to $7600.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.35.

Notable Days

  • 2009-06-19: Highest Volume — 22 contracts
  • 2009-06-22: Largest IV spike — 12.2% change
  • 2009-06-17: Highest IV Rank — 18.1%
  • 2009-06-17: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6971.27$6176.00$7952.00$6384.00$7500.00
Max Pain$7109.09$6800.00$7600.00$7200.00$7200.00
ATM IV62.6%52.7%70.3%64.5%52.7%
Expected Move18.2%15.1%20.1%18.5%15.1%
HV 20d65.7%55.9%78.4%77.3%55.9%
HV 60d73.7%66.5%80.5%78.8%66.5%
IV Rank14.4%9.4%18.1%15.3%9.4%
IV Percentile15.1%0.4%32.9%19.8%0.4%
Term Structure6.2%1.2%15.2%1.2%7.9%
VWIV64.6%53.2%70.4%68.8%53.6%
Skew 25d-7.6%-14.5%1.0%-11.7%-4.6%
Skew 10d-15.4%-30.0%11.2%-21.1%-24.5%
Call IV 25d68.9%55.9%76.1%72.0%55.9%
Put IV 25d61.3%49.2%65.8%60.3%51.2%
Bid-Ask Spread %40.357.8181.0173.467.81
Gamma HHI0.240.100.470.180.14
Net GEX259.0K19.1K558.4K19.1K248.5K
Net DEX885.7K-9.8M12.8M11.2M-3.9M
Net VEX-57.2K-66.1K-45.1K-45.1K-63.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.101.090.310.30
Total Volume11422168
Total OI111.409771409596

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$6384.00$7200.0064.5%18.5%77.3%15.3%68.8%-11.7%1.2%19.1K11.2M-45.1K0.3173.46N/AN/A1245936
2009-06-02$6392.00$7200.0065.3%18.7%74.7%15.7%70.2%-14.5%3.0%127.2K9.0M-52.5K0.1073.53N/AN/A616738
2009-06-03$6820.00$7200.0066.5%19.1%78.4%16.3%67.2%-6.2%3.2%237.2K3.7M-61.3K0.3326.66N/AN/A1247138
2009-06-04$6556.00$7200.0063.7%18.3%75.6%14.9%67.9%-11.3%2.1%203.9K6.7M-57.4K0.3035.34N/AN/A527339
2009-06-05$6620.00$7600.0063.8%19.2%74.9%14.9%66.9%-6.9%4.1%221.9K6.3M-58.0K0.3137.73N/AN/A317440
2009-06-08$6648.00$7600.0063.1%18.8%68.9%14.6%65.2%-9.7%6.0%243.1K6.2M-55.7K0.2752.80N/AN/A417540
2009-06-09$6520.00$7600.0056.0%18.2%66.4%11.0%65.2%-8.1%7.0%211.8K8.4M-51.9K1.0944.06N/AN/A337641
2009-06-10$6428.00$7200.0056.5%18.4%66.2%11.3%66.1%-3.8%6.8%171.3K10.3M-49.5K0.4253.42N/AN/A737743
2009-06-11$6176.00$7200.0062.9%18.0%60.5%14.5%65.8%-8.3%7.8%157.3K12.8M-46.1K0.2114.72N/AN/A1338044
2009-06-12$6288.00$6800.0066.5%19.1%61.4%16.3%70.4%-9.5%7.8%294.6K8.3M-52.4K0.1443.49N/AN/A1328745
2009-06-15$6592.00$6800.0068.2%19.5%62.1%17.1%69.7%-13.5%6.7%396.1K2.3M-55.9K0.2011.63N/AN/A1029245
2009-06-16$6856.00$6800.0068.8%19.7%60.1%17.5%68.9%-11.4%5.9%496.7K-2.2M-58.4K0.1815.88N/AN/A929446
2009-06-17$7068.00$6800.0070.3%20.1%61.3%18.1%70.4%-7.8%4.6%546.4K-8.5M-61.7K0.1545.16N/AN/A1839346
2009-06-18$7144.00$6800.0066.7%19.1%61.5%16.4%67.9%-9.2%7.6%310.6K-5.8M-56.7K0.1352.96N/AN/A718846
2009-06-19$7252.00$6800.0059.6%17.1%58.9%12.9%59.4%-2.4%15.2%558.4K-9.8M-57.0K0.4381.01N/AN/A1579046
2009-06-22$7952.00$6800.0066.9%19.2%67.9%16.5%66.1%-0.8%5.4%166.1K-8.1M-55.3K0.3171.76N/AN/A1245027
2009-06-23$7868.00$6800.0065.8%18.9%66.3%16.0%64.7%-4.8%6.0%209.3K-8.4M-61.1K0.7953.63N/AN/A545429
2009-06-24$7788.00$7200.0062.6%17.9%66.1%14.3%61.9%1.0%6.5%192.2K-6.9M-64.9K0.7619.73N/AN/A645532
2009-06-25$7488.00$7200.0058.5%16.8%63.4%12.3%58.4%-8.1%6.4%195.9K-3.7M-65.5K0.4426.58N/AN/A635734
2009-06-26$7616.00$7200.0054.3%15.6%62.1%10.2%53.4%-7.2%8.3%249.0K-5.5M-66.1K0.2513.86N/AN/A515935
2009-06-29$7412.00$7200.0055.0%15.8%55.9%10.6%53.2%-8.8%6.1%240.7K-3.0M-62.4K0.3232.53N/AN/A625935
2009-06-30$7500.00$7200.0052.7%15.1%55.9%9.4%53.6%-4.6%7.9%248.5K-3.9M-63.8K0.307.81N/AN/A626036