DUG Options History — February 2017

In February 2017, DUG traded between $783.20 and $847.20. ATM implied volatility averaged 33.6%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 5.8% (HV 20d: 27.8%). Max pain ranged from $700.00 to $800.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.44.

Notable Days

  • 2017-02-27: Highest Volume — 40 contracts
  • 2017-02-02: Largest IV drop — 12.0% change
  • 2017-02-28: Highest IV Rank — 27.1%
  • 2017-02-28: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$810.78$783.20$847.20$808.80$837.00
Max Pain$721.05$700.00$800.00$740.00$800.00
ATM IV33.6%29.6%37.3%35.5%37.3%
Expected Move9.8%8.7%10.7%10.2%10.7%
HV 20d27.8%24.3%31.4%24.3%29.3%
HV 60d36.5%26.6%38.5%38.5%26.6%
IV Rank17.1%8.3%27.1%17.2%27.1%
IV Percentile11.0%2.0%28.6%14.7%28.6%
Term Structure0.7%-2.5%4.7%-1.7%1.5%
VWIV33.2%27.3%37.3%32.3%33.8%
Skew 25d-6.5%-44.0%1.9%-44.0%-6.5%
Skew 10d-8.2%-14.6%8.1%-4.0%4.0%
Call IV 25d39.5%33.8%80.1%80.1%38.7%
Put IV 25d32.9%30.1%36.0%36.0%32.2%
Bid-Ask Spread %95.5281.08117.84117.84106.97
Gamma HHI0.360.130.570.550.16
Net GEX123.8K64.1K255.7K75.3K74.0K
Net DEX-1.7M-3.0M-810.7K-1.1M-2.3M
Net VEX-4.2K-6.3K-3.3K-3.5K-6.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.300.890.430.89
Total Volume24.57916401636
Total OI60.21142834283

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$808.80$740.0035.5%10.2%24.3%17.2%32.3%-44.0%-1.7%75.3K-1.1M-3.5K0.43117.84N/AN/A115375
2017-02-02$802.40$800.0031.3%10.0%24.7%10.8%35.8%-4.9%-1.6%87.3K-1.1M-3.6K0.3985.43N/AN/A125385
2017-02-03$783.20$800.0029.6%9.4%26.7%8.3%33.3%-4.8%3.5%95.4K-810.7K-3.5K0.3797.06N/AN/A135395
2017-02-06$799.20$760.0031.1%10.1%27.2%10.6%34.3%-3.3%-1.5%121.1K-945.9K-3.3K0.3190.49N/AN/A165405
2017-02-07$821.00$700.0034.3%9.4%26.6%15.3%32.5%-3.3%4.7%132.1K-1.6M-3.6K0.3689.38N/AN/A145446
2017-02-08$821.20$700.0036.1%10.4%26.2%18.0%36.6%-7.5%2.3%101.0K-1.9M-3.9K0.4081.08N/AN/A177486
2017-02-09$804.20$700.0034.3%9.8%26.5%15.2%34.6%-8.8%1.9%154.3K-1.7M-4.5K0.3586.97N/AN/A197558
2017-02-10$790.80$700.0034.0%9.8%27.4%14.9%33.6%-6.0%1.6%164.1K-1.3M-4.3K0.4585.74N/AN/A157558
2017-02-13$789.20$700.0033.3%9.5%27.4%15.9%34.4%-5.4%-1.6%184.5K-1.3M-4.0K0.4487.22N/AN/A157568
2017-02-14$784.00$700.0032.3%9.3%27.5%14.8%32.6%-3.1%1.8%189.4K-1.3M-4.0K0.3289.57N/AN/A217567
2017-02-15$787.80$700.0030.2%8.7%27.4%12.6%30.8%-4.4%-0.4%255.7K-1.5M-4.0K0.4699.65N/AN/A157647
2017-02-16$812.00$700.0031.8%9.1%29.1%15.7%29.9%-1.2%3.5%182.3K-2.2M-3.8K0.5594.13N/AN/A148647
2017-02-17$821.20$700.0034.2%9.8%28.9%20.6%33.3%-5.0%1.4%83.3K-3.0M-4.0K0.4793.20N/AN/A178668
2017-02-21$808.20$700.0033.2%9.5%29.1%18.8%29.8%-4.1%0.0%64.1K-1.2M-3.8K0.4892.75N/AN/A157448
2017-02-22$834.80$700.0034.3%9.8%29.4%20.8%32.2%-4.3%1.2%71.8K-1.6M-3.7K0.38102.72N/AN/A197468
2017-02-23$828.20$700.0035.4%10.2%29.3%23.2%35.6%1.9%-2.5%85.3K-1.9M-5.1K0.30109.45N/AN/A247559
2017-02-24$847.20$700.0034.5%9.9%29.9%21.3%27.3%-6.2%-0.3%112.7K-2.5M-5.0K0.3199.07N/AN/A237629
2017-02-27$824.40$700.0035.9%10.3%31.4%24.1%37.3%-3.3%0.1%118.8K-2.3M-5.7K0.73106.19N/AN/A2317649
2017-02-28$837.00$800.0037.3%10.7%29.3%27.1%33.8%-6.5%1.5%74.0K-2.3M-6.3K0.89106.97N/AN/A19176419