DUG Options History — March 2018

In March 2018, DUG traded between $784.20 and $848.60. ATM implied volatility averaged 42.0%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded below realized volatility by 0.6% (HV 20d: 42.6%). Max pain ranged from $740.00 to $960.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.61.

Notable Days

  • 2018-03-06: Highest Volume — 46 contracts
  • 2018-03-22: Largest IV spike — 36.3% change
  • 2018-03-23: Highest IV Rank — 68.4%
  • 2018-03-23: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$822.04$784.20$848.60$848.60$807.00
Max Pain$902.86$740.00$960.00$740.00$840.00
ATM IV42.0%32.4%49.9%46.9%39.0%
Expected Move11.9%9.3%14.3%13.5%11.2%
HV 20d42.6%35.9%56.0%56.0%44.4%
HV 60d43.1%41.7%46.0%41.9%46.0%
IV Rank50.3%28.2%68.4%61.6%43.4%
IV Percentile88.9%55.2%97.2%96.4%85.7%
Term Structure3.1%-4.3%23.8%-2.5%0.7%
VWIV44.9%38.5%51.7%51.7%40.6%
Skew 25d-6.2%-20.2%27.1%-11.5%-7.2%
Skew 10d-16.7%-41.5%-3.0%-16.7%-11.1%
Call IV 25d47.6%39.9%70.0%57.2%44.6%
Put IV 25d41.4%34.5%68.5%45.7%37.4%
Bid-Ask Spread %85.4958.53112.4280.2458.53
Gamma HHI0.170.090.360.150.13
Net GEX5.5K-39.3K45.1K45.1K-4.9K
Net DEX-371.1K-1.5M586.2K-1.5M586.2K
Net VEX-5.7K-7.7K-4.1K-7.7K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.490.770.640.77
Total Volume42.76235464345
Total OI89.6194911211173

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$848.60$740.0046.9%13.5%56.0%61.6%51.7%-11.5%-2.5%45.1K-1.5M-7.7K0.6480.24N/AN/A26176645
2018-03-02$835.60$740.0046.2%13.2%55.9%59.9%47.6%-5.4%-3.9%42.7K-1.4M-7.2K0.6582.54N/AN/A26176645
2018-03-05$819.00$960.0042.3%11.7%49.8%50.9%48.0%-8.7%0.4%29.5K-753.4K-6.5K0.6567.00N/AN/A26176645
2018-03-06$821.40$960.0042.7%11.9%43.5%51.9%44.7%-6.8%-2.9%12.5K-780.2K-6.1K0.5970.88N/AN/A29176645
2018-03-07$835.20$960.0040.3%12.5%43.6%46.3%48.3%-9.2%11.6%38.8K-1.2M-6.2K0.5985.59N/AN/A29176645
2018-03-08$838.20$960.0044.5%11.7%42.6%56.0%50.3%-9.3%0.8%30.4K-1.4M-6.3K0.5883.79N/AN/A29176645
2018-03-09$804.60$960.0044.4%12.6%39.2%55.9%50.0%27.1%23.8%26.0K-909.3K-6.0K0.59106.26N/AN/A29176645
2018-03-12$803.40$960.0039.2%11.1%39.1%43.9%40.9%-7.5%0.1%-19.0K-368.2K-4.9K0.5980.77N/AN/A29176645
2018-03-13$818.20$960.0047.4%10.8%37.7%62.7%39.2%-4.3%0.7%-39.3K-605.5K-4.6K0.5989.33N/AN/A29176646
2018-03-14$826.60$960.0039.0%11.2%37.8%43.4%51.5%-20.2%13.2%-4.5K-838.2K-4.6K0.59107.98N/AN/A29176646
2018-03-15$832.60$960.0038.4%11.0%35.9%42.1%40.8%-5.6%-4.3%2.5K-1.1M-4.4K0.5999.58N/AN/A29176646
2018-03-16$816.00$960.0033.8%9.7%36.6%31.4%38.5%-5.5%4.4%-10.8K-648.5K-4.1K0.6096.60N/AN/A28176646
2018-03-19$844.80$960.0038.9%11.1%38.6%43.1%42.2%-10.0%2.5%-11.0K362.7K-4.1K0.6691.49N/AN/A21142623
2018-03-20$830.20$920.0039.2%11.2%38.8%43.8%39.5%-9.1%2.0%-4.3K321.4K-4.4K0.6382.74N/AN/A24152923
2018-03-21$784.20$880.0032.4%9.3%41.9%28.2%42.7%-0.4%15.5%581497.7K-4.7K0.49112.42N/AN/A24123224
2018-03-22$817.40$880.0044.1%12.7%44.3%55.2%41.8%-8.3%0.8%-4.0K462.6K-5.7K0.4991.90N/AN/A24123228
2018-03-23$825.20$860.0049.9%14.3%41.4%68.4%48.1%-2.6%1.5%-4.0K364.8K-5.9K0.6099.54N/AN/A24153228
2018-03-26$797.00$860.0042.8%12.3%43.1%52.1%44.9%-8.4%0.9%-5.7K503.1K-6.4K0.5969.91N/AN/A25153331
2018-03-27$813.80$840.0044.5%12.8%42.9%56.0%44.5%-11.3%1.4%-1.5K383.8K-6.5K0.6678.18N/AN/A25163431
2018-03-28$843.80$840.0046.8%13.4%41.6%61.3%46.7%-6.4%-1.0%-3.0K207.0K-6.8K0.7760.09N/AN/A25203433
2018-03-29$807.00$840.0039.0%11.2%44.4%43.4%40.6%-7.2%0.7%-4.9K586.2K-7.0K0.7758.53N/AN/A25203736