DUG Options History — April 2018

In April 2018, DUG traded between $655.40 and $842.60. ATM implied volatility averaged 41.9%, placing in the 49.9% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded below realized volatility by 7.8% (HV 20d: 49.7%). Max pain ranged from $800.00 to $840.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.75.

Notable Days

  • 2018-04-19: Highest Volume — 47 contracts
  • 2018-04-24: Largest IV spike — 11.8% change
  • 2018-04-10: Highest IV Rank — 68.5%
  • 2018-04-02: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$723.85$655.40$842.60$842.60$664.60
Max Pain$805.71$800.00$840.00$840.00$800.00
ATM IV41.9%35.4%50.0%48.9%36.5%
Expected Move11.9%10.2%14.0%14.0%10.5%
HV 20d49.7%39.5%54.9%47.0%39.5%
HV 60d48.9%46.2%49.7%46.2%49.3%
IV Rank49.9%35.0%68.5%65.9%37.5%
IV Percentile85.8%68.7%97.2%96.4%73.0%
Term Structure-0.8%-4.8%1.6%-4.3%-0.6%
VWIV45.1%35.6%51.8%50.6%41.3%
Skew 25d-7.1%-14.5%-2.2%-8.5%-4.7%
Skew 10d-12.6%-16.7%-6.9%-15.6%-6.9%
Call IV 25d46.8%41.0%54.6%54.6%41.6%
Put IV 25d39.8%34.8%47.7%46.1%36.9%
Bid-Ask Spread %36.4120.0660.1653.5446.13
Gamma HHI0.120.090.160.110.11
Net GEX-15.0K-31.2K-4.3K-5.3K-20.2K
Net DEX1.3M154.8K2.0M154.8K1.3M
Net VEX-6.7K-7.7K-6.0K-7.0K-6.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.501.220.690.89
Total Volume36.76228473932
Total OI75.1956937361

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$842.60$840.0048.9%14.0%47.0%65.9%50.6%-8.5%-4.3%-5.3K154.8K-7.0K0.6953.54N/AN/A23163736
2018-04-03$808.20$840.0043.3%12.4%48.8%53.0%43.4%-6.9%-2.6%-6.5K491.6K-6.8K0.6934.48N/AN/A23163736
2018-04-04$807.60$840.0042.3%12.1%48.8%50.7%46.3%-7.2%-1.6%-5.5K526.0K-6.8K0.6638.53N/AN/A23153736
2018-04-05$778.00$800.0042.4%11.8%50.0%51.1%45.3%-9.2%0.3%-4.3K829.6K-6.6K0.5234.88N/AN/A23123836
2018-04-06$809.40$800.0046.6%12.8%52.2%60.6%48.3%-8.8%-1.4%-7.3K615.1K-7.7K0.5028.79N/AN/A24123740
2018-04-09$795.20$800.0045.6%12.5%50.6%58.3%46.8%-8.9%-0.4%-6.9K809.1K-7.3K0.5232.30N/AN/A22123940
2018-04-10$748.20$800.0050.0%12.9%54.9%68.5%51.2%-7.7%0.0%-7.1K1.3M-6.8K0.6333.15N/AN/A22143940
2018-04-11$731.20$800.0047.0%13.5%54.7%61.6%51.8%-2.2%-4.8%-12.4K1.4M-6.9K0.6560.06N/AN/A22143943
2018-04-12$727.80$800.0044.6%12.8%54.4%56.0%50.6%-7.2%-1.3%-12.4K1.5M-6.7K0.7157.04N/AN/A22153943
2018-04-13$716.40$800.0042.3%12.1%54.2%50.7%49.9%-8.2%1.6%-16.2K1.6M-6.8K0.6160.16N/AN/A25153945
2018-04-16$701.00$800.0038.7%11.1%54.3%42.6%45.2%-5.7%-0.1%-12.1K1.8M-6.4K0.5830.95N/AN/A25154345
2018-04-17$693.00$800.0037.2%10.7%51.9%39.0%44.6%-6.5%-0.0%-13.7K1.9M-6.0K0.7232.77N/AN/A26194245
2018-04-18$666.60$800.0037.5%10.7%52.9%39.7%35.6%-14.5%0.3%-31.2K2.0M-6.2K0.7125.76N/AN/A26194349
2018-04-19$667.80$800.0037.9%10.9%50.2%40.8%36.2%-6.6%-0.5%-29.1K2.0M-6.1K0.6642.61N/AN/A28194349
2018-04-20$680.40$800.0039.6%11.4%47.8%44.7%42.3%-5.5%-0.1%-21.1K1.8M-6.7K0.6628.58N/AN/A28194548
2018-04-23$673.00$800.0039.5%11.3%47.3%44.3%43.4%-6.1%0.5%-22.8K1.3M-6.5K1.1924.47N/AN/A13151838
2018-04-24$690.80$800.0044.1%12.7%48.0%55.0%45.0%-7.4%-1.9%-21.5K1.2M-7.0K1.2224.12N/AN/A13151938
2018-04-25$675.80$800.0040.7%11.7%47.1%47.1%47.3%-6.3%-0.7%-21.9K1.3M-6.5K1.0130.07N/AN/A15151938
2018-04-26$655.40$800.0040.1%11.5%44.4%45.8%40.6%-4.2%-0.4%-18.4K1.3M-6.4K1.0126.25N/AN/A15152138
2018-04-27$667.80$800.0035.4%10.2%44.1%35.0%40.7%-5.8%0.8%-20.1K1.3M-6.6K1.0120.06N/AN/A15152239
2018-04-30$664.60$800.0036.5%10.5%39.5%37.5%41.3%-4.7%-0.6%-20.2K1.3M-6.4K0.8946.13N/AN/A17152239