DUG Options History — August 2018

In August 2018, DUG traded between $601.60 and $675.00. ATM implied volatility averaged 32.8%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 1.3% (HV 20d: 31.5%). Max pain ranged from $580.00 to $580.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 1.52.

Notable Days

  • 2018-08-10: Highest Volume — 46 contracts
  • 2018-08-13: Largest IV spike — 45.6% change
  • 2018-08-14: Highest IV Rank — 97.6%
  • 2018-08-15: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$629.09$601.60$675.00$607.20$627.80
Max Pain$580.00$580.00$580.00$580.00$580.00
ATM IV32.8%20.0%62.7%28.5%32.4%
Expected Move9.0%5.7%11.7%8.2%9.3%
HV 20d31.5%24.4%35.4%30.1%34.7%
HV 60d37.3%35.0%39.4%38.2%35.0%
IV Rank29.1%0.0%97.6%19.1%28.3%
IV Percentile40.5%0.0%99.2%23.0%44.4%
Term Structure3.2%-2.1%13.3%5.2%2.9%
VWIV33.3%26.7%40.2%34.0%39.7%
Skew 25d-6.0%-18.9%2.2%2.2%-4.8%
Skew 10d-10.2%-21.9%43.1%43.1%-12.9%
Call IV 25d37.1%34.2%52.7%34.5%36.2%
Put IV 25d31.1%28.2%36.7%36.7%31.4%
Bid-Ask Spread %84.5029.01124.12124.1299.24
Gamma HHI0.140.090.400.130.13
Net GEX-29.8K-44.1K40.3K-38.8K-35.9K
Net DEX988.9K368.2K1.3M1.2M1.1M
Net VEX-3.7K-4.7K-2.8K-4.2K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.521.051.901.781.30
Total Volume37.21728464228
Total OI61.95755706357

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$607.20$580.0028.5%8.2%30.1%19.1%34.0%2.2%5.2%-38.8K1.2M-4.2K1.78124.12N/AN/A15271647
2018-08-02$614.00$580.0034.8%10.0%30.4%33.5%35.2%-2.7%-2.1%-36.0K1.1M-4.7K1.7898.39N/AN/A15271747
2018-08-03$620.60$580.0033.1%9.5%30.2%29.7%37.1%-4.9%0.9%-40.8K1.1M-4.5K1.9097.77N/AN/A14271747
2018-08-06$615.00$580.0031.1%9.1%28.6%25.1%30.7%-5.9%2.5%-38.3K1.2M-4.2K1.9059.37N/AN/A14271847
2018-08-07$601.60$580.0029.7%8.7%29.0%21.8%31.6%-6.2%2.4%-44.1K1.3M-4.0K1.9074.45N/AN/A14271847
2018-08-08$613.80$580.0030.3%9.7%24.8%23.2%40.2%-5.2%13.3%-35.7K1.1M-4.1K1.8894.08N/AN/A14271847
2018-08-09$625.00$580.0031.0%9.0%25.5%24.8%31.3%-2.6%3.2%-24.4K1.0M-4.0K1.8899.29N/AN/A14271848
2018-08-10$621.40$580.0030.0%9.0%25.3%22.6%30.5%-5.4%2.0%-28.7K991.4K-4.2K1.4489.82N/AN/A19271848
2018-08-13$633.00$580.0043.8%9.5%24.4%54.2%33.2%-4.4%1.7%-24.8K751.4K-3.9K1.0590.97N/AN/A19202248
2018-08-14$631.00$580.0062.7%9.6%24.5%97.6%37.7%-11.1%-0.8%-18.6K852.9K-4.0K1.0589.55N/AN/A19202247
2018-08-15$675.00$580.0040.7%11.7%34.0%47.1%37.0%-18.9%0.4%-23.0K368.2K-4.1K1.1895.92N/AN/A19232247
2018-08-16$665.80$580.0035.2%10.1%34.6%34.4%35.7%-7.8%0.6%-21.5K406.4K-4.1K1.1765.81N/AN/A20232248
2018-08-17$660.60$580.0034.0%9.7%34.8%31.7%34.1%-4.7%-0.3%40.3K465.8K-3.7K1.1680.36N/AN/A20232148
2018-08-20$652.20$580.0031.4%9.0%35.2%25.7%31.9%-6.3%3.7%-31.1K908.9K-3.6K1.5329.01N/AN/A13201540
2018-08-21$643.20$580.0030.1%8.6%34.8%22.8%32.0%-5.6%1.9%-32.0K941.8K-3.5K1.5330.39N/AN/A13201640
2018-08-22$626.60$580.0024.0%6.9%35.4%8.7%30.7%-6.1%13.0%-32.3K1.0M-3.3K1.55103.99N/AN/A13201640
2018-08-23$637.60$580.0033.6%9.6%34.8%30.9%35.7%-5.8%2.5%-33.9K1.0M-3.1K1.5589.67N/AN/A13201640
2018-08-24$626.00$580.0030.3%8.7%35.3%23.3%29.3%-5.3%2.2%-35.0K1.1M-3.3K1.5864.32N/AN/A13201640
2018-08-27$617.40$580.0031.2%8.9%34.8%25.3%32.0%-5.4%3.1%-37.2K1.2M-3.0K1.5884.13N/AN/A13201640
2018-08-28$623.20$580.0029.0%8.3%34.9%20.3%28.2%-6.4%3.3%-38.1K1.2M-2.8K1.6281.22N/AN/A12201640
2018-08-29$612.00$580.0020.0%5.7%34.5%0.0%26.7%-7.8%6.1%-37.7K1.2M-2.8K1.26109.87N/AN/A12161640
2018-08-30$619.00$580.0028.4%8.1%34.6%19.3%32.1%-6.8%4.7%-36.9K1.2M-2.8K1.2891.75N/AN/A13161640
2018-08-31$627.80$580.0032.4%9.3%34.7%28.3%39.7%-4.8%2.9%-35.9K1.1M-3.0K1.3099.24N/AN/A12161641