DUG Options History — November 2019

In November 2019, DUG traded between $796.00 and $879.60. ATM implied volatility averaged 45.1%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 0.3% (HV 20d: 44.8%). Max pain ranged from $800.00 to $880.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.22.

Notable Days

2019-11-18: Highest Volume — 3 contracts
2019-11-08: Largest IV spike — 189.9% change
2019-11-04: Highest IV Rank — 100.0%
2019-11-04: Largest Expected Move — 12.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$840.64	$796.00	$879.60	$857.20	$867.80
Max Pain	$834.00	$800.00	$880.00	$860.00	$800.00
ATM IV	45.1%	32.1%	111.0%	36.1%	37.9%
Expected Move	10.8%	9.2%	12.1%	10.4%	10.9%
HV 20d	44.8%	41.1%	47.4%	41.1%	42.9%
HV 60d	44.5%	42.1%	48.5%	46.3%	42.1%
IV Rank	21.2%	2.4%	100.0%	11.4%	9.6%
IV Percentile	37.1%	2.4%	100.0%	17.5%	32.9%
Term Structure	1.7%	-6.3%	19.2%	-0.2%	-0.6%
VWIV	36.7%	28.4%	43.8%	28.4%	35.6%
Skew 25d	-3.3%	-10.6%	20.6%	20.6%	-3.6%
Skew 10d	-4.5%	-25.8%	52.2%	52.2%	-7.9%
Call IV 25d	43.8%	36.7%	66.4%	46.3%	40.1%
Put IV 25d	40.4%	33.2%	67.0%	67.0%	36.5%
Bid-Ask Spread %	89.24	70.53	129.08	115.80	79.87
Gamma HHI	0.22	0.20	0.25	0.23	0.21
Net GEX	-29.1K	-34.8K	-26.3K	-28.2K	-26.7K
Net DEX	765.8K	579.8K	1.0M	605.5K	579.8K
Net VEX	-5.3K	-5.6K	-5.1K	-5.5K	-5.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.22	0.00	1.11	0.00	0.00
Total Volume	0.4	0	3	0	0
Total OI	39.45	37	43	38	43

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2019-11-01	$857.20	$860.00	36.1%	10.4%	41.1%	11.4%	0.0%	20.6%	-0.2%	-28.2K	605.5K	-5.5K	0.00	115.80	N/A	N/A	0	0	8	30
2019-11-04	$803.60	$880.00	88.9%	12.1%	46.1%	100.0%	0.0%	4.2%	-3.4%	-27.8K	886.4K	-5.6K	0.00	126.01	N/A	N/A	0	0	8	30
2019-11-05	$796.00	$880.00	38.3%	11.1%	43.0%	13.9%	0.0%	-6.7%	2.1%	-28.9K	1.0M	-5.3K	0.00	98.83	N/A	N/A	0	0	8	30
2019-11-06	$834.40	$880.00	63.6%	11.6%	47.4%	57.1%	0.0%	-2.9%	-5.2%	-30.9K	885.8K	-5.1K	0.00	119.80	N/A	N/A	0	0	8	30
2019-11-07	$812.40	$880.00	38.3%	11.3%	47.4%	13.9%	0.0%	-7.2%	1.3%	-28.3K	912.5K	-5.5K	0.00	87.96	N/A	N/A	0	0	8	30
2019-11-08	$814.60	$880.00	111.0%	10.9%	45.9%	100.0%	28.4%	-0.1%	19.2%	-29.9K	862.0K	-5.3K	1.00	129.08	N/A	N/A	0	0	8	30
2019-11-11	$825.40	$820.00	37.4%	11.4%	45.7%	9.0%	43.8%	-10.6%	0.9%	-29.1K	828.5K	-5.4K	0.00	85.28	N/A	N/A	0	0	8	30
2019-11-12	$837.60	$820.00	47.2%	11.2%	46.1%	21.1%	37.7%	-4.5%	0.7%	-33.3K	852.0K	-5.1K	0.27	85.05	N/A	N/A	1	0	8	30
2019-11-13	$843.60	$800.00	38.3%	11.0%	44.7%	10.2%	0.0%	-7.4%	0.2%	-29.9K	765.4K	-5.4K	0.00	81.85	N/A	N/A	0	0	8	30
2019-11-14	$848.40	$800.00	37.7%	10.8%	44.9%	9.4%	40.6%	-1.2%	9.8%	-30.2K	772.4K	-5.3K	0.00	93.72	N/A	N/A	1	0	8	30
2019-11-15	$839.60	$800.00	32.1%	9.2%	44.6%	2.4%	28.4%	-5.9%	10.0%	-34.8K	800.0K	-5.2K	0.00	82.28	N/A	N/A	0	0	8	30
2019-11-18	$859.60	$800.00	36.2%	10.4%	44.7%	7.6%	36.3%	-5.6%	1.2%	-29.8K	696.9K	-5.1K	1.11	73.10	N/A	N/A	1	2	7	30
2019-11-19	$879.60	$860.00	37.7%	10.8%	44.0%	9.4%	38.8%	-5.1%	0.7%	-29.2K	584.1K	-5.4K	0.00	70.53	N/A	N/A	0	0	9	31
2019-11-20	$863.40	$860.00	37.5%	10.8%	44.4%	9.2%	0.0%	-6.3%	1.6%	-28.9K	664.7K	-5.2K	0.00	71.98	N/A	N/A	0	0	9	31
2019-11-21	$837.60	$860.00	38.1%	10.9%	45.6%	9.9%	40.1%	-6.0%	0.4%	-29.5K	800.0K	-5.3K	0.63	73.75	N/A	N/A	1	1	9	31
2019-11-22	$840.40	$800.00	36.7%	10.5%	45.1%	8.1%	37.5%	-4.5%	1.2%	-27.3K	765.5K	-5.6K	0.00	72.92	N/A	N/A	1	0	10	32
2019-11-25	$842.00	$800.00	35.9%	10.3%	44.8%	7.1%	0.0%	-5.0%	0.8%	-26.6K	731.8K	-5.4K	0.00	77.93	N/A	N/A	0	0	11	32
2019-11-26	$859.40	$800.00	36.4%	10.4%	45.4%	7.8%	0.0%	-5.2%	-0.4%	-27.0K	627.8K	-5.3K	0.00	75.34	N/A	N/A	0	0	11	32
2019-11-27	$850.20	$800.00	36.2%	10.4%	42.3%	7.5%	35.6%	-3.9%	-6.3%	-26.3K	693.2K	-5.2K	0.00	83.72	N/A	N/A	0	0	11	32
2019-11-29	$867.80	$800.00	37.9%	10.9%	42.9%	9.6%	0.0%	-3.6%	-0.6%	-26.7K	579.8K	-5.2K	0.00	79.87	N/A	N/A	0	0	11	32