DUG Options History — February 2020

In February 2020, DUG traded between $909.80 and $1337.20. ATM implied volatility averaged 51.5%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 2.5% (HV 20d: 49.0%). Max pain ranged from $680.00 to $820.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.64.

Notable Days

  • 2020-02-19: Highest Volume — 11 contracts
  • 2020-02-27: Largest IV spike — 31.3% change
  • 2020-02-28: Highest IV Rank — 100.0%
  • 2020-02-28: Largest Expected Move — 32.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1006.22$909.80$1337.20$988.00$1337.20
Max Pain$737.89$680.00$820.00$720.00$820.00
ATM IV51.5%39.1%114.9%45.8%114.9%
Expected Move14.8%11.2%32.9%13.1%32.9%
HV 20d49.0%30.4%68.5%31.9%67.8%
HV 60d38.3%32.1%48.5%33.3%48.5%
IV Rank26.2%11.1%100.0%19.3%100.0%
IV Percentile73.9%52.4%100.0%82.1%100.0%
Term Structure-3.9%-24.1%1.0%-2.7%-24.1%
VWIV51.2%37.0%113.6%46.9%113.6%
Skew 25d-8.5%-17.1%-5.0%-8.6%-17.1%
Skew 10d-13.4%-21.6%6.1%-13.4%-21.6%
Call IV 25d55.8%43.5%117.7%51.3%117.7%
Put IV 25d47.3%36.2%100.6%42.7%100.6%
Bid-Ask Spread %67.4757.8881.2969.4576.00
Gamma HHI0.100.080.130.110.08
Net GEX20.3K-65139.0K18.2K2.0K
Net DEX-1.2M-1.9M-757.5K-1.3M-1.7M
Net VEX-3.8K-4.8K-2.0K-3.5K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.640.0016.750.020.02
Total Volume2.31601123
Total OI55.05347654760

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$988.00$720.0045.8%13.1%31.9%19.3%46.9%-8.6%-2.7%18.2K-1.3M-3.5K0.0269.45N/AN/A202027
2020-02-04$987.60$720.0043.3%12.4%30.4%16.3%40.4%-7.6%-1.3%23.8K-1.4M-3.7K0.3370.44N/AN/A102227
2020-02-05$913.00$720.0041.6%11.9%44.8%14.3%43.3%-8.0%-0.3%26.7K-865.1K-4.6K8.0070.73N/AN/A012227
2020-02-06$928.60$820.0040.6%11.9%44.3%12.9%39.6%-8.0%-0.4%27.2K-955.9K-4.6K0.6057.88N/AN/A002228
2020-02-07$945.20$820.0041.6%12.1%43.9%14.2%0.0%-8.4%-0.7%26.0K-1.1M-4.4K0.0061.59N/AN/A002228
2020-02-10$961.60$820.0043.2%12.0%43.9%16.1%42.6%-7.9%-1.2%27.8K-1.2M-3.8K0.2960.44N/AN/A212228
2020-02-11$937.60$820.0041.8%12.0%45.7%14.5%39.2%-7.7%-1.0%28.5K-1.1M-3.9K0.9361.84N/AN/A332229
2020-02-12$909.80$680.0040.2%11.5%47.6%12.4%38.4%-8.0%-0.8%26.2K-811.7K-4.6K0.9459.26N/AN/A222331
2020-02-13$921.00$680.0041.3%11.8%47.5%13.8%42.8%-7.6%-1.3%25.9K-950.0K-4.4K0.0062.82N/AN/A102332
2020-02-14$929.60$680.0039.1%11.2%47.1%11.1%37.0%-8.6%0.7%25.9K-1.1M-4.2K0.0962.11N/AN/A102332
2020-02-18$943.00$680.0040.0%11.5%47.1%12.2%40.9%-7.0%0.3%33.0K-1.2M-3.7K0.1969.58N/AN/A102332
2020-02-19$915.60$680.0039.1%11.2%47.8%11.1%40.3%-7.3%-0.2%39.0K-890.6K-3.9K16.7569.19N/AN/A1102332
2020-02-20$918.40$680.0039.7%11.4%47.6%11.9%39.1%-7.2%1.0%22.7K-757.5K-4.8K1.0070.01N/AN/A002342
2020-02-21$946.20$680.0044.8%12.8%48.4%18.2%44.0%-9.3%-1.7%14.6K-1.0M-4.4K0.5067.41N/AN/A002342
2020-02-24$1027.00$680.0055.2%15.8%55.0%31.0%53.9%-7.5%-4.5%-651-1.2M-3.3K0.0571.93N/AN/A101741
2020-02-25$1123.40$680.0065.2%18.7%60.5%43.3%62.1%-5.0%-8.9%2.9K-1.6M-2.5K0.2781.29N/AN/A411741
2020-02-26$1182.00$820.0069.9%20.0%61.6%49.2%67.5%-9.7%-9.5%8.8K-1.8M-2.4K1.0067.05N/AN/A111942
2020-02-27$1303.40$820.0091.8%26.3%68.5%76.3%89.6%-10.7%-16.8%7.4K-1.9M-2.0K0.1372.97N/AN/A201742
2020-02-28$1337.20$820.00114.9%32.9%67.8%100.0%113.6%-17.1%-24.1%2.0K-1.7M-3.3K0.0276.00N/AN/A301743