DUG Options History — March 2020

In March 2020, DUG traded between $1250.40 and $3516.80. ATM implied volatility averaged 192.6%, placing in the 78.5% IV rank vs the trailing year. The 30-day expected move averaged 53.6%. IV traded above realized volatility by 37.6% (HV 20d: 155.0%). Max pain ranged from $820.00 to $2360.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 1.31.

Notable Days

  • 2020-03-19: Highest Volume — 15 contracts
  • 2020-03-09: Largest IV spike — 64.3% change
  • 2020-03-06: Highest IV Rank — 100.0%
  • 2020-03-18: Largest Expected Move — 90.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2200.13$1250.40$3516.80$1250.40$1986.80
Max Pain$1078.18$820.00$2360.00$820.00$2280.00
ATM IV192.6%89.2%316.1%100.3%175.6%
Expected Move53.6%25.6%90.6%28.8%50.3%
HV 20d155.0%68.1%236.6%72.9%234.7%
HV 60d98.3%49.8%140.8%50.5%140.8%
IV Rank78.5%50.9%100.0%82.9%50.9%
IV Percentile98.3%93.7%100.0%99.2%93.7%
Term Structure-40.8%-103.8%-16.2%-23.4%-16.8%
VWIV192.8%96.7%292.3%97.8%151.8%
Skew 25d-40.5%-75.3%-12.2%-15.4%-32.0%
Skew 10d-65.9%-107.4%-13.3%-16.7%-13.3%
Call IV 25d209.0%104.6%325.1%107.3%187.2%
Put IV 25d168.5%78.0%290.7%91.9%155.2%
Bid-Ask Spread %52.3632.0083.9373.8974.20
Gamma HHI0.070.030.370.080.04
Net GEX6.0K-27025.0K2.9K10.2K
Net DEX-3.1M-7.4M-741.1K-1.5M-741.1K
Net VEX-5.5K-8.6K-2.2K-3.0K-8.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.0013.472.200.08
Total Volume5.31801519
Total OI64.72759795972

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$1250.40$820.00100.3%28.8%72.9%82.9%97.8%-15.4%-23.4%2.9K-1.5M-3.0K2.2073.89N/AN/A011643
2020-03-03$1263.80$820.00100.8%28.9%72.8%83.4%105.4%-30.2%-18.3%3.5K-1.5M-2.6K0.4468.54N/AN/A101643
2020-03-04$1255.20$820.0089.2%25.6%73.0%69.7%96.7%-26.5%-16.2%6.5K-1.6M-2.3K0.2568.74N/AN/A201643
2020-03-05$1354.80$960.00110.1%26.8%68.1%94.4%0.0%-27.0%-23.9%4.0K-1.8M-2.2K0.0055.55N/AN/A001643
2020-03-06$1497.40$960.00139.0%32.0%73.8%100.0%112.9%-26.0%-22.9%156-2.0M-2.9K0.3665.94N/AN/A111643
2020-03-09$2048.00$960.00228.4%54.0%126.3%100.0%161.4%-12.2%-55.2%153-2.7M-2.7K0.8583.93N/AN/A541544
2020-03-10$1902.80$960.00203.1%47.6%132.3%87.3%159.7%-32.1%-40.4%-270-2.9M-5.5K13.4748.68N/AN/A1101948
2020-03-11$2096.60$960.00176.7%50.7%132.2%73.9%166.8%-48.3%-42.3%783-3.4M-5.1K0.0337.65N/AN/A701949
2020-03-12$2604.80$960.00215.8%61.9%143.3%93.7%204.3%-39.6%-61.2%2.1K-4.6M-5.1K2.7339.40N/AN/A262050
2020-03-13$2480.00$960.00201.4%57.7%147.2%86.4%220.9%-57.4%-53.5%3.8K-4.5M-6.3K0.5034.27N/AN/A212250
2020-03-16$2642.80$960.00248.5%71.2%146.5%100.0%229.0%-53.9%-73.1%7.3K-4.9M-5.5K0.1034.47N/AN/A102342
2020-03-17$2761.40$960.00247.9%71.1%145.9%99.7%251.0%-52.5%-74.7%9.5K-5.3M-5.3K1.6534.60N/AN/A232342
2020-03-18$3516.80$960.00316.1%90.6%156.7%100.0%292.3%-29.8%-103.8%4.8K-7.4M-6.7K1.2034.58N/AN/A222439
2020-03-19$3116.80$960.00277.0%79.4%169.1%86.3%282.3%-75.3%-81.3%11.2K-6.3M-5.8K0.0432.00N/AN/A1412540
2020-03-20$2901.40$960.00216.3%62.0%175.4%65.1%248.1%-74.6%-51.3%25.0K-5.7M-5.4K1.4838.44N/AN/A353940
2020-03-23$3327.80$960.00227.4%65.2%177.5%69.0%225.2%-50.0%-23.5%4.9K-4.2M-7.3K0.2551.20N/AN/A311841
2020-03-24$2454.80$960.00185.3%53.1%218.7%54.2%208.7%-45.5%-23.6%5.3K-2.4M-7.0K0.2343.58N/AN/A511941
2020-03-25$1978.40$1060.00194.4%55.7%236.6%57.5%206.7%-38.8%-19.8%5.1K-1.4M-7.2K1.6055.96N/AN/A242342
2020-03-26$1909.20$1060.00187.7%53.8%235.9%55.1%200.6%-40.0%-22.2%5.7K-1.3M-7.3K0.0159.29N/AN/A602538
2020-03-27$2022.20$1060.00206.9%59.3%236.3%61.8%205.7%-40.3%-29.9%11.2K-1.8M-8.6K1.2454.05N/AN/A123138
2020-03-30$2030.60$2360.00189.2%54.2%234.1%55.6%222.0%-44.4%-21.1%8.8K-836.5K-8.2K0.0662.94N/AN/A602840
2020-03-31$1986.80$2280.00175.6%50.3%234.7%50.9%151.8%-32.0%-16.8%10.2K-741.1K-8.2K0.0874.20N/AN/A813240