DUG Options History — April 2020

In April 2020, DUG traded between $954.00 and $2152.80. ATM implied volatility averaged 139.3%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 38.7%. IV traded below realized volatility by 44.2% (HV 20d: 183.5%). Max pain ranged from $1400.00 to $2500.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2020-04-21: Highest Volume — 22 contracts
  • 2020-04-20: Largest IV spike — 25.5% change
  • 2020-04-01: Highest IV Rank — 56.2%
  • 2020-04-01: Largest Expected Move — 54.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1397.40$954.00$2152.80$2152.80$992.40
Max Pain$1519.05$1400.00$2500.00$2500.00$1400.00
ATM IV139.3%100.7%190.9%190.9%104.1%
Expected Move38.7%28.9%54.7%54.7%29.9%
HV 20d183.5%126.6%248.1%235.3%130.6%
HV 60d156.0%141.2%164.5%141.2%164.5%
IV Rank38.2%24.7%56.2%56.2%25.9%
IV Percentile89.7%83.7%95.2%95.2%84.1%
Term Structure-11.5%-34.9%7.2%-20.1%2.8%
VWIV145.7%90.6%191.5%191.5%101.3%
Skew 25d-38.5%-52.5%-22.9%-25.3%-22.9%
Skew 10d-72.5%-95.8%-29.4%-84.4%-29.4%
Call IV 25d158.3%104.5%195.6%194.7%118.5%
Put IV 25d119.8%69.7%169.4%169.4%95.6%
Bid-Ask Spread %70.5032.8799.5962.4498.52
Gamma HHI0.050.040.060.060.05
Net GEX9.7K-3.0K20.7K20.7K-2.7K
Net DEX-364.7K-1.5M517.5K-1.5M509.8K
Net VEX-11.0K-15.4K-6.5K-11.0K-6.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.035.670.105.67
Total Volume5.61912281
Total OI96.095751227984

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$2152.80$2500.00190.9%54.7%235.3%56.2%191.5%-25.3%-20.1%20.7K-1.5M-11.0K0.1062.44N/AN/A713940
2020-04-02$1755.40$1700.00180.1%46.6%248.1%52.4%175.1%-52.5%-34.9%11.4K-586.6K-9.8K0.0533.95N/AN/A1914341
2020-04-03$1818.60$1700.00179.6%46.1%246.2%52.3%162.2%-38.4%-29.9%20.7K-1.3M-15.4K0.2133.73N/AN/A516241
2020-04-06$1623.00$1700.00161.4%40.2%221.8%45.9%172.7%-51.5%-23.0%20.0K-734.9K-13.2K0.0532.87N/AN/A606541
2020-04-07$1468.60$1700.00172.0%40.7%223.0%49.6%146.8%-36.4%-19.4%11.7K-176.1K-10.9K0.5772.66N/AN/A426641
2020-04-08$1358.80$1500.00137.6%39.4%220.2%37.6%140.3%-48.8%-25.1%9.6K-75.4K-10.7K0.1553.96N/AN/A416942
2020-04-09$1352.00$1500.00138.1%39.6%201.6%37.8%148.2%-44.1%-18.2%9.9K-30.7K-10.8K0.2651.84N/AN/A517342
2020-04-13$1349.80$1400.00123.3%35.4%201.8%32.6%177.6%-47.5%-11.9%10.9K-50.8K-10.9K0.1878.57N/AN/A207643
2020-04-14$1363.80$1400.00122.2%35.0%199.4%32.2%137.4%-39.1%-10.6%10.4K50.2K-10.3K0.1067.70N/AN/A207743
2020-04-15$1495.00$1400.00131.3%37.6%202.5%35.4%152.2%-44.7%-16.1%16.2K-518.7K-12.2K0.2473.12N/AN/A517743
2020-04-16$1603.00$1400.00138.3%39.6%179.7%37.8%148.8%-39.9%-15.2%20.3K-723.3K-13.1K0.7066.52N/AN/A117844
2020-04-17$1331.20$1400.00124.2%35.6%185.1%32.9%142.6%-37.6%-6.0%8.0K-85.7K-10.6K0.7670.61N/AN/A657844
2020-04-20$1356.80$1400.00155.9%44.7%186.0%44.0%149.4%-34.3%-12.4%8.8K-553.9K-11.3K0.7270.98N/AN/A215718
2020-04-21$1383.60$1400.00158.6%45.5%175.7%44.9%185.0%-39.8%-9.9%12.3K-1.1M-14.1K0.0364.15N/AN/A2115919
2020-04-22$1299.80$1400.00139.1%39.9%146.7%38.1%159.3%-43.8%0.7%8.8K-723.2K-12.6K0.1284.63N/AN/A205619
2020-04-23$1214.80$1400.00130.6%37.4%130.6%35.1%127.9%-28.7%4.6%4.5K-348.2K-11.1K0.3986.68N/AN/A215819
2020-04-24$1199.40$1400.00118.0%33.8%130.6%30.7%105.3%-32.7%3.7%4.1K-310.8K-10.8K2.2090.54N/AN/A015920
2020-04-27$1154.20$1400.00114.3%32.8%127.2%29.4%112.1%-36.7%-0.5%1.5K-85.7K-9.8K0.3993.48N/AN/A106020
2020-04-28$1118.40$1400.00104.3%29.9%126.6%25.9%134.2%-29.1%7.2%49169.5K-9.1K0.4393.95N/AN/A106120
2020-04-29$954.00$1400.00100.7%28.9%134.5%24.7%90.6%-34.8%-7.8%-3.0K517.5K-6.5K0.1499.59N/AN/A316120
2020-04-30$992.40$1400.00104.1%29.9%130.6%25.9%101.3%-22.9%2.8%-2.7K509.8K-6.7K5.6798.52N/AN/A016321