DUG Options History — May 2020

In May 2020, DUG traded between $847.20 and $1107.80. ATM implied volatility averaged 92.9%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 26.5%. IV traded below realized volatility by 24.3% (HV 20d: 117.2%). Max pain ranged from $700.00 to $1400.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.14.

Notable Days

  • 2020-05-14: Highest Volume — 23 contracts
  • 2020-05-13: Largest IV spike — 16.2% change
  • 2020-05-01: Highest IV Rank — 30.7%
  • 2020-05-01: Largest Expected Move — 33.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$970.33$847.20$1107.80$1107.80$897.80
Max Pain$865.00$700.00$1400.00$1400.00$900.00
ATM IV92.9%70.4%117.9%117.9%79.4%
Expected Move26.5%20.2%33.8%33.8%22.8%
HV 20d117.2%99.2%125.3%125.3%107.5%
HV 60d168.4%165.2%172.1%165.2%169.9%
IV Rank22.0%14.1%30.7%30.7%17.2%
IV Percentile79.2%74.2%86.1%86.1%74.6%
Term Structure0.7%-5.4%12.0%-1.2%8.7%
VWIV103.6%76.1%140.5%119.6%76.1%
Skew 25d-26.0%-48.0%-16.6%-26.2%-18.8%
Skew 10d-44.3%-63.2%-23.4%-36.4%-25.8%
Call IV 25d110.4%88.3%149.8%138.4%93.2%
Put IV 25d84.3%69.8%112.2%112.2%74.4%
Bid-Ask Spread %60.2531.6798.2198.2183.48
Gamma HHI0.060.040.070.050.06
Net GEX-134-6.8K7.1K-6215.1K
Net DEX470.2K136.6K819.4K197.2K498.1K
Net VEX-6.2K-8.6K-4.4K-8.2K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.039.000.911.17
Total Volume3.3502344
Total OI81.7568958475

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$1107.80$1400.00117.9%33.8%125.3%30.7%119.6%-26.2%-1.2%-621197.2K-8.2K0.9198.21N/AN/A226321
2020-05-04$1041.20$800.00117.3%31.1%124.0%30.5%136.3%-48.0%2.8%-2.3K136.6K-8.6K0.6038.67N/AN/A116423
2020-05-05$1032.20$800.00110.4%30.4%119.9%28.1%103.5%-28.0%2.0%-5.4K519.2K-6.8K0.5536.15N/AN/A106423
2020-05-06$1068.00$800.00113.6%29.9%117.9%29.2%138.6%-34.6%-0.1%-4.6K338.9K-7.4K0.3043.76N/AN/A106423
2020-05-07$1026.80$800.00100.2%29.3%116.0%24.5%0.0%-28.7%-5.1%-5.4K460.0K-7.1K9.0038.11N/AN/A026523
2020-05-08$940.20$800.0088.7%26.2%118.9%20.5%140.5%-32.2%-1.2%-5.6K710.2K-6.6K0.1837.69N/AN/A106525
2020-05-11$958.40$700.0087.9%26.5%119.5%20.2%92.7%-28.9%1.3%-6.8K799.7K-6.2K0.0331.67N/AN/A206525
2020-05-12$990.20$700.0086.6%25.5%120.4%19.7%106.5%-23.6%-2.0%-6.5K819.4K-5.8K0.0651.47N/AN/A406625
2020-05-13$1093.00$700.00100.6%28.8%121.3%24.6%98.6%-19.8%-4.3%-4.3K381.7K-7.1K0.3950.91N/AN/A216924
2020-05-14$1079.60$700.00105.0%30.1%117.0%26.2%107.9%-35.2%-3.4%-3.4K248.9K-8.0K0.0635.74N/AN/A2217025
2020-05-15$1067.00$900.00101.3%29.0%99.2%24.9%106.4%-32.3%-5.4%7.1K468.8K-7.5K0.9142.56N/AN/A116926
2020-05-18$889.80$1000.0088.2%25.3%115.4%20.3%93.6%-22.3%-2.8%2.1K390.7K-5.6K0.1062.79N/AN/A914820
2020-05-19$937.80$900.0086.5%24.8%117.5%19.7%103.9%-20.3%0.3%4.1K408.2K-5.1K0.2369.89N/AN/A104920
2020-05-20$872.80$900.0082.8%23.7%118.0%18.4%84.7%-23.7%5.4%2.0K559.4K-4.4K0.0489.42N/AN/A104920
2020-05-21$906.80$900.0082.3%23.6%118.3%18.3%97.5%-22.2%2.1%5.0K429.3K-5.4K0.1682.86N/AN/A105120
2020-05-22$916.20$900.0080.0%22.9%118.6%17.4%92.1%-22.5%2.6%6.5K309.0K-5.8K2.8859.13N/AN/A125120
2020-05-26$852.40$900.0080.6%23.1%120.2%17.7%95.5%-16.6%0.6%3.3K560.6K-4.5K2.2979.31N/AN/A015223
2020-05-27$847.20$900.0070.4%20.2%120.1%14.1%89.0%-19.6%12.0%3.2K586.7K-4.5K1.7181.52N/AN/A015223
2020-05-28$881.40$900.0078.8%22.6%108.3%17.0%85.4%-17.3%0.8%3.9K580.4K-4.6K1.3391.61N/AN/A005223
2020-05-29$897.80$900.0079.4%22.8%107.5%17.2%76.1%-18.8%8.7%5.1K498.1K-4.9K1.1783.48N/AN/A225223