DUG Options History — July 2020

In July 2020, DUG traded between $781.80 and $966.60. ATM implied volatility averaged 81.8%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 23.3%. IV traded above realized volatility by 1.1% (HV 20d: 80.6%). Max pain ranged from $760.00 to $1280.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2020-07-15: Highest Volume — 81 contracts
  • 2020-07-13: Largest IV spike — 26.9% change
  • 2020-07-13: Highest IV Rank — 27.2%
  • 2020-07-13: Largest Expected Move — 27.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$851.49$781.80$966.60$855.40$877.00
Max Pain$862.73$760.00$1280.00$1280.00$760.00
ATM IV81.8%70.6%107.8%87.5%77.3%
Expected Move23.3%20.2%27.3%25.1%22.2%
HV 20d80.6%69.3%116.1%116.0%74.1%
HV 60d105.0%96.8%112.3%112.3%97.7%
IV Rank18.0%13.9%27.2%20.1%16.3%
IV Percentile65.6%57.5%81.3%71.0%61.1%
Term Structure0.2%-7.0%4.0%1.2%4.0%
VWIV83.8%72.4%95.5%92.2%76.7%
Skew 25d-12.6%-29.2%5.2%5.2%-8.0%
Skew 10d-24.4%-50.6%15.0%-18.9%15.0%
Call IV 25d89.8%65.6%109.7%91.1%81.7%
Put IV 25d77.2%63.7%96.3%96.3%73.7%
Bid-Ask Spread %66.8144.3598.0396.5976.06
Gamma HHI0.060.050.070.050.07
Net GEX6.5K-66013.5K48613.5K
Net DEX10.0K-358.7K332.7K278.0K-358.7K
Net VEX-4.9K-5.8K-4.0K-5.6K-4.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.001.060.380.04
Total Volume808112
Total OI74.77353969154

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$855.40$1280.0087.5%25.1%116.0%20.1%92.2%5.2%1.2%486278.0K-5.6K0.3896.59N/AN/A106328
2020-07-02$842.40$1280.0083.4%23.9%116.1%18.6%79.2%-9.4%0.3%-537324.8K-5.5K0.0098.03N/AN/A006328
2020-07-06$842.00$840.0088.4%23.8%99.0%20.4%85.3%-16.5%-0.4%-660332.7K-5.3K0.7344.35N/AN/A46346328
2020-07-07$886.20$840.0085.8%24.7%89.6%19.5%0.0%-14.1%-2.0%2.0K168.9K-5.4K0.0045.87N/AN/A006328
2020-07-08$883.60$840.0082.3%24.6%89.2%18.2%91.5%-16.0%1.9%1.5K190.2K-5.2K0.0055.17N/AN/A006328
2020-07-09$966.60$840.0083.4%26.7%88.6%18.6%94.5%-15.6%-5.7%9.9K-105.6K-5.4K1.0658.07N/AN/A116328
2020-07-10$920.00$840.0084.9%26.4%70.8%19.2%90.3%-29.2%1.4%6.9K-160.6K-5.8K0.1466.43N/AN/A106329
2020-07-13$914.00$860.00107.8%27.3%69.3%27.2%95.5%-11.9%-5.7%4.0K12.7K-5.4K0.0857.95N/AN/A106529
2020-07-14$860.60$860.00105.6%25.5%73.3%26.4%87.0%-23.1%2.5%3.2K91.6K-5.5K0.6453.07N/AN/A106529
2020-07-15$822.00$860.0087.0%25.0%71.6%19.9%88.2%-17.0%0.4%3.9K257.1K-5.0K0.6853.61N/AN/A48336629
2020-07-16$834.20$840.0083.6%24.0%69.7%18.7%89.0%-18.6%0.1%5.1K229.3K-5.3K0.4054.10N/AN/A006729
2020-07-17$854.40$840.0079.9%22.9%70.0%17.4%76.3%-7.4%3.4%9.8K250.2K-5.0K0.0765.76N/AN/A106729
2020-07-20$878.40$800.0078.2%22.4%70.4%16.8%79.1%-5.5%-7.0%10.5K-291.6K-4.8K0.7058.68N/AN/A103815
2020-07-21$781.80$800.0072.5%20.8%82.6%14.8%76.7%-24.9%2.3%7.5K-64.4K-4.3K0.6566.04N/AN/A213815
2020-07-22$796.60$800.0075.4%21.6%82.8%15.8%77.1%-18.3%0.2%8.1K-125.5K-4.5K1.0074.83N/AN/A003815
2020-07-23$806.40$800.0072.2%20.7%75.7%14.7%0.0%-6.0%-0.4%8.4K-119.4K-4.4K0.0072.38N/AN/A003815
2020-07-24$806.80$800.0073.6%21.1%75.5%15.0%0.0%-9.1%1.9%8.2K-101.3K-4.3K0.0074.90N/AN/A003915
2020-07-27$812.80$800.0072.7%20.8%72.2%14.7%72.9%-15.3%2.9%9.2K-132.0K-4.3K0.2559.52N/AN/A003815
2020-07-28$832.80$800.0074.1%21.2%72.7%15.2%0.0%-11.4%0.0%9.9K-143.6K-4.0K0.0067.25N/AN/A003815
2020-07-29$802.20$800.0070.6%20.2%71.1%13.9%0.0%-7.0%-0.2%9.2K-88.8K-4.1K0.0081.44N/AN/A003815
2020-07-30$856.60$800.0072.7%20.8%73.8%14.7%72.4%2.7%3.4%11.9K-223.9K-4.3K0.5789.76N/AN/A113815
2020-07-31$877.00$760.0077.3%22.2%74.1%16.3%76.7%-8.0%4.0%13.5K-358.7K-4.7K0.0476.06N/AN/A203816