DUG Options History — January 2021

In January 2021, DUG traded between $408.80 and $574.40. ATM implied volatility averaged 80.2%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded above realized volatility by 9.8% (HV 20d: 70.4%). Max pain ranged from $460.00 to $600.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 1.27.

Notable Days

  • 2021-01-15: Highest Volume — 11 contracts
  • 2021-01-07: Largest IV drop — 27.8% change
  • 2021-01-06: Highest IV Rank — 22.8%
  • 2021-01-28: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$469.62$408.80$574.40$574.40$518.80
Max Pain$509.47$460.00$600.00$460.00$500.00
ATM IV80.2%69.5%100.1%82.6%88.9%
Expected Move22.1%19.0%28.7%22.0%25.5%
HV 20d70.4%62.2%80.3%67.5%80.3%
HV 60d106.3%104.8%108.3%104.8%106.2%
IV Rank16.5%13.2%22.8%18.0%18.0%
IV Percentile48.9%25.8%74.6%61.9%69.0%
Term Structure-1.6%-26.9%13.0%-0.4%5.2%
VWIV78.0%70.7%96.6%76.0%85.4%
Skew 25d-3.7%-15.3%28.7%-7.8%-15.3%
Skew 10d-10.1%-28.2%24.6%-28.2%-10.4%
Call IV 25d81.7%73.5%112.1%81.4%89.5%
Put IV 25d78.0%67.7%140.8%73.6%74.1%
Bid-Ask Spread %59.9129.69125.1044.3691.83
Gamma HHI0.110.080.190.160.08
Net GEX2.3K-5.6K8.6K2.2K8.6K
Net DEX202.4K-175.1K565.2K-9.2K-175.1K
Net VEX-1.9K-2.7K-1.2K-2.7K-2.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.270.005.330.000.02
Total Volume2.52601113
Total OI56.84241725950

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$574.40$460.0082.6%22.0%67.5%18.0%0.0%-7.8%-0.4%2.2K-9.2K-2.7K0.0044.36N/AN/A104514
2021-01-05$518.60$460.0088.0%22.0%64.3%19.9%76.0%-3.4%2.9%2.1K186.1K-2.2K1.1843.78N/AN/A224614
2021-01-06$490.60$500.0096.2%22.4%64.7%22.8%76.8%-5.1%-2.2%716260.9K-2.2K0.6744.04N/AN/A114715
2021-01-07$471.80$500.0069.5%19.0%64.9%13.4%74.5%-9.9%5.1%291397.6K-1.7K2.4833.67N/AN/A134816
2021-01-08$476.40$500.0078.1%20.0%65.1%16.5%74.5%-5.4%1.1%-5.3K458.5K-1.9K5.3343.30N/AN/A014819
2021-01-11$462.60$500.0080.1%22.2%62.2%17.2%77.3%-4.9%-4.5%-5.6K517.0K-1.6K0.2533.20N/AN/A214819
2021-01-12$427.60$500.0080.1%21.1%66.4%17.2%74.9%-6.3%5.1%-1.3K558.6K-1.3K3.0049.34N/AN/A005019
2021-01-13$438.20$500.0071.8%20.6%62.5%14.2%0.0%-4.6%-16.6%-1.2K557.7K-1.4K0.0071.02N/AN/A005019
2021-01-14$408.80$500.0071.4%20.5%65.5%14.1%75.6%-0.3%13.0%2.0K565.2K-1.2K0.1161.99N/AN/A415019
2021-01-15$445.40$460.0073.7%21.1%74.1%14.9%75.5%-5.6%3.4%40530.2K-1.3K4.7653.45N/AN/A295319
2021-01-19$424.60$600.0072.8%20.9%75.0%14.3%74.0%-3.5%2.0%3.2K59.5K-1.3K0.8355.84N/AN/A11347
2021-01-20$424.80$600.0070.9%20.3%72.9%13.2%70.7%-2.9%1.1%3.4K53.4K-1.4K4.0042.78N/AN/A01348
2021-01-21$449.80$600.0072.3%20.7%76.0%13.5%74.1%-6.7%2.7%3.9K6.2K-1.7K0.7529.69N/AN/A32349
2021-01-22$455.40$500.0073.1%21.0%74.7%13.8%74.7%-4.8%-0.2%5.2K39.4K-2.0K0.3267.83N/AN/A103711
2021-01-25$467.00$500.0079.3%22.7%74.3%15.1%79.2%-6.2%2.8%5.6K8.5K-2.0K0.2558.70N/AN/A213711
2021-01-26$482.40$500.0078.7%22.6%74.6%14.3%81.5%5.1%-0.3%6.1K-3.8K-2.0K0.1078.95N/AN/A103812
2021-01-27$500.00$500.0096.2%27.6%76.1%20.6%84.0%28.7%-26.9%7.0K-120.4K-2.6K0.00125.10N/AN/A103812
2021-01-28$485.60$500.00100.1%28.7%76.3%22.0%96.6%-11.6%-23.7%6.3K-44.3K-2.2K0.00109.48N/AN/A003812
2021-01-29$518.80$500.0088.9%25.5%80.3%18.0%85.4%-15.3%5.2%8.6K-175.1K-2.6K0.0291.83N/AN/A303812