DUG Options History — February 2021

In February 2021, DUG traded between $311.80 and $508.80. ATM implied volatility averaged 85.4%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded above realized volatility by 12.9% (HV 20d: 72.5%). Max pain ranged from $340.00 to $500.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.52.

Notable Days

  • 2021-02-22: Highest Volume — 10 contracts
  • 2021-02-24: Largest IV spike — 53.8% change
  • 2021-02-24: Highest IV Rank — 27.4%
  • 2021-02-24: Largest Expected Move — 37.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$395.44$311.80$508.80$508.80$333.00
Max Pain$400.00$340.00$500.00$500.00$340.00
ATM IV85.4%71.7%130.3%85.5%87.9%
Expected Move24.0%20.6%37.3%24.5%25.2%
HV 20d72.5%65.2%80.5%80.2%68.8%
HV 60d84.6%71.3%106.9%106.2%71.3%
IV Rank15.4%10.9%27.4%16.8%10.9%
IV Percentile53.6%23.4%87.7%63.1%65.5%
Term Structure-4.5%-77.4%19.5%12.5%-8.2%
VWIV81.1%71.3%106.1%85.1%83.0%
Skew 25d-4.5%-38.9%20.6%20.5%-2.4%
Skew 10d-5.3%-33.5%43.7%-7.3%-9.4%
Call IV 25d89.9%67.4%149.3%149.3%80.7%
Put IV 25d85.3%47.9%169.8%169.8%78.3%
Bid-Ask Spread %98.6468.49131.23119.33104.65
Gamma HHI0.120.070.240.070.22
Net GEX2.4K-8046.0K6.0K3.0K
Net DEX145.7K-63.4K283.5K-63.4K30.0K
Net VEX-1.0K-2.1K-551-2.1K-954
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.004.000.000.03
Total Volume1.78901012
Total OI49.15840524852

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$508.80$500.0085.5%24.5%80.2%16.8%0.0%20.5%12.5%6.0K-63.4K-2.1K0.00119.33N/AN/A103612
2021-02-02$496.20$500.0075.7%21.7%80.5%13.2%85.1%-13.7%19.5%6.0K10.2K-1.7K0.00105.44N/AN/A103612
2021-02-03$459.00$500.00106.0%30.4%77.1%24.1%74.3%11.7%-36.7%5.1K16.7K-1.8K0.15131.23N/AN/A103512
2021-02-04$451.00$360.0081.7%23.1%75.0%15.4%0.0%20.6%0.1%4.5K124.8K-1.4K0.0089.03N/AN/A103512
2021-02-05$439.60$360.0080.0%23.1%74.3%14.8%75.2%2.0%-4.8%4.1K163.4K-1.2K2.5085.72N/AN/A003612
2021-02-08$402.00$420.00102.5%21.4%80.1%22.9%0.0%-5.3%-20.2%1.0K234.4K-7300.00105.86N/AN/A103612
2021-02-09$411.00$420.0077.7%21.8%80.4%14.0%80.2%17.7%6.9%1.7K227.6K-9250.0682.97N/AN/A203712
2021-02-10$401.00$420.0075.3%21.6%76.1%13.1%82.9%-7.2%0.9%3.1K192.9K-1.1K0.00125.88N/AN/A103912
2021-02-11$410.60$420.0073.8%21.2%76.0%12.5%73.6%-3.4%14.5%2.9K208.0K-9590.0768.49N/AN/A103912
2021-02-12$397.80$400.0071.7%20.6%72.8%11.8%71.3%-13.9%-14.5%2.8K162.9K-1.3K0.4375.97N/AN/A213912
2021-02-16$375.00$400.0074.6%21.4%67.8%12.8%77.3%-0.9%16.0%-716266.9K-7180.5073.07N/AN/A103812
2021-02-17$366.40$400.0075.8%21.7%66.4%13.2%74.6%-4.1%4.8%-804283.5K-6140.3282.06N/AN/A213912
2021-02-18$382.00$340.0086.1%24.7%68.6%17.0%76.6%-15.3%2.6%164238.7K-7744.0091.64N/AN/A004012
2021-02-19$369.00$340.0075.6%21.7%65.2%13.0%75.5%-32.0%1.3%1.0K274.5K-6400.0086.94N/AN/A004012
2021-02-22$343.00$400.0086.0%24.7%68.3%15.2%84.9%-6.7%-0.3%414106.8K-5510.48104.87N/AN/A73337
2021-02-23$333.00$380.0084.7%24.3%66.9%11.3%81.0%-3.6%1.5%2.0K85.1K-7860.18105.69N/AN/A103910
2021-02-24$311.80$360.00130.3%37.3%66.3%27.4%106.1%-38.9%-77.4%1.7K77.0K-7820.86130.55N/AN/A11409
2021-02-25$323.20$340.0092.0%26.4%66.4%12.5%96.0%-10.8%-4.9%999128.3K-6790.22104.75N/AN/A214110
2021-02-26$333.00$340.0087.9%25.2%68.8%10.9%83.0%-2.4%-8.2%3.0K30.0K-9540.03104.65N/AN/A204210