DUG Options History — March 2021

In March 2021, DUG traded between $270.20 and $326.60. ATM implied volatility averaged 75.5%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 13.0% (HV 20d: 62.5%). Max pain ranged from $300.00 to $500.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-03-08: Highest Volume — 9 contracts
  • 2021-03-03: Largest IV spike — 33.2% change
  • 2021-03-25: Highest IV Rank — 16.2%
  • 2021-03-03: Largest Expected Move — 26.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$297.71$270.20$326.60$319.40$309.00
Max Pain$317.39$300.00$500.00$360.00$300.00
ATM IV75.5%68.5%93.1%69.8%68.9%
Expected Move21.6%19.6%26.7%20.0%19.8%
HV 20d62.5%58.8%69.4%61.3%61.1%
HV 60d68.5%66.1%71.6%71.6%69.1%
IV Rank7.5%3.4%16.2%3.8%6.8%
IV Percentile34.4%11.9%70.6%14.3%13.1%
Term Structure-1.6%-24.8%44.9%0.1%-18.3%
VWIV76.1%65.9%87.5%72.5%75.1%
Skew 25d-7.6%-31.6%22.3%-10.1%22.3%
Skew 10d-10.7%-48.3%22.1%-46.9%-5.6%
Call IV 25d84.1%56.0%137.9%103.1%56.0%
Put IV 25d76.5%67.4%106.3%93.1%78.4%
Bid-Ask Spread %86.6628.99117.55103.52117.55
Gamma HHI0.230.150.340.230.25
Net GEX5.0K61711.4K1.3K5.3K
Net DEX-2.3K-164.2K135.7K97.7K-90.7K
Net VEX-919-1.1K-671-815-969
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.000.670.330.00
Total Volume3.2610900
Total OI63.21753745360

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$319.40$360.0069.8%20.0%61.3%3.8%0.0%-10.1%0.1%1.3K97.7K-8150.33103.52N/AN/A004310
2021-03-02$319.80$360.0069.9%20.0%62.0%3.9%72.5%-3.8%8.9%944109.2K-7490.4488.67N/AN/A104310
2021-03-03$309.60$360.0093.1%26.7%62.1%12.9%85.6%-31.6%-24.8%1.0K116.7K-7280.52115.12N/AN/A114310
2021-03-04$299.40$500.0081.4%23.0%58.8%8.3%68.7%-6.7%3.9%617135.7K-6710.22101.94N/AN/A414411
2021-03-05$278.60$320.0068.7%20.8%61.5%3.4%73.3%-12.8%5.0%1.3K129.8K-6960.2295.42N/AN/A514911
2021-03-08$273.80$300.0084.1%23.0%61.5%9.4%76.3%-10.6%-8.4%3.4K95.7K-7830.0693.42N/AN/A815311
2021-03-09$286.00$300.0078.1%21.9%60.8%7.1%76.2%-0.7%-3.4%7.4K-957-9750.1689.99N/AN/A615811
2021-03-10$271.00$300.0074.3%21.3%60.3%5.6%78.7%-9.7%-2.8%6.7K49.2K-9550.2895.25N/AN/A415812
2021-03-11$270.60$300.0075.3%21.6%60.6%6.0%74.2%-1.0%-1.7%7.4K72.8K-9070.1051.60N/AN/A105813
2021-03-12$270.20$300.0077.9%22.3%58.9%7.0%73.0%-7.5%-8.4%7.8K67.3K-9100.0371.38N/AN/A205913
2021-03-15$276.40$300.0076.7%22.0%60.7%6.5%77.2%-9.0%-1.9%10.3K50.7K-8770.4665.51N/AN/A325913
2021-03-16$290.40$300.0072.5%20.8%63.2%4.9%73.7%-6.8%6.5%11.4K-24.9K-9510.2190.82N/AN/A516014
2021-03-17$288.60$300.0070.9%20.3%63.1%4.3%87.4%-4.1%-1.1%8.4K25.7K-9160.21109.09N/AN/A215615
2021-03-18$314.00$300.0081.9%23.5%69.4%8.5%81.1%-9.2%44.9%3.9K-102.2K-9930.0990.30N/AN/A715716
2021-03-19$309.40$300.0069.9%20.0%68.8%4.6%75.7%-13.1%2.1%4.1K-30.0K-1.0K0.0828.99N/AN/A505615
2021-03-22$315.60$300.0070.5%20.2%65.1%6.3%77.0%-9.0%2.5%4.4K-118.8K-1.0K0.0083.86N/AN/A104611
2021-03-23$326.60$300.0068.5%19.6%65.7%5.1%72.2%-4.0%-0.6%5.2K-164.2K-1.1K0.4340.66N/AN/A114711
2021-03-24$310.20$300.0070.2%20.1%64.1%6.9%65.9%-5.1%1.2%5.3K-119.4K-1.0K0.00116.40N/AN/A004811
2021-03-25$308.60$300.0083.8%24.0%62.6%16.2%76.3%-15.6%-22.6%5.1K-144.6K-1.1K0.67100.63N/AN/A114811
2021-03-26$296.80$300.0074.4%21.3%62.7%9.8%70.5%-7.0%-1.8%4.8K-79.4K-1.0K0.04101.21N/AN/A404912
2021-03-29$299.00$300.0082.0%23.5%61.4%15.0%87.5%-9.0%-15.6%4.4K-53.8K-9540.0075.62N/AN/A004712
2021-03-30$304.40$300.0074.6%21.4%61.8%11.1%75.1%-11.9%-0.7%4.9K-74.4K-1.0K0.3366.16N/AN/A104812
2021-03-31$309.00$300.0068.9%19.8%61.1%6.8%0.0%22.3%-18.3%5.3K-90.7K-9690.00117.55N/AN/A004812