DUG Options History — December 2021

In December 2021, DUG traded between $177.00 and $203.60. ATM implied volatility averaged 60.1%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 3.5% (HV 20d: 56.5%). Max pain ranged from $180.00 to $200.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2021-12-20: Highest Volume — 118 contracts
  • 2021-12-13: Largest IV spike — 65.7% change
  • 2021-12-03: Highest IV Rank — 28.6%
  • 2021-12-03: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$186.53$177.00$203.60$195.80$182.00
Max Pain$181.82$180.00$200.00$180.00$180.00
ATM IV60.1%44.7%85.6%77.9%51.8%
Expected Move17.1%13.5%24.5%22.3%14.8%
HV 20d56.5%46.7%61.3%56.0%46.7%
HV 60d51.7%48.1%55.9%54.9%48.1%
IV Rank13.4%4.2%28.6%24.0%8.5%
IV Percentile38.5%1.2%92.1%82.1%11.1%
Term Structure1.0%-16.4%15.7%-9.7%5.0%
VWIV67.0%55.1%96.2%79.1%56.6%
Skew 25d-11.8%-28.7%-0.3%-20.0%-0.7%
Skew 10d-17.8%-43.8%4.5%-31.3%3.1%
Call IV 25d69.0%54.2%97.2%95.3%58.4%
Put IV 25d57.1%34.0%78.6%75.3%57.7%
Bid-Ask Spread %72.6319.0293.6184.3785.33
Gamma HHI0.220.180.300.200.23
Net GEX19.2K6.4K36.9K11.4K33.8K
Net DEX-382.6K-652.3K-104.2K-441.6K-508.7K
Net VEX-2.4K-3.1K-1.9K-2.5K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.050.400.220.10
Total Volume52351183562
Total OI234.136201290201290

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$195.80$180.0077.9%22.3%56.0%24.0%79.1%-20.0%-9.7%11.4K-441.6K-2.5K0.2284.37N/AN/A29677124
2021-12-02$188.40$180.0072.4%20.7%57.8%20.7%71.9%-28.7%-6.8%12.4K-373.4K-2.4K0.3591.71N/AN/A291078125
2021-12-03$193.60$180.0085.6%24.5%58.4%28.6%78.4%-18.6%-4.2%10.0K-385.3K-2.5K0.3593.61N/AN/A301078130
2021-12-06$185.40$200.0061.3%19.1%59.6%14.1%82.5%-16.9%0.8%8.2K-232.1K-2.6K0.3567.34N/AN/A291078130
2021-12-07$177.60$200.0058.3%17.1%61.3%12.3%96.2%-13.1%4.8%6.4K-104.2K-2.5K0.4087.44N/AN/A291178130
2021-12-08$177.00$180.0065.2%17.0%61.3%16.4%76.5%-13.8%2.5%9.3K-169.0K-2.3K0.4089.25N/AN/A291278125
2021-12-09$180.40$180.0056.3%16.9%58.7%11.1%70.3%-11.5%1.9%11.3K-209.3K-2.1K0.3989.06N/AN/A291278125
2021-12-10$178.60$180.0044.7%15.7%58.6%4.2%55.8%-10.5%5.2%11.8K-150.4K-2.2K0.3987.05N/AN/A291278125
2021-12-13$186.80$180.0074.0%15.9%60.6%21.7%57.1%-11.3%-0.2%13.6K-298.1K-1.9K0.3833.13N/AN/A301278125
2021-12-14$190.00$180.0060.0%16.4%60.2%13.3%61.8%-7.1%1.3%15.9K-338.9K-1.9K0.3129.72N/AN/A371280125
2021-12-15$191.00$180.0069.4%19.9%60.1%18.9%70.0%-5.2%-16.4%17.9K-446.6K-2.3K0.3193.05N/AN/A371287125
2021-12-16$188.80$180.0059.0%16.9%59.0%12.7%67.6%-11.2%-2.2%16.2K-407.7K-2.0K0.3154.63N/AN/A371287125
2021-12-17$195.40$180.0062.8%18.0%60.1%15.0%65.1%-8.8%15.7%10.1K-488.3K-2.2K0.2566.82N/AN/A451287125
2021-12-20$203.60$180.0065.8%18.9%56.3%16.8%76.6%-18.8%-0.7%14.0K-580.4K-2.4K0.0574.25N/AN/A112680121
2021-12-21$190.80$180.0059.7%17.1%58.6%13.2%63.0%-11.5%4.0%33.3K-652.3K-3.1K0.1088.89N/AN/A555154122
2021-12-22$187.80$180.0047.5%13.6%56.6%5.9%55.1%-7.8%4.9%36.9K-597.5K-3.0K0.1176.18N/AN/A505164122
2021-12-23$186.20$180.0047.1%13.5%55.8%5.7%55.3%-8.0%4.4%32.9K-488.7K-2.7K0.1157.04N/AN/A505158122
2021-12-27$180.00$180.0049.2%14.1%50.5%6.9%57.7%-23.1%3.0%28.7K-355.8K-2.2K0.1151.03N/AN/A526158122
2021-12-28$179.00$180.0051.7%14.8%50.4%8.4%60.4%-8.3%1.8%27.4K-327.9K-2.2K0.1119.02N/AN/A526159122
2021-12-29$181.40$180.0050.9%14.6%48.8%8.0%59.0%-5.4%1.3%30.4K-406.7K-2.4K0.1191.74N/AN/A526164122
2021-12-30$184.00$180.0050.8%14.6%48.4%7.9%57.6%-0.3%5.4%31.5K-454.9K-2.3K0.1187.26N/AN/A526168122
2021-12-31$182.00$180.0051.8%14.8%46.7%8.5%56.6%-0.7%5.0%33.8K-508.7K-2.4K0.1085.33N/AN/A566168122