DUG Options History — January 2022

In January 2022, DUG traded between $130.56 and $172.60. ATM implied volatility averaged 62.9%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded above realized volatility by 9.2% (HV 20d: 53.7%). Max pain ranged from $132.00 to $180.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.17.

Notable Days

2022-01-03: Highest Volume — 66 contracts
2022-01-12: Largest IV spike — 27.2% change
2022-01-27: Highest IV Rank — 23.3%
2022-01-27: Largest Expected Move — 22.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$144.21	$130.56	$172.60	$172.60	$130.56
Max Pain	$153.50	$132.00	$180.00	$180.00	$132.00
ATM IV	62.9%	49.6%	76.8%	50.1%	67.8%
Expected Move	18.2%	14.2%	22.0%	14.4%	19.4%
HV 20d	53.7%	48.3%	57.9%	48.7%	56.9%
HV 60d	52.7%	49.1%	55.3%	49.1%	55.0%
IV Rank	15.0%	7.1%	23.3%	7.5%	18.0%
IV Percentile	51.1%	5.6%	86.1%	6.3%	68.3%
Term Structure	-0.3%	-11.4%	8.2%	-6.6%	-3.6%
VWIV	66.5%	50.8%	82.0%	61.7%	70.2%
Skew 25d	-6.7%	-33.0%	39.2%	-33.0%	-5.7%
Skew 10d	-13.2%	-52.6%	79.8%	-46.5%	-22.9%
Call IV 25d	69.7%	51.6%	90.0%	66.0%	73.2%
Put IV 25d	63.0%	33.0%	104.9%	33.0%	67.4%
Bid-Ask Spread %	60.67	28.90	105.04	85.03	100.31
Gamma HHI	0.32	0.18	0.90	0.28	0.18
Net GEX	7.6K	-1.2K	25.5K	25.5K	8.3K
Net DEX	-100.3K	-766.7K	270.0K	-254.1K	-192.4K
Net VEX	-862	-2.0K	0	-1.7K	-922
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.01	0.70	0.09	0.09
Total Volume	41.105	0	66	66	41
Total OI	142.842	0	316	288	55

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-01-03	$172.60	$180.00	50.1%	14.4%	48.7%	7.5%	61.7%	-33.0%	-6.6%	25.5K	-254.1K	-1.7K	0.09	85.03	N/A	N/A	60	6	166	122
2022-01-04	$160.60	$180.00	49.6%	14.2%	52.6%	7.1%	50.8%	-9.2%	1.3%	15.2K	-46.4K	-1.3K	0.16	31.73	N/A	N/A	36	6	166	122
2022-01-05	$162.00	$180.00	53.6%	15.4%	51.1%	9.6%	57.7%	39.2%	2.0%	16.0K	-64.7K	-1.4K	0.18	98.39	N/A	N/A	34	6	166	122
2022-01-06	$154.00	$160.00	51.8%	16.1%	53.6%	8.5%	55.6%	-9.8%	8.2%	11.3K	33.0K	-1.2K	0.15	83.87	N/A	N/A	40	6	168	122
2022-01-07	$150.80	$160.00	55.3%	16.8%	52.9%	10.5%	58.9%	-17.6%	3.5%	9.4K	45.3K	-1.1K	0.14	34.07	N/A	N/A	41	6	174	122
2022-01-10	$153.40	$160.00	56.6%	15.9%	53.7%	11.3%	60.1%	-3.3%	5.0%	10.6K	36.2K	-1.2K	0.39	37.44	N/A	N/A	41	16	174	122
2022-01-11	$142.00	$180.00	52.9%	16.2%	55.4%	9.2%	65.3%	-7.9%	2.4%	4.6K	177.6K	-1.1K	0.70	35.94	N/A	N/A	32	22	177	132
2022-01-12	$141.20	$180.00	67.3%	19.3%	54.3%	17.7%	57.9%	-1.1%	-3.1%	-1.2K	270.0K	-2.0K	0.60	105.04	N/A	N/A	37	23	178	138
2022-01-14	$136.76	$0.00	60.9%	17.5%	54.1%	13.9%	0.0%	-13.0%	-2.7%	0	0	0	0.00	56.46	N/A	N/A	0	0	0	0
2022-01-18	$136.28	$0.00	68.4%	19.6%	54.2%	18.3%	0.0%	-13.8%	-11.4%	474	-766.7K	-69	0.01	59.26	N/A	N/A	36	0	58	0
2022-01-19	$136.56	$0.00	61.6%	17.7%	51.4%	14.3%	61.4%	-1.8%	2.1%	3.2K	-41.3K	-96	0.01	28.90	N/A	N/A	42	0	6	0
2022-01-20	$138.80	$136.00	63.6%	18.2%	48.3%	15.5%	62.3%	-0.4%	-1.3%	10.9K	-81.5K	-114	0.01	40.52	N/A	N/A	45	1	12	0
2022-01-21	$145.84	$132.00	68.1%	19.5%	50.9%	18.1%	68.6%	-0.3%	-1.0%	1.6K	-162.9K	-147	0.01	56.67	N/A	N/A	55	1	15	0
2022-01-24	$145.40	$136.00	74.5%	21.4%	51.0%	22.0%	80.9%	-17.7%	-1.2%	4.6K	-145.1K	-362	0.09	78.78	N/A	N/A	13	1	20	1
2022-01-25	$133.28	$136.00	69.5%	19.9%	57.3%	19.0%	80.3%	-24.6%	2.8%	5.3K	-164.6K	-834	0.09	53.59	N/A	N/A	28	3	36	1
2022-01-26	$134.36	$136.00	71.0%	20.4%	57.6%	19.9%	81.0%	14.9%	4.6%	6.0K	-170.3K	-893	0.11	60.39	N/A	N/A	26	3	42	2
2022-01-27	$131.56	$136.00	76.8%	22.0%	57.6%	23.3%	82.0%	-14.4%	-1.6%	5.3K	-144.2K	-849	0.11	46.67	N/A	N/A	29	3	40	2
2022-01-28	$133.96	$132.00	74.9%	21.5%	57.9%	22.2%	76.5%	-7.5%	-5.1%	8.1K	-233.9K	-1.0K	0.10	59.63	N/A	N/A	38	4	50	3
2022-01-31	$130.56	$132.00	67.8%	19.4%	56.9%	18.0%	70.2%	-5.7%	-3.6%	8.3K	-192.4K	-922	0.09	100.31	N/A	N/A	37	4	51	4