DUG Options History — February 2022

In February 2022, DUG traded between $112.88 and $126.44. ATM implied volatility averaged 69.3%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 12.4% (HV 20d: 56.9%). Max pain ranged from $36.00 to $120.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 1.07.

Notable Days

2022-02-14: Highest Volume — 150 contracts
2022-02-11: Largest IV spike — 26.9% change
2022-02-24: Highest IV Rank — 30.6%
2022-02-24: Largest Expected Move — 25.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$120.51	$112.88	$126.44	$121.72	$112.88
Max Pain	$106.11	$36.00	$120.00	$36.00	$120.00
ATM IV	69.3%	55.4%	89.0%	64.2%	63.6%
Expected Move	19.9%	15.9%	25.5%	18.4%	18.2%
HV 20d	56.9%	50.5%	60.2%	59.9%	56.5%
HV 60d	56.2%	53.0%	58.5%	56.3%	54.2%
IV Rank	18.9%	10.6%	30.6%	15.9%	15.5%
IV Percentile	72.4%	30.2%	96.4%	63.1%	64.3%
Term Structure	-4.4%	-72.2%	17.0%	3.4%	-12.5%
VWIV	72.4%	61.9%	79.2%	71.9%	76.8%
Skew 25d	-7.0%	-20.3%	7.8%	-0.9%	-8.0%
Skew 10d	-14.1%	-29.8%	25.3%	-5.9%	-12.5%
Call IV 25d	75.4%	61.3%	84.8%	74.7%	80.2%
Put IV 25d	68.5%	53.9%	88.7%	73.8%	72.2%
Bid-Ask Spread %	78.97	55.01	117.45	100.80	102.19
Gamma HHI	0.16	0.12	0.24	0.15	0.15
Net GEX	14.4K	7.1K	34.6K	7.1K	9.2K
Net DEX	-2.9M	-3.3M	-2.2M	-3.0M	-2.2M
Net VEX	-1.2K	-1.6K	-905	-905	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.07	0.09	1.82	0.09	1.66
Total Volume	101.263	54	150	54	95
Total OI	879.105	793	946	889	797

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
2022-02-01	$121.72	$36.00	64.2%	18.4%	59.9%	15.9%	71.9%	-0.9%	3.4%	7.1K	-3.0M	-905	0.09	100.80	N/A	N/A	49	5	291	598
2022-02-02	$120.52	$36.00	55.4%	15.9%	58.7%	10.6%	78.3%	-20.3%	2.4%	8.5K	-3.0M	-1.1K	0.60	117.45	N/A	N/A	49	30	295	599
2022-02-03	$122.96	$120.00	66.0%	19.1%	56.5%	16.9%	65.8%	0.5%	1.1%	8.4K	-3.1M	-1.0K	0.44	73.78	N/A	N/A	67	30	297	589
2022-02-04	$118.24	$120.00	65.8%	19.6%	56.6%	16.8%	72.2%	-15.7%	-0.5%	8.8K	-3.0M	-1.1K	0.50	64.78	N/A	N/A	60	30	304	589
2022-02-07	$116.32	$120.00	70.2%	19.4%	55.0%	19.4%	71.6%	-11.2%	0.3%	8.5K	-2.9M	-1.2K	0.56	60.80	N/A	N/A	53	30	305	589
2022-02-08	$121.84	$112.00	60.1%	18.6%	59.0%	13.4%	66.8%	-3.7%	4.6%	9.7K	-3.1M	-1.1K	0.48	62.97	N/A	N/A	64	31	309	589
2022-02-09	$119.88	$112.00	62.2%	17.8%	58.1%	14.6%	61.9%	-8.5%	7.2%	13.4K	-3.1M	-1.1K	0.59	72.51	N/A	N/A	53	31	319	590
2022-02-10	$121.88	$112.00	64.1%	18.4%	53.5%	15.8%	67.3%	-5.6%	-1.0%	15.0K	-3.1M	-1.1K	0.47	66.69	N/A	N/A	65	31	320	590
2022-02-11	$114.68	$112.00	81.3%	23.3%	56.7%	26.0%	75.1%	-13.2%	-72.2%	16.5K	-3.0M	-1.3K	0.46	69.52	N/A	N/A	68	31	342	590
2022-02-14	$119.72	$108.00	77.9%	22.3%	59.2%	24.0%	79.2%	-1.6%	-5.3%	24.1K	-3.2M	-1.3K	1.20	63.89	N/A	N/A	68	82	355	591
2022-02-15	$122.40	$108.00	68.0%	19.5%	60.0%	18.1%	73.7%	-14.2%	3.6%	34.6K	-3.3M	-1.6K	1.63	55.01	N/A	N/A	51	83	363	549
2022-02-16	$119.76	$112.00	62.8%	18.0%	60.2%	15.0%	69.3%	7.8%	17.0%	27.6K	-3.2M	-1.3K	1.54	89.29	N/A	N/A	54	83	371	550
2022-02-17	$119.80	$112.00	71.7%	20.6%	59.7%	20.3%	73.1%	-8.3%	-2.2%	28.4K	-3.2M	-1.3K	1.50	78.99	N/A	N/A	55	82	373	550
2022-02-18	$121.96	$112.00	74.0%	21.2%	56.7%	21.7%	78.0%	-9.0%	-4.9%	10.1K	-3.2M	-1.5K	1.46	64.80	N/A	N/A	56	82	373	550
2022-02-22	$125.96	$112.00	74.3%	21.3%	58.5%	21.8%	69.8%	-3.5%	-13.4%	11.4K	-2.5M	-1.3K	1.72	89.24	N/A	N/A	33	56	247	546
2022-02-23	$124.08	$112.00	73.4%	21.0%	50.5%	21.3%	74.6%	-6.3%	-2.0%	10.7K	-2.5M	-1.3K	1.79	76.08	N/A	N/A	32	57	247	547
2022-02-24	$126.44	$120.00	89.0%	25.5%	51.0%	30.6%	76.7%	3.9%	-9.1%	10.5K	-2.5M	-1.3K	1.82	100.05	N/A	N/A	32	57	247	548
2022-02-25	$118.72	$120.00	72.5%	20.8%	55.0%	20.8%	72.8%	-14.5%	0.7%	10.3K	-2.3M	-1.3K	1.78	91.63	N/A	N/A	32	57	246	548
2022-02-28	$112.88	$120.00	63.6%	18.2%	56.5%	15.5%	76.8%	-8.0%	-12.5%	9.2K	-2.2M	-1.2K	1.66	102.19	N/A	N/A	36	59	249	548