DUG Options History — March 2022

In March 2022, DUG traded between $85.52 and $110.44. ATM implied volatility averaged 77.1%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded above realized volatility by 10.3% (HV 20d: 66.7%). Max pain ranged from $48.00 to $120.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.94.

Notable Days

  • 2022-03-29: Highest Volume — 176 contracts
  • 2022-03-07: Largest IV spike — 21.6% change
  • 2022-03-07: Highest IV Rank — 40.0%
  • 2022-03-08: Largest Expected Move — 31.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$96.19$85.52$110.44$110.44$89.64
Max Pain$89.40$48.00$120.00$120.00$80.00
ATM IV77.1%61.7%104.9%79.6%63.6%
Expected Move22.1%17.6%31.8%22.8%17.6%
HV 20d66.7%55.5%75.2%56.4%72.4%
HV 60d58.9%53.9%62.7%53.9%62.2%
IV Rank23.5%14.4%40.0%25.0%15.5%
IV Percentile84.0%58.3%98.8%93.7%64.7%
Term Structure-7.0%-69.0%6.5%-69.0%-2.9%
VWIV79.4%64.4%109.0%85.6%64.4%
Skew 25d135.2%-14.6%699.0%-5.3%-3.2%
Skew 10d291.8%-55.3%676.6%-55.3%-7.1%
Call IV 25d78.9%62.4%99.3%88.4%63.4%
Put IV 25d214.0%59.1%798.2%83.1%60.2%
Bid-Ask Spread %73.5940.49108.7073.9945.75
Gamma HHI0.120.060.310.130.15
Net GEX10.7K4.6K20.1K8.3K12.5K
Net DEX-1.8M-2.3M-1.5M-2.0M-1.7M
Net VEX-1.5K-2.0K-1.1K-1.4K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.571.671.670.68
Total Volume138.7399517695172
Total OI860.696803932803932

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$110.44$120.0079.6%22.8%56.4%25.0%85.6%-5.3%-69.0%8.3K-2.0M-1.4K1.6773.99N/AN/A3659253550
2022-03-02$103.60$116.0069.1%19.8%55.5%18.7%79.9%690.9%3.8%6.7K-1.9M-1.2K1.5090.93N/AN/A4059254550
2022-03-03$105.00$112.0079.9%22.9%56.0%25.2%82.1%668.4%0.5%8.4K-1.9M-1.3K1.2688.66N/AN/A4557263551
2022-03-04$98.56$108.0086.2%24.7%58.5%28.9%89.8%666.4%-4.2%7.8K-1.8M-1.3K1.1994.58N/AN/A5262267551
2022-03-07$95.92$104.00104.9%30.1%57.9%40.0%105.5%398.0%6.5%7.7K-1.7M-1.4K1.0492.33N/AN/A6365277555
2022-03-08$92.60$100.0095.7%31.8%58.5%34.6%109.0%699.0%-12.7%9.6K-1.6M-1.7K0.9196.19N/AN/A7670285559
2022-03-09$98.32$96.0088.1%30.4%60.4%30.0%98.5%0.5%-22.0%12.6K-1.9M-1.8K0.9094.72N/AN/A6962306565
2022-03-10$93.08$100.0082.4%25.9%62.4%26.6%91.4%-1.2%-8.7%10.0K-1.7M-1.5K1.0091.01N/AN/A6262302566
2022-03-11$93.96$92.0075.6%25.7%62.0%22.6%91.9%-14.6%5.4%11.3K-1.8M-1.5K0.9995.12N/AN/A6565307563
2022-03-14$100.56$48.0086.5%21.4%65.6%29.1%75.8%3.3%-9.7%13.5K-2.0M-1.6K0.9579.71N/AN/A6966310565
2022-03-15$106.80$48.0089.2%20.9%67.6%30.7%76.1%-4.7%-22.7%19.4K-2.3M-1.7K0.8072.00N/AN/A8366317565
2022-03-16$107.52$48.0071.9%20.2%66.9%20.4%73.7%-0.6%2.9%20.1K-2.3M-1.6K0.8799.86N/AN/A8170314566
2022-03-17$99.36$0.0075.4%22.5%71.6%22.5%0.0%-8.3%-0.4%18.1K-2.0M-1.4K0.90108.70N/AN/A7971313562
2022-03-18$99.68$0.0081.4%20.6%71.6%26.0%0.0%14.7%-14.2%19.9K-1.9M-1.3K0.8967.90N/AN/A7668311563
2022-03-21$91.88$0.0071.9%20.4%75.2%20.4%70.7%-1.6%-4.0%4.6K-1.7M-1.1K1.2342.34N/AN/A4860252556
2022-03-22$92.84$108.0068.5%19.7%73.8%18.4%70.0%-4.7%0.1%5.5K-1.7M-1.2K0.7550.41N/AN/A8362255556
2022-03-23$89.16$108.0080.0%19.5%74.4%25.2%67.6%15.4%-3.9%5.5K-1.6M-1.1K0.6760.01N/AN/A9764290558
2022-03-24$89.48$80.0065.7%19.1%73.6%16.7%69.2%1.9%0.6%6.9K-1.7M-1.5K0.8367.22N/AN/A7864317563
2022-03-25$85.52$80.0067.8%18.4%72.4%18.0%68.4%3.4%0.5%6.1K-1.5M-1.4K0.6853.85N/AN/A8960318561
2022-03-28$89.96$80.0064.7%18.1%75.0%16.1%66.5%-1.3%-2.4%8.0K-1.7M-1.5K0.5740.49N/AN/A10761326561
2022-03-29$90.12$80.0061.7%17.8%75.0%14.4%65.9%-4.1%-2.0%13.0K-1.8M-1.8K0.6644.12N/AN/A10670351562
2022-03-30$88.32$80.0063.0%17.6%72.4%15.2%66.2%-3.3%-2.7%11.4K-1.7M-1.9K0.6842.70N/AN/A10270356572
2022-03-31$89.64$80.0063.6%17.6%72.4%15.5%64.4%-3.2%-2.9%12.5K-1.7M-2.0K0.6845.75N/AN/A10270361571