DUG Options History — February 2023

In February 2023, DUG traded between $46.04 and $53.92. ATM implied volatility averaged 57.9%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 3.2% (HV 20d: 54.7%). Max pain ranged from $40.00 to $48.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-02-22: Highest Volume — 56 contracts
  • 2023-02-02: Largest IV spike — 15.8% change
  • 2023-02-13: Highest IV Rank — 30.5%
  • 2023-02-13: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.99$46.04$53.92$47.44$52.92
Max Pain$41.89$40.00$48.00$44.00$48.00
ATM IV57.9%51.2%63.8%51.2%52.6%
Expected Move16.5%14.7%18.3%14.7%15.1%
HV 20d54.7%42.4%64.1%42.4%58.0%
HV 60d57.1%54.8%59.6%58.1%55.5%
IV Rank20.7%9.7%30.5%9.7%12.1%
IV Percentile6.7%0.8%19.4%0.8%1.2%
Term Structure-1.1%-5.6%5.0%-2.3%2.2%
VWIV60.7%52.1%70.4%70.4%54.9%
Skew 25d-11.3%-24.3%-5.7%-24.3%-5.7%
Skew 10d-20.0%-57.1%-0.9%-27.6%-0.9%
Call IV 25d63.8%57.5%69.9%59.3%57.5%
Put IV 25d52.5%35.0%61.7%35.0%51.8%
Bid-Ask Spread %64.2644.7798.8298.8255.17
Gamma HHI0.350.270.440.300.44
Net GEX14.1K7.6K23.4K8.9K23.4K
Net DEX-361.7K-481.5K-191.5K-274.2K-481.5K
Net VEX-1.3K-1.6K-1.0K-1.2K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.001.600.060.15
Total Volume15.15805658
Total OI384.632160469426259

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$47.44$44.0051.2%14.7%42.4%9.7%70.4%-24.3%-2.3%8.9K-274.2K-1.2K0.0698.82N/AN/A5040125
2023-02-02$50.72$40.0059.3%16.5%49.5%23.0%60.5%-10.7%1.6%10.9K-377.6K-1.3K0.4358.59N/AN/A11540525
2023-02-03$50.72$40.0056.0%15.8%46.8%17.6%0.0%-8.4%3.0%12.1K-380.1K-1.3K0.1587.92N/AN/A9141428
2023-02-06$51.36$40.0059.7%17.1%44.6%23.7%63.8%-11.3%-2.7%12.3K-427.5K-1.3K0.0044.77N/AN/A8041628
2023-02-07$48.28$40.0059.5%16.7%50.0%23.4%52.1%-10.9%-3.1%12.1K-319.5K-1.3K0.0954.09N/AN/A26242328
2023-02-08$48.92$40.0057.7%16.5%50.1%20.4%0.0%-11.7%-5.3%14.0K-354.3K-1.3K0.0060.08N/AN/A4043828
2023-02-09$49.80$40.0058.7%16.8%50.4%22.0%0.0%-11.4%-5.6%15.0K-405.3K-1.3K0.0055.93N/AN/A0044128
2023-02-10$46.04$40.0060.8%17.4%55.9%25.6%56.6%-11.5%-4.9%12.2K-235.5K-1.1K0.3155.45N/AN/A8344128
2023-02-13$46.36$40.0063.8%18.3%55.9%30.5%0.0%-12.3%-4.4%10.6K-210.2K-1.1K0.0076.01N/AN/A0043430
2023-02-14$46.20$40.0057.1%16.4%55.9%19.5%59.8%-11.7%-1.2%11.4K-191.5K-1.0K0.0092.35N/AN/A6043430
2023-02-15$47.84$40.0054.7%15.7%56.4%15.5%0.0%-8.4%3.4%16.7K-269.7K-1.1K0.0055.10N/AN/A4043430
2023-02-16$48.72$40.0063.0%18.0%56.2%29.1%70.3%-17.8%-2.2%7.6K-318.9K-1.1K0.0085.41N/AN/A18043530
2023-02-17$52.36$40.0056.5%16.2%61.2%18.5%60.9%-9.3%5.0%15.6K-465.8K-1.2K0.0180.77N/AN/A52143830
2023-02-21$52.56$40.0062.7%18.0%61.1%28.7%63.2%-7.0%-1.6%8.5K-335.6K-1.2K0.0356.27N/AN/A45214119
2023-02-22$53.92$40.0058.9%16.9%61.4%22.4%63.1%-10.1%-5.1%14.3K-462.5K-1.4K0.0860.08N/AN/A52418218
2023-02-23$51.56$48.0056.2%16.1%64.1%18.0%56.9%-13.3%-0.4%19.4K-444.8K-1.6K0.0648.40N/AN/A4023222
2023-02-24$52.28$48.0055.2%15.8%59.3%16.4%56.9%-10.2%1.6%21.0K-478.0K-1.6K0.0044.77N/AN/A3023522
2023-02-27$51.72$48.0055.6%15.9%59.4%16.9%0.0%-8.4%1.3%21.1K-439.3K-1.5K1.6051.01N/AN/A3423422
2023-02-28$52.92$48.0052.6%15.1%58.0%12.1%54.9%-5.7%2.2%23.4K-481.5K-1.6K0.1555.17N/AN/A7123425