DUG Options History — August 2023

In August 2023, DUG traded between $42.84 and $46.80. ATM implied volatility averaged 41.8%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 7.4% (HV 20d: 34.4%). Max pain ranged from $40.00 to $48.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.98.

Notable Days

2023-08-15: Highest Volume — 13 contracts
2023-08-08: Largest IV spike — 35.4% change
2023-08-08: Highest IV Rank — 38.6%
2023-08-18: Largest Expected Move — 13.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.76	$42.84	$46.80	$45.56	$43.84
Max Pain	$41.74	$40.00	$48.00	$48.00	$40.00
ATM IV	41.8%	33.6%	59.2%	37.3%	33.6%
Expected Move	11.8%	9.6%	13.0%	10.7%	9.6%
HV 20d	34.4%	27.4%	43.6%	42.8%	27.4%
HV 60d	39.9%	37.1%	42.3%	42.3%	37.1%
IV Rank	11.1%	0.0%	38.6%	0.0%	0.0%
IV Percentile	8.5%	0.0%	46.4%	0.0%	0.0%
Term Structure	4.1%	-7.5%	33.6%	7.2%	3.8%
VWIV	41.0%	25.6%	48.8%	44.8%	33.6%
Skew 25d	-3.8%	-18.0%	46.7%	-4.3%	2.5%
Skew 10d	-7.2%	-37.2%	21.3%	1.1%	-1.8%
Call IV 25d	47.4%	26.2%	67.9%	40.9%	26.2%
Put IV 25d	43.6%	27.8%	93.1%	36.6%	28.7%
Bid-Ask Spread %	71.50	24.07	117.11	84.89	26.09
Gamma HHI	0.30	0.17	0.41	0.23	0.34
Net GEX	1.6K	31	3.3K	339	3.3K
Net DEX	-12.5K	-61.3K	37.2K	-317	-29.5K
Net VEX	-271	-322	-220	-248	-248
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.98	0.00	9.00	0.00	9.00
Total Volume	2.522	0	13	0	2
Total OI	76.696	65	91	65	82

Daily Data (23 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
2023-08-01	$45.56	$48.00	37.3%	10.7%	42.8%	0.0%	0.0%	-4.3%	7.2%	339	-317	-248	0.00	84.89	N/A	N/A	0	0	48	17
2023-08-02	$46.80	$48.00	44.4%	12.7%	43.6%	11.5%	0.0%	20.3%	33.6%	83	-19.0K	-280	0.00	109.95	N/A	N/A	0	0	48	17
2023-08-03	$45.56	$44.00	42.1%	12.1%	40.6%	7.8%	0.0%	-7.5%	3.1%	422	-9.9K	-260	0.00	98.06	N/A	N/A	0	2	48	17
2023-08-04	$45.56	$44.00	34.2%	10.9%	38.2%	0.0%	0.0%	-6.5%	10.9%	243	6.6K	-259	1.00	55.96	N/A	N/A	1	1	48	19
2023-08-07	$45.64	$44.00	43.7%	11.4%	38.3%	14.7%	0.0%	-4.7%	2.5%	358	3.9K	-261	0.00	117.11	N/A	N/A	0	0	49	19
2023-08-08	$45.16	$44.00	59.2%	12.8%	35.4%	38.6%	0.0%	-7.5%	-0.1%	516	-3.3K	-263	0.00	64.64	N/A	N/A	0	5	49	19
2023-08-09	$43.84	$44.00	43.0%	12.3%	36.2%	13.6%	44.8%	46.7%	-0.3%	184	35.1K	-220	0.13	91.13	N/A	N/A	2	0	49	22
2023-08-10	$44.16	$44.00	42.6%	12.2%	36.3%	13.0%	41.0%	-4.2%	2.3%	177	27.6K	-245	1.22	80.19	N/A	N/A	2	3	51	22
2023-08-11	$42.84	$40.00	42.2%	12.1%	29.1%	12.4%	0.0%	-5.1%	2.0%	657	37.2K	-240	2.50	87.46	N/A	N/A	1	3	54	24
2023-08-14	$43.16	$40.00	42.4%	12.2%	29.5%	12.6%	42.4%	-5.4%	3.2%	712	32.8K	-234	0.00	25.37	N/A	N/A	0	0	55	24
2023-08-15	$45.08	$40.00	43.9%	12.6%	34.3%	15.0%	44.0%	-4.0%	1.8%	31	17.1K	-253	0.04	24.07	N/A	N/A	12	1	55	24
2023-08-16	$45.56	$40.00	39.0%	11.2%	34.8%	7.4%	48.8%	-15.7%	-7.5%	1.1K	-6.1K	-277	0.25	100.52	N/A	N/A	5	1	61	24
2023-08-17	$44.64	$40.00	43.1%	12.3%	34.8%	13.7%	0.0%	-5.4%	7.7%	2.1K	-1.2K	-293	0.00	69.76	N/A	N/A	0	0	67	23
2023-08-18	$43.92	$40.00	45.3%	13.0%	34.7%	17.1%	47.9%	-7.9%	-3.0%	2.0K	-3.8K	-293	0.00	69.92	N/A	N/A	0	4	68	23
2023-08-21	$44.28	$40.00	43.2%	12.4%	32.7%	13.9%	43.3%	-10.6%	-0.6%	2.8K	-36.5K	-285	0.33	35.20	N/A	N/A	4	1	60	14
2023-08-22	$45.00	$40.00	44.4%	12.7%	33.2%	15.7%	44.8%	-2.8%	2.1%	2.9K	-48.4K	-312	0.00	29.00	N/A	N/A	0	1	63	15
2023-08-23	$45.44	$40.00	41.5%	11.9%	33.3%	11.3%	0.0%	-9.9%	3.2%	3.0K	-58.1K	-322	0.00	97.13	N/A	N/A	1	0	64	16
2023-08-24	$45.80	$40.00	42.7%	12.2%	32.9%	13.1%	37.7%	-11.0%	2.4%	3.1K	-61.3K	-313	0.00	54.08	N/A	N/A	0	0	64	16
2023-08-25	$45.00	$40.00	38.8%	11.1%	33.4%	7.1%	38.4%	-14.9%	4.6%	3.2K	-51.8K	-300	0.29	89.55	N/A	N/A	4	1	64	16
2023-08-28	$44.56	$40.00	41.8%	12.0%	30.7%	11.7%	0.0%	-18.0%	7.2%	3.3K	-50.2K	-293	0.00	109.55	N/A	N/A	0	0	66	16
2023-08-29	$44.28	$40.00	36.6%	10.5%	30.6%	3.7%	25.6%	-9.3%	4.3%	3.3K	-39.1K	-278	0.00	32.11	N/A	N/A	1	0	66	16
2023-08-30	$43.84	$40.00	35.4%	10.1%	28.8%	1.8%	0.0%	-1.8%	3.4%	3.3K	-29.7K	-256	0.00	92.84	N/A	N/A	0	0	66	16
2023-08-31	$43.84	$40.00	33.6%	9.6%	27.4%	0.0%	33.6%	2.5%	3.8%	3.3K	-29.5K	-248	9.00	26.09	N/A	N/A	0	2	66	16