DUG Options History — October 2023

In October 2023, DUG traded between $40.08 and $47.08. ATM implied volatility averaged 50.5%, placing in the 36.5% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 2.7% (HV 20d: 47.9%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.43.

Notable Days

  • 2023-10-04: Highest Volume — 45 contracts
  • 2023-10-09: Largest IV spike — 16.0% change
  • 2023-10-04: Highest IV Rank — 43.6%
  • 2023-10-04: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.66$40.08$47.08$43.20$46.64
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV50.5%46.5%55.7%47.3%48.5%
Expected Move14.5%13.3%16.0%13.6%13.9%
HV 20d47.9%40.8%51.4%41.2%46.8%
HV 60d38.7%36.7%39.8%36.8%39.8%
IV Rank36.5%31.1%43.6%32.1%33.8%
IV Percentile39.3%29.4%48.4%32.1%36.1%
Term Structure0.9%-5.2%21.3%21.3%-0.7%
VWIV49.2%29.7%54.6%47.5%51.4%
Skew 25d-4.9%-9.8%-0.4%-9.4%-5.9%
Skew 10d-14.7%-73.5%20.0%-73.5%-5.6%
Call IV 25d54.4%48.3%65.2%65.2%51.4%
Put IV 25d49.5%45.5%55.9%55.9%45.5%
Bid-Ask Spread %61.1422.80112.37112.3724.07
Gamma HHI0.420.240.620.390.29
Net GEX10.7K4.6K18.1K10.4K10.3K
Net DEX-246.4K-417.7K-100.5K-262.5K-336.1K
Net VEX-699-844-544-767-798
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.003.170.000.11
Total Volume9.318145222
Total OI175.40996208183153

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$43.20$40.0047.3%13.6%41.2%32.1%47.5%-9.4%21.3%10.4K-262.5K-7670.00112.37N/AN/A22015330
2023-10-03$43.28$40.0050.1%14.4%40.8%35.9%48.4%-3.3%0.8%11.3K-265.5K-8051.2238.24N/AN/A2316430
2023-10-04$46.20$40.0055.7%16.0%46.6%43.6%50.5%-5.7%-0.2%11.3K-401.5K-7740.1092.43N/AN/A41416728
2023-10-05$46.44$40.0052.9%15.4%46.6%39.8%50.9%-6.2%-0.3%11.7K-417.7K-8443.1722.80N/AN/A31017229
2023-10-06$45.80$40.0047.3%14.3%46.4%32.2%29.7%-4.8%-0.7%13.5K-385.4K-8250.0728.10N/AN/A7117422
2023-10-09$43.00$40.0054.9%14.8%51.4%42.5%51.4%-3.8%-0.4%13.4K-249.9K-7900.0330.60N/AN/A9017122
2023-10-10$42.80$40.0048.8%14.2%48.0%34.1%0.0%-5.2%-0.3%15.5K-241.1K-7540.0041.53N/AN/A1017722
2023-10-11$43.92$40.0048.4%13.9%48.5%33.6%0.0%-5.7%-0.5%17.0K-311.5K-7710.0740.44N/AN/A8117722
2023-10-12$43.84$40.0048.3%13.9%47.5%33.6%46.6%-3.4%-0.6%18.1K-297.8K-7492.5085.20N/AN/A1317823
2023-10-13$42.08$40.0052.9%15.2%49.5%39.8%53.0%-3.3%-5.2%15.5K-219.3K-6941.0887.33N/AN/A3417920
2023-10-16$41.44$40.0046.5%13.3%49.6%31.1%49.4%-5.1%1.8%14.9K-171.4K-6230.0053.45N/AN/A3018222
2023-10-17$40.72$40.0046.5%13.3%49.6%31.1%48.3%-2.1%0.4%11.0K-123.5K-5590.4686.54N/AN/A3218422
2023-10-18$40.20$40.0050.3%14.4%49.8%36.2%50.4%-3.7%-0.5%9.0K-105.7K-5440.1592.68N/AN/A3118422
2023-10-19$40.08$40.0052.4%15.0%48.5%39.1%0.0%-0.4%-1.0%7.4K-100.5K-5500.0491.54N/AN/A6018622
2023-10-20$41.44$40.0051.0%14.6%50.2%37.1%0.0%-2.7%1.1%4.6K-148.3K-5710.2538.48N/AN/A1018721
2023-10-23$42.84$40.0051.0%14.6%51.0%37.2%50.7%-6.5%2.3%4.8K-143.9K-5700.0227.25N/AN/A1608214
2023-10-24$43.64$40.0051.2%14.7%51.2%37.5%48.9%-4.2%-1.0%6.1K-183.7K-6410.0085.20N/AN/A209714
2023-10-25$44.08$40.0052.1%14.9%47.3%38.7%54.6%-3.5%1.7%6.2K-203.0K-6540.0080.29N/AN/A14010014
2023-10-26$44.92$40.0052.1%14.9%47.5%38.7%52.4%-5.1%-1.7%7.4K-235.4K-6970.0026.79N/AN/A3011014
2023-10-27$47.08$40.0052.2%15.0%48.3%38.8%52.0%-7.8%1.5%7.5K-302.2K-7130.1584.02N/AN/A7111614
2023-10-30$46.80$40.0051.2%14.7%46.8%37.5%51.4%-9.8%1.6%8.7K-314.8K-6930.0175.80N/AN/A18012415
2023-10-31$46.64$40.0048.5%13.9%46.8%33.8%0.0%-5.9%-0.7%10.3K-336.1K-7980.1124.07N/AN/A2013815