DUG Options History — February 2024

In February 2024, DUG traded between $44.00 and $47.52. ATM implied volatility averaged 39.0%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 4.0% (HV 20d: 35.0%). Max pain ranged from $48.00 to $48.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 3.11.

Notable Days

2024-02-15: Highest Volume — 27 contracts
2024-02-22: Largest IV drop — 8.1% change
2024-02-01: Highest IV Rank — 25.6%
2024-02-01: Largest Expected Move — 11.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.73	$44.00	$47.52	$47.28	$44.36
Max Pain	$48.00	$48.00	$48.00	$48.00	$48.00
ATM IV	39.0%	35.7%	42.2%	42.2%	37.3%
Expected Move	11.1%	10.2%	11.9%	11.9%	10.7%
HV 20d	35.0%	31.0%	38.8%	36.7%	33.4%
HV 60d	36.1%	35.1%	36.8%	36.8%	36.5%
IV Rank	21.1%	16.5%	25.6%	25.6%	18.8%
IV Percentile	14.1%	2.8%	29.4%	29.4%	7.5%
Term Structure	0.4%	-3.1%	4.4%	2.5%	-1.1%
VWIV	40.1%	38.2%	40.9%	40.6%	40.4%
Skew 25d	-6.2%	-10.9%	5.2%	-6.3%	5.2%
Skew 10d	-11.6%	-30.1%	6.9%	-25.2%	-8.4%
Call IV 25d	40.2%	26.9%	46.5%	44.5%	26.9%
Put IV 25d	33.9%	28.5%	40.3%	38.3%	32.0%
Bid-Ask Spread %	76.43	25.27	96.24	85.88	96.24
Gamma HHI	0.45	0.20	0.74	0.26	0.73
Net GEX	3.6K	637	6.6K	2.7K	6.0K
Net DEX	-31.6K	-78.0K	70.6K	-76.6K	-11.2K
Net VEX	-667	-785	-555	-653	-692
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.11	0.00	34.00	0.00	0.00
Total Volume	5.65	0	27	0	0
Total OI	150.75	134	180	134	165

Daily Data (20 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
2024-02-01	$47.28	$48.00	42.2%	11.9%	36.7%	25.6%	0.0%	-6.3%	2.5%	2.7K	-76.6K	-653	0.00	85.88	N/A	N/A	0	0	82	52
2024-02-02	$46.72	$48.00	41.1%	11.7%	34.9%	24.1%	40.6%	-9.4%	-0.3%	2.6K	-60.0K	-617	0.00	84.83	N/A	N/A	0	0	82	52
2024-02-05	$46.92	$48.00	41.9%	11.5%	34.9%	25.2%	40.2%	-8.7%	-0.1%	2.4K	-57.4K	-630	0.76	69.49	N/A	N/A	4	3	83	54
2024-02-06	$47.00	$48.00	39.3%	11.4%	33.9%	21.5%	0.0%	-6.7%	1.7%	2.4K	-54.9K	-589	0.38	48.28	N/A	N/A	4	2	83	51
2024-02-07	$46.72	$48.00	38.4%	11.0%	32.3%	20.3%	0.0%	-5.4%	2.0%	2.0K	-41.5K	-601	0.00	75.55	N/A	N/A	0	0	83	52
2024-02-08	$45.72	$48.00	37.0%	10.6%	31.7%	18.4%	0.0%	-10.9%	0.4%	1.9K	-10.2K	-575	0.00	68.73	N/A	N/A	0	0	83	52
2024-02-09	$47.36	$48.00	38.1%	10.9%	34.6%	19.9%	0.0%	-3.4%	0.2%	1.6K	-53.9K	-555	0.35	57.33	N/A	N/A	5	2	83	52
2024-02-12	$46.16	$48.00	39.5%	11.3%	34.9%	21.8%	39.5%	-8.5%	1.5%	2.2K	-28.3K	-559	0.75	40.13	N/A	N/A	10	8	87	54
2024-02-13	$47.28	$48.00	41.3%	11.8%	32.0%	24.4%	0.0%	-7.2%	-0.4%	1.6K	-59.4K	-642	0.91	53.78	N/A	N/A	3	3	93	62
2024-02-14	$47.52	$48.00	40.3%	11.6%	31.0%	22.9%	40.9%	-1.8%	0.0%	637	-57.3K	-652	0.00	89.66	N/A	N/A	2	0	95	64
2024-02-15	$44.92	$48.00	39.6%	11.3%	36.1%	21.9%	40.7%	-2.1%	-0.9%	2.8K	70.6K	-582	0.00	90.02	N/A	N/A	27	0	90	63
2024-02-16	$44.64	$48.00	38.6%	11.1%	36.0%	20.6%	40.0%	-8.1%	3.3%	3.9K	17.0K	-721	0.12	91.95	N/A	N/A	17	2	117	63
2024-02-20	$45.72	$48.00	38.3%	11.0%	37.6%	20.1%	38.2%	-7.6%	-2.4%	5.8K	-78.0K	-776	34.00	25.27	N/A	N/A	0	9	95	46
2024-02-21	$44.28	$48.00	40.5%	11.6%	38.8%	23.3%	40.4%	-8.7%	-3.1%	3.9K	-20.5K	-778	0.00	92.32	N/A	N/A	11	0	99	54
2024-02-22	$44.00	$48.00	37.3%	10.7%	38.1%	18.7%	0.0%	-8.8%	4.4%	5.1K	-11.4K	-772	0.00	86.16	N/A	N/A	1	0	110	54
2024-02-23	$44.36	$48.00	37.8%	10.8%	36.1%	19.4%	0.0%	-7.0%	1.0%	5.7K	-28.5K	-785	0.00	91.70	N/A	N/A	0	0	111	54
2024-02-26	$44.08	$48.00	38.3%	11.0%	35.7%	20.2%	0.0%	-10.2%	-0.8%	5.6K	-12.6K	-720	0.00	92.89	N/A	N/A	0	0	111	54
2024-02-27	$44.64	$48.00	35.7%	10.2%	36.0%	16.5%	0.0%	-5.2%	-0.2%	6.5K	-29.5K	-729	0.00	92.82	N/A	N/A	0	0	111	54
2024-02-28	$44.92	$48.00	36.6%	10.5%	35.2%	17.8%	0.0%	-3.8%	1.0%	6.6K	-29.1K	-702	0.00	95.53	N/A	N/A	0	0	111	54
2024-02-29	$44.36	$48.00	37.3%	10.7%	33.4%	18.8%	0.0%	5.2%	-1.1%	6.0K	-11.2K	-692	0.00	96.24	N/A	N/A	0	0	111	54