DUG Options History — February 2025

In February 2025, DUG traded between $35.09 and $39.07. ATM implied volatility averaged 48.5%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 7.3% (HV 20d: 41.2%). Max pain ranged from $28.00 to $36.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.94.

Notable Days

  • 2025-02-05: Highest Volume — 165 contracts
  • 2025-02-11: Largest IV spike — 38.9% change
  • 2025-02-26: Highest IV Rank — 46.3%
  • 2025-02-26: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.20$35.09$39.07$39.07$36.75
Max Pain$29.26$28.00$36.00$36.00$28.00
ATM IV48.5%37.9%64.0%53.4%48.4%
Expected Move13.9%11.1%18.4%15.3%13.9%
HV 20d41.2%35.8%44.4%35.8%44.4%
HV 60d37.9%35.2%40.4%39.4%38.7%
IV Rank28.4%16.2%46.3%34.1%28.3%
IV Percentile79.5%46.8%97.6%91.3%81.0%
Term Structure1.2%-12.7%18.6%-6.3%-2.0%
VWIV46.9%36.7%61.0%50.6%61.0%
Skew 25d-1.5%-18.6%19.5%-2.6%7.0%
Skew 10d-1.6%-33.2%32.0%-12.1%-0.9%
Call IV 25d52.3%29.7%74.4%48.3%62.2%
Put IV 25d50.7%37.1%69.2%45.7%69.2%
Bid-Ask Spread %109.5297.26119.03116.78108.45
Gamma HHI0.230.180.330.290.23
Net GEX3.9K-1.0K8.7K3.3K4.7K
Net DEX-810.1K-895.3K-693.7K-840.9K-837.2K
Net VEX-772-1.3K-412-465-473
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.008.711.000.00
Total Volume14.1050165410
Total OI418.474264495264426

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$39.07$36.0053.4%15.3%35.8%34.1%50.6%-2.6%-6.3%3.3K-840.9K-4651.00116.78N/AN/A2223628
2025-02-04$37.45$36.0049.1%14.1%38.4%29.1%47.5%1.7%18.6%4.3K-763.2K-8481.60117.17N/AN/A101623829
2025-02-05$37.20$36.0055.0%15.8%37.8%35.9%36.7%-18.6%-11.0%4.5K-721.3K-1.3K8.71117.76N/AN/A1714824828
2025-02-06$38.57$28.0043.5%13.8%39.7%22.7%0.0%19.5%-4.2%316-828.9K-1.2K0.00113.47N/AN/A00265176
2025-02-07$38.59$28.0037.9%14.5%39.7%16.2%45.6%14.9%-1.6%2.1K-880.5K-7000.00108.44N/AN/A10265176
2025-02-10$36.88$28.0040.4%12.4%42.7%19.1%38.7%0.7%3.8%-1.0K-807.3K-6360.00109.44N/AN/A20266176
2025-02-11$36.41$28.0056.1%11.1%39.4%37.1%0.0%5.3%8.0%1.5K-759.6K-8430.0097.26N/AN/A00268176
2025-02-12$38.19$28.0048.9%14.0%42.6%28.9%0.0%4.6%-11.5%1.4K-895.3K-4360.0099.99N/AN/A00268176
2025-02-13$37.56$28.0047.9%13.7%40.5%27.7%0.0%-0.5%2.0%4.7K-848.1K-8130.00100.36N/AN/A00268176
2025-02-14$37.28$28.0047.2%13.5%40.3%27.0%0.0%-2.4%0.0%5.7K-833.9K-6130.00110.28N/AN/A100268176
2025-02-18$36.09$28.0045.6%13.1%41.6%25.1%0.0%-7.5%8.1%2.9K-723.1K-1.2K0.00112.13N/AN/A410278176
2025-02-19$35.74$28.0050.3%14.4%41.3%30.5%0.0%-5.1%-0.3%8.7K-771.2K-8140.00108.53N/AN/A00319176
2025-02-20$35.09$28.0045.4%13.0%41.2%24.8%0.0%6.9%16.9%3.1K-693.7K-9240.00105.91N/AN/A00319176
2025-02-21$36.46$28.0040.5%11.6%43.5%19.2%42.5%-11.1%7.2%5.5K-827.0K-6370.00117.09N/AN/A10319175
2025-02-24$36.48$28.0042.9%12.3%43.0%22.0%48.6%-9.9%9.9%4.6K-832.6K-4120.00102.30N/AN/A20266152
2025-02-25$37.55$28.0051.0%14.6%43.7%31.3%50.9%-16.4%4.0%6.4K-845.4K-7260.00104.43N/AN/A10268152
2025-02-26$38.01$28.0064.0%18.4%43.7%46.3%0.0%-13.3%-5.5%5.9K-853.6K-8310.00112.09N/AN/A00269152
2025-02-27$37.45$28.0053.7%15.4%43.9%34.4%61.0%-2.5%-12.7%5.6K-829.9K-7460.00119.03N/AN/A50269152
2025-02-28$36.75$28.0048.4%13.9%44.4%28.3%0.0%7.0%-2.0%4.7K-837.2K-4730.00108.45N/AN/A100274152