DUG Options History — April 2025

In April 2025, DUG traded between $33.42 and $49.95. ATM implied volatility averaged 82.4%, placing in the 46.9% IV rank vs the trailing year. The 30-day expected move averaged 21.3%. IV traded below realized volatility by 30.6% (HV 20d: 113.0%). Max pain ranged from $25.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2025-04-17: Highest Volume — 112 contracts
  • 2025-04-03: Largest IV spike — 66.2% change
  • 2025-04-07: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 31.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.09$33.42$49.95$33.56$42.82
Max Pain$34.29$25.00$40.00$38.00$40.00
ATM IV82.4%49.6%167.0%69.2%88.7%
Expected Move21.3%12.0%31.3%14.6%25.4%
HV 20d113.0%36.6%135.6%40.0%135.6%
HV 60d74.8%41.7%86.0%41.8%86.0%
IV Rank46.9%24.4%100.0%52.2%45.3%
IV Percentile94.9%77.8%100.0%98.0%97.6%
Term Structure-12.7%-34.5%8.5%-15.6%-21.4%
VWIV74.8%51.0%111.2%56.2%84.7%
Skew 25d-4.2%-23.1%25.0%4.5%-2.1%
Skew 10d-2.5%-35.5%48.1%18.6%48.1%
Call IV 25d76.7%44.1%100.4%65.8%93.0%
Put IV 25d72.6%41.2%105.6%70.2%90.9%
Bid-Ask Spread %85.4957.95101.2183.4488.02
Gamma HHI0.270.110.500.350.21
Net GEX8.5K62620.1K4.3K6.3K
Net DEX-964.8K-1.4M-492.4K-527.5K-971.8K
Net VEX-1.1K-1.5K-558-961-1.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.002.670.000.00
Total Volume15.095011204
Total OI377.048301437301381

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$33.56$38.0069.2%14.6%40.0%52.2%0.0%4.5%-15.6%4.3K-527.5K-9610.0083.44N/AN/A0024061
2025-04-02$33.42$38.0049.6%12.0%36.6%29.7%0.0%-20.3%-2.5%3.1K-492.4K-1.2K0.0078.67N/AN/A0124061
2025-04-03$38.56$38.0082.5%16.5%65.6%67.5%56.2%0.2%-17.9%626-745.7K-5580.0084.87N/AN/A69024062
2025-04-04$45.05$37.0098.7%20.1%85.1%86.1%61.7%-23.1%-4.4%9.7K-1.1M-1.0K0.1396.12N/AN/A15231862
2025-04-07$46.97$37.00121.3%25.0%85.7%100.0%76.3%-8.2%-18.5%9.7K-1.3M-8280.0079.57N/AN/A11032562
2025-04-08$49.95$25.00167.0%31.3%87.7%100.0%111.2%5.3%-34.5%8.6K-1.4M-9220.0057.95N/AN/A8032464
2025-04-09$40.54$25.0084.6%24.3%117.4%42.5%0.0%-20.0%-17.2%10.0K-916.0K-1.0K0.0090.01N/AN/A16032564
2025-04-10$47.49$25.0093.7%26.9%129.7%48.8%91.8%-6.1%-19.7%11.6K-1.3M-1.2K0.4088.60N/AN/A10433364
2025-04-11$44.16$33.0088.8%25.4%130.8%45.4%0.0%-3.6%-20.8%13.7K-1.2M-1.0K0.0073.53N/AN/A3034164
2025-04-14$43.70$33.0081.5%23.4%129.7%40.3%0.0%-7.4%-15.6%14.8K-1.1M-1.1K1.2582.41N/AN/A4534364
2025-04-15$44.07$33.0071.1%20.4%129.7%33.0%0.0%-4.3%-10.7%20.0K-1.1M-8410.0069.56N/AN/A0134767
2025-04-16$43.64$33.0081.1%23.3%128.4%40.0%0.0%-6.0%-25.4%20.1K-1.1M-7910.0088.76N/AN/A15034678
2025-04-17$41.14$33.0074.3%21.3%130.8%35.2%73.3%-21.6%-0.9%2.2K-890.2K-8670.0087.20N/AN/A112035978
2025-04-21$44.05$33.0080.3%23.0%132.5%39.5%83.2%-5.0%-17.1%5.6K-998.7K-1.2K0.0672.10N/AN/A16130151
2025-04-22$41.39$33.0058.8%16.9%134.4%24.4%66.3%2.6%8.5%7.3K-897.7K-1.5K0.6787.97N/AN/A3231452
2025-04-23$41.81$33.0064.5%18.5%134.3%28.4%51.0%15.2%2.7%7.4K-905.6K-1.4K1.00100.89N/AN/A1131754
2025-04-24$40.43$33.0067.8%19.4%134.9%30.8%68.3%-19.8%-4.8%6.8K-861.9K-1.3K2.6794.03N/AN/A3831855
2025-04-25$40.72$40.0067.4%19.3%134.8%30.5%0.0%25.0%-7.0%5.4K-885.5K-1.3K0.00100.73N/AN/A0031962
2025-04-28$40.00$40.0071.7%20.6%135.2%33.4%0.0%4.9%-15.2%6.2K-841.6K-1.4K0.00101.21N/AN/A0031962
2025-04-29$40.32$40.0068.0%19.5%134.5%30.9%74.1%2.4%-8.6%5.7K-865.9K-1.3K0.0089.65N/AN/A2031962
2025-04-30$42.82$40.0088.7%25.4%135.6%45.3%84.7%-2.1%-21.4%6.3K-971.8K-1.3K0.0088.02N/AN/A4031962