DUG Options History — June 2025

In June 2025, DUG traded between $34.95 and $40.95. ATM implied volatility averaged 33.3%, placing in the 7.9% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 4.8% (HV 20d: 38.1%). Max pain ranged from $25.00 to $37.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 1.85.

Notable Days

2025-06-23: Highest Volume — 43 contracts
2025-06-13: Largest IV spike — 91.9% change
2025-06-17: Highest IV Rank — 21.9%
2025-06-17: Largest Expected Move — 15.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.66	$34.95	$40.95	$40.53	$37.49
Max Pain	$29.00	$25.00	$37.00	$37.00	$36.00
ATM IV	33.3%	21.5%	53.4%	32.6%	28.4%
Expected Move	10.1%	6.5%	15.3%	9.4%	8.1%
HV 20d	38.1%	32.6%	41.9%	39.7%	38.0%
HV 60d	84.1%	83.5%	84.9%	84.4%	84.0%
IV Rank	7.9%	0.0%	21.9%	5.8%	4.7%
IV Percentile	19.8%	0.0%	75.4%	6.7%	3.6%
Term Structure	-0.3%	-18.8%	13.0%	-2.9%	0.6%
VWIV	37.0%	19.6%	45.2%	45.2%	35.5%
Skew 25d	-4.3%	-19.3%	4.5%	-3.9%	-15.6%
Skew 10d	-4.2%	-9.2%	-0.3%	-5.1%	-0.3%
Call IV 25d	29.3%	22.1%	41.1%	26.6%	37.6%
Put IV 25d	25.0%	21.0%	33.2%	22.7%	22.0%
Bid-Ask Spread %	101.93	92.66	110.05	106.40	102.03
Gamma HHI	0.17	0.11	0.53	0.16	0.16
Net GEX	6.5K	-13.1K	12.9K	12.6K	11.6K
Net DEX	-606.7K	-966.5K	-121.3K	-966.5K	-175.9K
Net VEX	-1.0K	-1.3K	-753	-1.2K	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.85	0.00	10.50	1.00	0.00
Total Volume	6.5	0	43	2	2
Total OI	444.95	283	505	460	317

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
2025-06-02	$40.53	$37.00	32.6%	9.4%	39.7%	5.8%	0.0%	-3.9%	-2.9%	12.6K	-966.5K	-1.2K	1.00	106.40	N/A	N/A	1	1	381	79
2025-06-03	$39.27	$37.00	22.5%	6.5%	39.0%	0.0%	0.0%	-0.2%	13.0%	10.9K	-874.2K	-1.1K	8.00	110.02	N/A	N/A	1	8	380	80
2025-06-04	$40.88	$37.00	23.4%	6.7%	41.9%	0.6%	45.2%	-1.6%	12.2%	12.9K	-964.7K	-1.2K	10.50	110.05	N/A	N/A	2	21	381	87
2025-06-05	$40.95	$25.00	31.3%	10.2%	41.7%	6.1%	0.0%	-0.8%	-1.6%	10.7K	-914.6K	-1.3K	0.00	97.82	N/A	N/A	0	0	382	108
2025-06-06	$39.55	$25.00	21.5%	10.4%	41.2%	0.0%	0.0%	-10.4%	0.2%	9.7K	-799.2K	-1.2K	0.00	92.66	N/A	N/A	0	0	382	108
2025-06-09	$39.16	$25.00	22.5%	10.1%	41.3%	0.7%	0.0%	-3.3%	-0.3%	8.0K	-763.3K	-1.1K	0.00	99.84	N/A	N/A	0	1	382	108
2025-06-10	$38.10	$25.00	31.5%	10.6%	38.2%	6.9%	0.0%	-19.3%	-4.6%	7.0K	-688.8K	-974	0.00	94.00	N/A	N/A	0	0	382	108
2025-06-11	$37.09	$25.00	36.6%	10.5%	36.2%	10.4%	28.1%	-10.0%	-1.7%	5.0K	-628.9K	-963	0.00	98.12	N/A	N/A	3	0	382	108
2025-06-12	$36.87	$25.00	23.1%	6.6%	35.0%	1.1%	0.0%	-7.3%	9.1%	5.7K	-604.9K	-919	0.00	105.37	N/A	N/A	0	0	385	108
2025-06-13	$35.73	$25.00	44.3%	12.7%	36.6%	15.6%	43.4%	-12.6%	-8.9%	2.1K	-551.9K	-893	0.18	103.11	N/A	N/A	11	2	385	108
2025-06-16	$35.97	$25.00	41.6%	11.9%	36.8%	13.8%	42.6%	3.9%	-7.3%	3.2K	-577.4K	-843	0.00	99.43	N/A	N/A	10	0	394	111
2025-06-17	$35.14	$25.00	53.4%	15.3%	35.5%	21.9%	0.0%	-1.0%	-18.8%	887	-539.4K	-834	0.00	100.55	N/A	N/A	0	0	391	110
2025-06-18	$35.45	$25.00	46.9%	13.5%	35.1%	17.5%	0.0%	-2.4%	0.0%	-895	-575.6K	-837	0.00	102.59	N/A	N/A	2	0	391	104
2025-06-20	$34.95	$25.00	44.4%	12.7%	32.6%	15.7%	44.2%	4.5%	-7.2%	-13.1K	-528.4K	-753	0.50	100.29	N/A	N/A	4	2	391	104
2025-06-23	$36.75	$25.00	45.4%	13.0%	38.2%	16.4%	41.8%	-2.7%	-11.9%	4.7K	-710.8K	-862	0.05	100.32	N/A	N/A	41	2	361	64
2025-06-24	$37.55	$25.00	30.4%	8.7%	39.3%	6.1%	37.7%	-1.6%	10.1%	8.9K	-809.2K	-894	0.00	105.46	N/A	N/A	6	0	395	68
2025-06-25	$37.59	$36.00	29.5%	8.5%	39.1%	5.5%	0.0%	-0.3%	11.4%	9.8K	-150.1K	-953	0.00	103.55	N/A	N/A	0	0	215	68
2025-06-26	$36.86	$36.00	28.8%	8.3%	38.1%	5.0%	19.6%	-0.4%	0.7%	9.2K	-121.3K	-935	0.00	103.49	N/A	N/A	0	1	215	68
2025-06-27	$37.31	$36.00	28.6%	8.2%	38.6%	4.9%	32.3%	-0.3%	1.3%	11.2K	-188.8K	-1.2K	2.00	103.45	N/A	N/A	3	6	239	69
2025-06-30	$37.49	$36.00	28.4%	8.1%	38.0%	4.7%	35.5%	-15.6%	0.6%	11.6K	-175.9K	-1.1K	0.00	102.03	N/A	N/A	2	0	242	75