DUG Options History — August 2025

In August 2025, DUG traded between $33.44 and $38.05. ATM implied volatility averaged 33.0%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 4.0% (HV 20d: 29.0%). Max pain ranged from $34.00 to $39.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.17.

Notable Days

  • 2025-08-12: Highest Volume — 100 contracts
  • 2025-08-25: Largest IV spike — 74.8% change
  • 2025-08-11: Highest IV Rank — 17.6%
  • 2025-08-01: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.43$33.44$38.05$36.92$33.44
Max Pain$36.07$34.00$39.00$35.00$36.00
ATM IV33.0%17.8%45.6%43.7%31.9%
Expected Move9.2%5.1%12.5%12.5%9.1%
HV 20d29.0%23.8%39.0%39.0%23.8%
HV 60d34.9%32.7%38.1%38.1%32.7%
IV Rank9.4%0.0%17.6%16.3%9.4%
IV Percentile17.8%0.0%55.2%46.8%14.3%
Term Structure-0.9%-9.6%12.8%-9.6%-0.4%
VWIV30.8%20.2%44.6%44.6%27.5%
Skew 25d-3.1%-18.4%12.3%-1.0%3.1%
Skew 10d-5.4%-21.9%12.3%-3.6%-2.8%
Call IV 25d29.7%17.9%40.7%27.2%26.3%
Put IV 25d26.6%18.3%36.2%26.2%29.4%
Bid-Ask Spread %88.5668.25106.6995.3795.14
Gamma HHI0.210.120.340.140.12
Net GEX12.0K6.6K20.9K7.7K6.6K
Net DEX-187.5K-380.2K-27.7K-177.3K-27.7K
Net VEX-1.2K-1.7K-643-1.3K-643
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.000.500.000.00
Total Volume7.429010027
Total OI325.762287398287339

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$36.92$35.0043.7%12.5%39.0%16.3%44.6%-1.0%-9.6%7.7K-177.3K-1.3K0.0095.37N/AN/A2021572
2025-08-04$37.11$0.0033.3%9.3%37.5%9.3%0.0%-4.5%-1.0%8.4K-191.0K-1.4K0.0068.25N/AN/A0021772
2025-08-05$37.02$0.0039.8%9.4%30.3%13.7%0.0%-2.3%1.1%8.3K-177.3K-1.2K0.2995.62N/AN/A7221772
2025-08-06$37.77$0.0041.9%9.7%30.8%15.1%0.0%-1.7%-2.9%9.0K-199.1K-1.1K0.0094.25N/AN/A0321974
2025-08-07$37.63$0.0033.0%10.7%30.3%9.1%0.0%0.7%-4.4%7.9K-194.7K-1.2K0.0090.64N/AN/A1021977
2025-08-08$37.67$0.0030.2%9.4%29.4%7.2%0.0%12.3%-1.3%10.4K-226.3K-1.3K0.0082.98N/AN/A0022177
2025-08-11$38.05$0.0045.6%9.7%28.0%17.6%0.0%-0.5%-3.7%8.3K-221.5K-1.1K0.0090.45N/AN/A0022177
2025-08-12$37.59$39.0030.9%9.8%27.7%7.7%20.2%-4.1%-1.6%20.9K-380.2K-1.7K0.0082.89N/AN/A100032177
2025-08-13$37.08$39.0031.3%9.0%27.9%7.9%30.2%-8.5%0.6%17.0K-286.6K-1.4K0.2083.99N/AN/A5129177
2025-08-14$37.09$34.0035.1%10.1%27.7%10.5%35.8%-10.5%-1.6%16.8K-303.0K-1.4K0.2577.85N/AN/A4129478
2025-08-15$37.02$34.0035.6%10.2%27.0%10.8%34.2%-9.4%-5.1%15.4K-279.2K-1.2K0.5079.08N/AN/A6329378
2025-08-18$37.52$36.0034.0%9.7%26.4%9.7%0.0%-4.3%2.9%16.8K-250.0K-1.5K0.0070.32N/AN/A0027154
2025-08-19$37.62$36.0032.5%9.3%25.7%8.7%0.0%-18.4%-0.4%17.7K-257.5K-1.5K0.0093.14N/AN/A0027154
2025-08-20$36.59$36.0033.1%9.5%26.1%9.2%0.0%-3.8%-0.2%16.1K-209.6K-1.4K0.0087.34N/AN/A0027154
2025-08-21$36.45$36.0024.6%7.0%25.5%3.3%0.0%-0.8%-0.6%15.8K-181.2K-1.2K0.00106.69N/AN/A0027154
2025-08-22$34.88$36.0017.8%5.1%30.1%0.0%28.5%0.4%12.8%11.4K-83.4K-8790.00104.39N/AN/A0127154
2025-08-25$34.83$36.0031.2%8.9%29.6%8.9%25.7%-4.4%-4.0%11.3K-79.2K-8230.0079.54N/AN/A0327154
2025-08-26$34.97$36.0032.1%9.2%29.0%9.6%0.0%-7.0%-1.3%11.9K-114.2K-1.1K0.0091.65N/AN/A0027157
2025-08-27$33.98$36.0024.3%7.0%28.5%4.3%30.6%-6.0%0.6%6.8K-47.4K-8100.2990.18N/AN/A7227157
2025-08-28$33.70$36.0031.1%8.9%28.5%8.9%27.5%5.9%0.4%6.9K-51.9K-8720.0099.94N/AN/A0127859
2025-08-29$33.44$36.0031.9%9.1%23.8%9.4%0.0%3.1%-0.4%6.6K-27.7K-6430.0095.14N/AN/A7027861