DUG Options History — April 2026

In April 2026, DUG traded between $18.00 and $18.04. ATM implied volatility averaged 66.4%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 25.7% (HV 20d: 40.7%). Max pain ranged from $17.00 to $20.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 0 of 2 days. Put/call ratio averaged 0.19.

Notable Days

  • 2026-04-01: Highest Volume — 454 contracts
  • 2026-04-02: Largest IV spike — 31.4% change
  • 2026-04-02: Highest IV Rank — 38.6%
  • 2026-04-02: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.02$18.00$18.04$18.04$18.00
Max Pain$18.50$17.00$20.00$20.00$17.00
ATM IV66.4%57.4%75.4%57.4%75.4%
Expected Move19.0%16.5%21.6%16.5%21.6%
HV 20d40.7%40.7%40.8%40.7%40.8%
HV 60d41.3%40.5%42.0%42.0%40.5%
IV Rank32.6%26.5%38.6%26.5%38.6%
IV Percentile83.1%75.4%90.9%75.4%90.9%
Term Structure-6.1%-10.2%-2.0%-2.0%-10.2%
VWIV55.2%50.9%59.5%50.9%59.5%
Skew 25d-4.2%-12.0%3.6%-12.0%3.6%
Skew 10d2.9%-12.2%17.9%17.9%-12.2%
Call IV 25d64.8%63.0%66.6%63.0%66.6%
Put IV 25d60.6%51.0%70.2%51.0%70.2%
Bid-Ask Spread %51.4931.5971.3931.5971.39
Gamma HHI0.490.400.580.580.40
Net GEX54.9K53.9K55.8K53.9K55.8K
Net DEX-771.9K-1.0M-517.5K-517.5K-1.0M
Net VEX-3.3K-3.5K-3.0K-3.0K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.080.290.290.08
Total Volume297140454454140
Total OI2,224.52,0642,3852,0642,385

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$18.04$20.0057.4%16.5%40.7%26.5%50.9%-12.0%-2.0%53.9K-517.5K-3.0K0.2931.59N/AN/A3511031,898166
2026-04-02$18.00$17.0075.4%21.6%40.8%38.6%59.5%3.6%-10.2%55.8K-1.0M-3.5K0.0871.39N/AN/A130102,164221