UCYB Options History — March 2024

In March 2024, UCYB traded between $40.98 and $44.30. ATM implied volatility averaged 43.3%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded below realized volatility by 5.9% (HV 20d: 49.2%). Max pain ranged from $42.00 to $45.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.67.

Notable Days

2024-03-04: Highest Volume — 2 contracts
2024-03-13: Largest IV drop — 21.0% change
2024-03-11: Highest IV Rank — 27.7%
2024-03-05: Largest Expected Move — 13.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.56	$40.98	$44.30	$44.22	$41.67
Max Pain	$42.25	$42.00	$45.00	$45.00	$42.00
ATM IV	43.3%	38.6%	53.6%	40.6%	39.0%
Expected Move	12.0%	11.1%	13.0%	11.6%	11.2%
HV 20d	49.2%	31.5%	60.9%	57.5%	31.5%
HV 60d	44.0%	42.3%	44.6%	42.3%	42.8%
IV Rank	16.9%	12.1%	27.7%	14.1%	12.4%
IV Percentile	70.5%	47.2%	92.7%	64.6%	49.1%
Term Structure	0.2%	-2.5%	3.6%	1.4%	-1.1%
VWIV	39.8%	32.7%	45.3%	36.5%	32.7%
Skew 25d	9.0%	-4.2%	19.2%	17.2%	-4.2%
Skew 10d	11.1%	1.9%	26.6%	10.8%	2.0%
Call IV 25d	32.1%	24.4%	40.6%	36.6%	33.9%
Put IV 25d	41.1%	29.2%	53.8%	53.8%	29.7%
Bid-Ask Spread %	108.66	101.32	123.94	123.94	113.36
Gamma HHI	0.32	0.21	0.62	0.36	0.38
Net GEX	-588	-904	-313	-313	-726
Net DEX	7.8K	1.4K	13.4K	1.6K	8.3K
Net VEX	-29	-37	-12	-13	-30
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.00	1.00	1.00	1.00
Total Volume	0.45	0	2	0	1
Total OI	7.65	3	9	3	9

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
2024-03-01	$44.22	$45.00	40.6%	11.6%	57.5%	14.1%	0.0%	17.2%	1.4%	-313	1.6K	-13	0.00	123.94	N/A	N/A	0	0	1	2
2024-03-04	$44.30	$44.00	44.2%	12.0%	57.5%	17.9%	36.5%	6.3%	0.2%	-324	1.4K	-12	1.00	105.69	N/A	N/A	1	1	1	2
2024-03-05	$41.98	$42.00	48.6%	13.0%	60.3%	22.5%	0.0%	11.7%	-2.5%	-389	7.8K	-23	0.00	106.33	N/A	N/A	0	0	2	4
2024-03-06	$43.09	$42.00	42.6%	12.2%	60.9%	16.2%	43.5%	19.2%	-1.2%	-373	5.2K	-24	0.00	102.34	N/A	N/A	0	2	2	4
2024-03-07	$44.22	$42.00	43.8%	12.4%	60.1%	17.5%	0.0%	12.6%	-1.5%	-658	7.2K	-35	0.00	104.12	N/A	N/A	0	0	2	6
2024-03-08	$43.44	$42.00	47.2%	12.5%	60.0%	21.0%	0.0%	12.5%	0.1%	-653	8.4K	-34	0.00	101.32	N/A	N/A	0	0	2	6
2024-03-11	$43.48	$42.00	53.6%	12.9%	57.1%	27.7%	0.0%	9.3%	0.2%	-702	8.7K	-31	0.00	107.40	N/A	N/A	0	0	2	6
2024-03-12	$44.04	$42.00	52.9%	11.6%	57.3%	27.0%	0.0%	14.4%	-1.6%	-796	7.6K	-30	0.00	103.44	N/A	N/A	0	0	2	6
2024-03-13	$44.04	$42.00	41.8%	12.0%	55.2%	15.3%	41.2%	3.7%	-0.3%	-904	7.4K	-29	0.00	103.08	N/A	N/A	1	0	2	6
2024-03-14	$42.63	$42.00	40.5%	11.6%	54.8%	14.0%	0.0%	16.9%	2.0%	-824	11.0K	-30	0.00	105.86	N/A	N/A	0	0	3	6
2024-03-15	$41.58	$42.00	44.5%	12.8%	55.3%	18.2%	0.0%	7.0%	-1.0%	-689	13.4K	-28	0.00	111.76	N/A	N/A	0	0	3	6
2024-03-18	$41.52	$42.00	40.9%	11.7%	55.0%	14.4%	45.3%	2.4%	2.3%	-369	7.1K	-25	1.00	105.63	N/A	N/A	1	1	2	4
2024-03-19	$40.98	$42.00	40.2%	11.5%	54.4%	13.7%	32.7%	12.8%	3.6%	-490	9.4K	-30	0.00	106.69	N/A	N/A	0	1	3	5
2024-03-20	$41.94	$42.00	41.3%	11.8%	38.7%	14.9%	0.0%	2.7%	-0.3%	-520	8.3K	-37	0.00	110.46	N/A	N/A	0	0	3	6
2024-03-21	$42.32	$42.00	40.6%	11.6%	34.4%	14.1%	0.0%	0.8%	1.3%	-511	6.4K	-37	0.00	114.27	N/A	N/A	0	0	3	6
2024-03-22	$41.73	$42.00	38.6%	11.1%	34.3%	12.1%	0.0%	17.2%	1.1%	-605	9.4K	-34	0.00	109.30	N/A	N/A	0	0	3	6
2024-03-25	$41.41	$42.00	43.5%	12.5%	33.1%	17.1%	0.0%	-3.3%	-0.2%	-564	9.0K	-33	0.00	114.23	N/A	N/A	0	0	3	6
2024-03-26	$41.48	$42.00	41.0%	11.7%	33.0%	14.5%	0.0%	2.5%	1.0%	-640	8.9K	-32	0.00	110.61	N/A	N/A	0	0	3	6
2024-03-27	$41.17	$42.00	40.4%	11.6%	33.0%	13.8%	0.0%	19.1%	0.9%	-700	10.4K	-31	0.00	113.37	N/A	N/A	0	0	3	6
2024-03-28	$41.67	$42.00	39.0%	11.2%	31.5%	12.4%	0.0%	-4.2%	-1.1%	-726	8.3K	-30	0.00	113.36	N/A	N/A	0	1	3	6