UCYB Options History — February 2025

In February 2025, UCYB traded between $50.73 and $60.48. ATM implied volatility averaged 34.4%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded below realized volatility by 6.1% (HV 20d: 40.5%). Max pain ranged from $51.00 to $51.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.00.

Notable Days

2025-02-25: Highest Volume — 2 contracts
2025-02-28: Largest IV spike — 32.2% change
2025-02-28: Highest IV Rank — 74.8%
2025-02-28: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.71	$50.73	$60.48	$53.11	$50.73
Max Pain	$51.00	$51.00	$51.00	$51.00	$51.00
ATM IV	34.4%	24.3%	54.1%	30.6%	54.1%
Expected Move	9.6%	7.0%	15.5%	8.8%	15.5%
HV 20d	40.5%	37.7%	48.4%	37.7%	42.5%
HV 60d	43.7%	40.8%	45.6%	45.6%	44.6%
IV Rank	29.4%	6.0%	74.8%	20.4%	74.8%
IV Percentile	41.9%	4.0%	97.2%	26.6%	97.2%
Term Structure	-3.5%	-14.3%	2.8%	-5.8%	-14.3%
VWIV	53.0%	53.0%	53.0%	53.0%	53.0%
Skew 25d	3.6%	-0.9%	6.2%	6.2%	1.0%
Skew 10d	6.4%	-1.3%	13.1%	10.8%	6.8%
Call IV 25d	31.6%	21.6%	71.8%	25.7%	71.8%
Put IV 25d	35.2%	25.2%	72.7%	31.9%	72.7%
Bid-Ask Spread %	142.17	124.28	172.13	172.13	142.66
Gamma HHI	0.85	0.34	1.00	1.00	0.48
Net GEX	182	5	743	139	743
Net DEX	-28.6K	-31.6K	-25.3K	-25.8K	-29.2K
Net VEX	-14	-46	0	-8	-41
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.158	0	2	0	0
Total OI	5.632	5	8	5	8

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2025-02-03	$53.11	$0.00	30.6%	8.8%	37.7%	20.4%	0.0%	6.2%	-5.8%	139	-25.8K	-8	172.13	N/A	N/A	0	5
2025-02-04	$54.48	$0.00	29.0%	8.3%	38.3%	16.9%	0.0%	4.4%	-3.5%	82	-26.9K	-4	165.39	N/A	N/A	0	5
2025-02-05	$56.23	$0.00	29.5%	8.5%	39.4%	18.1%	0.0%	3.8%	-4.3%	51	-27.9K	-3	170.76	N/A	N/A	0	5
2025-02-06	$55.45	$0.00	30.1%	7.1%	38.0%	19.4%	0.0%	2.6%	-2.3%	55	-27.5K	-3	148.94	N/A	N/A	0	5
2025-02-07	$56.38	$0.00	28.1%	7.1%	38.2%	14.7%	0.0%	-0.9%	-2.1%	46	-28.0K	-2	144.69	N/A	N/A	0	5
2025-02-10	$58.48	$0.00	32.1%	7.7%	38.3%	23.9%	0.0%	-0.2%	-4.4%	19	-29.2K	-1	140.99	N/A	N/A	0	5
2025-02-11	$58.02	$0.00	30.3%	7.2%	38.1%	19.9%	0.0%	3.7%	-1.1%	21	-28.9K	-1	146.20	N/A	N/A	0	5
2025-02-12	$57.78	$0.00	25.9%	7.4%	38.5%	9.5%	0.0%	5.4%	-1.1%	22	-28.8K	-1	146.05	N/A	N/A	0	5
2025-02-13	$59.77	$0.00	24.3%	7.0%	38.1%	6.0%	0.0%	5.9%	-1.4%	6	-29.9K	0	138.13	N/A	N/A	0	5
2025-02-14	$59.96	$0.00	24.3%	7.0%	38.2%	6.0%	0.0%	5.2%	-0.9%	5	-30.0K	0	147.02	N/A	N/A	0	5
2025-02-18	$60.48	$0.00	26.7%	7.7%	38.0%	11.5%	0.0%	3.5%	-0.3%	16	-30.2K	-1	138.25	N/A	N/A	0	5
2025-02-19	$59.25	$0.00	34.3%	9.8%	38.7%	29.1%	0.0%	3.8%	2.8%	76	-29.1K	-4	124.95	N/A	N/A	0	5
2025-02-20	$57.44	$0.00	41.2%	11.8%	39.6%	45.0%	0.0%	3.8%	-5.3%	126	-27.8K	-8	124.28	N/A	N/A	1	5
2025-02-21	$53.30	$0.00	35.7%	10.2%	48.1%	32.2%	0.0%	1.5%	2.3%	254	-28.8K	-26	130.80	N/A	N/A	0	6
2025-02-24	$52.45	$0.00	40.2%	11.5%	48.4%	42.7%	0.0%	6.0%	-0.1%	328	-27.2K	-31	130.56	N/A	N/A	0	6
2025-02-25	$51.30	$0.00	50.3%	14.4%	46.3%	65.9%	53.0%	5.4%	-13.4%	375	-25.3K	-37	129.58	N/A	N/A	2	6
2025-02-26	$52.47	$51.00	46.7%	13.4%	42.7%	57.7%	0.0%	5.6%	-8.5%	542	-31.6K	-46	128.37	N/A	N/A	0	8
2025-02-27	$51.44	$51.00	40.9%	11.7%	43.1%	44.4%	0.0%	2.5%	-2.3%	555	-30.4K	-46	131.42	N/A	N/A	0	8
2025-02-28	$50.73	$51.00	54.1%	15.5%	42.5%	74.8%	0.0%	1.0%	-14.3%	743	-29.2K	-41	142.66	N/A	N/A	0	8