UCYB Options History — July 2025

In July 2025, UCYB traded between $57.02 and $65.50. ATM implied volatility averaged 31.2%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded below realized volatility by 95.4% (HV 20d: 126.6%). Max pain ranged from $59.00 to $63.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.40.

Notable Days

2025-07-11: Highest Volume — 4 contracts
2025-07-03: Largest IV spike — 49.4% change
2025-07-29: Highest IV Rank — 12.8%
2025-07-29: Largest Expected Move — 12.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.82	$57.02	$65.50	$60.17	$57.20
Max Pain	$59.56	$59.00	$63.00	$60.00	$59.00
ATM IV	31.2%	23.8%	43.7%	30.6%	31.5%
Expected Move	8.9%	6.8%	12.5%	8.8%	9.0%
HV 20d	126.6%	77.5%	190.4%	190.4%	77.5%
HV 60d	146.5%	143.7%	151.6%	151.6%	147.1%
IV Rank	5.5%	1.2%	12.8%	5.2%	5.7%
IV Percentile	29.9%	2.4%	68.7%	29.0%	32.1%
Term Structure	-0.2%	-55.1%	16.4%	3.5%	-11.4%
VWIV	22.7%	19.5%	26.9%	23.4%	21.2%
Skew 25d	8.1%	-4.6%	20.2%	1.9%	3.7%
Skew 10d	9.0%	-2.7%	38.4%	6.1%	12.5%
Call IV 25d	25.0%	17.5%	37.0%	26.5%	25.9%
Put IV 25d	33.1%	26.9%	45.5%	28.4%	29.7%
Bid-Ask Spread %	117.29	105.16	128.33	114.19	124.62
Gamma HHI	0.27	0.16	0.51	0.36	0.17
Net GEX	1.0K	-392	2.3K	-182	1.6K
Net DEX	-26.1K	-48.2K	-7.6K	-7.6K	-26.8K
Net VEX	-121	-188	-27	-43	-163
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.40	0.00	2.00	2.00	0.00
Total Volume	0.909	0	4	0	2
Total OI	14.318	6	19	6	19

Daily Data (22 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
2025-07-01	$60.17	$60.00	30.6%	8.8%	190.4%	5.2%	0.0%	1.9%	3.5%	-182	-7.6K	-43	0.00	114.19	N/A	N/A	0	0	3	3
2025-07-02	$62.00	$60.00	24.7%	7.1%	189.5%	1.7%	0.0%	2.0%	4.9%	-392	-10.4K	-27	0.00	114.42	N/A	N/A	0	0	3	3
2025-07-03	$61.49	$0.00	36.9%	10.0%	168.8%	8.8%	0.0%	10.6%	-0.7%	-81	-9.6K	-42	0.00	105.16	N/A	N/A	0	0	3	3
2025-07-07	$62.13	$0.00	35.3%	9.9%	168.8%	7.9%	0.0%	10.7%	-0.3%	-126	-9.9K	-39	2.00	107.78	N/A	N/A	1	2	3	3
2025-07-08	$59.95	$0.00	32.6%	8.9%	156.8%	6.3%	0.0%	13.9%	3.7%	-213	-10.1K	-82	0.00	107.52	N/A	N/A	0	0	4	5
2025-07-09	$65.50	$0.00	24.4%	7.0%	159.8%	1.6%	23.4%	10.9%	5.0%	-148	-16.2K	-53	0.00	109.26	N/A	N/A	3	0	4	5
2025-07-10	$62.05	$63.00	27.9%	8.0%	143.8%	3.6%	0.0%	8.0%	1.0%	824	-18.0K	-87	0.00	111.88	N/A	N/A	0	1	7	5
2025-07-11	$60.35	$63.00	24.3%	7.0%	141.9%	1.5%	19.5%	5.9%	10.8%	574	-13.0K	-82	0.00	117.82	N/A	N/A	4	0	7	5
2025-07-14	$62.89	$59.00	32.8%	9.4%	137.8%	6.4%	0.0%	15.8%	7.0%	977	-33.9K	-94	0.00	116.87	N/A	N/A	0	0	11	5
2025-07-15	$62.49	$59.00	36.1%	10.4%	133.9%	8.4%	0.0%	17.9%	16.4%	803	-33.0K	-125	0.00	117.58	N/A	N/A	0	2	11	5
2025-07-16	$63.05	$59.00	38.4%	11.0%	117.2%	9.7%	0.0%	20.2%	11.8%	911	-32.7K	-119	0.00	119.25	N/A	N/A	2	0	11	5
2025-07-17	$61.24	$59.00	23.8%	6.8%	117.4%	1.2%	0.0%	12.0%	8.3%	1.8K	-30.2K	-163	0.00	116.84	N/A	N/A	0	0	13	5
2025-07-18	$57.88	$59.00	26.4%	7.6%	118.5%	2.7%	0.0%	7.0%	4.0%	1.8K	-24.6K	-175	0.00	117.17	N/A	N/A	0	0	13	5
2025-07-21	$64.59	$59.00	38.4%	11.0%	124.1%	9.7%	0.0%	15.7%	10.9%	1.2K	-48.2K	-130	0.00	114.47	N/A	N/A	0	0	13	4
2025-07-22	$58.64	$59.00	32.0%	9.2%	128.1%	6.0%	0.0%	1.2%	-4.2%	1.7K	-33.4K	-188	0.00	121.28	N/A	N/A	0	0	14	4
2025-07-23	$61.41	$59.00	29.8%	8.5%	101.0%	4.7%	0.0%	10.6%	3.1%	2.1K	-38.3K	-169	0.00	121.88	N/A	N/A	0	0	14	4
2025-07-24	$61.50	$59.00	27.7%	7.9%	82.8%	3.5%	0.0%	8.7%	0.1%	2.3K	-38.7K	-166	0.00	123.81	N/A	N/A	0	0	14	4
2025-07-25	$60.08	$59.00	24.6%	7.0%	83.3%	1.7%	26.9%	5.0%	6.7%	2.1K	-37.9K	-185	0.00	125.40	N/A	N/A	3	0	14	4
2025-07-28	$57.92	$59.00	36.2%	10.4%	84.0%	8.4%	0.0%	-4.6%	-33.8%	1.6K	-34.9K	-180	0.00	121.89	N/A	N/A	0	0	15	4
2025-07-29	$57.02	$59.00	43.7%	12.5%	81.2%	12.8%	0.0%	-1.1%	-55.1%	1.5K	-37.3K	-174	0.00	122.98	N/A	N/A	0	0	15	4
2025-07-30	$58.50	$59.00	27.5%	7.9%	78.1%	3.4%	0.0%	1.5%	3.7%	1.9K	-29.8K	-177	0.00	128.33	N/A	N/A	0	0	15	4
2025-07-31	$57.20	$59.00	31.5%	9.0%	77.5%	5.7%	21.2%	3.7%	-11.4%	1.6K	-26.8K	-163	0.00	124.62	N/A	N/A	0	2	15	4