UCYB Options History — January 2026

In January 2026, UCYB traded between $48.92 and $55.61. ATM implied volatility averaged 42.3%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 3.1% (HV 20d: 39.2%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days.

Notable Days

  • 2026-01-14: Largest IV drop — 46.7% change
  • 2026-01-13: Highest IV Rank — 25.8%
  • 2026-01-29: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.56$48.92$55.61$51.13$49.30
Max Pain$52.00$52.00$52.00$52.00$52.00
ATM IV42.3%32.2%67.0%41.6%45.7%
Expected Move10.5%8.6%13.2%11.9%13.1%
HV 20d39.2%32.0%50.6%32.0%50.2%
HV 60d36.4%34.7%40.1%35.2%40.1%
IV Rank11.4%5.5%25.8%11.0%13.4%
IV Percentile57.9%29.0%93.3%61.9%70.2%
Term Structure-3.2%-15.0%1.6%-15.0%-8.8%
Skew 25d3.5%0.5%7.7%0.5%7.7%
Skew 10d2.4%-3.7%4.8%1.9%0.5%
Call IV 25d36.4%29.7%47.1%43.0%46.1%
Put IV 25d39.9%33.0%53.8%43.5%53.8%
Bid-Ask Spread %140.27127.54150.26127.54145.01
Gamma HHI0.570.180.810.180.80
Net GEX3.4K61517.1K6441.8K
Net DEX-22.7K-53.4K10.4K10.4K-5.6K
Net VEX-236-371-61-67-159
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI35.0516461635

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$51.13$52.0041.6%11.9%32.0%11.0%0.0%0.5%-15.0%64410.4K-670.00127.54N/AN/A00115
2026-01-05$53.05$0.0041.0%9.4%33.9%10.6%0.0%4.5%0.8%6866.9K-610.00135.75N/AN/A00115
2026-01-06$53.30$0.0041.9%9.5%33.9%11.1%0.0%4.4%0.5%9414.9K-640.00138.55N/AN/A00115
2026-01-07$55.61$0.0039.6%9.0%37.6%9.8%0.0%4.1%0.1%615-2.4K-730.00135.10N/AN/A00115
2026-01-08$53.83$0.0043.8%9.7%38.6%12.3%0.0%4.3%0.8%4.5K-38.3K-3360.00134.06N/AN/A00415
2026-01-09$55.08$0.0045.2%8.6%39.1%13.1%0.0%2.2%1.4%4.5K-53.4K-3710.00139.14N/AN/A00415
2026-01-12$54.23$0.0061.8%9.4%39.1%22.8%0.0%3.0%1.6%4.2K-46.5K-3420.00140.46N/AN/A00415
2026-01-13$54.08$0.0067.0%9.8%38.0%25.8%0.0%2.5%-0.9%4.3K-43.0K-3370.00143.92N/AN/A00415
2026-01-14$53.14$0.0035.7%10.2%34.6%7.5%0.0%0.8%-5.4%3.8K-37.7K-3140.00135.39N/AN/A00415
2026-01-15$53.15$0.0034.1%9.8%34.6%6.6%0.0%1.5%-4.6%4.2K-34.5K-3110.00138.08N/AN/A00415
2026-01-16$53.95$0.0032.2%9.2%34.8%5.5%0.0%1.9%0.9%17.1K-47.0K-3230.00142.75N/AN/A00415
2026-01-20$50.39$0.0042.7%12.2%41.1%11.6%0.0%2.1%-10.6%2.3K-20.7K-2460.00131.84N/AN/A00323
2026-01-21$49.87$0.0038.1%10.9%39.9%8.9%0.0%3.4%-0.9%2.1K-17.7K-2400.00136.49N/AN/A00323
2026-01-22$50.94$0.0036.3%10.4%41.1%7.8%0.0%4.5%-0.7%2.4K-20.5K-2400.00145.43N/AN/A00323
2026-01-23$51.95$0.0035.8%10.2%40.8%7.5%0.0%5.4%1.5%2.7K-24.4K-2620.00145.94N/AN/A00323
2026-01-26$52.84$0.0039.4%11.3%41.2%9.7%0.0%4.8%-7.4%3.1K-24.3K-2630.00150.26N/AN/A00323
2026-01-27$53.36$0.0039.5%11.3%41.4%9.7%0.0%3.8%-4.8%3.3K-28.1K-2840.00147.66N/AN/A00323
2026-01-28$53.16$0.0039.1%11.2%41.3%9.5%0.0%4.9%-5.6%3.3K-24.0K-2590.00145.29N/AN/A00323
2026-01-29$48.92$0.0046.0%13.2%50.6%13.5%0.0%4.2%-6.9%1.8K-7.5K-1720.00146.75N/AN/A00323
2026-01-30$49.30$0.0045.7%13.1%50.2%13.4%0.0%7.7%-8.8%1.8K-5.6K-1590.00145.01N/AN/A00323