UGE Options History — January 2023

In January 2023, UGE traded between $15.02 and $17.22. ATM implied volatility averaged 63.9%. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 28.6% (HV 20d: 35.3%). Max pain ranged from $18.00 to $26.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-30: Highest Volume — 6 contracts
  • 2023-01-11: Largest IV drop — 46.2% change
  • 2023-01-04: Largest Expected Move — 23.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.97$15.02$17.22$15.02$17.18
Max Pain$25.00$18.00$26.00$20.00$18.00
ATM IV63.9%48.3%93.1%77.8%60.4%
Expected Move16.8%13.3%23.0%22.3%17.3%
HV 20d35.3%30.1%38.2%32.1%37.2%
HV 60d38.3%36.9%42.4%42.4%38.4%
Term Structure-13.6%-24.2%-3.0%-21.2%-16.0%
VWIV26.6%26.6%26.6%26.6%26.6%
Skew 25d9.5%-2.1%34.7%2.0%19.6%
Skew 10d10.8%2.1%31.3%11.4%8.6%
Call IV 25d52.7%24.8%94.9%94.9%48.1%
Put IV 25d62.2%38.6%96.9%96.9%67.7%
Bid-Ask Spread %136.80129.74142.70137.11135.04
Gamma HHI0.760.651.000.651.00
Net GEX80143891438
Net DEX-617-3.2K-2-893-3.2K
Net VEX-2-80-4-8
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.30600
Total OI17.213191919

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$15.02$20.0077.8%22.3%32.1%0.0%0.0%2.0%-21.2%91-893-40.00137.11N/AN/A00190
2023-01-04$15.29$20.0080.2%23.0%30.3%0.0%0.0%-2.1%-24.2%79-635-30.00136.47N/AN/A00190
2023-01-05$15.20$26.0069.7%14.8%30.1%0.0%0.0%4.6%-7.6%69-518-30.00135.67N/AN/A00190
2023-01-06$15.88$26.0065.3%13.3%35.1%0.0%0.0%6.5%-3.0%94-687-30.00131.40N/AN/A00190
2023-01-09$15.84$26.0085.2%16.0%34.7%0.0%0.0%7.8%-16.7%93-669-30.00136.22N/AN/A00190
2023-01-10$15.77$26.0093.1%16.4%34.6%0.0%0.0%4.1%-14.0%126-1.3K-50.00141.01N/AN/A00190
2023-01-11$15.99$26.0050.1%14.4%35.3%0.0%0.0%3.5%-11.0%101-775-30.00134.08N/AN/A00190
2023-01-12$15.95$26.0050.2%14.4%35.3%0.0%0.0%13.0%-10.5%98-724-20.00136.93N/AN/A00190
2023-01-13$15.99$26.0048.3%13.8%35.2%0.0%0.0%5.9%-11.8%91-612-20.00135.79N/AN/A00190
2023-01-17$16.28$26.0058.1%16.7%34.9%0.0%0.0%-1.6%-17.9%92-519-10.00141.52N/AN/A00190
2023-01-18$15.52$26.0061.9%17.7%37.8%0.0%0.0%2.8%-20.2%100-901-20.00142.32N/AN/A00190
2023-01-19$15.28$26.0067.1%19.2%37.8%0.0%0.0%3.3%-13.4%82-648-20.00142.70N/AN/A00190
2023-01-20$15.54$26.0063.3%18.1%38.0%0.0%0.0%5.9%-13.0%16-113-10.00140.34N/AN/A00190
2023-01-23$15.97$26.0064.7%18.6%38.2%0.0%0.0%27.9%-14.9%14-90-10.00142.59N/AN/A00130
2023-01-24$16.07$26.0058.1%16.7%35.1%0.0%0.0%34.7%-13.3%6-2900.00138.10N/AN/A00130
2023-01-25$16.16$26.0055.2%15.8%35.2%0.0%0.0%15.9%-12.1%1-200.00131.79N/AN/A00130
2023-01-26$16.55$26.0057.0%16.4%35.8%0.0%0.0%23.4%-13.3%6-2500.00135.76N/AN/A00130
2023-01-27$17.22$26.0052.7%15.1%36.4%0.0%0.0%6.5%-10.0%5-2200.00131.44N/AN/A00130
2023-01-30$16.75$26.0059.4%17.0%36.7%0.0%26.6%7.3%-7.2%1-400.00129.74N/AN/A60130
2023-01-31$17.18$18.0060.4%17.3%37.2%0.0%0.0%19.6%-16.0%438-3.2K-80.00135.04N/AN/A00190