UGE Options History — February 2023

In February 2023, UGE traded between $17.14 and $18.34. ATM implied volatility averaged 49.2%. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 15.0% (HV 20d: 34.2%). Max pain ranged from $18.00 to $22.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-02-03: Highest Volume — 22 contracts
  • 2023-02-02: Largest IV spike — 71.5% change
  • 2023-02-28: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.73$17.14$18.34$17.98$17.32
Max Pain$21.76$18.00$22.00$18.00$22.00
ATM IV49.2%31.5%60.9%31.5%60.9%
Expected Move13.4%9.0%17.5%9.0%17.5%
HV 20d34.2%29.8%37.6%37.2%30.9%
HV 60d35.9%34.1%38.5%38.5%34.1%
Term Structure-4.5%-19.8%37.8%1.7%-13.8%
VWIV44.5%44.5%44.5%44.5%44.5%
Skew 25d3.2%-1.6%6.3%3.4%2.5%
Skew 10d7.1%1.2%21.6%8.8%1.4%
Call IV 25d47.5%32.1%60.4%54.9%45.2%
Put IV 25d50.7%34.8%64.0%58.3%47.7%
Bid-Ask Spread %130.11125.74133.46131.75128.68
Gamma HHI0.910.781.001.001.00
Net GEX933544.4K63054
Net DEX-7.8K-23.7K-281-5.6K-281
Net VEX-10-20-2-9-2
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.31602200
Total OI21.737632196

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$17.98$18.0031.5%9.0%37.2%0.0%0.0%3.4%1.7%630-5.6K-90.00131.75N/AN/A00190
2023-02-02$17.90$0.0053.9%11.7%37.4%0.0%0.0%4.1%-7.4%408-5.5K-90.00129.23N/AN/A30190
2023-02-03$17.73$0.0050.4%11.7%37.6%0.0%44.5%4.1%-5.5%460-4.5K-80.00130.40N/AN/A220190
2023-02-06$17.73$22.0054.5%12.0%35.1%0.0%0.0%2.5%-5.3%1.2K-9.8K-200.00127.86N/AN/A00320
2023-02-07$17.73$22.0055.6%12.3%35.1%0.0%0.0%6.3%-8.0%1.3K-9.5K-200.00130.26N/AN/A00320
2023-02-08$17.63$22.0043.7%12.5%35.1%0.0%0.0%3.9%-4.8%906-11.4K-200.00133.04N/AN/A00320
2023-02-09$17.66$22.0041.5%11.9%35.0%0.0%0.0%1.6%-6.2%952-11.3K-190.00129.88N/AN/A00320
2023-02-10$17.46$22.0048.1%13.8%35.4%0.0%0.0%5.7%-10.7%878-10.4K-180.00132.13N/AN/A00320
2023-02-13$17.84$22.0046.2%13.2%35.9%0.0%0.0%6.2%-10.8%1.5K-10.3K-140.00131.42N/AN/A00320
2023-02-14$18.14$22.0044.7%12.8%35.8%0.0%0.0%5.5%-10.5%2.0K-14.7K-140.00130.95N/AN/A00320
2023-02-15$18.34$22.0043.9%12.6%29.8%0.0%0.0%2.7%-10.3%1.5K-15.6K-110.00125.74N/AN/A00320
2023-02-16$17.84$22.0045.4%13.0%31.4%0.0%0.0%3.5%37.8%1.2K-11.9K-100.00130.61N/AN/A00320
2023-02-17$18.11$22.0046.5%13.3%31.3%0.0%0.0%0.6%28.4%4.4K-23.7K-40.00128.36N/AN/A00320
2023-02-21$17.60$22.0051.5%14.8%32.9%0.0%0.0%2.5%-14.5%106-846-40.00131.11N/AN/A0060
2023-02-22$17.49$22.0055.6%16.0%33.1%0.0%0.0%3.3%-14.0%100-810-40.00133.46N/AN/A0060
2023-02-23$17.65$22.0052.3%15.0%33.2%0.0%0.0%5.2%-12.0%105-815-40.00132.15N/AN/A0060
2023-02-24$17.14$22.0059.5%17.0%34.4%0.0%0.0%-1.6%-19.8%81-620-30.00127.53N/AN/A0060
2023-02-27$17.52$22.0048.3%13.8%32.3%0.0%0.0%-0.5%0.9%57-281-20.00127.51N/AN/A0060
2023-02-28$17.32$22.0060.9%17.5%30.9%0.0%0.0%2.5%-13.8%54-281-20.00128.68N/AN/A0060