UGE Options History — April 2023

In April 2023, UGE traded between $17.48 and $18.53. ATM implied volatility averaged 49.2%, placing in the 18.6% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 27.7% (HV 20d: 21.5%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days.

Notable Days

  • 2023-04-13: Largest IV spike — 131.6% change
  • 2023-04-13: Highest IV Rank — 56.9%
  • 2023-04-13: Largest Expected Move — 28.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.90$17.48$18.53$17.63$18.53
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV49.2%23.3%98.7%53.8%35.2%
Expected Move13.3%6.7%28.3%15.4%10.1%
HV 20d21.5%13.9%31.0%31.0%16.3%
HV 60d29.2%24.9%32.0%32.0%24.9%
IV Rank18.6%0.0%56.9%20.6%9.2%
IV Percentile21.8%0.0%92.9%27.8%3.3%
Term Structure-9.9%-37.7%8.7%-12.7%-10.1%
Skew 25d5.4%-0.8%22.6%21.4%2.9%
Skew 10d6.1%1.1%33.8%6.8%5.2%
Call IV 25d46.9%29.7%121.4%46.5%54.5%
Put IV 25d52.3%29.5%127.1%68.0%57.5%
Bid-Ask Spread %134.73123.62155.84132.51136.90
Gamma HHI0.830.731.000.741.00
Net GEX1792834522939
Net DEX-2.4K-4.4K-1.0K-3.1K-1.1K
Net VEX-6-10-4-10-4
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI3.9471551

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$17.63$19.0053.8%15.4%31.0%20.6%0.0%21.4%-12.7%229-3.1K-100.00132.51N/AN/A0050
2023-04-04$17.48$19.0060.4%17.3%29.5%26.0%0.0%22.6%-15.4%213-3.0K-90.00135.39N/AN/A0050
2023-04-05$17.68$19.0057.0%16.3%29.3%23.2%0.0%18.6%-15.6%227-3.2K-100.00136.32N/AN/A0050
2023-04-06$17.59$0.0058.1%11.8%25.8%24.1%0.0%4.5%-7.2%224-3.0K-90.00135.21N/AN/A0050
2023-04-10$17.62$0.0055.5%12.4%24.0%22.0%0.0%6.3%-10.5%249-2.8K-80.00131.68N/AN/A0050
2023-04-11$17.83$0.0066.6%12.2%23.9%31.0%0.0%6.3%-7.7%245-3.3K-80.00137.64N/AN/A0050
2023-04-12$17.63$0.0042.6%12.2%24.3%11.5%0.0%0.1%-10.3%261-2.6K-80.00128.74N/AN/A0050
2023-04-13$17.79$0.0098.7%28.3%24.3%56.9%0.0%5.7%-37.7%115-4.4K-80.00155.84N/AN/A0050
2023-04-14$17.62$0.0043.2%12.4%23.9%12.1%0.0%3.9%-11.1%241-2.9K-70.00135.96N/AN/A0050
2023-04-17$17.76$0.0046.5%13.3%21.1%14.7%0.0%-0.8%-12.6%269-2.7K-60.00128.49N/AN/A0050
2023-04-18$17.88$0.0023.3%6.7%19.4%0.0%0.0%-0.2%8.7%345-2.4K-60.00128.89N/AN/A0050
2023-04-19$17.86$0.0029.3%8.4%19.4%4.6%0.0%-0.2%-2.0%322-2.3K-50.00127.60N/AN/A0050
2023-04-20$17.88$0.0044.7%12.8%18.7%16.6%0.0%2.1%2.6%257-3.3K-50.00137.76N/AN/A0050
2023-04-21$18.24$0.0045.6%13.1%17.0%17.3%0.0%2.7%-8.6%38-1.1K-40.00138.25N/AN/A0050
2023-04-24$18.28$0.0036.2%10.4%14.3%10.0%0.0%-0.2%-9.6%35-1.1K-40.00123.62N/AN/A0010
2023-04-25$18.30$0.0058.0%16.6%13.9%26.9%0.0%2.9%-13.6%33-1.1K-40.00142.07N/AN/A0010
2023-04-26$18.02$0.0038.9%11.1%15.4%12.1%0.0%-0.5%-15.9%28-1.0K-40.00132.34N/AN/A0010
2023-04-27$18.39$0.0041.1%11.8%16.3%13.9%0.0%5.0%0.9%39-1.1K-40.00134.71N/AN/A0010
2023-04-28$18.53$0.0035.2%10.1%16.3%9.2%0.0%2.9%-10.1%39-1.1K-40.00136.90N/AN/A0010