UGE Options History — May 2023

In May 2023, UGE traded between $16.21 and $18.64. ATM implied volatility averaged 45.2%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 28.2% (HV 20d: 17.0%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-17: Highest Volume — 2 contracts
  • 2023-05-09: Largest IV spike — 97.9% change
  • 2023-05-09: Highest IV Rank — 34.5%
  • 2023-05-24: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.73$16.21$18.64$18.64$16.41
ATM IV45.2%32.6%67.7%35.8%32.6%
Expected Move12.3%9.3%15.5%10.3%9.3%
HV 20d17.0%15.7%18.7%16.1%18.7%
HV 60d24.0%22.8%25.4%24.9%23.2%
IV Rank17.0%7.2%34.5%9.7%7.2%
IV Percentile18.7%2.9%60.8%3.9%2.9%
Term Structure-4.9%-27.7%22.9%5.3%14.3%
Skew 25d2.8%-1.4%10.1%0.1%0.1%
Skew 10d4.8%1.2%17.1%2.4%2.9%
Call IV 25d43.2%29.3%61.3%38.1%44.3%
Put IV 25d46.0%29.5%63.9%38.2%44.4%
Bid-Ask Spread %133.67125.49137.02130.45130.78
Gamma HHI0.930.751.001.000.77
Net GEX853122538225
Net DEX-1.8K-3.5K-877-1.2K-2.8K
Net VEX-8-17-3-4-16
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1820200
Total OI2.4091616

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$18.64$0.0035.8%10.3%16.1%9.7%0.0%0.1%5.3%38-1.2K-40.00130.45N/AN/A0010
2023-05-02$18.52$0.0052.4%15.0%15.7%22.6%0.0%2.4%-15.7%38-1.1K-40.00136.31N/AN/A0010
2023-05-03$18.25$0.0041.9%12.0%16.4%14.5%0.0%-0.6%-18.4%31-1.0K-40.00131.64N/AN/A0010
2023-05-04$18.08$0.0058.3%12.1%16.5%27.2%0.0%5.0%-8.4%36-1.0K-40.00135.84N/AN/A0010
2023-05-05$18.42$0.0059.5%11.9%17.4%28.2%0.0%4.5%-6.8%36-1.1K-40.00136.10N/AN/A0010
2023-05-08$18.34$0.0034.2%11.3%17.6%8.5%0.0%0.8%-3.9%45-1.1K-40.00125.49N/AN/A0010
2023-05-09$18.27$0.0067.7%12.1%17.3%34.5%0.0%4.7%-7.1%37-1.1K-40.00136.96N/AN/A0010
2023-05-10$18.20$0.0042.4%12.2%16.8%14.9%0.0%7.1%-7.2%38-1.0K-40.00134.40N/AN/A0010
2023-05-11$18.20$0.0037.5%10.7%16.5%11.0%0.0%-0.1%-7.6%44-1.0K-40.00132.40N/AN/A0010
2023-05-12$18.35$0.0042.8%12.3%16.2%15.2%0.0%5.5%-8.7%37-1.1K-40.00136.86N/AN/A0010
2023-05-15$18.30$0.0039.4%11.3%16.1%12.5%0.0%3.0%-4.4%36-991-40.00130.55N/AN/A0010
2023-05-16$18.09$0.0044.8%12.8%16.7%16.7%0.0%5.2%-7.1%33-952-40.00136.63N/AN/A0010
2023-05-17$17.95$0.0038.4%11.0%16.9%11.7%0.0%-0.4%-5.1%37-877-30.00129.57N/AN/A2010
2023-05-18$17.74$0.0044.8%12.9%17.4%16.7%0.0%5.0%1.9%98-2.8K-110.00136.24N/AN/A0030
2023-05-19$17.78$0.0045.6%13.1%15.7%17.3%0.0%4.7%-7.9%100-2.8K-110.00137.02N/AN/A0030
2023-05-22$17.31$0.0052.3%15.0%18.1%22.5%0.0%2.2%-11.2%124-2.4K-100.00136.05N/AN/A2030
2023-05-23$17.04$0.0052.6%15.1%18.6%22.7%0.0%-1.4%-26.8%189-3.5K-170.00136.82N/AN/A0050
2023-05-24$16.86$0.0053.9%15.5%18.3%23.8%0.0%5.0%-27.7%166-3.5K-170.00136.64N/AN/A0050
2023-05-25$16.56$0.0041.6%11.9%16.7%14.2%0.0%10.1%11.2%148-2.4K-140.00127.86N/AN/A0050
2023-05-26$16.64$0.0041.0%11.8%16.4%13.8%0.0%0.1%10.8%169-3.1K-160.00133.45N/AN/A0050
2023-05-30$16.21$0.0035.0%10.0%17.4%9.1%0.0%-0.4%22.9%156-2.7K-150.00132.74N/AN/A0050
2023-05-31$16.41$0.0032.6%9.3%18.7%7.2%0.0%0.1%14.3%225-2.8K-160.00130.78N/AN/A0060