UGE Options History — June 2023

In June 2023, UGE traded between $16.18 and $17.12. ATM implied volatility averaged 52.3%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 31.3% (HV 20d: 21.1%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-06-01: Highest Volume — 5 contracts
  • 2023-06-14: Largest IV drop — 70.9% change
  • 2023-06-13: Highest IV Rank — 77.3%
  • 2023-06-01: Largest Expected Move — 22.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.72$16.18$17.12$16.18$17.09
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV52.3%27.7%122.7%77.0%32.1%
Expected Move11.1%7.9%22.1%22.1%9.2%
HV 20d21.1%18.6%23.9%18.7%18.9%
HV 60d20.3%18.4%23.3%22.7%18.8%
IV Rank22.6%3.4%77.3%41.8%6.8%
IV Percentile30.7%0.5%98.9%74.7%3.6%
Term Structure-3.3%-35.0%13.6%-35.0%5.2%
Skew 25d14.6%-12.0%39.4%2.8%21.0%
Skew 10d8.3%-13.3%27.5%7.0%19.7%
Call IV 25d28.8%15.7%78.3%78.3%18.9%
Put IV 25d43.4%28.2%81.1%81.1%39.9%
Bid-Ask Spread %132.14125.28137.06135.21126.71
Gamma HHI0.460.420.750.750.45
Net GEX53-417017095
Net DEX-1.3K-3.2K585-2.8K-3.2K
Net VEX-27-32-15-15-25
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2860550
Total OI11.143612612

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$16.18$0.0077.0%22.1%18.7%41.8%0.0%2.8%-35.0%170-2.8K-150.00135.21N/AN/A0560
2023-06-02$16.63$0.0036.7%10.5%22.1%10.4%0.0%7.0%-8.6%51-525-320.00132.83N/AN/A0065
2023-06-05$16.51$18.0042.4%8.3%20.4%14.8%0.0%-12.0%3.0%17256-300.00125.64N/AN/A0065
2023-06-06$16.34$18.0058.2%10.5%20.4%27.1%0.0%8.0%-4.4%7487-300.00133.52N/AN/A0065
2023-06-07$16.30$18.0056.5%9.5%20.4%25.8%0.0%1.2%8.5%12585-290.00132.85N/AN/A0065
2023-06-08$16.45$18.0081.7%13.3%21.1%45.4%0.0%14.9%6.2%27-20-310.00136.87N/AN/A0065
2023-06-09$16.45$18.0070.4%9.1%21.1%36.6%0.0%10.7%-9.7%-4378-290.00136.62N/AN/A0065
2023-06-12$16.38$18.00110.5%9.9%20.5%67.8%0.0%28.2%-1.9%1374-290.00128.27N/AN/A0065
2023-06-13$16.52$18.00122.7%12.2%21.1%77.3%0.0%19.1%-6.0%2622-290.00136.21N/AN/A0065
2023-06-14$16.74$18.0035.7%10.2%21.9%9.6%0.0%9.2%6.4%43-313-280.00133.03N/AN/A0065
2023-06-15$17.12$18.0037.0%10.6%23.8%10.7%0.0%10.5%3.4%71-1.4K-290.00131.74N/AN/A0065
2023-06-16$17.12$18.0044.2%12.7%23.5%16.2%0.0%6.9%-9.7%65-1.4K-290.00137.06N/AN/A0065
2023-06-20$16.88$18.0033.8%9.7%23.9%8.1%0.0%13.7%-3.0%44-602-270.00127.92N/AN/A1065
2023-06-21$16.93$18.0027.7%7.9%22.1%3.4%0.0%14.3%-1.8%83-2.6K-270.00130.36N/AN/A0075
2023-06-22$17.10$18.0043.7%12.5%21.8%15.9%0.0%36.9%-6.5%86-3.2K-280.00135.21N/AN/A0075
2023-06-23$16.96$18.0045.4%13.0%21.6%17.2%0.0%35.4%-8.5%74-2.8K-280.00134.86N/AN/A0075
2023-06-26$16.91$18.0028.2%8.1%20.6%3.8%0.0%8.1%13.6%71-2.6K-270.00133.29N/AN/A0075
2023-06-27$17.04$18.0033.0%9.5%20.7%7.5%0.0%16.7%-4.2%101-2.9K-250.00126.20N/AN/A0075
2023-06-28$16.79$18.0048.8%14.0%19.0%19.8%0.0%39.4%-11.5%50-2.4K-260.00135.37N/AN/A0075
2023-06-29$16.75$18.0033.2%9.5%18.6%7.7%0.0%15.0%-5.2%29-2.0K-240.00125.28N/AN/A0075
2023-06-30$17.09$18.0032.1%9.2%18.9%6.8%0.0%21.0%5.2%95-3.2K-250.00126.71N/AN/A0075