UGE Options History — July 2023

In July 2023, UGE traded between $16.66 and $17.84. ATM implied volatility averaged 42.2%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 24.9% (HV 20d: 17.3%). Max pain ranged from $16.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-12: Highest Volume — 30 contracts
  • 2023-07-21: Largest IV spike — 160.0% change
  • 2023-07-21: Highest IV Rank — 48.5%
  • 2023-07-21: Largest Expected Move — 24.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.28$16.66$17.84$17.29$17.59
Max Pain$16.20$16.00$18.00$18.00$16.00
ATM IV42.2%28.6%85.7%35.8%39.4%
Expected Move11.1%6.6%24.6%10.3%11.3%
HV 20d17.3%16.2%18.6%16.9%17.2%
HV 60d19.0%18.6%19.3%18.8%19.0%
IV Rank14.6%4.1%48.5%9.7%12.5%
IV Percentile20.8%1.9%85.1%8.7%17.3%
Term Structure-2.3%-20.1%48.5%-2.1%-7.6%
VWIV20.4%20.0%20.7%20.0%20.7%
Skew 25d-2.8%-95.0%25.5%25.5%6.8%
Skew 10d-0.3%-91.0%16.1%15.1%2.5%
Call IV 25d43.9%18.4%128.0%18.4%33.9%
Put IV 25d41.2%27.5%61.4%43.8%40.6%
Bid-Ask Spread %130.19122.27140.03131.90130.47
Gamma HHI0.440.390.480.440.47
Net GEX1.3K52.7K1412.3K
Net DEX-18.7K-35.9K-1.7K-3.7K-30.1K
Net VEX-84-130-19-24-111
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume203000
Total OI34.712521251

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$17.29$18.0035.8%10.3%16.9%9.7%0.0%25.5%-2.1%141-3.7K-240.00131.90N/AN/A0075
2023-07-05$17.27$18.0035.6%10.2%16.6%9.5%0.0%21.6%-12.4%123-3.9K-230.00126.37N/AN/A0075
2023-07-06$17.17$16.0055.2%11.5%16.2%24.8%0.0%4.3%-9.4%86-3.3K-240.00137.25N/AN/A0075
2023-07-07$16.79$16.0057.8%11.5%18.4%26.8%0.0%3.2%-10.1%48-2.4K-240.00136.20N/AN/A0075
2023-07-10$16.69$16.0032.8%8.0%18.3%7.4%0.0%-0.3%5.3%26-1.8K-220.00128.05N/AN/A0075
2023-07-11$16.66$16.0053.7%6.6%18.4%23.6%0.0%-0.0%10.6%5-1.7K-220.00125.98N/AN/A0075
2023-07-12$16.83$16.0034.8%10.0%18.6%8.9%20.0%6.0%-13.9%35-2.2K-190.00123.84N/AN/A30075
2023-07-13$16.99$16.0043.0%12.3%18.6%15.3%0.0%2.9%-13.0%1.2K-20.6K-1160.00135.35N/AN/A00375
2023-07-14$17.06$16.0034.3%9.8%18.1%8.5%0.0%3.6%-1.3%1.4K-20.9K-1110.00122.27N/AN/A00375
2023-07-17$16.99$16.0032.6%9.3%16.3%7.2%0.0%2.2%-4.4%1.5K-19.5K-1060.00124.66N/AN/A00375
2023-07-18$16.98$16.0037.4%10.7%16.3%11.0%0.0%-0.5%-5.0%1.3K-19.0K-1060.00127.93N/AN/A00375
2023-07-19$17.24$16.0028.6%8.2%16.4%4.1%0.0%0.3%3.4%1.6K-21.9K-1090.00125.11N/AN/A00375
2023-07-20$17.54$16.0033.0%9.4%17.3%7.5%20.7%-95.0%12.5%1.9K-22.1K-1050.00129.62N/AN/A100375
2023-07-21$17.66$16.0085.7%24.6%17.2%48.5%0.0%-42.8%48.5%1.9K-32.4K-1300.00140.03N/AN/A00475
2023-07-24$17.82$16.0044.8%12.9%17.0%16.7%0.0%3.0%-20.1%2.4K-34.0K-1260.00136.68N/AN/A00465
2023-07-25$17.77$16.0030.0%8.6%16.9%5.2%0.0%-0.1%-4.2%2.7K-33.9K-1240.00123.30N/AN/A00465
2023-07-26$17.80$16.0033.4%9.6%16.8%7.9%0.0%-0.2%0.4%2.5K-35.9K-1270.00126.67N/AN/A00465
2023-07-27$17.55$16.0045.8%13.1%16.8%17.5%0.0%1.3%-10.2%2.1K-30.8K-1200.00134.64N/AN/A00465
2023-07-28$17.84$16.0049.6%14.2%17.4%20.5%0.0%3.3%-14.0%2.3K-34.8K-1240.00137.50N/AN/A00465
2023-07-31$17.59$16.0039.4%11.3%17.2%12.5%0.0%6.8%-7.6%2.3K-30.1K-1110.00130.47N/AN/A00465