UGE Options History — October 2023

In October 2023, UGE traded between $13.45 and $14.39. ATM implied volatility averaged 56.0%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 31.2% (HV 20d: 24.8%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2023-10-12: Highest Volume — 6 contracts
2023-10-19: Largest IV spike — 61.5% change
2023-10-27: Highest IV Rank — 39.3%
2023-10-27: Largest Expected Move — 21.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.93	$13.45	$14.39	$14.36	$14.02
Max Pain	$19.00	$19.00	$19.00	$19.00	$19.00
ATM IV	56.0%	35.6%	73.8%	67.6%	57.1%
Expected Move	15.1%	10.2%	21.2%	19.4%	16.4%
HV 20d	24.8%	19.7%	30.6%	19.8%	30.3%
HV 60d	20.8%	18.4%	23.2%	18.4%	23.0%
IV Rank	25.4%	9.6%	39.3%	34.4%	26.3%
IV Percentile	52.3%	12.7%	84.1%	71.0%	59.5%
Term Structure	-13.1%	-23.9%	2.6%	-16.5%	-5.0%
Skew 25d	1.2%	-3.4%	6.0%	1.4%	-3.4%
Skew 10d	4.9%	-6.2%	15.7%	9.3%	-4.3%
Call IV 25d	52.0%	33.2%	82.3%	78.2%	52.4%
Put IV 25d	53.2%	31.7%	85.7%	79.6%	49.1%
Bid-Ask Spread %	135.64	129.72	140.41	140.41	131.07
Gamma HHI	0.69	0.47	0.98	0.98	0.67
Net GEX	200	36	319	278	183
Net DEX	-5.6K	-8.9K	-1.5K	-4.7K	-6.9K
Net VEX	-17	-26	-2	-21	-17
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.273	0	6	0	0
Total OI	25.545	22	28	22	28

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2023-10-02	$14.36	$0.00	67.6%	19.4%	19.8%	34.4%	0.0%	1.4%	-16.5%	278	-4.7K	-21	140.41	N/A	N/A	0	22
2023-10-03	$14.19	$0.00	71.2%	20.4%	19.7%	37.2%	0.0%	3.4%	-21.4%	256	-4.3K	-18	139.78	N/A	N/A	0	22
2023-10-04	$14.39	$0.00	53.4%	15.3%	20.7%	23.4%	0.0%	-0.6%	-23.4%	204	-3.0K	-12	138.44	N/A	N/A	0	22
2023-10-05	$13.86	$19.00	65.6%	12.4%	23.6%	32.9%	0.0%	-1.4%	-11.8%	36	-1.5K	-2	129.72	N/A	N/A	0	22
2023-10-06	$13.68	$19.00	61.1%	11.3%	23.5%	29.4%	0.0%	5.8%	-0.9%	105	-2.0K	-5	134.22	N/A	N/A	0	22
2023-10-09	$13.64	$19.00	71.6%	12.8%	21.6%	37.6%	0.0%	6.0%	-11.0%	88	-1.8K	-4	132.55	N/A	N/A	0	22
2023-10-10	$13.97	$19.00	59.6%	15.7%	24.1%	28.2%	0.0%	-1.6%	-20.4%	205	-3.3K	-12	135.95	N/A	N/A	0	22
2023-10-11	$13.78	$19.00	44.0%	12.6%	23.9%	16.1%	0.0%	4.4%	-14.7%	164	-2.6K	-11	137.04	N/A	N/A	0	22
2023-10-12	$13.45	$19.00	58.9%	16.9%	22.4%	27.7%	0.0%	2.9%	-18.3%	153	-2.7K	-10	138.38	N/A	N/A	6	22
2023-10-13	$13.62	$19.00	38.0%	10.9%	23.6%	11.4%	0.0%	-0.5%	-9.6%	189	-6.5K	-22	137.24	N/A	N/A	0	28
2023-10-16	$13.96	$19.00	44.5%	12.8%	26.2%	16.5%	0.0%	-0.5%	-2.5%	204	-7.4K	-22	131.09	N/A	N/A	0	28
2023-10-17	$14.03	$19.00	51.6%	14.8%	26.5%	22.0%	0.0%	-0.9%	-7.5%	276	-8.2K	-24	135.20	N/A	N/A	0	28
2023-10-18	$14.15	$19.00	35.6%	10.2%	26.8%	9.6%	0.0%	-0.4%	-2.4%	199	-7.6K	-22	133.62	N/A	N/A	0	28
2023-10-19	$13.97	$19.00	57.5%	16.5%	26.0%	26.6%	0.0%	5.4%	-10.7%	279	-8.1K	-25	139.36	N/A	N/A	0	28
2023-10-20	$13.88	$19.00	57.8%	16.6%	26.0%	26.8%	0.0%	-1.1%	-23.9%	253	-7.8K	-24	137.81	N/A	N/A	0	28
2023-10-23	$13.84	$19.00	52.3%	15.0%	25.6%	22.5%	0.0%	-0.3%	-16.4%	167	-7.0K	-18	129.86	N/A	N/A	0	28
2023-10-24	$14.05	$19.00	40.8%	11.7%	26.3%	13.6%	0.0%	0.4%	2.6%	151	-7.1K	-19	134.38	N/A	N/A	0	28
2023-10-25	$14.12	$19.00	60.5%	17.3%	25.4%	28.9%	0.0%	5.9%	-11.6%	319	-8.9K	-26	140.08	N/A	N/A	0	28
2023-10-26	$13.96	$19.00	54.8%	15.7%	25.3%	24.5%	0.0%	-0.9%	-22.1%	211	-7.1K	-20	137.08	N/A	N/A	0	28
2023-10-27	$13.50	$19.00	73.8%	21.2%	27.6%	39.3%	0.0%	3.7%	-20.4%	257	-7.4K	-24	135.74	N/A	N/A	0	28
2023-10-30	$13.98	$19.00	54.3%	15.6%	30.6%	24.1%	0.0%	-1.1%	-20.6%	232	-7.6K	-21	135.16	N/A	N/A	0	28
2023-10-31	$14.02	$19.00	57.1%	16.4%	30.3%	26.3%	0.0%	-3.4%	-5.0%	183	-6.9K	-17	131.07	N/A	N/A	0	28