UGE Options History — November 2023

In November 2023, UGE traded between $14.09 and $15.12. ATM implied volatility averaged 48.3%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 24.2% (HV 20d: 24.1%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-11-14: Highest Volume — 6 contracts
  • 2023-11-30: Largest IV spike — 103.0% change
  • 2023-11-07: Highest IV Rank — 36.3%
  • 2023-11-01: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.69$14.09$15.12$14.09$15.03
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV48.3%25.7%70.0%67.2%62.9%
Expected Move12.5%7.4%19.3%19.3%18.0%
HV 20d24.1%17.2%29.9%29.9%19.3%
HV 60d23.6%23.0%24.0%23.0%23.8%
IV Rank19.4%1.8%36.3%34.1%30.8%
IV Percentile41.0%0.8%82.5%78.2%77.8%
Term Structure-4.0%-20.1%78.7%-9.4%-20.1%
Skew 25d-0.7%-26.2%3.4%-1.4%3.3%
Skew 10d6.0%2.1%26.7%3.9%7.7%
Call IV 25d49.3%34.4%80.1%58.4%80.1%
Put IV 25d48.5%34.3%83.5%57.0%83.5%
Bid-Ask Spread %134.90114.13141.40138.25138.14
Gamma HHI0.710.491.000.490.97
Net GEX210123376267125
Net DEX-8.7K-9.3K-8.0K-8.1K-8.6K
Net VEX-15-21-11-21-12
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2860600
Total OI20728287

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$14.09$19.0067.2%19.3%29.9%34.1%0.0%-1.4%-9.4%267-8.1K-210.00138.25N/AN/A00280
2023-11-02$14.37$0.0067.3%10.8%27.5%34.2%0.0%0.4%-12.4%286-8.7K-200.00138.17N/AN/A00280
2023-11-03$14.46$0.0041.8%11.8%26.9%14.3%0.0%-0.6%-13.0%200-8.1K-170.00134.20N/AN/A00280
2023-11-06$14.47$0.0069.1%10.7%26.8%35.6%0.0%-0.5%-3.1%260-8.5K-190.00135.21N/AN/A00280
2023-11-07$14.56$0.0070.0%10.3%25.7%36.3%0.0%-0.4%19.6%283-8.9K-180.00137.27N/AN/A00280
2023-11-08$14.43$0.0053.3%15.3%25.4%23.3%0.0%3.4%-8.5%376-9.3K-210.00140.86N/AN/A00280
2023-11-09$14.30$0.0046.5%13.3%23.8%18.0%0.0%2.5%-14.0%239-8.4K-170.00135.03N/AN/A00280
2023-11-10$14.47$0.0038.7%11.1%23.8%12.0%0.0%-0.4%-5.9%263-8.0K-170.00135.48N/AN/A00280
2023-11-13$14.61$0.0044.3%12.7%22.5%16.3%0.0%0.0%0.1%289-8.9K-170.00141.40N/AN/A00280
2023-11-14$14.91$0.0038.2%10.9%23.4%11.5%0.0%-0.6%-8.1%257-9.1K-150.00134.74N/AN/A60280
2023-11-15$15.12$0.0037.7%10.8%23.7%11.2%0.0%-0.9%-8.6%203-9.0K-130.00134.34N/AN/A00280
2023-11-16$14.71$0.0031.3%9.0%25.5%6.2%0.0%-0.3%78.7%284-9.1K-140.00136.08N/AN/A00280
2023-11-17$14.71$0.0025.7%7.4%25.3%1.8%0.0%-0.1%1.0%145-8.7K-120.00116.21N/AN/A00280
2023-11-20$14.70$0.0027.2%7.8%25.2%3.0%0.0%-0.2%-1.3%149-8.7K-110.00114.13N/AN/A0070
2023-11-21$14.72$0.0041.9%12.0%24.8%14.4%0.0%-26.2%-6.7%146-8.6K-120.00133.39N/AN/A0070
2023-11-22$14.94$0.0054.4%15.6%25.2%24.1%0.0%2.9%-14.1%126-8.5K-130.00140.28N/AN/A0070
2023-11-24$15.01$0.0042.6%12.2%24.7%15.0%0.0%0.5%-11.7%123-8.6K-130.00134.74N/AN/A0070
2023-11-27$15.01$0.0061.3%17.6%20.5%29.6%0.0%1.2%-19.6%125-8.6K-130.00139.74N/AN/A0070
2023-11-28$15.09$0.0060.9%17.5%17.2%29.2%0.0%1.6%-18.0%123-8.7K-120.00140.50N/AN/A0070
2023-11-29$14.82$0.0031.0%8.9%18.9%6.0%0.0%0.4%-9.4%141-8.6K-110.00134.73N/AN/A0070
2023-11-30$15.03$0.0062.9%18.0%19.3%30.8%0.0%3.3%-20.1%125-8.6K-120.00138.14N/AN/A0070