UGE Options History — December 2023

In December 2023, UGE traded between $14.92 and $15.78. ATM implied volatility averaged 137.0%, placing in the 54.2% IV rank vs the trailing year. The 30-day expected move averaged 27.5%. IV traded above realized volatility by 114.3% (HV 20d: 22.8%). Max pain ranged from $16.00 to $16.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-14: Highest Volume — 30 contracts
  • 2023-12-13: Largest IV drop — 74.1% change
  • 2023-12-04: Highest IV Rank — 100.0%
  • 2023-12-01: Largest Expected Move — 41.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.35$14.92$15.78$15.22$15.73
Max Pain$16.00$16.00$16.00$16.00$16.00
ATM IV137.0%80.6%311.0%143.2%114.7%
Expected Move27.5%23.1%41.1%41.1%32.9%
HV 20d22.8%18.6%26.8%18.7%25.4%
HV 60d24.6%23.4%25.7%24.0%25.0%
IV Rank54.2%19.9%100.0%93.3%31.8%
IV Percentile96.1%91.3%100.0%99.6%95.6%
Term Structure-11.2%-37.4%3.5%-21.7%-37.4%
VWIV26.8%26.8%26.8%26.8%26.8%
Skew 25d124.3%87.6%180.9%180.9%125.1%
Skew 10d152.3%84.4%245.0%245.0%114.5%
Call IV 25d58.4%37.3%110.6%110.6%72.0%
Put IV 25d182.7%148.9%291.5%291.5%197.1%
Bid-Ask Spread %157.63153.22161.11155.25156.56
Gamma HHI0.870.770.920.900.87
Net GEX753642.2K891.3K
Net DEX-17.7K-31.2K-7.6K-8.1K-28.4K
Net VEX-36-70-13-14-52
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.503000
Total OI22737737

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$15.22$0.00143.2%41.1%18.7%93.3%0.0%180.9%-21.7%89-8.1K-140.00155.25N/AN/A0070
2023-12-04$15.28$0.00167.2%24.1%18.6%100.0%0.0%115.5%-9.7%94-8.3K-140.00158.27N/AN/A0070
2023-12-05$15.05$0.00170.4%24.2%19.7%100.0%0.0%114.5%-8.2%66-7.7K-150.00157.90N/AN/A0070
2023-12-06$14.96$0.00157.3%25.2%19.8%91.1%0.0%119.5%-7.5%64-7.6K-150.00155.91N/AN/A0070
2023-12-07$15.11$0.00190.0%26.3%19.6%100.0%0.0%118.4%-8.6%65-7.7K-150.00158.30N/AN/A0070
2023-12-08$14.92$0.00178.4%24.6%20.0%93.0%0.0%124.7%-5.7%98-7.9K-140.00158.27N/AN/A0070
2023-12-11$15.13$0.00262.4%25.3%20.1%100.0%0.0%112.8%-6.8%65-7.8K-150.00161.11N/AN/A0070
2023-12-12$15.23$0.00311.0%25.6%20.0%100.0%0.0%127.0%-5.8%68-7.9K-140.00158.87N/AN/A0070
2023-12-13$15.78$0.0080.6%23.1%22.4%19.9%0.0%109.9%-5.7%88-8.8K-130.00158.88N/AN/A0070
2023-12-14$15.35$0.0094.7%27.1%24.4%24.8%26.8%129.1%-6.6%94-8.3K-130.00158.18N/AN/A30070
2023-12-15$15.31$16.0096.1%27.6%22.1%25.3%0.0%116.6%-9.2%684-31.2K-700.00160.10N/AN/A00370
2023-12-18$15.64$16.0087.9%25.2%23.1%22.5%0.0%87.6%-23.9%1.5K-25.4K-580.00156.29N/AN/A00370
2023-12-19$15.63$16.0093.2%26.7%23.1%24.3%0.0%91.4%-31.4%1.3K-26.2K-580.00157.10N/AN/A00370
2023-12-20$15.11$16.00100.5%28.8%26.6%26.8%0.0%141.1%-8.9%721-30.2K-650.00158.14N/AN/A00370
2023-12-21$15.19$16.00101.2%29.0%26.1%27.1%0.0%142.6%-8.6%714-30.8K-640.00157.01N/AN/A00370
2023-12-22$15.41$16.00106.7%30.6%26.6%29.0%0.0%134.7%-16.0%1.9K-26.3K-610.00159.78N/AN/A00370
2023-12-26$15.59$16.0091.0%26.1%26.8%23.5%0.0%131.2%3.5%2.2K-23.4K-520.00155.73N/AN/A00370
2023-12-27$15.62$16.0096.9%27.8%26.8%25.6%0.0%124.6%-7.1%1.9K-24.9K-520.00153.22N/AN/A00370
2023-12-28$15.71$16.0097.6%28.0%25.8%25.8%0.0%137.9%0.5%2.2K-26.6K-540.00157.70N/AN/A00370
2023-12-29$15.73$16.00114.7%32.9%25.4%31.8%0.0%125.1%-37.4%1.3K-28.4K-520.00156.56N/AN/A00370