UGE Options History — February 2024

In February 2024, UGE traded between $15.88 and $16.84. ATM implied volatility averaged 44.7%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 22.7% (HV 20d: 21.9%). Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-02-16: Highest Volume — 1 contracts
  • 2024-02-05: Largest IV spike — 49.0% change
  • 2024-02-05: Highest IV Rank — 16.9%
  • 2024-02-23: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.41$15.88$16.84$16.57$16.73
ATM IV44.7%31.6%71.9%49.4%43.0%
Expected Move11.4%8.0%14.0%9.0%12.3%
HV 20d21.9%20.4%24.3%20.7%20.8%
HV 60d22.0%21.7%22.6%21.8%21.7%
IV Rank7.4%2.9%16.9%9.1%6.8%
IV Percentile37.4%6.7%85.3%50.0%34.1%
Term Structure-1.1%-16.7%49.9%8.1%-12.2%
Skew 25d-0.4%-11.4%10.2%10.2%-0.1%
Skew 10d1.0%-14.4%5.9%4.5%3.0%
Call IV 25d39.8%25.9%55.3%25.9%47.0%
Put IV 25d39.5%28.8%58.6%36.1%46.9%
Bid-Ask Spread %139.14135.63141.82137.26135.63
Gamma HHI1.001.001.001.001.00
Net GEX24069350
Net DEX-6.7K-11.6K0-11.4K0
Net VEX-0-20-10
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.050100
Total OI4.20770

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$16.57$0.0049.4%9.0%20.7%9.1%0.0%10.2%8.1%35-11.4K-10.00137.26N/AN/A0070
2024-02-02$16.68$0.0048.3%8.0%20.7%8.7%0.0%-0.2%10.4%25-11.6K-10.00137.18N/AN/A0070
2024-02-05$16.46$0.0071.9%12.3%20.9%16.9%0.0%2.1%-11.9%61-11.1K-20.00139.63N/AN/A0070
2024-02-06$16.40$0.0061.5%9.4%20.4%13.3%0.0%-0.3%-9.0%39-11.3K-10.00136.30N/AN/A0070
2024-02-07$16.41$0.0035.0%10.0%20.4%4.0%0.0%-0.4%-11.5%38-11.3K-10.00141.21N/AN/A0070
2024-02-08$16.34$0.0035.0%10.0%20.4%4.1%0.0%-0.4%-12.6%65-11.0K-10.00140.36N/AN/A0070
2024-02-09$16.04$0.0031.6%9.1%21.6%2.9%0.0%-0.6%-11.3%1-11.2K00.00137.06N/AN/A0070
2024-02-12$16.30$0.0043.2%12.4%22.2%6.9%0.0%-0.4%-11.2%35-11.3K00.00139.54N/AN/A0070
2024-02-13$15.88$0.0043.3%12.4%23.7%6.9%0.0%-0.5%-12.9%47-10.9K00.00136.21N/AN/A0070
2024-02-14$15.89$0.0044.0%12.6%23.7%7.2%0.0%-0.7%-12.6%64-10.8K-10.00141.18N/AN/A0070
2024-02-15$16.08$0.0045.9%13.1%24.0%7.8%0.0%3.4%49.8%69-10.8K00.00141.82N/AN/A0070
2024-02-16$16.12$0.0034.5%9.9%23.9%3.9%0.0%-4.3%49.9%0-11.3K00.00139.49N/AN/A1070
2024-02-20$16.43$0.0043.4%12.4%24.3%7.0%0.0%-1.7%-16.7%0000.00140.55N/AN/A0000
2024-02-21$16.48$0.0041.9%12.0%23.1%6.4%0.0%-0.4%-12.5%0000.00141.63N/AN/A0000
2024-02-22$16.68$0.0040.1%11.5%21.7%5.8%0.0%-0.4%8.2%0000.00137.90N/AN/A0000
2024-02-23$16.84$0.0048.7%14.0%21.6%8.8%0.0%-11.4%-14.3%0000.00141.38N/AN/A0000
2024-02-26$16.71$0.0040.9%11.7%21.7%6.1%0.0%-0.3%5.8%0000.00139.70N/AN/A0000
2024-02-27$16.62$0.0045.6%13.1%21.7%7.8%0.0%-0.4%-9.1%0000.00137.42N/AN/A0000
2024-02-28$16.63$0.0046.1%13.2%21.4%7.9%0.0%-0.4%4.1%0000.00141.43N/AN/A0000
2024-02-29$16.73$0.0043.0%12.3%20.8%6.8%0.0%-0.1%-12.2%0000.00135.63N/AN/A0000