UGE Options History — March 2024

In March 2024, UGE traded between $16.61 and $17.61. ATM implied volatility averaged 51.0%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 34.4% (HV 20d: 16.6%). Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-07: Highest Volume — 1 contracts
  • 2024-03-12: Largest IV spike — 87.2% change
  • 2024-03-12: Highest IV Rank — 26.0%
  • 2024-03-01: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.15$16.61$17.61$16.62$17.61
ATM IV51.0%29.8%98.3%59.9%46.5%
Expected Move11.4%6.0%17.2%17.2%13.3%
HV 20d16.6%14.0%19.5%18.1%16.3%
HV 60d19.9%18.3%21.7%21.7%18.3%
IV Rank9.6%2.3%26.0%12.7%8.1%
IV Percentile48.6%4.8%92.1%74.6%52.8%
Term Structure-10.0%-37.4%-0.1%-37.4%-10.9%
Skew 25d0.7%-21.1%14.4%-21.1%0.1%
Skew 10d3.1%-18.0%10.6%-18.0%3.8%
Call IV 25d42.6%23.7%72.9%72.9%57.2%
Put IV 25d43.3%25.3%57.3%51.9%57.3%
Bid-Ask Spread %140.33132.45142.19140.79141.17
Gamma HHI1.001.001.001.001.00
Net GEX19028028
Net DEX-207-40900-409
Net VEX-2-300-3
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.050100
Total OI0.750101

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$16.62$0.0059.9%17.2%18.1%12.7%0.0%-21.1%-37.4%0000.00140.79N/AN/A0000
2024-03-04$16.61$0.0067.6%10.7%17.9%15.4%0.0%2.6%-5.9%0000.00141.97N/AN/A0000
2024-03-05$16.66$0.0072.0%10.8%17.2%16.9%0.0%1.9%-5.2%0000.00142.19N/AN/A0000
2024-03-06$16.96$0.0067.2%10.7%18.2%15.3%0.0%1.8%-5.4%0000.00141.10N/AN/A0000
2024-03-07$17.19$0.0056.9%6.0%18.7%11.7%0.0%1.7%-0.1%0000.00132.45N/AN/A1000
2024-03-08$16.94$0.0058.8%10.8%19.5%12.3%0.0%3.2%-5.6%22-254-30.00140.66N/AN/A0010
2024-03-11$17.10$0.0052.5%11.2%18.1%10.1%0.0%0.2%-7.0%23-264-30.00140.55N/AN/A0010
2024-03-12$17.28$0.0098.3%11.1%17.7%26.0%0.0%14.4%-6.4%25-272-30.00140.64N/AN/A0010
2024-03-13$17.30$0.0029.8%8.6%14.0%2.3%0.0%0.1%-7.5%25-263-30.00140.58N/AN/A0010
2024-03-14$17.00$0.0040.2%11.5%16.0%5.9%0.0%1.9%-7.3%22-270-30.00141.79N/AN/A0010
2024-03-15$17.02$0.0041.3%11.8%15.7%6.3%0.0%3.1%-7.6%22-268-30.00141.60N/AN/A0010
2024-03-18$17.27$0.0040.9%11.7%16.2%6.1%0.0%-0.3%-6.8%24-249-20.00140.25N/AN/A0010
2024-03-19$17.34$0.0034.4%9.9%15.1%3.9%0.0%-0.2%-13.3%24-223-20.00139.18N/AN/A0010
2024-03-20$17.39$0.0044.4%12.7%15.1%7.3%0.0%2.6%-13.2%27-291-30.00141.73N/AN/A0010
2024-03-21$17.54$0.0043.1%12.4%14.9%6.9%0.0%1.6%-8.7%28-351-30.00141.82N/AN/A0010
2024-03-22$17.31$0.0045.4%13.0%15.7%7.7%0.0%0.9%-10.8%26-291-30.00142.07N/AN/A0010
2024-03-25$17.14$0.0044.2%12.7%15.8%7.3%0.0%1.1%-9.8%24-282-30.00141.11N/AN/A0010
2024-03-26$17.23$0.0037.0%10.6%15.7%4.8%0.0%-0.6%-13.3%25-233-20.00136.75N/AN/A0010
2024-03-27$17.47$0.0039.4%11.3%16.2%5.6%0.0%-0.4%-17.2%26-217-20.00138.20N/AN/A0010
2024-03-28$17.61$0.0046.5%13.3%16.3%8.1%0.0%0.1%-10.9%28-409-30.00141.17N/AN/A0010