UGE Options History — April 2024

In April 2024, UGE traded between $16.05 and $17.36. ATM implied volatility averaged 44.6%, placing in the 7.3% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 26.6% (HV 20d: 18.1%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days.

Notable Days

  • 2024-04-05: Largest IV spike — 45.0% change
  • 2024-04-05: Highest IV Rank — 13.0%
  • 2024-04-01: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.74$16.05$17.36$17.36$17.07
ATM IV44.6%30.2%60.8%54.9%52.9%
Expected Move11.7%8.4%15.7%15.7%15.2%
HV 20d18.1%16.6%19.8%17.1%17.9%
HV 60d18.8%17.7%19.5%18.4%17.7%
IV Rank7.3%2.4%13.0%11.0%9.9%
IV Percentile40.9%5.2%76.6%65.9%62.3%
Term Structure-7.0%-17.5%41.0%-17.0%-17.5%
Skew 25d0.8%-15.3%14.0%1.2%1.4%
Skew 10d0.8%-12.4%6.5%5.4%5.5%
Call IV 25d44.1%30.2%66.3%64.4%66.3%
Put IV 25d44.8%30.2%67.7%65.7%67.7%
Bid-Ask Spread %139.32136.15142.08142.08140.79
Gamma HHI1.001.001.001.001.00
Net GEX2014262623
Net DEX-202-308-123-308-248
Net VEX-2-3-1-3-2
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$17.36$0.0054.9%15.7%17.1%11.0%0.0%1.2%-17.0%26-308-30.00142.08N/AN/A0010
2024-04-02$17.12$0.0051.9%14.9%18.0%9.9%0.0%1.6%-16.0%23-219-20.00140.06N/AN/A0010
2024-04-03$16.77$0.0042.5%12.2%19.6%6.7%0.0%12.2%6.9%20-178-20.00138.94N/AN/A0010
2024-04-04$16.56$0.0041.9%10.6%19.0%6.5%0.0%14.0%-11.8%19-194-20.00139.03N/AN/A0010
2024-04-05$16.61$0.0060.8%11.0%18.3%13.0%0.0%9.9%-12.6%19-183-20.00138.73N/AN/A0010
2024-04-08$16.59$0.0056.6%9.0%17.6%11.6%0.0%0.0%7.1%17-141-20.00136.20N/AN/A0010
2024-04-09$16.69$0.0058.2%8.4%17.4%12.1%0.0%-0.0%-3.7%18-148-20.00138.83N/AN/A0010
2024-04-10$16.63$0.0039.2%11.2%16.9%5.5%0.0%5.2%-12.3%20-214-20.00139.86N/AN/A0010
2024-04-11$16.59$0.0030.2%8.6%16.8%2.4%0.0%-0.4%5.9%18-183-20.00138.11N/AN/A0010
2024-04-12$16.22$0.0033.2%9.5%17.5%3.4%0.0%-15.0%-13.7%14-123-10.00139.01N/AN/A0010
2024-04-15$16.05$0.0043.7%12.5%17.7%7.1%0.0%1.3%-14.0%16-175-20.00137.57N/AN/A0010
2024-04-16$16.10$0.0045.6%13.1%16.6%7.8%0.0%2.2%-14.9%16-194-20.00140.73N/AN/A0010
2024-04-17$16.18$0.0045.5%13.1%16.7%7.7%0.0%-15.3%-13.6%17-198-20.00140.09N/AN/A0010
2024-04-18$16.36$0.0037.5%10.8%17.3%4.9%0.0%-1.0%41.0%18-216-20.00141.20N/AN/A0010
2024-04-19$16.58$0.0036.9%10.6%17.8%4.3%0.0%-0.6%10.2%20-237-20.00141.78N/AN/A0010
2024-04-22$16.92$0.0045.3%13.0%19.2%7.2%0.0%-0.6%-13.2%21-213-20.00137.41N/AN/A0010
2024-04-23$17.02$0.0046.1%13.2%19.0%7.5%0.0%-0.8%-10.5%23-242-20.00141.38N/AN/A0010
2024-04-24$17.29$0.0045.0%12.9%19.8%7.2%0.0%2.4%-9.6%25-239-20.00136.15N/AN/A0010
2024-04-25$17.15$0.0037.3%10.7%19.3%4.5%0.0%-0.7%-14.8%23-232-20.00138.30N/AN/A0010
2024-04-26$17.18$0.0037.4%10.7%19.1%4.5%0.0%0.4%-13.9%23-225-20.00140.13N/AN/A0010
2024-04-29$17.17$0.0038.7%11.1%18.4%5.0%0.0%-0.7%-15.5%18-132-10.00138.67N/AN/A0010
2024-04-30$17.07$0.0052.9%15.2%17.9%9.9%0.0%1.4%-17.5%23-248-20.00140.79N/AN/A0010