UGE Options History — May 2024

In May 2024, UGE traded between $16.98 and $18.36. ATM implied volatility averaged 46.7%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 28.7% (HV 20d: 18.0%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days.

Notable Days

  • 2024-05-15: Largest IV drop — 78.6% change
  • 2024-05-14: Highest IV Rank — 21.0%
  • 2024-05-01: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.65$16.98$18.36$16.98$17.58
ATM IV46.7%18.1%84.6%54.7%49.1%
Expected Move10.7%5.2%15.7%15.7%14.1%
HV 20d18.0%15.1%22.3%16.3%22.3%
HV 60d17.7%16.5%19.0%17.5%19.0%
IV Rank8.9%0.0%21.0%10.5%10.6%
IV Percentile43.7%0.0%89.7%67.1%56.0%
Term Structure-5.5%-23.9%44.5%-20.7%-12.8%
Skew 25d-0.8%-16.1%3.2%-0.8%-3.8%
Skew 10d2.2%-10.2%18.4%3.0%4.2%
Call IV 25d39.1%26.9%69.3%47.8%56.3%
Put IV 25d38.3%26.7%71.1%47.0%52.5%
Bid-Ask Spread %138.59133.71140.91139.95137.13
Gamma HHI1.001.001.001.001.00
Net GEX2818372227
Net DEX-290-433-135-209-278
Net VEX-2-3-1-2-2
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
2024-05-01$16.98$0.0054.7%15.7%16.3%10.5%0.0%-0.8%-20.7%22-209-20.00139.95N/AN/A0010
2024-05-02$17.13$0.0052.5%15.1%15.7%9.8%0.0%1.8%-18.0%24-266-20.00138.76N/AN/A0010
2024-05-03$17.26$0.0042.7%12.3%15.9%6.4%0.0%-0.6%-20.2%18-135-10.00139.32N/AN/A0010
2024-05-06$17.13$0.0047.5%10.4%16.2%8.0%0.0%-0.8%-5.7%23-221-20.00140.04N/AN/A0010
2024-05-07$17.52$0.0056.0%7.9%17.8%11.0%0.0%-0.4%8.9%27-272-20.00140.91N/AN/A0010
2024-05-08$17.54$0.0056.7%7.7%17.6%11.2%0.0%-0.4%8.9%27-270-20.00139.41N/AN/A0010
2024-05-09$17.76$0.0073.3%10.0%17.9%17.0%0.0%3.2%-7.8%30-355-30.00140.31N/AN/A0010
2024-05-10$18.02$0.0052.8%9.9%15.4%9.9%0.0%-0.6%-8.2%33-330-30.00138.88N/AN/A0010
2024-05-13$17.87$0.0069.9%10.4%15.1%15.9%0.0%-0.6%-9.4%30-232-20.00138.42N/AN/A0010
2024-05-14$17.80$0.0084.6%10.3%15.4%21.0%0.0%-0.6%-8.1%30-302-20.00139.45N/AN/A0010
2024-05-15$17.80$0.0018.1%5.2%15.6%0.0%0.0%-0.2%10.3%29-217-20.00134.41N/AN/A0010
2024-05-16$18.36$0.0028.3%8.1%18.0%3.5%0.0%-0.3%44.5%37-433-30.00138.19N/AN/A0010
2024-05-17$18.25$0.0030.6%8.8%18.3%4.3%0.0%-0.5%-10.6%36-333-20.00137.38N/AN/A0010
2024-05-20$17.98$0.0037.7%10.8%18.6%6.7%0.0%1.3%-6.2%32-376-30.00139.92N/AN/A0010
2024-05-21$18.13$0.0028.5%8.2%18.6%3.6%0.0%-0.7%-8.7%33-419-30.00133.71N/AN/A0010
2024-05-22$18.04$0.0038.3%11.0%18.2%6.9%0.0%2.2%-7.6%33-381-30.00140.05N/AN/A0010
2024-05-23$17.63$0.0029.2%8.4%20.0%3.8%0.0%-0.2%11.4%28-283-20.00138.24N/AN/A0010
2024-05-24$17.71$0.0039.9%11.4%20.0%7.5%0.0%1.4%-23.9%29-320-20.00137.81N/AN/A0010
2024-05-28$17.39$0.0038.8%11.1%21.2%7.1%0.0%-0.3%-11.5%25-274-20.00136.76N/AN/A0010
2024-05-29$17.24$0.0047.3%13.6%21.4%10.0%0.0%-16.1%-10.6%24-263-20.00140.32N/AN/A0010
2024-05-30$17.21$0.0050.7%14.5%21.3%11.1%0.0%-0.2%-16.0%23-208-20.00139.62N/AN/A0010
2024-05-31$17.58$0.0049.1%14.1%22.3%10.6%0.0%-3.8%-12.8%27-278-20.00137.13N/AN/A0010