UGE Options History — July 2024

In July 2024, UGE traded between $17.30 and $18.47. ATM implied volatility averaged 42.5%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 23.8% (HV 20d: 18.7%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2024-07-18: Largest IV spike — 49.2% change
  • 2024-07-01: Highest IV Rank — 12.3%
  • 2024-07-01: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.93$17.30$18.47$17.30$18.04
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV42.5%29.5%54.2%54.2%51.6%
Expected Move11.6%8.0%15.5%15.5%14.8%
HV 20d18.7%17.6%20.2%18.9%18.0%
HV 60d19.3%18.8%19.8%18.9%19.6%
IV Rank8.4%3.9%12.3%12.3%11.4%
IV Percentile35.7%4.0%67.9%67.1%59.9%
Term Structure-12.7%-20.0%6.1%-18.4%-18.0%
Skew 25d0.2%-14.6%16.6%-0.1%15.6%
Skew 10d3.6%-14.8%17.8%4.9%2.5%
Call IV 25d42.9%28.6%65.5%62.7%45.7%
Put IV 25d43.1%27.9%63.0%62.6%61.3%
Bid-Ask Spread %138.35134.33141.43137.37136.20
Gamma HHI0.510.500.550.500.51
Net GEX5234664454
Net DEX-631-773-391-513-628
Net VEX-5-6-4-5-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$17.30$0.0054.2%15.5%18.9%12.3%0.0%-0.1%-18.4%44-513-50.00137.37N/AN/A0020
2024-07-02$17.45$0.0044.2%12.7%18.9%8.9%0.0%-0.7%-20.0%36-391-40.00140.50N/AN/A0020
2024-07-03$17.43$0.0047.2%13.5%17.8%10.0%0.0%-2.5%-19.5%47-608-50.00141.43N/AN/A0020
2024-07-05$17.84$21.0041.9%10.4%19.6%8.1%0.0%-0.7%-10.6%53-563-50.00136.94N/AN/A0020
2024-07-08$17.77$21.0047.3%8.0%19.0%10.0%0.0%-0.6%-3.5%48-607-60.00135.44N/AN/A0020
2024-07-09$17.73$21.0049.6%8.4%18.5%10.8%0.0%-0.6%6.1%48-619-60.00136.83N/AN/A0020
2024-07-10$17.79$21.0038.0%10.9%18.6%6.8%0.0%-2.8%-11.0%51-679-60.00140.57N/AN/A0020
2024-07-11$17.68$21.0038.0%10.9%18.7%6.8%0.0%1.1%-13.2%51-648-60.00139.89N/AN/A0020
2024-07-12$17.93$21.0038.4%11.0%17.7%6.9%0.0%1.1%-12.8%56-714-60.00140.08N/AN/A0020
2024-07-15$17.73$21.0040.3%11.6%18.3%7.6%0.0%-0.8%-16.9%49-644-50.00138.75N/AN/A0020
2024-07-16$17.96$21.0029.9%8.6%18.8%4.0%0.0%3.0%-8.1%53-612-50.00138.31N/AN/A0020
2024-07-17$18.47$21.0029.5%8.5%19.7%3.9%0.0%-0.3%-15.5%66-722-60.00137.10N/AN/A0020
2024-07-18$18.30$21.0044.0%12.6%20.0%8.9%0.0%14.9%-12.3%63-773-60.00137.99N/AN/A0020
2024-07-19$18.15$21.0031.9%9.1%20.2%4.7%0.0%-11.7%-9.8%57-639-50.00138.64N/AN/A0020
2024-07-22$18.15$21.0044.4%12.7%20.2%9.0%0.0%1.2%-11.9%59-758-60.00139.78N/AN/A0020
2024-07-23$18.02$21.0044.2%12.7%19.0%8.9%0.0%16.6%-11.8%57-688-50.00139.53N/AN/A0020
2024-07-24$18.00$21.0044.5%12.8%18.2%9.0%0.0%-0.7%-11.6%53-573-50.00138.77N/AN/A0020
2024-07-25$18.06$21.0037.5%10.8%18.2%6.6%0.0%1.9%-13.1%34-506-50.00134.33N/AN/A0020
2024-07-26$18.23$21.0046.8%13.4%18.0%9.8%0.0%-14.6%-12.8%61-690-50.00138.98N/AN/A0020
2024-07-29$18.35$21.0038.5%11.0%17.6%7.0%0.0%-14.4%-16.3%58-672-50.00138.16N/AN/A0020
2024-07-30$18.05$21.0054.1%15.5%18.2%12.3%0.0%-0.8%-18.1%56-625-50.00138.13N/AN/A0020
2024-07-31$18.04$21.0051.6%14.8%18.0%11.4%0.0%15.6%-18.0%54-628-50.00136.20N/AN/A0020