UGE Options History — August 2024

In August 2024, UGE traded between $17.79 and $20.06. ATM implied volatility averaged 52.8%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 29.3% (HV 20d: 23.5%). 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 5 of 22 days.

Notable Days

  • 2024-08-05: Largest IV spike — 113.1% change
  • 2024-08-12: Highest IV Rank — 29.2%
  • 2024-08-05: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.06$17.79$20.06$18.37$19.98
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV52.8%28.5%103.7%51.6%41.2%
Expected Move11.2%8.2%14.9%14.8%11.8%
HV 20d23.5%17.4%25.4%18.9%23.1%
HV 60d20.9%19.4%21.9%19.9%20.0%
IV Rank11.8%3.6%29.2%11.5%7.9%
IV Percentile41.5%2.4%94.8%60.3%28.6%
Term Structure-4.2%-18.5%43.0%-16.5%-9.5%
Skew 25d2.2%-13.6%22.5%1.6%-0.5%
Skew 10d2.7%-8.1%12.4%5.1%1.9%
Call IV 25d38.1%24.5%71.9%65.5%35.6%
Put IV 25d40.3%26.0%72.3%67.1%35.1%
Bid-Ask Spread %139.47134.13150.91137.87139.11
Gamma HHI0.740.501.000.511.00
Net GEX5034706442
Net DEX-744-1.2K-511-747-711
Net VEX-5-6-3-5-5
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1.5451221

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$18.37$21.0051.6%14.8%18.9%11.5%0.0%1.6%-16.5%64-747-50.00137.87N/AN/A0020
2024-08-02$18.53$21.0042.2%12.1%17.4%8.2%0.0%10.0%0.8%66-701-50.00134.13N/AN/A0020
2024-08-05$17.79$0.0090.0%14.9%23.1%24.5%0.0%1.7%-11.7%49-909-50.00149.99N/AN/A0020
2024-08-06$18.33$0.0083.3%14.1%25.4%22.3%0.0%0.4%-18.5%53-1.2K-60.00150.91N/AN/A0020
2024-08-07$18.30$0.0071.3%11.1%25.4%18.2%0.0%13.8%-6.9%61-658-50.00137.42N/AN/A0020
2024-08-08$18.45$0.0092.7%11.5%25.3%25.5%0.0%22.5%1.5%56-911-50.00146.77N/AN/A0020
2024-08-09$18.50$0.0064.9%11.1%24.9%16.0%0.0%10.3%-3.3%57-853-50.00135.63N/AN/A0020
2024-08-12$18.26$0.00103.7%12.1%25.1%29.2%0.0%1.6%-13.0%54-801-50.00139.41N/AN/A0020
2024-08-13$18.41$0.0095.9%11.1%24.8%26.6%0.0%2.4%-5.1%56-714-50.00137.82N/AN/A0020
2024-08-14$18.71$0.0037.6%10.8%23.4%6.7%0.0%2.0%-8.2%64-511-30.00138.72N/AN/A0020
2024-08-15$19.09$0.0029.6%8.5%24.1%3.9%0.0%1.5%43.0%70-1.1K-60.00135.77N/AN/A0020
2024-08-16$19.13$0.0037.4%10.7%23.8%6.6%0.0%-0.3%-5.2%54-694-50.00136.02N/AN/A0020
2024-08-19$19.27$0.0038.6%11.1%23.8%7.0%0.0%-0.6%-10.9%37-545-50.00141.12N/AN/A0010
2024-08-20$19.44$0.0030.4%8.7%23.6%4.2%0.0%-0.3%-9.0%34-607-50.00136.77N/AN/A0010
2024-08-21$19.64$0.0035.8%10.3%23.6%6.1%0.0%-13.5%-7.6%39-634-50.00138.93N/AN/A0010
2024-08-22$19.64$0.0028.5%8.2%23.7%3.6%0.0%-0.4%12.1%40-616-50.00138.58N/AN/A0010
2024-08-23$19.72$0.0038.7%11.1%23.6%7.0%0.0%-0.6%-7.7%41-653-50.00139.93N/AN/A0010
2024-08-26$20.05$0.0032.9%9.4%24.0%5.0%0.0%1.5%-10.3%45-706-50.00134.60N/AN/A0010
2024-08-27$20.06$0.0041.5%11.9%22.8%8.0%0.0%-13.6%-8.4%38-791-50.00140.44N/AN/A0010
2024-08-28$19.91$0.0040.7%11.7%23.1%7.7%0.0%9.0%-8.7%41-710-50.00139.14N/AN/A0010
2024-08-29$19.75$0.0032.7%9.4%23.0%5.0%0.0%-0.4%10.3%38-686-50.00139.19N/AN/A0010
2024-08-30$19.98$0.0041.2%11.8%23.1%7.9%0.0%-0.5%-9.5%42-711-50.00139.11N/AN/A0010