UGE Options History — September 2024

In September 2024, UGE traded between $20.07 and $20.82. ATM implied volatility averaged 42.4%, placing in the 8.3% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 25.8% (HV 20d: 16.6%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-09-06: Highest Volume — 10 contracts
  • 2024-09-26: Largest IV spike — 77.0% change
  • 2024-09-26: Highest IV Rank — 14.9%
  • 2024-09-26: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.36$20.07$20.82$20.27$20.34
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV42.4%31.8%61.6%46.8%46.0%
Expected Move11.4%8.9%17.7%13.4%13.2%
HV 20d16.6%13.6%18.8%16.4%17.4%
HV 60d19.9%19.3%20.4%20.0%19.3%
IV Rank8.3%4.7%14.9%9.8%9.5%
IV Percentile34.1%7.9%81.0%52.8%53.2%
Term Structure-9.0%-20.5%-1.7%-11.8%-10.3%
Skew 25d2.9%-8.1%32.5%0.1%-0.6%
Skew 10d6.1%-8.3%88.1%1.4%1.9%
Call IV 25d37.3%26.4%73.1%38.8%38.9%
Put IV 25d40.2%25.8%75.1%39.0%38.4%
Bid-Ask Spread %139.67135.92151.22138.97138.98
Gamma HHI0.570.451.001.000.46
Net GEX-420-1.2K24340178
Net DEX307-12.5K9.2K-817-12.0K
Net VEX-30-58-5-5-54
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.201040
Total OI13.15116115

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$20.27$0.0046.8%13.4%16.4%9.8%0.0%0.1%-11.8%40-817-50.00138.97N/AN/A0410
2024-09-04$20.45$0.0040.3%11.5%13.9%7.6%0.0%-0.7%-20.5%-2132.4K-160.00139.34N/AN/A0014
2024-09-05$20.33$20.0038.8%10.4%14.3%7.1%0.0%-0.6%-5.8%-2152.5K-160.00138.49N/AN/A0014
2024-09-06$20.24$20.0043.5%10.2%14.6%8.7%0.0%-0.7%-1.7%-1912.7K-160.00136.83N/AN/A01014
2024-09-09$20.54$20.0046.5%8.9%15.0%9.7%0.0%32.5%-14.5%-1.2K6.6K-240.00135.92N/AN/A00114
2024-09-10$20.53$20.0060.8%10.2%13.6%14.6%0.0%2.2%-5.1%-7227.1K-260.00139.38N/AN/A00114
2024-09-11$20.10$20.0036.5%10.5%16.6%6.3%0.0%9.8%-4.9%-8488.5K-260.00137.93N/AN/A00114
2024-09-12$20.44$20.0036.0%10.3%16.6%6.1%0.0%-8.1%-3.8%-9176.7K-240.00138.22N/AN/A00115
2024-09-13$20.65$20.0035.5%10.2%15.7%6.0%0.0%2.7%-3.4%-8405.9K-230.00139.78N/AN/A00115
2024-09-16$20.82$20.0036.5%10.5%15.8%6.3%0.0%-3.9%-5.8%-7844.9K-200.00138.82N/AN/A00115
2024-09-17$20.45$20.0042.0%12.0%17.6%8.2%0.0%-0.1%-8.0%-9176.7K-200.00138.30N/AN/A00115
2024-09-18$20.25$20.0040.8%11.7%18.0%7.8%0.0%15.6%-4.9%-7359.2K-200.00148.10N/AN/A00115
2024-09-19$20.07$20.0040.1%11.5%18.1%7.5%0.0%2.4%-7.3%-9429.0K-180.00139.84N/AN/A00115
2024-09-20$20.12$20.0039.6%11.4%18.1%7.3%0.0%-0.4%-8.8%-1.1K5.3K-140.00139.47N/AN/A100115
2024-09-23$20.44$20.0031.8%9.1%18.8%4.7%0.0%0.1%-8.1%162-12.5K-570.00136.46N/AN/A00114
2024-09-24$20.37$20.0043.6%12.5%18.1%8.7%0.0%0.5%-14.7%190-12.1K-560.00139.13N/AN/A00114
2024-09-25$20.24$20.0034.8%10.0%18.3%5.7%0.0%2.0%-10.2%224-10.8K-550.00137.78N/AN/A00114
2024-09-26$20.26$20.0061.6%17.7%18.0%14.9%0.0%2.0%-19.3%243-11.4K-580.00151.22N/AN/A00114
2024-09-27$20.37$20.0046.5%13.3%17.8%9.7%0.0%2.3%-11.0%198-12.0K-550.00140.51N/AN/A00114
2024-09-30$20.34$20.0046.0%13.2%17.4%9.5%0.0%-0.6%-10.3%178-12.0K-540.00138.98N/AN/A00114