UGE Options History — November 2024

In November 2024, UGE traded between $18.57 and $20.16. ATM implied volatility averaged 71.3%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded above realized volatility by 52.6% (HV 20d: 18.7%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days.

Notable Days

  • 2024-11-04: Largest IV spike — 46.1% change
  • 2024-11-29: Highest IV Rank — 23.4%
  • 2024-11-29: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.16$18.57$20.16$18.81$20.16
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV71.3%43.0%86.7%43.0%86.7%
Expected Move20.7%12.3%24.9%12.3%24.9%
HV 20d18.7%15.0%21.8%16.1%20.8%
HV 60d18.1%17.1%19.0%17.2%18.9%
IV Rank18.2%8.5%23.4%8.5%23.4%
IV Percentile83.8%44.8%89.7%44.8%89.7%
Term Structure0.5%-10.8%20.9%7.4%-9.0%
Skew 25d95.1%3.8%119.1%3.8%119.1%
Skew 10d123.5%-16.9%148.1%-16.9%144.8%
Call IV 25d48.2%20.0%63.2%54.1%50.8%
Put IV 25d143.3%58.0%169.9%58.0%169.9%
Bid-Ask Spread %157.26149.46158.68149.46158.05
Gamma HHI0.760.580.940.580.82
Net GEX454225714264225
Net DEX-7.7K-13.4K-3.2K-6.0K-13.4K
Net VEX-36-42-31-42-40
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI12.111131311

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$18.81$20.0043.0%12.3%16.1%8.5%0.0%3.8%7.4%264-6.0K-420.00149.46N/AN/A00112
2024-11-04$18.91$0.0062.9%21.2%15.0%15.3%0.0%85.2%2.8%325-6.1K-400.00157.12N/AN/A00112
2024-11-05$19.10$0.0064.6%19.1%15.1%15.9%0.0%89.4%5.2%347-6.5K-390.00158.06N/AN/A00112
2024-11-06$18.57$0.0083.8%18.7%17.3%22.4%0.0%82.2%-0.9%349-4.9K-380.00157.03N/AN/A00112
2024-11-07$18.77$0.0053.6%21.0%17.8%12.1%0.0%92.2%1.6%364-5.1K-370.00157.40N/AN/A00112
2024-11-08$19.13$0.0067.6%20.6%18.8%16.9%0.0%79.5%2.1%450-6.5K-380.00157.70N/AN/A00112
2024-11-11$18.99$0.0070.9%20.3%18.6%18.0%0.0%96.7%0.3%378-5.8K-360.00157.87N/AN/A00112
2024-11-12$19.09$0.0077.8%21.1%18.1%20.4%0.0%96.5%-1.4%402-6.3K-370.00157.85N/AN/A00112
2024-11-13$19.13$0.0066.5%19.1%18.1%16.5%0.0%97.7%18.2%422-6.3K-360.00157.78N/AN/A00112
2024-11-14$19.06$0.0073.0%20.9%17.8%18.7%0.0%100.5%-5.3%515-5.5K-340.00158.06N/AN/A00112
2024-11-15$18.69$0.0072.9%20.9%18.8%18.7%0.0%104.1%-6.6%599-3.2K-310.00158.34N/AN/A00112
2024-11-18$18.93$0.0068.1%19.5%19.2%17.1%0.0%107.1%10.5%678-7.8K-320.00158.06N/AN/A00110
2024-11-19$18.95$0.0067.9%19.5%18.6%17.0%0.0%105.2%8.8%714-7.8K-310.00156.77N/AN/A00110
2024-11-20$18.71$0.0064.6%18.5%19.0%15.9%0.0%105.5%20.9%607-7.4K-340.00155.46N/AN/A00110
2024-11-21$19.13$0.0081.1%23.2%20.9%21.5%0.0%108.0%-10.8%677-8.7K-330.00157.77N/AN/A00110
2024-11-22$19.52$0.0076.4%21.9%21.6%19.9%0.0%102.0%-8.0%346-11.8K-410.00157.71N/AN/A00110
2024-11-25$19.69$0.0078.7%22.6%21.8%20.7%0.0%98.6%-7.6%691-11.0K-340.00158.68N/AN/A00110
2024-11-26$19.91$0.0081.9%23.5%20.9%21.8%0.0%113.4%-9.2%448-11.4K-350.00158.05N/AN/A00110
2024-11-27$19.93$0.0084.9%24.3%20.5%22.8%0.0%115.8%-9.7%283-12.1K-390.00158.05N/AN/A00110
2024-11-29$20.16$0.0086.7%24.9%20.8%23.4%0.0%119.1%-9.0%225-13.4K-400.00158.05N/AN/A00110