UGE Options History — January 2025

In January 2025, UGE traded between $17.00 and $18.57. ATM implied volatility averaged 51.7%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 32.4% (HV 20d: 19.3%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days.

Notable Days

  • 2025-01-14: Largest IV spike — 124.0% change
  • 2025-01-14: Highest IV Rank — 100.0%
  • 2025-01-07: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.61$17.00$18.57$17.97$18.12
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV51.7%30.8%118.0%52.5%47.8%
Expected Move11.8%8.8%16.0%15.1%13.7%
HV 20d19.3%16.1%26.9%16.2%26.3%
HV 60d19.2%17.9%21.9%18.1%21.9%
IV Rank33.8%12.8%100.0%34.7%29.7%
IV Percentile50.4%6.0%100.0%69.4%59.9%
Term Structure-7.0%-19.8%47.9%-19.8%-13.9%
Skew 25d7.9%-25.2%34.6%0.6%-25.2%
Skew 10d15.6%-9.7%81.0%4.9%32.6%
Call IV 25d33.9%19.7%69.3%69.3%56.2%
Put IV 25d41.8%23.1%69.9%69.9%31.0%
Bid-Ask Spread %151.77147.01156.31151.26152.84
Gamma HHI0.950.901.000.990.93
Net GEX5233781.0K816552
Net DEX-5.4K-8.1K-1.7K-4.5K-7.2K
Net VEX-19-25-9-22-17
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1111111111

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$17.97$0.0052.5%15.1%16.2%34.7%0.0%0.6%-19.8%816-4.5K-220.00151.26N/AN/A00110
2025-01-03$17.96$0.0054.4%15.6%16.1%36.6%0.0%19.3%-19.7%808-4.5K-220.00152.87N/AN/A00110
2025-01-06$17.53$19.0047.2%10.1%16.2%29.3%0.0%3.2%-10.3%443-6.1K-240.00151.58N/AN/A00110
2025-01-07$17.40$19.0082.5%16.0%16.1%64.9%0.0%-2.0%-19.1%378-6.5K-250.00156.31N/AN/A00110
2025-01-08$17.46$19.0069.0%11.2%16.5%51.3%0.0%16.2%-7.1%418-6.1K-230.00151.65N/AN/A00110
2025-01-10$17.03$19.0075.9%11.1%16.8%58.2%0.0%23.6%-9.7%382-4.8K-190.00150.64N/AN/A00110
2025-01-13$17.04$19.0052.7%9.2%16.8%34.9%0.0%14.3%7.3%389-4.6K-190.00152.44N/AN/A00110
2025-01-14$17.00$19.00118.0%9.4%16.3%100.0%0.0%24.5%-4.2%392-4.3K-180.00151.33N/AN/A00110
2025-01-15$17.01$19.0041.0%11.7%16.5%22.9%0.0%-10.0%-11.7%410-2.7K-120.00148.94N/AN/A00110
2025-01-16$17.21$19.0040.3%11.5%17.8%22.2%0.0%8.1%47.9%413-5.0K-190.00151.75N/AN/A00110
2025-01-17$17.40$19.0039.3%11.3%18.7%21.2%0.0%6.8%-12.0%444-5.4K-190.00152.92N/AN/A00110
2025-01-21$17.48$19.0041.2%11.8%17.8%23.2%0.0%4.3%-14.7%497-1.7K-90.00150.63N/AN/A00110
2025-01-22$17.42$19.0052.1%14.9%17.6%34.0%0.0%5.1%-14.9%403-6.0K-190.00152.95N/AN/A00110
2025-01-23$17.50$19.0033.0%9.5%17.7%15.0%0.0%22.5%-9.2%474-5.3K-170.00152.03N/AN/A00110
2025-01-24$17.63$19.0032.3%9.2%17.0%14.2%0.0%6.2%9.2%507-5.5K-180.00153.43N/AN/A00110
2025-01-27$18.57$19.0030.8%8.8%25.3%12.8%0.0%34.6%1.9%1.0K-5.6K-160.00147.01N/AN/A00110
2025-01-28$18.08$19.0033.9%9.7%26.9%15.8%0.0%2.5%-10.5%609-6.7K-180.00149.47N/AN/A00110
2025-01-29$18.16$19.0035.9%10.3%26.7%17.8%0.0%0.2%-11.6%592-7.2K-180.00153.43N/AN/A00110
2025-01-30$18.29$19.0054.9%15.7%26.1%36.8%0.0%2.2%-17.4%517-8.1K-190.00151.84N/AN/A00110
2025-01-31$18.12$19.0047.8%13.7%26.3%29.7%0.0%-25.2%-13.9%552-7.2K-170.00152.84N/AN/A00110