UGE Options History — March 2025

In March 2025, UGE traded between $17.94 and $20.05. ATM implied volatility averaged 47.0%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 19.1% (HV 20d: 27.9%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-03-28: Highest Volume — 8 contracts
  • 2025-03-11: Largest IV drop — 28.2% change
  • 2025-03-10: Highest IV Rank — 36.3%
  • 2025-03-14: Largest Expected Move — 21.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.82$17.94$20.05$20.05$19.31
Max Pain$19.00$19.00$19.00$19.00$19.00
ATM IV47.0%40.0%59.0%48.7%40.0%
Expected Move13.4%8.4%21.9%14.0%8.4%
HV 20d27.9%22.8%32.3%22.8%32.3%
HV 60d24.9%22.8%27.3%22.8%27.3%
IV Rank25.6%19.4%36.3%27.2%19.4%
IV Percentile53.9%27.8%79.0%59.5%27.8%
Term Structure-9.4%-19.2%-0.6%-12.5%-10.1%
VWIV41.9%24.1%59.7%24.1%59.7%
Skew 25d0.8%-16.0%18.4%-9.7%5.0%
Skew 10d3.2%-12.1%20.7%2.1%6.4%
Call IV 25d45.0%27.0%61.6%38.0%44.0%
Put IV 25d45.8%28.3%60.8%28.3%49.0%
Bid-Ask Spread %132.68123.78136.74134.54123.78
Gamma HHI0.500.341.001.000.60
Net GEX18-7530297302
Net DEX-931-13.4K1.2K-1.8K-13.4K
Net VEX-11-36-8-11-36
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5710810
Total OI3.571211211

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$20.05$0.0048.7%14.0%22.8%27.2%24.1%-9.7%-12.5%97-1.8K-110.00134.54N/AN/A0120
2025-03-04$19.66$19.0049.7%14.2%24.4%28.0%59.7%-0.8%-19.2%27-1.1K-120.00128.50N/AN/A0121
2025-03-05$19.62$19.0052.9%15.2%23.3%30.9%0.0%2.3%-5.1%27-882-120.00131.72N/AN/A0021
2025-03-06$19.69$19.0054.5%15.6%23.2%32.3%0.0%3.5%-5.2%2-979-120.00132.57N/AN/A0021
2025-03-07$19.70$19.0053.2%15.3%23.2%31.2%0.0%-2.2%-6.1%6-1.2K-120.00132.94N/AN/A0021
2025-03-10$19.73$19.0059.0%16.9%23.2%36.3%0.0%-1.2%-0.6%27-1.0K-110.00127.02N/AN/A1021
2025-03-11$19.27$19.0042.4%21.4%25.0%21.5%0.0%13.4%-7.2%15-683-110.00132.19N/AN/A0021
2025-03-12$18.32$19.0044.1%16.3%30.5%23.1%0.0%7.2%-8.1%-3-80-100.00128.62N/AN/A0021
2025-03-13$18.12$19.0043.4%21.2%30.7%22.4%0.0%1.6%-6.3%283-90.00130.95N/AN/A0021
2025-03-14$18.13$19.0044.0%21.9%29.5%23.0%0.0%-5.0%-11.8%5152-90.00133.38N/AN/A0121
2025-03-17$18.63$0.0041.8%9.8%30.8%21.0%0.0%-4.2%-7.6%-43377-110.00136.32N/AN/A0022
2025-03-18$18.38$0.0045.8%10.2%31.1%24.6%0.0%-12.4%-10.6%-53628-100.00135.06N/AN/A0022
2025-03-19$18.29$0.0043.6%10.1%30.4%22.7%0.0%3.9%-7.6%-43663-100.00135.14N/AN/A0022
2025-03-20$18.08$0.0044.7%10.3%30.5%23.7%0.0%1.9%-10.1%-46858-90.00135.33N/AN/A0022
2025-03-21$18.05$0.0045.0%10.0%28.7%23.8%0.0%-16.0%-9.9%-751.2K-90.00134.21N/AN/A0022
2025-03-24$18.27$0.0047.3%10.2%29.0%25.9%0.0%18.4%-11.2%17-426-90.00136.74N/AN/A0021
2025-03-25$17.94$0.0046.7%10.1%27.8%25.4%0.0%1.0%-12.1%11-231-90.00135.74N/AN/A0021
2025-03-26$18.43$0.0045.3%9.7%28.7%24.2%0.0%3.6%-10.3%27-551-90.00132.78N/AN/A0021
2025-03-27$18.88$0.0046.3%9.8%30.3%25.0%0.0%4.9%-11.4%40-863-90.00134.69N/AN/A0021
2025-03-28$18.64$0.0047.6%10.0%29.6%26.2%0.0%2.5%-14.0%43-444-80.00134.17N/AN/A8021
2025-03-31$19.31$0.0040.0%8.4%32.3%19.4%0.0%5.0%-10.1%302-13.4K-360.00123.78N/AN/A00101