UGE Options History — April 2025

In April 2025, UGE traded between $16.50 and $19.44. ATM implied volatility averaged 49.7%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded below realized volatility by 1.7% (HV 20d: 51.4%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days.

Notable Days

  • 2025-04-09: Largest IV drop — 48.7% change
  • 2025-04-08: Highest IV Rank — 76.5%
  • 2025-04-08: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.59$16.50$19.44$19.18$19.00
ATM IV49.7%35.7%104.3%43.0%41.0%
Expected Move12.1%8.4%17.2%8.8%11.8%
HV 20d51.4%31.6%60.5%31.6%58.1%
HV 60d36.7%27.0%41.6%27.4%40.2%
IV Rank28.0%15.6%76.5%22.1%20.3%
IV Percentile44.3%9.9%98.0%40.9%32.1%
Term Structure-5.2%-21.1%42.4%-12.5%-5.2%
Skew 25d4.5%-0.3%13.7%3.1%5.2%
Skew 10d7.0%2.2%14.7%5.4%5.1%
Call IV 25d44.3%30.8%63.0%47.6%46.2%
Put IV 25d48.8%34.1%70.1%50.6%51.4%
Bid-Ask Spread %126.27119.03142.98126.15125.08
Gamma HHI0.620.550.680.590.60
Net GEX277195354291335
Net DEX-11.3K-14.5K-7.2K-13.4K-11.9K
Net VEX-36-40-30-36-34
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI10.61910111110

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$19.18$0.0043.0%8.8%31.6%22.1%0.0%3.1%-12.5%291-13.4K-360.00126.15N/AN/A00101
2025-04-02$19.16$0.0041.2%8.4%31.6%20.5%0.0%3.3%-2.3%297-13.4K-360.00123.05N/AN/A00101
2025-04-03$19.44$0.0056.4%11.0%32.1%34.0%0.0%2.9%-8.6%311-14.5K-300.00132.50N/AN/A00101
2025-04-04$18.08$0.0071.9%13.4%41.0%47.8%0.0%1.2%-10.8%295-10.2K-390.00135.45N/AN/A00101
2025-04-07$17.31$0.00102.8%17.1%43.2%75.2%0.0%7.1%-21.1%206-7.9K-390.00137.32N/AN/A00101
2025-04-08$16.50$0.00104.3%17.2%45.3%76.5%0.0%5.3%-18.5%195-7.2K-380.00129.55N/AN/A00101
2025-04-09$17.86$0.0053.5%15.3%52.0%31.4%0.0%5.5%-10.8%231-8.8K-390.00142.98N/AN/A00101
2025-04-10$17.90$0.0054.0%15.5%51.8%31.9%0.0%5.7%-7.3%206-9.4K-400.00126.26N/AN/A00101
2025-04-11$18.57$0.0038.8%11.1%53.5%18.3%0.0%13.7%0.7%229-10.7K-380.00121.49N/AN/A00101
2025-04-14$19.23$0.0035.9%10.3%54.1%15.8%0.0%6.6%-0.1%273-12.3K-360.00126.23N/AN/A00101
2025-04-15$18.84$0.0035.7%10.2%54.4%15.6%0.0%3.0%-4.4%260-11.9K-370.00122.28N/AN/A00101
2025-04-16$18.30$0.0041.8%12.0%55.4%21.1%0.0%1.8%-9.3%238-10.6K-360.00119.32N/AN/A00101
2025-04-17$19.27$0.0035.8%10.3%58.1%15.7%0.0%5.0%42.4%307-12.4K-360.00121.20N/AN/A00101
2025-04-21$18.67$0.0042.8%12.3%59.4%21.9%0.0%2.3%-3.8%275-11.5K-370.00119.03N/AN/A00100
2025-04-22$19.32$0.0042.1%12.1%60.5%21.3%0.0%1.9%-3.8%284-12.6K-350.00120.29N/AN/A00100
2025-04-23$19.01$0.0038.1%10.9%60.4%17.8%0.0%2.3%3.4%293-12.1K-360.00125.46N/AN/A00100
2025-04-24$18.77$0.0039.8%11.4%59.9%19.3%0.0%11.2%-5.5%297-11.5K-350.00125.10N/AN/A00100
2025-04-25$18.62$0.0039.5%11.3%59.3%19.0%0.0%-0.3%-5.7%311-11.2K-340.00120.63N/AN/A00100
2025-04-28$18.53$0.0043.3%12.4%59.2%22.4%0.0%1.6%-12.9%322-11.4K-340.00127.36N/AN/A00100
2025-04-29$18.76$0.0041.5%11.9%57.9%20.7%0.0%6.4%-12.4%354-11.5K-340.00124.88N/AN/A00100
2025-04-30$19.00$0.0041.0%11.8%58.1%20.3%0.0%5.2%-5.2%335-11.9K-340.00125.08N/AN/A00100