UGE Options History — August 2025

In August 2025, UGE traded between $18.04 and $19.41. ATM implied volatility averaged 38.7%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 18.3% (HV 20d: 20.4%). Max pain ranged from $17.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-08-15: Highest Volume — 14 contracts
  • 2025-08-13: Largest IV drop — 61.2% change
  • 2025-08-12: Highest IV Rank — 47.0%
  • 2025-08-01: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.70$18.04$19.41$18.09$18.23
Max Pain$19.63$17.00$20.00$17.00$20.00
ATM IV38.7%20.8%74.2%43.4%35.9%
Expected Move8.7%6.0%12.4%12.4%10.3%
HV 20d20.4%17.7%24.0%17.7%23.3%
HV 60d21.4%20.4%22.4%21.5%21.8%
IV Rank15.1%0.0%47.0%18.2%13.8%
IV Percentile32.3%0.0%89.7%54.0%27.0%
Term Structure-2.7%-15.4%5.2%-15.4%-6.6%
VWIV16.2%16.2%16.2%16.2%16.2%
Skew 25d0.7%-11.8%6.2%2.0%4.2%
Skew 10d3.7%-9.2%18.2%18.2%4.4%
Call IV 25d33.9%25.7%49.6%49.6%40.5%
Put IV 25d34.6%20.5%51.6%51.6%44.7%
Bid-Ask Spread %125.93114.30129.69125.63129.69
Gamma HHI0.410.330.580.410.41
Net GEX9621841.9K1.8K305
Net DEX-22.5K-47.2K-4.0K-28.8K-5.9K
Net VEX-30-50-10-50-26
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.04801400
Total OI23.52411353412

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$18.09$17.0043.4%12.4%17.7%18.2%0.0%2.0%-15.4%1.8K-28.8K-500.00125.63N/AN/A00340
2025-08-04$18.25$0.0046.6%8.6%18.1%21.2%0.0%2.4%-5.2%1.9K-31.2K-470.00128.57N/AN/A00340
2025-08-05$18.20$0.0046.9%8.5%17.7%21.4%0.0%2.9%5.2%1.9K-30.7K-490.00127.27N/AN/A00340
2025-08-06$18.79$0.0046.3%7.8%20.1%20.9%0.0%4.1%0.4%1.7K-37.0K-430.00124.33N/AN/A00340
2025-08-07$18.98$0.0047.9%7.9%19.8%22.4%0.0%2.6%3.0%1.6K-39.1K-400.00125.18N/AN/A00340
2025-08-08$19.05$0.0052.3%8.2%19.5%26.5%0.0%2.6%-0.4%1.6K-39.7K-380.00128.03N/AN/A00340
2025-08-11$19.08$0.0064.3%8.1%19.4%37.8%0.0%1.4%0.1%1.6K-40.3K-350.00126.83N/AN/A00340
2025-08-12$19.08$0.0074.2%8.3%18.5%47.0%0.0%2.1%3.3%1.6K-40.7K-370.00128.88N/AN/A10340
2025-08-13$19.17$0.0028.8%8.3%18.5%4.5%0.0%2.9%-0.4%1.5K-43.4K-310.00122.34N/AN/A60350
2025-08-14$18.81$0.0029.0%8.3%19.2%4.7%0.0%2.2%-1.8%1.8K-38.9K-320.00122.90N/AN/A00350
2025-08-15$18.88$0.0028.8%8.3%19.2%4.5%0.0%3.4%-3.4%289-47.2K-230.00127.00N/AN/A140350
2025-08-18$18.78$0.0020.8%6.0%19.3%0.0%0.0%-5.2%1.1%184-4.1K-100.00114.30N/AN/A00110
2025-08-19$19.09$0.0028.8%8.2%19.6%7.3%0.0%-9.9%-3.2%285-5.3K-190.00122.80N/AN/A00110
2025-08-20$19.41$0.0029.9%8.6%20.3%8.3%16.2%6.2%-3.2%320-7.7K-330.00129.38N/AN/A10110
2025-08-21$18.98$20.0031.6%9.1%22.0%9.9%0.0%-11.8%-4.5%365-6.1K-220.00125.68N/AN/A00120
2025-08-22$18.98$20.0031.0%8.9%22.0%9.3%0.0%2.0%-3.2%368-6.3K-230.00128.42N/AN/A00120
2025-08-25$18.39$20.0027.9%8.0%23.7%6.5%0.0%-5.4%-5.1%311-5.4K-230.00123.01N/AN/A00120
2025-08-26$18.13$20.0035.1%10.1%24.0%13.0%0.0%2.0%-6.0%284-4.8K-200.00127.25N/AN/A00120
2025-08-27$18.19$20.0029.5%8.5%23.2%8.0%0.0%2.1%-6.2%292-5.0K-200.00128.14N/AN/A00120
2025-08-28$18.04$20.0034.0%9.7%23.1%12.0%0.0%1.2%-5.6%256-4.0K-150.00128.94N/AN/A00120
2025-08-29$18.23$20.0035.9%10.3%23.3%13.8%0.0%4.2%-6.6%305-5.9K-260.00129.69N/AN/A00120