UGE Options History — January 2026

In January 2026, UGE traded between $16.27 and $19.09. ATM implied volatility averaged 36.3%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 13.7% (HV 20d: 22.6%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-01-30: Highest Volume — 6 contracts
  • 2026-01-14: Largest IV drop — 65.0% change
  • 2026-01-13: Highest IV Rank — 41.8%
  • 2026-01-02: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.07$16.27$19.09$16.68$19.09
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV36.3%23.4%66.8%43.5%34.3%
Expected Move8.6%5.4%12.5%12.5%9.8%
HV 20d22.6%13.3%27.2%13.9%27.2%
HV 60d24.1%22.4%25.1%22.7%23.2%
IV Rank14.1%2.4%41.8%20.7%12.3%
IV Percentile37.1%0.8%95.6%69.0%32.1%
Term Structure-1.7%-13.4%10.8%-13.4%-3.5%
VWIV28.3%18.4%40.4%18.4%26.2%
Skew 25d2.2%-7.2%13.4%3.9%4.5%
Skew 10d4.4%-3.3%34.5%5.3%4.8%
Call IV 25d31.3%18.7%53.8%53.8%38.9%
Put IV 25d33.5%18.8%57.7%57.7%43.4%
Bid-Ask Spread %126.23121.00130.77129.08123.89
Gamma HHI0.310.250.440.320.28
Net GEX1.1K9251.6K9251.2K
Net DEX-36.3K-43.6K-21.2K-25.5K-43.6K
Net VEX-92-107-74-107-83
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.550606
Total OI33.2533343333

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$16.68$0.0043.5%12.5%13.9%20.7%0.0%3.9%-13.4%925-25.5K-1070.00129.08N/AN/A00330
2026-01-05$16.57$15.0052.2%9.3%13.4%28.6%0.0%2.1%-4.0%949-24.5K-1050.00126.83N/AN/A00330
2026-01-06$16.62$15.0036.5%7.6%13.3%14.3%0.0%-0.1%-4.7%1.0K-24.1K-1010.00125.42N/AN/A00330
2026-01-07$16.27$15.0036.6%6.8%14.2%14.4%0.0%-1.0%3.2%960-21.2K-970.00127.18N/AN/A00330
2026-01-08$17.01$15.0046.1%9.0%21.6%23.0%0.0%5.2%-11.6%1.1K-26.4K-1010.00125.76N/AN/A00330
2026-01-09$17.36$15.0044.0%8.1%22.7%21.1%0.0%-0.1%8.7%1.1K-30.7K-1030.00126.71N/AN/A20330
2026-01-12$17.72$15.0042.8%10.0%23.2%20.0%0.0%3.4%3.2%1.3K-33.8K-1030.00125.56N/AN/A00340
2026-01-13$18.11$15.0066.8%5.4%24.0%41.8%0.0%0.1%10.6%1.6K-37.5K-860.00122.46N/AN/A00340
2026-01-14$18.63$15.0023.4%6.7%25.7%2.4%0.0%2.3%7.7%1.4K-42.1K-860.00129.38N/AN/A00340
2026-01-15$18.70$15.0025.9%7.4%25.5%4.6%0.0%-7.2%10.8%1.2K-42.7K-910.00126.50N/AN/A00340
2026-01-16$18.52$15.0032.7%9.4%25.9%10.9%0.0%2.4%-2.1%1.1K-41.5K-960.00128.68N/AN/A00340
2026-01-20$18.70$15.0027.9%8.0%25.8%6.4%18.4%13.4%-2.0%1.2K-41.0K-880.00126.39N/AN/A10330
2026-01-21$18.77$15.0034.7%9.9%25.3%12.7%0.0%3.8%-3.9%1.1K-41.4K-900.00128.51N/AN/A00330
2026-01-22$18.66$15.0035.4%10.1%24.6%13.3%0.0%3.2%-3.7%1.1K-40.8K-890.00130.77N/AN/A00330
2026-01-23$18.91$15.0033.4%9.6%24.4%11.5%0.0%2.4%-4.0%1.1K-42.6K-880.00128.57N/AN/A00330
2026-01-26$18.92$15.0029.5%8.5%24.5%8.0%0.0%-0.8%-12.7%1.2K-42.6K-820.00121.00N/AN/A00330
2026-01-27$19.01$15.0023.9%6.8%24.5%2.8%0.0%0.3%-4.4%1.1K-43.2K-740.00123.89N/AN/A00330
2026-01-28$18.60$15.0032.3%9.3%26.4%10.5%0.0%3.0%-4.7%1.1K-40.8K-830.00123.58N/AN/A00330
2026-01-29$18.55$15.0024.0%6.9%26.4%3.0%40.4%3.4%-3.5%1.2K-40.2K-820.00124.38N/AN/A20330
2026-01-30$19.09$15.0034.3%9.8%27.2%12.3%26.2%4.5%-3.5%1.2K-43.6K-830.00123.89N/AN/A60330