UGE Options History — March 2026

In March 2026, UGE traded between $18.00 and $21.66. ATM implied volatility averaged 35.1%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 5.8% (HV 20d: 29.4%). Max pain ranged from $11.00 to $20.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.69.

Notable Days

  • 2026-03-05: Highest Volume — 305 contracts
  • 2026-03-18: Largest IV spike — 133.3% change
  • 2026-03-19: Highest IV Rank — 39.7%
  • 2026-03-19: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.30$18.00$21.66$21.66$18.35
Max Pain$17.92$11.00$20.00$11.00$20.00
ATM IV35.1%16.2%53.9%40.7%28.2%
Expected Move10.9%8.1%14.5%11.7%8.1%
HV 20d29.4%27.1%31.6%28.7%27.6%
HV 60d27.9%24.4%29.7%24.4%29.6%
IV Rank17.1%0.0%39.7%18.1%8.9%
IV Percentile44.3%0.0%93.7%67.5%7.5%
Term Structure-8.1%-24.4%4.9%-7.9%4.9%
VWIV34.3%34.3%34.3%34.3%34.3%
Skew 25d3.4%-1.1%12.2%5.4%3.5%
Skew 10d4.9%-7.6%14.0%1.6%2.2%
Call IV 25d39.9%27.7%54.6%34.7%41.4%
Put IV 25d43.4%29.7%57.0%40.1%44.9%
Bid-Ask Spread %77.8345.30126.64124.0548.99
Gamma HHI0.350.240.650.650.31
Net GEX-40.1K-55.0K-21.2K-26.9K-44.7K
Net DEX1.6M828.8K2.1M828.8K2.0M
Net VEX-2.5K-3.1K-2.0K-2.1K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.690.007.500.000.00
Total Volume38.7730305280
Total OI1,432.2739081,6649081,647

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$21.66$11.0040.7%11.7%28.7%18.1%0.0%5.4%-7.9%-26.9K828.8K-2.1K0.00124.05N/AN/A02892816
2026-03-03$21.21$11.0042.6%12.2%28.9%19.9%0.0%3.2%3.0%-25.7K920.0K-2.2K0.00123.91N/AN/A0092844
2026-03-04$20.88$11.0040.1%11.5%28.0%23.1%0.0%-0.2%1.9%-24.5K932.0K-2.1K0.00124.87N/AN/A0092844
2026-03-05$19.95$0.0050.2%10.5%31.2%35.2%0.0%3.4%-5.7%-21.2K970.7K-2.0K0.00126.64N/AN/A030592844
2026-03-06$20.09$0.0037.5%11.2%31.4%20.0%0.0%5.3%-2.0%-35.4K1.3M-2.7K0.00126.28N/AN/A055921,149
2026-03-09$20.23$0.0043.6%10.9%30.2%27.4%0.0%12.2%-4.8%-38.6K1.3M-2.8K0.00123.02N/AN/A041921,204
2026-03-10$20.13$0.0047.1%10.8%30.1%31.5%0.0%2.5%-8.7%-41.6K1.3M-2.6K0.00123.31N/AN/A470921,234
2026-03-11$19.55$0.0034.8%10.0%31.6%16.8%0.0%1.8%-2.7%-38.0K1.3M-2.7K0.00123.51N/AN/A0961331,234
2026-03-12$19.43$0.0036.5%10.2%29.7%18.8%0.0%12.0%-2.3%-44.5K1.4M-2.9K0.0056.94N/AN/A0581331,330
2026-03-13$19.52$0.0037.3%8.7%27.9%19.8%0.0%2.3%-11.4%-47.2K1.5M-3.0K0.0053.92N/AN/A0901331,374
2026-03-16$19.68$0.0016.2%8.2%28.4%0.0%0.0%2.0%-1.8%-55.0K1.6M-3.0K0.0050.23N/AN/A0201331,437
2026-03-17$19.59$0.0017.4%9.8%27.1%0.0%34.3%2.5%-8.8%-54.0K1.6M-3.1K7.5052.25N/AN/A6451331,446
2026-03-18$18.68$20.0040.6%10.7%31.2%23.7%0.0%3.5%-4.5%-49.3K1.8M-3.0K4.3347.47N/AN/A3131351,491
2026-03-19$18.36$20.0053.9%14.5%31.4%39.7%0.0%2.4%-24.4%-46.9K2.0M-2.3K0.0068.63N/AN/A3501381,491
2026-03-20$18.00$20.0022.5%12.4%31.4%2.1%0.0%-0.7%-13.5%-38.1K2.0M-2.4K0.0049.22N/AN/A501731,491
2026-03-23$18.16$20.0024.5%11.9%29.4%4.5%0.0%2.0%-16.2%-40.5K2.1M-2.2K0.0052.22N/AN/A301571,491
2026-03-24$18.11$20.0025.4%13.7%28.5%5.5%0.0%3.0%-16.3%-38.9K2.1M-2.3K0.0050.34N/AN/A001541,491
2026-03-25$18.22$20.0025.4%10.8%29.0%5.5%0.0%3.8%-9.3%-43.3K2.1M-2.3K0.0047.31N/AN/A021541,491
2026-03-26$18.05$20.0040.0%11.5%29.0%23.0%0.0%-1.1%-17.9%-40.8K2.0M-2.4K0.0045.30N/AN/A001541,493
2026-03-27$18.27$20.0033.0%9.5%27.6%14.6%0.0%2.6%-13.4%-43.1K2.0M-2.4K0.0046.49N/AN/A101541,493
2026-03-30$18.38$20.0035.3%10.1%27.9%17.4%0.0%4.2%-15.8%-43.2K2.0M-2.6K0.0047.30N/AN/A001541,493
2026-03-31$18.35$20.0028.2%8.1%27.6%8.9%0.0%3.5%4.9%-44.7K2.0M-2.3K0.0048.99N/AN/A001541,493