UYG Options History — June 2009

In June 2009, UYG traded between $5.97 and $7.15. ATM implied volatility averaged 70.4%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 20.4%. IV traded below realized volatility by 9.8% (HV 20d: 80.2%). Max pain ranged from $6.67 to $6.67. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.60.

Notable Days

  • 2009-06-01: Highest Volume — 36,924 contracts
  • 2009-06-18: Largest IV spike — 19.9% change
  • 2009-06-01: Highest IV Rank — 13.0%
  • 2009-06-01: Largest Expected Move — 23.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.69$5.97$7.15$7.12$6.43
Max Pain$6.67$6.67$6.67$6.67$6.67
ATM IV70.4%54.5%83.1%83.1%63.2%
Expected Move20.4%15.6%23.8%23.8%18.1%
HV 20d80.2%61.4%126.8%126.8%62.8%
HV 60d134.7%118.9%152.9%152.4%118.9%
IV Rank5.0%0.0%13.0%13.0%3.9%
IV Percentile5.0%0.0%18.3%18.3%2.4%
Term Structure2.2%-5.5%17.0%-2.8%-2.6%
VWIV70.3%54.6%82.0%81.4%63.3%
Skew 25d8.6%-23.6%38.5%3.0%2.1%
Skew 10d17.4%-37.6%53.4%8.5%5.0%
Call IV 25d63.3%42.5%92.2%80.3%54.8%
Put IV 25d71.8%45.9%89.5%83.3%56.9%
Bid-Ask Spread %8.183.9311.494.877.61
Gamma HHI0.410.210.880.400.34
Net GEX1.3M368.3K5.9M1.4M674.0K
Net DEX-74.0M-120.6M-34.5M-101.2M-47.9M
Net VEX-404.1K-458.4K-319.4K-444.5K-409.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.231.341.260.23
Total Volume16,577.7276,08436,92436,92410,092
Total OI433,549.636282,156500,466480,192319,776

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$7.12$6.6783.1%23.8%126.8%13.0%81.4%3.0%-2.8%1.4M-101.2M-444.5K1.264.87N/AN/A16,30820,616332,286147,906
2009-06-02$6.87$6.6781.9%23.5%114.0%9.8%82.0%-12.3%4.4%1.2M-92.6M-444.5K0.924.86N/AN/A5,7785,334334,200146,196
2009-06-03$6.72$6.6779.5%22.8%113.7%8.7%80.8%-23.6%3.0%1.1M-80.6M-445.2K0.963.93N/AN/A4,0923,948336,174150,054
2009-06-04$7.10$6.6781.9%23.5%106.9%9.8%79.2%35.6%-2.8%1.2M-102.7M-458.4K0.885.42N/AN/A12,78011,226336,978152,172
2009-06-05$7.03$6.6778.8%21.5%105.2%8.4%68.9%17.2%17.0%1.2M-102.5M-445.3K0.2911.06N/AN/A14,2084,122338,304156,516
2009-06-08$7.10$6.6776.4%22.0%94.3%7.3%71.7%11.6%6.8%1.4M-105.5M-431.8K1.3410.64N/AN/A7,56010,146340,860150,840
2009-06-09$7.15$6.6765.2%22.1%85.6%2.2%71.2%27.6%3.4%1.5M-109.6M-419.4K0.359.97N/AN/A5,2261,848342,378149,586
2009-06-10$6.98$6.6768.5%21.6%85.5%3.7%76.6%12.7%-2.9%1.5M-98.7M-415.4K0.3311.49N/AN/A7,1162,316343,026150,942
2009-06-11$7.03$6.6775.9%21.8%73.7%7.1%74.6%-8.0%-3.7%1.5M-104.0M-410.0K0.5610.88N/AN/A7,4224,122342,606151,446
2009-06-12$7.13$6.6771.7%20.5%71.3%5.2%69.9%-12.5%-1.0%583.9K-120.6M-373.1K0.729.14N/AN/A3,5462,538343,608152,586
2009-06-15$6.72$6.6773.9%21.2%73.3%6.2%73.2%-6.8%-2.3%1.5M-80.9M-389.3K0.368.21N/AN/A14,8625,376342,948154,326
2009-06-16$6.52$6.6773.4%21.0%61.6%6.0%73.7%10.3%-5.5%1.7M-64.7M-381.5K0.407.55N/AN/A14,3465,700345,168155,298
2009-06-17$6.22$6.6761.1%17.5%61.9%0.4%58.7%38.5%10.6%986.8K-37.5M-341.7K0.558.31N/AN/A15,2588,418342,414157,098
2009-06-18$6.45$6.6773.3%21.0%61.4%5.9%73.0%37.3%-2.0%1.7M-56.6M-364.9K0.398.73N/AN/A7,5602,952342,450157,476
2009-06-19$6.67$6.6765.3%18.7%62.5%2.3%70.7%31.9%3.7%5.9M-72.3M-372.8K0.866.74N/AN/A12,54610,842341,898158,406
2009-06-22$5.97$6.6773.1%21.0%74.1%5.9%75.0%11.0%-4.7%395.8K-39.1M-319.4K0.689.19N/AN/A15,03010,158203,34678,810
2009-06-23$6.10$6.6766.0%18.9%69.9%2.6%67.0%18.7%3.6%368.3K-34.5M-371.0K0.339.75N/AN/A25,7588,418207,49285,830
2009-06-24$6.20$6.6762.4%17.9%66.3%1.0%62.2%-11.7%4.8%462.1K-36.7M-398.0K0.628.79N/AN/A12,7447,896218,23288,986
2009-06-25$6.43$6.6761.7%17.7%66.9%0.6%61.6%-1.3%2.3%542.4K-43.0M-409.1K0.306.45N/AN/A9,6122,874220,87888,266
2009-06-26$6.52$6.6757.1%16.4%64.1%0.0%57.1%1.9%7.9%596.1K-46.2M-421.5K0.578.43N/AN/A4,0262,298224,15489,580
2009-06-29$6.65$6.6754.5%15.6%62.9%0.0%54.6%5.5%10.8%691.4K-50.5M-423.1K0.307.93N/AN/A5,9281,764226,35090,246
2009-06-30$6.43$6.6763.2%18.1%62.8%3.9%63.3%2.1%-2.6%674.0K-47.9M-409.5K0.237.61N/AN/A8,2321,860229,29690,480