UYG Options History — October 2009

In October 2009, UYG traded between $8.70 and $10.75. ATM implied volatility averaged 58.2%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded below realized volatility by 0.2% (HV 20d: 58.4%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.59.

Notable Days

  • 2009-10-14: Highest Volume — 22,368 contracts
  • 2009-10-30: Largest IV spike — 46.2% change
  • 2009-10-13: Highest IV Rank — 18.3%
  • 2009-10-30: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.80$8.70$10.75$9.07$8.70
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV58.2%44.2%78.4%69.9%75.3%
Expected Move16.7%12.7%21.6%20.0%21.6%
HV 20d58.4%55.0%67.1%56.9%67.1%
HV 60d57.6%55.1%62.2%60.2%62.2%
IV Rank8.5%2.4%18.3%12.8%16.9%
IV Percentile15.6%0.4%38.5%27.8%38.5%
Term Structure1.3%-5.0%8.8%-3.1%-5.0%
VWIV58.5%46.4%74.0%67.3%74.0%
Skew 25d4.8%-16.7%25.7%3.4%-5.8%
Skew 10d9.2%-22.1%39.3%10.6%3.6%
Call IV 25d55.4%41.6%72.6%66.5%72.6%
Put IV 25d60.2%34.3%71.3%69.9%66.9%
Bid-Ask Spread %10.676.3516.6215.5911.05
Gamma HHI0.250.150.500.260.17
Net GEX857.5K447.1K2.0M646.4K447.1K
Net DEX-73.8M-113.7M-39.2M-56.0M-39.2M
Net VEX-487.4K-514.9K-443.5K-491.5K-457.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.301.300.530.99
Total Volume11,369.1824,93222,36818,16814,730
Total OI327,129308,328344,616315,462335,622

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-10-01$9.07$10.0069.9%20.0%56.9%12.8%67.3%3.4%-3.1%646.4K-56.0M-491.5K0.5315.59N/AN/A11,8926,276209,196106,266
2009-10-02$9.05$10.0068.2%19.6%55.0%12.1%71.3%-4.2%0.6%648.3K-53.9M-492.7K0.3416.62N/AN/A9,4023,150211,788107,034
2009-10-05$9.57$10.0057.9%17.5%58.2%7.8%63.2%9.3%1.8%767.7K-67.4M-508.3K0.9110.58N/AN/A3,5583,252210,780108,660
2009-10-06$9.78$10.0061.5%17.0%58.5%9.3%60.4%14.3%1.2%836.0K-72.5M-505.1K0.307.89N/AN/A10,0802,982212,148109,116
2009-10-07$9.95$10.0062.9%17.5%58.0%9.9%61.7%14.7%1.3%968.3K-80.2M-513.8K1.1012.04N/AN/A4,9205,436214,446109,410
2009-10-08$10.00$10.0059.9%17.7%57.8%8.6%61.7%9.3%0.7%1.0M-82.4M-505.1K0.3711.64N/AN/A5,7722,124215,412113,334
2009-10-09$10.17$10.0061.9%17.7%57.7%9.5%61.0%8.6%0.2%1.1M-87.3M-514.9K0.4012.91N/AN/A3,5341,398217,140112,818
2009-10-12$10.30$10.0073.8%18.1%57.3%15.2%63.1%9.9%-3.2%1.2M-95.4M-511.5K0.3811.41N/AN/A6,1742,376218,586113,538
2009-10-13$10.13$10.0078.4%18.6%57.8%18.3%64.9%11.9%-4.8%1.3M-89.1M-508.6K0.9714.80N/AN/A4,3564,230219,834113,718
2009-10-14$10.75$10.0044.2%18.6%57.1%2.4%62.0%25.7%-2.2%872.1K-113.7M-503.6K0.3411.32N/AN/A16,6985,670220,644115,614
2009-10-15$10.62$10.0061.1%17.5%57.2%10.3%58.8%7.5%-0.9%1.0M-110.0M-505.2K0.5715.21N/AN/A7,5124,296224,454118,218
2009-10-16$10.13$10.0054.4%15.6%59.8%7.1%54.4%3.1%2.0%2.0M-90.0M-512.4K0.3411.00N/AN/A10,8363,702223,782120,834
2009-10-19$10.23$10.0047.3%13.6%59.5%3.8%48.9%3.1%7.0%755.5K-79.9M-485.6K0.437.84N/AN/A7,7283,354202,392105,936
2009-10-20$10.07$10.0049.1%14.1%57.9%4.7%49.4%-12.7%4.6%775.4K-76.4M-472.1K0.426.35N/AN/A6,4142,724205,470106,368
2009-10-21$9.72$10.0044.4%12.7%57.8%2.5%46.9%1.3%8.8%694.5K-66.8M-443.5K0.947.21N/AN/A5,7545,436209,274107,394
2009-10-22$10.22$10.0046.4%13.3%58.4%3.4%46.4%-9.4%5.4%834.7K-79.6M-480.8K0.667.00N/AN/A8,4365,592210,204109,356
2009-10-23$9.95$10.0046.4%13.3%59.0%3.4%46.6%-16.7%3.7%688.0K-69.8M-453.8K0.428.74N/AN/A3,5941,518210,240112,530
2009-10-26$9.50$10.0048.4%13.9%56.8%4.3%48.9%10.9%5.9%606.5K-58.8M-472.0K0.557.28N/AN/A8,5564,692211,452112,746
2009-10-27$9.37$10.0052.1%15.0%56.9%6.1%56.8%15.6%0.2%630.0K-57.4M-467.4K1.3010.49N/AN/A4,5365,904221,358115,050
2009-10-28$8.82$10.0065.2%18.7%60.4%12.2%64.9%-5.9%-1.9%456.0K-41.1M-450.5K0.499.90N/AN/A9,1804,500223,044117,336
2009-10-29$9.48$10.0051.5%14.8%59.3%5.8%54.5%12.4%5.8%603.5K-57.6M-466.9K0.317.87N/AN/A6,0061,842217,584116,712
2009-10-30$8.70$10.0075.3%21.6%67.1%16.9%74.0%-5.8%-5.0%447.1K-39.2M-457.3K0.9911.05N/AN/A7,4167,314219,084116,538