UYG Options History — July 2012

In July 2012, UYG traded between $8.78 and $9.54. ATM implied volatility averaged 36.8%, placing in the 5.3% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 0.0% (HV 20d: 36.8%). Max pain ranged from $8.50 to $9.33. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.20.

Notable Days

  • 2012-07-19: Highest Volume — 17,196 contracts
  • 2012-07-30: Largest IV spike — 7.6% change
  • 2012-07-09: Highest IV Rank — 8.6%
  • 2012-07-10: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.20$8.78$9.54$9.42$9.31
Max Pain$8.97$8.50$9.33$9.00$9.33
ATM IV36.8%33.1%40.6%36.1%36.0%
Expected Move10.6%9.5%11.9%10.4%10.3%
HV 20d36.8%31.1%42.2%42.2%31.1%
HV 60d40.0%38.7%41.9%41.9%40.0%
IV Rank5.3%1.5%8.6%6.3%4.1%
IV Percentile18.5%2.0%31.3%16.3%17.5%
Term Structure2.3%0.6%4.0%3.0%1.8%
VWIV36.9%31.8%51.7%37.4%34.7%
Skew 25d8.7%7.8%9.8%9.3%7.8%
Skew 10d18.7%16.4%21.8%19.3%16.6%
Call IV 25d33.1%28.9%37.0%32.7%33.1%
Put IV 25d41.8%36.9%46.8%41.9%40.9%
Bid-Ask Spread %35.4519.0568.5428.6534.02
Gamma HHI0.120.070.570.080.13
Net GEX294.0K-2.6M1.0M609.7K399.9K
Net DEX1.8M-10.7M13.7M-8.0M984.1K
Net VEX-156.2K-171.8K-138.2K-171.3K-152.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.096.780.660.12
Total Volume7,085.7141,39817,1966,2343,048
Total OI153,817.714126,858178,110146,262143,514

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-07-02$9.42$9.0036.1%10.4%42.2%6.3%37.4%9.3%3.0%609.7K-8.0M-171.3K0.6628.65N/AN/A3,7502,48460,82885,434
2012-07-03$9.54$9.0035.6%10.2%41.5%5.7%37.3%8.0%3.0%704.4K-10.7M-171.4K1.1230.37N/AN/A3,6724,10461,63286,370
2012-07-05$9.32$9.0037.1%10.6%39.3%7.0%34.1%8.2%2.7%479.3K-4.7M-171.8K6.7868.54N/AN/A1,1647,89661,83688,956
2012-07-06$9.20$8.5037.7%11.6%39.7%7.6%36.7%8.9%1.0%296.8K1.3M-169.0K0.0929.03N/AN/A8,70074461,97492,472
2012-07-09$9.13$8.5038.9%11.6%39.3%8.6%51.7%9.3%1.6%318.2K2.4M-163.6K0.4224.41N/AN/A3,4081,42264,41692,382
2012-07-10$8.99$8.5040.6%11.9%37.4%8.4%41.3%9.8%0.6%132.2K6.3M-161.9K2.1630.33N/AN/A3,6907,95663,97292,670
2012-07-11$9.08$8.5040.5%11.7%36.5%8.3%39.8%9.4%0.8%315.5K6.2M-158.3K0.2040.76N/AN/A1,16423467,11696,138
2012-07-12$8.96$8.5040.5%11.6%36.7%8.2%37.3%8.8%1.2%220.9K8.9M-159.1K0.1238.11N/AN/A7,12884667,78896,120
2012-07-13$9.38$8.5037.8%10.8%39.1%5.8%36.0%8.5%1.7%793.3K-4.0M-165.1K0.5958.63N/AN/A2,3641,39870,99296,642
2012-07-16$9.36$8.5037.7%10.8%38.5%5.7%39.1%8.7%1.7%895.3K-4.6M-155.6K0.9229.89N/AN/A3,3783,11472,15697,506
2012-07-17$9.48$8.5035.5%10.2%38.5%3.7%33.8%8.8%2.1%1.0M-8.1M-152.5K3.8043.25N/AN/A2,82610,74671,74899,210
2012-07-18$9.40$9.3335.6%10.2%37.5%3.8%36.5%8.1%2.0%1.0M-5.9M-154.9K1.0331.80N/AN/A1,5421,59072,150100,992
2012-07-19$9.24$9.3335.7%10.2%38.1%3.9%33.1%8.2%2.1%688.8K736.5K-150.4K0.9028.82N/AN/A9,0308,16672,40899,774
2012-07-20$9.01$9.3334.5%9.9%35.8%2.8%31.8%8.5%3.4%-2.6M13.7M-138.2K0.8129.90N/AN/A3,0962,51475,366102,744
2012-07-23$8.86$9.3336.4%10.4%35.8%4.5%38.4%9.0%4.0%-11.3K11.4M-139.2K1.5026.27N/AN/A4,0266,03650,35876,500
2012-07-24$8.78$9.3337.2%10.7%32.9%5.3%39.7%9.7%3.4%-17.6K12.2M-141.9K2.1428.73N/AN/A1,2662,70652,69278,744
2012-07-25$8.83$9.3335.8%10.3%32.7%4.0%35.6%8.7%3.8%-34.5K12.1M-138.7K1.0632.86N/AN/A2,7362,89253,42481,078
2012-07-26$9.07$9.3334.9%10.0%33.3%3.2%32.6%8.8%3.5%119.5K7.4M-149.2K0.1663.91N/AN/A4,62075654,42082,974
2012-07-27$9.41$9.3333.1%9.5%35.6%1.5%32.1%8.0%3.8%353.2K-304.8K-158.1K0.3027.10N/AN/A7,6442,28657,41483,118
2012-07-30$9.39$9.3335.6%10.2%31.5%3.8%36.3%8.5%1.8%459.7K-594.9K-156.7K0.2719.05N/AN/A2,10055860,25883,886
2012-07-31$9.31$9.3336.0%10.3%31.1%4.1%34.7%7.8%1.8%399.9K984.1K-152.7K0.1234.02N/AN/A2,71233659,55683,958