UYG Options History — June 2014

In June 2014, UYG traded between $20.33 and $21.31. ATM implied volatility averaged 20.3%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 4.0% (HV 20d: 16.3%). Max pain ranged from $19.50 to $21.33. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.57.

Notable Days

  • 2014-06-05: Highest Volume — 5,934 contracts
  • 2014-06-12: Largest IV spike — 15.4% change
  • 2014-06-16: Highest IV Rank — 22.7%
  • 2014-06-16: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.95$20.33$21.31$20.33$21.12
Max Pain$20.85$19.50$21.33$19.50$21.33
ATM IV20.3%18.3%23.4%21.5%19.4%
Expected Move5.9%5.2%6.7%6.2%5.6%
HV 20d16.3%14.4%21.1%21.1%14.8%
HV 60d22.7%21.9%23.6%23.2%21.9%
IV Rank9.1%0.5%22.7%14.5%5.5%
IV Percentile4.4%0.4%25.0%3.6%3.2%
Term Structure2.6%1.0%5.0%1.4%2.3%
VWIV21.2%18.6%23.6%23.2%19.9%
Skew 25d4.7%3.7%5.7%3.9%4.7%
Skew 10d10.4%8.8%13.3%9.0%9.2%
Call IV 25d19.3%17.1%21.6%20.1%18.4%
Put IV 25d24.0%21.4%27.3%24.0%23.1%
Bid-Ask Spread %58.6634.5582.5274.4469.81
Gamma HHI0.100.040.290.070.05
Net GEX-542.7K-2.0M136.4K-120.2K-106.0K
Net DEX-20.3M-31.5M-11.8M-14.5M-13.4M
Net VEX-110.1K-120.0K-98.2K-113.5K-104.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.086.582.030.16
Total Volume1,711.7142165,9341,056216
Total OI55,333.71435,56266,32456,52639,036

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-06-02$20.33$19.5021.5%6.2%21.1%14.5%23.2%3.9%1.4%-120.2K-14.5M-113.5K2.0374.44N/AN/A34870822,06234,464
2014-06-03$20.37$19.5021.4%6.1%20.9%13.8%22.4%3.8%1.6%-143.0K-14.8M-114.5K3.1774.69N/AN/A18057022,27834,794
2014-06-04$20.51$19.5021.1%6.1%18.2%12.7%21.2%4.4%1.8%-147.5K-17.3M-113.6K1.8678.73N/AN/A42679222,40434,872
2014-06-05$20.90$19.5020.0%5.7%17.3%8.0%23.6%3.7%2.6%-196.7K-22.3M-110.6K0.0882.52N/AN/A5,49044422,57835,658
2014-06-06$21.17$20.5019.1%6.1%17.6%4.0%22.0%4.1%3.6%-105.5K-28.6M-112.9K3.0934.55N/AN/A1,3924,30224,24635,778
2014-06-09$21.27$21.1719.1%6.1%17.5%3.9%20.9%4.6%3.1%-400.7K-29.0M-112.2K2.0540.18N/AN/A6541,33824,79837,488
2014-06-10$21.23$21.1719.8%6.2%16.6%6.9%22.2%5.4%2.6%-671.3K-27.3M-115.8K0.1738.57N/AN/A4868425,00838,736
2014-06-11$20.96$21.1719.4%6.3%17.3%5.4%22.1%5.7%3.8%-756.7K-23.1M-118.3K0.7844.78N/AN/A21616825,11038,784
2014-06-12$20.76$21.1722.4%6.4%16.5%18.3%22.1%5.6%2.7%-645.8K-19.6M-119.9K0.4343.13N/AN/A33614425,23038,898
2014-06-13$20.75$21.1722.8%6.5%14.4%19.9%22.1%5.4%2.3%-698.9K-19.6M-120.0K6.5845.14N/AN/A1861,22425,43438,988
2014-06-16$20.55$21.1723.4%6.7%15.1%22.7%21.4%5.6%2.7%-674.9K-15.7M-116.2K0.7041.09N/AN/A69648625,51239,810
2014-06-17$20.94$21.1721.4%6.2%15.9%14.2%21.6%5.1%3.5%-1.1M-24.1M-109.1K1.1451.03N/AN/A67276825,59040,086
2014-06-18$21.20$21.1720.0%5.7%14.9%8.1%21.1%5.1%3.2%-1.5M-29.2M-101.0K0.2563.88N/AN/A98424625,52440,800
2014-06-19$21.13$21.1719.1%5.5%14.8%4.2%20.3%4.6%3.8%-2.0M-29.6M-98.2K1.2061.42N/AN/A2,2142,65225,62039,414
2014-06-20$21.24$21.1718.6%5.3%14.8%1.8%19.8%4.3%5.0%-2.0M-31.5M-101.7K0.3356.88N/AN/A2,11870825,45239,768
2014-06-23$21.31$21.1718.3%5.2%14.7%0.5%19.1%4.2%1.9%136.4K-15.8M-101.4K1.1858.25N/AN/A71484016,28419,278
2014-06-24$21.03$21.1719.7%5.7%14.8%6.7%19.4%5.0%2.0%79.3K-14.0M-107.1K3.7565.83N/AN/A3301,23616,78220,010
2014-06-25$21.08$21.3320.4%5.8%14.6%9.5%20.3%4.7%1.7%-72.6K-12.9M-106.4K1.1165.78N/AN/A27630617,01621,096
2014-06-26$20.98$21.3320.0%5.7%14.8%8.1%21.4%4.5%1.0%-85.9K-11.8M-107.2K2.0869.56N/AN/A22847417,11221,204
2014-06-27$21.11$21.3318.8%5.4%14.8%2.7%18.6%5.1%2.2%-114.6K-12.8M-107.2K0.8871.50N/AN/A15613817,32821,678
2014-06-30$21.12$21.3319.4%5.6%14.8%5.5%19.9%4.7%2.3%-106.0K-13.4M-104.8K0.1669.81N/AN/A1863017,34021,696