UYG Options History — August 2014

In August 2014, UYG traded between $20.03 and $22.08. ATM implied volatility averaged 22.3%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 0.4% (HV 20d: 22.7%). Max pain ranged from $21.17 to $24.50. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.45.

Notable Days

  • 2014-08-01: Highest Volume — 1,542 contracts
  • 2014-08-05: Largest IV spike — 24.2% change
  • 2014-08-05: Highest IV Rank — 44.9%
  • 2014-08-08: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.05$20.03$22.08$20.15$22.02
Max Pain$22.21$21.17$24.50$24.50$21.17
ATM IV22.3%18.3%28.6%28.0%19.1%
Expected Move8.4%7.8%9.3%8.9%8.3%
HV 20d22.7%16.7%24.6%22.4%16.7%
HV 60d18.7%18.3%19.2%18.7%18.7%
IV Rank17.8%0.6%44.9%42.6%3.8%
IV Percentile28.6%0.8%81.7%76.6%2.8%
Term Structure2.3%-0.3%4.3%1.6%3.9%
VWIV31.1%27.0%41.0%41.0%28.6%
Skew 25d5.2%1.0%9.7%1.0%3.3%
Skew 10d11.3%8.2%15.3%13.0%8.4%
Call IV 25d21.4%17.4%28.0%28.0%18.5%
Put IV 25d26.6%21.9%33.5%29.0%21.9%
Bid-Ask Spread %47.7139.3157.2144.5951.30
Gamma HHI0.050.040.060.040.05
Net GEX325.6K-28.4K697.8K51.5K607.1K
Net DEX-14.6M-26.3M-3.3M-4.6M-24.5M
Net VEX-83.5K-100.0K-69.8K-100.0K-73.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.206.151.450.49
Total Volume693.4291441,5421,542366
Total OI44,24841,33447,05243,34444,718

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$20.15$24.5028.0%8.9%22.4%42.6%41.0%1.0%1.6%51.5K-4.6M-100.0K1.4544.59N/AN/A63091220,22023,124
2014-08-04$20.41$24.5023.0%8.7%23.1%20.9%31.2%9.7%2.2%-27.0K-5.8M-93.7K1.9739.31N/AN/A36070820,22623,820
2014-08-05$20.03$23.5028.6%8.9%23.4%44.9%29.7%7.6%2.3%-17.5K-3.3M-97.7K0.4849.65N/AN/A37218020,53824,120
2014-08-06$20.22$23.5026.6%8.8%23.7%36.5%36.6%8.3%1.4%-17.7K-4.5M-98.5K6.1548.43N/AN/A7848020,72424,192
2014-08-07$20.04$23.5027.7%9.1%23.7%41.0%29.2%5.9%0.6%-10.9K-3.4M-97.2K0.5647.15N/AN/A23413220,79024,570
2014-08-08$20.37$23.5027.2%9.3%24.6%39.1%0.0%5.4%-0.3%-28.4K-5.5M-92.9K0.9542.28N/AN/A13212620,77224,666
2014-08-11$20.47$23.5024.5%8.7%24.1%27.4%34.5%6.5%2.8%21.2K-7.5M-89.5K0.3945.41N/AN/A32412620,75424,780
2014-08-12$20.49$23.5023.9%8.8%23.6%24.9%30.3%6.0%3.1%128.3K-7.6M-88.2K4.4444.73N/AN/A2581,14621,03024,882
2014-08-13$20.75$21.6718.3%8.7%24.2%0.6%30.8%5.3%3.6%236.9K-10.1M-89.9K0.2052.41N/AN/A4809621,27625,776
2014-08-14$20.96$21.3322.3%8.4%22.8%17.8%35.1%4.4%4.3%422.8K-15.9M-80.8K4.1043.92N/AN/A12049221,34824,312
2014-08-15$20.80$21.3322.2%8.3%21.4%17.5%31.6%5.3%2.7%320.4K-13.8M-80.3K0.5241.80N/AN/A32416821,36624,498
2014-08-18$21.21$21.1720.0%8.1%22.6%7.8%30.0%5.5%2.3%433.3K-17.8M-75.4K0.3149.96N/AN/A67821019,63821,696
2014-08-19$21.28$21.1719.3%8.0%22.5%4.9%29.1%4.9%3.1%489.2K-19.2M-76.2K1.0057.21N/AN/A32432419,90221,852
2014-08-20$21.40$21.1719.9%7.8%22.6%7.4%31.1%4.3%2.0%493.4K-19.5M-75.9K1.6944.21N/AN/A23439619,99822,176
2014-08-21$21.80$21.1719.2%7.8%23.5%4.6%28.3%4.8%2.0%565.3K-22.4M-74.9K0.8949.01N/AN/A45640819,99822,530
2014-08-22$21.65$21.3320.2%7.8%23.1%8.6%31.2%5.1%2.0%567.7K-22.1M-76.4K0.9547.70N/AN/A38436620,19622,854
2014-08-25$21.96$21.3319.2%8.0%23.6%4.4%29.8%4.0%1.4%661.3K-25.2M-72.1K0.4152.09N/AN/A49820420,46023,040
2014-08-26$22.08$21.3319.4%7.8%23.1%5.1%27.0%3.3%3.1%697.8K-26.3M-69.8K0.4950.09N/AN/A39019220,47223,196
2014-08-27$22.01$21.1719.5%7.9%23.2%5.9%28.9%3.8%2.5%696.7K-25.3M-72.8K2.3648.96N/AN/A33078020,69423,328
2014-08-28$21.84$21.1720.2%8.0%17.8%8.7%27.2%5.2%2.2%545.3K-22.9M-77.1K0.7151.61N/AN/A846020,56824,108
2014-08-29$22.02$21.1719.1%8.3%16.7%3.8%28.6%3.3%3.9%607.1K-24.5M-73.7K0.4951.30N/AN/A24612020,55024,168