UYG Options History — October 2014

In October 2014, UYG traded between $19.71 and $23.11. ATM implied volatility averaged 32.1%, placing in the 51.8% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 0.1% (HV 20d: 32.0%). Max pain ranged from $21.17 to $21.33. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.77.

Notable Days

  • 2014-10-21: Highest Volume — 8,988 contracts
  • 2014-10-07: Largest IV spike — 20.6% change
  • 2014-10-10: Highest IV Rank — 100.0%
  • 2014-10-16: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.14$19.71$23.11$21.01$23.11
Max Pain$21.26$21.17$21.33$21.33$21.33
ATM IV32.1%22.0%47.7%30.6%24.0%
Expected Move8.9%7.8%10.6%8.6%7.8%
HV 20d32.0%20.7%37.7%20.7%36.4%
HV 60d24.3%20.3%26.8%20.3%26.0%
IV Rank51.8%13.1%100.0%53.9%19.7%
IV Percentile83.9%25.4%100.0%93.3%55.6%
Term Structure-0.1%-4.8%5.1%0.7%-0.3%
VWIV32.6%29.2%41.7%29.4%30.4%
Skew 25d8.6%4.4%15.9%8.1%4.4%
Skew 10d17.4%9.1%35.6%11.8%9.1%
Call IV 25d27.3%20.7%38.7%27.9%22.7%
Put IV 25d35.9%27.1%51.7%36.0%27.1%
Bid-Ask Spread %25.9918.1147.1122.7923.72
Gamma HHI0.070.060.090.070.09
Net GEX392.6K-5.2K790.7K295.7K762.2K
Net DEX-11.1M-29.8M1.5M-8.9M-29.8M
Net VEX-78.9K-86.0K-63.5K-84.6K-63.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.062.510.341.09
Total Volume4,455.9131928,9886188,178
Total OI31,320.52229,35834,12829,35833,240

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$21.01$21.3330.6%8.6%20.7%53.9%29.4%8.1%0.7%295.7K-8.9M-84.6K0.3422.79N/AN/A46215616,25413,104
2014-10-02$21.08$21.3329.7%8.6%20.8%49.7%0.0%6.2%-0.8%303.2K-8.9M-86.0K0.0820.78N/AN/A5044216,36213,182
2014-10-03$21.63$21.3327.2%8.3%22.9%39.0%0.0%5.3%-0.3%379.6K-12.2M-84.9K0.5221.82N/AN/A25213216,29613,224
2014-10-06$21.59$21.3327.8%8.5%22.9%41.4%0.0%7.7%-1.1%387.4K-12.8M-80.3K0.1918.11N/AN/A1623016,29013,344
2014-10-07$20.88$21.3333.5%8.9%25.0%66.1%29.2%8.2%0.3%271.5K-8.2M-80.6K0.1421.36N/AN/A6008416,41613,362
2014-10-08$21.59$21.3330.4%8.5%27.9%52.9%31.2%7.6%-1.1%391.4K-12.2M-78.6K1.1026.28N/AN/A3,9724,38016,80613,422
2014-10-09$20.79$21.3335.4%8.9%30.8%80.5%30.8%9.7%0.5%271.1K-7.9M-83.3K0.3622.79N/AN/A48017416,90813,506
2014-10-10$20.44$21.3341.9%9.3%31.2%100.0%35.7%10.2%-0.0%233.5K-6.0M-83.9K0.7528.48N/AN/A46234817,14213,656
2014-10-13$20.13$21.3347.0%9.9%31.4%100.0%39.9%11.4%-4.8%154.5K-3.6M-82.4K0.3725.99N/AN/A93634817,22013,992
2014-10-14$20.55$21.3347.7%9.9%32.4%100.0%34.3%11.8%-0.9%221.0K-4.8M-81.8K1.0720.01N/AN/A4,1344,44017,57414,172
2014-10-15$19.71$21.3347.3%10.6%34.8%98.4%35.2%12.1%-0.4%1.0K1.5M-79.2K1.0647.11N/AN/A4,2364,47017,85015,138
2014-10-16$19.75$21.1740.2%10.6%33.8%74.5%41.7%15.9%-2.4%11.0K723.0K-79.7K0.6431.89N/AN/A1,28482817,98215,024
2014-10-17$20.17$21.1735.2%10.1%35.2%57.5%31.9%9.6%-1.1%-5.2K-1.9M-81.4K2.5125.99N/AN/A39097818,50415,624
2014-10-20$20.46$21.1730.2%9.5%35.6%40.6%33.8%8.9%0.5%285.5K-5.6M-79.3K1.1124.43N/AN/A3,7684,20016,14013,776
2014-10-21$21.16$21.1726.9%8.6%37.7%29.4%31.6%8.3%0.2%423.0K-11.3M-75.9K0.8329.86N/AN/A4,9024,08616,33813,782
2014-10-22$20.90$21.1730.3%8.8%37.6%40.9%31.9%5.8%-0.0%488.2K-11.2M-81.9K0.9624.99N/AN/A4,3804,22417,67613,734
2014-10-23$21.20$21.1728.6%8.7%36.6%35.4%31.2%7.3%-1.6%586.9K-13.7M-79.5K1.0425.87N/AN/A4,0324,20017,89813,776
2014-10-24$21.54$21.1727.1%8.5%36.4%30.3%31.2%9.3%0.2%582.8K-14.3M-81.5K1.0223.99N/AN/A4,1464,23017,97613,830
2014-10-27$21.62$21.1727.3%8.5%36.4%30.9%0.0%7.8%0.4%657.1K-16.2M-77.2K0.2722.34N/AN/A3369018,22213,860
2014-10-28$22.13$21.1723.6%7.8%37.2%18.3%29.3%8.1%2.5%760.0K-21.0M-68.2K0.0624.44N/AN/A6303618,38413,902
2014-10-29$22.17$21.1722.0%8.3%36.2%13.1%30.9%7.5%5.1%778.4K-21.1M-73.1K1.0133.90N/AN/A4,2124,27218,77413,884
2014-10-30$22.56$21.3323.9%7.9%36.5%19.3%29.9%6.6%1.8%790.7K-25.2M-68.4K1.0730.80N/AN/A4,0084,27218,93013,896
2014-10-31$23.11$21.3324.0%7.8%36.4%19.7%30.4%4.4%-0.3%762.2K-29.8M-63.5K1.0923.72N/AN/A3,9064,27219,27813,962