UYG Options History — June 2015

In June 2015, UYG traded between $24.50 and $26.24. ATM implied volatility averaged 25.3%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 4.8% (HV 20d: 20.5%). Max pain ranged from $21.67 to $25.83. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.83.

Notable Days

  • 2015-06-05: Highest Volume — 5,850 contracts
  • 2015-06-29: Largest IV spike — 36.3% change
  • 2015-06-29: Highest IV Rank — 54.1%
  • 2015-06-29: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.48$24.50$26.24$25.00$24.72
Max Pain$25.05$21.67$25.83$22.83$25.67
ATM IV25.3%20.8%34.2%22.3%32.5%
Expected Move7.3%6.0%9.8%6.4%9.3%
HV 20d20.5%17.9%25.7%21.5%25.7%
HV 60d20.8%19.1%23.7%23.7%21.3%
IV Rank23.7%8.7%54.1%13.7%48.2%
IV Percentile52.8%17.5%92.9%31.0%89.7%
Term Structure1.4%-2.5%3.8%1.3%-1.1%
VWIV25.1%21.2%30.1%22.9%29.5%
Skew 25d6.2%4.3%8.9%4.3%5.1%
Skew 10d11.9%4.5%20.3%9.0%12.6%
Call IV 25d22.5%19.5%30.2%20.8%28.9%
Put IV 25d28.8%24.0%37.4%25.1%34.0%
Bid-Ask Spread %56.1330.6095.5491.7457.78
Gamma HHI0.160.080.900.140.08
Net GEX830.5K270.0K8.8M472.0K286.6K
Net DEX-14.7M-21.5M-7.0M-9.6M-7.9M
Net VEX-45.8K-59.3K-35.3K-36.4K-59.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.021.310.990.93
Total Volume3,589.7735585,8503,8794,317
Total OI21,335.72713,86330,67830,64517,127

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-06-01$25.00$22.8322.3%6.4%21.5%13.7%22.9%4.3%1.3%472.0K-9.6M-36.4K0.9991.74N/AN/A1,9471,93218,97211,673
2015-06-02$25.10$21.6723.1%6.6%20.8%16.2%22.8%5.8%0.5%505.9K-17.5M-35.3K0.0295.54N/AN/A549913,0178,451
2015-06-03$25.39$22.8324.7%7.1%20.0%21.9%24.5%6.4%-0.0%489.8K-11.3M-37.5K0.7989.85N/AN/A2,4451,94118,98411,694
2015-06-04$24.94$25.1725.9%7.5%20.7%25.8%24.6%7.3%-0.4%424.7K-14.8M-35.9K0.9640.44N/AN/A1,1011,06212,7748,973
2015-06-05$25.19$25.1724.3%7.3%20.0%20.3%24.5%6.7%1.7%452.2K-15.5M-36.9K0.2338.72N/AN/A4,7491,10112,8649,168
2015-06-08$24.96$25.1726.1%7.4%18.1%26.6%25.5%7.1%2.5%376.3K-14.1M-41.3K0.5030.60N/AN/A2,2951,13712,8559,465
2015-06-09$25.00$25.1726.7%7.4%17.9%28.6%25.8%6.8%1.6%406.0K-14.7M-43.6K0.6239.79N/AN/A1,7551,08313,4409,507
2015-06-10$25.73$25.1724.0%6.9%20.5%19.5%24.9%8.0%2.7%542.2K-19.5M-42.4K0.5139.13N/AN/A2,5471,29313,4469,480
2015-06-11$25.87$25.1724.1%6.9%20.5%19.9%24.4%6.7%2.0%594.0K-19.5M-42.6K0.8351.18N/AN/A1,7761,47313,1469,639
2015-06-12$25.75$25.1725.3%7.3%19.6%23.9%25.9%5.4%2.2%587.5K-18.8M-47.0K1.3141.01N/AN/A1,1911,56613,6359,915
2015-06-15$25.51$25.1726.7%7.7%19.7%28.6%27.0%8.9%0.9%529.2K-17.4M-47.8K1.2943.05N/AN/A1,2001,55413,8189,930
2015-06-16$25.78$25.1725.9%7.4%19.7%26.0%26.7%8.6%1.8%627.9K-19.4M-47.8K1.2843.47N/AN/A1,3111,67713,9959,945
2015-06-17$25.73$25.3326.9%7.7%19.3%29.2%26.9%5.2%3.1%635.4K-19.2M-46.5K0.9878.09N/AN/A1,7431,70413,91410,077
2015-06-18$26.20$25.3323.7%6.8%20.2%18.4%24.3%5.0%1.9%789.1K-21.5M-45.9K1.0746.95N/AN/A1,8151,94413,74310,146
2015-06-19$25.83$25.8323.5%6.7%20.7%17.9%24.7%7.1%3.8%8.8M-16.5M-46.4K0.6752.98N/AN/A3,0332,03712,84010,563
2015-06-22$26.16$25.8321.6%6.2%21.1%11.4%22.9%5.6%3.6%270.0K-12.1M-47.2K0.9156.70N/AN/A1,6831,5398,7845,079
2015-06-23$26.24$25.8320.8%6.0%19.8%8.7%21.2%4.5%2.5%317.0K-13.3M-49.7K0.8961.33N/AN/A1,7881,5879,4385,337
2015-06-24$25.84$25.8323.4%6.7%19.8%17.2%24.6%4.9%1.1%319.0K-12.2M-50.3K0.9256.17N/AN/A2,0371,8699,6545,358
2015-06-25$25.48$25.8325.2%7.2%20.5%23.3%22.8%4.4%1.2%272.1K-10.5M-54.1K0.8264.94N/AN/A2,2051,8099,6515,874
2015-06-26$25.63$25.8325.1%7.2%19.5%23.1%25.3%6.3%0.8%321.7K-11.6M-55.3K0.8959.05N/AN/A2,3372,07310,2516,000
2015-06-29$24.50$25.8334.2%9.8%25.5%54.1%30.1%7.2%-2.5%278.8K-7.0M-57.9K0.7956.43N/AN/A2,6612,10010,5336,231
2015-06-30$24.72$25.6732.5%9.3%25.7%48.2%29.5%5.1%-1.1%286.6K-7.9M-59.3K0.9357.78N/AN/A2,2412,07610,6986,429