UYG Options History — September 2015

In September 2015, UYG traded between $20.88 and $22.93. ATM implied volatility averaged 45.1%, placing in the 54.9% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded below realized volatility by 8.4% (HV 20d: 53.5%). Max pain ranged from $15.00 to $23.33. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.06.

Notable Days

  • 2015-09-11: Highest Volume — 9,783 contracts
  • 2015-09-28: Largest IV spike — 22.4% change
  • 2015-09-01: Highest IV Rank — 94.4%
  • 2015-09-01: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.79$20.88$22.93$21.23$21.47
Max Pain$21.29$15.00$23.33$21.67$21.67
ATM IV45.1%37.0%63.9%63.9%44.6%
Expected Move12.8%10.6%18.3%18.3%12.8%
HV 20d53.5%40.2%59.5%52.7%40.2%
HV 60d38.8%36.7%40.7%36.7%40.7%
IV Rank54.9%38.0%94.4%94.4%53.9%
IV Percentile93.5%88.1%99.6%99.6%91.7%
Term Structure-3.3%-11.9%0.8%-11.9%-2.8%
VWIV42.6%36.8%60.1%60.1%41.6%
Skew 25d11.4%5.1%15.0%11.3%11.4%
Skew 10d22.6%13.0%31.9%19.2%22.3%
Call IV 25d39.1%33.5%54.7%54.7%38.5%
Put IV 25d50.5%42.1%65.9%65.9%49.9%
Bid-Ask Spread %71.1259.3587.9269.7277.99
Gamma HHI0.140.050.850.140.09
Net GEX266.2K79.9K3.0M171.8K90.9K
Net DEX859.7K-2.2M4.1M3.7M-177.4K
Net VEX-34.2K-38.8K-30.4K-35.4K-32.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.291.471.171.32
Total Volume5,191.2863489,7835,9014,074
Total OI17,487.28612,15921,24619,18213,221

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-09-01$21.23$21.6763.9%18.3%52.7%94.4%60.1%11.3%-11.9%171.8K3.7M-35.4K1.1769.72N/AN/A2,7153,18611,4607,722
2015-09-02$21.77$21.6752.6%15.1%53.9%70.9%53.2%11.6%-5.6%191.7K3.0M-36.8K1.1965.71N/AN/A2,7423,25511,5088,079
2015-09-03$22.13$23.3347.6%12.8%54.7%60.4%39.1%13.7%-4.1%218.8K2.0M-37.2K1.2459.35N/AN/A2,6133,24011,5808,151
2015-09-04$21.45$23.3354.4%14.4%55.2%74.6%50.5%15.0%-7.9%177.2K4.1M-34.1K1.0967.16N/AN/A2,6822,91311,5958,163
2015-09-08$22.32$21.3347.0%12.2%57.2%59.1%40.8%12.8%-4.8%186.2K2.1M-32.3K0.2963.91N/AN/A89725811,4458,205
2015-09-09$21.70$15.0045.5%13.1%57.6%55.9%41.4%13.9%-4.5%160.5K3.3M-30.4K1.1062.40N/AN/A2,9133,21011,4878,313
2015-09-10$21.88$21.6745.3%13.0%57.9%55.3%41.5%13.5%-3.2%132.5K3.6M-31.1K0.9865.21N/AN/A3,4113,33611,5868,658
2015-09-11$22.04$21.6744.6%12.8%57.9%53.9%41.9%10.0%-5.7%127.9K2.9M-33.3K0.5362.86N/AN/A6,3753,40811,4938,772
2015-09-14$21.98$21.3345.1%12.9%57.5%54.9%42.0%12.9%-3.3%95.9K1.4M-38.1K1.1161.13N/AN/A3,0183,36011,8538,862
2015-09-15$22.62$21.3339.3%11.3%58.8%42.8%39.9%11.8%-1.5%105.0K-701.1K-38.8K1.4768.07N/AN/A14120711,9258,868
2015-09-16$22.93$21.3338.6%11.1%59.3%41.4%38.1%11.6%-3.2%120.2K-2.0M-38.3K1.2170.86N/AN/A2,9073,52811,9649,024
2015-09-17$22.44$21.3337.0%10.6%59.5%38.0%37.9%5.1%0.8%93.6K-940.5K-36.5K1.0587.92N/AN/A3,2733,45012,1059,054
2015-09-18$21.65$21.3339.9%11.4%59.4%44.0%38.2%9.3%-2.3%3.0M2.6M-33.8K1.0871.30N/AN/A3,2553,53112,1899,057
2015-09-21$22.10$21.0037.7%10.8%56.9%39.5%36.8%10.1%-0.7%115.2K-2.2M-33.4K0.9076.55N/AN/A2,3552,1307,8634,296
2015-09-22$21.35$21.0041.5%11.9%50.0%47.4%39.7%10.6%0.5%117.5K-1.4M-33.1K0.9872.58N/AN/A2,1872,1458,1634,338
2015-09-23$21.64$21.3339.1%11.2%49.3%42.3%38.3%12.4%-0.6%113.2K-1.4M-34.0K1.1073.02N/AN/A2,1212,3288,2624,653
2015-09-24$21.34$21.3343.1%12.4%47.1%50.8%40.5%10.1%-2.1%88.8K-309.1K-31.6K1.0477.47N/AN/A2,2562,3468,3074,872
2015-09-25$21.83$21.3340.9%11.7%44.6%46.2%38.7%10.8%-1.0%104.1K-1.8M-34.4K1.1079.53N/AN/A2,1242,3468,4424,878
2015-09-28$20.88$21.3350.1%14.4%47.0%65.4%46.9%8.0%-2.5%87.8K-113.9K-32.0K1.0483.26N/AN/A2,2232,3228,5054,947
2015-09-29$20.94$21.6748.7%14.0%47.0%62.6%46.8%14.0%-3.4%79.9K410.4K-31.7K1.2477.58N/AN/A1,8932,3438,3764,992
2015-09-30$21.47$21.6744.6%12.8%40.2%53.9%41.6%11.4%-2.8%90.9K-177.4K-32.3K1.3277.99N/AN/A1,7552,3198,2294,992