UYG Options History — February 2017

In February 2017, UYG traded between $30.87 and $34.28. ATM implied volatility averaged 24.3%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 2.2% (HV 20d: 22.1%). Max pain ranged from $26.67 to $31.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.39.

Notable Days

  • 2017-02-28: Highest Volume — 3,384 contracts
  • 2017-02-08: Largest IV spike — 23.1% change
  • 2017-02-27: Highest IV Rank — 17.9%
  • 2017-02-03: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.89$30.87$34.28$31.03$34.03
Max Pain$27.68$26.67$31.00$31.00$28.33
ATM IV24.3%20.7%27.8%23.9%27.2%
Expected Move7.2%6.6%8.1%6.9%7.8%
HV 20d22.1%19.2%25.1%23.4%19.2%
HV 60d22.4%21.3%25.1%25.0%21.4%
IV Rank7.8%0.0%17.9%3.7%16.4%
IV Percentile10.2%0.0%32.5%6.3%29.8%
Term Structure1.0%-5.6%4.0%2.0%-1.1%
VWIV26.3%24.8%29.2%25.1%29.2%
Skew 25d4.0%2.4%6.3%2.9%3.6%
Skew 10d8.7%0.5%12.3%0.5%6.4%
Call IV 25d23.4%21.5%27.5%21.6%27.5%
Put IV 25d27.4%24.6%31.1%24.6%31.1%
Bid-Ask Spread %78.2163.33100.67100.6786.20
Gamma HHI0.100.060.190.060.10
Net GEX283.4K157.0K430.3K171.4K251.0K
Net DEX-9.0M-11.8M-5.2M-5.6M-10.0M
Net VEX-20.8K-24.9K-17.9K-24.9K-21.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.391.001.901.001.90
Total Volume2,952.6322,5143,3843,1593,384
Total OI8,282.6847,8219,0488,0168,619

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$31.03$31.0023.9%6.9%23.4%3.7%25.1%2.9%2.0%171.4K-5.6M-24.9K1.00100.67N/AN/A1,5811,5784,4883,528
2017-02-02$30.87$26.6723.2%7.6%21.0%2.4%27.1%6.3%0.3%157.0K-5.2M-24.2K1.0471.86N/AN/A1,5061,5724,4913,528
2017-02-03$32.01$27.0023.5%8.1%24.3%2.9%26.0%2.4%-0.1%258.6K-7.6M-22.1K1.0978.39N/AN/A1,4761,6144,5303,552
2017-02-06$31.75$27.3325.3%7.5%24.1%6.2%26.3%6.2%1.1%234.1K-7.1M-21.8K1.1473.73N/AN/A1,4431,6444,4223,480
2017-02-07$31.57$27.3320.7%7.2%23.5%0.0%26.7%5.0%2.2%248.5K-6.9M-21.7K1.1471.44N/AN/A1,4191,6114,4313,516
2017-02-08$31.39$27.3325.5%7.3%23.6%8.6%25.9%5.7%0.2%209.1K-6.4M-20.5K1.2263.33N/AN/A1,4011,7074,4253,516
2017-02-09$32.03$27.3325.0%7.2%24.7%9.0%25.6%4.7%1.8%280.9K-7.9M-19.6K1.5764.94N/AN/A1,1251,7614,4373,642
2017-02-10$32.30$27.3323.8%6.8%24.6%6.6%25.7%4.3%2.7%343.3K-8.5M-20.1K1.4966.83N/AN/A1,2511,8634,5213,672
2017-02-13$32.89$27.3324.1%6.9%25.1%8.7%26.5%3.8%2.2%389.8K-9.9M-20.6K1.6572.64N/AN/A1,1341,8724,7553,921
2017-02-14$33.39$27.3324.3%7.0%21.6%9.0%26.6%3.7%-0.2%376.4K-10.4M-20.3K1.7172.88N/AN/A1,0891,8574,6683,984
2017-02-15$33.74$27.6724.8%7.1%21.5%10.3%27.1%3.3%2.7%342.5K-11.3M-19.6K1.3372.33N/AN/A1,3801,8364,6744,011
2017-02-16$33.65$27.6724.1%6.9%20.9%8.7%26.2%3.9%3.7%400.5K-11.3M-20.6K1.5173.91N/AN/A1,2121,8334,8664,047
2017-02-17$33.66$27.6724.3%7.0%20.9%9.2%25.3%3.9%4.0%430.3K-11.8M-18.9K1.8180.27N/AN/A1,0051,8214,9894,059
2017-02-21$34.15$27.6722.9%6.6%21.1%5.4%24.8%2.5%2.0%265.7K-10.4M-17.9K1.5985.93N/AN/A9721,5424,3323,489
2017-02-22$34.12$27.6723.2%6.7%20.6%6.4%26.7%2.7%1.7%271.9K-10.2M-19.8K1.3986.23N/AN/A1,0801,4974,3893,531
2017-02-23$34.25$27.6723.2%6.7%19.7%6.3%25.5%3.4%2.1%253.4K-10.5M-19.9K1.2787.78N/AN/A1,1371,4494,4883,672
2017-02-24$33.88$27.6724.6%7.1%20.4%10.0%26.5%3.9%-2.5%249.9K-9.7M-21.0K1.3190.15N/AN/A1,1221,4704,5693,756
2017-02-27$34.28$28.0027.8%8.0%19.9%17.9%26.1%3.4%-5.6%250.7K-10.5M-20.1K1.3286.43N/AN/A1,2301,6264,5903,783
2017-02-28$34.03$28.3327.2%7.8%19.2%16.4%29.2%3.6%-1.1%251.0K-10.0M-21.4K1.9086.20N/AN/A1,1672,2174,7373,882