UYG Options History — April 2017

In April 2017, UYG traded between $31.03 and $33.10. ATM implied volatility averaged 27.0%, placing in the 22.7% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 4.7% (HV 20d: 22.4%). Max pain ranged from $32.33 to $34.00. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 1.31.

Notable Days

  • 2017-04-18: Highest Volume — 5,217 contracts
  • 2017-04-12: Largest IV spike — 19.2% change
  • 2017-04-12: Highest IV Rank — 40.9%
  • 2017-04-12: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.06$31.03$33.10$32.25$32.16
Max Pain$33.02$32.33$34.00$34.00$32.67
ATM IV27.0%22.1%34.8%27.0%23.4%
Expected Move7.7%6.3%10.0%7.7%6.7%
HV 20d22.4%16.6%25.0%24.1%20.3%
HV 60d23.6%22.8%24.2%24.2%24.1%
IV Rank22.7%11.2%40.9%22.5%14.2%
IV Percentile37.0%2.8%84.9%36.1%9.1%
Term Structure0.3%-4.8%2.8%1.2%-0.9%
VWIV26.8%22.6%29.5%29.3%23.0%
Skew 25d5.6%0.7%8.8%6.6%5.2%
Skew 10d7.9%2.9%11.8%5.3%7.5%
Call IV 25d25.2%19.8%31.6%24.3%19.8%
Put IV 25d30.7%23.3%40.1%30.9%25.1%
Bid-Ask Spread %74.1753.6696.3984.7090.82
Gamma HHI0.110.070.200.080.20
Net GEX-14.3K-131.7K213.4K-53.3K148.2K
Net DEX1.4M-2.6M3.5M1.6M139.3K
Net VEX-31.9K-33.9K-29.6K-33.4K-29.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.872.011.371.49
Total Volume3,996.3162,6165,2174,4672,685
Total OI9,035.6847,69210,4018,2748,250

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-04-03$32.25$34.0027.0%7.7%24.1%22.5%29.3%6.6%1.2%-53.3K1.6M-33.4K1.3784.70N/AN/A1,8872,5803,8494,425
2017-04-04$32.16$33.6725.5%7.3%23.9%19.1%26.5%2.7%0.9%-34.7K1.4M-33.4K1.0681.33N/AN/A1,9172,0283,9724,491
2017-04-05$31.92$33.3324.3%7.0%24.0%16.4%27.1%7.8%2.8%-59.3K1.6M-33.0K1.2396.39N/AN/A1,6382,0074,0024,563
2017-04-06$32.14$33.6729.0%7.7%24.2%27.2%26.8%5.4%1.0%-112.6K2.3M-32.8K1.4171.30N/AN/A1,6472,3164,0684,872
2017-04-07$32.08$33.6727.1%8.3%24.2%22.7%28.5%5.7%0.0%-115.5K2.2M-33.9K1.3853.66N/AN/A1,6772,3224,0894,878
2017-04-10$31.98$33.3328.5%8.2%24.1%26.2%27.9%7.2%1.2%-118.2K2.4M-33.5K1.3060.01N/AN/A1,7822,3134,1194,944
2017-04-11$31.90$33.3329.2%8.6%24.1%27.7%29.5%8.2%0.4%-131.7K2.7M-32.2K1.3358.18N/AN/A1,7702,3584,2304,947
2017-04-12$31.53$33.3334.8%10.0%23.8%40.9%29.5%8.5%-4.8%-120.3K2.7M-32.6K0.9272.82N/AN/A2,5562,3584,2454,932
2017-04-13$31.12$33.3330.5%8.7%23.9%30.8%28.3%5.6%-0.6%-64.3K3.4M-32.3K0.8757.23N/AN/A2,6882,3495,0315,004
2017-04-17$31.03$33.3331.0%8.9%23.7%31.9%28.7%6.5%-0.2%-71.8K3.5M-29.9K0.8770.43N/AN/A2,6882,3495,0165,013
2017-04-18$31.63$32.3327.7%8.0%25.0%24.3%27.2%8.8%-1.5%-53.8K2.8M-30.8K0.8863.30N/AN/A2,7692,4485,1275,097
2017-04-19$31.35$32.3329.3%8.4%16.6%28.1%26.8%6.3%-0.3%-43.5K2.8M-32.0K0.9063.39N/AN/A2,7062,4485,1515,142
2017-04-20$32.26$32.3326.5%7.6%19.6%21.3%27.3%3.8%0.2%-58.0K982.5K-31.6K1.3375.73N/AN/A1,8542,4635,1965,151
2017-04-21$31.92$32.3327.7%7.9%19.9%24.3%28.8%7.6%2.4%-80.3K2.2M-32.2K1.3274.61N/AN/A1,8482,4455,1935,208
2017-04-24$32.64$32.3323.4%6.7%21.4%14.3%24.6%3.9%2.1%137.8K-812.4K-30.6K1.7376.58N/AN/A9571,6593,5824,110
2017-04-25$33.10$32.6723.7%6.8%21.5%15.0%22.6%1.0%0.8%169.4K-1.7M-31.3K1.8292.95N/AN/A9451,7163,6904,140
2017-04-26$33.10$32.6722.7%6.5%20.3%12.6%23.8%0.7%0.4%213.4K-2.6M-30.9K2.0182.64N/AN/A9301,8663,7624,152
2017-04-27$32.82$32.6722.1%6.3%20.4%11.2%23.0%4.1%1.4%176.9K-1.3M-29.9K1.7583.17N/AN/A1,0771,8843,7984,239
2017-04-28$32.16$32.6723.4%6.7%20.3%14.2%23.0%5.2%-0.9%148.2K139.3K-29.6K1.4990.82N/AN/A1,0771,6083,9874,263