UYG Options History — June 2018

In June 2018, UYG traded between $40.12 and $43.51. ATM implied volatility averaged 28.7%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 3.1% (HV 20d: 25.6%). Max pain ranged from $41.00 to $42.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.38.

Notable Days

  • 2018-06-11: Highest Volume — 1,570 contracts
  • 2018-06-11: Largest IV spike — 33.5% change
  • 2018-06-29: Highest IV Rank — 20.4%
  • 2018-06-29: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.06$40.12$43.51$41.81$40.77
Max Pain$41.05$41.00$42.00$42.00$41.00
ATM IV28.7%21.8%41.2%25.3%41.2%
Expected Move8.0%7.0%11.8%7.3%11.8%
HV 20d25.6%17.2%28.7%28.4%17.2%
HV 60d31.4%25.1%35.7%35.6%25.1%
IV Rank10.7%5.2%20.4%8.0%20.4%
IV Percentile74.3%30.6%95.6%66.7%95.6%
Term Structure-1.9%-23.1%3.2%-23.1%-9.9%
VWIV27.8%23.7%37.5%37.5%29.6%
Skew 25d5.4%-3.0%11.5%4.5%11.5%
Skew 10d13.0%6.8%29.8%20.6%29.8%
Call IV 25d29.1%22.3%56.2%23.6%56.2%
Put IV 25d34.6%28.0%67.7%28.1%67.7%
Bid-Ask Spread %50.3724.42146.7573.13111.21
Gamma HHI0.050.040.080.080.05
Net GEX95.5K13.7K149.8K13.7K96.6K
Net DEX-2.0M-3.5M-693.3K-1.5M-1.7M
Net VEX-23258.83B-488435.42B-11.2K-488435.42B-13.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.240.520.520.38
Total Volume1,260.2388081,5701,3331,101
Total OI3,353.5712,4334,5054,5052,686

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$41.81$42.0025.3%7.3%28.4%8.0%37.5%4.5%-23.1%13.7K-1.5M-488435.42B0.5273.13N/AN/A8764572,4592,046
2018-06-04$42.27$41.0021.8%7.2%27.1%5.2%24.4%5.6%0.2%75.4K-2.4M-13.9K0.3160.64N/AN/A6171912,0731,662
2018-06-05$41.96$41.0024.6%7.4%27.2%7.4%23.7%6.0%-0.1%71.4K-2.0M-12.5K0.2949.88N/AN/A1,1473292,1121,668
2018-06-06$43.19$41.0028.1%7.0%28.7%10.2%25.1%4.9%1.1%135.6K-3.2M-14.6K0.2424.42N/AN/A1,1612842,3691,722
2018-06-07$43.39$41.0028.5%7.6%28.1%10.5%25.5%4.7%-1.2%144.0K-3.5M-12.8K0.2832.67N/AN/A1,0052862,3821,729
2018-06-08$43.51$41.0026.1%7.0%27.4%8.6%25.0%4.2%1.0%149.8K-3.5M-14.6K0.3330.25N/AN/A1,1433732,3991,727
2018-06-11$43.48$41.0034.8%7.3%27.4%15.5%24.3%5.4%-0.1%146.4K-3.0M-13.4K0.3326.37N/AN/A1,1843862,2401,730
2018-06-12$43.20$41.0034.8%7.4%27.5%15.4%25.8%5.5%-0.6%141.7K-3.0M-13.5K0.3729.43N/AN/A1,0483862,2751,751
2018-06-13$42.82$41.0029.7%8.5%27.3%11.4%34.5%-3.0%3.2%99.7K-2.9M-15.1K0.35146.75N/AN/A1,0853852,2591,751
2018-06-14$42.38$41.0025.7%7.4%27.5%8.3%26.3%4.3%0.3%64.1K-2.2M-11.6K0.3926.32N/AN/A1,0854182,2991,750
2018-06-15$42.24$41.0030.7%8.8%27.4%12.2%26.3%8.3%-3.1%83.1K-2.3M-11.3K0.37115.78N/AN/A1,1264212,2631,785
2018-06-18$42.13$41.0025.9%7.4%27.2%8.5%26.2%4.8%0.1%90.7K-1.6M-11.6K0.4339.42N/AN/A7593281,577856
2018-06-19$42.01$41.0026.5%7.6%26.7%8.9%26.6%5.1%-0.1%99.6K-1.6M-11.2K0.4035.74N/AN/A7783131,675862
2018-06-20$42.12$41.0025.7%7.4%26.3%8.3%26.8%4.2%1.2%95.9K-1.6M-12.6K0.4126.73N/AN/A7723171,676881
2018-06-21$41.74$41.0028.5%8.2%26.2%10.5%27.5%6.2%-4.4%99.5K-1.5M-13.0K0.4340.79N/AN/A7393171,717867
2018-06-22$41.75$41.0027.5%7.9%26.1%9.7%28.0%6.7%0.1%93.5K-1.4M-12.1K0.4130.16N/AN/A7753161,722867
2018-06-25$40.92$41.0029.3%8.4%27.0%11.1%30.0%6.1%-2.1%82.5K-1.0M-11.4K0.4448.35N/AN/A7693411,751872
2018-06-26$40.85$41.0028.0%8.0%20.9%10.1%28.9%5.8%0.3%80.2K-940.2K-12.1K0.4633.49N/AN/A7853591,749882
2018-06-27$40.12$41.0029.6%8.5%18.1%11.3%30.4%8.1%-0.6%66.0K-693.3K-11.7K0.4550.68N/AN/A7973591,749904
2018-06-28$40.55$41.0031.5%9.0%18.1%12.9%31.4%5.4%-1.3%76.4K-826.1K-12.4K0.4425.49N/AN/A7983491,776905
2018-06-29$40.77$41.0041.2%11.8%17.2%20.4%29.6%11.5%-9.9%96.6K-1.7M-13.8K0.38111.21N/AN/A7953061,780906