UYG Options History — October 2018

In October 2018, UYG traded between $36.52 and $43.73. ATM implied volatility averaged 36.7%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 9.0% (HV 20d: 27.7%). Max pain ranged from $43.00 to $45.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.68.

Notable Days

  • 2018-10-26: Highest Volume — 3,094 contracts
  • 2018-10-10: Largest IV spike — 26.0% change
  • 2018-10-30: Highest IV Rank — 25.4%
  • 2018-10-30: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.20$36.52$43.73$43.14$39.48
Max Pain$44.17$43.00$45.00$44.00$43.00
ATM IV36.7%24.8%47.5%25.5%41.4%
Expected Move10.4%7.1%13.6%7.3%11.9%
HV 20d27.7%16.9%42.1%16.9%42.1%
HV 60d21.1%15.9%27.9%17.3%27.9%
IV Rank16.9%7.6%25.4%8.1%20.6%
IV Percentile84.2%46.8%99.2%51.6%92.1%
Term Structure-6.4%-26.2%1.5%0.9%-6.9%
VWIV36.0%26.0%48.0%27.1%41.7%
Skew 25d9.5%4.2%24.9%5.5%9.3%
Skew 10d18.6%7.9%51.0%9.7%15.7%
Call IV 25d33.1%23.6%44.9%23.6%36.7%
Put IV 25d42.6%27.9%64.3%29.0%46.0%
Bid-Ask Spread %52.1024.6892.0556.0476.76
Gamma HHI0.060.050.080.080.06
Net GEX-41.2K-112.0K47.7K24.5K-70.8K
Net DEX2.8M687.2K4.8M897.4K3.3M
Net VEX-22.8K-30.3K-17.0K-22.0K-30.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.341.051.050.74
Total Volume2,184.9131,2723,0941,4543,049
Total OI5,319.0434,3456,7604,3456,760

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$43.14$44.0025.5%7.3%16.9%8.1%27.1%5.5%0.9%24.5K897.4K-22.0K1.0556.04N/AN/A7097452,3811,964
2018-10-02$43.22$44.0024.8%7.1%16.9%7.6%26.0%4.2%1.5%14.3K1.1M-22.2K0.7825.73N/AN/A7225612,3851,999
2018-10-03$43.55$44.0025.6%7.3%17.2%8.2%26.9%4.8%-1.3%42.6K736.0K-23.7K0.8154.93N/AN/A7586172,4022,095
2018-10-04$43.58$45.0031.0%8.5%17.2%12.5%29.5%6.4%-1.6%47.7K753.2K-25.3K0.7329.94N/AN/A7405392,4232,143
2018-10-05$43.24$45.0031.6%8.8%17.2%12.9%28.9%7.0%-2.0%33.9K1.0M-24.2K0.7230.29N/AN/A7415312,4232,160
2018-10-08$43.73$45.0031.4%8.2%17.8%12.8%27.9%5.3%-8.6%33.5K832.6K-23.7K0.7147.26N/AN/A7545352,4252,160
2018-10-09$43.56$45.0029.5%8.0%17.7%11.3%27.6%6.5%0.2%30.8K687.2K-23.8K0.5744.35N/AN/A1,2747312,4022,164
2018-10-10$41.41$45.0037.2%10.7%24.7%17.3%31.3%11.8%-9.3%-21.0K1.8M-22.8K0.6769.84N/AN/A1,0937342,6712,276
2018-10-11$39.27$45.0040.8%11.7%30.2%20.2%39.9%14.2%-12.7%-67.5K3.4M-20.1K0.6770.56N/AN/A1,1187452,6382,283
2018-10-12$38.87$44.0039.1%11.2%29.9%18.8%40.0%24.9%-16.3%-57.6K3.3M-21.2K0.7992.05N/AN/A9247302,6532,322
2018-10-15$39.11$44.0035.3%10.1%30.2%15.8%35.3%8.9%-2.8%-89.6K3.7M-19.4K0.7075.19N/AN/A1,0717542,7052,316
2018-10-16$40.04$44.0033.6%9.6%31.7%14.5%33.7%7.2%-0.2%-112.0K4.1M-17.6K0.3465.84N/AN/A2,2107562,8192,348
2018-10-17$40.38$44.0032.5%9.3%30.9%13.6%32.4%6.4%-1.6%-81.9K3.1M-21.2K0.3946.69N/AN/A1,9287523,4672,349
2018-10-18$39.67$44.0034.3%9.8%30.0%15.0%35.9%8.4%-0.6%-91.1K3.9M-17.9K0.4149.29N/AN/A1,8467663,4682,299
2018-10-19$39.85$44.0034.5%9.9%30.3%15.2%36.7%7.9%0.3%-64.9K3.4M-22.2K0.4853.67N/AN/A1,5717583,4702,320
2018-10-22$38.51$44.0037.6%10.8%31.2%17.6%37.8%10.0%-5.5%-55.6K2.7M-23.2K0.4824.68N/AN/A1,5677453,1532,159
2018-10-23$38.12$44.0044.1%12.6%31.1%22.7%40.8%8.2%-5.5%-64.5K3.8M-17.7K0.7244.17N/AN/A1,4681,0563,2432,162
2018-10-24$37.01$44.0046.0%13.2%31.6%24.2%48.0%12.9%-26.2%-91.0K4.4M-17.0K0.6964.72N/AN/A1,5111,0373,3102,361
2018-10-25$37.93$44.0047.3%13.6%33.8%25.2%44.1%9.9%-6.3%-78.1K4.3M-23.8K0.9032.10N/AN/A1,6271,4603,3592,506
2018-10-26$36.60$44.0046.9%13.4%35.3%24.9%47.7%13.0%-15.7%-77.7K4.8M-27.0K0.8554.66N/AN/A1,6681,4263,5282,877
2018-10-29$36.52$44.0045.9%13.2%35.3%24.1%43.8%13.5%-18.8%-75.2K4.1M-27.9K0.7658.65N/AN/A1,6871,2813,5162,879
2018-10-30$37.72$43.0047.5%13.6%38.0%25.4%45.8%11.7%-8.6%-76.7K4.2M-29.5K0.7630.77N/AN/A1,6771,2813,7152,880
2018-10-31$39.48$43.0041.4%11.9%42.1%20.6%41.7%9.3%-6.9%-70.8K3.3M-30.3K0.7476.76N/AN/A1,7521,2973,8782,882