UYG Options History — November 2018

In November 2018, UYG traded between $38.07 and $41.64. ATM implied volatility averaged 41.5%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 3.8% (HV 20d: 37.7%). Max pain ranged from $38.00 to $43.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.76.

Notable Days

  • 2018-11-26: Highest Volume — 3,576 contracts
  • 2018-11-08: Largest IV spike — 155.2% change
  • 2018-11-08: Highest IV Rank — 51.5%
  • 2018-11-02: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.96$38.07$41.64$39.19$41.09
Max Pain$39.70$38.00$43.00$43.00$39.67
ATM IV41.5%31.7%81.0%40.3%36.0%
Expected Move10.7%9.0%12.1%11.6%10.3%
HV 20d37.7%31.6%43.5%42.0%31.7%
HV 60d29.6%27.9%31.8%27.9%31.8%
IV Rank20.6%13.0%51.5%19.7%16.4%
IV Percentile86.8%73.8%99.6%90.5%78.6%
Term Structure-2.6%-11.8%9.3%-8.1%-3.1%
VWIV40.9%32.1%52.6%42.8%37.3%
Skew 25d11.0%-3.3%34.6%10.0%6.7%
Skew 10d17.7%-18.6%42.9%24.6%29.8%
Call IV 25d36.9%28.7%64.3%37.5%33.3%
Put IV 25d47.9%35.9%72.7%47.5%40.0%
Bid-Ask Spread %71.0824.86113.7482.5161.07
Gamma HHI0.050.040.060.050.04
Net GEX-57.6K-85.4K-4.6K-62.6K-4.6K
Net DEX2.2M547.1K3.6M2.9M693.9K
Net VEX-30.8K-34.5K-25.7K-32.8K-31.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.520.920.920.61
Total Volume3,038.7142,5773,5763,1603,263
Total OI6,849.3815,9537,5056,7656,537

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$39.19$43.0040.3%11.6%42.0%19.7%42.8%10.0%-8.1%-62.6K2.9M-32.8K0.9282.51N/AN/A1,6461,5143,8672,898
2018-11-02$38.84$43.0042.2%12.1%42.1%21.2%42.0%9.2%-6.2%-77.5K3.6M-30.7K0.7624.86N/AN/A1,9121,4483,8983,032
2018-11-05$40.00$38.0044.1%10.7%43.5%22.7%39.6%11.0%-2.7%-67.7K2.7M-32.9K0.7731.95N/AN/A1,8401,4184,1163,226
2018-11-06$40.09$38.0044.4%10.7%43.5%22.9%38.3%8.1%-2.5%-72.1K2.5M-33.0K0.8538.51N/AN/A1,6711,4284,1333,262
2018-11-07$41.54$38.0031.7%9.0%42.1%13.0%32.1%8.0%-1.7%-69.1K1.4M-34.5K0.7949.22N/AN/A1,7111,3574,1423,295
2018-11-08$41.64$38.0081.0%11.3%37.1%51.5%37.9%21.1%-11.8%-45.7K547.1K-34.3K0.77113.74N/AN/A1,6751,2904,1873,297
2018-11-09$41.29$38.0033.9%9.1%37.0%14.7%34.3%5.4%-0.2%-60.5K1.6M-32.0K0.7772.80N/AN/A1,6751,2904,2083,297
2018-11-12$40.02$38.0050.1%10.8%38.9%27.3%38.8%5.3%-3.5%-61.2K2.4M-31.0K0.7365.44N/AN/A1,7511,2844,2083,297
2018-11-13$40.16$40.0050.0%10.5%38.0%27.3%43.5%13.5%-2.3%-58.8K2.7M-31.8K0.8466.42N/AN/A1,5261,2844,1533,298
2018-11-14$39.54$40.0039.3%11.3%38.3%19.0%52.4%30.3%0.0%-61.5K2.6M-31.9K0.8488.78N/AN/A1,5261,2844,1713,267
2018-11-15$39.93$40.0037.6%10.8%37.9%17.6%41.8%10.0%-3.1%-47.2K3.0M-29.0K0.8478.23N/AN/A1,5491,3014,1813,198
2018-11-16$40.35$40.0035.6%10.2%38.1%16.0%52.6%8.3%1.4%-76.7K2.1M-29.1K0.76105.14N/AN/A1,6931,2794,1903,131
2018-11-19$39.81$40.0037.1%10.6%36.2%17.2%41.9%4.9%-0.9%-55.2K1.7M-32.2K0.9065.23N/AN/A1,3581,2193,0862,867
2018-11-20$38.76$40.0041.6%11.9%37.4%20.7%44.3%10.0%-4.4%-79.1K2.9M-26.8K0.8367.76N/AN/A1,4611,2193,0942,868
2018-11-21$38.82$40.0034.3%9.8%35.6%15.0%42.0%12.9%9.3%-69.0K2.4M-27.9K0.8397.34N/AN/A1,4611,2203,0922,868
2018-11-23$38.07$40.0038.8%11.1%35.4%18.5%40.7%10.2%-0.2%-85.4K3.0M-25.7K0.8987.98N/AN/A1,3721,2233,0912,872
2018-11-26$39.44$40.0038.3%11.0%34.9%18.2%38.7%-3.3%-2.5%-71.0K2.6M-27.1K0.5293.00N/AN/A2,3521,2243,0912,874
2018-11-27$39.39$40.0038.0%10.9%34.8%17.9%37.6%8.1%-4.7%-49.6K2.2M-28.9K0.5669.01N/AN/A2,2091,2413,6332,873
2018-11-28$40.77$40.0037.1%10.6%35.1%17.2%35.5%6.6%-4.9%-22.5K1.2M-30.4K0.5755.58N/AN/A2,1931,2413,6402,868
2018-11-29$40.51$40.0039.2%11.2%31.6%18.8%45.1%34.6%-2.0%-13.3K1.2M-31.9K0.6378.16N/AN/A1,9661,2393,6632,868
2018-11-30$41.09$39.6736.0%10.3%31.7%16.4%37.3%6.7%-3.1%-4.6K693.9K-31.9K0.6161.07N/AN/A2,0241,2393,6692,868