UYG Options History — December 2018

In December 2018, UYG traded between $29.33 and $41.43. ATM implied volatility averaged 51.7%, placing in the 28.7% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 11.8% (HV 20d: 40.0%). Max pain ranged from $35.00 to $39.67. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.93.

Notable Days

  • 2018-12-04: Highest Volume — 795 contracts
  • 2018-12-10: Largest IV spike — 27.9% change
  • 2018-12-24: Highest IV Rank — 37.2%
  • 2018-12-24: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.49$29.33$41.43$41.43$32.42
Max Pain$36.30$35.00$39.67$39.67$35.00
ATM IV51.7%41.8%62.7%42.5%54.6%
Expected Move14.2%10.9%18.0%12.2%15.7%
HV 20d40.0%31.5%47.5%31.5%45.9%
HV 60d36.6%31.9%40.7%31.9%40.7%
IV Rank28.7%20.9%37.2%21.5%30.9%
IV Percentile96.4%87.7%99.2%91.3%96.4%
Term Structure-5.4%-13.9%-0.6%-13.9%-9.7%
VWIV44.5%30.0%56.5%30.0%53.0%
Skew 25d9.3%-6.6%18.8%18.8%5.8%
Skew 10d33.4%17.9%92.1%42.5%23.0%
Call IV 25d47.5%36.8%63.5%36.8%48.0%
Put IV 25d56.8%44.0%79.8%55.6%53.8%
Bid-Ask Spread %82.5560.27113.9788.2681.76
Gamma HHI0.060.050.090.050.07
Net GEX-52.5K-90.2K-9.1K-9.1K-41.9K
Net DEX4.1M303.6K5.8M303.6K4.2M
Net VEX-19.8K-30.1K-11.4K-29.2K-13.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.0013.000.000.00
Total Volume271.327956252
Total OI6,568.155,4257,0536,5915,484

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$41.43$39.6742.5%12.2%31.5%21.5%30.0%18.8%-13.9%-9.1K303.6K-29.2K0.0088.26N/AN/A62413,7232,868
2018-12-04$38.49$39.6749.5%14.2%40.1%26.9%39.8%-6.6%-8.6%-67.6K2.4M-27.0K0.2678.35N/AN/A6321633,9692,869
2018-12-05$38.43$39.6750.9%14.6%40.1%28.0%40.9%-1.6%-9.9%-44.4K1.9M-30.1K0.2683.33N/AN/A6321633,9692,869
2018-12-06$38.14$36.0050.5%11.9%37.6%27.7%44.7%-2.5%-1.4%-55.9K3.1M-28.1K0.0177.94N/AN/A15123,9682,954
2018-12-07$37.31$36.0047.6%10.9%38.0%25.5%36.4%6.0%-1.4%-51.4K2.9M-27.4K0.0681.83N/AN/A713443,9602,964
2018-12-10$36.23$36.0061.0%13.0%38.9%35.9%40.9%9.6%-3.0%-69.6K4.1M-23.8K0.3060.27N/AN/A3093,9892,967
2018-12-11$35.81$36.0055.8%12.6%37.9%31.8%40.8%10.7%-1.4%-82.1K4.3M-22.8K0.1666.73N/AN/A5793,9902,974
2018-12-12$35.92$36.0041.8%12.0%37.9%20.9%38.2%9.9%-0.6%-90.2K4.4M-21.8K0.1568.48N/AN/A66104,0042,975
2018-12-13$35.35$36.0043.8%12.5%37.9%22.4%38.7%8.4%-1.3%-87.0K4.8M-20.9K0.1770.46N/AN/A129224,0152,960
2018-12-14$34.53$36.0044.4%12.7%37.9%22.9%40.0%10.6%-1.1%-71.6K5.0M-19.7K0.1770.80N/AN/A128224,0732,970
2018-12-17$33.23$36.0048.8%14.0%38.9%26.4%45.3%16.3%-4.7%-61.8K5.0M-18.0K13.0086.64N/AN/A2264,0752,923
2018-12-18$33.53$36.0048.2%13.8%39.4%25.9%46.4%9.6%-0.7%-48.7K5.5M-17.5K0.1882.40N/AN/A146264,0762,915
2018-12-19$32.49$36.0054.9%15.7%39.7%31.1%37.2%12.6%-10.6%-27.2K4.7M-18.2K0.18113.97N/AN/A147274,1382,915
2018-12-20$31.74$36.0051.5%14.8%39.8%28.5%55.4%15.1%-2.9%-38.6K5.8M-13.6K1.2581.66N/AN/A1612024,1382,868
2018-12-21$30.72$36.0055.7%16.0%40.5%31.8%51.4%15.7%-12.9%-43.9K5.8M-12.4K0.9392.21N/AN/A1961824,1282,846
2018-12-24$29.33$35.0062.7%18.0%38.5%37.2%56.5%11.4%-7.5%-37.4K4.8M-11.4K0.4591.49N/AN/A2361063,1442,347
2018-12-26$31.27$35.0059.3%17.0%47.5%34.6%53.9%13.6%-4.8%-42.2K4.7M-12.6K0.5393.40N/AN/A40213,1542,271
2018-12-27$31.59$35.0057.7%16.5%45.1%33.3%53.0%10.9%-9.0%-39.5K4.5M-13.0K0.2193.64N/AN/A137293,1832,256
2018-12-28$31.88$35.0053.3%15.3%45.7%29.9%48.4%12.3%-1.7%-39.8K4.1M-14.1K0.2887.44N/AN/A104293,2122,260
2018-12-31$32.42$35.0054.6%15.7%45.9%30.9%53.0%5.8%-9.7%-41.9K4.2M-13.9K0.0081.76N/AN/A203,2242,260