UYG Options History — June 2019

In June 2019, UYG traded between $40.69 and $45.24. ATM implied volatility averaged 29.4%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 2.3% (HV 20d: 27.1%). Max pain ranged from $39.00 to $43.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 6.55.

Notable Days

  • 2019-06-21: Highest Volume — 5,220 contracts
  • 2019-06-19: Largest IV spike — 65.0% change
  • 2019-06-19: Highest IV Rank — 47.9%
  • 2019-06-19: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.95$40.69$45.24$40.69$44.80
Max Pain$42.40$39.00$43.00$39.00$43.00
ATM IV29.4%24.8%46.9%32.6%26.9%
Expected Move8.4%7.1%13.5%9.3%7.7%
HV 20d27.1%22.5%34.3%30.0%22.5%
HV 60d25.5%24.0%26.8%25.5%24.4%
IV Rank21.1%14.1%47.9%25.9%17.2%
IV Percentile46.2%20.6%90.5%65.9%33.3%
Term Structure-0.8%-16.1%5.2%-1.7%-1.0%
VWIV28.6%23.0%52.6%52.6%24.4%
Skew 25d6.7%3.1%8.2%5.6%6.9%
Skew 10d14.4%-7.4%21.9%12.8%16.5%
Call IV 25d25.3%21.9%30.0%30.0%24.0%
Put IV 25d32.0%27.5%35.6%35.6%30.9%
Bid-Ask Spread %80.2738.79121.6285.5974.92
Gamma HHI0.220.130.670.140.19
Net GEX250.8K22.2K759.1K22.2K270.1K
Net DEX-4.1M-6.1M-1.1M-1.1M-4.7M
Net VEX-19.6K-40.3K-11.4K-13.7K-40.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.550.00102.001.000.10
Total Volume473.6125,22012656
Total OI4,1463,9435,0033,9434,358

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$40.69$39.0032.6%9.3%30.0%25.9%52.6%5.6%-1.7%22.2K-1.1M-13.7K1.0085.59N/AN/A662,6441,299
2019-06-04$42.40$39.0031.1%8.9%34.3%23.7%31.7%5.7%-0.7%75.5K-2.4M-14.1K0.8489.72N/AN/A19162,6391,304
2019-06-05$43.33$39.0031.2%8.9%32.3%23.8%30.8%4.6%-2.3%98.1K-3.4M-13.8K0.2680.16N/AN/A62162,6471,303
2019-06-06$43.83$43.0030.0%8.3%32.4%22.0%29.2%7.4%-1.3%158.3K-3.8M-14.4K1.2376.86N/AN/A941162,6891,303
2019-06-07$43.95$43.0029.0%8.1%32.3%20.4%28.9%7.1%0.1%185.5K-4.2M-13.9K1.2171.47N/AN/A961162,7141,247
2019-06-10$44.48$43.0028.5%7.8%32.4%19.7%26.6%7.2%1.4%229.2K-4.7M-13.1K0.0076.67N/AN/A2902,7141,244
2019-06-11$44.31$43.0029.5%8.0%27.5%21.3%27.8%7.1%-0.5%212.3K-4.5M-13.1K0.1279.87N/AN/A165202,7331,244
2019-06-12$43.90$43.0028.4%8.1%26.6%19.5%28.2%8.2%-0.0%200.4K-4.3M-14.0K0.1280.58N/AN/A163202,8171,238
2019-06-13$43.89$43.0027.9%8.0%26.6%18.8%27.4%7.5%0.1%221.5K-4.4M-13.2K0.1582.17N/AN/A183282,8151,238
2019-06-14$44.34$43.0027.9%8.0%26.2%18.8%27.6%6.9%1.0%249.3K-4.7M-12.7K0.2292.80N/AN/A189412,8351,216
2019-06-17$43.85$43.0029.0%8.3%26.3%20.4%24.5%7.6%0.1%222.6K-4.4M-12.5K0.0080.10N/AN/A2002,8411,229
2019-06-18$44.53$43.0028.5%8.2%26.6%19.6%26.0%7.3%-0.6%289.9K-5.0M-12.2K0.1877.39N/AN/A134242,8611,229
2019-06-19$44.76$43.0046.9%13.5%26.0%47.9%23.0%3.1%-16.1%315.2K-5.0M-12.2K0.43121.62N/AN/A7803392,8231,253
2019-06-20$45.24$43.0026.8%7.7%26.1%17.0%25.1%5.7%0.6%657.7K-6.1M-12.6K2.6681.39N/AN/A912423,5271,462
2019-06-21$45.00$43.0024.8%7.1%23.1%14.1%26.5%7.9%0.3%759.1K-5.4M-11.4K0.4096.26N/AN/A3,7391,4813,5371,466
2019-06-24$44.48$43.0027.4%7.9%22.9%18.0%0.0%7.3%5.2%232.5K-4.3M-39.1K102.0073.04N/AN/A11022,8651,188
2019-06-25$43.83$43.0027.4%7.9%22.6%18.1%31.8%7.9%-0.5%208.2K-3.6M-39.1K19.3373.63N/AN/A3582,8661,239
2019-06-26$43.32$43.0028.3%8.1%22.9%19.4%26.5%7.0%-0.6%192.3K-3.0M-38.2K0.5872.30N/AN/A88512,8671,254
2019-06-27$44.01$43.0025.9%7.4%23.2%15.7%24.0%6.4%1.1%216.6K-3.6M-39.0K0.2238.79N/AN/A227512,9111,261
2019-06-28$44.80$43.0026.9%7.7%22.5%17.2%24.4%6.9%-1.0%270.1K-4.7M-40.3K0.1074.92N/AN/A599573,0971,261