UYG Options History — November 2019

In November 2019, UYG traded between $49.36 and $51.95. ATM implied volatility averaged 19.7%, placing in the 6.9% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 5.3% (HV 20d: 14.4%). Max pain ranged from $41.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.44.

Notable Days

  • 2019-11-14: Highest Volume — 682 contracts
  • 2019-11-11: Largest IV spike — 14.1% change
  • 2019-11-11: Highest IV Rank — 10.4%
  • 2019-11-07: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.44$49.36$51.95$49.36$51.80
Max Pain$42.55$41.00$45.00$45.00$41.00
ATM IV19.7%18.4%21.5%19.5%19.1%
Expected Move5.9%5.3%6.7%5.6%5.5%
HV 20d14.4%10.7%22.2%22.2%11.7%
HV 60d23.9%20.3%29.3%29.2%20.3%
IV Rank6.9%4.9%10.4%5.9%6.2%
IV Percentile4.8%0.8%10.7%2.4%4.8%
Term Structure2.2%0.8%4.0%4.0%1.2%
VWIV22.0%18.3%30.2%19.2%24.8%
Skew 25d5.4%4.1%6.6%4.1%4.7%
Skew 10d11.6%4.3%20.4%7.9%10.9%
Call IV 25d18.6%16.0%21.4%17.2%18.0%
Put IV 25d23.9%21.0%26.6%21.3%22.6%
Bid-Ask Spread %73.2940.48108.88108.8874.49
Gamma HHI0.180.130.280.130.21
Net GEX657.1K506.8K1.0M506.8K639.7K
Net DEX-12.8M-17.1M-8.6M-8.6M-17.1M
Net VEX-18.9K-22.2K-16.9K-22.2K-17.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.001.590.500.91
Total Volume134.756682642
Total OI5,766.255,2736,8465,6895,749

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$49.36$45.0019.5%5.6%22.2%5.9%19.2%4.1%4.0%506.8K-8.6M-22.2K0.50108.88N/AN/A423,3422,347
2019-11-04$49.73$44.0020.1%6.5%22.1%6.8%22.1%5.2%2.6%567.0K-9.6M-20.6K0.0066.92N/AN/A703,3422,347
2019-11-05$49.65$44.0020.3%6.5%17.5%7.1%26.2%5.1%2.1%580.5K-9.4M-20.4K0.2368.73N/AN/A1333,3472,347
2019-11-06$49.80$44.0018.9%6.4%17.3%5.0%22.6%6.6%2.4%629.9K-9.6M-19.8K0.0071.26N/AN/A603,3572,347
2019-11-07$50.12$44.0020.3%6.7%17.1%7.2%30.2%5.6%1.5%665.2K-10.5M-18.5K1.5381.06N/AN/A32493,3562,347
2019-11-08$50.10$44.0018.8%6.3%15.3%4.9%21.8%5.7%3.1%726.8K-10.3M-18.6K0.3275.95N/AN/A96313,3782,372
2019-11-11$50.10$44.0021.5%6.3%14.9%10.4%25.9%5.2%3.8%767.6K-10.5M-18.2K0.9575.37N/AN/A78743,4472,386
2019-11-12$50.10$44.0019.1%6.2%13.4%6.2%22.0%5.9%3.1%838.3K-10.5M-19.0K0.3974.81N/AN/A87343,5142,460
2019-11-13$49.91$44.0021.0%6.0%13.3%9.5%22.9%5.8%3.0%875.3K-10.4M-18.0K1.5986.92N/AN/A27433,5822,493
2019-11-14$50.06$44.0021.1%6.0%13.3%9.6%23.5%5.9%3.3%1.0M-11.1M-18.7K0.0367.41N/AN/A660223,7212,505
2019-11-15$50.36$41.0020.3%5.8%13.3%8.3%20.2%5.7%3.4%745.4K-15.2M-18.1K0.0675.96N/AN/A301174,3232,523
2019-11-18$50.56$41.0019.3%5.5%11.8%6.6%19.9%5.5%1.8%519.6K-14.0M-19.2K0.1575.35N/AN/A238364,0571,216
2019-11-19$51.11$41.0019.5%5.6%10.7%6.8%20.3%5.1%1.1%565.5K-15.5M-19.8K0.4440.48N/AN/A108474,2321,247
2019-11-20$50.72$41.0019.8%5.7%11.4%7.4%21.7%5.0%0.8%554.7K-14.9M-19.6K0.2768.91N/AN/A127344,2391,291
2019-11-21$50.26$41.0021.0%6.0%12.1%9.5%19.9%5.0%0.8%551.6K-14.2M-19.8K0.8467.27N/AN/A25214,2441,320
2019-11-22$50.54$41.0018.7%5.4%12.1%5.5%18.3%6.1%2.0%557.3K-14.5M-19.8K0.0367.55N/AN/A3814,2571,340
2019-11-25$51.19$41.0018.4%5.3%12.6%4.9%18.3%4.5%1.5%610.5K-15.8M-17.6K0.0872.83N/AN/A133104,2941,341
2019-11-26$51.44$41.0018.5%5.3%12.6%5.1%19.1%5.0%1.6%617.8K-16.3M-17.1K0.4372.32N/AN/A1464,3091,348
2019-11-27$51.95$41.0018.6%5.3%12.9%5.3%20.5%5.6%1.2%605.5K-17.1M-16.9K0.0173.40N/AN/A22634,3041,354
2019-11-29$51.80$41.0019.1%5.5%11.7%6.2%24.8%4.7%1.2%639.7K-17.1M-17.2K0.9174.49N/AN/A22204,3941,355