UYG Options History — June 2020

In June 2020, UYG traded between $27.72 and $36.82. ATM implied volatility averaged 67.4%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded below realized volatility by 16.8% (HV 20d: 84.2%). Max pain ranged from $25.00 to $28.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.28.

Notable Days

  • 2020-06-04: Highest Volume — 1,426 contracts
  • 2020-06-11: Largest IV spike — 33.2% change
  • 2020-06-11: Highest IV Rank — 36.5%
  • 2020-06-11: Largest Expected Move — 22.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.22$27.72$36.82$30.30$29.05
Max Pain$27.73$25.00$28.00$28.00$28.00
ATM IV67.4%57.7%79.0%60.3%62.0%
Expected Move19.1%16.2%22.7%17.3%17.8%
HV 20d84.2%76.9%96.3%77.1%85.5%
HV 60d111.6%88.7%141.8%141.8%88.7%
IV Rank29.6%23.8%36.5%25.4%26.4%
IV Percentile79.4%71.8%86.9%77.4%71.8%
Term Structure-4.5%-15.3%1.4%0.3%0.4%
VWIV71.8%42.0%113.6%58.5%42.0%
Skew 25d12.7%-13.4%26.4%10.5%26.1%
Skew 10d35.3%5.0%58.9%57.8%22.3%
Call IV 25d64.3%44.1%104.2%56.1%56.6%
Put IV 25d77.0%63.4%90.9%66.6%82.7%
Bid-Ask Spread %74.6928.6093.4989.8391.88
Gamma HHI0.110.080.180.160.10
Net GEX40.5K28.3K52.1K38.8K42.5K
Net DEX-2.1M-4.2M-1.2M-1.2M-1.6M
Net VEX-9.3K-12.1K-6.9K-7.9K-6.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.300.060.04
Total Volume233.773191,42619105
Total OI4,025.1822,9134,8953,8783,207

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$30.30$28.0060.3%17.3%77.1%25.4%58.5%10.5%0.3%38.8K-1.2M-7.9K0.0689.83N/AN/A1812,957921
2020-06-02$30.41$28.0062.0%17.8%76.9%26.4%58.1%12.3%-2.8%34.6K-1.4M-7.8K0.0028.60N/AN/A3102,974922
2020-06-03$32.85$28.0058.2%16.7%80.7%24.1%57.2%14.0%1.2%28.3K-2.2M-8.5K0.1679.72N/AN/A341542,989922
2020-06-04$33.11$25.0057.7%16.6%78.8%23.8%58.9%9.5%-4.5%37.4K-2.5M-9.8K0.4139.94N/AN/A1,0124143,167973
2020-06-05$35.65$25.0064.3%16.2%81.3%27.8%53.4%19.3%-6.2%43.7K-3.9M-12.1K0.4690.48N/AN/A169773,1831,051
2020-06-08$36.82$28.0069.4%17.4%81.0%30.8%66.0%13.3%-6.6%42.2K-4.2M-11.6K0.1969.40N/AN/A79153,2031,098
2020-06-09$36.03$28.0060.6%16.9%80.5%25.6%62.5%19.8%-7.7%39.6K-3.9M-11.1K0.1060.31N/AN/A115113,2731,108
2020-06-10$33.79$28.0059.3%17.0%80.8%24.8%64.5%2.5%1.1%32.6K-3.2M-11.1K0.1188.28N/AN/A237273,3671,112
2020-06-11$28.96$28.0079.0%22.7%96.3%36.5%92.5%-13.4%-12.2%44.4K-2.0M-11.9K1.3080.68N/AN/A841093,5091,102
2020-06-12$30.01$28.0078.8%22.6%95.9%36.4%81.3%6.4%-11.8%36.8K-1.3M-9.6K0.3166.49N/AN/A176553,5251,151
2020-06-15$30.59$28.0077.0%22.1%95.5%35.3%86.9%10.0%-15.3%41.2K-1.5M-8.9K0.3570.16N/AN/A79283,5971,185
2020-06-16$31.69$28.0078.3%22.5%87.0%36.1%75.8%0.7%-8.8%40.4K-2.3M-10.4K0.4986.40N/AN/A39193,6661,186
2020-06-17$31.24$28.0074.8%21.4%85.5%34.0%113.6%13.3%-8.9%47.8K-2.2M-10.7K0.5270.73N/AN/A21113,6901,188
2020-06-18$30.90$28.0075.4%21.6%85.4%34.4%83.9%14.2%-11.0%52.1K-1.9M-9.5K0.1460.32N/AN/A2843,6961,199
2020-06-19$30.56$28.0069.3%19.9%85.5%30.7%107.7%19.5%-3.9%43.1K-2.1M-9.2K0.5674.56N/AN/A112633,6891,201
2020-06-22$30.35$28.0068.0%19.5%85.6%30.0%73.1%19.5%-2.3%44.0K-1.5M-8.7K0.4175.88N/AN/A27112,364549
2020-06-23$30.72$28.0063.2%18.1%80.0%27.1%63.8%26.4%0.6%44.6K-1.5M-8.2K0.3181.82N/AN/A1,0013142,385544
2020-06-24$28.64$28.0066.3%19.0%81.7%29.0%67.6%10.8%0.4%38.9K-1.5M-7.6K0.0481.55N/AN/A9442,573530
2020-06-25$29.46$28.0065.9%18.9%82.4%28.7%68.9%19.9%-2.6%44.2K-1.9M-8.4K0.0584.97N/AN/A7542,639531
2020-06-26$27.72$28.0066.3%19.0%84.9%28.9%70.7%11.4%1.4%36.7K-1.4M-7.5K0.0977.78N/AN/A4642,685529
2020-06-29$28.05$28.0067.8%19.4%84.4%29.8%73.5%12.6%0.1%37.0K-1.4M-7.0K0.0793.49N/AN/A2722,684530
2020-06-30$29.05$28.0062.0%17.8%85.5%26.4%42.0%26.1%0.4%42.5K-1.6M-6.9K0.0491.88N/AN/A10142,678529