UYG Options History — April 2021

In April 2021, UYG traded between $53.85 and $61.42. ATM implied volatility averaged 32.1%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 9.4% (HV 20d: 22.7%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.31.

Notable Days

  • 2021-04-07: Highest Volume — 3,639 contracts
  • 2021-04-14: Largest IV drop — 10.3% change
  • 2021-04-05: Highest IV Rank — 12.9%
  • 2021-04-05: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.23$53.85$61.42$53.85$60.40
Max Pain$43.90$40.00$45.00$40.00$44.00
ATM IV32.1%29.1%37.6%35.2%30.8%
Expected Move9.1%8.3%10.8%10.1%8.8%
HV 20d22.7%19.7%29.7%29.7%22.2%
HV 60d32.7%27.6%35.6%35.6%28.0%
IV Rank6.2%2.2%12.9%9.1%4.5%
IV Percentile1.6%0.4%5.6%2.0%2.8%
Term Structure1.5%-1.6%3.2%1.0%1.8%
VWIV33.1%29.9%40.4%35.4%31.8%
Skew 25d3.7%2.3%4.8%2.8%3.5%
Skew 10d9.1%5.6%14.4%6.8%10.0%
Call IV 25d30.9%28.4%35.7%35.6%29.7%
Put IV 25d34.6%31.6%40.0%38.5%33.1%
Bid-Ask Spread %41.8029.7858.8147.5447.08
Gamma HHI0.250.170.430.380.17
Net GEX378.3K166.4K601.4K530.5K190.3K
Net DEX-28.7M-35.0M-23.8M-25.0M-26.6M
Net VEX-18.5K-25.6K-12.3K-20.5K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.012.180.120.26
Total Volume513.667283,63915959
Total OI6,640.7145,5478,0616,6655,762

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$53.85$40.0035.2%10.1%29.7%9.1%35.4%2.8%1.0%530.5K-25.0M-20.5K0.1247.54N/AN/A142175,927738
2021-04-05$55.03$45.0037.6%10.8%27.8%12.9%35.1%4.4%-1.6%450.2K-26.7M-16.8K0.0638.13N/AN/A167105,823742
2021-04-06$54.99$45.0036.1%10.0%25.0%11.0%40.4%4.3%1.7%455.1K-26.3M-16.0K0.0246.07N/AN/A743155,732759
2021-04-07$55.47$44.0034.1%9.5%24.6%8.4%37.3%4.4%0.7%479.6K-28.5M-18.0K0.0145.40N/AN/A3,597426,083780
2021-04-08$55.55$44.0034.9%9.3%23.1%9.4%33.4%3.6%1.4%601.4K-33.8M-25.6K0.0140.66N/AN/A1,166107,260801
2021-04-09$56.13$44.0031.8%9.3%23.2%5.9%33.6%4.8%2.1%564.5K-33.7M-25.1K0.1337.75N/AN/A674887,094802
2021-04-12$56.71$44.0032.7%9.2%22.7%7.2%34.5%3.3%1.5%524.7K-34.7M-20.9K0.1536.36N/AN/A620947,077843
2021-04-13$56.14$44.0035.1%9.3%22.9%10.4%36.4%3.1%1.1%515.9K-32.9M-22.1K0.3636.80N/AN/A6792476,958900
2021-04-14$56.53$44.0031.4%9.0%22.7%5.5%33.8%2.3%1.5%469.7K-33.6M-21.3K0.0736.78N/AN/A237176,954903
2021-04-15$57.08$44.0030.8%8.8%22.8%4.5%29.9%2.9%2.3%465.3K-34.4M-17.9K0.1645.80N/AN/A347546,906905
2021-04-16$57.85$44.0029.1%8.4%23.0%2.3%30.0%2.8%1.2%400.4K-35.0M-18.2K0.0543.92N/AN/A228126,844903
2021-04-19$57.45$44.0031.3%9.0%21.4%5.3%29.9%3.7%2.1%324.7K-25.5M-18.4K0.7532.36N/AN/A84635,142405
2021-04-20$56.17$44.0033.3%9.6%21.8%8.0%34.5%4.7%0.8%375.8K-23.8M-20.6K2.1846.59N/AN/A982145,158464
2021-04-21$57.50$44.0030.8%8.8%19.7%4.6%30.2%4.2%2.2%293.6K-24.9M-19.3K0.2040.38N/AN/A70145,125665
2021-04-22$56.84$44.0031.4%9.0%20.5%5.3%31.8%4.2%2.4%292.1K-24.3M-19.1K0.1738.46N/AN/A2445,131675
2021-04-23$58.53$44.0029.7%8.5%21.8%3.1%32.1%3.6%1.8%227.8K-26.2M-17.2K0.1239.82N/AN/A209255,126739
2021-04-26$58.87$44.0029.8%8.5%20.6%3.2%31.4%3.8%1.5%211.5K-26.1M-16.0K0.5758.81N/AN/A81465,074753
2021-04-27$59.47$44.0031.0%8.9%20.6%4.8%30.9%4.7%0.8%197.5K-26.4M-15.4K0.0729.78N/AN/A180135,034776
2021-04-28$59.89$44.0029.1%8.3%20.6%2.3%33.2%3.5%2.4%207.1K-26.8M-14.5K0.9852.00N/AN/A65645,072773
2021-04-29$61.42$44.0029.1%8.3%20.8%2.2%30.1%3.5%3.2%166.4K-28.1M-12.3K0.1237.36N/AN/A240285,044803
2021-04-30$60.40$44.0030.8%8.8%22.2%4.5%31.8%3.5%1.8%190.3K-26.6M-14.1K0.2647.08N/AN/A47124,968794