UYG Options History — August 2021

In August 2021, UYG traded between $62.89 and $68.16. ATM implied volatility averaged 31.7%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 3.3% (HV 20d: 28.4%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 0.36.

Notable Days

  • 2021-08-13: Highest Volume — 867 contracts
  • 2021-08-27: Largest IV drop — 25.4% change
  • 2021-08-19: Highest IV Rank — 23.1%
  • 2021-08-19: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.91$62.89$68.16$62.89$66.93
Max Pain$54.73$50.00$60.00$59.00$60.00
ATM IV31.7%25.6%36.1%34.0%31.1%
Expected Move9.3%7.3%10.3%9.7%8.9%
HV 20d28.4%17.9%42.6%42.6%21.5%
HV 60d31.5%30.5%33.5%33.5%31.5%
IV Rank13.0%0.0%23.1%18.2%12.7%
IV Percentile17.2%0.0%35.7%24.6%14.7%
Term Structure1.4%-0.6%5.2%-0.6%1.0%
VWIV33.8%27.1%40.3%32.4%27.1%
Skew 25d6.6%3.9%8.7%5.9%5.8%
Skew 10d15.4%10.7%20.8%19.4%17.8%
Call IV 25d30.0%25.8%34.3%31.8%27.9%
Put IV 25d36.6%31.6%43.0%37.7%33.8%
Bid-Ask Spread %54.9629.8984.7956.2629.89
Gamma HHI0.280.110.540.110.47
Net GEX366.6K216.9K631.6K216.9K459.6K
Net DEX-8.6M-10.8M-6.0M-6.1M-8.8M
Net VEX-14.9K-17.7K-11.0K-17.7K-16.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.021.670.570.08
Total Volume175.864158672297
Total OI3,3042,6574,0803,1133,256

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$62.89$59.0034.0%9.7%42.6%18.2%32.4%5.9%-0.6%216.9K-6.1M-17.7K0.5756.26N/AN/A1482,154959
2021-08-03$63.47$59.0032.9%9.4%42.2%15.6%33.5%5.9%0.1%233.7K-6.5M-15.9K0.5031.62N/AN/A1262,153959
2021-08-04$63.10$59.0030.8%8.8%42.2%10.7%31.8%3.9%1.6%228.8K-6.4M-16.0K0.5065.30N/AN/A1052,157966
2021-08-05$64.18$51.0030.3%9.1%39.9%9.5%38.2%7.4%2.4%261.3K-7.2M-14.2K0.1546.15N/AN/A2742,157970
2021-08-06$65.94$51.0028.3%9.5%37.0%4.8%38.1%8.4%1.9%301.7K-8.9M-13.4K0.8663.31N/AN/A1541332,164975
2021-08-09$66.08$51.0030.0%9.7%36.6%8.8%38.6%7.2%0.3%308.2K-8.9M-13.1K0.3966.58N/AN/A104412,166974
2021-08-10$66.45$50.0029.4%9.7%36.0%7.4%35.8%6.9%1.2%312.9K-9.6M-13.0K0.1271.06N/AN/A180212,218993
2021-08-11$67.40$50.0033.1%9.5%36.2%16.0%35.7%5.8%1.1%317.0K-10.5M-11.9K0.0337.23N/AN/A21762,2211,007
2021-08-12$67.52$50.0030.1%8.6%36.2%9.0%35.2%6.0%3.3%346.9K-10.8M-12.3K0.0847.70N/AN/A223172,2901,005
2021-08-13$67.19$50.0031.8%9.1%35.3%12.9%29.4%5.3%1.8%354.6K-10.8M-11.8K0.0953.51N/AN/A794732,3361,007
2021-08-16$66.96$50.0032.7%9.4%25.6%15.2%34.0%6.4%0.8%340.1K-10.2M-11.0K0.0351.15N/AN/A8832,2851,016
2021-08-17$65.95$51.0033.9%9.7%18.7%18.0%31.7%6.4%0.9%489.5K-10.3M-16.0K0.3044.23N/AN/A60183,0061,051
2021-08-18$65.33$51.0034.3%9.8%17.9%18.8%39.2%7.9%1.6%491.2K-9.4M-16.0K1.6768.82N/AN/A45752,9811,053
2021-08-19$64.05$51.0036.1%10.3%18.4%23.1%40.3%8.7%0.9%475.0K-7.6M-15.1K1.0866.39N/AN/A2192362,9731,059
2021-08-20$65.00$52.0033.6%9.6%18.8%17.2%33.2%8.4%1.3%631.6K-8.9M-14.7K0.2668.30N/AN/A293762,9991,081
2021-08-23$65.89$59.0031.9%9.2%19.2%13.3%31.7%7.3%1.7%284.2K-6.0M-14.7K0.0261.22N/AN/A24452,029628
2021-08-24$66.35$60.0031.0%8.9%19.2%11.1%31.8%7.6%2.0%340.6K-6.7M-16.0K0.0546.10N/AN/A4222,195673
2021-08-25$67.35$60.0031.7%9.1%19.7%12.8%31.2%5.9%1.5%379.8K-9.1M-17.6K0.2251.92N/AN/A78172,427678
2021-08-26$66.57$60.0034.4%9.8%20.0%19.0%30.9%7.1%0.5%354.4K-8.4M-17.7K0.0384.79N/AN/A9432,427678
2021-08-27$68.16$60.0025.6%7.3%20.8%0.0%29.0%5.8%5.2%476.3K-9.8M-16.9K0.1351.81N/AN/A6082,461684
2021-08-30$67.17$60.0030.9%8.9%21.5%12.3%33.7%5.4%0.6%459.6K-9.0M-16.4K0.7845.87N/AN/A32252,531686
2021-08-31$66.93$60.0031.1%8.9%21.5%12.7%27.1%5.8%1.0%459.6K-8.8M-16.0K0.0829.89N/AN/A9072,570686