UYG Options History — December 2021

In December 2021, UYG traded between $63.87 and $69.74. ATM implied volatility averaged 38.6%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 4.2% (HV 20d: 42.8%). Max pain ranged from $60.90 to $66.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.48.

Notable Days

  • 2021-12-17: Highest Volume — 921 contracts
  • 2021-12-07: Largest IV drop — 23.7% change
  • 2021-12-03: Highest IV Rank — 93.2%
  • 2021-12-03: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.58$63.87$69.74$63.87$68.18
Max Pain$64.50$60.90$66.00$65.00$61.90
ATM IV38.6%30.8%57.9%49.1%30.8%
Expected Move10.8%8.8%16.6%14.1%8.8%
HV 20d42.8%32.6%49.3%32.6%38.8%
HV 60d34.1%31.3%35.5%31.3%34.2%
IV Rank37.5%14.8%93.2%67.7%15.0%
IV Percentile60.8%18.3%99.6%98.4%20.2%
Term Structure1.3%-8.1%5.3%-4.7%2.0%
VWIV39.9%33.4%59.2%51.9%33.5%
Skew 25d10.7%5.6%16.4%14.1%7.6%
Skew 10d24.1%13.2%43.0%29.0%18.2%
Call IV 25d34.2%27.7%51.8%43.9%27.7%
Put IV 25d44.9%34.6%68.2%58.1%35.3%
Bid-Ask Spread %43.9826.3868.4757.4862.55
Gamma HHI0.200.120.350.130.18
Net GEX183.8K0252.4K158.0K221.0K
Net DEX-6.8M-12.1M0-4.3M-5.1M
Net VEX-14.7K-20.7K0-19.9K-12.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.090.880.600.43
Total Volume452.18261921439272
Total OI3,028.45503,9733,7182,220

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$63.87$65.0049.1%14.1%32.6%67.7%51.9%14.1%-4.7%158.0K-4.3M-19.9K0.6057.48N/AN/A2751642,6601,058
2021-12-02$66.77$65.0047.3%13.6%36.9%62.4%52.8%14.7%-3.2%186.1K-7.0M-20.5K0.6359.16N/AN/A2741732,6451,067
2021-12-03$64.06$65.0057.9%16.6%38.3%93.2%59.2%16.4%-8.1%162.9K-4.9M-20.7K0.5968.47N/AN/A2921722,6791,079
2021-12-06$67.01$66.0048.4%12.4%41.8%65.8%42.0%14.8%1.6%184.3K-7.3M-18.5K0.5032.52N/AN/A3001502,6661,073
2021-12-07$68.89$66.0037.0%10.7%43.0%32.7%37.5%11.6%3.8%236.2K-9.7M-17.1K0.4838.53N/AN/A3161512,6751,074
2021-12-08$69.23$66.0035.1%10.3%42.9%27.3%35.8%11.2%5.3%242.8K-10.2M-16.6K0.5043.46N/AN/A3021512,6891,075
2021-12-09$68.66$66.0037.6%10.3%42.9%34.6%38.4%13.0%2.8%234.4K-9.5M-16.1K0.5751.61N/AN/A3181822,6981,077
2021-12-10$68.47$66.0034.4%10.2%42.9%25.3%36.2%9.3%3.3%240.1K-9.6M-15.4K0.5547.11N/AN/A3191772,7051,110
2021-12-13$68.03$66.0041.2%10.2%42.9%45.0%35.7%9.6%2.6%230.5K-9.1M-13.8K0.3454.38N/AN/A4991702,7221,110
2021-12-14$68.15$65.0046.4%10.8%42.9%59.9%37.7%11.7%0.4%223.9K-9.3M-14.0K0.5250.54N/AN/A3381762,7671,115
2021-12-15$68.56$65.0035.6%10.2%43.0%28.8%37.8%12.8%4.0%221.4K-11.0M-12.4K0.4857.17N/AN/A3951882,7781,115
2021-12-16$69.74$65.0035.9%10.3%42.9%29.7%36.3%10.3%1.6%252.4K-12.1M-12.0K0.3537.82N/AN/A5071792,7571,108
2021-12-17$68.11$65.0038.6%11.1%43.6%37.5%42.3%10.4%1.0%82.5K-10.8M-12.7K0.8836.85N/AN/A4914302,8651,108
2021-12-20$64.72$65.0043.3%12.4%46.4%51.0%42.5%12.8%0.5%61.0K-1.6M-15.0K0.4235.15N/AN/A3271371,195651
2021-12-21$67.40$65.0037.9%10.9%48.3%35.3%39.7%9.3%1.7%122.0K-3.3M-15.8K0.7029.96N/AN/A2962061,346661
2021-12-22$68.70$65.0033.9%9.7%48.5%23.8%37.3%8.7%2.8%150.4K-3.9M-16.4K0.6637.64N/AN/A3142061,423727
2021-12-23$66.60$0.0032.4%9.3%49.3%19.4%38.5%8.1%2.6%0000.0926.38N/AN/A56500
2021-12-27$67.40$61.9032.9%9.4%45.1%20.8%38.5%7.6%1.8%191.8K-5.0M-13.8K0.1929.20N/AN/A167311,470731
2021-12-28$68.00$60.9031.6%9.1%45.2%17.3%35.9%7.7%2.3%200.3K-5.1M-13.7K0.2932.50N/AN/A226651,480759
2021-12-29$68.20$61.9031.5%9.0%42.4%16.8%35.5%7.5%1.2%217.1K-5.3M-13.2K0.3533.58N/AN/A193671,485752
2021-12-30$68.05$61.9030.8%8.8%41.7%14.8%33.4%5.6%3.0%225.1K-5.3M-13.0K0.3745.60N/AN/A212791,493758
2021-12-31$68.18$61.9030.8%8.8%38.8%15.0%33.5%7.6%2.0%221.0K-5.1M-12.6K0.4362.55N/AN/A190821,460760