UYG Options History — January 2022

In January 2022, UYG traded between $60.86 and $71.50. ATM implied volatility averaged 39.0%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 2.9% (HV 20d: 36.1%). Max pain ranged from $61.90 to $64.90. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.60.

Notable Days

  • 2022-01-28: Highest Volume — 817 contracts
  • 2022-01-05: Largest IV spike — 13.2% change
  • 2022-01-27: Highest IV Rank — 72.3%
  • 2022-01-25: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.86$60.86$71.50$68.57$64.91
Max Pain$63.30$61.90$64.90$61.90$61.90
ATM IV39.0%29.4%50.5%30.6%40.4%
Expected Move11.3%8.4%14.5%8.8%11.6%
HV 20d36.1%33.0%39.8%35.4%37.8%
HV 60d35.9%34.1%37.4%34.1%37.4%
IV Rank39.2%10.9%72.3%14.3%45.8%
IV Percentile66.9%8.7%98.8%17.9%83.3%
Term Structure-0.1%-6.5%2.4%1.9%-0.6%
VWIV40.9%30.6%47.7%33.7%41.3%
Skew 25d10.6%4.7%27.7%6.1%11.7%
Skew 10d20.4%11.2%38.4%16.4%25.0%
Call IV 25d35.3%26.4%44.2%28.7%35.1%
Put IV 25d45.9%32.5%71.0%34.8%46.7%
Bid-Ask Spread %40.4218.4759.4053.0343.51
Gamma HHI0.190.100.340.190.13
Net GEX174.8K-7.6K267.1K241.1K220.3K
Net DEX-4.3M-7.3M-405.4K-5.6M-3.8M
Net VEX-10.9K-14.1K-9.3K-12.0K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.221.550.400.32
Total Volume554.2292817292736
Total OI2,294.81,5042,8022,2512,432

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$68.57$61.9030.6%8.8%35.4%14.3%33.7%6.1%1.9%241.1K-5.6M-12.0K0.4053.03N/AN/A208841,491760
2022-01-04$71.40$61.9029.4%8.4%34.7%10.9%30.6%6.1%2.4%267.1K-7.3M-10.6K0.6059.40N/AN/A2381431,508760
2022-01-05$69.06$61.9033.3%9.6%35.7%22.1%36.1%7.1%-0.3%226.4K-5.7M-11.5K0.5157.79N/AN/A2421241,481821
2022-01-06$70.23$64.9033.4%10.2%36.2%22.4%40.2%8.6%0.9%233.9K-6.3M-11.1K0.5718.47N/AN/A2601481,462849
2022-01-07$71.11$64.9032.8%10.2%36.3%20.7%41.3%8.0%1.3%229.7K-6.9M-10.8K0.6722.25N/AN/A2301531,484882
2022-01-10$69.57$64.9036.8%10.7%37.2%32.3%41.4%7.8%0.0%228.0K-6.0M-11.0K0.5022.09N/AN/A3201601,494892
2022-01-11$71.09$64.9034.0%10.0%37.8%24.2%35.9%7.7%2.1%249.4K-6.8M-10.5K0.5225.03N/AN/A3261691,496897
2022-01-12$71.50$64.9033.9%9.7%37.8%23.9%39.2%4.7%2.2%249.6K-7.2M-9.9K0.6949.70N/AN/A2922011,490906
2022-01-13$71.01$62.9035.8%10.3%37.9%29.4%42.3%6.8%0.6%226.7K-7.0M-9.9K0.7244.39N/AN/A2802011,501949
2022-01-14$69.72$62.9035.4%10.2%38.1%28.2%35.6%9.6%0.3%247.5K-5.8M-9.8K0.6437.87N/AN/A2591651,506949
2022-01-18$67.01$62.9038.7%11.1%39.8%37.6%43.1%8.9%0.4%213.8K-4.0M-9.3K0.9436.17N/AN/A3893671,512950
2022-01-19$65.73$63.9038.8%11.1%35.9%38.1%42.8%8.3%0.3%167.8K-2.9M-10.2K1.2529.84N/AN/A3103891,5411,156
2022-01-20$64.79$63.9039.2%11.2%33.0%39.2%43.3%8.0%0.8%142.1K-2.2M-10.3K1.5541.51N/AN/A2714201,5671,183
2022-01-21$62.11$63.9044.3%12.7%34.9%53.8%42.1%16.3%1.1%-7.6K-405.4K-9.8K0.7153.92N/AN/A3302341,5881,214
2022-01-24$60.86$64.9049.4%14.2%34.1%68.4%45.0%27.7%-1.0%30.3K-621.3K-9.4K0.2745.99N/AN/A4651241,004500
2022-01-25$62.17$61.9050.5%14.5%34.8%71.8%45.3%14.9%-6.5%65.4K-1.7M-11.8K0.2238.77N/AN/A5781251,239562
2022-01-26$61.64$62.9048.8%14.0%34.5%66.9%47.4%15.1%-3.2%64.0K-1.3M-10.9K0.2646.10N/AN/A4911271,223494
2022-01-27$61.50$61.9049.0%14.0%34.4%72.3%47.7%15.8%-2.0%86.1K-1.7M-12.2K0.2939.15N/AN/A5471611,446565
2022-01-28$63.21$61.9045.3%13.0%36.3%60.8%42.9%12.8%-2.5%114.7K-2.5M-13.3K0.2943.39N/AN/A6321851,543599
2022-01-31$64.91$61.9040.4%11.6%37.8%45.8%41.3%11.7%-0.6%220.3K-3.8M-14.1K0.3243.51N/AN/A5561801,816616