UYG Options History — May 2022

In May 2022, UYG traded between $46.26 and $56.54. ATM implied volatility averaged 51.6%, placing in the 52.0% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 6.0% (HV 20d: 57.6%). Max pain ranged from $51.90 to $60.90. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2022-05-23: Highest Volume — 1,013 contracts
  • 2022-05-06: Largest IV spike — 28.8% change
  • 2022-05-06: Highest IV Rank — 89.2%
  • 2022-05-10: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.40$46.26$56.54$52.31$54.27
Max Pain$56.49$51.90$60.90$59.00$51.90
ATM IV51.6%41.4%70.3%54.6%43.9%
Expected Move14.3%11.9%16.2%15.6%12.6%
HV 20d57.6%40.9%65.8%40.9%61.7%
HV 60d50.1%45.8%52.8%45.8%50.2%
IV Rank52.0%31.5%89.2%57.8%36.5%
IV Percentile88.9%71.0%99.6%95.2%76.2%
Term Structure-2.9%-8.6%4.5%-2.7%-2.0%
VWIV45.5%40.6%51.9%51.9%45.5%
Skew 25d11.2%0.3%14.9%14.4%7.9%
Skew 10d23.0%16.5%31.1%28.4%16.5%
Call IV 25d44.7%37.2%54.9%47.1%40.1%
Put IV 25d55.9%45.6%64.0%61.6%48.0%
Bid-Ask Spread %74.8158.0291.9164.9376.67
Gamma HHI0.310.110.490.430.39
Net GEX24.2K-53.2K245.8K-52.7K245.8K
Net DEX1.2M-2.5M2.5M1.8M-2.5M
Net VEX-3.4K-7.9K-1.2K-4.1K-7.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.120.320.260.32
Total Volume685.9525221,013562727
Total OI1,520.2387121,8991,4751,899

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$52.31$59.0054.6%15.6%40.9%57.8%51.9%14.4%-2.7%-52.7K1.8M-4.1K0.2664.93N/AN/A445117856619
2022-05-03$53.59$59.0050.3%14.4%42.5%49.4%42.5%11.9%-3.1%-53.2K1.5M-4.5K0.2258.02N/AN/A44098863620
2022-05-04$56.54$59.0044.4%12.7%47.7%37.5%44.4%7.5%-1.7%-44.4K956.1K-5.0K0.2170.81N/AN/A45898863620
2022-05-05$52.78$60.9054.5%14.5%52.8%57.8%45.1%7.9%-5.7%-43.2K1.6M-4.5K0.2073.42N/AN/A46392891620
2022-05-06$52.21$60.9070.3%14.7%52.8%89.2%44.6%0.3%4.5%-50.2K1.8M-4.1K0.2491.91N/AN/A456108884618
2022-05-09$49.05$60.9059.6%15.5%55.5%67.8%48.7%14.9%-3.2%-43.3K2.2M-2.8K0.2674.97N/AN/A414108887629
2022-05-10$47.68$60.9064.6%16.2%55.8%77.9%49.8%12.0%-8.6%-31.5K2.4M-2.2K0.2278.99N/AN/A470102885628
2022-05-11$47.39$60.9054.6%15.7%55.7%57.9%46.0%14.0%0.4%-30.7K2.4M-1.9K0.1974.38N/AN/A50795869629
2022-05-12$46.26$57.9053.8%15.4%55.2%56.3%48.0%12.7%-1.6%-4.2K2.5M-1.4K0.1875.91N/AN/A51595888614
2022-05-13$48.80$57.9048.5%13.9%60.1%45.8%43.8%13.7%-3.8%-14.8K2.5M-1.7K0.1879.39N/AN/A52895887614
2022-05-16$48.04$57.9050.2%14.4%60.1%49.2%44.9%13.8%-4.5%-3.8K2.4M-1.5K0.1872.54N/AN/A53395939614
2022-05-17$50.39$57.9045.8%13.1%61.1%40.2%40.6%12.6%-1.7%15.3K2.3M-1.6K0.1874.97N/AN/A51895964614
2022-05-18$47.55$57.9052.0%14.9%62.1%52.7%46.9%13.5%-6.4%9.9K2.5M-1.2K0.1269.42N/AN/A79895954614
2022-05-19$47.26$51.9051.2%14.7%62.0%51.1%45.2%14.1%-1.7%33.3K2.4M-1.5K0.1385.71N/AN/A8351081,106612
2022-05-20$46.95$51.9050.2%14.4%60.8%49.0%44.8%14.1%-3.4%-22.8K2.5M-1.3K0.1883.42N/AN/A7361291,109612
2022-05-23$49.84$51.9048.6%13.9%65.8%46.0%44.8%9.1%-3.6%19.2K209.6K-2.0K0.1472.11N/AN/A889124538174
2022-05-24$49.84$51.9050.3%14.4%64.3%49.4%48.3%14.1%-5.1%75.8K-188.7K-3.8K0.3275.80N/AN/A4731491,080219
2022-05-25$50.67$51.9050.0%14.3%64.6%48.8%45.5%9.8%-4.5%100.0K-502.8K-4.6K0.2374.33N/AN/A6331481,161234
2022-05-26$52.68$51.9045.4%13.0%65.5%39.5%43.0%9.6%-2.8%168.7K-1.5M-6.4K0.2268.42N/AN/A7311611,390254
2022-05-27$54.30$51.9041.4%11.9%62.5%31.5%41.2%8.4%-0.7%235.2K-2.5M-7.9K0.3074.88N/AN/A5551691,567287
2022-05-31$54.27$51.9043.9%12.6%61.7%36.5%45.5%7.9%-2.0%245.8K-2.5M-7.4K0.3276.67N/AN/A5521751,588311