UYG Options History — September 2022

In September 2022, UYG traded between $38.13 and $50.58. ATM implied volatility averaged 49.0%, placing in the 44.6% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 5.7% (HV 20d: 43.3%). Max pain ranged from $47.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2022-09-16: Highest Volume — 545 contracts
  • 2022-09-12: Largest IV spike — 17.9% change
  • 2022-09-27: Highest IV Rank — 61.0%
  • 2022-09-27: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.23$38.13$50.58$46.23$38.35
Max Pain$47.90$47.00$50.00$50.00$47.00
ATM IV49.0%40.2%56.9%45.4%52.2%
Expected Move13.7%11.3%16.3%13.0%15.0%
HV 20d43.3%37.7%49.4%37.9%49.4%
HV 60d42.6%39.6%47.8%47.8%42.9%
IV Rank44.6%26.2%61.0%37.0%51.1%
IV Percentile77.8%48.4%94.0%70.2%87.3%
Term Structure-0.2%-5.3%16.1%-0.8%1.4%
VWIV43.5%25.3%70.5%25.3%46.0%
Skew 25d11.2%5.3%19.7%5.3%10.2%
Skew 10d20.5%10.7%49.2%10.7%19.6%
Call IV 25d44.7%35.4%66.2%43.1%50.1%
Put IV 25d55.9%45.2%85.9%48.4%60.4%
Bid-Ask Spread %55.8629.25113.7143.5473.36
Gamma HHI0.180.120.320.120.12
Net GEX26.4K131136.1K16.2K490
Net DEX-120.0K-1.2M238.7K11.3K238.1K
Net VEX-2.6K-4.9K-1.4K-2.4K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.005.000.340.53
Total Volume225.333054543409
Total OI1,036.818491,3828491,016

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$46.23$50.0045.4%13.0%37.9%37.0%25.3%5.3%-0.8%16.2K11.3K-2.4K0.3443.54N/AN/A3211691158
2022-09-02$45.56$50.0048.4%13.9%37.9%43.2%40.5%7.3%-5.3%21.1K-40.1K-2.6K0.3341.72N/AN/A31723168
2022-09-06$45.73$47.0050.2%12.9%37.9%47.0%43.0%11.2%0.2%14.1K46.3K-2.3K0.4872.39N/AN/A265128724169
2022-09-07$47.54$47.0045.0%12.3%40.9%36.2%40.0%11.7%-3.7%28.7K-114.2K-2.5K0.4737.01N/AN/A275128725169
2022-09-08$48.40$47.0043.8%12.0%37.7%33.7%0.0%9.6%-1.7%40.7K-240.3K-2.6K0.0033.99N/AN/A00730169
2022-09-09$49.98$47.0040.2%11.5%39.6%26.2%35.4%9.9%1.8%66.1K-559.8K-2.9K0.0339.38N/AN/A43312730169
2022-09-12$50.58$50.0047.4%11.3%38.1%41.2%37.0%8.8%-0.6%136.1K-1.2M-4.9K0.0450.38N/AN/A7131,151181
2022-09-13$46.76$50.0054.1%13.1%46.1%55.2%41.9%9.6%2.5%41.8K-256.2K-3.6K0.4137.51N/AN/A3381391,161181
2022-09-14$46.61$50.0045.4%13.0%45.7%37.0%0.0%10.0%0.4%22.5K-116.4K-3.3K0.0060.63N/AN/A001,169185
2022-09-15$46.31$50.0045.7%13.1%45.7%37.6%44.1%15.1%-1.1%13.9K-118.1K-3.2K0.6858.30N/AN/A77521,169172
2022-09-16$45.45$48.0047.0%13.5%45.7%40.4%43.8%10.6%0.4%28.0K-53.0K-3.0K0.3933.98N/AN/A3911541,204178
2022-09-19$45.98$47.0045.7%13.1%45.1%37.6%42.1%12.4%-1.6%33.1K-326.5K-3.1K0.0233.44N/AN/A531749118
2022-09-20$44.92$47.0047.2%13.5%43.1%40.7%33.4%9.7%-0.5%28.9K-253.1K-2.9K0.0057.98N/AN/A150812119
2022-09-21$43.06$47.0050.9%14.6%45.1%48.5%70.5%19.7%16.1%40.2K-485.5K-3.6K0.40113.71N/AN/A104822119
2022-09-22$42.08$47.0047.3%13.6%44.9%41.0%44.5%9.5%0.9%12.4K-3.2K-2.0K0.0080.70N/AN/A70832123
2022-09-23$40.08$47.0051.7%14.8%45.4%50.2%44.1%11.7%-1.5%5.7K103.6K-1.6K5.0029.25N/AN/A1680835123
2022-09-26$38.92$47.0055.7%16.0%43.4%58.5%48.6%12.6%-4.7%1.4K220.8K-1.6K0.5336.55N/AN/A264139840163
2022-09-27$38.13$47.0056.9%16.3%43.5%61.0%53.3%18.0%-3.7%2.5K220.2K-1.6K0.5380.88N/AN/A264139844162
2022-09-28$39.87$47.0054.1%15.5%47.8%55.1%45.9%11.8%-2.5%1.1K196.9K-1.6K0.5170.28N/AN/A272139844162
2022-09-29$38.26$47.0055.6%15.9%49.2%58.3%47.0%11.2%-0.4%131238.7K-1.4K0.5388.00N/AN/A266141852162
2022-09-30$38.35$47.0052.2%15.0%49.4%51.1%46.0%10.2%1.4%490238.1K-1.5K0.5373.36N/AN/A268141854162