UYG Options History — December 2022

In December 2022, UYG traded between $44.03 and $51.05. ATM implied volatility averaged 43.5%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 3.4% (HV 20d: 40.1%). Max pain ranged from $41.00 to $48.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2022-12-19: Highest Volume — 381 contracts
  • 2022-12-12: Largest IV spike — 36.2% change
  • 2022-12-12: Highest IV Rank — 81.7%
  • 2022-12-07: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.55$44.03$51.05$51.05$45.45
Max Pain$43.95$41.00$48.00$45.00$44.00
ATM IV43.5%36.3%67.2%39.7%40.3%
Expected Move11.3%10.4%12.0%11.4%11.6%
HV 20d40.1%33.5%53.2%49.9%34.8%
HV 60d50.2%46.7%53.3%52.7%46.8%
IV Rank30.4%14.8%81.7%22.3%23.6%
IV Percentile41.7%15.1%98.8%27.4%32.1%
Term Structure1.0%-2.7%7.5%-2.4%0.3%
VWIV38.0%32.1%47.8%32.1%35.1%
Skew 25d7.3%5.6%9.9%5.9%6.2%
Skew 10d14.0%7.5%18.4%12.6%12.8%
Call IV 25d36.0%33.2%37.7%37.3%37.1%
Put IV 25d43.3%40.2%46.0%43.2%43.2%
Bid-Ask Spread %53.5227.2086.3372.9171.70
Gamma HHI0.150.130.190.160.13
Net GEX54.9K18.6K121.1K120.7K35.5K
Net DEX-814.2K-2.0M-298.2K-2.0M-511.8K
Net VEX-5.3K-7.3K-4.4K-7.3K-4.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.001.040.000.00
Total Volume42.95233813729
Total OI1,240.1439491,4921,2781,088

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$51.05$45.0039.7%11.4%49.9%22.3%32.1%5.9%-2.4%120.7K-2.0M-7.3K0.0072.91N/AN/A3701,020258
2022-12-02$50.49$45.0039.5%11.3%49.5%21.9%0.0%6.5%-2.7%121.1K-1.8M-7.2K0.0086.33N/AN/A051,055258
2022-12-05$47.99$48.0044.3%11.2%53.0%32.2%47.8%7.4%7.5%79.2K-1.1M-6.2K1.0437.03N/AN/A24251,055283
2022-12-06$47.15$41.0049.4%11.7%53.2%43.2%38.8%9.1%0.3%61.2K-891.3K-5.7K0.5835.14N/AN/A1271,064302
2022-12-07$46.84$42.0049.6%12.0%53.0%43.7%36.5%8.7%-0.2%60.8K-863.6K-5.7K0.0028.89N/AN/A1201,073303
2022-12-08$47.01$42.0049.9%11.4%50.8%44.2%40.4%8.1%1.5%63.9K-891.4K-5.6K0.2735.18N/AN/A37101,079303
2022-12-09$47.05$44.0049.4%11.3%33.5%43.1%36.9%6.9%1.0%65.3K-931.1K-5.6K0.0042.86N/AN/A401,114313
2022-12-12$48.03$44.0067.2%11.9%33.9%81.7%41.3%7.6%-0.6%79.9K-1.1M-5.8K0.0027.20N/AN/A2301,114323
2022-12-13$48.78$44.0056.5%10.7%33.5%58.5%39.1%5.9%2.2%90.6K-1.3M-5.9K0.5744.02N/AN/A741,133323
2022-12-14$47.52$44.0036.3%10.4%34.7%14.8%35.7%8.3%-0.2%59.2K-1.0M-5.6K0.0065.81N/AN/A601,140327
2022-12-15$45.71$44.0038.3%11.0%36.8%19.1%37.3%6.6%0.4%41.4K-579.5K-4.7K0.2045.29N/AN/A71141,139327
2022-12-16$44.86$44.0038.8%11.1%36.7%20.4%39.2%9.9%1.4%34.0K-375.8K-4.5K0.9760.26N/AN/A39381,156336
2022-12-19$44.03$44.0039.6%11.3%36.0%21.9%39.4%8.3%2.0%18.6K-298.2K-4.4K0.0759.41N/AN/A35526659290
2022-12-20$44.62$44.0038.1%10.9%36.4%18.8%35.3%7.6%2.3%23.2K-381.6K-4.5K0.1057.11N/AN/A202674307
2022-12-21$45.58$44.0036.9%10.6%36.4%16.2%36.4%5.6%2.1%33.3K-567.7K-4.9K0.0059.56N/AN/A60695309
2022-12-22$44.36$44.0040.3%11.6%37.0%23.6%43.0%8.0%1.6%25.1K-370.3K-4.6K0.0062.41N/AN/A09700309
2022-12-23$45.12$44.0038.2%10.9%37.4%19.0%35.6%6.2%3.1%29.2K-482.0K-4.8K0.0058.64N/AN/A430700318
2022-12-27$45.31$44.0039.6%11.3%35.4%21.9%35.1%6.7%1.5%36.6K-533.7K-4.5K0.0060.13N/AN/A30741318
2022-12-28$44.55$44.0041.4%11.9%35.2%25.9%40.7%6.3%-0.1%32.0K-448.0K-4.4K0.0055.29N/AN/A011745318
2022-12-29$46.02$44.0039.8%11.4%34.7%22.3%34.4%6.9%0.5%41.1K-626.1K-4.7K0.0558.71N/AN/A221745329
2022-12-30$45.45$44.0040.3%11.6%34.8%23.6%35.1%6.2%0.3%35.5K-511.8K-4.4K0.0071.70N/AN/A290760328