UYG Options History — June 2023

In June 2023, UYG traded between $41.30 and $45.86. ATM implied volatility averaged 29.6%, placing in the 2.4% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 0.9% (HV 20d: 28.7%). Max pain ranged from $41.00 to $44.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2023-06-14: Highest Volume — 214 contracts
  • 2023-06-12: Largest IV spike — 32.7% change
  • 2023-06-12: Highest IV Rank — 15.7%
  • 2023-06-01: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.92$41.30$45.86$41.30$45.86
Max Pain$43.24$41.00$44.00$41.00$44.00
ATM IV29.6%23.5%40.0%33.5%23.5%
Expected Move8.2%6.7%9.6%9.6%6.7%
HV 20d28.7%25.7%33.8%32.0%28.3%
HV 60d34.5%30.4%42.7%41.5%30.9%
IV Rank2.4%0.0%15.7%6.3%0.0%
IV Percentile5.2%0.0%45.6%13.5%0.0%
Term Structure2.1%-0.6%6.0%0.4%1.5%
VWIV27.4%19.1%33.9%33.9%23.2%
Skew 25d6.6%-1.2%12.5%8.0%2.8%
Skew 10d15.4%2.9%24.7%2.9%12.5%
Call IV 25d26.2%23.7%33.0%31.1%23.7%
Put IV 25d32.8%26.5%39.1%39.1%26.5%
Bid-Ask Spread %56.1133.1197.9597.9534.92
Gamma HHI0.290.160.870.230.21
Net GEX122.4K18.4K478.2K34.6K48.7K
Net DEX-710.2K-1.7M-37.0K-56.1K-809.4K
Net VEX-3.3K-4.0K-2.8K-3.7K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.0010.000.110.59
Total Volume46.38102141027
Total OI1,017.7145471,3811,343676

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$41.30$41.0033.5%9.6%32.0%6.3%33.9%8.0%0.4%34.6K-56.1K-3.7K0.1197.95N/AN/A91866477
2023-06-02$43.26$41.0030.0%8.6%33.8%1.3%29.7%5.5%1.5%120.9K-878.4K-4.0K0.0860.43N/AN/A373863478
2023-06-05$42.77$42.0031.0%8.8%29.7%2.7%0.0%7.5%-0.6%106.4K-622.9K-3.5K0.0043.07N/AN/A90847477
2023-06-06$43.75$42.0029.1%8.0%30.6%0.1%27.4%8.1%2.7%156.3K-1.1M-3.5K1.0038.91N/AN/A1010847477
2023-06-07$44.20$42.0030.1%8.4%30.6%1.5%26.5%8.0%2.0%176.2K-1.3M-3.4K0.0039.78N/AN/A240853487
2023-06-08$44.07$43.0031.2%8.3%30.2%3.0%0.0%8.3%3.2%170.7K-1.2M-3.4K0.0037.30N/AN/A00852487
2023-06-09$44.13$43.0030.2%8.2%29.9%1.5%27.8%7.4%2.9%182.6K-1.2M-3.1K0.0043.57N/AN/A60812487
2023-06-12$43.99$43.0040.0%8.8%29.6%15.7%28.3%9.5%2.4%179.0K-1.1M-2.8K2.6343.00N/AN/A2463812487
2023-06-13$44.44$43.0037.5%8.5%29.2%12.1%28.2%6.8%1.7%229.9K-1.3M-3.1K0.0745.10N/AN/A17412831550
2023-06-14$44.16$44.0029.4%8.4%28.8%0.4%27.2%7.8%2.6%277.1K-1.0M-3.1K0.0451.38N/AN/A2059805562
2023-06-15$45.37$44.0029.5%8.5%27.7%0.6%29.4%7.2%1.5%224.6K-1.7M-3.2K0.0248.60N/AN/A1222783571
2023-06-16$45.14$44.0028.1%8.1%27.6%0.0%28.3%7.1%2.0%478.2K-1.6M-3.2K0.1644.24N/AN/A6410767571
2023-06-20$44.48$44.0028.7%8.2%28.1%0.8%27.8%6.9%2.0%22.2K-202.7K-3.2K0.0350.71N/AN/A401297250
2023-06-21$44.30$44.0028.9%8.3%28.1%1.2%32.4%6.0%1.5%24.8K-208.5K-3.4K10.0080.22N/AN/A110335251
2023-06-22$43.41$44.0028.2%8.1%27.9%0.2%0.0%12.5%1.8%21.5K-144.8K-3.4K0.0083.59N/AN/A00336247
2023-06-23$43.14$44.0028.1%8.0%25.7%0.0%0.0%5.3%2.2%18.4K-56.9K-3.0K0.0068.53N/AN/A01336247
2023-06-26$43.02$44.0028.0%8.0%25.8%0.0%19.1%4.9%1.5%19.3K-37.0K-3.0K0.0074.51N/AN/A02336248
2023-06-27$43.60$44.0025.2%7.2%25.8%0.0%24.2%5.9%6.0%23.9K-74.5K-3.0K1.7571.86N/AN/A47336248
2023-06-28$43.20$44.0027.0%7.7%26.1%2.5%0.0%-1.2%2.0%20.5K-38.2K-3.0K0.0087.44N/AN/A00340251
2023-06-29$44.64$44.0024.6%7.0%27.3%0.0%24.7%4.5%2.2%34.3K-262.9K-3.0K0.0033.11N/AN/A870340249
2023-06-30$45.86$44.0023.5%6.7%28.3%0.0%23.2%2.8%1.5%48.7K-809.4K-3.4K0.5934.92N/AN/A1710427249