UYG Options History — February 2024

In February 2024, UYG traded between $57.46 and $62.62. ATM implied volatility averaged 24.8%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 0.0% (HV 20d: 24.8%). Max pain ranged from $51.00 to $51.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.65.

Notable Days

2024-02-01: Highest Volume — 177 contracts
2024-02-13: Largest IV spike — 12.8% change
2024-02-13: Highest IV Rank — 10.0%
2024-02-13: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.03	$57.46	$62.62	$58.16	$62.62
Max Pain	$51.00	$51.00	$51.00	$51.00	$51.00
ATM IV	24.8%	22.6%	27.0%	26.6%	22.6%
Expected Move	7.1%	6.5%	7.7%	7.4%	6.5%
HV 20d	24.8%	21.2%	28.5%	21.2%	25.2%
HV 60d	21.4%	19.0%	22.8%	20.7%	22.4%
IV Rank	7.2%	4.4%	10.0%	9.5%	4.4%
IV Percentile	23.8%	2.4%	40.1%	36.5%	2.4%
Term Structure	-0.1%	-4.0%	6.3%	6.2%	0.1%
VWIV	26.2%	21.5%	33.3%	26.4%	24.9%
Skew 25d	3.1%	1.9%	4.6%	4.0%	3.8%
Skew 10d	8.6%	5.4%	10.9%	10.3%	9.5%
Call IV 25d	23.7%	22.3%	25.6%	24.4%	23.0%
Put IV 25d	26.8%	24.6%	29.1%	28.3%	26.8%
Bid-Ask Spread %	68.39	47.20	86.59	53.86	86.59
Gamma HHI	0.19	0.14	0.24	0.22	0.22
Net GEX	89.9K	31.0K	158.6K	56.5K	92.0K
Net DEX	-3.8M	-4.5M	-2.7M	-2.7M	-4.5M
Net VEX	-5.4K	-7.6K	-4.3K	-6.7K	-4.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.00	5.50	0.04	2.00
Total Volume	36.75	1	177	177	3
Total OI	1,943.6	1,571	2,170	1,950	1,719

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-02-01	$58.16	$51.00	26.6%	7.4%	21.2%	9.5%	26.4%	4.0%	6.2%	56.5K	-2.7M	-6.7K	0.04	53.86	N/A	N/A	171	6	1,102	848
2024-02-02	$58.91	$51.00	23.7%	7.0%	21.4%	5.8%	33.3%	3.4%	0.2%	131.8K	-3.7M	-7.6K	0.00	60.14	N/A	N/A	8	0	1,256	849
2024-02-05	$58.14	$51.00	24.2%	7.0%	22.2%	6.5%	26.1%	3.3%	2.0%	82.6K	-3.3M	-6.8K	0.06	55.66	N/A	N/A	17	1	1,256	849
2024-02-06	$58.20	$51.00	24.4%	7.0%	21.9%	6.7%	0.0%	3.2%	-3.7%	78.2K	-3.3M	-6.8K	0.00	47.84	N/A	N/A	1	0	1,263	850
2024-02-07	$59.11	$51.00	23.9%	6.9%	21.6%	6.1%	24.3%	2.4%	1.6%	128.4K	-3.8M	-5.7K	0.52	57.84	N/A	N/A	23	12	1,264	850
2024-02-08	$58.66	$51.00	23.4%	6.7%	22.0%	5.5%	23.9%	2.6%	-1.5%	85.8K	-3.5M	-6.0K	0.29	47.20	N/A	N/A	7	2	1,282	850
2024-02-09	$58.77	$51.00	23.1%	6.6%	21.7%	5.0%	21.5%	2.1%	1.4%	88.9K	-3.6M	-5.8K	0.14	64.77	N/A	N/A	7	1	1,288	850
2024-02-12	$59.52	$51.00	23.9%	6.9%	21.8%	6.1%	26.8%	2.7%	-1.9%	137.1K	-4.0M	-5.1K	5.50	65.85	N/A	N/A	4	22	1,292	850
2024-02-13	$57.46	$51.00	27.0%	7.7%	24.8%	10.0%	27.4%	4.0%	6.3%	31.0K	-3.1M	-6.0K	1.30	59.98	N/A	N/A	10	13	1,292	850
2024-02-14	$58.77	$51.00	24.3%	7.0%	25.5%	6.6%	24.1%	3.6%	-1.9%	66.4K	-3.5M	-5.4K	0.05	66.62	N/A	N/A	21	1	1,294	849
2024-02-15	$60.78	$51.00	24.9%	7.1%	27.5%	7.3%	26.1%	2.8%	-1.2%	158.6K	-4.4M	-4.7K	0.06	68.21	N/A	N/A	72	4	1,310	849
2024-02-16	$60.44	$51.00	25.2%	7.2%	26.1%	7.7%	25.7%	2.5%	-4.0%	98.9K	-4.2M	-4.9K	0.10	70.69	N/A	N/A	139	14	1,317	853
2024-02-20	$60.02	$51.00	26.3%	7.5%	26.3%	9.1%	29.7%	3.3%	0.1%	61.2K	-3.7M	-5.0K	0.05	70.31	N/A	N/A	103	5	820	751
2024-02-21	$60.05	$51.00	25.4%	7.3%	26.3%	8.0%	26.0%	3.8%	-0.1%	65.0K	-3.7M	-5.5K	0.00	71.50	N/A	N/A	0	1	922	752
2024-02-22	$62.06	$51.00	26.5%	7.6%	28.2%	9.3%	28.8%	3.6%	-2.5%	80.8K	-4.2M	-4.7K	0.33	79.27	N/A	N/A	30	10	922	752
2024-02-23	$62.48	$51.00	24.7%	7.1%	28.2%	7.1%	24.2%	2.1%	-1.9%	90.1K	-4.4M	-4.4K	0.40	85.62	N/A	N/A	5	2	950	752
2024-02-26	$61.95	$51.00	25.1%	7.2%	28.5%	7.6%	0.0%	4.6%	1.9%	84.9K	-4.3M	-4.4K	0.25	85.80	N/A	N/A	4	1	952	752
2024-02-27	$61.99	$51.00	25.6%	7.3%	28.5%	8.2%	26.3%	2.4%	-2.4%	91.8K	-4.3M	-4.5K	1.00	85.33	N/A	N/A	1	1	954	753
2024-02-28	$62.50	$51.00	25.6%	7.3%	26.9%	8.2%	25.4%	1.9%	-0.6%	89.1K	-4.5M	-4.3K	0.30	84.77	N/A	N/A	10	3	954	754
2024-02-29	$62.62	$51.00	22.6%	6.5%	25.2%	4.4%	24.9%	3.8%	0.1%	92.0K	-4.5M	-4.3K	2.00	86.59	N/A	N/A	1	2	964	755