UYG Options History — April 2024

In April 2024, UYG traded between $60.40 and $67.37. ATM implied volatility averaged 28.4%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 3.5% (HV 20d: 25.0%). Max pain ranged from $60.00 to $63.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.01.

Notable Days

  • 2024-04-26: Highest Volume — 207 contracts
  • 2024-04-15: Largest IV spike — 15.3% change
  • 2024-04-15: Highest IV Rank — 46.6%
  • 2024-04-15: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.88$60.40$67.37$67.37$62.42
Max Pain$62.27$60.00$63.00$60.00$63.00
ATM IV28.4%25.8%33.6%26.9%28.4%
Expected Move8.1%6.8%9.6%7.7%8.1%
HV 20d25.0%20.2%28.0%20.2%25.2%
HV 60d23.6%21.9%24.8%21.9%23.8%
IV Rank30.1%21.7%46.6%25.1%30.0%
IV Percentile60.5%46.0%81.3%51.6%64.7%
Term Structure-0.8%-6.3%8.3%0.4%-0.5%
VWIV29.4%20.2%38.7%26.5%25.8%
Skew 25d5.0%-2.8%10.8%4.5%3.6%
Skew 10d11.4%6.2%15.9%15.6%7.2%
Call IV 25d26.3%19.9%31.9%23.5%25.9%
Put IV 25d31.3%22.9%39.8%28.0%29.5%
Bid-Ask Spread %43.1727.7768.0162.4057.04
Gamma HHI0.210.140.330.330.18
Net GEX48.9K3.3K115.8K115.8K14.4K
Net DEX-2.1M-3.1M-985.3K-2.9M-1.9M
Net VEX-7.3K-7.7K-6.2K-6.2K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.006.330.140.38
Total Volume40.2730207820
Total OI1,522.0451,2481,7571,3411,757

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$67.37$60.0026.9%7.7%20.2%25.1%26.5%4.5%0.4%115.8K-2.9M-6.2K0.1462.40N/AN/A7210732609
2024-04-02$66.73$61.0025.9%7.4%20.8%22.1%38.7%4.1%-0.1%103.3K-3.0M-7.6K0.0063.43N/AN/A140804619
2024-04-03$66.73$61.0025.8%7.4%20.6%21.7%0.0%5.4%1.3%110.9K-3.0M-7.4K0.0068.01N/AN/A07809619
2024-04-04$65.19$60.0029.4%8.2%22.2%33.4%25.9%5.2%1.5%73.6K-2.5M-7.6K0.0027.77N/AN/A140809625
2024-04-05$66.22$60.0027.8%7.9%22.7%28.1%32.3%-2.8%0.3%102.6K-2.9M-7.1K1.7532.29N/AN/A47823625
2024-04-08$66.80$60.0027.9%6.8%22.8%28.4%30.2%4.2%8.3%112.1K-3.1M-7.0K6.3328.87N/AN/A957827632
2024-04-09$65.85$63.0028.5%8.0%23.5%30.4%28.9%10.8%-6.2%79.7K-2.6M-7.5K5.0033.09N/AN/A15836676
2024-04-10$64.21$63.0028.4%8.1%25.3%29.9%30.8%5.0%-1.5%35.4K-2.1M-7.6K0.9328.43N/AN/A5450836681
2024-04-11$63.84$63.0028.9%8.3%25.1%31.5%0.0%5.7%-1.1%50.2K-2.1M-7.4K0.0028.39N/AN/A00890669
2024-04-12$61.49$63.0029.1%8.4%27.8%32.4%30.7%6.6%-1.0%12.2K-1.3M-7.7K0.5732.92N/AN/A2112890669
2024-04-15$60.73$63.0033.6%9.6%28.0%46.6%20.2%6.6%-1.3%6.2K-1.1M-7.5K0.0032.63N/AN/A740911671
2024-04-16$60.40$63.0032.8%9.4%27.5%43.9%0.0%10.8%1.4%9.3K-985.3K-7.5K0.0057.29N/AN/A110979665
2024-04-17$60.49$63.0031.3%9.0%27.3%39.2%35.1%7.2%-2.1%8.1K-1.1M-7.4K1.1442.80N/AN/A78987665
2024-04-18$60.85$63.0030.1%8.6%25.4%35.5%29.2%6.6%-0.6%15.5K-1.2M-7.2K0.5542.21N/AN/A2916987668
2024-04-19$62.17$63.0030.2%8.7%25.8%35.8%32.2%2.1%0.4%95.7K-1.7M-7.0K0.2940.85N/AN/A2881,008668
2024-04-22$63.87$63.0026.8%7.7%27.2%24.9%28.9%3.9%-6.3%3.3K-1.9M-6.7K0.0437.72N/AN/A1115620628
2024-04-23$64.59$63.0027.9%8.0%27.4%28.5%25.4%4.2%-4.8%25.4K-2.2M-6.4K1.0040.60N/AN/A44725629
2024-04-24$64.58$63.0026.1%7.5%27.3%22.5%0.0%3.7%-0.8%25.3K-2.3M-7.5K0.0038.89N/AN/A00788633
2024-04-25$63.97$63.0026.8%7.7%26.5%24.8%28.8%4.6%-2.9%23.1K-2.2M-7.5K0.0050.85N/AN/A260888633
2024-04-26$63.71$63.0025.9%7.4%25.4%21.9%0.0%4.7%-1.0%28.7K-2.2M-7.5K0.0248.40N/AN/A2025914633
2024-04-29$63.20$63.0026.7%7.7%25.1%24.6%25.8%4.0%-2.0%25.7K-2.1M-7.5K0.3854.81N/AN/A831,115633
2024-04-30$62.42$63.0028.4%8.1%25.2%30.0%0.0%3.6%-0.5%14.4K-1.9M-7.3K0.0057.04N/AN/A001,121636