UYG Options History — July 2024

In July 2024, UYG traded between $64.26 and $72.40. ATM implied volatility averaged 27.0%, placing in the 40.2% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 5.0% (HV 20d: 22.0%). Max pain ranged from $59.00 to $64.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 1.06.

Notable Days

  • 2024-07-17: Highest Volume — 631 contracts
  • 2024-07-03: Largest IV spike — 43.0% change
  • 2024-07-25: Highest IV Rank — 86.2%
  • 2024-07-25: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.65$64.26$72.40$64.26$72.40
Max Pain$63.32$59.00$64.00$59.00$64.00
ATM IV27.0%17.5%37.6%23.9%35.4%
Expected Move7.7%5.0%10.8%6.8%10.1%
HV 20d22.0%19.0%25.1%19.0%24.6%
HV 60d21.2%19.7%22.3%21.8%22.2%
IV Rank40.2%0.0%86.2%22.3%76.4%
IV Percentile51.5%0.0%98.0%27.0%94.8%
Term Structure2.3%-9.6%13.7%-4.3%10.2%
VWIV24.8%19.9%30.2%19.9%30.2%
Skew 25d3.9%-6.3%21.8%21.8%15.3%
Skew 10d11.0%-3.0%34.5%32.7%34.5%
Call IV 25d27.1%18.3%40.6%21.4%32.4%
Put IV 25d31.1%23.4%47.7%43.2%47.7%
Bid-Ask Spread %79.7356.23116.8689.09100.88
Gamma HHI0.130.090.160.150.14
Net GEX98.4K57.5K214.4K93.7K214.4K
Net DEX-3.2M-4.8M-2.1M-2.1M-4.4M
Net VEX-7.2K-9.9K-5.7K-6.3K-9.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.0019.350.250.00
Total Volume82.8180631100
Total OI1,217.3648991,9628991,374

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$64.26$59.0023.9%6.8%19.0%22.3%19.9%21.8%-4.3%93.7K-2.1M-6.3K0.2589.09N/AN/A82765134
2024-07-02$65.56$59.0017.7%5.1%20.2%0.0%0.0%5.1%4.5%73.0K-2.4M-6.4K0.0087.91N/AN/A1500771136
2024-07-03$65.48$59.0025.3%7.3%20.1%32.9%0.0%-1.3%7.4%81.9K-2.4M-6.5K0.00116.86N/AN/A230921136
2024-07-05$65.13$64.0030.5%5.9%20.2%55.3%21.4%5.8%8.0%87.9K-2.3M-6.6K0.5361.59N/AN/A4524944136
2024-07-08$65.02$64.0023.3%6.8%20.3%24.2%0.0%1.8%2.3%78.7K-2.2M-6.2K0.0056.23N/AN/A10989160
2024-07-09$65.98$64.0021.5%8.4%20.7%16.4%21.9%10.2%-4.2%57.5K-2.5M-5.7K0.0079.86N/AN/A290990160
2024-07-10$66.06$64.0017.5%5.0%20.2%0.0%0.0%4.4%13.7%71.8K-2.5M-6.1K0.0072.90N/AN/A501,013160
2024-07-11$67.37$64.0024.0%6.9%19.1%27.5%0.0%3.3%3.0%60.1K-2.9M-6.4K0.0070.76N/AN/A701,021160
2024-07-12$67.84$64.0021.1%6.1%19.1%15.3%0.0%0.8%5.5%63.2K-3.1M-6.2K0.0097.73N/AN/A1701,026160
2024-07-15$69.53$64.0020.9%6.0%20.4%14.6%23.0%-1.8%9.1%60.1K-3.6M-6.3K0.0471.95N/AN/A15861,029160
2024-07-16$71.21$64.0023.7%6.8%20.9%26.3%23.4%0.1%2.1%75.1K-4.1M-7.0K0.0162.74N/AN/A11411,064166
2024-07-17$72.37$64.0032.5%9.3%20.9%64.1%25.5%-0.7%-7.3%105.1K-4.8M-7.7K19.3577.97N/AN/A316001,147166
2024-07-18$70.71$64.0030.6%8.8%23.4%56.0%26.6%0.5%7.8%81.8K-4.2M-7.4K0.0772.58N/AN/A5941,166766
2024-07-19$69.16$64.0028.2%8.1%25.1%45.6%27.7%-1.1%1.5%84.6K-3.7M-7.6K0.4470.54N/AN/A27121,191771
2024-07-22$70.00$64.0022.1%6.3%25.0%19.4%24.1%7.8%4.1%114.9K-3.1M-7.4K0.4481.17N/AN/A941,017108
2024-07-23$70.38$64.0026.7%7.7%23.7%39.4%24.8%-1.3%3.1%121.8K-3.2M-8.0K0.0078.94N/AN/A1301,022107
2024-07-24$68.63$64.0033.4%9.6%24.3%67.8%0.0%6.5%-4.9%113.5K-2.8M-8.4K0.0084.69N/AN/A501,027107
2024-07-25$69.31$64.0037.6%10.8%23.6%86.2%0.0%-6.3%-9.6%129.3K-3.2M-8.6K0.0083.67N/AN/A3501,031107
2024-07-26$70.88$64.0032.4%9.3%24.2%63.8%0.0%10.3%-6.8%132.0K-3.4M-7.8K0.0080.49N/AN/A041,048107
2024-07-29$70.69$64.0032.4%9.3%24.4%63.7%29.4%4.6%0.0%131.3K-3.4M-8.4K0.0075.55N/AN/A101,048111
2024-07-30$72.27$64.0033.1%9.5%25.1%66.5%30.2%0.5%4.4%132.6K-3.7M-8.1K0.0079.85N/AN/A42801,049111
2024-07-31$72.40$64.0035.4%10.1%24.6%76.4%0.0%15.3%10.2%214.4K-4.4M-9.9K0.00100.88N/AN/A001,263111