UYG Options History — August 2024

In August 2024, UYG traded between $62.50 and $77.55. ATM implied volatility averaged 32.6%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded below realized volatility by 8.1% (HV 20d: 40.7%). Max pain ranged from $52.00 to $64.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 3.06.

Notable Days

  • 2024-08-26: Highest Volume — 250 contracts
  • 2024-08-12: Largest IV spike — 80.5% change
  • 2024-08-02: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$70.34$62.50$77.55$69.77$77.55
Max Pain$53.64$52.00$64.00$64.00$53.00
ATM IV32.6%21.9%68.5%40.2%21.9%
Expected Move8.9%6.3%15.7%11.5%6.3%
HV 20d40.7%28.7%43.8%28.7%31.9%
HV 60d29.4%23.4%30.8%23.4%29.7%
IV Rank34.1%8.5%100.0%97.2%8.5%
IV Percentile65.9%8.7%100.0%99.6%8.7%
Term Structure-1.9%-15.7%2.9%-15.7%2.9%
VWIV31.4%21.4%62.8%50.3%23.6%
Skew 25d8.0%3.9%18.4%8.3%7.0%
Skew 10d15.8%-1.8%37.5%37.5%17.6%
Call IV 25d27.5%20.0%48.2%33.9%20.0%
Put IV 25d35.5%26.8%59.4%42.3%27.0%
Bid-Ask Spread %79.3666.8488.6186.8688.61
Gamma HHI0.150.080.350.110.27
Net GEX129.5K79.9K180.6K172.1K172.8K
Net DEX-3.3M-5.4M-1.9M-3.4M-5.4M
Net VEX-7.5K-10.4K-5.1K-9.0K-10.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.060.0031.001.000.44
Total Volume45.9551250813
Total OI1,361.7739751,6661,3741,357

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$69.77$64.0040.2%11.5%28.7%97.2%0.0%8.3%-15.7%172.1K-3.4M-9.0K1.0086.86N/AN/A441,263111
2024-08-02$66.22$64.0044.5%12.8%34.8%100.0%0.0%10.1%-5.3%132.9K-2.6M-9.1K0.1077.68N/AN/A1011,267115
2024-08-05$62.50$52.0068.5%15.7%40.5%100.0%50.3%11.2%-12.8%97.9K-1.9M-8.1K1.6785.21N/AN/A6101,270116
2024-08-06$65.25$52.0034.0%10.5%43.2%32.4%62.8%18.4%-1.1%99.9K-1.9M-7.2K20.5079.98N/AN/A2411,273125
2024-08-07$65.03$52.0039.8%10.6%43.2%43.8%34.1%7.4%0.2%109.1K-2.1M-8.1K0.0066.89N/AN/A0651,272164
2024-08-08$66.82$52.0041.3%9.2%43.8%46.6%0.0%9.7%1.9%110.9K-2.2M-7.6K0.0478.03N/AN/A2311,272229
2024-08-09$67.25$52.0029.4%9.2%43.8%23.3%28.2%8.3%2.6%127.8K-2.4M-7.9K0.0068.52N/AN/A501,289230
2024-08-12$66.34$52.0053.1%10.6%43.0%69.8%0.0%14.8%-2.9%109.3K-2.2M-7.2K4.0085.37N/AN/A141,294230
2024-08-13$67.51$52.0039.0%11.2%42.5%42.2%0.0%9.0%-12.7%124.7K-2.4M-6.4K0.0088.28N/AN/A021,293234
2024-08-14$69.49$52.0024.7%7.1%43.5%14.0%33.4%5.1%2.5%151.3K-3.1M-5.5K31.0066.84N/AN/A41241,305235
2024-08-15$70.81$53.0024.6%7.0%43.3%13.8%28.8%6.3%0.1%174.7K-3.7M-5.6K0.0272.75N/AN/A4111,308347
2024-08-16$71.38$53.0025.9%7.4%42.6%16.5%25.5%5.2%0.6%180.6K-3.9M-5.1K0.0483.61N/AN/A8331,318348
2024-08-19$72.21$53.0029.0%8.3%42.6%22.5%23.3%8.8%-1.3%79.9K-3.1M-5.8K0.0170.87N/AN/A1932811164
2024-08-20$71.63$53.0024.9%7.1%42.7%14.4%0.0%3.9%-3.9%106.6K-3.4M-6.8K0.5073.58N/AN/A21984164
2024-08-21$71.60$53.0026.0%7.5%41.6%16.6%30.5%7.1%-0.8%109.8K-3.3M-6.8K0.0074.67N/AN/A130986165
2024-08-22$72.31$53.0028.0%8.0%41.6%20.6%34.4%6.7%-1.7%105.0K-3.5M-6.4K0.0078.12N/AN/A150993165
2024-08-23$73.46$53.0023.4%6.7%41.2%11.6%22.7%5.4%2.1%119.7K-3.7M-7.3K0.0081.79N/AN/A150998165
2024-08-26$74.16$53.0023.4%6.7%41.3%11.6%33.0%6.5%1.7%127.2K-3.9M-6.9K0.0781.22N/AN/A234161,010165
2024-08-27$74.69$53.0023.7%6.8%40.7%12.1%21.4%5.3%0.9%139.6K-4.4M-8.5K0.0084.20N/AN/A101,111181
2024-08-28$75.18$53.0026.8%7.7%40.7%18.2%26.3%7.0%-0.4%142.0K-4.5M-8.7K1.8184.61N/AN/A16291,113181
2024-08-29$76.37$53.0025.5%7.3%38.2%15.6%24.3%4.5%0.3%156.1K-4.9M-9.6K0.0088.21N/AN/A2601,128210
2024-08-30$77.55$53.0021.9%6.3%31.9%8.5%23.6%7.0%2.9%172.8K-5.4M-10.4K0.4488.61N/AN/A941,147210