UYG Options History — September 2024

In September 2024, UYG traded between $72.60 and $77.59. ATM implied volatility averaged 28.8%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 3.3% (HV 20d: 25.5%). Max pain ranged from $55.00 to $73.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.33.

Notable Days

2024-09-23: Highest Volume — 101 contracts
2024-09-10: Largest IV spike — 11.6% change
2024-09-05: Highest IV Rank — 30.9%
2024-09-06: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.32	$72.60	$77.59	$76.27	$76.25
Max Pain	$69.25	$55.00	$73.00	$55.00	$70.00
ATM IV	28.8%	26.0%	33.3%	30.1%	27.9%
Expected Move	8.3%	7.5%	9.5%	8.6%	8.0%
HV 20d	25.5%	19.1%	27.6%	22.7%	26.5%
HV 60d	31.1%	29.9%	31.7%	29.9%	31.3%
IV Rank	22.1%	16.6%	30.9%	24.7%	20.4%
IV Percentile	70.9%	56.7%	86.9%	80.2%	66.7%
Term Structure	2.3%	-4.5%	7.0%	-0.2%	2.6%
VWIV	34.2%	24.8%	63.0%	29.8%	26.3%
Skew 25d	7.2%	1.7%	14.0%	6.4%	4.3%
Skew 10d	17.6%	7.0%	27.7%	7.0%	17.4%
Call IV 25d	25.7%	15.3%	27.6%	26.9%	26.7%
Put IV 25d	32.9%	23.2%	41.5%	33.3%	31.0%
Bid-Ask Spread %	51.59	28.17	93.99	91.66	56.38
Gamma HHI	0.16	0.11	0.24	0.22	0.12
Net GEX	118.2K	72.3K	167.5K	152.6K	87.6K
Net DEX	-3.9M	-5.3M	-2.0M	-5.0M	-2.3M
Net VEX	-8.6K	-10.3K	-7.6K	-9.8K	-7.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.00	2.33	0.00	0.00
Total Volume	19.35	0	101	7	4
Total OI	1,254.6	793	1,465	1,369	926

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
2024-09-03	$76.27	$55.00	30.1%	8.6%	22.7%	24.7%	29.8%	6.4%	-0.2%	152.6K	-5.0M	-9.8K	0.00	91.66	N/A	N/A	7	0	1,155	214
2024-09-04	$76.78	$55.00	32.4%	9.3%	19.1%	29.1%	63.0%	7.3%	-4.5%	159.4K	-5.0M	-9.8K	0.25	93.99	N/A	N/A	4	1	1,167	214
2024-09-05	$75.38	$73.00	33.3%	8.7%	20.9%	30.9%	0.0%	12.7%	0.5%	153.3K	-4.6M	-10.3K	0.00	47.38	N/A	N/A	1	0	1,167	213
2024-09-06	$72.90	$73.00	30.4%	9.5%	24.1%	25.2%	0.0%	14.0%	3.6%	114.9K	-3.9M	-8.6K	0.00	45.34	N/A	N/A	0	2	1,173	213
2024-09-09	$75.20	$73.00	28.3%	9.0%	25.9%	21.1%	0.0%	10.5%	5.1%	126.4K	-4.5M	-8.9K	0.67	44.12	N/A	N/A	3	2	1,173	215
2024-09-10	$73.47	$73.00	31.6%	9.2%	27.1%	27.5%	37.4%	13.2%	-0.2%	120.1K	-4.0M	-8.7K	0.18	33.87	N/A	N/A	17	3	1,174	217
2024-09-11	$72.60	$70.00	30.1%	8.6%	27.3%	24.6%	43.7%	10.8%	3.4%	114.5K	-3.8M	-8.3K	2.33	36.75	N/A	N/A	3	7	1,175	218
2024-09-12	$73.13	$70.00	28.9%	8.3%	25.7%	22.3%	34.2%	8.5%	4.0%	110.6K	-4.0M	-8.7K	0.05	29.84	N/A	N/A	38	2	1,175	223
2024-09-13	$73.72	$70.00	28.7%	8.2%	25.1%	21.9%	30.4%	7.2%	0.3%	136.1K	-4.2M	-8.9K	1.00	28.17	N/A	N/A	6	6	1,211	225
2024-09-16	$75.27	$70.00	28.5%	8.2%	25.9%	21.6%	26.3%	6.5%	1.5%	152.6K	-4.7M	-8.7K	0.00	31.92	N/A	N/A	6	0	1,213	221
2024-09-17	$75.96	$70.00	29.1%	8.3%	25.8%	22.7%	0.0%	5.9%	1.8%	167.5K	-4.9M	-8.5K	0.10	40.86	N/A	N/A	20	2	1,217	221
2024-09-18	$75.88	$70.00	28.9%	8.3%	25.5%	22.3%	0.0%	8.4%	0.3%	158.3K	-5.0M	-8.7K	0.33	43.72	N/A	N/A	3	1	1,227	221
2024-09-19	$77.59	$70.00	26.9%	7.7%	26.4%	18.4%	28.2%	4.2%	2.8%	126.1K	-5.3M	-7.9K	0.45	39.55	N/A	N/A	29	13	1,230	221
2024-09-20	$77.09	$73.00	28.2%	8.1%	26.5%	21.0%	31.7%	3.3%	6.7%	72.3K	-5.2M	-8.0K	0.52	49.34	N/A	N/A	42	22	1,231	234
2024-09-23	$77.09	$70.00	26.0%	7.5%	26.1%	16.6%	0.0%	8.0%	0.1%	76.9K	-2.5M	-8.0K	0.01	89.52	N/A	N/A	100	1	664	129
2024-09-24	$75.53	$70.00	26.4%	7.6%	27.2%	17.3%	24.8%	4.2%	7.0%	80.2K	-2.2M	-8.3K	0.00	57.70	N/A	N/A	4	0	764	130
2024-09-25	$74.69	$70.00	26.4%	7.6%	27.4%	17.4%	0.0%	3.8%	3.3%	77.4K	-2.0M	-7.6K	0.00	49.78	N/A	N/A	2	0	768	130
2024-09-26	$75.48	$70.00	26.8%	7.7%	27.6%	18.1%	26.3%	2.7%	3.7%	90.1K	-2.4M	-9.0K	0.06	52.03	N/A	N/A	34	2	767	130
2024-09-27	$76.07	$70.00	27.2%	7.8%	27.1%	18.9%	0.0%	1.7%	4.2%	88.1K	-2.4M	-8.1K	0.00	69.85	N/A	N/A	0	0	794	132
2024-09-30	$76.25	$70.00	27.9%	8.0%	26.5%	20.4%	0.0%	4.3%	2.6%	87.6K	-2.3M	-7.7K	0.00	56.38	N/A	N/A	4	0	794	132