UYG Options History — November 2024

In November 2024, UYG traded between $79.16 and $97.41. ATM implied volatility averaged 31.4%, placing in the 27.3% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 14.6% (HV 20d: 46.0%). Max pain ranged from $59.00 to $79.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.49.

Notable Days

  • 2024-11-06: Highest Volume — 208 contracts
  • 2024-11-06: Largest IV drop — 41.5% change
  • 2024-11-05: Highest IV Rank — 66.5%
  • 2024-11-01: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$90.45$79.16$97.41$80.50$97.41
Max Pain$63.15$59.00$79.00$79.00$64.00
ATM IV31.4%25.5%51.4%45.3%34.6%
Expected Move8.6%7.3%13.0%13.0%9.9%
HV 20d46.0%26.0%51.1%27.4%47.3%
HV 60d34.1%25.2%36.0%25.2%35.4%
IV Rank27.3%15.7%66.5%54.4%33.4%
IV Percentile74.1%48.4%99.2%98.8%92.1%
Term Structure-0.6%-12.0%4.9%-12.0%-5.2%
VWIV28.8%22.4%34.3%34.2%28.6%
Skew 25d3.8%-7.8%13.4%-0.5%8.1%
Skew 10d9.0%-10.1%22.3%21.1%9.0%
Call IV 25d27.7%24.6%36.5%36.5%28.0%
Put IV 25d31.5%19.9%39.5%35.9%36.1%
Bid-Ask Spread %84.4950.48105.8056.45102.57
Gamma HHI0.220.090.340.100.34
Net GEX214.6K82.2K317.2K102.7K223.4K
Net DEX-6.2M-8.0M-2.3M-2.9M-8.0M
Net VEX-9.8K-10.5K-7.6K-8.9K-9.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.005.005.000.09
Total Volume43.15020800
Total OI1,287.151,1401,4831,1401,280

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$80.50$79.0045.3%13.0%27.4%54.4%0.0%-0.5%-12.0%102.7K-2.9M-8.9K0.0056.45N/AN/A00969171
2024-11-04$79.16$59.0043.7%10.0%26.2%51.4%34.2%13.4%-1.5%82.2K-2.3M-7.6K5.0054.39N/AN/A210969171
2024-11-05$80.12$59.0051.4%9.7%26.0%66.5%34.3%11.1%-1.7%95.9K-2.5M-8.1K0.0250.48N/AN/A1293971180
2024-11-06$90.50$59.0030.1%9.1%49.8%24.6%32.9%4.2%-3.3%221.2K-6.6M-9.8K0.1186.68N/AN/A188201,094183
2024-11-07$87.97$62.0030.2%7.8%51.1%24.9%31.7%4.9%-0.4%220.2K-5.5M-9.4K0.1292.90N/AN/A2631,106203
2024-11-08$89.13$62.0027.5%7.7%49.5%19.6%28.0%4.2%-1.3%238.0K-5.9M-10.0K0.2274.20N/AN/A54121,122201
2024-11-11$91.56$63.0031.5%8.5%50.1%27.5%33.4%3.6%-2.7%245.7K-7.0M-10.0K0.0584.01N/AN/A7541,148212
2024-11-12$91.00$63.0027.3%8.5%50.2%19.2%24.9%6.0%2.2%271.6K-6.9M-10.3K0.0182.71N/AN/A9111,196216
2024-11-13$91.42$63.0028.3%8.1%49.7%21.2%28.2%-7.8%4.9%264.8K-7.4M-10.4K0.0083.95N/AN/A5301,237217
2024-11-14$90.75$63.0027.9%8.0%49.9%20.4%27.5%5.2%-1.0%317.2K-7.1M-9.9K0.0083.82N/AN/A2901,266217
2024-11-15$91.38$63.0028.8%8.3%49.9%22.1%29.8%2.1%0.7%270.8K-7.5M-10.5K0.3182.88N/AN/A32101,261208
2024-11-18$91.84$63.0027.0%7.7%49.2%18.5%24.8%-4.7%0.7%197.8K-6.3M-9.5K0.5094.41N/AN/A421,090130
2024-11-19$90.69$63.0028.1%8.1%49.6%20.7%28.0%2.4%2.3%188.0K-5.9M-10.3K0.0087.69N/AN/A2701,091132
2024-11-20$90.29$63.0027.9%8.0%49.6%20.4%22.4%3.5%2.2%189.4K-5.8M-9.9K1.3394.65N/AN/A341,103132
2024-11-21$92.82$63.0027.6%7.9%50.2%19.7%27.3%3.6%4.4%211.1K-6.5M-10.3K0.6084.21N/AN/A1061,101136
2024-11-22$94.25$63.0025.5%7.3%49.2%15.7%24.8%3.4%3.0%229.6K-6.9M-10.4K0.0091.48N/AN/A2301,107139
2024-11-25$95.56$63.0028.1%8.1%48.9%20.7%28.2%8.6%0.7%249.8K-7.4M-10.3K0.0096.77N/AN/A2001,114139
2024-11-26$96.16$63.0030.0%8.6%48.3%24.5%0.0%1.4%-4.8%230.1K-7.6M-10.0K0.09105.80N/AN/A1111,121139
2024-11-27$96.46$63.0028.1%8.1%48.3%20.8%28.6%3.5%1.5%241.9K-7.8M-10.0K0.0099.73N/AN/A0101,131140
2024-11-29$97.41$64.0034.6%9.9%47.3%33.4%0.0%8.1%-5.2%223.4K-8.0M-9.5K0.00102.57N/AN/A001,131149