UYG Options History — April 2025

In April 2025, UYG traded between $66.85 and $90.34. ATM implied volatility averaged 63.1%, placing in the 53.4% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded below realized volatility by 26.8% (HV 20d: 89.9%). Max pain ranged from $80.00 to $91.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 5.45.

Notable Days

  • 2025-04-22: Highest Volume — 160 contracts
  • 2025-04-04: Largest IV spike — 94.3% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 25.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.48$66.85$90.34$88.71$82.28
Max Pain$86.29$80.00$91.00$91.00$80.00
ATM IV63.1%44.5%111.3%47.1%52.9%
Expected Move16.9%11.2%25.3%11.3%15.2%
HV 20d89.9%40.6%106.6%40.6%105.3%
HV 60d58.1%34.5%66.5%34.5%66.5%
IV Rank53.4%28.8%100.0%58.1%37.8%
IV Percentile95.5%86.1%100.0%95.2%92.5%
Term Structure-7.1%-20.3%2.5%-3.7%-11.4%
VWIV51.2%37.1%80.0%65.3%37.1%
Skew 25d23.9%6.3%37.6%6.3%35.7%
Skew 10d37.3%1.1%75.7%1.1%17.3%
Call IV 25d46.8%27.5%75.2%44.9%27.5%
Put IV 25d70.8%50.2%98.7%51.2%63.2%
Bid-Ask Spread %77.5751.1199.8851.1185.78
Gamma HHI0.120.100.160.150.13
Net GEX69.4K17.6K151.5K142.2K109.0K
Net DEX-589.6K-2.4M408.0K-2.2M-1.2M
Net VEX-9.0K-12.1K-6.8K-12.1K-9.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.450.0086.0013.000.20
Total Volume32.8101601412
Total OI1,087.6679221,2079531,207

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$88.71$91.0047.1%11.3%40.6%58.1%65.3%6.3%-3.7%142.2K-2.2M-12.1K13.0051.11N/AN/A113790163
2025-04-02$90.34$91.0048.9%11.2%41.2%61.5%42.6%25.8%0.6%151.5K-2.4M-12.1K86.0058.52N/AN/A186791174
2025-04-03$81.70$91.0051.7%14.4%53.0%67.0%43.7%23.1%-5.1%80.1K-973.0K-11.1K0.1458.81N/AN/A71792260
2025-04-04$71.37$91.00100.4%22.2%70.7%100.0%0.0%35.2%-12.9%27.0K199.6K-8.0K0.0481.90N/AN/A241796261
2025-04-07$68.53$91.00107.3%24.2%70.3%100.0%0.0%30.7%-14.0%17.6K408.0K-6.8K0.1575.13N/AN/A132777261
2025-04-08$66.85$91.00111.3%25.3%70.5%100.0%0.0%22.9%-13.5%20.2K296.1K-7.3K0.0071.33N/AN/A280788265
2025-04-09$79.03$91.0059.9%17.2%94.7%45.1%0.0%36.0%-8.4%54.4K-286.7K-9.1K0.1175.99N/AN/A475795265
2025-04-10$72.50$91.0081.3%23.3%99.2%68.0%80.0%30.5%-20.3%37.8K-53.4K-8.3K5.0081.81N/AN/A15823270
2025-04-11$77.18$91.0068.3%19.6%100.8%54.2%62.6%37.6%-11.4%47.9K-230.6K-9.0K1.1168.86N/AN/A1820824274
2025-04-14$79.22$91.0056.9%16.3%100.6%42.0%0.0%36.5%-2.5%58.8K-383.0K-8.9K0.0081.91N/AN/A10842281
2025-04-15$79.09$91.0054.2%15.5%100.6%39.1%41.3%28.3%-0.8%62.7K-420.8K-8.8K1.5073.39N/AN/A46843280
2025-04-16$75.70$91.0062.0%17.8%100.7%47.5%52.0%23.4%-7.1%47.7K-3.8K-8.0K0.1380.97N/AN/A466847286
2025-04-17$77.38$80.0058.1%16.6%101.2%43.2%38.5%31.5%-3.6%35.3K-24.7K-7.8K0.2981.85N/AN/A144857282
2025-04-21$72.90$80.0059.9%17.2%102.9%45.2%52.5%12.1%-4.5%24.5K250.0K-7.0K0.0584.63N/AN/A191659263
2025-04-22$78.36$80.0054.7%15.7%105.7%39.6%46.4%23.6%-8.6%42.1K-63.7K-7.5K0.0177.66N/AN/A1591678264
2025-04-23$79.79$80.0050.8%14.6%106.0%35.5%0.0%11.2%0.9%82.4K-725.8K-9.1K0.0883.06N/AN/A1058836265
2025-04-24$81.91$80.0049.6%14.2%106.6%34.2%52.5%16.3%-6.4%102.1K-1.2M-10.4K0.0575.74N/AN/A191914270
2025-04-25$80.83$80.0044.5%12.8%106.6%28.8%0.0%10.1%2.5%99.0K-1.0M-9.8K0.0090.19N/AN/A00927271
2025-04-28$81.53$80.0053.6%15.4%105.7%38.5%0.0%12.1%-9.1%102.6K-1.1M-9.4K1.0090.48N/AN/A22927271
2025-04-29$82.96$80.0051.1%14.6%105.3%35.8%0.0%14.1%-9.0%112.9K-1.2M-9.6K0.2099.88N/AN/A51929273
2025-04-30$82.28$80.0052.9%15.2%105.3%37.8%37.1%35.7%-11.4%109.0K-1.2M-9.6K0.2085.78N/AN/A102934273