UYG Options History — July 2025

In July 2025, UYG traded between $92.87 and $98.73. ATM implied volatility averaged 32.9%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 4.7% (HV 20d: 28.2%). Max pain ranged from $85.00 to $96.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2025-07-14: Highest Volume — 89 contracts
  • 2025-07-07: Largest IV spike — 56.1% change
  • 2025-07-07: Highest IV Rank — 28.3%
  • 2025-07-11: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$95.94$92.87$98.73$96.72$95.43
Max Pain$93.18$85.00$96.00$85.00$94.00
ATM IV32.9%26.1%44.1%26.1%31.6%
Expected Move9.3%7.5%10.7%7.5%9.1%
HV 20d28.2%23.6%32.4%29.4%23.6%
HV 60d35.1%26.1%60.9%60.9%26.1%
IV Rank16.1%9.1%28.3%9.1%14.6%
IV Percentile47.4%15.1%84.1%15.1%42.1%
Term Structure2.8%-2.7%8.5%5.2%7.8%
VWIV32.3%20.5%41.8%28.3%41.8%
Skew 25d10.1%-0.3%19.0%14.1%-0.3%
Skew 10d14.0%3.6%23.9%23.9%14.6%
Call IV 25d25.4%18.9%31.9%22.7%29.5%
Put IV 25d35.5%24.1%43.0%36.8%29.2%
Bid-Ask Spread %98.9178.31116.65112.78102.56
Gamma HHI0.160.090.320.180.09
Net GEX143.8K71.9K317.8K143.8K82.6K
Net DEX-1.9M-2.6M-1.2M-2.1M-1.4M
Net VEX-6.4K-6.9K-6.0K-6.4K-6.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.005.005.001.25
Total Volume21.81808960
Total OI633571846571631

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$96.72$85.0026.1%7.5%29.4%9.1%0.0%14.1%5.2%143.8K-2.1M-6.4K5.00112.78N/AN/A15459112
2025-07-02$96.13$85.0031.2%8.9%29.6%14.6%28.3%11.0%0.1%138.5K-2.1M-6.5K0.00116.65N/AN/A100461117
2025-07-03$98.45$96.0028.3%9.0%30.2%11.4%33.1%5.4%-0.6%142.4K-2.6M-6.1K0.10104.11N/AN/A101465117
2025-07-07$96.00$96.0044.1%9.6%31.7%28.3%0.0%11.1%0.1%128.0K-2.2M-6.4K0.6789.19N/AN/A32468118
2025-07-08$94.81$96.0041.3%10.5%31.4%25.3%35.8%19.0%-0.7%141.3K-2.1M-6.2K0.0495.17N/AN/A803471120
2025-07-09$95.19$92.0033.4%9.6%31.1%17.0%0.0%13.2%0.2%164.3K-2.1M-6.3K0.00107.78N/AN/A01488123
2025-07-10$96.52$92.0031.4%9.0%31.2%14.8%34.6%17.5%1.2%174.0K-2.3M-6.2K0.0099.75N/AN/A10488123
2025-07-11$94.62$92.0037.5%10.7%32.3%21.2%20.5%15.2%-0.5%157.1K-1.9M-6.0K0.0098.29N/AN/A40488123
2025-07-14$95.59$92.0034.0%9.8%32.4%17.6%33.7%8.0%-0.0%178.0K-2.2M-6.1K1.7878.31N/AN/A3257492123
2025-07-15$92.87$95.0034.8%10.0%29.8%17.9%34.4%12.1%5.6%184.2K-1.6M-6.5K0.0087.25N/AN/A440527176
2025-07-16$93.84$95.0037.1%10.6%28.7%20.4%35.3%12.6%2.6%263.1K-1.6M-6.4K0.4787.92N/AN/A4320565176
2025-07-17$95.53$94.0029.9%8.6%28.6%12.7%29.5%17.6%0.7%302.6K-2.4M-6.6K0.0085.60N/AN/A760586196
2025-07-18$95.44$94.0033.4%9.6%28.6%16.4%0.0%10.3%5.1%317.8K-2.6M-6.9K3.0095.40N/AN/A13650196
2025-07-21$95.10$94.0031.2%8.9%28.7%14.1%0.0%4.8%6.1%72.2K-1.2M-6.5K0.20102.56N/AN/A51422165
2025-07-22$96.22$94.0032.1%9.2%28.2%15.0%0.0%8.7%3.4%71.9K-1.3M-6.4K0.00103.44N/AN/A10427166
2025-07-23$97.30$94.0032.5%9.3%24.8%15.5%0.0%5.7%-2.7%81.5K-1.5M-6.6K0.08108.64N/AN/A242428166
2025-07-24$97.70$94.0027.1%7.8%23.8%9.7%28.5%6.8%5.4%83.3K-1.7M-6.8K0.2095.78N/AN/A51440167
2025-07-25$98.73$94.0029.2%8.4%23.6%12.0%0.0%12.0%8.5%88.0K-1.8M-6.6K0.00101.16N/AN/A80443167
2025-07-28$97.19$94.0034.3%9.8%24.5%17.4%41.8%11.7%1.1%84.5K-1.7M-6.7K0.0996.05N/AN/A222449167
2025-07-29$96.03$94.0029.0%8.3%24.3%11.7%0.0%3.5%6.7%83.6K-1.6M-6.6K2.00100.60N/AN/A12460169
2025-07-30$95.20$94.0033.9%9.7%23.7%17.0%0.0%1.8%6.4%81.8K-1.4M-6.4K1.25107.14N/AN/A45460171
2025-07-31$95.43$94.0031.6%9.1%23.6%14.6%0.0%-0.3%7.8%82.6K-1.4M-6.3K0.00102.56N/AN/A00459172