UNL · Expected Move

United States 12 Month Natural Gas Fund, LP · ETF

The expected move for UNL is derived from at-the-money straddle pricing — the market's implied one-standard-deviation move through the next 30 days. Comparing it to realized moves reveals when options are pricing in too much (premium-selling regime) vs too little (premium-buying regime).

UNL straddle price & implied vol

60 sessions

Bars: at-the-money straddle price (30-day and 7-day) — the market's priced move. Line: 30-day at-the-money implied volatility (right axis).

Current UNL Expected Move
30-Day Straddle
$1.00
7-Day Straddle
$1.00
30-Day ATM IV
43.8%
IV Rank
24%
Implied one-standard-deviation move through the next 30 days. Compare to UNL's realized move over the same window to gauge whether options are pricing in too much (premium-selling regime) or too little (premium-buying regime). The Expected Move Tracker ranks every symbol by this measure.
UNL Straddle Price — Last 60 Days
Date30D Straddle7D StraddleATM IVIV Rank
20260302 $1.00 $1.00 43.8% 24%
20260227 $0.60 $0.60 53.8% 40%
20260226 $0.40 $0.40 41.6% 21%
20260225 $0.55 $0.55 45.0% 26%
20260224 $1.43 $1.43 71.0% 67%
20260223 $0.65 $0.65 91.8% 100%
20260221 $0.75 $0.75 — —
20260220 $0.75 $0.42 48.9% 53%
20260219 $0.73 $1.38 54.6% 67%
20260218 $0.95 $1.20 59.2% 58%
20260217 $0.85 $2.67 54.4% 24%
20260213 $0.75 $1.77 45.1% 16%
20260212 $0.93 $2.50 58.2% 28%
20260211 $0.78 $0.78 46.1% 17%
20260210 $0.75 $0.78 56.0% 26%
20260209 $0.90 $0.65 51.8% 22%
20260206 $1.20 $0.90 60.1% 30%
20260205 $0.95 $1.23 49.6% 20%
20260204 $0.85 $0.85 51.6% 22%
20260203 $0.82 $0.82 46.4% 17%
20260202 $0.93 $0.93 54.9% 25%
20260130 $1.15 $1.15 60.8% 30%
20260129 $0.82 $0.82 52.3% 22%
20260128 $0.85 $0.85 53.1% 23%
20260127 $0.88 $0.88 49.3% 19%
20260126 $0.68 $0.68 41.9% 13%
20260123 $0.85 $0.85 53.2% 23%
20260122 $0.85 $0.85 55.6% 25%
20260121 $0.85 $0.85 48.1% 18%
20260120 $0.70 $0.70 59.0% 28%
20260116 $1.55 $0.68 — —
20260115 $0.78 $0.45 60.4% 30%
20260114 $1.07 $0.68 — —
20260113 $1.05 $0.55 55.5% 25%
20260112 $0.93 $0.38 57.5% 27%
20260109 $1.20 $0.88 64.3% 33%
20260108 $0.97 $0.68 44.7% 15%
20260107 $0.77 $0.60 45.3% 16%
20260106 $0.97 $0.68 58.9% 28%
20260105 $1.08 $0.68 58.1% 28%
20260102 $0.72 $0.72 52.8% 23%
20251231 $0.95 $0.95 52.8% 23%
20251230 $0.97 $0.97 54.2% 24%
20251229 $0.95 $0.95 63.8% 33%
20251226 $0.90 $0.90 57.7% 27%
20251224 $1.00 $1.00 51.3% 21%
20251223 $0.97 $0.97 50.5% 21%
20251222 $0.78 $0.78 47.3% 18%
20251219 $0.95 $0.67 56.6% 26%
20251218 $0.95 $0.60 57.1% 27%
20251217 $1.15 $0.53 64.4% 34%
20251216 $0.95 $0.42 54.2% 24%
20251215 $0.98 $0.72 67.3% 36%
20251212 $1.25 $0.68 64.8% 34%
20251211 $0.93 $0.32 33.2% 5%
20251210 $0.95 $0.40 32.1% 4%
20251209 $0.90 $0.45 41.6% 12%
20251208 $0.95 $0.50 44.2% 15%
20251205 $1.12 $0.80 48.5% 19%
20251204 $1.00 $0.85 45.4% 16%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.