United States 12 Month Natural Gas Fund, LP (UNL) Options Volume

44 United States 12 Month Natural Gas Fund, LP (UNL) option contracts changed hands in the latest session, at a put/call volume ratio of 0.19. This page tracks how actively UNL options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$5.85
52-week range
$5.80 – $8.89
ATM IV (30d)
24.9%
IV rank
1 / 100
Low
Expected move
±$0.38 (±6.5%)
Put/call OI
0.09
Call-heavy
Max pain
$6
↑ 2.6% above close
Next earnings
Nov 8, 2026

Options Volume & Premium Flow

Total options volume44
Call volume37
Put volume7
Put/call volume ratio0.19
Listed contracts98
Call premium traded$564
Put premium traded$805
Premium put/call ratio1.43
Open interest rank (31 day)76 / 100

UNL Options Volume Trend

0597.61.2K1.8K2.4KFeb '26May '26Aug '26

UNL total options volume per session, past year.

0.001.793.585.367.15Feb '26May '26Aug '26

UNL put/call volume ratio, past year.

UNL Unusual Options Activity

No UNL contract currently trades at 3× its 30-day average volume with at least 500 contracts — nothing clears OptiView's unusual-activity bar today.

With a put/call volume ratio of 0.19, today's trading is tilted toward calls. Measured in dollars rather than contracts, $564 of call premium and $805 of put premium changed hands — the larger premium flow is on the put side.

Explore the payoff profile of option on UNL for free

Build multi-leg UNL strategies, visualize payoffs, and scan the full US options universe with OptiView.

UNL Options FAQ

How many UNL options traded today?

44 UNL option contracts traded as of Aug 24, 2026 — 37 calls and 7 puts.

Is there unusual options activity in UNL today?

No UNL contract currently clears OptiView's unusual-activity bar as of Aug 24, 2026, which requires at least 3× the contract's 30-day average volume and 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.