AdvisorShares Ranger Equity Bear ETF (HDGE) Options History

Historical options analytics archive for HDGE with monthly max pain, implied volatility, gamma exposure, and put/call data.

178 months of complete options data available.

HDGE monthly aggregates over the last 6 months: ATM IV, max pain, net GEX, and put/call ratioAverage ATM IVAverage ATM IV50%100%150%200%250%26-0126-0226-0326-0426-0526-06MonthIVMonth-End Max PainMonth-End Max Pain$12$13$14$15$1626-0126-0226-0326-0426-0526-06MonthStrike ($)Month-End Net GEXMonth-End Net GEX$5.0K$10.0K$15.0K$20.0K26-0126-0226-0326-0426-0526-06MonthGEXAverage P/C RatioAverage P/C Ratio10.0020.0030.0040.0050.0026-0126-0226-0326-0426-0526-06MonthP/C
Month-by-month aggregates from the HDGE daily snapshot archive. IV and P/C are averages across days in the month; max pain and net GEX are end-of-month values.

HDGE monthly aggregates

Month-by-month rollups derived from the daily snapshot archive for HDGE. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).

MonthDaysAvg ATM IVAvg IV RankEnd Max PainEnd Net GEXEnd Net DEXAvg P/C
2026-062194.1%18.7%$16.00$2.3K-$27.5K50.00
2026-0520147.1%30.3%$16.00$3.2K-$38.1K16.67
2026-0421296.4%74.6%$12.00$3.9K-$51.7K8.17
2026-032135.8%15.5%$15.00$11.0K-$408.3K32.17
2026-021927.7%11.9%$16.00$23.1K-$391.4K0.25
2026-012025.8%7.3%$16.00$11.1K-$164.4K7.10

This archive aggregates HDGE's daily end-of-day options snapshots into monthly summaries, spanning 2011-09 through 2026-06. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how HDGE option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-06) shows an average ATM implied volatility near 94.1%, a month-end max-pain strike around $16.00, an average put/call ratio of 50.00.

2026

Jan | Feb | Mar | Apr | May | Jun

2025

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2024

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2023

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2022

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2021

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2020

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2019

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2018

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2017

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2016

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2015

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2014

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2013

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2012

Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec

2011

Sep | Oct | Nov | Dec

Frequently asked HDGE history questions

How much options history is available for HDGE?
This archive holds 178 months of HDGE options analytics, spanning 2011-09 through 2026-06. Each entry is a monthly rollup of HDGE's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the HDGE archive.
What data does each monthly HDGE aggregate contain?
Every monthly row summarizes that month of HDGE option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-06 recorded an average ATM implied volatility near 94.1%, an average IV rank of 18.7%, a month-end max-pain strike around $16.00, an average put/call ratio of 50.00.
How is the HDGE options-history archive built and how often does it update?
The archive is derived from HDGE's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how HDGE's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.