AG Options History — June 2018

In June 2018, AG traded between $7.08 and $7.97. ATM implied volatility averaged 37.9%, placing in the 6.1% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 5.3% (HV 20d: 32.6%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2018-06-15: Highest Volume — 11,970 contracts
  • 2018-06-25: Largest IV spike — 11.5% change
  • 2018-06-27: Highest IV Rank — 20.1%
  • 2018-06-01: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.45$7.08$7.97$7.11$7.64
Max Pain$6.40$6.00$7.00$6.50$7.00
ATM IV37.9%35.2%40.8%38.9%38.7%
Expected Move11.1%10.0%12.0%12.0%10.7%
HV 20d32.6%23.4%40.0%28.4%40.0%
HV 60d33.3%32.7%34.2%32.9%34.2%
IV Rank6.1%0.0%20.1%6.2%12.6%
IV Percentile2.8%0.0%12.7%0.8%6.3%
Term Structure1.0%-3.5%3.7%-3.5%0.4%
VWIV38.5%35.7%41.4%40.0%37.0%
Skew 25d0.9%-3.0%5.0%-2.5%0.8%
Skew 10d3.4%-13.1%18.2%2.2%-0.1%
Call IV 25d37.7%33.8%40.6%40.6%38.3%
Put IV 25d38.7%32.3%42.1%38.0%39.1%
Bid-Ask Spread %8.176.1210.948.568.58
Gamma HHI0.220.180.250.220.23
Net GEX618.2K450.5K793.1K467.6K649.6K
Net DEX-31.4M-43.2M-24.0M-24.9M-33.7M
Net VEX-251.2K-272.1K-233.2K-233.2K-250.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.262.690.540.32
Total Volume6,452.814,03211,9706,1336,153
Total OI178,869.667173,004183,677173,274183,167

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$7.11$6.5038.9%12.0%28.4%6.2%40.0%-2.5%-3.5%467.6K-24.9M-233.2K0.548.563,9842,149139,61033,664
2018-06-04$7.08$6.0039.2%11.1%28.3%7.3%39.3%-1.7%-1.4%450.5K-24.0M-234.5K0.5710.153,8612,185140,05632,948
2018-06-05$7.14$6.0039.1%11.4%27.8%6.7%38.8%1.6%0.2%461.6K-25.3M-236.4K0.597.584,2692,506140,45633,020
2018-06-06$7.29$6.0038.3%11.8%28.3%3.9%41.4%3.0%-1.5%496.9K-28.6M-245.8K0.427.404,4081,868141,45733,195
2018-06-07$7.46$6.0038.4%12.0%29.1%4.1%40.3%1.7%-0.3%611.1K-31.7M-249.7K0.447.194,4761,981141,32233,214
2018-06-08$7.30$6.0037.7%11.1%23.4%1.4%36.5%-3.0%2.1%629.5K-30.5M-246.7K0.757.703,8962,941143,31232,869
2018-06-11$7.56$6.0036.8%11.0%26.2%0.0%38.4%0.4%3.7%696.4K-35.2M-257.1K0.447.255,1662,272143,36131,943
2018-06-12$7.66$6.0036.2%10.7%26.1%0.0%38.0%0.5%1.1%726.5K-37.0M-254.0K0.547.592,8691,547144,64432,209
2018-06-13$7.78$6.0036.1%10.8%25.7%0.0%38.8%3.9%2.4%766.1K-38.4M-260.6K0.267.918,3422,176144,83432,194
2018-06-14$7.97$6.0036.6%11.1%26.1%1.8%39.1%5.0%2.7%793.1K-43.2M-272.1K0.296.128,1152,326147,69032,836
2018-06-15$7.44$6.0037.5%11.4%37.0%5.1%40.4%-2.6%3.1%647.4K-31.3M-255.4K0.317.249,1272,843147,49033,155
2018-06-18$7.41$6.0038.2%10.9%37.0%7.7%38.2%5.0%0.5%680.2K-31.4M-258.6K0.569.063,3301,862147,41830,835
2018-06-19$7.36$6.0037.4%10.7%36.2%4.7%37.4%3.3%3.7%656.7K-29.9M-250.9K2.697.492,2215,978147,97531,038
2018-06-20$7.35$7.0037.6%10.8%36.2%5.6%38.6%3.9%1.7%550.9K-27.8M-251.8K0.5110.693,0291,537148,45234,704
2018-06-21$7.35$7.0036.9%10.6%36.1%3.0%37.7%4.0%0.7%558.9K-28.2M-250.9K0.6510.942,5501,665148,21234,844
2018-06-22$7.67$7.0035.2%10.0%38.8%0.0%35.7%-1.9%-0.1%659.2K-34.7M-260.0K0.316.874,7071,481148,51535,162
2018-06-25$7.48$7.0039.2%11.0%38.5%14.4%39.2%-0.8%1.6%622.2K-30.8M-252.4K0.459.453,4281,546148,00333,774
2018-06-26$7.56$7.0038.4%11.1%38.2%11.6%37.6%1.1%3.2%662.7K-32.6M-254.7K0.516.672,8061,428148,54934,033
2018-06-27$7.48$7.0040.8%11.0%38.5%20.1%39.6%-3.0%0.7%626.3K-30.8M-252.4K0.528.532,9351,514148,77834,086
2018-06-28$7.40$7.0038.8%11.2%38.6%13.0%37.1%0.4%0.5%567.9K-29.1M-247.3K0.488.582,7301,302148,94234,297
2018-06-29$7.64$7.0038.7%10.7%40.0%12.6%37.0%0.8%0.4%649.6K-33.7M-250.8K0.328.584,6611,492148,80734,360