AG Options History — October 2018

In October 2018, AG traded between $5.56 and $6.33. ATM implied volatility averaged 55.7%, placing in the 72.8% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 15.6% (HV 20d: 40.0%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.56.

Notable Days

  • 2018-10-12: Highest Volume — 15,821 contracts
  • 2018-10-16: Largest IV drop — 8.2% change
  • 2018-10-15: Highest IV Rank — 90.8%
  • 2018-10-30: Largest Expected Move — 19.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.93$5.56$6.33$5.67$5.56
Max Pain$5.87$5.00$6.00$5.00$6.00
ATM IV55.7%49.4%60.8%51.5%57.1%
Expected Move16.8%14.4%19.6%14.4%18.6%
HV 20d40.0%28.8%46.3%40.5%45.0%
HV 60d55.7%52.6%56.6%56.3%56.5%
IV Rank72.8%50.4%90.8%57.9%77.9%
IV Percentile85.8%56.3%98.8%73.4%89.3%
Term Structure-0.8%-7.0%3.6%-0.6%-0.2%
VWIV55.7%32.2%66.5%51.2%65.3%
Skew 25d0.1%-11.7%14.4%0.6%3.0%
Skew 10d2.9%-24.5%35.9%8.3%0.9%
Call IV 25d55.1%49.9%63.2%51.0%57.5%
Put IV 25d55.2%44.1%64.8%51.6%60.5%
Bid-Ask Spread %13.159.4721.549.6114.85
Gamma HHI0.180.160.190.160.17
Net GEX360.8K238.7K565.6K281.9K238.7K
Net DEX-12.2M-20.3M-5.9M-8.6M-5.9M
Net VEX-189.6K-209.0K-171.1K-176.2K-171.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.181.161.150.22
Total Volume7,120.6093,46415,8213,46412,574
Total OI210,265.478195,760226,422212,145198,851

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$5.67$5.0051.5%14.4%40.5%57.9%51.2%0.6%-0.6%281.9K-8.6M-176.2K1.159.611,6141,850167,65344,492
2018-10-02$5.79$5.0049.7%14.8%37.2%51.6%51.7%-1.3%1.7%313.7K-10.7M-184.8K0.609.472,9301,751167,96644,576
2018-10-03$5.67$5.0049.4%14.5%38.2%50.4%32.2%0.1%3.1%278.5K-8.8M-180.0K0.5711.122,9151,676168,45544,682
2018-10-04$5.69$6.0052.6%16.1%38.2%61.9%55.5%-1.1%1.6%278.4K-9.0M-179.2K0.5017.113,0541,517168,01244,573
2018-10-05$5.68$6.0049.8%16.7%37.3%51.9%56.6%-0.0%3.6%298.6K-8.7M-179.5K0.4710.543,1151,478168,43844,654
2018-10-08$5.76$6.0053.2%16.5%36.4%64.1%57.1%1.5%1.9%309.9K-8.9M-181.7K0.5612.133,6342,019167,21943,633
2018-10-09$5.72$6.0054.1%16.1%36.2%67.1%55.9%-1.8%1.7%279.3K-8.0M-178.8K0.9611.212,1192,037166,89444,411
2018-10-10$5.72$6.0057.0%17.3%28.8%77.6%60.0%2.7%0.2%273.7K-7.8M-179.1K1.0911.622,1272,314167,06744,458
2018-10-11$6.25$6.0058.5%17.0%41.8%82.9%59.8%5.5%2.6%450.8K-16.5M-201.1K0.3312.387,7622,594167,43044,869
2018-10-12$6.17$6.0059.7%16.5%42.0%87.0%46.8%0.1%-4.3%420.1K-15.2M-197.9K0.2010.0813,1492,672168,43544,915
2018-10-15$6.33$6.0060.8%17.4%41.0%90.8%58.3%14.4%-4.1%565.6K-20.3M-209.0K0.7913.875,0944,044175,79944,834
2018-10-16$6.26$6.0055.8%16.0%41.4%73.0%55.2%-0.3%0.4%549.5K-17.9M-203.2K0.4910.623,6891,803176,50546,221
2018-10-17$6.23$6.0057.7%16.5%40.6%79.9%56.2%-9.2%-2.3%546.9K-18.3M-204.1K0.3014.185,6791,704177,03446,478
2018-10-18$6.28$6.0058.2%16.9%39.5%81.7%50.4%-0.6%-7.0%492.7K-20.2M-207.9K0.2812.596,1681,700179,22246,604
2018-10-19$6.22$6.0054.1%15.6%39.3%67.3%54.5%-11.7%0.6%393.4K-18.4M-202.6K0.3310.004,6731,557179,61846,804
2018-10-22$6.24$6.0056.2%16.8%39.0%74.7%54.9%5.4%-5.6%416.3K-15.8M-201.0K0.2613.364,9581,300154,93040,830
2018-10-23$6.22$6.0055.7%17.3%39.0%73.0%52.6%-0.5%1.5%410.2K-15.6M-202.6K0.3415.073,9621,358155,48141,412
2018-10-24$6.11$6.0055.7%17.0%38.7%72.9%49.9%5.2%-2.9%396.1K-14.0M-196.7K0.6517.143,5422,303156,37041,564
2018-10-25$5.71$6.0057.3%16.8%46.3%78.6%61.1%-5.4%-6.5%274.4K-8.4M-177.4K0.7714.673,8542,980156,51742,595
2018-10-26$5.72$6.0058.3%18.6%44.7%82.0%66.5%-3.9%-2.5%290.1K-8.4M-183.3K1.1618.354,4775,191157,28943,489
2018-10-29$5.62$6.0058.2%18.6%45.1%81.9%63.4%-5.6%0.1%263.3K-7.0M-180.1K0.7610.833,3592,555157,67244,625
2018-10-30$5.70$6.0060.1%19.6%44.8%88.4%66.4%4.8%-2.0%277.0K-7.6M-184.6K0.1821.5410,9591,964157,75344,777
2018-10-31$5.56$6.0057.1%18.6%45.0%77.9%65.3%3.0%-0.2%238.7K-5.9M-171.1K0.2214.8510,3412,233156,29742,554