AG Options History — June 2019

In June 2019, AG traded between $6.32 and $8.01. ATM implied volatility averaged 45.9%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 7.0% (HV 20d: 38.9%). Max pain ranged from $6.00 to $6.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.43.

Notable Days

  • 2019-06-20: Highest Volume — 15,827 contracts
  • 2019-06-20: Largest IV spike — 9.8% change
  • 2019-06-24: Highest IV Rank — 45.2%
  • 2019-06-05: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.95$6.32$8.01$6.40$7.85
Max Pain$6.00$6.00$6.00$6.00$6.00
ATM IV45.9%42.1%48.4%46.3%47.7%
Expected Move13.3%12.1%14.5%13.7%13.0%
HV 20d38.9%36.5%42.4%40.8%38.8%
HV 60d38.1%36.6%40.1%40.1%39.2%
IV Rank38.2%25.6%45.2%41.1%38.2%
IV Percentile30.9%3.6%48.0%35.3%44.8%
Term Structure0.4%-2.0%2.8%0.9%-1.9%
VWIV45.5%40.4%49.2%46.1%44.3%
Skew 25d2.8%-3.4%13.8%7.2%-0.9%
Skew 10d4.2%-21.8%26.5%12.6%2.9%
Call IV 25d43.9%32.4%50.0%43.2%47.7%
Put IV 25d46.8%40.9%51.2%50.4%46.8%
Bid-Ask Spread %8.736.3813.2311.137.75
Gamma HHI0.250.220.290.260.22
Net GEX476.4K300.1K698.8K300.1K698.8K
Net DEX-29.2M-46.6M-17.7M-18.3M-44.0M
Net VEX-178.7K-211.8K-154.9K-154.9K-211.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.113.060.110.37
Total Volume6,049.851,35815,8278,2245,384
Total OI135,832.3123,600151,207123,600151,207

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$6.40$6.0046.3%13.7%40.8%41.1%46.1%7.2%0.9%300.1K-18.3M-154.9K0.1111.137,38783792,44931,151
2019-06-04$6.34$6.0046.0%13.9%41.1%40.2%46.2%0.3%0.4%355.7K-18.6M-161.5K0.228.832,11246997,93431,321
2019-06-05$6.38$6.0047.1%14.5%39.8%44.3%49.2%1.2%-1.3%382.6K-19.6M-162.7K0.1710.053,59360398,57331,425
2019-06-06$6.46$6.0046.5%14.1%38.8%42.1%47.2%6.3%0.3%412.4K-21.0M-164.2K0.247.122,22853099,00231,442
2019-06-07$6.43$6.0045.9%14.0%38.5%39.6%46.4%-2.4%2.1%481.3K-20.3M-164.4K0.266.382,74770499,61531,491
2019-06-10$6.32$6.0045.2%13.1%38.8%37.2%40.4%-1.2%2.3%301.5K-17.7M-158.5K3.069.552,3087,06099,05931,321
2019-06-11$6.43$6.0046.3%13.2%38.2%41.3%44.8%3.0%0.8%407.2K-20.2M-166.1K0.197.812,604502100,62033,053
2019-06-12$6.56$6.0046.5%13.4%37.5%42.0%46.8%1.0%-0.7%443.9K-22.9M-172.9K0.2010.762,597516101,60533,110
2019-06-13$6.62$6.0043.6%12.9%37.4%31.3%42.9%-0.6%0.6%473.5K-24.1M-169.3K0.288.311,351379101,86133,138
2019-06-14$6.56$6.0045.5%13.3%36.5%38.3%44.9%9.1%2.2%502.8K-23.0M-165.4K0.266.582,827749101,90933,180
2019-06-17$6.71$6.0044.3%12.6%36.9%33.9%47.8%13.2%2.5%447.5K-24.3M-167.0K0.437.51952406100,55431,792
2019-06-18$6.72$6.0043.6%12.4%36.5%31.3%43.3%10.8%-0.7%462.9K-25.4M-172.1K0.1813.233,920689100,87731,756
2019-06-19$6.88$6.0042.1%12.1%36.5%25.6%42.8%13.8%2.8%527.4K-27.9M-178.1K0.187.044,386774102,95531,899
2019-06-20$7.33$6.0046.2%13.3%37.2%40.9%44.8%-2.5%-1.4%564.3K-36.1M-187.3K0.4010.2211,3034,524103,27832,011
2019-06-21$7.47$6.0046.6%13.4%37.1%42.3%46.5%-3.4%-2.0%639.2K-39.9M-195.1K0.558.457,5504,125106,64931,229
2019-06-24$8.01$6.0047.4%13.3%41.9%45.2%47.2%0.6%0.0%585.7K-46.6M-199.8K0.367.929,0603,293105,26132,303
2019-06-25$7.90$6.0048.4%13.6%41.5%42.2%47.7%1.5%-0.3%508.6K-45.0M-202.9K0.229.169,6612,136107,97234,493
2019-06-26$7.86$6.0046.5%12.9%41.7%33.9%46.0%-2.5%0.3%502.0K-45.0M-210.2K0.379.264,1431,552112,87036,228
2019-06-27$7.79$6.0046.7%12.5%42.4%33.8%44.2%2.2%0.3%530.8K-43.2M-210.1K0.537.563,2841,752113,38836,665
2019-06-28$7.85$6.0047.7%13.0%38.8%38.2%44.3%-0.9%-1.9%698.8K-44.0M-211.8K0.377.753,9321,452114,28736,920