AG Options History — July 2019

In July 2019, AG traded between $7.46 and $10.26. ATM implied volatility averaged 52.7%, placing in the 53.5% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded below realized volatility by 0.9% (HV 20d: 53.7%). Max pain ranged from $6.00 to $8.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.29.

Notable Days

  • 2019-07-18: Highest Volume — 26,831 contracts
  • 2019-07-17: Largest IV spike — 13.8% change
  • 2019-07-29: Highest IV Rank — 89.6%
  • 2019-07-30: Largest Expected Move — 18.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.89$7.46$10.26$7.46$9.43
Max Pain$7.27$6.00$8.00$6.00$8.00
ATM IV52.7%45.5%60.1%46.2%57.7%
Expected Move15.4%11.7%18.2%13.0%17.6%
HV 20d53.7%42.4%63.0%42.4%62.0%
HV 60d44.9%40.4%49.7%40.4%49.7%
IV Rank53.5%16.9%89.6%31.9%77.6%
IV Percentile66.3%23.0%98.8%29.8%92.1%
Term Structure-0.1%-2.6%3.3%-0.2%-1.4%
VWIV53.1%37.3%63.8%45.0%62.1%
Skew 25d0.2%-5.7%8.1%-3.2%0.4%
Skew 10d1.6%-24.6%22.5%-7.6%-24.6%
Call IV 25d53.0%41.9%62.0%49.1%58.9%
Put IV 25d53.1%45.3%61.4%46.0%59.2%
Bid-Ask Spread %13.836.4973.876.4911.40
Gamma HHI0.230.200.300.230.22
Net GEX872.9K691.5K1.2M693.7K980.3K
Net DEX-63.4M-90.4M-37.2M-37.2M-65.5M
Net VEX-236.6K-279.5K-196.8K-196.8K-269.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.150.650.250.24
Total Volume9,947.6822,98126,8315,64512,811
Total OI159,391.818145,820181,977145,820173,013

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$7.46$6.0046.2%13.0%42.4%31.9%45.0%-3.2%-0.2%693.7K-37.2M-196.8K0.256.494,5251,120113,66032,160
2019-07-02$7.92$6.0045.5%12.5%45.7%16.9%41.8%2.7%-1.7%721.7K-46.0M-209.6K0.336.682,565853113,82532,840
2019-07-03$7.88$6.0046.5%11.7%46.0%21.8%37.3%-0.8%0.1%729.6K-44.9M-209.3K0.447.412,187960114,18832,839
2019-07-05$7.83$8.0047.1%14.6%46.4%24.8%49.8%8.1%1.6%700.7K-44.4M-207.3K0.3773.872,663988114,73933,086
2019-07-08$7.82$8.0047.5%13.8%46.3%26.9%48.3%3.4%0.8%716.0K-43.6M-205.8K0.169.342,639432113,69832,734
2019-07-09$7.89$8.0047.4%14.3%45.2%26.4%48.4%4.1%3.3%729.9K-45.1M-208.8K0.339.312,239742114,48132,973
2019-07-10$8.12$8.0045.6%13.9%45.6%17.7%49.5%1.0%2.7%752.8K-49.6M-211.1K0.2910.953,6401,067114,64033,291
2019-07-11$7.93$8.0047.8%14.3%47.1%28.5%48.2%2.0%2.3%721.0K-46.1M-207.6K0.2810.264,0121,118115,39633,629
2019-07-12$7.82$8.0047.2%13.8%47.9%25.2%48.4%0.5%0.6%728.0K-43.6M-202.4K0.2710.603,656974115,96233,859
2019-07-15$7.88$8.0048.9%14.1%47.4%33.7%48.8%1.0%-1.4%740.2K-44.3M-209.0K0.6510.154,1382,683114,84633,160
2019-07-16$8.57$8.0048.9%14.0%54.2%34.0%48.8%-2.9%1.3%691.5K-57.9M-219.7K0.1811.6016,7703,028116,83435,436
2019-07-17$9.35$7.0055.7%16.0%60.2%67.6%55.0%1.7%-1.5%840.9K-75.5M-237.1K0.258.4616,4294,164121,84936,425
2019-07-18$9.93$6.0056.9%16.3%62.1%73.6%56.9%2.0%-0.3%958.4K-88.8M-246.9K0.208.2722,3574,474126,22538,071
2019-07-19$9.89$6.0057.6%16.6%60.2%77.1%57.9%-5.7%0.8%888.9K-88.2M-255.7K0.1827.6021,0113,873132,45540,746
2019-07-22$10.18$6.0058.8%17.2%60.4%83.2%59.7%-0.9%0.0%995.5K-86.3M-259.4K0.3412.1113,5204,596127,52535,260
2019-07-23$9.99$7.0059.3%17.2%58.0%85.5%58.7%-4.5%-1.6%1.1M-83.3M-268.6K0.2712.569,4882,526133,55637,573
2019-07-24$10.26$7.0059.6%17.4%57.5%87.0%60.9%-1.2%-0.4%1.2M-90.4M-274.6K0.3113.547,5342,313136,76738,757
2019-07-25$9.65$7.0057.6%17.1%63.0%76.9%59.7%-0.9%-1.9%1.1M-74.7M-271.3K0.269.5210,8422,855138,75939,492
2019-07-26$9.80$8.0058.7%17.2%62.6%82.6%55.9%-2.1%0.4%1.1M-78.0M-279.5K0.5312.704,3122,268141,41140,566
2019-07-29$9.97$8.0060.1%17.0%62.6%89.6%63.5%0.3%-1.9%1.1M-78.8M-277.0K0.158.234,489660134,04434,981
2019-07-30$10.06$8.0059.8%18.2%58.1%88.0%63.8%-1.8%-2.6%1.1M-81.8M-277.3K0.1913.194,467861135,64035,229
2019-07-31$9.43$8.0057.7%17.6%62.0%77.6%62.1%0.4%-1.4%980.3K-65.5M-269.8K0.2411.4010,3512,460137,29635,717