AG Options History — September 2019

In September 2019, AG traded between $9.09 and $11.28. ATM implied volatility averaged 58.2%, placing in the 65.1% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 4.0% (HV 20d: 54.2%). Max pain ranged from $8.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.29.

Notable Days

  • 2019-09-20: Highest Volume — 16,867 contracts
  • 2019-09-18: Largest IV drop — 6.8% change
  • 2019-09-03: Highest IV Rank — 81.3%
  • 2019-09-03: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.01$9.09$11.28$11.28$9.09
Max Pain$8.15$8.00$10.00$9.00$8.00
ATM IV58.2%54.4%62.2%62.2%59.1%
Expected Move16.5%15.5%17.8%17.8%16.5%
HV 20d54.2%47.6%57.0%47.9%56.3%
HV 60d56.1%52.6%58.1%52.8%57.0%
IV Rank65.1%49.9%81.3%81.3%68.9%
IV Percentile82.3%67.9%95.2%95.2%87.3%
Term Structure0.3%-4.0%4.5%-1.1%3.4%
VWIV58.4%54.5%61.7%61.7%56.8%
Skew 25d-1.8%-4.6%1.1%-0.8%-4.6%
Skew 10d-1.3%-21.4%16.4%-0.3%-8.9%
Call IV 25d60.4%55.3%65.4%64.1%64.0%
Put IV 25d58.5%53.4%64.0%63.3%59.4%
Bid-Ask Spread %12.829.1016.3114.6015.51
Gamma HHI0.190.130.350.160.16
Net GEX1.1M727.4K1.6M1.2M842.8K
Net DEX-70.6M-101.6M-49.3M-101.6M-49.3M
Net VEX-298.6K-319.6K-277.1K-317.7K-277.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.091.200.110.29
Total Volume8,477.753,61416,86713,50312,790
Total OI196,781.25182,799208,385184,866195,979

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-09-03$11.28$9.0062.2%17.8%47.9%81.3%61.7%-0.8%-1.1%1.2M-101.6M-317.7K0.1114.6012,1231,380144,05240,814
2019-09-04$11.28$10.0061.2%17.1%47.6%77.0%61.3%-1.5%-0.7%1.3M-101.5M-319.6K0.1915.095,5471,065146,58541,420
2019-09-05$10.32$8.0061.5%17.2%55.3%78.6%61.5%-3.0%-1.2%1.1M-77.0M-307.1K0.1814.0011,7182,082147,95842,034
2019-09-06$9.89$8.0059.0%16.2%55.9%68.5%58.4%-4.6%1.1%1.0M-67.1M-296.9K0.2310.776,1681,403152,18242,912
2019-09-09$9.76$8.0060.5%17.2%56.0%74.2%60.8%-1.3%-1.2%1.0M-63.8M-293.6K0.1413.1611,2051,566149,24742,207
2019-09-10$9.78$8.0059.4%16.8%56.1%70.0%61.4%-2.6%-1.2%1.1M-66.0M-299.5K0.2312.004,364991152,78242,980
2019-09-11$9.93$8.0058.1%16.4%55.0%64.7%59.5%-3.7%-1.0%1.1M-70.0M-301.7K0.3914.164,0201,567152,58843,183
2019-09-12$9.78$8.0058.9%16.4%55.1%67.8%59.2%-2.2%-2.2%1.1M-65.8M-294.2K0.2516.315,9951,498153,75343,595
2019-09-13$9.36$8.0057.6%16.6%57.0%62.7%60.0%-4.4%0.4%947.9K-55.1M-283.8K0.3110.585,6491,744156,96844,293
2019-09-16$9.62$8.0058.2%16.7%56.6%65.2%57.9%0.1%-1.0%1.0M-61.5M-290.6K0.2710.104,7291,283153,43643,229
2019-09-17$9.78$8.0060.6%17.3%56.7%74.7%60.6%0.3%-4.0%1.1M-65.7M-295.0K0.149.573,399459155,70043,558
2019-09-18$9.68$8.0056.4%16.2%53.8%58.0%57.3%1.1%1.8%1.1M-61.5M-285.8K0.2515.284,3081,088156,33743,639
2019-09-19$9.90$8.0055.1%15.7%54.6%52.5%54.5%-2.1%2.0%1.3M-68.6M-295.0K0.1210.066,673795157,56643,620
2019-09-20$10.07$8.0054.4%15.5%54.9%49.9%55.5%-1.9%2.6%1.6M-73.9M-296.9K0.589.4810,6936,174158,29543,926
2019-09-23$10.55$8.0055.2%15.7%52.3%52.9%54.8%-0.9%2.0%1.2M-81.0M-300.6K0.1513.508,4961,271142,67140,128
2019-09-24$10.56$8.0055.4%16.3%52.2%53.7%56.5%-0.4%2.2%1.4M-86.6M-310.8K0.4113.765,0972,075153,65346,401
2019-09-25$9.99$8.0058.1%16.5%54.2%64.6%57.1%-0.6%-1.8%945.6K-68.8M-302.9K0.2213.786,9081,514155,07947,504
2019-09-26$9.94$8.0056.3%15.8%54.1%57.4%55.5%-2.2%4.5%727.4K-68.4M-305.2K0.099.103,308306158,49848,468
2019-09-27$9.65$8.0056.8%16.3%53.2%59.4%57.1%-1.6%0.6%976.9K-59.2M-297.1K1.2015.643,6784,426159,84748,538
2019-09-30$9.09$8.0059.1%16.5%56.3%68.9%56.8%-4.6%3.4%842.8K-49.3M-277.1K0.2915.519,9132,877151,32744,652