AG Options History — April 2021

In April 2021, AG traded between $15.07 and $17.54. ATM implied volatility averaged 60.0%, placing in the 7.7% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 9.4% (HV 20d: 50.6%). Max pain ranged from $13.00 to $16.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2021-04-23: Highest Volume — 39,076 contracts
  • 2021-04-09: Largest IV drop — 18.3% change
  • 2021-04-08: Highest IV Rank — 23.7%
  • 2021-04-29: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.35$15.07$17.54$16.39$15.07
Max Pain$15.86$13.00$16.00$13.00$16.00
ATM IV60.0%56.6%73.2%56.9%57.5%
Expected Move16.9%15.3%17.8%15.3%17.4%
HV 20d50.6%46.0%54.4%47.5%46.0%
HV 60d94.3%53.5%102.7%102.3%53.8%
IV Rank7.7%2.4%23.7%12.3%2.4%
IV Percentile15.9%5.2%62.3%7.1%8.7%
Term Structure1.4%-9.5%17.7%13.0%-1.7%
VWIV61.3%53.7%67.8%53.7%63.3%
Skew 25d-3.3%-18.9%6.2%-3.1%-5.4%
Skew 10d-15.5%-43.0%7.3%-11.0%-18.6%
Call IV 25d64.3%54.4%79.0%59.5%63.5%
Put IV 25d61.0%56.5%77.6%56.5%58.1%
Bid-Ask Spread %7.533.9326.144.9611.75
Gamma HHI0.120.100.200.100.20
Net GEX2.9M838.0K4.5M3.7M838.0K
Net DEX-218.2M-308.3M-140.4M-244.5M-140.4M
Net VEX-1.0M-1.0M-967.2K-1.0M-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.220.790.490.79
Total Volume22,376.8577,94139,07622,14929,385
Total OI383,179.905302,492436,953413,091382,818

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$16.39$13.0056.9%15.3%47.5%12.3%53.7%-3.1%13.0%3.7M-244.5M-1.0M0.494.9614,8327,317319,39593,696
2021-04-05$16.20$16.0057.4%16.5%47.7%12.7%58.4%6.2%4.0%3.5M-230.9M-987.0K0.7514.314,5443,397314,77990,179
2021-04-06$16.96$16.0061.7%17.0%48.5%15.7%61.7%2.4%6.4%4.0M-275.9M-1.0M0.294.0524,4266,964317,99493,161
2021-04-07$16.72$16.0064.5%16.8%46.2%17.6%58.6%-2.1%-4.8%3.7M-258.8M-998.8K0.3026.147,6002,285322,97096,003
2021-04-08$17.54$16.0073.2%16.8%49.0%23.7%58.8%-18.9%17.7%4.5M-308.3M-1.0M0.384.8720,1577,581326,53296,775
2021-04-09$17.34$16.0059.8%16.1%49.2%14.3%57.6%2.6%11.3%4.2M-296.4M-1.0M0.356.7210,0063,485329,00199,507
2021-04-12$16.61$16.0056.6%16.3%51.3%12.1%58.2%5.5%-0.4%3.7M-252.5M-982.3K0.284.6512,4133,483323,09289,948
2021-04-13$16.91$16.0060.8%16.9%50.6%5.0%59.9%0.7%0.9%3.6M-272.1M-993.2K0.293.9314,8964,275326,35291,150
2021-04-14$16.22$16.0059.7%17.0%52.4%4.1%60.6%-2.6%-0.7%3.6M-235.0M-971.9K0.515.2214,2647,275330,61493,206
2021-04-15$16.88$16.0057.6%16.6%53.6%2.5%59.9%-5.9%1.0%4.1M-276.7M-998.8K0.2520.2622,9985,789336,31794,935
2021-04-16$16.59$16.0058.7%16.7%53.1%3.4%59.9%-4.2%-0.5%2.2M-257.9M-986.1K0.514.8519,3909,891339,94297,011
2021-04-19$16.02$16.0059.6%17.0%54.4%4.1%61.2%-4.3%-0.9%2.1M-162.6M-970.9K0.384.8216,6606,282241,09861,394
2021-04-20$15.97$16.0059.9%17.2%54.2%4.3%61.1%-3.1%-2.3%2.1M-161.2M-967.2K0.504.8211,4275,764249,51765,903
2021-04-21$16.57$16.0060.5%17.4%51.8%4.8%64.4%-4.1%1.7%2.6M-187.7M-1.0M0.464.8518,7638,562251,58770,568
2021-04-22$16.16$16.0060.0%17.4%52.1%4.4%63.7%-4.6%-9.5%2.0M-170.5M-1.0M0.765.2512,8589,794258,75773,716
2021-04-23$16.22$16.0059.8%17.2%52.0%4.2%65.1%-5.9%-0.5%2.0M-177.2M-1.0M0.368.5528,71310,363264,37676,922
2021-04-26$15.98$16.0060.0%17.4%52.3%4.4%64.6%-4.6%-1.3%2.6M-176.6M-1.0M0.304.2216,1784,882269,87570,823
2021-04-27$15.65$16.0059.3%17.3%51.8%3.8%66.4%-5.7%-2.2%2.4M-164.0M-1.0M0.344.8214,6545,033279,21374,420
2021-04-28$15.91$16.0058.1%16.8%50.6%2.9%61.6%-6.6%-1.5%2.7M-176.7M-1.0M0.354.9810,5893,695287,23977,167
2021-04-29$15.51$16.0058.2%17.8%48.6%3.0%67.8%-5.0%-0.5%1.9M-156.9M-1.0M0.224.0823,8425,202290,45578,371
2021-04-30$15.07$16.0057.5%17.4%46.0%2.4%63.3%-5.4%-1.7%838.0K-140.4M-1.0M0.7911.7516,45512,930302,47480,344