AG Options History — July 2021

In July 2021, AG traded between $12.48 and $15.70. ATM implied volatility averaged 54.5%, placing in the 3.2% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 13.5% (HV 20d: 41.0%). Max pain ranged from $14.00 to $16.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.34.

Notable Days

  • 2021-07-08: Highest Volume — 36,193 contracts
  • 2021-07-19: Largest IV spike — 11.4% change
  • 2021-07-19: Highest IV Rank — 6.5%
  • 2021-07-19: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.83$12.48$15.70$15.64$13.64
Max Pain$14.71$14.00$16.00$15.00$14.00
ATM IV54.5%50.3%58.9%51.2%54.6%
Expected Move15.6%13.0%16.9%13.3%15.8%
HV 20d41.0%34.0%45.7%41.3%45.5%
HV 60d49.4%48.1%50.8%50.3%48.1%
IV Rank3.2%0.0%6.5%0.5%3.3%
IV Percentile11.5%0.0%31.3%0.4%11.5%
Term Structure1.0%-0.4%3.7%3.0%-0.3%
VWIV59.5%51.1%66.2%54.5%57.6%
Skew 25d-5.8%-8.7%-3.6%-7.7%-3.8%
Skew 10d-16.4%-26.0%-7.1%-20.2%-9.7%
Call IV 25d60.9%56.3%64.3%58.4%59.8%
Put IV 25d55.1%49.2%60.3%50.6%56.0%
Bid-Ask Spread %6.263.3123.104.498.53
Gamma HHI0.090.070.130.110.08
Net GEX2.1M1.4M2.9M2.7M2.4M
Net DEX-96.9M-165.0M-55.7M-159.6M-101.6M
Net VEX-887.1K-1.0M-793.3K-999.1K-876.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.150.540.450.34
Total Volume21,932.1437,11836,19319,97113,254
Total OI413,875.524358,305483,118438,401379,103

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-07-01$15.64$15.0051.2%13.3%41.3%0.5%54.5%-7.7%3.0%2.7M-159.6M-999.1K0.454.4913,8106,161347,22091,181
2021-07-02$15.70$15.0050.3%13.0%41.4%0.0%51.1%-8.1%3.7%2.9M-165.0M-1.0M0.433.4118,9758,229351,06191,947
2021-07-06$15.31$16.0055.3%15.7%41.7%3.8%57.7%-8.7%0.2%2.5M-145.8M-975.1K0.543.3115,4658,398340,30586,836
2021-07-07$14.99$16.0053.8%16.0%41.9%2.7%59.0%-8.2%0.2%1.9M-128.4M-934.5K0.494.0721,36210,463346,19589,105
2021-07-08$14.31$16.0057.0%16.3%43.6%5.1%61.8%-7.0%-0.1%2.0M-100.4M-900.8K0.354.8426,8149,379354,89190,965
2021-07-09$14.59$15.0054.0%15.8%40.5%2.8%59.4%-7.3%0.3%2.5M-114.5M-948.7K0.275.3528,4337,684368,01795,649
2021-07-12$14.12$15.0054.5%15.5%41.0%3.2%60.1%-6.0%-0.4%1.8M-98.7M-903.2K0.423.8813,7735,842356,36990,763
2021-07-13$14.06$15.0052.8%15.6%39.4%1.9%60.0%-5.6%1.6%1.9M-97.9M-910.1K0.515.8416,7008,593362,24392,329
2021-07-14$14.07$15.0052.3%15.6%39.7%1.5%66.2%-5.6%2.1%1.7M-96.8M-908.1K0.3411.1220,3476,904368,46495,287
2021-07-15$13.90$15.0051.7%15.3%39.7%1.1%56.2%-3.7%2.1%2.1M-91.2M-900.1K0.336.2720,1376,675378,13196,710
2021-07-16$12.97$15.0052.8%15.6%34.0%1.9%57.9%-3.6%2.8%2.2M-55.7M-817.8K0.475.2224,25211,295385,42097,698
2021-07-19$12.48$15.0058.9%16.9%35.2%6.5%63.5%-4.1%1.3%1.4M-56.4M-793.3K0.335.5117,7995,880283,04275,263
2021-07-20$12.52$14.0055.6%16.0%35.7%4.0%62.3%-5.6%0.9%1.6M-57.6M-796.6K0.224.0712,2922,729290,45976,828
2021-07-21$13.14$14.0054.7%15.7%41.6%3.4%58.9%-5.3%1.3%2.2M-81.5M-870.0K0.194.6515,0762,815296,34977,608
2021-07-22$12.97$14.0055.1%15.8%41.6%3.6%60.8%-5.2%0.9%2.2M-74.2M-843.8K0.338.497,6592,533301,40778,791
2021-07-23$12.85$14.0054.5%15.6%41.3%3.2%60.8%-4.8%0.1%1.8M-66.4M-831.7K0.455.388,8713,997305,19679,934
2021-07-26$13.12$14.0055.9%16.2%42.7%4.2%62.1%-4.8%0.5%1.9M-79.3M-838.7K0.155.0312,1911,800286,47574,838
2021-07-27$12.89$14.0057.1%16.4%42.8%5.1%60.0%-4.7%0.3%1.8M-72.2M-830.3K0.194.035,9801,138287,70676,422
2021-07-28$13.36$14.0057.5%16.3%45.7%5.5%61.8%-5.0%-0.4%2.3M-87.9M-860.3K0.214.899,3871,991293,55177,301
2021-07-29$13.72$14.0055.5%15.5%45.5%4.0%58.5%-6.6%1.0%2.7M-104.4M-886.8K0.1623.1022,0013,491296,52477,803
2021-07-30$13.64$14.0054.6%15.8%45.5%3.3%57.6%-3.8%-0.3%2.4M-101.6M-876.9K0.348.539,8933,361300,59378,510