AG Options History — September 2021

In September 2021, AG traded between $11.10 and $13.18. ATM implied volatility averaged 52.5%, placing in the 2.9% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 9.7% (HV 20d: 42.8%). Max pain ranged from $13.00 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.33.

Notable Days

  • 2021-09-03: Highest Volume — 35,091 contracts
  • 2021-09-20: Largest IV spike — 11.1% change
  • 2021-09-20: Highest IV Rank — 8.3%
  • 2021-09-20: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.27$11.10$13.18$12.82$11.34
Max Pain$13.57$13.00$15.00$13.00$13.00
ATM IV52.5%48.6%59.8%48.9%54.3%
Expected Move15.1%13.5%17.4%13.5%15.5%
HV 20d42.8%38.3%46.0%45.1%41.9%
HV 60d42.4%40.0%43.6%43.6%43.5%
IV Rank2.9%0.0%8.3%0.0%4.3%
IV Percentile12.4%0.0%51.2%0.4%22.2%
Term Structure1.0%-2.0%4.8%0.6%2.9%
VWIV55.6%48.7%62.8%48.7%56.0%
Skew 25d-2.4%-5.3%-0.0%-2.7%-1.5%
Skew 10d-6.4%-13.3%5.3%-7.4%-2.5%
Call IV 25d56.4%51.3%64.7%52.4%56.6%
Put IV 25d54.0%49.7%61.9%49.7%55.2%
Bid-Ask Spread %5.252.3824.993.192.94
Gamma HHI0.100.080.120.110.12
Net GEX1.7M795.4K3.2M2.3M795.4K
Net DEX-65.1M-103.9M-27.5M-81.8M-33.5M
Net VEX-694.3K-796.0K-586.4K-748.9K-595.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.120.910.270.40
Total Volume16,481.0957,57035,0919,66014,053
Total OI394,808.857375,989410,960384,276409,999

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-09-01$12.82$13.0048.9%13.5%45.1%0.0%48.7%-2.7%0.6%2.3M-81.8M-748.9K0.273.197,6032,057303,83680,440
2021-09-02$12.78$15.0048.6%14.5%45.0%0.0%56.4%-0.9%0.9%2.4M-81.5M-747.6K0.268.496,0111,559307,32380,693
2021-09-03$13.18$14.0051.5%15.1%46.0%2.2%57.8%-3.2%-0.2%3.2M-103.9M-796.0K0.122.9331,3043,787309,98081,533
2021-09-07$12.69$14.0052.0%15.2%44.9%2.6%55.3%-3.1%1.0%1.8M-78.7M-735.4K0.322.659,4333,050300,02479,058
2021-09-08$12.51$14.0050.9%15.0%45.1%1.7%54.8%-1.8%1.8%1.8M-71.9M-734.4K0.3514.045,8792,048309,20980,066
2021-09-09$12.47$14.0050.7%14.8%43.4%1.6%55.9%-1.5%0.8%1.6M-69.2M-704.2K0.232.787,5661,747312,32081,571
2021-09-10$12.24$14.0050.9%14.3%41.6%1.8%56.4%-2.6%-2.0%1.4M-59.8M-700.6K0.3413.9010,5923,614314,19382,993
2021-09-13$12.68$14.0052.1%15.0%42.9%2.6%55.1%-5.3%3.1%1.8M-78.1M-714.9K0.352.9514,8525,177305,88381,136
2021-09-14$12.88$14.0051.6%14.8%43.0%2.3%55.3%-4.3%-0.1%2.1M-85.7M-737.3K0.343.2312,8624,390310,07682,819
2021-09-15$12.78$14.0051.2%14.7%39.6%2.0%52.2%-3.7%-0.4%2.1M-80.8M-708.3K0.2924.998,5402,484314,36983,527
2021-09-16$12.07$14.0052.3%15.0%45.0%2.8%55.2%-3.3%-0.8%1.4M-55.6M-678.0K0.192.7325,1774,690320,68084,672
2021-09-17$12.26$14.0053.8%15.5%43.9%3.9%56.9%-2.6%-1.1%1.5M-61.4M-691.9K0.372.4410,3103,787322,67885,291
2021-09-20$11.91$13.0059.8%17.4%45.1%8.3%62.8%-2.9%0.7%1.6M-59.9M-684.6K0.233.3012,8163,001303,32572,664
2021-09-21$12.22$13.0056.5%15.9%41.6%5.9%59.3%-1.4%0.5%1.7M-67.7M-705.8K0.243.2718,7794,598305,71576,730
2021-09-22$12.32$13.0054.1%15.6%41.7%4.1%56.9%-2.4%1.3%2.0M-72.1M-716.4K0.413.4013,4035,528313,41478,196
2021-09-23$11.94$13.0050.8%14.5%42.6%1.6%52.9%-2.3%0.6%1.4M-54.3M-666.7K0.432.3811,1954,809324,13380,729
2021-09-24$11.85$13.0051.0%14.9%42.5%1.8%52.8%-0.8%2.2%1.3M-46.4M-657.3K0.912.789,4128,603327,29883,662
2021-09-27$11.89$13.0052.6%14.7%38.3%3.0%53.2%-2.6%1.2%1.4M-52.4M-646.5K0.182.5910,1521,868315,65778,156
2021-09-28$11.68$13.0054.2%15.7%38.4%4.2%56.3%-0.0%4.8%1.1M-45.7M-623.7K0.432.647,9083,400319,47881,476
2021-09-29$11.10$13.0055.3%15.5%40.6%5.0%57.4%-1.1%2.7%888.0K-27.5M-586.4K0.292.6921,7296,330323,60582,379
2021-09-30$11.34$13.0054.3%15.5%41.9%4.3%56.0%-1.5%2.9%795.4K-33.5M-595.3K0.402.9410,0364,017326,58483,415