AG Options History — January 2022

In January 2022, AG traded between $9.41 and $11.89. ATM implied volatility averaged 56.6%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 4.3% (HV 20d: 52.3%). Max pain ranged from $10.00 to $11.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2022-01-19: Highest Volume — 87,222 contracts
  • 2022-01-24: Largest IV spike — 12.1% change
  • 2022-01-24: Highest IV Rank — 12.3%
  • 2022-01-24: Largest Expected Move — 19.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.63$9.41$11.89$10.92$10.12
Max Pain$10.85$10.00$11.00$10.00$11.00
ATM IV56.6%51.6%65.0%51.9%59.7%
Expected Move16.5%14.3%19.2%14.3%17.6%
HV 20d52.3%39.4%72.2%41.7%72.2%
HV 60d44.1%38.5%53.3%40.3%53.3%
IV Rank6.0%2.3%12.3%2.5%8.3%
IV Percentile49.7%12.7%84.5%16.3%73.8%
Term Structure0.1%-2.5%2.7%0.6%0.8%
VWIV59.5%50.7%69.4%53.0%63.2%
Skew 25d-1.1%-7.5%2.8%-1.1%2.8%
Skew 10d-4.1%-14.3%2.0%-2.4%2.0%
Call IV 25d59.5%53.1%69.6%55.6%60.7%
Put IV 25d58.4%53.5%65.0%54.6%63.6%
Bid-Ask Spread %4.632.1725.982.172.98
Gamma HHI0.180.080.460.210.09
Net GEX1.3M67.4K3.3M1.4M800.6K
Net DEX-30.5M-87.1M-6.6M-33.9M-20.5M
Net VEX-408.2K-466.7K-362.7K-428.7K-389.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.100.800.570.32
Total Volume24,427.311,48787,22211,57916,529
Total OI330,507.65207,978408,044359,889217,462

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-01-03$10.92$10.0051.9%14.3%41.7%2.5%53.0%-1.1%0.6%1.4M-33.9M-428.7K0.572.177,3824,197288,61671,273
2022-01-04$10.98$10.0051.9%14.3%41.2%2.5%50.7%0.1%-0.2%1.4M-34.6M-421.6K0.432.628,8823,838290,48972,918
2022-01-05$10.67$10.0053.2%14.7%40.9%3.5%53.8%0.9%-2.5%1.3M-27.6M-420.2K0.492.808,9334,344291,91774,171
2022-01-06$10.27$11.0053.3%15.8%42.5%3.5%57.1%-1.2%0.6%1.1M-17.5M-391.9K0.5225.987,5733,914294,23974,945
2022-01-07$10.32$11.0053.9%16.2%39.7%4.0%57.8%0.2%0.1%985.9K-12.4M-382.5K0.803.0410,5588,485296,37175,756
2022-01-10$10.39$11.0055.3%16.4%39.4%5.0%58.4%1.1%2.1%1.1M-17.5M-387.9K0.633.439,8356,157291,48573,165
2022-01-11$10.80$11.0051.7%15.5%41.9%2.3%56.1%0.7%2.3%1.4M-31.2M-409.0K0.383.0010,1223,803295,75475,117
2022-01-12$11.17$11.0052.0%15.3%42.0%2.6%54.8%1.1%0.8%1.8M-46.4M-428.5K0.254.0410,7402,722298,25976,359
2022-01-13$10.94$11.0051.6%15.3%42.9%2.3%54.6%-1.1%1.8%1.6M-36.8M-408.1K0.333.8312,1063,958300,94676,633
2022-01-14$10.69$11.0052.4%15.5%41.5%2.9%55.3%1.2%2.7%1.4M-24.8M-389.1K0.464.1613,2656,115303,53577,957
2022-01-18$10.53$11.0055.8%16.0%41.8%5.4%57.2%-1.5%-1.7%1.1M-22.9M-377.8K0.243.1419,6794,706297,01474,053
2022-01-19$11.89$11.0059.8%17.1%60.4%8.4%63.5%-7.5%-1.5%2.9M-87.1M-466.7K0.103.4979,3217,901309,24775,661
2022-01-20$11.69$11.0056.3%16.2%60.1%5.7%58.1%-4.3%-1.8%3.3M-73.0M-461.9K0.263.0045,96511,932325,73077,934
2022-01-21$11.02$11.0058.0%16.6%63.4%7.0%59.9%-1.6%-1.0%67.4K-38.7M-429.0K0.293.7126,1307,606326,99281,052
2022-01-24$10.38$11.0065.0%19.2%66.4%12.3%69.4%-4.5%-1.7%687.4K-20.3M-402.1K0.304.1623,0886,926160,58147,397
2022-01-25$10.54$11.0063.4%19.0%66.8%11.0%66.5%-3.0%0.0%964.4K-26.4M-417.9K0.164.1019,8523,176169,31049,611
2022-01-26$10.23$11.0061.5%18.2%67.4%9.7%65.4%-1.6%0.6%910.3K-22.8M-420.7K0.165.3518,2152,886175,79350,583
2022-01-27$9.59$11.0063.1%18.4%67.4%10.8%68.3%-0.9%0.4%472.5K-8.3M-367.8K0.293.9523,5936,809180,37051,332
2022-01-28$9.41$11.0061.5%18.2%66.4%9.7%66.1%-1.5%-0.8%574.1K-6.6M-362.7K0.253.7013,8133,490187,11353,013
2022-01-31$10.12$11.0059.7%17.6%72.2%8.3%63.2%2.8%0.8%800.6K-20.5M-389.6K0.322.9812,5004,029168,31249,150