AG Options History — February 2022

In February 2022, AG traded between $9.84 and $12.11. ATM implied volatility averaged 60.9%, placing in the 32.9% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded below realized volatility by 6.5% (HV 20d: 67.3%). Max pain ranged from $10.00 to $11.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.31.

Notable Days

  • 2022-02-18: Highest Volume — 30,113 contracts
  • 2022-02-11: Largest IV spike — 8.1% change
  • 2022-02-28: Highest IV Rank — 51.5%
  • 2022-02-28: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.02$9.84$12.11$10.31$11.21
Max Pain$10.66$10.00$11.50$10.50$11.50
ATM IV60.9%56.0%64.6%56.0%63.9%
Expected Move17.7%16.5%19.1%16.9%19.1%
HV 20d67.3%50.5%76.9%72.3%50.5%
HV 60d54.7%52.0%56.5%53.5%54.2%
IV Rank32.9%13.3%51.5%13.3%51.5%
IV Percentile79.8%57.1%91.3%57.1%91.3%
Term Structure0.1%-1.5%2.8%1.7%-1.0%
VWIV63.1%58.8%67.4%59.7%67.3%
Skew 25d0.1%-2.2%3.0%-0.7%-0.2%
Skew 10d0.8%-11.6%20.6%5.2%-1.4%
Call IV 25d63.2%58.1%67.8%59.9%65.4%
Put IV 25d63.3%59.2%66.8%59.2%65.2%
Bid-Ask Spread %4.002.5710.593.294.37
Gamma HHI0.130.090.190.090.12
Net GEX1.4M831.1K2.0M980.4K1.2M
Net DEX-41.9M-74.0M-17.1M-25.7M-37.4M
Net VEX-431.5K-473.7K-379.9K-401.6K-426.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.190.480.210.29
Total Volume18,922.89512,43330,11316,76117,721
Total OI229,135.579212,226237,511220,965217,003

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-02-01$10.31$10.5056.0%16.9%72.3%13.3%59.7%-0.7%1.7%980.4K-25.7M-401.6K0.213.2913,8572,904170,90250,063
2022-02-02$10.12$10.5059.8%16.7%72.5%26.5%59.4%3.0%-0.8%963.8K-22.8M-392.5K0.293.8510,5213,075176,88750,593
2022-02-03$9.84$10.0058.8%17.8%72.4%27.4%62.6%-0.7%2.8%831.1K-17.1M-379.9K0.434.909,0213,837181,37751,488
2022-02-04$9.90$10.0058.7%17.4%71.4%27.1%62.7%2.5%2.1%940.5K-18.1M-383.1K0.323.4510,0203,188184,30252,377
2022-02-07$10.55$10.0060.5%17.3%75.0%32.0%60.9%0.1%-0.5%1.2M-32.5M-423.0K0.283.7516,7844,768175,39248,882
2022-02-08$10.79$10.0059.1%16.8%75.4%28.2%60.4%1.6%-1.0%1.4M-38.5M-430.9K0.243.8413,4283,288180,89650,256
2022-02-09$10.76$10.0057.3%16.5%74.2%23.5%58.8%0.2%0.3%1.5M-42.0M-444.2K0.4810.599,0434,379182,87551,170
2022-02-10$10.51$10.0058.0%16.9%73.5%25.3%60.0%0.1%1.9%1.3M-31.4M-412.0K0.393.6512,5194,855183,03451,540
2022-02-11$11.21$10.0062.7%18.4%76.9%37.9%64.5%-0.3%1.5%1.7M-51.9M-448.8K0.283.5322,0276,123183,40752,290
2022-02-14$11.38$11.0064.6%18.6%76.5%42.9%67.3%-0.4%-0.3%1.6M-52.3M-454.2K0.252.7012,5943,168178,68948,796
2022-02-15$11.46$11.0060.6%17.4%76.2%32.2%61.8%0.5%0.3%1.8M-53.8M-448.1K0.402.998,8983,535181,26449,418
2022-02-16$11.89$11.0059.6%17.1%63.8%29.6%61.1%2.3%-0.2%2.0M-65.9M-466.4K0.432.578,9393,831181,92450,672
2022-02-17$12.11$11.0062.5%17.9%63.8%37.3%64.3%0.2%-0.5%2.0M-74.0M-473.7K0.194.5522,9614,388183,22252,250
2022-02-18$11.66$11.0061.9%17.8%61.5%35.6%65.3%-1.0%-1.5%1.7M-58.2M-457.7K0.193.4125,3744,739184,93352,578
2022-02-22$11.44$11.0063.7%18.4%57.6%40.4%65.4%-1.9%-0.7%1.2M-42.4M-430.2K0.273.5917,0164,533166,26445,962
2022-02-23$11.61$11.0063.5%18.9%57.6%40.0%67.4%-2.2%-0.6%1.6M-50.0M-453.5K0.262.9615,1653,869174,36847,233
2022-02-24$11.33$11.5064.3%18.7%57.2%42.2%67.0%-0.7%-1.0%1.4M-42.5M-439.9K0.314.5220,6626,505179,32548,194
2022-02-25$11.31$11.5060.8%17.9%51.1%32.7%63.2%-0.4%0.1%1.2M-39.0M-431.7K0.403.5915,7536,247183,70850,042
2022-02-28$11.21$11.5063.9%19.1%50.5%51.5%67.3%-0.2%-1.0%1.2M-37.4M-426.6K0.294.3713,7503,971169,86247,141