AG Options History — April 2022

In April 2022, AG traded between $10.35 and $14.24. ATM implied volatility averaged 59.1%, placing in the 37.0% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 17.8% (HV 20d: 41.3%). Max pain ranged from $12.00 to $13.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2022-04-19: Highest Volume — 44,528 contracts
  • 2022-04-11: Largest IV spike — 6.4% change
  • 2022-04-27: Highest IV Rank — 66.6%
  • 2022-04-27: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.63$10.35$14.24$13.55$10.35
Max Pain$12.95$12.00$13.00$13.00$12.00
ATM IV59.1%53.2%67.5%53.2%64.9%
Expected Move17.2%15.8%20.3%16.0%19.3%
HV 20d41.3%30.7%51.2%44.0%51.2%
HV 60d53.8%50.2%57.3%57.2%51.0%
IV Rank37.0%16.4%66.6%16.4%57.5%
IV Percentile71.1%32.5%96.8%32.5%93.7%
Term Structure-1.0%-3.9%3.3%3.3%-1.8%
VWIV61.9%56.8%72.0%58.4%68.8%
Skew 25d-1.2%-4.1%1.9%-1.0%1.5%
Skew 10d-1.4%-6.5%5.9%-2.5%5.9%
Call IV 25d61.4%54.3%69.7%54.5%67.2%
Put IV 25d60.2%53.5%68.8%53.5%68.7%
Bid-Ask Spread %3.302.714.022.983.66
Gamma HHI0.120.090.200.120.09
Net GEX1.5M551.3K3.8M2.4M596.6K
Net DEX-57.0M-112.5M-7.7M-83.9M-10.0M
Net VEX-541.7K-603.4K-450.5K-577.5K-470.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.150.810.340.36
Total Volume24,439.510,72844,52820,11318,713
Total OI264,322.55217,387293,235272,519275,565

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$13.55$13.0053.2%16.0%44.0%16.4%58.4%-1.0%3.3%2.4M-83.9M-577.5K0.342.9815,0465,067207,41965,100
2022-04-04$13.48$13.0054.4%15.9%43.9%20.3%56.8%-1.5%0.7%2.0M-79.1M-567.2K0.612.809,1445,562201,01961,336
2022-04-05$12.95$13.0054.2%16.0%44.5%19.8%57.5%-2.0%1.2%1.5M-61.7M-545.3K0.293.2416,5584,870204,29564,695
2022-04-06$12.97$13.0055.9%15.9%43.8%25.8%57.6%-1.8%0.2%1.4M-60.1M-545.7K0.333.3210,0283,259208,25467,118
2022-04-07$13.18$13.0054.4%15.8%35.0%20.6%58.9%-1.5%1.4%1.6M-67.6M-559.1K0.403.657,6453,083211,12267,628
2022-04-08$13.51$13.0055.5%15.8%35.3%24.5%59.0%-0.5%0.3%1.7M-80.2M-570.3K0.333.0818,9916,348212,58367,907
2022-04-11$13.51$13.0059.1%16.5%32.1%36.9%58.8%-1.9%-3.9%2.0M-80.2M-565.7K0.153.4229,7394,567206,60263,494
2022-04-12$13.71$13.0058.9%16.6%30.7%36.4%64.2%-4.1%-1.1%2.6M-90.4M-580.9K0.202.7124,0674,715217,72965,400
2022-04-13$14.24$13.0057.0%16.1%32.9%29.7%58.1%1.9%-0.9%3.8M-112.5M-599.1K0.213.0426,9055,566225,06066,435
2022-04-14$14.24$13.0056.2%16.0%30.7%26.7%56.8%-2.8%-1.5%1.9M-110.6M-603.4K0.273.1221,5345,768225,86467,371
2022-04-18$13.92$13.0057.2%16.5%31.5%30.5%59.0%-2.5%-0.5%1.8M-78.1M-581.3K0.203.7827,7815,455165,85151,536
2022-04-19$12.98$13.0057.3%16.4%39.7%30.6%60.1%-3.0%-2.5%1.3M-53.7M-560.3K0.153.3838,7775,751181,35454,702
2022-04-20$13.09$13.0057.6%16.5%39.7%31.8%59.1%-1.1%-1.2%1.3M-57.2M-575.6K0.403.6715,1516,047188,17557,687
2022-04-21$12.29$13.0058.7%16.8%44.8%35.5%61.2%-0.2%0.4%912.6K-36.4M-534.7K0.374.0220,0087,438191,29260,156
2022-04-22$11.74$13.0061.9%18.0%46.9%47.0%63.2%-1.1%-3.1%722.5K-23.6M-514.7K0.363.4215,7815,658196,35163,435
2022-04-25$11.17$13.0065.4%19.1%49.1%59.1%68.5%-0.5%-2.9%661.1K-20.0M-484.6K0.723.4017,90412,906186,47857,566
2022-04-26$10.65$13.0067.0%20.2%49.8%64.9%72.0%-0.6%-1.7%615.3K-12.1M-468.2K0.812.8612,86610,402191,76763,500
2022-04-27$10.43$13.0067.5%20.3%49.3%66.6%71.2%-0.8%-3.3%551.3K-7.7M-450.5K0.212.8115,0723,092194,36964,594
2022-04-28$10.67$13.0065.6%19.5%50.8%60.0%68.7%0.2%-2.3%765.0K-14.4M-479.4K0.403.5715,3256,201200,95564,687
2022-04-29$10.35$12.0064.9%19.3%51.2%57.5%68.8%1.5%-1.8%596.6K-10.0M-470.9K0.363.6613,7384,975208,21167,354