AG Options History — May 2022

In May 2022, AG traded between $7.39 and $10.62. ATM implied volatility averaged 67.3%, placing in the 55.9% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded below realized volatility by 2.0% (HV 20d: 69.3%). Max pain ranged from $9.00 to $12.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.45.

Notable Days

  • 2022-05-12: Highest Volume — 34,544 contracts
  • 2022-05-12: Largest IV spike — 18.1% change
  • 2022-05-12: Highest IV Rank — 100.0%
  • 2022-05-12: Largest Expected Move — 23.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.64$7.39$10.62$10.11$7.98
Max Pain$10.07$9.00$12.00$12.00$9.00
ATM IV67.3%57.0%86.1%66.5%60.1%
Expected Move19.6%16.5%23.2%21.1%18.2%
HV 20d69.3%49.7%81.1%49.7%79.6%
HV 60d58.0%49.7%63.1%50.9%60.4%
IV Rank55.9%22.6%100.0%62.9%30.8%
IV Percentile91.4%65.1%100.0%95.6%76.6%
Term Structure-1.9%-15.1%1.2%-0.1%-2.2%
VWIV71.8%63.0%84.1%75.1%69.8%
Skew 25d0.1%-2.3%2.1%-0.6%1.7%
Skew 10d-0.9%-5.9%7.0%0.7%-1.4%
Call IV 25d69.5%60.5%84.1%68.4%60.7%
Put IV 25d69.6%59.1%83.4%67.9%62.4%
Bid-Ask Spread %4.042.5112.833.418.03
Gamma HHI0.090.080.140.080.09
Net GEX562.3K233.3K908.4K570.6K500.2K
Net DEX-3.4M-20.8M14.8M-10.3M-4.1M
Net VEX-416.5K-502.4K-324.1K-464.9K-393.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.140.800.390.39
Total Volume20,410.8110,80334,54421,01023,577
Total OI288,748.524256,948319,731256,948294,960

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$10.11$12.0066.5%21.1%49.7%62.9%75.1%-0.6%-0.1%570.6K-10.3M-464.9K0.393.4115,1265,884192,22964,719
2022-05-03$10.37$12.0065.1%19.8%51.6%58.3%70.7%0.3%-0.8%701.6K-16.6M-487.9K0.652.996,5284,275198,03066,484
2022-05-04$10.62$11.5062.8%19.3%52.1%50.2%68.4%1.2%-1.1%822.3K-20.8M-502.4K0.533.558,6684,577200,24266,833
2022-05-05$9.81$11.0064.8%18.6%57.4%57.0%67.9%1.3%-0.5%517.3K-6.0M-449.6K0.283.5015,4714,379204,79967,479
2022-05-06$9.49$11.0064.0%18.3%56.7%54.2%69.0%0.3%-1.6%411.6K-468.1K-432.4K0.503.3613,1296,589208,18768,279
2022-05-09$8.56$11.0069.5%19.8%62.2%73.7%73.5%-1.1%-0.6%351.4K6.8M-379.9K0.393.0021,9698,571201,54666,282
2022-05-10$8.33$11.0071.5%20.2%61.7%80.6%76.2%-0.3%-0.9%336.3K9.0M-368.9K0.603.0015,8569,517210,91770,091
2022-05-11$8.21$11.0073.0%20.9%60.1%85.7%76.5%-0.4%0.1%332.2K8.3M-378.1K0.403.8514,4735,795216,04573,459
2022-05-12$7.39$10.0086.1%23.2%61.5%100.0%84.1%-0.8%-15.1%233.3K14.8M-324.1K0.573.5622,02612,518222,22073,881
2022-05-13$8.15$10.0071.5%20.5%76.4%61.1%73.8%2.0%-0.7%398.6K4.1M-391.9K0.473.7914,9897,119230,12774,829
2022-05-16$8.11$10.0072.5%20.8%76.8%63.6%76.1%0.9%-2.2%451.9K1.2M-400.2K0.283.0715,1354,182221,95372,938
2022-05-17$8.30$10.0066.8%19.1%77.0%48.4%67.9%2.1%-0.9%519.6K-132.2K-406.8K0.383.849,8253,700230,03373,256
2022-05-18$7.89$9.0069.6%19.9%76.8%55.9%70.0%0.9%-3.8%464.2K2.2M-396.0K0.383.039,2053,462234,22572,203
2022-05-19$8.38$9.0069.6%20.1%81.1%55.9%74.5%-2.3%-5.5%755.5K-5.7M-420.6K0.143.0326,7803,860239,18872,453
2022-05-20$8.30$9.0067.7%19.7%80.5%50.9%71.4%-1.1%-2.6%820.0K-6.1M-425.4K0.603.8713,6538,125246,79872,933
2022-05-23$8.27$9.0065.4%19.3%79.7%44.9%71.6%-0.5%-1.2%600.4K-8.6M-414.9K0.273.7816,4754,410215,19064,403
2022-05-24$8.26$9.0065.1%19.5%78.9%44.0%72.3%0.0%-1.0%685.3K-10.3M-433.6K0.512.9511,0735,614221,21765,641
2022-05-25$8.15$9.0064.4%19.2%78.8%42.2%69.2%0.2%-1.0%680.4K-8.0M-415.6K0.4612.8311,2265,178225,08366,113
2022-05-26$8.31$9.0060.2%17.6%78.6%30.9%66.6%-0.2%1.2%747.5K-9.1M-423.2K0.803.7910,4808,410228,01566,855
2022-05-27$8.37$9.0057.0%16.5%78.6%22.6%63.0%-1.4%-0.1%908.4K-10.9M-436.3K0.362.5112,3804,418232,99170,593
2022-05-31$7.98$9.0060.1%18.2%79.6%30.8%69.8%1.7%-2.2%500.2K-4.1M-393.1K0.398.0316,9466,631226,92168,039