AG Options History — July 2022

In July 2022, AG traded between $6.49 and $7.68. ATM implied volatility averaged 68.9%, placing in the 54.2% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 6.3% (HV 20d: 62.7%). Max pain ranged from $7.00 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2022-07-05: Highest Volume — 29,556 contracts
  • 2022-07-05: Largest IV spike — 9.7% change
  • 2022-07-14: Highest IV Rank — 66.8%
  • 2022-07-14: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.01$6.49$7.68$7.47$7.68
Max Pain$7.28$7.00$8.00$8.00$7.00
ATM IV68.9%63.3%73.7%63.3%65.4%
Expected Move19.9%17.6%21.3%17.6%19.7%
HV 20d62.7%54.5%72.3%64.4%59.9%
HV 60d70.0%68.6%71.0%68.7%71.0%
IV Rank54.2%39.1%66.8%39.1%44.7%
IV Percentile90.6%79.8%98.8%79.8%79.8%
Term Structure0.3%-2.4%7.1%-1.2%-1.4%
VWIV73.9%63.0%81.2%63.0%69.0%
Skew 25d0.6%-2.9%3.8%1.0%2.1%
Skew 10d1.3%-6.0%7.1%-1.4%1.2%
Call IV 25d71.8%64.7%80.3%64.7%67.9%
Put IV 25d72.4%65.7%78.9%65.7%69.9%
Bid-Ask Spread %3.402.524.972.542.84
Gamma HHI0.090.080.120.100.08
Net GEX325.3K139.4K573.0K487.3K489.6K
Net DEX-2.9M-18.6M5.4M-584.7K-18.6M
Net VEX-325.5K-366.8K-291.7K-348.3K-366.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.190.950.240.21
Total Volume16,313.27,52529,55621,77018,389
Total OI291,106.3243,109333,232319,344270,982

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$7.47$8.0063.3%17.6%64.4%39.1%63.0%1.0%-1.2%487.3K-584.7K-348.3K0.242.5417,5964,174249,58769,757
2022-07-05$6.87$8.0069.4%20.1%69.4%55.4%77.7%0.0%0.5%223.9K5.4M-299.5K0.524.9719,47710,079245,37466,962
2022-07-06$6.86$8.0071.5%20.8%69.5%60.9%81.1%3.3%0.1%270.1K2.1M-328.2K0.643.6215,4769,890252,12870,061
2022-07-07$7.17$8.0070.3%19.9%72.3%57.8%76.3%2.8%0.8%380.9K-3.3M-348.5K0.683.6712,9088,821256,19671,155
2022-07-08$7.11$7.0069.3%20.0%72.1%55.3%81.2%3.8%2.1%323.4K-2.3M-343.5K0.893.498,1867,275257,65871,831
2022-07-11$6.89$7.0068.4%20.7%71.3%52.8%74.6%0.3%7.1%261.5K1.0M-322.3K0.893.377,1276,328253,40869,300
2022-07-12$6.79$7.0070.4%20.6%66.8%58.2%76.1%2.2%1.5%218.0K2.1M-310.9K0.603.5110,4966,258255,82568,801
2022-07-13$7.14$7.0070.9%20.6%60.5%59.4%75.8%-1.7%0.8%298.6K-4.0M-342.8K0.273.4514,7963,989259,08269,192
2022-07-14$6.90$7.0073.7%21.3%60.6%66.8%77.2%-1.4%1.0%139.4K1.4M-314.5K0.233.9216,1373,771260,30470,162
2022-07-15$6.88$7.0072.7%20.6%58.6%64.4%78.0%1.2%-1.5%234.7K1.3M-314.1K0.382.529,7923,756263,00370,229
2022-07-18$7.06$7.0070.3%20.1%59.7%57.7%77.5%-1.8%0.3%374.1K-6.8M-323.6K0.323.679,0412,865184,20658,903
2022-07-19$7.15$7.5067.4%19.1%60.0%50.1%72.3%-0.6%0.6%426.6K-7.9M-330.6K0.953.445,0754,819187,89659,618
2022-07-20$7.04$7.5066.9%19.2%59.0%48.9%68.8%-2.9%0.5%373.4K-5.2M-318.9K0.812.986,0514,882188,98762,348
2022-07-21$6.72$7.5067.5%19.4%60.0%50.4%69.8%-0.1%0.2%259.6K-212.7K-302.6K0.603.2210,1656,057190,07264,682
2022-07-22$6.66$7.0067.9%19.7%59.3%51.5%71.2%-0.5%-1.4%252.7K804.9K-294.9K0.443.0510,6014,675193,12666,656
2022-07-25$6.49$7.0068.2%19.8%54.5%52.2%71.0%1.5%-0.3%221.7K1.4M-291.7K0.433.927,6523,314190,61865,870
2022-07-26$6.66$7.0069.8%20.6%55.6%56.5%73.8%1.3%-1.2%259.7K-445.2K-297.4K0.612.704,6742,851192,88967,087
2022-07-27$7.12$7.0069.5%20.3%58.9%55.7%72.2%0.8%-2.4%438.4K-9.3M-346.2K0.323.338,5492,744194,34067,452
2022-07-28$7.45$7.0066.2%19.2%61.1%47.0%70.5%1.6%-1.0%573.0K-14.7M-364.6K0.193.7914,7872,741198,52467,855
2022-07-29$7.68$7.0065.4%19.7%59.9%44.7%69.0%2.1%-1.4%489.6K-18.6M-366.8K0.212.8415,2053,184202,62868,354