AG Options History — September 2022

In September 2022, AG traded between $6.54 and $8.47. ATM implied volatility averaged 64.1%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 18.3%. IV traded above realized volatility by 4.9% (HV 20d: 59.2%). Max pain ranged from $8.00 to $8.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.45.

Notable Days

  • 2022-09-12: Highest Volume — 25,755 contracts
  • 2022-09-23: Largest IV spike — 7.5% change
  • 2022-09-29: Highest IV Rank — 58.1%
  • 2022-09-29: Largest Expected Move — 20.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.48$6.54$8.47$6.96$7.66
Max Pain$8.00$8.00$8.00$8.00$8.00
ATM IV64.1%58.1%70.6%62.4%70.1%
Expected Move18.3%16.9%20.6%17.6%20.1%
HV 20d59.2%50.2%69.9%51.5%69.9%
HV 60d59.8%57.7%62.3%61.5%60.4%
IV Rank40.8%24.5%58.1%36.7%56.8%
IV Percentile71.2%46.0%94.4%65.9%92.1%
Term Structure0.1%-1.8%2.8%-0.5%0.2%
VWIV66.6%60.7%74.6%64.7%71.6%
Skew 25d-0.2%-7.1%3.2%-0.8%-0.1%
Skew 10d0.0%-15.9%14.9%-1.5%-0.8%
Call IV 25d67.7%60.3%76.4%66.1%73.5%
Put IV 25d67.5%62.2%74.3%65.3%73.4%
Bid-Ask Spread %3.132.454.823.392.73
Gamma HHI0.110.090.340.090.11
Net GEX541.3K243.6K1.5M254.3K694.5K
Net DEX-10.9M-29.1M2.5M-400.1K-19.1M
Net VEX-331.7K-387.6K-269.5K-302.9K-342.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.130.880.450.32
Total Volume12,667.7626,17525,7556,95221,317
Total OI295,544.095284,479306,874289,293306,874

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$6.96$8.0062.4%17.6%51.5%36.7%64.7%-0.8%-0.5%254.3K-400.1K-302.9K0.453.394,7932,159218,57070,723
2022-09-02$7.29$8.0060.2%16.9%54.8%30.8%61.0%-0.4%0.6%340.9K-5.0M-319.6K0.473.696,8793,249220,51071,084
2022-09-06$7.20$8.0064.3%18.4%50.2%41.4%66.3%0.3%-0.9%317.6K-3.6M-307.4K0.273.128,0102,137216,49369,098
2022-09-07$7.62$8.0062.3%17.7%55.0%35.9%65.3%-0.6%-0.5%572.1K-13.2M-354.0K0.323.158,0932,581220,16669,260
2022-09-08$7.76$8.0061.2%17.4%54.8%32.8%63.0%2.8%-0.6%663.8K-14.8M-347.7K0.162.565,336839222,70969,524
2022-09-09$8.03$8.0058.6%16.9%55.2%25.8%60.8%2.1%-0.8%1.5M-22.4M-375.7K0.222.8710,7052,304223,79569,760
2022-09-12$8.47$8.0058.1%17.1%57.7%24.5%60.7%1.5%2.2%818.0K-29.1M-387.6K0.382.4718,6297,126219,53869,309
2022-09-13$7.92$8.0060.3%17.5%61.8%30.5%64.0%-7.1%1.0%646.5K-17.5M-357.2K0.562.789,7965,455225,73470,492
2022-09-14$7.94$8.0060.9%17.4%61.8%32.0%62.1%0.2%-0.6%654.6K-17.4M-359.4K0.752.554,7243,533227,44071,338
2022-09-15$7.72$8.0062.2%17.5%59.6%35.6%62.5%3.2%-1.3%556.5K-13.0M-352.6K0.734.825,4353,964228,87271,346
2022-09-16$7.70$8.0064.0%18.1%59.5%40.4%65.9%0.7%-1.8%481.4K-13.0M-354.4K0.553.089,0324,925229,36472,738
2022-09-19$7.84$8.0064.2%18.4%58.5%41.0%66.3%3.2%-1.6%530.9K-14.7M-347.2K0.263.059,4602,459215,44069,039
2022-09-20$7.62$8.0065.7%18.8%58.7%45.0%67.5%-0.4%-0.4%517.3K-10.2M-328.3K0.883.253,3172,929220,81470,268
2022-09-21$7.64$8.0063.6%18.2%55.4%39.5%65.6%-2.6%-0.7%534.1K-12.0M-332.3K0.273.768,0862,215222,07371,486
2022-09-22$7.39$8.0063.3%18.1%55.0%38.5%67.5%-2.2%1.0%394.6K-6.4M-311.2K0.253.766,7011,663225,03272,281
2022-09-23$6.78$8.0068.0%19.6%62.2%51.2%71.9%-3.0%-1.4%269.5K1.8M-284.9K0.133.1819,1592,554227,27672,938
2022-09-26$6.54$8.0069.0%19.6%61.0%53.9%73.7%-4.0%2.1%243.6K2.5M-269.5K0.592.619,7675,765226,80470,118
2022-09-27$6.61$8.0068.5%19.3%61.4%52.6%74.6%-0.3%2.6%306.4K-516.4K-286.4K0.852.696,6935,716229,98170,373
2022-09-28$7.23$8.0069.0%19.9%69.4%53.9%69.9%2.4%2.8%464.3K-8.9M-318.5K0.322.4513,3994,337231,13671,203
2022-09-29$7.25$8.0070.6%20.6%69.4%58.1%74.5%0.5%1.2%586.4K-12.8M-326.1K0.733.666,2284,554233,29072,137
2022-09-30$7.66$8.0070.1%20.1%69.9%56.8%71.6%-0.1%0.2%694.5K-19.1M-342.9K0.322.7316,1055,212234,68072,194