AG Options History — November 2022

In November 2022, AG traded between $8.10 and $9.76. ATM implied volatility averaged 61.1%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded below realized volatility by 7.1% (HV 20d: 68.2%). Max pain ranged from $8.00 to $9.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2022-11-08: Highest Volume — 25,651 contracts
  • 2022-11-28: Largest IV spike — 6.4% change
  • 2022-11-01: Highest IV Rank — 47.3%
  • 2022-11-01: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.12$8.10$9.76$8.69$9.32
Max Pain$8.62$8.00$9.00$8.00$9.00
ATM IV61.1%55.5%66.5%66.5%56.2%
Expected Move17.7%15.6%20.4%20.4%16.0%
HV 20d68.2%62.9%75.6%64.1%70.9%
HV 60d68.0%63.9%69.7%63.9%69.3%
IV Rank31.2%12.6%47.3%47.3%14.6%
IV Percentile43.2%13.9%72.6%72.6%17.5%
Term Structure-0.2%-2.0%1.4%-1.3%-0.5%
VWIV62.7%54.7%72.2%72.2%57.1%
Skew 25d1.5%-1.5%4.5%1.2%1.7%
Skew 10d1.8%-9.4%6.2%6.1%3.7%
Call IV 25d62.5%55.0%70.0%67.7%57.3%
Put IV 25d63.9%58.1%69.5%68.9%59.0%
Bid-Ask Spread %4.042.8412.063.833.66
Gamma HHI0.140.110.240.110.14
Net GEX1.1M625.2K1.7M974.6K1.1M
Net DEX-40.0M-57.3M-20.2M-35.2M-40.7M
Net VEX-366.5K-395.3K-325.9K-377.2K-354.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.220.810.430.29
Total Volume13,817.3334,33025,65113,87410,468
Total OI278,492.476268,138291,483268,138280,257

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$8.69$8.0066.5%20.4%64.1%47.3%72.2%1.2%-1.3%974.6K-35.2M-377.2K0.433.839,7034,171207,85660,282
2022-11-02$8.17$8.0066.3%20.2%67.7%46.7%71.4%-1.5%-2.0%744.0K-26.2M-356.4K0.535.267,7294,082210,09460,942
2022-11-03$8.10$8.0065.8%19.0%66.2%45.4%67.5%1.7%0.0%625.2K-20.2M-328.6K0.3912.068,4953,353211,68661,997
2022-11-04$8.90$8.0064.7%18.8%68.2%42.2%66.9%0.6%-0.1%1.4M-40.1M-373.6K0.294.2114,9504,280214,36062,616
2022-11-07$9.01$8.0065.9%19.0%68.2%45.5%68.1%1.8%0.4%1.0M-40.5M-372.7K0.383.6810,2323,909211,03760,603
2022-11-08$9.44$8.0066.1%19.2%69.7%46.0%67.2%1.3%1.4%1.2M-51.7M-388.6K0.354.1818,9996,652214,18162,029
2022-11-09$8.93$8.0064.1%18.7%72.5%40.9%67.6%-0.5%1.0%1.1M-38.2M-364.8K0.404.1910,5334,228219,82864,987
2022-11-10$9.61$8.0061.1%17.5%75.6%32.7%62.9%0.9%-0.4%1.5M-57.3M-391.6K0.362.8812,0494,278222,29465,660
2022-11-11$9.52$9.0059.9%17.3%69.8%29.5%60.9%2.7%0.3%1.7M-52.7M-393.5K0.723.089,3406,692223,09466,210
2022-11-14$9.76$9.0060.8%17.5%69.9%31.8%62.3%2.7%0.1%1.3M-55.4M-395.3K0.373.3710,4113,818215,54963,428
2022-11-15$9.24$9.0061.4%17.6%73.7%33.4%62.3%0.3%0.8%1.1M-41.8M-371.1K0.363.9911,6304,147217,96764,695
2022-11-16$9.18$9.0059.4%17.0%69.6%28.2%60.1%1.9%1.3%1.1M-38.9M-356.9K0.443.057,4053,248219,99665,366
2022-11-17$9.03$9.0060.7%17.5%68.7%31.6%61.0%2.4%-1.7%952.8K-34.2M-360.3K0.343.268,1672,738222,35566,632
2022-11-18$9.09$9.0059.6%17.0%63.3%28.7%59.9%2.1%0.5%1.1M-36.3M-361.0K0.663.157,7175,117223,91767,566
2022-11-21$9.10$9.0059.0%16.9%62.9%25.3%58.0%2.4%-1.3%819.7K-32.8M-354.5K0.343.1210,4033,549208,29060,453
2022-11-22$9.44$9.0056.7%16.0%63.9%16.0%57.2%2.1%-1.5%1.2M-43.6M-368.7K0.303.9811,5263,434211,52960,509
2022-11-23$9.63$9.0056.3%15.6%63.3%14.8%54.7%4.5%-1.3%1.4M-49.5M-379.7K0.333.959,4203,121214,10861,194
2022-11-25$9.49$9.0055.5%16.1%63.0%12.6%56.9%1.1%0.6%1.5M-45.2M-366.8K0.813.132,3881,942215,29761,836
2022-11-28$8.75$9.0059.0%17.1%70.0%22.8%61.5%1.4%-0.0%771.4K-25.6M-325.9K0.283.8914,2994,051210,16859,648
2022-11-29$9.04$9.0057.8%17.0%70.7%19.3%60.2%0.8%-0.3%967.9K-34.6M-355.3K0.222.846,1561,334216,41361,413
2022-11-30$9.32$9.0056.2%16.0%70.9%14.6%57.1%1.7%-0.5%1.1M-40.7M-354.1K0.293.668,0872,381218,65461,603