AG Options History — December 2022

In December 2022, AG traded between $8.23 and $9.59. ATM implied volatility averaged 55.2%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded below realized volatility by 0.9% (HV 20d: 56.1%). Max pain ranged from $9.00 to $9.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.34.

Notable Days

  • 2022-12-13: Highest Volume — 17,304 contracts
  • 2022-12-27: Largest IV spike — 4.4% change
  • 2022-12-12: Highest IV Rank — 21.6%
  • 2022-12-12: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.84$8.23$9.59$9.48$8.32
Max Pain$9.02$9.00$9.50$9.00$9.00
ATM IV55.2%52.7%58.6%55.2%53.8%
Expected Move15.9%14.8%16.9%15.9%15.0%
HV 20d56.1%47.5%66.7%66.7%47.5%
HV 60d66.4%61.0%69.4%68.5%61.0%
IV Rank11.7%4.8%21.6%11.7%7.7%
IV Percentile13.1%4.8%30.6%11.9%6.0%
Term Structure1.2%-0.9%2.9%0.5%1.2%
VWIV57.2%52.9%61.7%56.3%54.4%
Skew 25d0.6%-1.7%3.4%1.5%1.5%
Skew 10d0.1%-5.9%5.6%3.0%-2.7%
Call IV 25d57.4%52.9%61.2%56.2%55.4%
Put IV 25d58.0%54.7%63.1%57.7%57.0%
Bid-Ask Spread %2.592.063.473.472.94
Gamma HHI0.150.140.170.150.16
Net GEX927.8K562.5K1.4M1.3M703.6K
Net DEX-27.5M-50.5M-12.4M-45.4M-15.8M
Net VEX-318.6K-368.6K-274.5K-360.6K-274.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.140.710.410.23
Total Volume11,717.5246,35417,30414,4438,465
Total OI292,343282,596303,468282,984301,241

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$9.48$9.0055.2%15.9%66.7%11.7%56.3%1.5%0.5%1.3M-45.4M-360.6K0.413.4710,2634,180220,78162,203
2022-12-02$9.59$9.5054.1%15.6%66.4%8.8%55.2%0.3%0.4%1.4M-50.5M-368.6K0.363.0211,9594,270222,79363,283
2022-12-05$9.02$9.0054.9%16.2%62.6%10.9%60.2%-0.9%2.3%960.0K-32.1M-340.7K0.312.1811,4683,611220,12862,655
2022-12-06$8.91$9.0056.9%16.6%62.6%16.6%60.8%0.2%1.5%879.5K-28.8M-333.3K0.312.304,8641,490224,13464,478
2022-12-07$9.34$9.0056.7%16.6%62.7%16.1%58.8%0.1%1.6%1.2M-40.8M-360.4K0.392.356,0782,364225,88564,838
2022-12-08$9.11$9.0056.1%16.2%60.0%14.4%60.5%-1.3%2.2%1.0M-34.4M-345.4K0.442.065,7212,543226,45365,173
2022-12-09$8.98$9.0057.1%16.6%53.7%17.2%60.2%-1.7%2.9%978.0K-30.2M-336.1K0.442.457,7493,391228,56766,269
2022-12-12$8.86$9.0058.6%16.9%53.8%21.6%61.7%1.9%0.1%783.3K-26.0M-323.4K0.252.408,3552,059223,15265,411
2022-12-13$9.02$9.0056.4%16.6%53.4%15.2%59.6%0.9%1.9%971.5K-30.7M-331.7K0.142.2015,1362,168227,30366,535
2022-12-14$8.98$9.0055.4%16.1%49.9%12.5%57.9%1.7%1.0%1.0M-29.5M-324.0K0.142.837,8651,105230,02167,007
2022-12-15$8.52$9.0055.6%16.0%53.1%13.0%58.4%-0.3%-0.1%616.6K-16.5M-298.1K0.222.2711,8422,563231,93567,376
2022-12-16$8.61$9.0055.2%15.7%53.1%11.9%56.7%3.4%-0.9%714.3K-19.0M-305.7K0.452.339,3134,203235,39568,073
2022-12-19$8.23$9.0054.4%15.5%55.1%9.5%55.5%-1.7%1.8%562.5K-12.4M-281.8K0.712.808,0755,757218,62463,972
2022-12-20$8.71$9.0053.9%15.4%59.3%8.1%56.0%0.8%1.6%848.5K-23.6M-304.4K0.192.8813,2542,552222,21664,042
2022-12-21$8.73$9.0052.8%15.1%57.5%5.0%54.9%0.6%1.2%952.1K-25.0M-305.7K0.502.775,9442,981225,92064,783
2022-12-22$8.66$9.0055.0%15.8%56.8%11.1%54.6%3.1%-0.3%870.9K-22.2M-299.7K0.352.607,7552,692227,64865,666
2022-12-23$8.70$9.0052.7%15.0%56.8%4.8%52.9%1.8%2.0%896.8K-23.3M-303.8K0.342.877,6602,615231,33266,446
2022-12-27$8.86$9.0055.0%15.3%49.4%11.4%54.5%-0.6%0.9%1.1M-29.7M-310.0K0.242.4610,3002,454228,57064,612
2022-12-28$8.54$9.0054.6%16.2%49.6%10.1%58.4%0.7%1.0%953.3K-23.5M-302.5K0.462.358,5413,971231,04365,352
2022-12-29$8.46$9.0054.0%14.8%48.1%8.4%53.9%1.1%1.6%797.2K-17.9M-280.6K0.322.816,4422,050232,35165,537
2022-12-30$8.32$9.0053.8%15.0%47.5%7.7%54.4%1.5%1.2%703.6K-15.8M-274.5K0.232.946,8811,584235,34565,896