AG Options History — June 2023

In June 2023, AG traded between $5.33 and $6.01. ATM implied volatility averaged 43.5%, placing in the 2.6% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 15.4% (HV 20d: 28.1%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.29.

Notable Days

  • 2023-06-30: Highest Volume — 11,256 contracts
  • 2023-06-13: Largest IV drop — 7.5% change
  • 2023-06-12: Highest IV Rank — 6.5%
  • 2023-06-01: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.62$5.33$6.01$6.01$5.63
Max Pain$6.24$6.00$7.00$7.00$6.00
ATM IV43.5%41.5%47.3%47.3%42.2%
Expected Move12.4%11.4%13.7%13.7%11.4%
HV 20d28.1%24.6%32.7%32.5%24.6%
HV 60d48.1%28.2%69.8%69.8%28.2%
IV Rank2.6%0.0%6.5%5.4%2.0%
IV Percentile1.1%0.0%2.8%1.6%1.2%
Term Structure1.0%-1.6%4.2%-0.1%4.2%
VWIV45.0%39.8%49.4%48.1%39.8%
Skew 25d0.3%-1.7%3.7%1.0%0.7%
Skew 10d-2.2%-10.7%1.7%0.3%1.7%
Call IV 25d44.8%42.8%48.2%48.2%42.9%
Put IV 25d45.0%43.0%49.2%49.2%43.6%
Bid-Ask Spread %2.371.603.362.501.90
Gamma HHI0.140.120.150.130.15
Net GEX251.4K137.4K346.5K334.7K262.7K
Net DEX-3.3M-7.7M285.9K-6.9M-7.7M
Net VEX-271.2K-301.6K-241.6K-301.1K-274.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.050.990.110.15
Total Volume6,5623,59811,25610,95311,256
Total OI270,907.476250,978284,697269,052269,906

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$6.01$7.0047.3%13.7%32.5%5.4%48.1%1.0%-0.1%334.7K-6.9M-301.1K0.112.509,8781,075186,80382,249
2023-06-02$5.91$7.0044.8%12.9%31.7%0.0%46.2%0.4%-0.4%276.7K-4.4M-284.9K0.302.495,2381,585191,97882,611
2023-06-05$5.88$7.0045.1%13.2%31.3%1.1%48.1%1.2%-0.4%259.4K-4.9M-285.3K0.232.084,194948189,35381,923
2023-06-06$5.86$7.0044.8%12.7%31.2%0.0%44.9%3.7%-0.6%306.8K-4.1M-280.8K0.111.993,655406192,13281,979
2023-06-07$5.76$7.0045.9%12.7%31.3%3.7%45.9%-0.1%-1.6%271.4K-3.0M-276.5K0.381.602,8661,093193,24781,934
2023-06-08$5.87$6.0043.2%12.6%32.7%0.0%49.4%0.2%1.4%346.5K-6.7M-301.6K0.052.336,292286194,44882,246
2023-06-09$5.75$6.0043.3%12.3%27.6%0.3%48.1%0.1%1.4%291.3K-4.0M-289.7K0.332.294,7531,552198,65382,322
2023-06-12$5.71$6.0045.3%12.5%27.6%6.5%45.5%1.2%-1.2%263.7K-2.5M-272.0K0.172.205,944981195,69481,851
2023-06-13$5.64$6.0041.9%12.6%26.8%0.0%48.6%-1.7%1.7%257.4K-649.8K-262.9K0.202.366,2781,224198,42582,481
2023-06-14$5.58$6.0043.2%12.7%26.2%4.1%44.7%1.0%1.2%244.2K-449.4K-264.1K0.163.314,721771199,36581,883
2023-06-15$5.58$6.0041.9%12.5%26.2%0.2%43.7%2.0%2.1%266.2K-1.1M-258.9K0.632.323,3962,142202,15280,018
2023-06-16$5.58$6.0041.5%12.0%26.0%0.0%42.1%-1.2%1.0%228.8K-1.1M-259.3K0.681.864,9403,345203,94480,753
2023-06-20$5.44$6.0043.1%12.4%26.7%4.5%44.3%-0.1%1.0%183.0K-1.5M-257.6K0.522.995,1542,669175,40975,569
2023-06-21$5.37$6.0043.3%12.4%26.8%5.1%43.6%-1.4%1.4%137.4K285.9K-241.6K0.192.765,4441,030177,85076,286
2023-06-22$5.33$6.0043.2%12.4%26.7%5.0%44.9%-0.7%-0.1%170.0K-493.1K-253.0K0.263.366,3031,654181,13376,395
2023-06-23$5.34$6.0042.7%12.2%25.6%3.4%43.2%-1.5%0.9%179.7K-1.4M-254.5K0.992.563,2583,219185,92877,595
2023-06-26$5.50$6.0042.8%12.0%26.9%3.6%43.1%-0.1%2.0%212.9K-4.0M-265.1K0.082.296,334496183,44678,909
2023-06-27$5.42$6.0042.3%12.2%27.2%2.4%43.9%-1.0%3.0%256.6K-5.1M-276.5K0.102.174,746490186,73379,186
2023-06-28$5.41$6.0043.0%11.9%27.0%4.3%42.7%1.1%1.0%243.6K-3.2M-260.9K0.182.443,881707188,84678,789
2023-06-29$5.45$6.0042.4%11.9%26.7%2.6%43.8%0.6%3.4%285.5K-5.3M-275.0K0.232.002,931667190,06278,571
2023-06-30$5.63$6.0042.2%11.4%24.6%2.0%39.8%0.7%4.2%262.7K-7.7M-274.6K0.151.909,7691,487190,94978,957