AG Options History — April 2024

In April 2024, AG traded between $6.21 and $8.09. ATM implied volatility averaged 63.2%, placing in the 71.6% IV rank vs the trailing year. The 30-day expected move averaged 17.9%. IV traded below realized volatility by 12.8% (HV 20d: 76.0%). Max pain ranged from $5.00 to $7.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.26.

Notable Days

  • 2024-04-09: Highest Volume — 110,768 contracts
  • 2024-04-03: Largest IV spike — 15.1% change
  • 2024-04-03: Highest IV Rank — 100.0%
  • 2024-04-05: Largest Expected Move — 19.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.15$6.21$8.09$6.21$6.71
Max Pain$6.45$5.00$7.00$5.00$7.00
ATM IV63.2%56.0%74.3%56.0%58.2%
Expected Move17.9%16.0%19.6%16.0%17.4%
HV 20d76.0%55.5%87.1%57.0%76.3%
HV 60d63.7%58.3%66.8%58.3%62.7%
IV Rank71.6%51.0%100.0%65.0%51.0%
IV Percentile95.2%87.7%100.0%87.7%89.3%
Term Structure-0.7%-4.7%2.8%0.7%-1.0%
VWIV65.5%57.8%75.8%57.8%61.8%
Skew 25d-7.4%-15.3%-2.3%-3.1%-5.5%
Skew 10d-16.7%-35.4%-7.4%-7.5%-10.8%
Call IV 25d69.7%61.4%80.3%61.4%62.1%
Put IV 25d62.3%56.6%70.6%58.3%56.6%
Bid-Ask Spread %27.716.4062.286.4062.28
Gamma HHI0.170.140.390.200.15
Net GEX783.2K-1.0M1.4M879.7K610.7K
Net DEX-53.4M-87.0M-24.1M-34.0M-34.9M
Net VEX-591.0K-690.7K-403.8K-403.8K-666.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.060.530.090.29
Total Volume38,959.45510,260110,76827,61716,720
Total OI483,968365,407553,879365,407533,136

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$6.21$5.0056.0%16.0%57.0%65.0%57.8%-3.1%0.7%879.7K-34.0M-403.8K0.096.4025,3662,251188,811176,596
2024-04-02$6.42$5.0058.6%16.4%55.5%76.7%58.8%-4.8%0.1%959.3K-40.5M-431.0K0.0614.1324,4811,395196,443177,645
2024-04-03$7.50$5.0067.5%19.6%74.1%100.0%68.4%-8.1%-0.8%1.0M-77.0M-488.8K0.4713.9670,28333,028205,805178,243
2024-04-04$7.50$6.0065.4%18.3%74.3%91.9%67.5%-13.2%2.8%974.2K-76.3M-504.0K0.3633.6233,41911,877215,316194,262
2024-04-05$7.80$6.0068.6%19.6%74.1%100.0%73.5%-15.3%2.8%1.1M-87.0M-509.5K0.2131.8139,7708,445217,981202,762
2024-04-08$8.00$6.0069.8%19.4%73.8%100.0%69.8%-9.7%-4.0%1.2M-85.6M-525.8K0.4422.4634,18414,947211,959194,894
2024-04-09$8.09$6.0074.3%18.7%73.8%100.0%75.8%-14.8%-1.9%1.1M-86.4M-520.6K0.5326.1572,39138,377213,272205,837
2024-04-10$7.87$6.0071.4%19.1%74.6%91.1%73.2%-11.1%-1.8%1.1M-79.0M-610.5K0.4324.4821,9779,499252,046231,465
2024-04-11$7.96$6.0066.4%18.8%74.7%76.1%70.8%-12.7%-1.4%1.4M-84.5M-623.5K0.247.8422,4245,458260,998235,916
2024-04-12$7.47$7.0066.0%18.4%79.0%74.7%70.4%-11.1%-2.9%-1.0M-59.2M-610.7K0.2311.1971,14216,242269,543237,737
2024-04-15$7.50$7.0065.0%18.4%78.3%71.8%69.6%-6.1%0.9%968.1K-66.0M-661.2K0.158.5828,0954,085282,053235,531
2024-04-16$6.83$7.0063.4%18.1%87.1%66.7%67.1%-5.2%0.0%630.0K-36.2M-632.9K0.299.5141,12011,925295,289236,580
2024-04-17$6.83$7.0061.3%17.6%82.4%60.3%62.8%-3.8%1.2%834.1K-38.5M-638.1K0.2333.5320,6634,854309,161239,512
2024-04-18$6.79$7.0060.7%17.4%80.7%58.7%63.4%-4.2%0.6%809.9K-35.9M-626.9K0.2231.7112,5502,728308,584241,464
2024-04-19$6.78$7.0060.4%17.3%80.1%57.6%61.7%-5.9%0.9%554.9K-32.9M-633.9K0.4542.5923,10710,296312,166241,713
2024-04-22$6.58$7.0060.0%16.9%80.6%56.3%63.5%-5.0%-1.5%468.2K-24.1M-621.1K0.2541.3422,3735,636274,139231,202
2024-04-23$6.83$7.0060.7%16.9%80.9%58.6%60.7%-5.1%-1.4%639.8K-34.5M-639.5K0.2436.9018,8124,545283,818232,050
2024-04-24$6.80$7.0059.1%16.8%80.8%53.7%59.9%-2.3%0.6%686.7K-34.5M-636.6K0.1336.6114,4771,877291,524233,657
2024-04-25$6.96$7.0060.1%17.3%79.6%56.8%61.4%-5.8%-3.3%851.6K-42.2M-651.4K0.2336.1914,8903,410294,336234,696
2024-04-26$7.00$7.0059.4%17.1%77.8%54.7%61.0%-3.2%-1.9%821.1K-44.3M-674.4K0.1239.0224,6943,035301,862236,247
2024-04-29$6.83$7.0059.4%17.5%76.7%54.5%62.3%-6.3%-4.7%728.3K-40.7M-690.7K0.1439.399,0401,220297,797233,248
2024-04-30$6.71$7.0058.2%17.4%76.3%51.0%61.8%-5.5%-1.0%610.7K-34.9M-666.1K0.2962.2812,9213,799299,196233,940