AG Options History — August 2024

In August 2024, AG traded between $4.79 and $5.88. ATM implied volatility averaged 57.7%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded below realized volatility by 14.0% (HV 20d: 71.8%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2024-08-01: Highest Volume — 46,202 contracts
  • 2024-08-14: Largest IV spike — 29.7% change
  • 2024-08-14: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.41$4.79$5.88$5.25$5.56
Max Pain$5.34$5.00$6.00$6.00$5.50
ATM IV57.7%50.4%77.2%56.6%51.4%
Expected Move16.0%13.4%18.9%16.4%13.4%
HV 20d71.8%42.0%76.6%73.1%42.0%
HV 60d59.0%56.1%61.2%60.5%56.1%
IV Rank47.6%25.1%100.0%46.1%27.8%
IV Percentile63.9%27.8%100.0%75.0%29.0%
Term Structure-1.6%-38.6%15.8%15.8%8.2%
VWIV57.7%49.1%68.3%59.4%49.1%
Skew 25d0.4%-5.8%15.0%15.0%0.0%
Skew 10d-1.5%-7.2%6.7%6.7%-2.2%
Call IV 25d58.4%50.6%72.6%50.6%51.4%
Put IV 25d58.8%51.4%70.8%65.6%51.4%
Bid-Ask Spread %23.594.5560.0851.5311.83
Gamma HHI0.110.100.150.120.11
Net GEX406.0K41.5K715.7K70.2K402.0K
Net DEX-4.9M-19.2M9.8M8.3M-5.0M
Net VEX-609.1K-653.4K-549.6K-568.7K-593.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.050.470.330.16
Total Volume13,125.6825,09646,20246,2028,882
Total OI555,069.5527,544568,087527,544566,503

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$5.25$6.0056.6%16.4%73.1%46.1%59.4%15.0%15.8%70.2K8.3M-568.7K0.3351.5334,67611,526296,315231,229
2024-08-02$5.04$6.0071.4%18.4%72.8%91.2%63.9%-5.8%-6.4%41.5K7.7M-565.9K0.2816.2720,8095,926309,417232,348
2024-08-05$4.79$6.0069.3%18.9%73.6%84.8%68.3%0.5%-6.0%111.0K9.8M-549.6K0.4760.0813,9926,573309,794231,770
2024-08-06$5.00$5.0062.7%17.8%76.3%64.8%66.9%8.8%3.1%195.8K6.2M-581.0K0.0543.2514,594776316,105235,557
2024-08-07$4.86$5.0061.7%17.3%74.6%61.7%62.1%2.8%-0.1%163.0K7.6M-556.4K0.3339.297,0492,344322,189235,713
2024-08-08$4.96$5.0059.2%17.3%74.5%54.1%61.1%1.2%2.6%233.1K4.5M-590.9K0.2816.516,7991,914323,252236,937
2024-08-09$5.01$5.0058.1%16.3%74.9%50.5%57.6%1.7%1.6%324.9K4.7M-588.5K0.465.063,7481,707326,476237,431
2024-08-12$5.17$5.0056.7%16.3%76.6%46.4%60.5%-3.1%-0.2%263.7K332.6K-604.4K0.167.7710,0161,580318,358236,552
2024-08-13$5.34$5.0059.5%16.6%75.5%55.0%59.5%-3.6%-3.0%383.5K-5.1M-625.1K0.1715.9610,4461,758323,237237,062
2024-08-14$5.36$5.0077.2%16.0%75.1%100.0%57.9%3.2%-38.6%388.4K-2.9M-626.3K0.2216.584,193903326,937237,426
2024-08-15$5.53$5.0054.4%15.8%73.1%36.1%55.1%0.9%2.5%475.7K-5.8M-627.9K0.2815.539,4502,651327,005237,492
2024-08-16$5.54$5.0054.5%16.0%73.1%36.4%56.4%-0.5%3.4%596.6K-8.6M-626.0K0.2818.489,1752,595330,040238,047
2024-08-19$5.76$5.0055.5%15.9%74.6%39.2%56.0%-2.5%0.1%558.4K-17.6M-643.5K0.1915.9813,3802,604313,124231,943
2024-08-20$5.76$5.5056.3%16.2%74.6%41.4%56.5%-1.6%1.1%628.4K-17.5M-637.6K0.1818.546,4891,198319,140232,671
2024-08-21$5.88$5.5053.4%15.3%74.5%33.4%54.3%-0.9%-3.3%715.7K-19.2M-653.4K0.1522.838,7761,352319,718233,035
2024-08-22$5.70$5.5052.1%14.9%75.2%29.6%57.5%-3.1%-1.0%594.9K-13.3M-629.0K0.1649.877,4871,228324,323233,766
2024-08-23$5.78$5.5050.4%14.8%75.4%25.1%54.7%-2.2%-12.8%575.8K-16.0M-645.3K0.1131.0911,8561,285325,254234,233
2024-08-26$5.80$5.5054.3%15.1%75.1%35.9%53.5%0.1%-1.2%604.5K-14.4M-627.1K0.2723.204,5771,225317,624230,418
2024-08-27$5.79$5.5052.1%14.9%74.7%29.6%54.1%0.4%-4.5%643.0K-15.8M-641.0K0.4330.2910,0374,298320,107230,947
2024-08-28$5.56$5.5051.8%14.4%75.3%28.9%52.5%0.0%0.6%474.4K-7.2M-607.1K0.144.559,3971,311326,743232,378
2024-08-29$5.62$5.5051.7%14.0%44.7%28.5%51.8%-1.7%2.7%487.8K-7.7M-613.3K0.214.576,7811,402329,998232,915
2024-08-30$5.56$5.5051.4%13.4%42.0%27.8%49.1%0.0%8.2%402.0K-5.0M-593.2K0.1611.837,6861,196332,623233,880