AG Options History — September 2024

In September 2024, AG traded between $4.61 and $6.55. ATM implied volatility averaged 57.2%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 9.8% (HV 20d: 67.0%). Max pain ranged from $5.50 to $7.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2024-09-24: Highest Volume — 42,319 contracts
  • 2024-09-10: Largest IV spike — 29.2% change
  • 2024-09-30: Highest IV Rank — 69.4%
  • 2024-09-26: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.74$4.61$6.55$5.25$5.99
Max Pain$6.00$5.50$7.00$5.50$6.00
ATM IV57.2%43.9%67.0%53.5%67.0%
Expected Move16.5%15.5%17.8%15.5%16.7%
HV 20d67.0%40.8%80.9%43.2%80.9%
HV 60d63.9%55.2%68.1%57.0%67.3%
IV Rank42.5%6.9%69.4%33.6%69.4%
IV Percentile68.2%3.6%96.4%44.8%96.4%
Term Structure0.4%-18.7%26.4%-7.5%-10.3%
VWIV59.9%55.6%66.5%55.6%59.0%
Skew 25d-1.8%-6.5%5.5%1.2%-4.1%
Skew 10d-5.9%-13.7%-0.2%-4.0%-6.2%
Call IV 25d61.2%54.3%67.4%54.5%67.1%
Put IV 25d59.4%54.6%64.0%55.7%63.0%
Bid-Ask Spread %10.194.3932.7621.9910.36
Gamma HHI0.110.100.130.110.11
Net GEX677.0K22.3K1.6M200.2K651.5K
Net DEX-17.9M-50.8M14.6M3.5M-19.6M
Net VEX-645.9K-760.3K-509.3K-541.4K-679.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.061.800.170.89
Total Volume19,615.44,50742,3198,80522,251
Total OI608,846.35556,595654,459556,595640,250

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$5.25$5.5053.5%15.5%43.2%33.6%55.6%1.2%-7.5%200.2K3.5M-541.4K0.1721.997,5101,295324,837231,758
2024-09-04$5.29$5.5054.4%15.5%40.8%36.3%57.4%4.2%2.4%246.0K2.8M-552.5K0.0612.967,827490326,997232,279
2024-09-05$4.84$7.0064.0%16.0%51.2%63.1%56.8%5.5%-18.7%40.3K12.6M-509.3K0.2332.7614,3043,290332,139232,503
2024-09-06$4.61$6.0051.4%16.2%53.4%27.7%57.3%0.8%-9.4%31.3K14.5M-512.4K1.807.7212,48822,508339,668233,617
2024-09-09$4.62$6.0043.9%16.0%53.2%6.9%59.3%0.3%26.4%22.3K14.6M-523.1K0.175.447,0451,179338,784251,166
2024-09-10$4.78$6.0056.8%15.8%53.4%42.8%59.1%1.1%-0.2%80.6K12.1M-541.6K0.276.943,562945341,112251,536
2024-09-11$5.17$6.0055.1%16.4%59.7%38.2%58.8%-0.7%3.0%285.0K502.2K-592.4K0.065.3814,378895343,316252,207
2024-09-12$5.81$6.0057.6%16.6%73.0%45.2%60.5%-4.5%0.8%746.2K-21.8M-656.1K0.105.8934,2543,559349,094252,510
2024-09-13$6.13$6.0056.0%16.8%74.5%40.7%62.9%-3.7%7.4%954.2K-37.3M-708.1K0.186.9929,2945,352362,705253,719
2024-09-16$6.20$6.0059.1%17.0%74.6%49.3%60.8%-2.8%0.5%968.5K-34.2M-694.0K0.424.3910,5904,423356,044252,957
2024-09-17$6.09$6.0058.9%16.9%73.9%48.2%60.5%-3.3%-0.5%882.6K-29.4M-684.4K0.244.4612,4673,034358,296256,384
2024-09-18$5.95$6.0058.5%16.8%74.5%44.8%60.9%-3.5%-0.7%803.9K-25.1M-679.8K0.256.4712,9203,267361,487257,771
2024-09-19$6.00$6.0056.4%16.1%74.2%38.2%57.4%-2.6%-0.6%898.5K-24.6M-666.7K0.345.9215,2755,233364,729258,490
2024-09-20$6.19$6.0056.0%16.2%73.9%37.2%59.1%-1.2%-2.0%874.7K-32.5M-700.0K0.6510.4912,3428,066367,738262,197
2024-09-23$6.08$6.0055.2%16.0%74.2%34.0%57.1%-4.8%2.1%814.4K-25.5M-685.1K0.4617.639,5294,410358,060258,014
2024-09-24$6.51$6.0058.9%16.9%77.8%44.8%63.4%-6.5%5.3%1.2M-44.9M-746.4K0.236.3534,4257,894362,265262,013
2024-09-25$6.38$6.0058.2%16.7%78.3%42.7%61.1%-4.0%2.3%1.3M-40.7M-751.2K0.2010.6110,6142,165378,511267,025
2024-09-26$6.55$6.0061.3%17.8%76.8%52.3%66.5%-5.3%4.4%1.6M-50.8M-760.3K0.169.3823,2073,631382,030268,260
2024-09-27$6.30$6.0062.1%17.6%78.6%54.5%64.1%-1.7%3.0%954.9K-33.1M-732.9K0.2911.5912,6833,707383,253271,206
2024-09-30$5.99$6.0067.0%16.7%80.9%69.4%59.0%-4.1%-10.3%651.5K-19.6M-679.7K0.8910.3611,76110,490371,682268,568