AG Options History — January 2025

In January 2025, AG traded between $5.29 and $5.92. ATM implied volatility averaged 54.3%, placing in the 31.0% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 3.3% (HV 20d: 51.0%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.19.

Notable Days

  • 2025-01-17: Highest Volume — 23,105 contracts
  • 2025-01-07: Largest IV drop — 21.3% change
  • 2025-01-28: Highest IV Rank — 40.1%
  • 2025-01-13: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.70$5.29$5.92$5.91$5.71
Max Pain$5.35$5.00$6.00$5.50$5.00
ATM IV54.3%45.0%57.3%51.2%49.7%
Expected Move16.2%15.3%16.9%16.2%16.5%
HV 20d51.0%44.1%58.1%58.1%55.5%
HV 60d53.7%49.2%58.6%58.6%52.1%
IV Rank31.0%3.2%40.1%21.9%17.4%
IV Percentile34.6%0.4%59.9%6.7%2.8%
Term Structure-1.9%-21.4%8.2%-21.4%-11.0%
VWIV58.5%48.8%64.7%57.6%57.7%
Skew 25d-1.6%-17.4%31.0%-5.9%0.5%
Skew 10d-0.8%-24.5%71.5%-19.5%-11.3%
Call IV 25d59.8%50.9%63.7%61.4%53.6%
Put IV 25d58.2%45.6%85.8%55.5%54.2%
Bid-Ask Spread %12.854.8354.217.3115.97
Gamma HHI0.110.100.170.120.10
Net GEX342.1K125.0K539.4K379.3K384.9K
Net DEX-11.2M-20.7M1.3M-14.0M-13.5M
Net VEX-535.4K-563.5K-491.6K-556.4K-541.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.070.730.160.18
Total Volume11,228.46,23523,10514,12014,613
Total OI517,180.5410,745604,637580,424441,205

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$5.91$5.5051.2%16.2%58.1%21.9%57.6%-5.9%-21.4%379.3K-14.0M-556.4K0.167.3112,1551,965324,997255,427
2025-01-03$5.80$5.5056.2%15.9%58.1%36.8%55.5%-5.5%0.8%360.9K-11.6M-555.3K0.1412.105,454781331,283255,922
2025-01-06$5.80$6.0057.2%16.2%58.1%39.9%64.7%-6.0%0.0%373.1K-12.1M-539.4K0.196.056,0151,169329,634255,726
2025-01-07$5.88$6.0045.0%16.4%58.0%3.2%58.4%-5.7%1.1%430.4K-15.3M-552.0K0.207.598,2911,627332,219256,540
2025-01-08$5.89$6.0054.5%16.3%53.0%31.8%61.5%-3.1%8.2%435.2K-14.9M-549.4K0.107.938,827907334,249257,736
2025-01-10$5.83$6.0057.1%16.5%53.0%39.5%63.3%-17.4%0.6%351.2K-12.9M-545.8K0.175.786,6821,137337,549258,190
2025-01-13$5.58$6.0056.4%16.9%51.6%37.4%63.7%-4.6%3.4%277.3K-5.2M-527.1K0.306.636,4811,954335,342256,992
2025-01-14$5.80$6.0055.9%16.6%48.1%36.0%58.0%-5.8%2.1%394.8K-13.9M-539.7K0.134.837,090952337,737256,832
2025-01-15$5.67$5.0053.8%16.7%47.6%29.8%56.1%-6.7%3.2%438.9K-10.6M-532.6K0.208.598,7411,731340,427256,470
2025-01-16$5.56$5.0054.1%16.4%47.7%30.6%48.8%-6.8%0.8%539.4K-10.8M-520.5K0.0711.3913,114872345,739255,296
2025-01-17$5.83$5.0054.8%15.9%50.9%32.5%60.5%3.2%0.6%292.7K-19.6M-537.3K0.136.8320,5372,568350,713253,924
2025-01-21$5.74$5.0054.7%15.7%44.1%32.3%57.7%-4.1%1.6%308.5K-12.6M-536.8K0.1954.2110,7412,059193,113217,632
2025-01-22$5.63$5.0053.3%15.3%44.8%28.3%54.7%-2.4%-15.5%274.1K-8.4M-529.3K0.245.665,1891,267199,224219,253
2025-01-23$5.63$5.0056.3%16.2%44.8%37.0%57.2%-0.6%-0.7%245.0K-8.4M-527.2K0.736.923,8222,803201,450219,734
2025-01-24$5.62$5.0054.3%15.6%44.5%31.0%57.9%-0.6%-0.7%244.7K-8.9M-532.2K0.075.028,647626202,854222,478
2025-01-27$5.29$5.0057.2%16.0%49.4%39.9%58.8%20.2%4.8%125.0K1.3M-491.6K0.2236.389,6762,150199,802219,582
2025-01-28$5.38$5.0057.3%16.3%49.1%40.1%58.9%-7.3%0.1%170.4K-3.9M-507.2K0.2312.528,5771,965203,357221,204
2025-01-29$5.56$5.0057.1%16.1%49.3%39.6%60.8%-5.1%-6.8%286.8K-7.7M-522.2K0.1125.3410,0741,094207,558222,634
2025-01-30$5.92$5.0049.0%16.5%53.7%15.2%58.2%31.0%-8.4%528.5K-20.7M-563.5K0.109.8820,1562,059210,278223,308
2025-01-31$5.71$5.0049.7%16.5%55.5%17.4%57.7%0.5%-11.0%384.9K-13.5M-541.5K0.1815.9712,3382,275217,341223,864