AG Options History — February 2025

In February 2025, AG traded between $5.33 and $6.16. ATM implied volatility averaged 58.1%, placing in the 42.7% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded above realized volatility by 1.1% (HV 20d: 57.0%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.21.

Notable Days

  • 2025-02-14: Highest Volume — 34,765 contracts
  • 2025-02-04: Largest IV drop — 10.6% change
  • 2025-02-18: Highest IV Rank — 52.5%
  • 2025-02-21: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.64$5.33$6.16$5.74$5.33
Max Pain$5.84$5.00$6.00$5.00$6.00
ATM IV58.1%52.2%61.4%58.4%57.7%
Expected Move17.1%16.4%17.6%17.3%16.8%
HV 20d57.0%49.0%63.8%49.0%59.1%
HV 60d53.0%51.0%56.3%51.7%56.3%
IV Rank42.7%24.9%52.5%43.4%41.2%
IV Percentile62.2%11.9%80.6%65.9%59.9%
Term Structure0.6%-9.2%12.8%0.0%-0.2%
VWIV61.9%58.6%67.1%64.0%62.2%
Skew 25d-4.1%-13.6%2.9%-3.8%-4.2%
Skew 10d-11.9%-37.5%-4.5%-10.0%-18.2%
Call IV 25d63.6%55.9%71.3%63.3%63.5%
Put IV 25d59.5%56.2%63.9%59.5%59.3%
Bid-Ask Spread %7.624.6027.0127.014.65
Gamma HHI0.130.100.290.100.12
Net GEX525.8K290.6K1.4M415.2K290.6K
Net DEX-14.1M-28.2M-3.8M-14.4M-3.8M
Net VEX-572.4K-609.6K-544.3K-544.3K-561.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.050.380.200.19
Total Volume17,336.2118,13234,76511,93613,182
Total OI489,380.316437,415533,249437,415517,010

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-02-03$5.74$5.0058.4%17.3%49.0%43.4%64.0%-3.8%0.0%415.2K-14.4M-544.3K0.2027.019,9172,019214,603222,812
2025-02-04$6.16$5.0052.2%16.8%54.7%24.9%59.5%2.9%12.8%659.2K-28.2M-589.6K0.227.1820,7454,469221,060224,913
2025-02-05$5.99$5.0057.6%17.2%55.8%41.2%61.1%-2.6%-0.1%609.2K-21.6M-576.1K0.275.5713,3123,572225,148228,496
2025-02-06$5.81$6.0057.4%16.4%56.7%40.6%59.5%-3.4%1.9%526.6K-17.0M-564.3K0.367.365,9632,169232,734231,502
2025-02-07$5.63$6.0055.3%16.4%57.8%34.0%58.6%-4.2%1.0%350.9K-10.1M-563.5K0.256.0214,5403,699235,818233,144
2025-02-10$5.69$6.0058.2%17.1%57.9%42.9%61.0%-4.8%1.6%446.6K-13.3M-562.5K0.266.497,9232,082235,355232,000
2025-02-11$5.64$6.0056.7%17.0%55.8%38.2%60.4%-3.4%3.0%433.5K-12.3M-554.9K0.056.5622,6411,052239,246233,118
2025-02-12$5.75$6.0057.6%17.1%54.4%40.9%60.7%-1.1%4.4%576.6K-16.7M-578.5K0.216.1310,5812,193246,357233,539
2025-02-13$5.69$6.0059.0%17.4%53.9%45.1%62.9%-2.9%2.1%531.4K-17.7M-579.8K0.297.0212,0233,453250,842235,119
2025-02-14$5.42$6.0058.0%17.1%56.3%42.1%64.0%-4.6%2.5%350.0K-4.0M-552.3K0.387.3025,2079,558257,072237,990
2025-02-18$5.39$6.0061.4%17.6%53.2%52.5%66.5%-13.6%-0.4%356.9K-7.0M-556.8K0.154.6020,7713,156261,424239,264
2025-02-19$5.33$6.0060.8%17.4%53.1%50.6%67.1%-7.3%-0.6%429.2K-6.4M-570.7K0.127.3015,7481,960275,820241,464
2025-02-20$5.74$6.0059.4%17.0%59.5%46.3%58.8%-4.6%0.7%905.4K-26.6M-596.1K0.1213.7325,7902,986284,577242,800
2025-02-21$5.54$6.0060.3%17.6%60.9%49.3%62.2%-4.7%-4.6%1.4M-15.8M-585.5K0.165.7813,4652,192289,001244,248
2025-02-24$5.69$6.0057.3%16.7%61.6%40.2%61.6%-1.6%1.3%496.5K-18.0M-590.4K0.165.0713,2612,135262,645238,707
2025-02-25$5.47$6.0059.1%17.3%59.3%45.4%60.7%-5.0%-3.1%361.7K-9.6M-578.2K0.165.2011,0281,819267,748239,843
2025-02-26$5.71$6.0059.2%17.2%60.9%45.8%61.0%-3.0%-9.2%575.1K-19.6M-609.6K0.315.699,7033,021269,326240,988
2025-02-27$5.37$6.0059.2%17.6%63.8%45.8%63.6%-6.3%-1.1%325.8K-6.0M-561.5K0.206.0310,0472,006271,844240,649
2025-02-28$5.33$6.0057.7%16.8%59.1%41.2%62.2%-4.2%-0.2%290.6K-3.8M-561.3K0.194.6511,0372,145274,905242,105