AG Options History — March 2025

In March 2025, AG traded between $5.34 and $7.29. ATM implied volatility averaged 59.0%, placing in the 45.3% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded below realized volatility by 9.1% (HV 20d: 68.1%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.26.

Notable Days

  • 2025-03-18: Highest Volume — 88,104 contracts
  • 2025-03-25: Largest IV spike — 24.0% change
  • 2025-03-05: Highest IV Rank — 70.4%
  • 2025-03-10: Largest Expected Move — 20.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.48$5.34$7.29$5.34$6.71
Max Pain$6.25$6.00$7.00$6.00$7.00
ATM IV59.0%44.6%67.4%60.4%57.6%
Expected Move17.6%15.8%20.3%18.2%16.8%
HV 20d68.1%57.9%76.4%58.0%66.6%
HV 60d58.9%54.3%61.2%56.0%60.0%
IV Rank45.3%2.0%70.4%49.5%40.9%
IV Percentile59.3%0.4%94.0%77.4%53.6%
Term Structure-0.0%-28.4%14.9%-28.4%1.3%
VWIV62.5%52.2%75.3%52.2%59.7%
Skew 25d-3.5%-18.1%12.8%-2.0%-2.0%
Skew 10d-6.3%-20.4%17.0%-3.5%-2.5%
Call IV 25d63.2%34.0%72.6%51.7%60.9%
Put IV 25d59.7%40.0%70.3%49.6%59.0%
Bid-Ask Spread %21.754.9462.9510.6914.05
Gamma HHI0.170.110.340.110.16
Net GEX1.3M318.0K2.0M318.0K1.4M
Net DEX-56.8M-98.9M-6.4M-6.4M-58.7M
Net VEX-705.9K-801.5K-546.3K-546.3K-742.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.060.700.440.15
Total Volume26,543.52410,55588,10418,85820,618
Total OI566,913.571507,147617,297507,147609,299

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$5.34$6.0060.4%18.2%58.0%49.5%52.2%-2.0%-28.4%318.0K-6.4M-546.3K0.4410.6913,0705,788269,332237,815
2025-03-04$5.39$6.0055.2%17.7%58.1%33.7%63.6%-1.7%0.9%367.0K-9.8M-569.4K0.166.1614,6802,376271,234242,033
2025-03-05$5.81$6.0067.4%18.7%58.9%70.4%67.8%4.3%14.9%792.9K-28.4M-625.0K0.116.4638,0334,014281,333243,051
2025-03-06$5.80$6.0064.8%19.2%58.1%62.6%67.2%-5.5%-0.5%1.0M-32.0M-633.2K0.3214.317,9682,587304,110244,277
2025-03-07$5.96$6.0062.7%17.9%57.9%56.3%64.2%-4.9%-1.0%2.0M-36.8M-646.2K0.085.2214,8801,250306,350244,869
2025-03-10$5.55$6.0064.0%20.3%62.5%60.3%75.3%-7.2%3.2%582.5K-20.2M-619.6K0.4313.3411,4074,902294,827240,952
2025-03-11$6.14$6.0062.8%20.2%72.1%56.6%71.4%-7.1%1.0%1.1M-43.2M-671.1K0.1862.9519,4263,492300,331241,500
2025-03-12$6.19$6.0061.7%19.1%72.0%53.5%67.7%-4.2%0.9%1.2M-46.7M-683.2K0.245.2715,3173,623307,151243,262
2025-03-13$6.69$6.0064.4%19.5%76.4%61.5%70.7%-4.3%0.4%1.5M-71.4M-704.5K0.0849.5352,9134,338312,549244,922
2025-03-14$6.64$6.0063.7%18.7%76.3%59.4%66.6%-5.2%-3.1%1.2M-73.0M-705.9K0.5936.9118,41010,886313,605246,444
2025-03-17$7.08$6.0060.4%16.9%75.8%49.5%60.3%-3.4%-0.3%1.4M-79.2M-722.4K0.164.9436,8355,778300,137248,848
2025-03-18$7.22$6.0059.3%16.8%75.5%46.2%59.7%-3.9%0.1%1.5M-85.4M-737.0K0.066.3182,9895,115304,050250,191
2025-03-19$7.29$6.0061.3%17.0%74.9%52.0%60.2%-3.7%5.4%1.8M-98.9M-801.5K0.3223.4515,4424,998342,445251,750
2025-03-20$7.08$0.0058.0%16.8%73.2%42.1%61.4%-3.2%0.9%1.6M-84.1M-791.7K0.3942.508,7973,465343,778254,757
2025-03-21$6.96$7.0057.0%16.7%71.9%39.3%60.0%-2.5%-1.5%1.6M-77.9M-786.6K0.7031.4711,2237,912345,594256,851
2025-03-24$6.97$6.0044.6%16.2%71.7%2.0%58.0%12.8%1.1%1.4M-73.1M-770.5K0.1931.6312,6072,439333,408252,795
2025-03-25$6.88$6.0055.3%16.1%69.9%34.2%57.4%-4.0%1.4%1.5M-69.8M-779.5K0.2915.3317,8935,176338,436254,047
2025-03-26$6.79$7.0054.0%15.8%69.4%30.3%57.0%-18.1%0.5%1.4M-63.1M-759.5K0.2930.588,2852,363347,202257,912
2025-03-27$6.97$7.0052.1%15.8%64.5%24.4%55.6%-3.3%1.6%1.7M-72.9M-772.4K0.1421.6322,1553,075349,533256,908
2025-03-28$6.72$7.0052.8%16.2%66.5%26.8%57.4%-4.4%1.1%1.3M-61.1M-756.7K0.1824.1226,0734,816357,830259,467
2025-03-31$6.71$7.0057.6%16.8%66.6%40.9%59.7%-2.0%1.3%1.4M-58.7M-742.9K0.1514.0517,9842,634352,209257,090