AG Options History — April 2025

In April 2025, AG traded between $5.24 and $6.69. ATM implied volatility averaged 63.6%, placing in the 59.0% IV rank vs the trailing year. The 30-day expected move averaged 18.9%. IV traded below realized volatility by 13.9% (HV 20d: 77.5%). 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 9 of 21 days. Put/call ratio averaged 0.23.

Notable Days

  • 2025-04-04: Highest Volume — 69,074 contracts
  • 2025-04-11: Largest IV spike — 14.1% change
  • 2025-04-11: Highest IV Rank — 82.6%
  • 2025-04-07: Largest Expected Move — 21.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.22$5.24$6.69$6.58$6.22
Max Pain$6.29$6.00$7.00$7.00$6.00
ATM IV63.6%55.4%71.4%55.7%59.6%
Expected Move18.9%16.7%21.3%17.0%18.3%
HV 20d77.5%63.0%83.7%67.5%79.5%
HV 60d67.8%58.3%71.5%58.4%68.5%
IV Rank59.0%34.4%82.6%35.4%47.0%
IV Percentile78.9%32.1%99.2%34.5%70.2%
Term Structure-0.4%-14.5%5.9%2.2%-0.6%
VWIV67.4%58.8%78.9%60.3%64.3%
Skew 25d-2.5%-20.6%3.8%-2.1%0.8%
Skew 10d-1.0%-41.4%28.7%-4.7%-0.1%
Call IV 25d67.3%60.0%82.1%60.6%60.7%
Put IV 25d64.8%51.1%76.0%58.5%61.4%
Bid-Ask Spread %42.964.3070.924.3070.92
Gamma HHI0.130.100.210.170.11
Net GEX829.5K150.5K1.4M1.3M820.4K
Net DEX-37.4M-57.7M4.1M-53.3M-40.6M
Net VEX-697.5K-748.7K-576.9K-734.3K-695.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.070.490.290.10
Total Volume23,464.6196,53769,07412,7246,537
Total OI603,015.19538,168640,898618,855592,693

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$6.58$7.0055.7%17.0%67.5%35.4%60.3%-2.1%2.2%1.3M-53.3M-734.3K0.294.309,8672,857360,268258,587
2025-04-02$6.67$7.0055.4%16.7%63.0%34.4%58.8%-2.6%1.6%1.4M-57.1M-748.7K0.3310.747,4272,480361,320260,198
2025-04-03$6.41$7.0058.3%17.5%65.1%43.0%61.9%0.1%2.6%1.1M-46.0M-726.0K0.4354.1818,6708,044364,112261,681
2025-04-04$5.59$7.0062.5%21.1%81.6%55.9%74.5%-12.1%-14.5%446.4K-11.4M-658.5K0.1431.6960,7478,327365,201263,029
2025-04-07$5.39$7.0071.1%21.3%78.6%81.5%78.9%-20.6%5.9%226.8K-2.7M-604.7K0.1559.9916,9262,477325,317261,713
2025-04-08$5.24$7.0070.6%20.2%69.1%80.1%75.2%-3.0%-0.3%150.5K4.1M-576.9K0.3947.8810,2924,024329,476262,618
2025-04-09$5.94$6.0060.9%17.9%83.7%50.8%65.2%-13.3%0.6%570.9K-19.9M-631.1K0.2461.2823,6425,650330,288263,656
2025-04-10$6.03$6.0062.6%18.8%78.6%56.0%64.8%2.8%3.1%720.2K-26.0M-672.7K0.4959.1222,52611,126338,717264,709
2025-04-11$6.33$6.0071.4%20.8%80.9%82.6%73.8%3.8%-0.5%776.7K-42.8M-727.0K0.2140.4241,4928,797345,627270,257
2025-04-14$6.69$6.0071.0%20.1%80.0%81.2%71.4%2.1%-2.1%1.3M-57.3M-735.6K0.1632.7325,7144,172353,174270,108
2025-04-15$6.61$6.0067.3%19.3%79.6%70.0%68.4%-0.6%-2.9%1.3M-54.9M-738.2K0.2163.949,2511,924363,553272,579
2025-04-16$6.66$6.0064.9%18.6%79.5%62.9%66.6%-2.3%0.5%1.4M-57.7M-732.4K0.1263.9423,0832,815364,578273,290
2025-04-17$6.56$6.0064.2%18.5%79.1%60.7%65.8%-2.1%-1.7%896.3K-52.6M-731.0K0.2939.4912,8563,737367,735273,163
2025-04-21$6.46$6.0066.8%19.5%79.1%68.6%70.6%-1.3%-2.5%670.3K-39.8M-714.9K0.1730.9318,9063,271285,532252,636
2025-04-22$6.13$6.0064.1%19.0%80.9%60.5%67.3%-2.0%-1.3%468.4K-24.4M-657.1K0.0732.0940,0542,800292,434254,419
2025-04-23$6.21$6.0064.6%19.0%81.1%62.0%68.6%-2.1%-0.0%798.6K-42.3M-723.4K0.2967.3421,6006,360327,167257,451
2025-04-24$6.22$6.0063.4%18.7%81.1%58.5%67.9%1.0%-2.3%866.2K-40.7M-708.8K0.1866.9111,0402,038339,679260,148
2025-04-25$6.19$6.0061.4%17.6%80.3%52.5%62.7%-0.8%5.0%747.8K-37.9M-711.1K0.2641.3110,9042,821342,776261,081
2025-04-28$6.20$6.0060.4%18.5%79.5%49.5%67.1%1.8%0.2%714.4K-39.7M-712.5K0.2111.806,6861,399327,018257,297
2025-04-29$6.28$6.0059.3%17.8%79.7%46.2%62.1%0.4%-1.3%805.5K-42.4M-706.6K0.1611.228,1521,266330,265257,769
2025-04-30$6.22$6.0059.6%18.3%79.5%47.0%64.3%0.8%-0.6%820.4K-40.6M-695.6K0.1070.925,930607335,194257,499