AG Options History — November 2025

In November 2025, AG traded between $10.73 and $15.18. ATM implied volatility averaged 69.5%, placing in the 53.4% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded below realized volatility by 2.2% (HV 20d: 71.7%). Max pain ranged from $8.00 to $13.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.22.

Notable Days

  • 2025-11-28: Highest Volume — 102,640 contracts
  • 2025-11-28: Largest IV spike — 10.8% change
  • 2025-11-03: Highest IV Rank — 66.2%
  • 2025-11-03: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.01$10.73$15.18$12.50$15.18
Max Pain$9.18$8.00$13.00$13.00$9.00
ATM IV69.5%64.0%76.9%76.9%70.9%
Expected Move20.3%19.0%22.0%22.0%21.7%
HV 20d71.7%57.7%84.4%78.1%84.4%
HV 60d71.4%65.7%78.4%65.7%78.4%
IV Rank53.4%43.8%66.2%66.2%55.7%
IV Percentile85.5%75.4%94.0%94.0%84.9%
Term Structure-0.9%-7.7%11.8%-6.6%-1.3%
VWIV74.0%70.2%79.9%79.5%79.9%
Skew 25d-4.1%-7.5%4.6%-2.5%-7.5%
Skew 10d0.4%-38.7%56.8%-38.7%-8.8%
Call IV 25d74.1%65.5%80.6%80.6%78.7%
Put IV 25d69.9%65.1%78.1%78.1%71.2%
Bid-Ask Spread %22.3511.4750.7521.7122.45
Gamma HHI0.140.110.210.140.21
Net GEX4.9M3.2M7.3M5.0M7.0M
Net DEX-319.4M-633.0M-192.0M-356.7M-633.0M
Net VEX-1.5M-1.7M-1.3M-1.6M-1.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.110.520.260.11
Total Volume48,213.94721,618102,64036,936102,640
Total OI950,853.632904,749987,134936,187930,907

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-11-03$12.50$13.0076.9%22.0%78.1%66.2%79.5%-2.5%-6.6%5.0M-356.7M-1.6M0.2621.7129,2397,697624,744311,443
2025-11-04$11.64$13.0070.3%21.7%81.7%54.6%76.7%0.8%11.8%4.2M-275.6M-1.5M0.3520.1846,36216,451625,087314,884
2025-11-05$10.73$12.5069.6%19.1%74.5%53.5%72.7%4.6%-3.4%3.2M-192.0M-1.3M0.2750.7568,63118,732628,720322,173
2025-11-06$10.95$8.0065.4%19.5%75.3%46.2%70.2%-5.9%1.7%3.8M-219.6M-1.4M0.1324.8934,9934,617645,759325,049
2025-11-07$11.33$8.0066.6%19.3%76.6%48.3%70.8%-4.4%0.6%4.0M-243.3M-1.4M0.4145.3121,3268,647637,079324,301
2025-11-10$11.88$8.0067.3%19.6%76.7%49.5%71.3%-5.5%1.0%4.7M-303.5M-1.5M0.1614.3658,0479,200613,661313,544
2025-11-11$11.98$8.0066.8%19.0%76.9%48.7%71.6%-4.5%-1.2%5.1M-314.9M-1.5M0.2419.8525,3215,985638,658317,161
2025-11-12$12.63$8.0067.4%20.1%74.4%49.6%71.1%-3.3%3.0%6.3M-387.3M-1.6M0.1221.4553,3536,370650,822320,321
2025-11-13$12.25$8.0068.1%19.7%73.7%50.8%70.3%-2.5%1.0%5.7M-349.7M-1.6M0.1623.0259,2039,649661,012322,022
2025-11-14$12.05$8.0069.0%20.1%69.3%52.5%72.2%-4.1%0.7%5.2M-326.6M-1.5M0.1719.5037,6616,589659,621327,513
2025-11-17$11.58$8.0071.1%20.4%69.6%56.1%74.2%-5.5%-5.8%4.0M-268.3M-1.4M0.2215.4923,8185,263628,981316,196
2025-11-18$11.71$9.0072.6%20.8%57.7%58.7%75.6%-5.7%-4.5%4.2M-285.8M-1.5M0.2321.4620,2314,691636,244317,770
2025-11-19$11.82$9.0071.2%20.4%57.9%56.2%75.5%-4.8%-2.7%4.4M-294.5M-1.5M0.2116.9417,8523,766643,322320,027
2025-11-20$11.05$9.0071.9%20.9%61.7%57.4%78.1%-6.9%-7.7%3.4M-230.3M-1.4M0.2622.9128,0357,361646,458320,379
2025-11-21$11.06$9.0073.7%21.6%61.8%60.5%73.2%-7.1%-2.2%3.7M-233.1M-1.4M0.5211.4717,1929,013656,583318,143
2025-11-24$11.96$9.0070.5%20.0%68.1%55.1%74.9%-5.2%-1.3%5.1M-313.9M-1.5M0.1221.4332,8413,822607,196297,553
2025-11-25$12.43$9.0068.0%20.9%69.0%50.7%76.0%-4.1%-0.6%6.1M-364.1M-1.5M0.1613.5731,7095,204619,650299,508
2025-11-26$13.55$9.0064.0%19.8%75.5%43.8%72.1%-3.8%-0.4%7.3M-476.6M-1.6M0.1418.0065,3239,231621,435302,293
2025-11-28$15.18$9.0070.9%21.7%84.4%55.7%79.9%-7.5%-1.3%7.0M-633.0M-1.7M0.1122.4592,11110,529625,635305,272