AG Options History — January 2026

In January 2026, AG traded between $15.98 and $26.15. ATM implied volatility averaged 91.3%, placing in the 83.9% IV rank vs the trailing year. The 30-day expected move averaged 27.3%. IV traded above realized volatility by 27.1% (HV 20d: 64.2%). Max pain ranged from $9.00 to $19.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.41.

Notable Days

  • 2026-01-26: Highest Volume — 201,568 contracts
  • 2026-01-20: Largest IV spike — 9.2% change
  • 2026-01-21: Highest IV Rank — 100.0%
  • 2026-01-26: Largest Expected Move — 32.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.24$15.98$26.15$15.98$20.89
Max Pain$17.20$9.00$19.00$9.00$19.00
ATM IV91.3%73.6%110.1%73.6%101.2%
Expected Move27.3%20.9%32.6%20.9%31.1%
HV 20d64.2%56.7%95.3%56.7%95.3%
HV 60d70.5%66.3%78.4%72.7%78.4%
IV Rank83.9%60.4%100.0%60.4%87.6%
IV Percentile96.7%86.1%100.0%86.1%97.6%
Term Structure1.5%-6.7%12.0%-0.6%-0.8%
VWIV97.6%79.6%113.4%79.6%110.3%
Skew 25d-9.3%-17.8%-3.7%-5.4%-7.7%
Skew 10d-21.5%-71.5%14.7%-24.6%-24.5%
Call IV 25d99.6%78.4%122.8%78.4%107.9%
Put IV 25d90.3%73.0%111.3%73.0%100.2%
Bid-Ask Spread %24.5510.8546.0330.7228.96
Gamma HHI0.100.060.160.130.06
Net GEX8.3M5.2M11.5M5.2M6.0M
Net DEX-861.8M-1.10B-516.5M-516.5M-563.9M
Net VEX-2.5M-3.0M-1.9M-1.9M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.180.700.500.28
Total Volume113,590.4544,612201,56895,586164,431
Total OI922,934.3769,7951,069,749891,124982,448

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$15.98$9.0073.6%20.9%56.7%60.4%79.6%-5.4%-0.6%5.2M-516.5M-1.9M0.5030.7263,60831,978655,464235,660
2026-01-05$17.02$16.0080.0%23.6%57.5%71.5%84.7%-5.7%0.4%7.8M-629.0M-2.0M0.2843.0382,36923,306645,044231,495
2026-01-06$18.64$17.0080.1%24.5%64.8%71.6%86.4%-5.5%0.9%8.3M-780.5M-2.1M0.2843.3591,71025,762655,129243,305
2026-01-07$17.91$17.0080.7%24.5%64.7%72.6%86.7%-7.8%-0.1%8.2M-705.8M-2.1M0.2622.4958,13015,217677,736255,090
2026-01-08$17.91$17.0078.7%24.1%62.2%69.3%85.2%-6.9%1.1%8.8M-711.9M-2.1M0.6017.7727,88416,728696,857260,262
2026-01-09$18.91$17.0079.7%24.3%63.5%71.0%88.7%-8.9%2.3%11.5M-827.0M-2.2M0.6119.7953,92533,003704,397266,839
2026-01-12$20.16$17.0082.0%25.8%63.9%74.9%92.3%-5.7%6.9%8.9M-924.5M-2.2M0.4910.8587,64743,108680,807258,469
2026-01-13$19.84$17.0081.1%25.6%59.2%73.3%91.4%-9.1%8.6%8.9M-868.4M-2.2M0.5216.3363,25632,617690,994280,355
2026-01-14$19.80$17.0085.3%26.3%59.4%80.6%94.4%-10.9%6.0%9.0M-860.4M-2.3M0.2326.5791,58420,702701,041303,924
2026-01-15$20.38$17.0082.5%25.7%59.5%75.7%92.6%-9.9%9.0%10.0M-929.3M-2.4M0.1812.7573,90213,411725,035319,376
2026-01-16$21.27$17.0087.9%26.8%60.3%85.1%94.1%-12.7%7.5%9.1M-1.07B-2.5M0.3016.1498,63230,041745,801323,948
2026-01-20$22.42$18.0096.0%27.7%61.0%99.1%100.8%-13.6%-0.1%7.4M-830.9M-2.6M0.4121.9170,67729,226582,486187,309
2026-01-21$22.12$18.0097.6%28.0%61.7%100.0%98.8%-10.5%-6.5%7.1M-805.2M-2.7M0.4920.3259,19428,809602,184203,494
2026-01-22$24.11$18.00102.5%29.6%65.8%100.0%102.5%-17.8%-6.7%8.3M-991.7M-2.8M0.7029.3975,93053,391616,270222,665
2026-01-23$25.32$18.00107.3%31.0%66.3%100.0%112.9%-13.2%-2.3%8.8M-1.10B-2.9M0.3910.97107,91641,585625,404238,401
2026-01-26$25.71$18.00110.1%32.6%65.4%100.0%113.4%-11.5%12.0%8.3M-1.10B-3.0M0.3718.98147,63153,937636,411245,679
2026-01-27$25.57$19.00107.0%31.0%65.9%95.6%113.4%-3.7%-3.4%8.3M-1.03B-3.0M0.2229.47153,68333,431640,138269,963
2026-01-28$26.15$19.00104.4%30.9%62.9%92.0%111.0%-8.6%-0.2%8.0M-1.06B-3.0M0.3646.0344,95216,231626,187288,490
2026-01-29$24.74$19.00108.3%31.5%68.6%97.4%112.5%-10.8%-4.3%7.4M-933.3M-3.0M0.6325.2768,92343,342639,156294,973
2026-01-30$20.89$19.00101.2%31.1%95.3%87.6%110.3%-7.7%-0.8%6.0M-563.9M-2.9M0.2828.96128,46535,966660,556321,892