AG Options History — March 2026

In March 2026, AG traded between $18.20 and $31.58. ATM implied volatility averaged 85.9%, placing in the 66.1% IV rank vs the trailing year. The 30-day expected move averaged 24.0%. IV traded below realized volatility by 3.4% (HV 20d: 89.3%). Max pain ranged from $16.00 to $23.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.30.

Notable Days

  • 2026-03-23: Highest Volume — 91,258 contracts
  • 2026-03-10: Largest IV drop — 5.8% change
  • 2026-03-03: Highest IV Rank — 74.6%
  • 2026-03-03: Largest Expected Move — 27.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.11$18.20$31.58$31.58$21.41
Max Pain$17.27$16.00$23.00$23.00$17.00
ATM IV85.9%78.7%92.0%89.8%88.1%
Expected Move24.0%12.6%27.3%26.4%25.3%
HV 20d89.3%76.0%106.7%94.9%83.6%
HV 60d89.2%83.1%95.1%83.1%95.1%
IV Rank66.1%56.0%74.6%71.5%69.2%
IV Percentile84.5%74.2%92.9%92.5%87.3%
Term Structure-1.2%-7.6%6.9%-1.1%-1.0%
VWIV86.9%80.3%95.9%93.2%90.3%
Skew 25d0.2%-3.6%3.5%3.5%1.3%
Skew 10d-6.1%-41.6%22.6%-27.8%1.3%
Call IV 25d86.9%79.7%92.8%89.0%88.0%
Put IV 25d87.2%79.9%92.5%92.5%89.3%
Bid-Ask Spread %18.859.4033.4826.6911.84
Gamma HHI0.080.070.090.080.08
Net GEX6.9M3.0M9.4M9.4M8.9M
Net DEX-646.3M-1.37B-242.8M-1.37B-669.2M
Net VEX-3.0M-3.6M-2.5M-3.1M-3.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.130.510.430.41
Total Volume53,131.63624,48991,25862,02942,663
Total OI966,240.182901,6491,099,548913,5441,099,548

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$31.58$23.0089.8%26.4%94.9%71.5%93.2%3.5%-1.1%9.4M-1.37B-3.1M0.4326.6943,48918,540598,493315,051
2026-03-03$28.45$23.0092.0%27.3%103.1%74.6%95.9%-3.6%-6.9%8.8M-1.05B-3.2M0.5133.4844,49722,667607,671326,504
2026-03-04$28.80$23.0088.3%25.7%100.0%69.5%90.3%1.2%-1.9%9.1M-1.08B-3.1M0.2231.9527,0645,904606,143328,437
2026-03-05$26.29$16.0088.3%24.7%106.7%69.5%86.9%-0.2%-2.9%8.1M-834.1M-3.1M0.2920.3342,21612,169614,130330,100
2026-03-06$25.83$16.0086.6%24.8%100.5%67.0%86.6%-1.2%-0.7%8.1M-822.8M-3.1M0.3322.8137,63212,601618,303323,128
2026-03-09$26.02$16.0091.4%25.6%96.5%73.8%89.0%-1.6%-2.9%8.0M-818.0M-3.0M0.2726.1331,1678,342591,102313,717
2026-03-10$26.70$16.0086.1%24.2%92.9%66.4%85.3%1.9%-3.9%8.9M-889.8M-3.0M0.2230.5138,8368,681587,583314,066
2026-03-11$25.69$16.0083.4%24.0%94.2%62.6%84.8%1.3%0.8%8.3M-788.8M-3.0M0.3722.3122,7098,400600,395317,370
2026-03-12$24.88$16.0085.3%26.1%94.9%65.3%84.4%1.8%0.9%7.9M-731.8M-3.0M0.429.6817,2207,269610,725320,648
2026-03-13$22.59$16.0084.4%12.6%94.6%64.1%84.9%-0.1%6.9%5.7M-533.0M-2.8M0.2614.1559,66915,686615,865322,790
2026-03-16$22.09$16.0083.3%23.8%93.0%62.5%82.6%0.3%3.2%5.8M-489.3M-2.7M0.2717.7132,4348,699603,365319,728
2026-03-17$21.52$16.0078.7%22.5%91.1%56.0%80.3%0.3%-0.3%5.4M-451.7M-2.7M0.4513.8319,6608,914614,614321,863
2026-03-18$20.30$16.0083.2%23.7%91.6%62.3%82.5%3.2%-6.3%4.3M-359.4M-2.6M0.2122.0247,56510,064622,481324,267
2026-03-19$18.91$16.0083.5%23.9%85.8%62.7%84.8%0.4%-0.6%3.4M-268.5M-2.5M0.4515.0355,67425,200633,754326,603
2026-03-20$18.20$16.0084.0%23.9%76.0%63.4%85.0%0.5%-5.2%3.0M-242.8M-2.5M0.2011.1953,28210,498655,826329,873
2026-03-23$19.16$17.0082.9%23.6%76.1%61.9%83.8%-0.2%1.1%4.3M-345.2M-2.7M0.229.4074,92516,333611,845316,592
2026-03-24$20.01$17.0085.8%24.7%76.5%65.9%86.5%-1.2%-0.6%6.3M-451.3M-2.9M0.1311.0542,7265,704660,598325,974
2026-03-25$20.79$17.0084.0%23.8%79.3%63.4%84.6%1.7%0.5%7.3M-543.3M-3.1M0.3111.1451,41616,060686,957327,953
2026-03-26$19.37$17.0085.5%23.9%76.5%65.6%87.2%-2.0%-0.9%7.3M-442.7M-3.1M0.1611.6040,4386,319717,173336,425
2026-03-27$20.36$17.0087.2%23.7%78.8%67.9%89.7%-0.2%-7.6%7.1M-559.6M-3.3M0.2022.8467,65413,806740,062336,181
2026-03-30$19.48$17.0088.7%24.6%79.0%70.0%92.7%-1.7%3.7%6.7M-475.1M-3.3M0.3318.9125,7118,393747,579335,802
2026-03-31$21.41$17.0088.1%25.3%83.6%69.2%90.3%1.3%-1.0%8.9M-669.2M-3.6M0.4111.8430,30012,363760,137339,411