AGEN Options History — September 2013

In September 2013, AGEN traded between $53.19 and $72.82. ATM implied volatility averaged 91.2%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded below realized volatility by 10.3% (HV 20d: 101.5%). Max pain ranged from $49.07 to $98.14. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.21.

Notable Days

2013-09-17: Highest Volume — 42 contracts
2013-09-06: Largest IV drop — 32.9% change
2013-09-05: Highest IV Rank — 66.3%
2013-09-05: Largest Expected Move — 34.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$57.13	$53.19	$72.82	$72.23	$54.37
Max Pain	$68.69	$49.07	$98.14	$49.07	$49.07
ATM IV	91.2%	73.6%	119.3%	98.0%	93.7%
Expected Move	25.7%	21.0%	34.2%	28.1%	26.8%
HV 20d	101.5%	49.6%	112.3%	49.9%	105.1%
HV 60d	67.2%	44.0%	70.8%	44.0%	69.7%
IV Rank	42.4%	27.5%	66.3%	48.2%	44.5%
IV Percentile	64.6%	29.4%	94.4%	79.4%	71.0%
Term Structure	-12.5%	-37.3%	15.0%	-32.4%	2.8%
VWIV	89.8%	78.2%	102.5%	78.2%	93.1%
Bid-Ask Spread %	54.35	19.32	104.94	20.58	44.39
Gamma HHI	0.59	0.52	0.67	0.64	0.56
Net GEX	3.5K	2.7K	5.5K	5.0K	3.5K
Net DEX	-189.2K	-323.8K	-127.4K	-286.7K	-171.8K
Net VEX	-1.6K	-1.9K	-1.2K	-1.8K	-1.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.21	0.00	2.22	0.00	0.01
Total Volume	8.9	0	42	8	5
Total OI	195.8	148	226	148	218

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2013-09-03	$72.23	$49.07	98.0%	28.1%	49.9%	48.2%	0.0%	0.0%	-32.4%	5.0K	-286.7K	-1.8K	0.00	20.58	8	0	132	16
2013-09-04	$72.82	$49.07	104.7%	30.0%	49.6%	53.9%	0.0%	0.0%	-37.3%	5.5K	-323.8K	-1.9K	0.06	19.32	5	0	140	16
2013-09-05	$55.74	$49.07	119.3%	34.2%	107.1%	66.3%	0.0%	0.0%	-37.3%	3.1K	-127.4K	-1.2K	0.20	49.98	33	7	145	16
2013-09-06	$56.13	$98.14	80.1%	22.0%	107.2%	33.0%	78.2%	0.0%	1.5%	3.1K	-172.1K	-1.4K	0.18	44.75	14	3	150	22
2013-09-09	$55.94	$98.14	90.3%	21.0%	107.2%	41.6%	78.8%	0.0%	-10.7%	2.8K	-170.5K	-1.3K	2.22	104.94	3	6	150	22
2013-09-10	$55.94	$98.14	86.7%	23.6%	107.3%	38.6%	0.0%	0.0%	-10.9%	2.9K	-169.0K	-1.4K	0.43	49.51	7	3	152	27
2013-09-11	$54.76	$98.14	87.0%	23.4%	107.3%	38.9%	0.0%	0.0%	0.9%	2.8K	-170.1K	-1.5K	0.00	52.53	6	0	158	30
2013-09-12	$53.39	$98.14	82.0%	23.5%	107.4%	34.6%	0.0%	0.0%	1.2%	2.7K	-152.5K	-1.5K	0.00	37.68	0	1	163	30
2013-09-13	$54.56	$98.14	78.2%	22.4%	108.1%	31.4%	0.0%	0.0%	5.7%	2.8K	-156.6K	-1.5K	0.00	52.43	0	0	163	31
2013-09-16	$53.78	$98.14	88.8%	25.4%	107.3%	40.3%	0.0%	0.0%	-18.8%	2.8K	-164.7K	-1.5K	0.00	53.06	0	0	163	31
2013-09-17	$59.27	$98.14	104.8%	30.1%	112.3%	54.0%	102.5%	0.0%	-29.8%	3.7K	-233.1K	-1.7K	0.12	78.42	37	5	163	31
2013-09-18	$57.51	$49.07	77.5%	22.2%	112.3%	30.8%	95.0%	0.0%	-32.5%	4.1K	-204.8K	-1.6K	0.04	66.06	7	0	185	33
2013-09-19	$57.11	$49.07	89.4%	25.6%	111.7%	40.9%	89.3%	0.0%	-17.3%	3.7K	-239.2K	-1.7K	0.00	42.90	2	0	192	34
2013-09-20	$55.94	$49.07	102.2%	29.3%	105.7%	51.8%	0.0%	0.0%	15.0%	4.0K	-224.2K	-1.7K	0.18	86.88	3	1	192	34
2013-09-23	$54.37	$49.07	101.7%	29.2%	104.6%	51.3%	91.9%	0.0%	-32.7%	3.9K	-181.7K	-1.6K	0.06	58.48	3	0	180	33
2013-09-24	$53.19	$49.07	93.0%	26.7%	104.5%	43.9%	0.0%	0.0%	-5.1%	3.3K	-143.0K	-1.5K	0.06	50.16	4	0	180	33
2013-09-25	$54.96	$49.07	91.9%	26.4%	105.0%	43.0%	93.1%	0.0%	-3.1%	3.6K	-165.2K	-1.6K	0.04	46.11	13	1	181	34
2013-09-26	$55.15	$49.07	80.5%	23.1%	104.9%	33.3%	0.0%	0.0%	-15.0%	3.6K	-163.4K	-1.5K	0.00	66.13	1	0	184	34
2013-09-27	$55.54	$49.07	73.6%	21.1%	105.2%	27.5%	0.0%	0.0%	6.5%	3.7K	-164.5K	-1.6K	0.00	62.76	0	0	184	34
2013-09-30	$54.37	$49.07	93.7%	26.8%	105.1%	44.5%	0.0%	0.0%	2.8%	3.5K	-171.8K	-1.5K	0.01	44.39	5	0	184	34