AGEN Options History — March 2016

In March 2016, AGEN traded between $57.11 and $81.45. ATM implied volatility averaged 78.9%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded below realized volatility by 7.6% (HV 20d: 86.4%). Max pain ranged from $39.25 to $58.88. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.36.

Notable Days

2016-03-03: Highest Volume — 442 contracts
2016-03-21: Largest IV spike — 24.1% change
2016-03-03: Highest IV Rank — 43.4%
2016-03-29: Largest Expected Move — 27.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$75.15	$57.11	$81.45	$57.11	$81.45
Max Pain	$50.85	$39.25	$58.88	$58.88	$58.88
ATM IV	78.9%	66.8%	96.7%	73.9%	74.7%
Expected Move	22.9%	19.5%	27.7%	21.2%	21.4%
HV 20d	86.4%	61.8%	95.6%	61.8%	87.6%
HV 60d	78.3%	71.4%	80.6%	71.4%	79.7%
IV Rank	28.1%	16.5%	43.4%	30.0%	22.2%
IV Percentile	71.6%	34.1%	94.8%	65.9%	61.5%
Term Structure	0.3%	-12.4%	9.8%	-4.2%	9.1%
VWIV	82.3%	68.1%	109.5%	74.0%	80.9%
Skew 25d	-1.2%	-31.8%	57.9%	57.9%	-7.0%
Skew 10d	13.5%	-19.7%	82.3%	82.3%	-5.2%
Call IV 25d	79.6%	62.8%	105.8%	76.5%	86.2%
Put IV 25d	78.4%	57.9%	134.4%	134.4%	79.3%
Bid-Ask Spread %	56.36	28.76	137.53	58.10	40.15
Gamma HHI	0.44	0.26	0.52	0.26	0.51
Net GEX	29.3K	10.2K	38.7K	10.2K	36.6K
Net DEX	-2.0M	-2.7M	-297.5K	-297.5K	-2.4M
Net VEX	-13.0K	-15.2K	-3.9K	-3.9K	-14.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.03	0.52	0.26	0.30
Total Volume	69.091	36	442	65	44
Total OI	683.409	401	775	401	716

Daily Data (22 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
2016-03-01	$57.11	$58.88	73.9%	21.2%	61.8%	30.0%	74.0%	57.9%	-4.2%	10.2K	-297.5K	-3.9K	0.26	58.10	52	13	352	49
2016-03-02	$63.00	$58.88	86.8%	24.9%	70.2%	40.1%	89.7%	17.5%	1.5%	12.5K	-499.7K	-4.7K	0.23	45.95	61	14	353	49
2016-03-03	$66.73	$39.25	91.1%	24.1%	71.0%	43.4%	85.9%	20.6%	-4.3%	17.0K	-772.2K	-5.6K	0.03	71.10	428	14	368	49
2016-03-04	$75.37	$39.25	70.9%	23.3%	81.8%	27.7%	84.5%	8.7%	-3.1%	26.7K	-2.2M	-13.8K	0.25	53.49	58	14	633	49
2016-03-07	$80.27	$39.25	75.0%	22.4%	83.0%	30.9%	79.6%	7.7%	0.3%	32.0K	-2.5M	-14.8K	0.34	47.35	44	15	645	51
2016-03-08	$80.47	$58.88	66.8%	23.4%	79.8%	24.5%	85.6%	-11.3%	4.4%	32.7K	-2.5M	-14.8K	0.35	75.14	43	15	657	51
2016-03-09	$75.56	$58.88	77.5%	22.2%	84.6%	25.4%	81.3%	-25.5%	6.3%	31.4K	-2.3M	-14.3K	0.38	46.23	35	14	671	51
2016-03-10	$72.82	$39.25	80.4%	23.0%	85.4%	27.2%	79.7%	-26.1%	-1.5%	30.9K	-2.1M	-13.5K	0.44	51.28	32	14	681	51
2016-03-11	$79.49	$39.25	78.2%	22.4%	88.1%	25.2%	76.5%	-10.6%	-9.9%	35.8K	-2.4M	-14.7K	0.21	49.70	64	14	687	51
2016-03-14	$79.88	$39.25	78.6%	22.5%	88.1%	25.6%	78.5%	-18.1%	1.5%	38.7K	-2.7M	-15.1K	0.38	28.76	38	14	708	51
2016-03-15	$72.42	$39.25	80.8%	23.2%	95.1%	27.5%	77.9%	-22.1%	-2.2%	32.5K	-2.2M	-13.7K	0.38	30.83	38	14	713	52
2016-03-16	$71.64	$39.25	81.9%	23.5%	94.7%	28.5%	70.3%	-11.1%	-12.4%	25.9K	-1.9M	-13.2K	0.41	137.53	37	15	714	53
2016-03-17	$73.01	$39.25	75.0%	21.5%	90.3%	22.4%	80.8%	6.4%	0.8%	26.2K	-2.0M	-13.1K	0.52	39.17	33	17	717	53
2016-03-18	$74.78	$58.88	68.1%	19.5%	90.3%	16.5%	68.1%	-5.5%	8.5%	27.1K	-2.2M	-14.0K	0.45	50.46	37	17	719	56
2016-03-21	$80.27	$58.88	84.6%	24.2%	92.6%	30.8%	82.2%	6.4%	-4.2%	32.0K	-2.2M	-14.7K	0.35	44.52	31	11	651	46
2016-03-22	$81.26	$58.88	70.6%	20.2%	89.1%	18.6%	71.4%	-9.9%	9.8%	34.4K	-2.4M	-15.2K	0.40	75.62	29	12	661	47
2016-03-23	$75.17	$58.88	85.5%	24.5%	95.6%	31.6%	104.1%	-31.8%	-8.2%	31.2K	-2.3M	-14.3K	0.48	67.05	25	12	665	48
2016-03-24	$76.35	$58.88	75.9%	21.8%	93.1%	23.2%	77.4%	1.3%	5.5%	31.2K	-2.0M	-14.2K	0.47	49.87	25	12	667	49
2016-03-28	$75.56	$58.88	82.4%	23.6%	93.4%	28.9%	109.5%	-0.6%	1.8%	30.1K	-2.1M	-14.1K	0.47	82.86	25	12	669	48
2016-03-29	$80.27	$58.88	96.7%	27.7%	93.2%	41.3%	88.7%	25.5%	-0.3%	33.0K	-2.2M	-14.5K	0.50	48.41	24	12	670	48
2016-03-30	$80.47	$58.88	79.2%	22.7%	92.7%	26.1%	84.5%	0.9%	6.4%	36.5K	-2.4M	-14.6K	0.43	46.34	29	13	668	48
2016-03-31	$81.45	$58.88	74.7%	21.4%	87.6%	22.2%	80.9%	-7.0%	9.1%	36.6K	-2.4M	-14.9K	0.30	40.15	34	10	667	49