AGQ Options History — August 2013

In August 2013, AGQ traded between $16.68 and $25.98. ATM implied volatility averaged 65.4%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 5.3% (HV 20d: 60.1%). Max pain ranged from $15.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.33.

Notable Days

2013-08-15: Highest Volume — 43,027 contracts
2013-08-15: Largest IV spike — 20.1% change
2013-08-28: Highest IV Rank — 64.7%
2013-08-30: Largest Expected Move — 21.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.46	$16.68	$25.98	$16.97	$23.85
Max Pain	$21.18	$15.00	$25.00	$15.00	$22.00
ATM IV	65.4%	52.8%	74.5%	63.5%	72.5%
Expected Move	18.6%	16.0%	21.4%	17.4%	21.4%
HV 20d	60.1%	55.8%	70.0%	70.0%	62.8%
HV 60d	77.7%	75.6%	79.6%	75.6%	79.2%
IV Rank	50.3%	30.4%	64.7%	47.2%	61.5%
IV Percentile	76.0%	50.4%	91.3%	75.4%	87.3%
Term Structure	-1.5%	-6.4%	2.6%	1.8%	-1.9%
VWIV	66.2%	56.5%	76.7%	61.3%	76.7%
Skew 25d	2.2%	-3.5%	7.6%	7.6%	1.6%
Skew 10d	3.1%	-6.0%	12.4%	11.1%	-4.9%
Call IV 25d	65.8%	55.6%	79.0%	59.7%	75.7%
Put IV 25d	67.9%	59.8%	77.8%	67.3%	77.2%
Bid-Ask Spread %	10.84	6.55	17.82	17.35	9.51
Gamma HHI	0.10	0.06	0.36	0.10	0.07
Net GEX	1.0M	324.4K	2.0M	563.0K	1.1M
Net DEX	-33.5M	-77.6M	16.4M	12.8M	-43.0M
Net VEX	-343.2K	-488.8K	-196.1K	-206.5K	-463.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.33	0.12	0.99	0.95	0.46
Total Volume	13,650.409	3,256	43,027	3,472	8,015
Total OI	117,505.273	97,839	138,901	99,774	138,901

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-08-01	$16.97	$15.00	63.5%	17.4%	70.0%	47.2%	61.3%	7.6%	1.8%	563.0K	12.8M	-206.5K	0.95	17.35	N/A	N/A	1,780	1,692	65,484	34,290
2013-08-02	$17.23	$15.00	59.8%	16.2%	62.5%	41.3%	56.9%	4.1%	2.6%	324.4K	11.8M	-207.6K	0.27	17.82	N/A	N/A	6,864	1,876	66,071	35,317
2013-08-05	$17.02	$25.00	63.1%	16.4%	62.5%	46.7%	57.5%	6.1%	1.4%	448.6K	13.7M	-204.7K	0.24	10.59	N/A	N/A	4,982	1,204	64,222	33,617
2013-08-06	$16.68	$24.00	65.5%	16.3%	62.8%	50.5%	58.8%	4.9%	1.7%	540.0K	15.6M	-199.8K	0.99	6.55	N/A	N/A	1,640	1,616	67,728	34,450
2013-08-07	$16.72	$24.00	52.8%	16.0%	62.6%	30.4%	56.5%	5.9%	1.1%	559.0K	16.4M	-196.1K	0.41	7.23	N/A	N/A	3,435	1,419	68,298	34,858
2013-08-08	$18.07	$24.00	54.1%	16.2%	56.6%	32.3%	58.5%	5.6%	-0.1%	974.6K	2.0M	-228.0K	0.12	8.48	N/A	N/A	16,942	2,017	69,998	35,280
2013-08-09	$18.36	$21.00	54.8%	16.5%	55.8%	33.5%	57.1%	4.5%	-1.2%	848.2K	-11.3M	-245.0K	0.13	8.44	N/A	N/A	11,661	1,495	78,052	36,009
2013-08-12	$19.96	$21.00	61.5%	16.7%	62.8%	44.0%	59.8%	2.2%	-1.8%	946.2K	-23.5M	-276.3K	0.25	9.86	N/A	N/A	10,654	2,679	76,342	35,077
2013-08-13	$20.15	$21.00	57.7%	17.0%	62.8%	38.0%	59.8%	2.8%	-2.2%	899.4K	-26.7M	-281.3K	0.38	7.59	N/A	N/A	8,491	3,198	77,790	35,959
2013-08-14	$20.89	$21.00	58.9%	17.0%	56.2%	40.0%	60.4%	4.2%	-0.6%	907.4K	-35.2M	-303.1K	0.15	8.66	N/A	N/A	14,294	2,106	79,256	37,658
2013-08-15	$23.03	$20.00	70.7%	20.3%	63.8%	58.7%	71.5%	1.5%	-5.9%	767.4K	-62.0M	-362.3K	0.17	10.14	N/A	N/A	36,863	6,164	81,035	37,388
2013-08-16	$23.44	$20.00	70.9%	20.3%	63.8%	59.0%	70.1%	-0.5%	-6.4%	1.1M	-72.6M	-400.5K	0.18	10.98	N/A	N/A	22,859	4,014	92,050	41,054
2013-08-19	$23.38	$21.00	68.2%	19.6%	57.2%	54.7%	70.8%	-2.0%	-2.2%	1.1M	-48.9M	-397.6K	0.38	11.21	N/A	N/A	5,855	2,198	80,348	35,514
2013-08-20	$23.08	$21.00	67.6%	19.4%	57.7%	53.7%	70.9%	0.5%	-1.8%	1.1M	-48.0M	-401.3K	0.24	12.13	N/A	N/A	8,642	2,080	82,982	36,890
2013-08-21	$22.96	$21.00	67.9%	19.5%	56.0%	54.3%	70.1%	-0.5%	-2.6%	1.1M	-45.2M	-406.7K	0.31	13.00	N/A	N/A	6,591	2,054	84,733	38,250
2013-08-22	$23.18	$21.00	65.8%	18.9%	55.9%	50.9%	67.5%	-0.5%	-1.4%	1.2M	-48.8M	-412.0K	0.38	13.81	N/A	N/A	5,978	2,246	86,632	38,959
2013-08-23	$25.05	$21.00	68.9%	19.8%	59.2%	55.9%	70.3%	-0.9%	-2.8%	2.0M	-71.4M	-443.1K	0.13	10.82	N/A	N/A	20,773	2,693	85,291	40,434
2013-08-26	$25.72	$22.00	73.4%	21.0%	57.6%	63.0%	74.5%	0.8%	-2.7%	1.2M	-70.8M	-462.1K	0.50	12.14	N/A	N/A	12,885	6,445	83,491	38,074
2013-08-27	$25.98	$22.00	74.3%	21.3%	56.5%	64.3%	75.8%	-3.5%	-2.1%	1.4M	-77.6M	-488.8K	0.19	9.92	N/A	N/A	16,328	3,077	88,612	41,830
2013-08-28	$25.66	$22.00	74.5%	21.4%	57.6%	64.7%	76.7%	0.7%	-2.2%	1.4M	-67.8M	-488.7K	0.25	11.27	N/A	N/A	10,288	2,596	88,580	42,711
2013-08-29	$24.69	$22.00	73.1%	21.0%	59.8%	62.5%	74.7%	2.5%	-3.0%	1.4M	-56.6M	-474.9K	0.28	11.00	N/A	N/A	9,107	2,513	92,744	42,857
2013-08-30	$23.85	$22.00	72.5%	21.4%	62.8%	61.5%	76.7%	1.6%	-1.9%	1.1M	-43.0M	-463.1K	0.46	9.51	N/A	N/A	5,477	2,538	94,774	44,127