AGQ Options History — October 2013

In October 2013, AGQ traded between $19.11 and $21.79. ATM implied volatility averaged 66.3%, placing in the 51.7% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 3.2% (HV 20d: 63.0%). Max pain ranged from $17.50 to $24.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.49.

Notable Days

2013-10-01: Highest Volume — 17,229 contracts
2013-10-03: Largest IV drop — 13.7% change
2013-10-01: Highest IV Rank — 86.7%
2013-10-09: Largest Expected Move — 20.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.51	$19.11	$21.79	$19.11	$20.29
Max Pain	$20.55	$17.50	$24.00	$21.00	$20.00
ATM IV	66.3%	57.6%	88.4%	88.4%	58.0%
Expected Move	18.6%	16.5%	20.8%	20.4%	16.6%
HV 20d	63.0%	39.2%	86.3%	85.0%	47.4%
HV 60d	70.2%	68.2%	74.2%	73.6%	70.5%
IV Rank	51.7%	38.0%	86.7%	86.7%	38.5%
IV Percentile	65.6%	45.6%	98.8%	98.8%	46.0%
Term Structure	-1.4%	-3.8%	0.6%	-3.2%	-0.4%
VWIV	66.5%	58.3%	73.6%	73.6%	60.6%
Skew 25d	1.1%	-0.8%	3.2%	3.2%	2.5%
Skew 10d	2.9%	-1.8%	7.8%	2.2%	2.5%
Call IV 25d	66.6%	57.8%	74.5%	73.1%	57.8%
Put IV 25d	67.8%	60.2%	76.2%	76.2%	60.4%
Bid-Ask Spread %	15.66	9.98	30.10	15.23	19.06
Gamma HHI	0.09	0.05	0.25	0.05	0.17
Net GEX	824.2K	-90.4K	1.9M	299.4K	1.5M
Net DEX	-10.5M	-38.0M	15.3M	9.6M	-6.2M
Net VEX	-363.1K	-398.6K	-327.0K	-327.0K	-340.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.49	0.08	1.11	1.09	0.71
Total Volume	8,723.957	3,191	17,229	17,229	7,059
Total OI	130,532.652	117,106	146,969	119,156	132,540

Daily Data (23 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
2013-10-01	$19.11	$21.00	88.4%	20.4%	85.0%	86.7%	73.6%	3.2%	-3.2%	299.4K	9.6M	-327.0K	1.09	15.23	N/A	N/A	8,255	8,974	78,588	40,568
2013-10-02	$20.10	$21.00	79.8%	19.7%	86.1%	73.0%	70.0%	1.7%	-1.8%	461.3K	-115.9K	-371.3K	0.75	12.42	N/A	N/A	4,852	3,626	81,859	46,461
2013-10-03	$20.07	$0.00	68.9%	19.7%	85.8%	55.8%	71.4%	0.5%	-1.6%	543.1K	-210.1K	-376.0K	0.42	9.98	N/A	N/A	2,243	948	83,024	47,972
2013-10-04	$20.09	$17.50	68.9%	19.8%	83.1%	55.8%	70.3%	1.0%	-2.1%	673.1K	-836.6K	-371.5K	0.26	10.89	N/A	N/A	4,016	1,046	83,256	47,926
2013-10-07	$21.24	$18.50	70.2%	20.1%	86.3%	57.9%	71.0%	0.7%	-2.5%	469.4K	-10.9M	-396.8K	0.62	11.83	N/A	N/A	10,279	6,415	79,600	45,515
2013-10-08	$21.16	$22.00	72.5%	20.8%	83.7%	61.4%	71.6%	-0.8%	-3.8%	783.3K	-13.3M	-398.6K	0.19	12.98	N/A	N/A	2,709	524	83,898	46,368
2013-10-09	$20.36	$22.00	72.6%	20.8%	84.3%	61.7%	73.5%	1.2%	-2.4%	591.0K	-1.8M	-376.1K	0.55	12.61	N/A	N/A	2,654	1,463	84,868	46,424
2013-10-10	$19.87	$0.00	69.5%	20.0%	74.4%	56.8%	69.6%	0.4%	-1.0%	463.6K	5.3M	-360.4K	0.71	10.52	N/A	N/A	2,512	1,777	85,850	47,060
2013-10-11	$19.30	$24.00	68.5%	19.9%	73.8%	55.2%	70.0%	2.3%	-2.3%	14.9K	15.3M	-339.0K	1.11	16.87	N/A	N/A	3,991	4,420	86,598	47,746
2013-10-14	$19.24	$20.00	68.2%	19.2%	72.2%	54.6%	69.0%	2.3%	-1.7%	-90.4K	15.3M	-337.5K	0.13	17.00	N/A	N/A	7,834	1,034	82,252	48,947
2013-10-15	$19.29	$20.00	67.4%	19.2%	72.2%	53.5%	68.3%	1.1%	-1.8%	186.8K	11.8M	-344.8K	0.24	17.71	N/A	N/A	5,992	1,454	86,643	49,404
2013-10-16	$19.19	$20.00	65.0%	18.6%	56.2%	49.6%	68.6%	1.0%	-0.8%	260.3K	13.0M	-331.7K	0.39	12.55	N/A	N/A	3,444	1,335	88,951	49,957
2013-10-17	$20.17	$20.00	63.6%	18.2%	59.9%	47.5%	64.4%	0.2%	0.6%	863.4K	-6.0M	-351.6K	0.24	14.68	N/A	N/A	10,324	2,473	89,379	49,862
2013-10-18	$20.32	$20.00	62.8%	18.0%	43.3%	46.1%	65.7%	1.3%	-0.1%	1.9M	-17.4M	-353.5K	0.43	12.01	N/A	N/A	10,549	4,514	96,044	50,925
2013-10-21	$20.87	$19.50	63.1%	18.3%	43.6%	46.6%	63.1%	0.1%	-1.2%	772.1K	-18.1M	-358.3K	0.72	17.85	N/A	N/A	5,308	3,829	77,228	39,878
2013-10-22	$21.79	$20.00	61.6%	17.7%	45.8%	44.2%	63.1%	0.3%	-1.0%	916.0K	-32.4M	-379.4K	0.27	16.36	N/A	N/A	8,840	2,413	80,655	42,291
2013-10-23	$21.55	$21.00	61.0%	17.5%	46.1%	43.3%	62.6%	1.1%	-1.7%	1.3M	-34.6M	-375.4K	0.69	13.75	N/A	N/A	3,416	2,372	86,247	43,458
2013-10-24	$21.76	$21.00	60.6%	17.4%	46.1%	42.7%	61.7%	1.5%	-0.3%	1.3M	-38.0M	-380.7K	0.68	22.32	N/A	N/A	8,602	5,887	86,628	43,241
2013-10-25	$21.47	$21.00	59.5%	17.2%	46.5%	41.0%	61.5%	1.0%	-1.3%	898.6K	-37.7M	-370.3K	0.08	18.84	N/A	N/A	12,202	994	91,253	42,625
2013-10-28	$21.38	$21.00	58.7%	16.7%	46.4%	39.7%	61.0%	-0.1%	-0.4%	1.4M	-28.8M	-372.5K	0.36	16.98	N/A	N/A	3,437	1,243	85,278	38,954
2013-10-29	$21.39	$21.00	58.4%	16.7%	42.4%	39.2%	60.5%	1.8%	0.1%	1.6M	-29.3M	-368.3K	0.26	17.59	N/A	N/A	3,328	881	87,147	39,882
2013-10-30	$21.78	$21.00	57.6%	16.5%	39.2%	38.0%	58.3%	1.9%	-1.8%	1.7M	-36.7M	-371.9K	0.31	30.10	N/A	N/A	8,505	2,678	88,587	40,414
2013-10-31	$20.29	$20.00	58.0%	16.6%	47.4%	38.5%	60.6%	2.5%	-0.4%	1.5M	-6.2M	-340.0K	0.71	19.06	N/A	N/A	4,137	2,922	90,703	41,837