AGQ Options History — February 2018

In February 2018, AGQ traded between $31.20 and $34.88. ATM implied volatility averaged 39.2%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 4.7% (HV 20d: 43.8%). Max pain ranged from $32.00 to $33.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 1.26.

Notable Days

  • 2018-02-20: Highest Volume — 2,505 contracts
  • 2018-02-07: Largest IV drop — 38.4% change
  • 2018-02-06: Highest IV Rank — 100.0%
  • 2018-02-08: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.23$31.20$34.88$34.88$31.38
Max Pain$32.05$32.00$33.00$33.00$32.00
ATM IV39.2%33.0%60.8%35.7%33.0%
Expected Move10.8%9.5%12.5%10.3%9.5%
HV 20d43.8%33.3%47.4%33.3%41.2%
HV 60d35.2%32.4%36.3%32.4%34.9%
IV Rank32.8%12.0%100.0%25.4%12.0%
IV Percentile61.9%11.9%100.0%43.3%11.9%
Term Structure0.2%-3.9%2.6%0.6%1.3%
VWIV39.4%34.3%44.6%36.4%34.3%
Skew 25d-4.2%-15.8%-0.4%-3.9%-3.2%
Skew 10d-7.7%-10.9%-3.0%-8.4%-3.3%
Call IV 25d41.5%35.8%59.2%39.1%36.2%
Put IV 25d37.2%33.1%43.3%35.2%33.1%
Bid-Ask Spread %36.4620.8479.1121.3425.71
Gamma HHI0.150.110.300.180.11
Net GEX189.3K64.7K394.0K353.5K130.9K
Net DEX-2.4M-7.3M823.6K-7.3M-1.7M
Net VEX-37.4K-40.8K-32.6K-38.5K-39.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.472.372.371.27
Total Volume1,823.4211,4582,5051,7151,465
Total OI10,6218,77711,51510,08610,843

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$34.88$33.0035.7%10.3%33.3%25.4%36.4%-3.9%0.6%353.5K-7.3M-38.5K2.3721.34N/AN/A5091,2066,1833,903
2018-02-02$32.20$32.0037.6%10.6%43.7%32.8%40.0%-3.4%-0.4%191.1K-1.7M-36.2K1.1721.86N/AN/A9421,1036,1943,897
2018-02-05$32.76$32.0048.0%11.7%44.4%73.3%43.3%-3.8%2.6%240.7K-3.2M-39.8K1.8779.11N/AN/A7791,4586,4144,018
2018-02-06$32.29$32.0060.8%10.8%44.5%100.0%39.3%-3.2%0.9%162.6K-1.8M-38.7K1.2951.07N/AN/A8931,1486,3934,346
2018-02-07$31.28$32.0037.4%10.7%45.5%26.0%40.7%-7.3%0.9%64.7K681.7K-35.7K1.4331.23N/AN/A8081,1596,4444,350
2018-02-08$31.46$32.0043.7%12.5%45.6%45.7%44.6%-15.8%-3.9%98.2K-161.7K-37.2K1.5548.19N/AN/A7521,1656,6314,334
2018-02-09$31.20$32.0040.0%11.5%45.6%34.2%43.1%-1.1%0.2%83.6K823.6K-35.1K1.2643.55N/AN/A7779816,7264,308
2018-02-12$32.00$32.0038.4%11.0%44.7%29.0%41.0%-3.1%-0.0%135.6K-847.0K-37.0K1.0833.85N/AN/A7788406,7804,310
2018-02-13$32.15$32.0038.8%11.1%44.8%30.3%41.9%-4.3%0.1%134.5K-1.1M-35.5K0.9933.52N/AN/A8438386,9454,341
2018-02-14$33.30$32.0040.4%11.6%46.2%35.4%44.6%-5.1%-0.4%337.6K-4.1M-37.0K0.9433.65N/AN/A9348786,9834,335
2018-02-15$33.37$32.0038.7%11.1%46.1%30.0%40.8%-4.7%0.6%394.0K-4.3M-35.6K0.8538.25N/AN/A1,0188617,0034,348
2018-02-16$32.57$32.0038.7%11.1%46.7%30.2%39.3%-4.4%-0.8%148.4K-2.0M-35.7K0.8347.03N/AN/A1,0678827,1404,375
2018-02-20$31.74$32.0037.8%10.8%47.4%27.3%40.5%-3.6%0.9%117.7K-1.1M-32.6K0.4728.62N/AN/A1,7067995,2893,488
2018-02-21$31.75$32.0036.6%10.5%47.4%23.3%37.7%-0.4%0.3%186.2K-3.4M-39.3K0.9641.71N/AN/A8498136,4143,629
2018-02-22$32.25$32.0035.3%10.1%42.0%19.1%37.0%-3.8%0.7%221.2K-4.1M-40.8K1.2729.38N/AN/A7209126,4843,641
2018-02-23$31.93$32.0033.1%9.5%41.1%12.1%34.5%-3.2%1.4%196.9K-3.3M-40.6K1.4120.84N/AN/A6068526,5013,820
2018-02-26$32.36$32.0035.0%10.0%41.2%18.4%35.0%-1.5%-2.1%228.0K-4.1M-37.2K1.1422.03N/AN/A7708776,5633,846
2018-02-27$31.52$32.0034.9%10.0%41.2%18.1%35.2%-4.7%0.5%170.4K-2.5M-38.6K1.8141.86N/AN/A5901,0676,6603,920
2018-02-28$31.38$32.0033.0%9.5%41.2%12.0%34.3%-3.2%1.3%130.9K-1.7M-39.3K1.2725.71N/AN/A6458206,7094,134