AGQ Options History — April 2018

In April 2018, AGQ traded between $30.88 and $34.51. ATM implied volatility averaged 35.3%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 1.5% (HV 20d: 33.8%). Max pain ranged from $30.00 to $31.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2018-04-20: Highest Volume — 2,842 contracts
  • 2018-04-03: Largest IV drop — 8.1% change
  • 2018-04-11: Highest IV Rank — 28.2%
  • 2018-04-11: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.10$30.88$34.51$32.00$30.88
Max Pain$30.14$30.00$31.00$31.00$30.00
ATM IV35.3%33.5%38.1%36.6%34.5%
Expected Move10.1%9.5%10.9%10.5%9.9%
HV 20d33.8%30.5%37.6%34.6%35.5%
HV 60d36.2%35.2%37.1%35.7%36.3%
IV Rank19.4%13.7%28.2%23.3%16.9%
IV Percentile45.8%21.4%76.6%61.1%36.5%
Term Structure0.3%-1.3%1.4%-0.9%-1.3%
VWIV37.3%33.2%41.4%37.9%35.7%
Skew 25d-5.4%-6.9%-3.7%-4.3%-3.7%
Skew 10d-11.6%-16.3%-8.0%-8.0%-9.7%
Call IV 25d39.5%36.8%43.1%40.8%37.6%
Put IV 25d34.1%32.2%36.7%36.5%33.9%
Bid-Ask Spread %40.0424.5665.5833.3565.58
Gamma HHI0.150.130.310.130.21
Net GEX294.0K193.0K476.8K233.1K305.0K
Net DEX-6.5M-13.9M-3.0M-5.9M-3.5M
Net VEX-33.7K-36.9K-30.2K-36.9K-34.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.270.950.610.95
Total Volume1,702.3811,2782,8421,3091,958
Total OI10,902.5249,40612,24510,15411,112

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$32.00$31.0036.6%10.5%34.6%23.3%37.9%-4.3%-0.9%233.1K-5.9M-36.9K0.6133.35N/AN/A8154946,5013,653
2018-04-03$31.29$31.0033.6%9.6%35.4%13.9%36.7%-4.1%0.1%220.4K-4.0M-34.8K0.8239.62N/AN/A7906486,5463,646
2018-04-04$30.91$31.0033.8%9.7%32.6%14.5%35.3%-5.1%0.3%193.0K-3.0M-36.3K0.9243.56N/AN/A7607006,6833,874
2018-04-05$31.23$30.0033.5%9.5%31.1%13.7%33.2%-4.7%0.6%219.7K-4.1M-35.3K0.9338.49N/AN/A7406896,7293,840
2018-04-06$31.12$30.0033.8%9.5%31.1%14.6%34.9%-4.9%1.1%209.9K-3.8M-35.6K0.6624.56N/AN/A7725066,7073,863
2018-04-09$31.64$30.0036.3%10.0%31.5%22.3%37.8%-5.8%0.3%240.5K-5.0M-34.6K0.3938.39N/AN/A1,2144786,8283,896
2018-04-10$31.94$30.0036.6%10.3%31.7%23.4%38.3%-4.4%0.7%270.3K-6.2M-34.8K0.4736.05N/AN/A1,1035186,9353,899
2018-04-11$32.25$30.0038.1%10.9%31.8%28.2%41.4%-6.4%0.7%275.8K-7.3M-34.8K0.5959.84N/AN/A1,1917017,0323,939
2018-04-12$31.45$30.0035.2%10.1%33.1%19.0%38.8%-5.5%0.5%256.3K-5.1M-35.2K0.5655.85N/AN/A9745507,4244,120
2018-04-13$32.17$30.0034.3%9.8%33.3%16.1%39.4%-6.4%1.0%296.7K-7.0M-34.2K0.5630.20N/AN/A9585367,4164,160
2018-04-16$32.27$30.0035.3%10.1%33.1%19.4%40.8%-6.9%-0.7%334.1K-7.4M-32.2K0.6427.93N/AN/A8295327,4894,162
2018-04-17$32.70$30.0035.6%10.2%33.3%20.1%37.7%-6.7%0.3%391.7K-8.8M-31.0K0.7728.54N/AN/A9757497,5254,137
2018-04-18$34.16$30.0036.4%10.4%35.6%22.9%37.1%-6.9%1.1%476.8K-13.2M-30.2K0.4430.95N/AN/A1,5676827,6264,106
2018-04-19$34.51$30.0037.8%10.8%31.6%27.0%38.7%-5.3%-0.7%424.4K-13.9M-30.6K0.5859.50N/AN/A1,1276567,8044,280
2018-04-20$33.98$30.0036.3%10.4%30.5%22.3%36.0%-5.8%0.8%446.1K-12.4M-30.2K0.2725.88N/AN/A2,2396037,9524,293
2018-04-23$32.00$30.0035.9%10.3%37.6%21.2%38.4%-5.2%-0.5%271.6K-5.6M-30.9K0.7733.77N/AN/A1,0758246,2503,156
2018-04-24$32.42$30.0034.5%9.9%37.4%16.6%38.5%-6.2%0.7%281.0K-6.4M-34.5K0.7443.67N/AN/A9957326,6873,377
2018-04-25$31.79$30.0035.9%10.3%37.5%21.1%37.6%-5.8%-0.1%270.8K-5.1M-33.0K0.7325.69N/AN/A8516236,8013,431
2018-04-26$31.70$30.0034.3%9.8%36.0%15.9%35.4%-5.6%0.8%274.3K-4.8M-32.9K0.5752.04N/AN/A1,0986226,8183,518
2018-04-27$31.62$30.0033.7%9.7%36.0%14.3%33.7%-4.5%1.4%281.8K-4.6M-34.4K0.4947.36N/AN/A1,2636137,1173,621
2018-04-30$30.88$30.0034.5%9.9%35.5%16.9%35.7%-3.7%-1.3%305.0K-3.5M-34.8K0.9565.58N/AN/A1,0029567,4603,652