AGQ Options History — July 2018

In July 2018, AGQ traded between $26.75 and $29.64. ATM implied volatility averaged 32.0%, placing in the 10.8% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 0.7% (HV 20d: 31.2%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2018-07-20: Highest Volume — 2,003 contracts
  • 2018-07-11: Largest IV spike — 11.7% change
  • 2018-07-19: Highest IV Rank — 23.0%
  • 2018-07-19: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.13$26.75$29.64$28.80$27.55
Max Pain$28.71$28.00$30.00$30.00$28.00
ATM IV32.0%28.4%35.9%32.6%30.0%
Expected Move9.2%8.2%10.3%9.3%8.6%
HV 20d31.2%24.9%37.1%37.1%27.7%
HV 60d30.9%29.2%32.6%32.6%29.6%
IV Rank10.8%0.0%23.0%10.6%5.0%
IV Percentile19.0%0.0%66.7%19.0%1.6%
Term Structure0.6%-0.8%3.7%0.3%-0.1%
VWIV33.4%29.4%37.0%34.1%31.4%
Skew 25d-0.9%-3.5%3.1%-1.3%3.1%
Skew 10d-3.8%-9.5%1.4%-4.8%1.4%
Call IV 25d34.0%28.3%37.4%35.3%28.3%
Put IV 25d33.1%30.5%36.5%34.0%31.4%
Bid-Ask Spread %30.9918.9862.0732.2962.07
Gamma HHI0.190.100.300.240.12
Net GEX239.1K-16.5K587.3K354.7K108.4K
Net DEX1.1M-1.8M5.1M478.7K-295.4K
Net VEX-30.0K-37.5K-25.0K-35.5K-27.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.450.930.590.83
Total Volume1,668.3331,3862,0031,7731,683
Total OI13,243.3819,51616,55813,49810,460

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$28.80$30.0032.6%9.3%37.1%10.6%34.1%-1.3%0.3%354.7K478.7K-35.5K0.5932.29N/AN/A1,1156589,3404,158
2018-07-03$29.13$30.0032.1%9.2%37.1%9.2%32.3%-2.1%-0.1%442.8K-819.5K-37.5K0.6622.97N/AN/A8835819,7024,171
2018-07-05$29.37$29.0028.4%9.1%36.2%0.0%32.2%0.1%0.6%487.9K-1.1M-37.2K0.6059.49N/AN/A9735879,7214,174
2018-07-06$29.33$29.0031.1%9.0%36.1%8.3%32.5%-2.4%1.3%510.4K-850.0K-35.0K0.8018.98N/AN/A1,0228189,8364,214
2018-07-09$29.64$29.0031.4%9.2%36.3%9.1%33.3%-2.0%0.4%587.3K-1.8M-35.5K0.8720.78N/AN/A9548329,9094,377
2018-07-10$29.49$29.0030.0%9.1%35.2%5.0%33.7%-1.1%0.3%563.9K-628.6K-33.2K0.7426.94N/AN/A9366929,9404,471
2018-07-11$28.49$30.0033.5%9.6%36.7%15.8%36.2%-3.5%0.2%321.8K1.9M-30.1K0.4521.30N/AN/A1,3365969,9644,493
2018-07-12$29.04$29.0032.6%9.4%35.8%13.0%34.6%-2.1%0.6%484.0K503.0K-32.2K0.5226.98N/AN/A1,13358410,4014,632
2018-07-13$28.54$29.0032.3%9.3%35.0%12.1%34.0%-0.5%0.8%276.2K2.6M-28.7K0.6239.16N/AN/A1,05165310,4244,683
2018-07-16$28.46$29.0032.8%9.4%24.9%13.4%33.9%-0.1%-0.2%262.0K2.7M-27.8K0.7323.07N/AN/A92867410,6724,759
2018-07-17$27.68$29.0033.0%9.5%26.0%14.2%34.6%-1.4%1.4%105.5K4.1M-25.0K0.7423.27N/AN/A96971410,7154,772
2018-07-18$27.56$29.0032.6%9.4%25.5%13.0%34.0%-1.5%1.6%43.0K4.4M-25.7K0.6420.63N/AN/A1,02265410,9674,844
2018-07-19$26.75$28.0035.9%10.3%27.0%23.0%37.0%-0.5%-0.8%-16.5K5.1M-25.1K0.5828.18N/AN/A1,26473611,1484,864
2018-07-20$27.36$28.0034.2%9.8%28.7%17.8%35.5%-1.1%0.4%68.9K3.6M-27.9K0.6619.84N/AN/A1,20879511,6384,920
2018-07-23$26.97$28.0034.2%9.8%27.3%17.9%35.4%1.3%-0.6%55.7K920.4K-26.9K0.6549.86N/AN/A8415456,0283,488
2018-07-24$27.25$28.0032.6%9.3%27.7%12.9%33.5%-0.6%-0.3%70.0K524.2K-27.9K0.7120.00N/AN/A8856306,1113,542
2018-07-25$27.72$28.0032.9%9.4%28.8%14.0%33.7%0.2%-0.7%90.3K-118.6K-28.3K0.8036.11N/AN/A8036416,2793,630
2018-07-26$26.98$28.0031.1%8.9%28.8%8.4%29.9%-1.5%0.9%56.2K764.0K-27.3K0.9322.00N/AN/A7787276,3073,774
2018-07-27$27.24$28.0029.5%8.5%29.2%3.4%29.5%-0.7%2.3%75.6K474.5K-29.8K0.8555.48N/AN/A8337066,4273,831
2018-07-30$27.31$28.0028.5%8.2%28.8%0.2%29.4%-1.0%3.7%73.8K467.2K-26.2K0.7521.41N/AN/A9116846,4753,850
2018-07-31$27.55$28.0030.0%8.6%27.7%5.0%31.4%3.1%-0.1%108.4K-295.4K-27.5K0.8362.07N/AN/A9187656,6083,852