AGQ Options History — October 2018

In October 2018, AGQ traded between $22.75 and $24.35. ATM implied volatility averaged 36.7%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 6.3% (HV 20d: 30.4%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.54.

Notable Days

2018-10-17: Highest Volume — 3,454 contracts
2018-10-19: Largest IV drop — 6.0% change
2018-10-12: Highest IV Rank — 34.7%
2018-10-12: Largest Expected Move — 11.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.78	$22.75	$24.35	$23.66	$22.75
Max Pain	$23.43	$23.00	$24.00	$23.00	$23.00
ATM IV	36.7%	34.4%	39.6%	35.0%	36.9%
Expected Move	10.5%	9.9%	11.4%	10.0%	10.6%
HV 20d	30.4%	26.4%	33.1%	32.2%	29.0%
HV 60d	35.2%	34.6%	36.1%	35.3%	35.7%
IV Rank	25.5%	18.6%	34.7%	20.4%	26.3%
IV Percentile	81.4%	56.0%	96.4%	66.3%	83.3%
Term Structure	-0.6%	-5.5%	1.3%	1.3%	-0.3%
VWIV	38.0%	35.1%	41.7%	36.1%	39.9%
Skew 25d	-1.2%	-3.3%	3.0%	-1.3%	0.2%
Skew 10d	-3.9%	-11.9%	0.7%	-2.4%	-9.5%
Call IV 25d	39.0%	35.8%	48.1%	36.6%	37.5%
Put IV 25d	37.7%	35.3%	51.1%	35.3%	37.7%
Bid-Ask Spread %	37.99	14.89	77.89	26.20	17.14
Gamma HHI	0.27	0.13	0.66	0.33	0.14
Net GEX	330.5K	88.8K	839.2K	297.1K	88.8K
Net DEX	-2.6M	-4.4M	606.3K	-2.2M	606.3K
Net VEX	-27.8K	-33.4K	-20.6K	-31.0K	-20.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.54	0.28	0.94	0.68	0.44
Total Volume	2,226.348	1,370	3,454	1,691	2,018
Total OI	14,851.522	11,167	18,198	14,988	11,820

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
2018-10-01	$23.66	$23.00	35.0%	10.0%	32.2%	20.4%	36.1%	-1.3%	1.3%	297.1K	-2.2M	-31.0K	0.68	26.20	N/A	N/A	1,009	682	11,217	3,771
2018-10-02	$24.18	$23.00	35.8%	10.2%	26.6%	22.7%	35.9%	-0.4%	-0.8%	389.3K	-4.1M	-32.7K	0.50	31.91	N/A	N/A	1,305	648	11,584	3,843
2018-10-03	$24.09	$23.00	36.6%	10.5%	26.7%	25.5%	37.4%	-1.4%	-3.8%	393.3K	-3.9M	-33.4K	0.43	37.39	N/A	N/A	1,359	589	12,020	3,854
2018-10-04	$23.87	$24.00	36.0%	10.3%	27.0%	23.6%	36.3%	-2.6%	0.3%	378.4K	-3.3M	-32.1K	0.28	20.80	N/A	N/A	2,190	609	12,100	3,863
2018-10-05	$24.09	$24.00	35.1%	10.3%	27.0%	20.6%	36.3%	-2.4%	0.2%	404.3K	-3.7M	-32.5K	0.38	31.04	N/A	N/A	1,638	623	12,124	3,913
2018-10-08	$23.21	$24.00	37.0%	10.7%	30.6%	26.4%	37.9%	-1.6%	-0.7%	294.7K	-1.3M	-28.7K	0.43	42.73	N/A	N/A	1,617	700	12,399	3,974
2018-10-09	$23.22	$24.00	36.7%	10.9%	30.5%	25.6%	37.3%	-1.2%	-0.6%	306.9K	-1.4M	-28.5K	0.43	31.14	N/A	N/A	1,340	576	12,617	4,050
2018-10-10	$22.93	$24.00	37.7%	10.8%	30.3%	28.6%	38.9%	-0.4%	-0.8%	268.5K	-678.8K	-27.5K	0.54	47.02	N/A	N/A	1,244	668	12,618	4,041
2018-10-11	$23.85	$24.00	38.3%	11.0%	33.1%	30.5%	41.6%	-2.7%	-0.3%	418.1K	-3.6M	-30.4K	0.55	69.24	N/A	N/A	1,562	853	12,734	4,126
2018-10-12	$23.97	$24.00	39.6%	11.4%	32.4%	34.7%	41.7%	3.0%	-5.5%	445.4K	-3.9M	-31.1K	0.70	77.89	N/A	N/A	1,635	1,151	12,811	4,211
2018-10-15	$24.16	$24.00	38.0%	10.9%	32.2%	29.7%	39.6%	-2.1%	-0.8%	523.5K	-4.4M	-28.1K	0.94	42.70	N/A	N/A	1,301	1,228	12,748	4,014
2018-10-16	$24.08	$24.00	36.1%	10.4%	32.2%	23.8%	41.1%	-3.3%	0.6%	501.2K	-3.8M	-27.0K	0.48	43.65	N/A	N/A	2,194	1,054	12,825	4,104
2018-10-17	$23.96	$24.00	35.5%	10.2%	32.1%	21.9%	38.4%	-1.4%	0.2%	482.2K	-3.3M	-27.1K	0.43	57.14	N/A	N/A	2,414	1,040	13,709	4,103
2018-10-18	$23.78	$23.00	36.6%	10.5%	32.2%	25.4%	36.9%	-1.0%	-0.4%	442.6K	-3.8M	-27.2K	0.36	26.26	N/A	N/A	2,378	855	14,048	4,014
2018-10-19	$24.00	$23.00	34.4%	9.9%	32.3%	18.6%	35.8%	0.3%	1.2%	839.2K	-3.9M	-26.6K	0.56	27.40	N/A	N/A	1,418	800	14,092	4,106
2018-10-22	$23.78	$23.00	35.4%	10.2%	32.5%	21.7%	35.1%	-1.0%	-0.3%	149.2K	-1.4M	-24.9K	0.46	30.12	N/A	N/A	1,188	548	7,949	3,218
2018-10-23	$24.35	$23.00	36.2%	10.4%	32.4%	24.1%	36.3%	-2.6%	-0.9%	182.4K	-2.7M	-26.4K	0.50	14.89	N/A	N/A	1,256	622	7,998	3,251
2018-10-24	$24.06	$23.00	37.2%	10.7%	32.3%	27.3%	38.2%	-0.4%	-0.7%	169.0K	-2.1M	-25.8K	0.59	23.44	N/A	N/A	1,211	717	8,127	3,339
2018-10-25	$23.98	$23.00	37.2%	10.7%	31.8%	27.3%	37.3%	-2.8%	-1.0%	170.9K	-2.1M	-25.6K	0.57	44.51	N/A	N/A	1,149	654	8,198	3,251
2018-10-26	$24.20	$23.00	36.1%	10.4%	26.4%	23.8%	38.2%	-2.6%	-0.2%	183.7K	-2.5M	-26.0K	0.86	41.21	N/A	N/A	735	635	8,218	3,263
2018-10-29	$23.34	$23.00	38.1%	10.9%	28.7%	30.0%	39.5%	-1.4%	-0.3%	138.9K	-1.0M	-23.6K	0.62	70.19	N/A	N/A	1,288	799	8,212	3,319
2018-10-30	$23.40	$23.00	37.7%	10.8%	27.5%	28.8%	37.3%	0.4%	-1.2%	134.1K	-749.9K	-23.1K	0.70	19.70	N/A	N/A	1,001	705	8,414	3,375
2018-10-31	$22.75	$23.00	36.9%	10.6%	29.0%	26.3%	39.9%	0.2%	-0.3%	88.8K	606.3K	-20.6K	0.44	17.14	N/A	N/A	1,398	620	8,418	3,402