AGQ Options History — December 2018

In December 2018, AGQ traded between $22.93 and $26.44. ATM implied volatility averaged 36.0%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 7.3% (HV 20d: 28.6%). Max pain ranged from $22.00 to $24.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2018-12-12: Highest Volume — 2,230 contracts
  • 2018-12-24: Largest IV spike — 9.7% change
  • 2018-12-27: Highest IV Rank — 39.2%
  • 2018-12-27: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.06$22.93$26.44$22.93$26.44
Max Pain$22.80$22.00$24.00$24.00$23.00
ATM IV36.0%33.0%41.1%36.2%35.7%
Expected Move10.3%9.5%11.8%10.4%10.2%
HV 20d28.6%26.4%32.4%31.7%26.5%
HV 60d32.3%31.4%32.8%32.1%32.2%
IV Rank23.3%14.2%39.2%24.0%22.6%
IV Percentile63.9%32.1%97.6%70.6%64.3%
Term Structure1.8%-0.8%12.0%-0.2%2.1%
VWIV36.9%33.0%43.6%38.2%37.6%
Skew 25d-3.6%-7.0%-1.5%-1.5%-5.7%
Skew 10d-9.0%-17.4%-0.2%-5.5%-10.8%
Call IV 25d38.8%35.2%44.7%38.9%39.7%
Put IV 25d35.3%32.3%39.2%37.4%34.1%
Bid-Ask Spread %74.7262.7497.1786.2962.74
Gamma HHI0.190.140.300.140.15
Net GEX185.5K41.8K344.7K41.8K293.3K
Net DEX-2.7M-7.3M390.9K390.9K-7.3M
Net VEX-17.3K-22.4K-12.9K-17.8K-21.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.051.150.230.14
Total Volume991.41052,230380873
Total OI10,7245,29512,58711,6057,253

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$22.93$24.0036.2%10.4%31.7%24.0%38.2%-1.5%-0.2%41.8K390.9K-17.8K0.2386.29N/AN/A309717,7583,847
2018-12-04$23.42$24.0036.3%10.4%32.4%24.4%36.6%-2.1%0.4%77.0K-675.8K-18.4K0.3184.01N/AN/A6111897,9863,894
2018-12-05$23.40$24.0037.5%10.8%31.8%28.1%37.8%-2.2%-0.8%77.0K-681.1K-18.1K0.3186.03N/AN/A6111897,9863,894
2018-12-06$23.25$22.0036.4%10.3%31.7%24.7%36.9%-3.1%1.9%84.3K-381.9K-18.1K0.1269.31N/AN/A94118,2043,870
2018-12-07$23.57$22.0035.0%10.2%31.4%20.3%36.5%-2.9%0.4%105.1K-1.0M-17.2K0.4986.23N/AN/A4412168,1813,906
2018-12-10$23.39$22.0036.9%10.2%28.8%26.3%35.5%-3.3%1.5%123.3K-966.7K-16.9K0.7467.38N/AN/A6394718,5933,878
2018-12-11$23.48$22.0036.4%10.1%27.0%24.7%36.1%-2.2%1.3%170.8K-1.5M-17.1K1.0368.07N/AN/A4594718,6363,635
2018-12-12$24.11$22.0034.7%9.9%27.9%19.3%35.0%-2.8%1.4%238.8K-3.1M-17.2K0.7865.79N/AN/A1,2549768,7753,638
2018-12-13$24.14$22.0033.0%9.5%27.1%14.2%33.0%-2.8%2.4%258.3K-3.6M-16.8K1.1573.21N/AN/A8519788,7513,244
2018-12-14$23.53$22.0033.6%9.6%28.1%16.0%33.5%-3.2%2.4%215.5K-2.0M-16.0K0.6875.54N/AN/A9926758,8263,241
2018-12-17$23.80$23.0034.4%9.9%28.0%18.5%34.6%-3.0%1.3%258.0K-2.7M-15.4K0.3177.65N/AN/A3721178,8503,249
2018-12-18$23.71$23.0034.9%10.0%28.0%20.2%36.7%-2.5%2.2%248.8K-2.6M-15.6K0.4970.72N/AN/A2761349,0353,237
2018-12-19$23.55$23.0033.5%9.6%27.5%15.7%34.5%-2.6%12.0%235.4K-2.1M-12.9K0.1897.17N/AN/A8451539,0893,232
2018-12-20$24.11$23.0033.1%9.5%27.5%14.6%34.4%-3.8%2.9%344.7K-3.8M-15.6K0.3076.05N/AN/A7692289,2923,268
2018-12-21$23.62$23.0034.3%9.8%26.4%18.1%35.0%-3.1%2.3%128.8K-2.0M-14.6K0.4379.26N/AN/A7813369,3633,224
2018-12-24$24.13$23.0037.6%10.8%27.1%28.4%39.7%-5.9%3.1%141.2K-3.0M-15.9K0.3463.36N/AN/A6952384,0771,218
2018-12-26$24.94$23.0039.9%11.4%27.8%35.6%43.1%-6.3%0.2%166.2K-4.1M-17.4K0.0570.40N/AN/A1,370724,3661,256
2018-12-27$25.60$23.0041.1%11.8%27.9%39.2%43.6%-5.2%-0.4%236.5K-5.6M-20.9K0.1566.61N/AN/A9861465,3261,295
2018-12-28$26.03$23.0038.6%11.1%28.1%31.5%40.1%-7.0%0.4%265.4K-6.6M-22.4K0.1868.62N/AN/A7851445,7461,361
2018-12-31$26.44$23.0035.7%10.2%26.5%22.6%37.6%-5.7%2.1%293.3K-7.3M-21.9K0.1462.74N/AN/A7671065,8631,390