AGQ Options History — January 2019

In January 2019, AGQ traded between $25.63 and $28.20. ATM implied volatility averaged 32.3%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 5.7% (HV 20d: 26.6%). Max pain ranged from $21.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.24.

Notable Days

  • 2019-01-03: Highest Volume — 1,629 contracts
  • 2019-01-31: Largest IV drop — 15.8% change
  • 2019-01-02: Highest IV Rank — 26.6%
  • 2019-01-03: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.79$25.63$28.20$26.52$28.20
Max Pain$24.43$21.00$25.00$24.00$21.00
ATM IV32.3%28.6%37.0%37.0%29.0%
Expected Move9.3%8.2%10.9%10.6%8.6%
HV 20d26.6%24.6%28.4%25.7%27.7%
HV 60d31.0%28.8%32.2%32.2%28.8%
IV Rank12.0%0.6%26.6%26.6%1.9%
IV Percentile24.1%0.8%78.2%78.2%1.2%
Term Structure1.4%0.2%6.2%1.5%6.2%
VWIV32.6%29.1%39.1%37.4%29.6%
Skew 25d-3.5%-7.4%1.1%-5.3%-6.2%
Skew 10d-9.2%-15.2%-1.1%-7.4%-7.9%
Call IV 25d35.0%30.2%44.0%40.3%36.3%
Put IV 25d31.6%27.8%36.6%35.1%30.1%
Bid-Ask Spread %80.9460.16125.3363.4690.45
Gamma HHI0.190.140.240.140.16
Net GEX398.1K283.2K505.5K290.6K421.6K
Net DEX-8.2M-10.4M-4.6M-7.2M-10.3M
Net VEX-27.9K-32.0K-21.7K-21.7K-27.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.040.510.100.23
Total Volume888.7142601,6291,060799
Total OI9,360.7147,26411,0407,2648,462

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$26.52$24.0037.0%10.6%25.7%26.6%37.4%-5.3%1.5%290.6K-7.2M-21.7K0.1063.46N/AN/A961995,8641,400
2019-01-03$27.29$24.0036.5%10.9%26.3%25.2%39.1%-7.4%1.2%331.6K-9.0M-24.3K0.0860.16N/AN/A1,5061236,5081,406
2019-01-04$27.03$24.0033.7%10.2%26.9%16.2%37.0%-4.5%0.8%392.1K-9.5M-28.8K0.1666.80N/AN/A1,1611877,4931,426
2019-01-07$26.89$24.0034.7%10.1%26.8%19.5%36.0%-5.1%1.1%430.6K-9.6M-30.9K0.1168.84N/AN/A419478,0811,452
2019-01-08$26.92$24.0034.3%9.7%26.8%18.1%34.2%-3.7%0.6%442.9K-9.6M-30.7K0.1476.34N/AN/A476678,2351,480
2019-01-09$27.25$24.0033.5%9.6%26.3%15.8%32.9%-4.4%0.9%463.3K-10.4M-31.2K0.5175.10N/AN/A8014108,3011,487
2019-01-10$26.65$24.0032.5%9.3%28.4%12.7%33.6%-4.3%1.5%467.4K-9.2M-32.0K0.5079.51N/AN/A7903958,8731,729
2019-01-11$26.69$24.0032.2%9.2%27.4%11.9%32.2%-2.6%1.8%478.7K-9.3M-31.9K0.4979.09N/AN/A8544158,8791,732
2019-01-14$26.81$25.0032.9%9.4%27.3%14.0%31.7%-3.6%0.9%499.8K-9.5M-30.8K0.4570.89N/AN/A179818,9661,755
2019-01-15$26.70$25.0031.8%9.1%25.1%10.6%30.8%-2.3%1.6%505.5K-9.2M-30.6K0.1779.61N/AN/A558969,0681,792
2019-01-16$26.66$25.0031.5%9.0%25.2%9.6%31.6%-3.5%1.1%499.1K-9.0M-29.7K0.2783.62N/AN/A3911049,1621,818
2019-01-17$26.43$25.0031.1%8.9%25.5%8.3%30.8%-3.4%1.2%467.6K-8.4M-29.2K0.2788.01N/AN/A4221159,1791,827
2019-01-18$25.74$25.0030.4%8.7%27.6%6.2%30.2%-2.9%1.1%283.2K-6.3M-26.4K0.3488.17N/AN/A1,1433859,2071,833
2019-01-22$25.70$25.0030.9%8.9%26.7%7.7%31.7%-2.3%1.1%293.9K-5.0M-25.8K0.1387.09N/AN/A328427,4581,207
2019-01-23$25.79$25.0029.2%8.4%25.2%2.6%29.7%-2.3%2.0%291.8K-5.1M-25.4K0.0785.71N/AN/A546367,3201,243
2019-01-24$25.63$25.0028.6%8.2%24.6%0.6%29.1%-2.5%2.4%293.6K-4.6M-24.2K0.0485.82N/AN/A888377,4311,258
2019-01-25$26.97$25.0031.5%9.0%28.1%9.5%31.6%-3.2%0.2%368.2K-7.1M-27.5K0.0783.29N/AN/A1,468987,3861,263
2019-01-28$27.12$25.0031.2%8.9%26.9%8.6%31.1%-1.4%0.6%359.1K-7.2M-25.7K0.3982.19N/AN/A223886,8621,285
2019-01-29$27.39$25.0031.0%8.9%26.5%8.0%30.7%-3.3%0.7%387.2K-8.2M-26.4K0.1480.36N/AN/A1,0541466,9601,321
2019-01-30$28.17$25.0034.5%9.9%27.7%18.7%34.0%1.1%0.6%392.6K-9.1M-25.2K0.27125.33N/AN/A5691566,8391,327
2019-01-31$28.20$21.0029.0%8.6%27.7%1.9%29.6%-6.2%6.2%421.6K-10.3M-27.9K0.2390.45N/AN/A6501497,0671,395