AGQ Options History — March 2019

In March 2019, AGQ traded between $24.13 and $25.97. ATM implied volatility averaged 28.5%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 6.2% (HV 20d: 34.7%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.73.

Notable Days

  • 2019-03-15: Highest Volume — 1,186 contracts
  • 2019-03-04: Largest IV spike — 29.6% change
  • 2019-03-20: Highest IV Rank — 32.6%
  • 2019-03-13: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.14$24.13$25.97$24.89$24.48
Max Pain$24.55$24.00$25.00$24.00$24.00
ATM IV28.5%22.8%33.3%22.8%27.6%
Expected Move8.3%6.5%8.7%6.5%8.0%
HV 20d34.7%31.3%38.4%31.8%31.7%
HV 60d30.2%29.3%31.1%29.4%30.5%
IV Rank17.6%0.0%32.6%0.0%14.8%
IV Percentile7.9%0.0%42.9%0.0%4.4%
Term Structure2.2%-6.2%25.3%25.3%0.7%
VWIV29.2%26.5%31.8%29.3%28.9%
Skew 25d-1.6%-3.3%-0.5%-1.8%-0.9%
Skew 10d-4.7%-14.8%6.9%-8.1%-7.7%
Call IV 25d29.7%28.3%31.2%28.8%29.4%
Put IV 25d28.1%27.0%29.4%27.1%28.5%
Bid-Ask Spread %71.8145.26113.05113.0582.49
Gamma HHI0.170.110.400.150.15
Net GEX175.7K97.8K302.0K170.4K126.9K
Net DEX-2.3M-3.9M-622.7K-3.2M-1.2M
Net VEX-19.6K-22.4K-17.1K-22.0K-18.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.072.380.210.42
Total Volume568.905981,1861,161716
Total OI8,395.8575,67610,5359,1747,270

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$24.89$24.0022.8%6.5%31.8%0.0%29.3%-1.8%25.3%170.4K-3.2M-22.0K0.21113.05N/AN/A9621997,5431,631
2019-03-04$24.55$24.0029.6%8.5%31.6%21.1%29.4%-0.8%2.6%147.9K-2.0M-18.0K0.3283.62N/AN/A280897,8461,613
2019-03-05$24.70$24.0030.4%8.7%31.9%23.6%29.7%-1.6%3.5%168.6K-2.1M-18.1K1.8184.84N/AN/A2744978,0071,645
2019-03-06$24.52$24.0029.3%8.4%31.9%20.2%28.1%-1.1%1.7%150.0K-1.7M-18.9K1.1388.06N/AN/A3413878,1381,888
2019-03-07$24.29$24.0028.5%8.2%31.3%17.6%27.5%-0.8%2.3%119.0K-1.2M-18.7K1.2175.90N/AN/A3023648,1462,054
2019-03-08$25.39$24.0028.1%8.1%35.7%16.3%26.5%-1.4%1.2%225.2K-3.1M-21.1K1.4883.90N/AN/A3304878,2052,082
2019-03-11$25.23$25.0029.8%8.6%35.3%21.7%30.3%-1.7%1.8%218.4K-2.8M-19.4K2.3852.86N/AN/A29698,3541,999
2019-03-12$25.67$25.0027.9%8.7%35.8%15.9%30.0%-2.9%2.6%274.2K-3.8M-20.5K0.1253.28N/AN/A283338,3662,052
2019-03-13$25.81$25.0027.7%8.7%35.9%15.0%30.1%-1.6%2.9%281.9K-3.9M-20.6K1.7345.39N/AN/A1532658,3812,056
2019-03-14$24.77$25.0028.7%8.7%38.0%18.4%30.0%-2.1%1.7%160.9K-1.8M-18.1K1.4645.26N/AN/A2353438,4252,065
2019-03-15$25.13$25.0028.0%8.6%38.4%16.2%29.6%-0.9%1.9%302.0K-2.6M-18.3K0.4850.05N/AN/A8003868,4732,062
2019-03-18$25.30$0.0027.5%8.2%37.3%14.4%28.6%-1.9%1.4%98.0K-1.6M-18.4K0.2065.55N/AN/A195394,3341,342
2019-03-19$25.38$25.0027.9%8.2%35.8%15.7%28.6%-1.3%0.8%115.8K-1.8M-19.8K0.5062.47N/AN/A151764,5071,375
2019-03-20$25.83$25.0033.3%7.5%36.2%32.6%26.5%-3.1%-6.2%132.2K-2.2M-19.8K0.32104.46N/AN/A254804,5941,392
2019-03-21$25.70$25.0028.6%8.3%34.5%18.0%29.7%-2.1%0.1%137.8K-2.3M-20.4K0.0969.33N/AN/A942884,6651,399
2019-03-22$25.55$25.0028.4%8.4%34.1%17.4%30.0%-2.0%0.4%188.6K-2.5M-21.4K0.2675.18N/AN/A274705,2771,409
2019-03-25$25.97$25.0029.6%8.5%34.9%20.9%31.6%-2.0%0.3%216.6K-3.2M-22.4K0.0766.53N/AN/A304215,2941,421
2019-03-26$25.61$24.0028.0%8.3%35.0%15.9%31.8%-3.3%1.4%199.7K-2.5M-21.0K0.1668.14N/AN/A374615,4711,442
2019-03-27$25.05$24.0027.9%8.0%34.9%15.7%30.7%-0.6%0.1%158.9K-1.8M-19.5K0.4468.56N/AN/A3961745,4901,467
2019-03-28$24.13$25.0028.6%8.4%36.6%17.9%27.3%-0.5%0.5%97.8K-622.7K-17.1K0.4768.99N/AN/A4242005,6071,526
2019-03-29$24.48$24.0027.6%8.0%31.7%14.8%28.9%-0.9%0.7%126.9K-1.2M-18.2K0.4282.49N/AN/A5042125,7131,557