AGQ Options History — August 2019

In August 2019, AGQ traded between $27.52 and $34.88. ATM implied volatility averaged 49.2%, placing in the 78.7% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded above realized volatility by 8.9% (HV 20d: 40.3%). Max pain ranged from $24.00 to $26.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.80.

Notable Days

  • 2019-08-22: Highest Volume — 5,509 contracts
  • 2019-08-23: Largest IV spike — 26.0% change
  • 2019-08-06: Highest IV Rank — 100.0%
  • 2019-08-28: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.79$27.52$34.88$27.91$34.80
Max Pain$24.73$24.00$26.00$25.00$26.00
ATM IV49.2%37.6%60.8%42.5%50.1%
Expected Move13.6%10.8%16.5%12.2%14.4%
HV 20d40.3%36.0%45.5%38.7%41.6%
HV 60d34.6%31.7%37.3%31.7%37.3%
IV Rank78.7%54.0%100.0%84.5%71.7%
IV Percentile97.3%84.5%100.0%97.6%96.4%
Term Structure-0.9%-3.2%2.1%-3.2%-0.7%
VWIV47.2%39.4%56.1%42.3%48.9%
Skew 25d-11.7%-15.1%-6.5%-6.5%-10.2%
Skew 10d-21.6%-43.4%-15.2%-23.1%-22.6%
Call IV 25d55.2%42.0%66.6%47.3%57.2%
Put IV 25d43.5%35.2%52.8%40.8%47.0%
Bid-Ask Spread %58.0139.0477.5476.2664.41
Gamma HHI0.160.100.230.150.10
Net GEX648.3K468.2K830.7K694.2K476.7K
Net DEX-26.2M-36.8M-17.9M-19.2M-33.0M
Net VEX-69.8K-94.4K-56.1K-60.2K-92.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.0135.010.170.54
Total Volume1,843.0453545,5098931,025
Total OI18,049.81814,72621,04116,66820,669

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$27.91$25.0042.5%12.2%38.7%84.5%42.3%-6.5%-3.2%694.2K-19.2M-60.2K0.1776.26N/AN/A76512814,1182,550
2019-08-02$27.52$25.0037.6%10.8%36.0%63.7%39.4%-6.8%0.3%721.7K-17.9M-59.3K0.1077.54N/AN/A9769414,3962,565
2019-08-05$28.03$24.0045.6%12.1%36.1%98.0%42.3%-11.6%-0.9%719.7K-20.1M-60.5K0.0152.26N/AN/A1,4291714,4972,575
2019-08-06$28.22$24.0046.2%12.1%36.1%100.0%43.4%-10.0%0.2%738.6K-20.1M-57.7K1.0742.71N/AN/A17118314,2032,574
2019-08-07$30.34$24.0053.0%13.8%42.6%100.0%48.9%-13.9%-2.3%677.8K-28.4M-56.1K0.1054.46N/AN/A4,25241014,1702,484
2019-08-08$30.00$24.0051.4%13.7%42.4%94.7%48.1%-13.8%-1.1%799.4K-28.9M-66.3K0.0739.04N/AN/A2,35315315,9042,583
2019-08-09$29.97$24.0048.2%13.8%42.6%84.1%49.6%-15.1%-1.3%771.4K-27.8M-63.4K0.0652.22N/AN/A1,0056315,4792,641
2019-08-12$30.31$24.0056.5%13.8%42.5%100.0%48.0%-13.2%-2.3%791.7K-29.3M-63.0K0.1649.87N/AN/A94915115,8232,673
2019-08-13$29.91$24.0060.8%14.1%43.0%100.0%48.8%-12.9%-2.8%830.7K-27.0M-63.3K0.1150.97N/AN/A1,72018515,8452,814
2019-08-14$30.72$24.0050.6%14.5%40.3%73.3%46.1%-12.7%-2.8%779.5K-30.8M-63.0K0.0955.21N/AN/A2,68423815,9962,919
2019-08-15$30.86$25.0049.4%14.2%37.7%70.0%49.3%-13.1%-2.0%672.0K-28.2M-61.0K0.0654.30N/AN/A5873414,9173,149
2019-08-16$30.44$25.0044.6%12.8%37.4%57.4%46.7%-10.7%2.1%568.9K-27.2M-60.5K0.5658.78N/AN/A85747615,0783,168
2019-08-19$29.53$25.0044.5%12.8%38.6%57.1%43.0%-11.1%-0.7%571.9K-18.8M-58.2K0.6057.65N/AN/A44226712,3402,386
2019-08-20$30.52$25.0045.2%13.0%40.1%58.9%43.4%-10.7%0.3%568.2K-21.8M-59.5K0.0659.23N/AN/A1,4969312,5222,560
2019-08-21$30.51$25.0045.6%13.1%39.5%59.8%44.1%-11.1%0.7%637.1K-23.0M-64.9K0.2564.08N/AN/A2927213,5392,599
2019-08-22$30.22$25.0043.4%12.4%38.6%54.0%43.9%-11.3%0.9%673.7K-23.0M-64.2K35.0149.57N/AN/A1535,35613,8022,651
2019-08-23$31.70$25.0054.6%15.7%41.4%83.8%51.1%-13.6%-3.2%520.6K-22.9M-91.1K0.0362.89N/AN/A1,9515113,7945,308
2019-08-26$32.37$25.0051.5%14.8%41.7%75.5%51.3%-11.9%-0.4%581.1K-27.2M-93.7K0.2262.72N/AN/A55412214,7985,322
2019-08-27$34.31$25.0056.4%16.2%45.5%88.4%56.1%-12.3%-0.9%503.8K-34.2M-92.8K0.1062.05N/AN/A1,91818815,1255,352
2019-08-28$34.88$25.0057.6%16.5%41.6%91.4%53.3%-14.1%0.1%496.1K-36.8M-94.4K0.0663.84N/AN/A4,20123115,6435,398
2019-08-29$34.38$26.0047.6%13.7%42.6%65.3%50.0%-10.0%0.6%468.2K-31.6M-90.5K0.1766.17N/AN/A1,92033514,6255,542
2019-08-30$34.80$26.0050.1%14.4%41.6%71.7%48.9%-10.2%-0.7%476.7K-33.0M-92.4K0.5464.41N/AN/A66635914,9405,729