AGQ Options History — February 2020

In February 2020, AGQ traded between $26.64 and $33.91. ATM implied volatility averaged 39.7%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded below realized volatility by 3.3% (HV 20d: 43.0%). Max pain ranged from $30.00 to $31.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.17.

Notable Days

  • 2020-02-18: Highest Volume — 5,293 contracts
  • 2020-02-28: Largest IV spike — 63.5% change
  • 2020-02-28: Highest IV Rank — 100.0%
  • 2020-02-28: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.20$26.64$33.91$30.60$26.64
Max Pain$30.21$30.00$31.00$30.00$31.00
ATM IV39.7%32.7%68.7%38.1%68.7%
Expected Move11.4%9.4%19.7%10.9%19.7%
HV 20d43.0%39.2%62.3%42.5%62.3%
HV 60d36.1%33.6%47.3%36.3%47.3%
IV Rank38.7%22.7%100.0%35.2%100.0%
IV Percentile63.4%40.5%100.0%65.5%100.0%
Term Structure-0.7%-20.9%6.2%-0.7%-20.9%
VWIV41.4%33.6%65.4%38.1%65.4%
Skew 25d-6.5%-8.6%-0.4%-8.2%-0.4%
Skew 10d-13.9%-26.9%-8.1%-14.8%-22.7%
Call IV 25d44.8%37.5%62.7%43.3%62.7%
Put IV 25d38.3%31.6%62.3%35.1%62.3%
Bid-Ask Spread %67.7339.6492.3371.6592.33
Gamma HHI0.150.090.220.130.12
Net GEX873.1K254.4K1.6M650.4K254.4K
Net DEX-14.7M-31.9M2.6M-9.3M2.6M
Net VEX-79.8K-89.7K-60.3K-86.0K-60.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.010.700.020.19
Total Volume1,460.4211565,2932,4072,071
Total OI24,140.47420,33126,79322,70021,074

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$30.60$30.0038.1%10.9%42.5%35.2%38.1%-8.2%-0.7%650.4K-9.3M-86.0K0.0271.65N/AN/A2,3555216,3576,343
2020-02-04$30.51$30.0037.1%10.6%42.2%32.9%41.6%-5.6%0.3%882.6K-11.0M-88.5K0.1574.20N/AN/A4797418,0876,347
2020-02-05$30.45$30.0032.7%9.4%40.9%22.7%38.6%-6.6%1.7%946.1K-10.8M-86.2K0.0939.64N/AN/A1431318,2556,374
2020-02-06$31.19$30.0034.1%10.2%40.7%26.0%37.4%-8.0%1.3%1.0M-15.0M-89.7K0.0576.00N/AN/A7093318,2916,385
2020-02-07$30.80$30.0033.0%10.1%40.3%23.4%35.0%-6.7%1.1%1.1M-13.5M-88.6K0.2274.72N/AN/A1854019,0626,377
2020-02-10$31.02$30.0034.9%10.2%39.6%27.8%37.9%-8.6%1.2%1.2M-15.2M-86.5K0.3365.48N/AN/A1535119,1946,398
2020-02-11$30.55$30.0035.8%10.2%39.7%30.0%36.1%-5.5%1.2%1.1M-11.6M-81.8K0.1850.85N/AN/A3396019,2396,428
2020-02-12$29.97$30.0032.8%9.4%39.6%23.1%33.6%-5.7%2.8%1.1M-7.5M-76.7K0.1385.40N/AN/A93512219,2766,452
2020-02-13$30.50$30.0034.4%9.9%39.2%26.7%35.6%-4.6%2.1%1.4M-12.3M-80.5K0.0462.96N/AN/A6242519,9186,474
2020-02-14$30.80$30.0034.3%9.8%39.4%26.6%37.1%-4.4%2.1%1.6M-15.1M-81.6K0.0865.33N/AN/A7035920,3116,482
2020-02-18$32.50$30.0039.6%11.4%44.0%38.9%40.6%-6.8%1.0%1.2M-28.4M-78.7K0.0362.81N/AN/A5,15713620,0426,450
2020-02-19$33.17$30.0040.9%11.7%43.4%41.8%41.7%-6.9%0.3%848.7K-28.0M-76.2K0.0754.50N/AN/A1,84813618,4096,450
2020-02-20$33.09$30.0041.0%11.8%43.4%42.1%41.4%-6.9%-1.0%928.4K-27.6M-79.8K0.0468.54N/AN/A1,0123718,7056,472
2020-02-21$33.65$30.0043.4%12.4%43.6%47.5%42.4%-7.1%-0.9%551.3K-31.9M-80.7K0.0175.39N/AN/A3,9145319,2596,499
2020-02-24$33.91$30.0048.7%14.0%42.3%59.8%50.3%-8.2%-4.4%435.1K-19.8M-77.8K0.2474.90N/AN/A1,72040814,5775,754
2020-02-25$31.77$31.0040.4%11.6%48.7%40.7%44.5%-6.9%6.2%435.5K-9.6M-71.8K0.3179.97N/AN/A1,40843414,5386,059
2020-02-26$31.25$31.0042.8%12.3%41.7%46.1%43.4%-8.0%-4.0%457.6K-9.1M-73.4K0.7055.38N/AN/A49634914,7946,012
2020-02-27$30.48$31.0042.0%12.0%42.6%44.3%45.3%-7.9%-2.5%446.2K-6.2M-71.9K0.3956.85N/AN/A1,01939615,1086,417
2020-02-28$26.64$31.0068.7%19.7%62.3%100.0%65.4%-0.4%-20.9%254.4K2.6M-60.3K0.1992.33N/AN/A1,74532614,8606,214