AGQ Options History — April 2020

In April 2020, AGQ traded between $18.03 and $23.44. ATM implied volatility averaged 87.6%, placing in the 44.5% IV rank vs the trailing year. The 30-day expected move averaged 25.0%. IV traded below realized volatility by 25.8% (HV 20d: 113.4%). Max pain ranged from $18.00 to $23.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2020-04-09: Highest Volume — 958 contracts
  • 2020-04-08: Largest IV drop — 14.1% change
  • 2020-04-02: Highest IV Rank — 56.2%
  • 2020-04-02: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.20$18.03$23.44$18.03$20.15
Max Pain$18.86$18.00$23.00$23.00$20.00
ATM IV87.6%71.8%104.0%92.3%73.8%
Expected Move25.0%20.6%29.3%26.5%21.1%
HV 20d113.4%74.1%162.9%152.2%77.9%
HV 60d103.5%97.9%105.9%97.9%105.4%
IV Rank44.5%33.2%56.2%47.8%34.6%
IV Percentile91.9%87.3%95.2%95.2%87.3%
Term Structure-2.8%-15.7%25.5%1.2%-2.8%
VWIV88.7%72.4%101.3%98.1%75.2%
Skew 25d-3.1%-17.1%8.6%4.7%-1.6%
Skew 10d-4.1%-63.5%39.1%3.6%-11.4%
Call IV 25d92.7%78.9%108.6%96.3%80.9%
Put IV 25d89.6%71.6%104.4%100.9%79.4%
Bid-Ask Spread %69.8852.2389.6089.6075.52
Gamma HHI0.060.050.090.050.08
Net GEX78.0K49.4K99.1K50.7K80.3K
Net DEX-3.8M-6.4M-741.7K-741.7K-2.7M
Net VEX-42.4K-48.4K-33.5K-33.5K-38.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.072.271.680.69
Total Volume508.19174958748631
Total OI11,670.3819,81313,78010,94210,982

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$18.03$23.0092.3%26.5%152.2%47.8%98.1%4.7%1.2%50.7K-741.7K-33.5K1.6889.60N/AN/A2794697,9872,955
2020-04-02$19.68$18.00104.0%29.3%156.4%56.2%98.9%4.5%-12.9%49.4K-1.5M-36.5K0.3765.49N/AN/A3431288,1673,414
2020-04-03$19.20$18.0097.0%28.5%156.4%51.2%97.7%7.5%-15.2%57.0K-2.0M-39.2K1.3084.78N/AN/A1111448,2783,508
2020-04-06$21.46$18.00102.3%29.0%162.9%55.0%97.4%-4.6%-15.7%72.5K-3.6M-43.6K0.6374.11N/AN/A5713618,3223,482
2020-04-07$21.41$18.00102.2%27.5%162.9%54.9%101.3%5.2%-4.5%76.9K-4.0M-43.8K0.1975.33N/AN/A484928,4813,502
2020-04-08$21.24$18.0087.8%25.2%162.9%44.6%86.8%8.6%-2.6%78.8K-3.2M-41.7K2.2771.68N/AN/A1473348,5813,545
2020-04-09$22.76$18.0087.1%25.0%158.4%44.1%85.7%7.1%0.9%74.1K-4.9M-47.0K0.1378.85N/AN/A8461128,5953,851
2020-04-13$22.69$18.0095.1%27.3%147.4%49.8%100.2%-7.6%-4.1%79.0K-5.1M-46.3K0.1570.84N/AN/A521798,9633,959
2020-04-14$23.44$18.0094.4%27.1%105.2%49.4%92.0%-17.1%-4.9%76.9K-6.4M-48.4K0.1073.06N/AN/A518529,3184,017
2020-04-15$22.22$18.0085.5%24.5%108.0%43.0%87.4%-12.5%-1.0%80.5K-4.9M-45.7K0.4664.31N/AN/A4221959,4454,050
2020-04-16$22.31$18.0079.7%22.9%91.1%38.9%81.9%-11.3%1.6%80.1K-4.6M-44.9K0.1862.02N/AN/A417749,3844,233
2020-04-17$21.22$18.0076.0%21.8%94.4%36.2%77.1%-4.7%0.3%72.8K-3.7M-41.3K0.4561.02N/AN/A177799,5244,256
2020-04-20$21.84$18.0080.8%23.2%94.2%39.6%76.4%-1.6%25.5%87.6K-4.0M-42.3K0.1679.80N/AN/A603977,4862,327
2020-04-21$20.26$19.0087.9%25.2%93.2%44.7%94.2%-4.3%-4.2%71.3K-3.0M-40.1K0.2367.25N/AN/A4611087,6192,405
2020-04-22$21.19$19.0088.2%25.3%79.0%44.9%91.2%-3.6%-4.6%83.8K-4.0M-43.6K0.2459.19N/AN/A288687,8742,477
2020-04-23$21.53$19.0092.4%26.5%76.8%47.9%95.5%-12.1%-3.3%93.5K-4.7M-45.4K0.1662.38N/AN/A433708,1142,498
2020-04-24$21.30$20.0087.0%24.9%76.6%44.0%91.4%-3.0%-3.6%93.2K-4.4M-44.1K0.0852.30N/AN/A342268,2372,556
2020-04-27$21.13$20.0079.7%22.8%76.6%38.8%85.2%-3.5%-0.7%93.9K-4.0M-42.4K0.1466.01N/AN/A154228,3232,568
2020-04-28$20.65$20.0074.4%21.3%74.1%35.0%76.4%-7.2%-1.0%87.3K-3.3M-40.1K0.0752.23N/AN/A162128,3122,574
2020-04-29$21.41$20.0071.8%20.6%74.8%33.2%72.4%-7.3%-6.7%99.1K-3.8M-41.5K0.0981.78N/AN/A221198,3312,578
2020-04-30$20.15$20.0073.8%21.1%77.9%34.6%75.2%-1.6%-2.8%80.3K-2.7M-38.7K0.6975.52N/AN/A3732588,3902,592