AGQ Options History — May 2020

In May 2020, AGQ traded between $19.52 and $29.77. ATM implied volatility averaged 70.6%, placing in the 32.2% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 6.7% (HV 20d: 63.9%). Max pain ranged from $20.00 to $22.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.22.

Notable Days

  • 2020-05-15: Highest Volume — 3,425 contracts
  • 2020-05-04: Largest IV spike — 13.5% change
  • 2020-05-04: Highest IV Rank — 40.5%
  • 2020-05-08: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.35$19.52$29.77$20.17$29.77
Max Pain$20.70$20.00$22.00$20.00$21.00
ATM IV70.6%61.7%82.1%72.3%66.8%
Expected Move20.1%17.7%22.5%20.7%19.1%
HV 20d63.9%57.2%72.1%71.6%60.8%
HV 60d107.3%105.4%110.0%105.4%106.8%
IV Rank32.2%25.5%40.5%33.6%29.1%
IV Percentile83.7%76.6%89.7%86.9%81.0%
Term Structure1.6%-7.7%7.7%-2.9%-1.2%
VWIV71.7%62.2%81.1%75.5%66.8%
Skew 25d-9.2%-16.7%-2.5%-2.5%-6.7%
Skew 10d-17.5%-38.7%0.6%0.6%-10.8%
Call IV 25d78.1%67.6%88.4%78.8%71.2%
Put IV 25d68.9%60.2%77.0%76.3%64.5%
Bid-Ask Spread %56.7939.2776.3157.2565.40
Gamma HHI0.080.060.120.080.09
Net GEX168.4K66.3K270.9K77.0K270.9K
Net DEX-9.5M-18.3M-2.2M-2.7M-18.3M
Net VEX-50.2K-62.1K-36.9K-38.8K-62.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.060.760.180.15
Total Volume917.352153,4254181,201
Total OI13,00711,33714,48511,33714,485

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$20.17$20.0072.3%20.7%71.6%33.6%75.5%-2.5%-2.9%77.0K-2.7M-38.8K0.1857.25N/AN/A355638,5262,811
2020-05-04$19.52$22.0082.1%20.7%72.1%40.5%76.9%-4.3%3.1%66.3K-2.2M-36.9K0.1540.24N/AN/A473708,7022,811
2020-05-05$20.26$22.0075.8%20.7%61.0%36.0%73.9%-7.0%2.6%97.6K-3.1M-38.2K0.6039.27N/AN/A1931159,0182,833
2020-05-06$20.06$22.0073.5%20.5%61.0%34.4%72.3%-6.1%3.4%98.7K-3.3M-38.8K0.7645.84N/AN/A122939,1302,740
2020-05-07$21.41$22.0081.4%22.1%65.6%40.1%79.7%-8.3%-7.7%123.8K-4.8M-42.5K0.0744.32N/AN/A836579,1612,794
2020-05-08$21.94$21.0071.9%22.5%61.2%33.3%81.1%-12.6%2.9%144.2K-6.0M-45.2K0.0751.54N/AN/A1,105739,5582,826
2020-05-11$21.68$21.0073.6%20.7%61.3%34.5%74.6%-8.2%7.7%141.3K-5.5M-44.8K0.1053.94N/AN/A204209,8462,840
2020-05-12$21.61$21.0063.7%19.0%59.9%27.4%70.3%-7.2%5.6%132.0K-5.2M-42.9K0.0968.35N/AN/A437419,9172,846
2020-05-13$21.88$21.0065.5%18.8%57.2%28.7%66.4%-4.6%5.5%142.2K-5.3M-43.3K0.0664.06N/AN/A9075810,0362,845
2020-05-14$23.13$20.0068.9%19.7%60.6%31.1%71.9%-10.7%-0.2%226.1K-7.9M-47.3K0.0663.82N/AN/A1,1667110,5662,880
2020-05-15$25.51$20.0072.9%20.9%66.3%34.0%72.1%-16.7%0.7%164.6K-13.7M-54.4K0.1254.24N/AN/A3,04837711,1632,908
2020-05-18$26.56$20.0076.6%22.0%66.9%36.5%77.8%-16.2%0.2%187.2K-12.7M-56.3K0.1950.40N/AN/A1,26124510,0772,696
2020-05-19$28.25$20.0075.3%21.6%61.2%35.5%76.5%-15.1%0.8%206.9K-15.8M-61.6K0.1858.85N/AN/A98118110,5512,817
2020-05-20$28.51$20.0072.1%20.7%60.3%33.2%71.6%-12.8%2.5%213.3K-15.7M-61.0K0.5455.41N/AN/A44624110,5012,906
2020-05-21$26.68$20.0066.2%19.0%66.8%29.0%67.3%-9.7%2.3%199.3K-12.6M-57.5K0.2257.14N/AN/A92520810,4413,016
2020-05-22$27.31$20.0067.0%19.2%66.5%29.3%70.1%-11.0%2.2%206.6K-13.5M-59.1K0.3956.40N/AN/A25710010,5973,082
2020-05-26$26.86$20.0062.6%17.9%66.9%26.1%64.3%-10.2%2.4%198.8K-12.7M-55.8K0.1063.19N/AN/A9209510,7013,155
2020-05-27$27.81$20.0062.1%17.8%66.0%25.7%63.0%-7.4%0.6%225.5K-13.8M-58.4K0.1076.31N/AN/A8598510,8103,177
2020-05-28$28.18$21.0061.7%17.7%65.6%25.5%62.2%-7.1%2.0%245.3K-14.9M-59.4K0.2369.85N/AN/A3728611,1763,195
2020-05-29$29.77$21.0066.8%19.1%60.8%29.1%66.8%-6.7%-1.2%270.9K-18.3M-62.1K0.1565.40N/AN/A1,04615511,2623,223