AGQ Options History — September 2020

In September 2020, AGQ traded between $40.00 and $62.89. ATM implied volatility averaged 92.4%, placing in the 43.7% IV rank vs the trailing year. The 30-day expected move averaged 26.4%. IV traded below realized volatility by 5.0% (HV 20d: 97.3%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.30.

Notable Days

  • 2020-09-23: Highest Volume — 6,937 contracts
  • 2020-09-21: Largest IV spike — 25.8% change
  • 2020-09-03: Highest IV Rank — 55.5%
  • 2020-09-02: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.45$40.00$62.89$62.89$41.90
Max Pain$51.48$45.00$55.00$47.00$45.00
ATM IV92.4%74.3%110.2%108.4%93.8%
Expected Move26.4%21.3%31.1%31.1%26.9%
HV 20d97.3%55.0%147.2%147.2%100.1%
HV 60d110.6%105.7%119.9%106.4%119.9%
IV Rank43.7%31.7%55.5%54.3%44.7%
IV Percentile78.3%68.3%88.1%86.5%79.0%
Term Structure3.3%-3.8%11.7%1.1%-1.1%
VWIV93.8%77.7%111.7%110.8%94.5%
Skew 25d-3.5%-11.4%5.5%-7.5%-1.2%
Skew 10d-8.8%-23.3%2.4%-23.3%-6.1%
Call IV 25d96.4%78.7%116.4%116.4%95.2%
Put IV 25d93.0%76.3%108.9%108.9%93.9%
Bid-Ask Spread %31.1612.8865.8865.8855.36
Gamma HHI0.140.070.370.100.08
Net GEX663.2K238.3K1.0M811.1K456.7K
Net DEX-51.7M-88.1M-16.6M-88.1M-26.7M
Net VEX-189.8K-221.3K-147.7K-221.3K-180.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.150.660.190.22
Total Volume3,043.9521,5506,9373,3452,600
Total OI32,051.90520,52437,63332,84729,375

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$62.89$47.00108.4%31.1%147.2%54.3%110.8%-7.5%1.1%811.1K-88.1M-221.3K0.1965.88N/AN/A2,80454123,9688,879
2020-09-02$59.73$47.00108.6%31.1%146.3%54.5%111.7%-6.0%0.1%722.5K-76.3M-214.8K0.2660.46N/AN/A2,31261023,8198,956
2020-09-03$56.29$55.00110.2%30.7%140.2%55.5%108.4%-11.4%-3.8%655.2K-65.1M-213.5K0.4612.88N/AN/A3,7391,73524,2829,298
2020-09-04$57.59$55.00100.1%29.5%139.9%48.9%103.5%-8.9%-0.3%643.5K-66.3M-220.4K0.6614.05N/AN/A2,0511,35824,81610,402
2020-09-08$56.42$55.00104.9%28.4%138.0%52.0%99.5%-7.6%1.1%686.0K-61.2M-201.2K0.3615.43N/AN/A1,56555925,21910,318
2020-09-09$57.98$55.0093.4%26.8%89.9%44.4%94.2%-7.2%4.3%812.6K-68.0M-203.2K0.1615.41N/AN/A1,88329425,48610,439
2020-09-10$56.81$55.0088.3%25.3%90.3%41.0%89.7%-8.0%0.9%853.7K-63.0M-196.7K0.2818.50N/AN/A1,75149726,01510,491
2020-09-11$56.67$55.0085.3%24.4%77.2%39.0%86.5%-5.3%5.6%887.3K-60.3M-192.6K0.3116.11N/AN/A1,18136926,14510,486
2020-09-14$58.93$55.0092.2%26.4%74.3%43.6%93.5%-4.5%4.6%1.0M-69.7M-192.0K0.2013.23N/AN/A2,09841326,06910,636
2020-09-15$58.17$55.0087.9%25.2%68.3%40.8%88.8%-5.0%6.2%997.6K-65.7M-186.8K0.3118.05N/AN/A1,51946826,05610,681
2020-09-16$58.17$55.0085.3%24.4%67.2%39.0%87.2%-4.2%8.1%1.0M-64.7M-188.2K0.3121.65N/AN/A1,35841926,33210,985
2020-09-17$57.97$55.0078.4%22.5%58.8%34.4%81.0%-2.2%9.8%1.0M-63.1M-184.9K0.2321.31N/AN/A1,67938026,48211,151
2020-09-18$57.09$55.0074.3%21.3%55.0%31.7%77.7%-2.3%11.7%496.1K-58.2M-180.4K0.4620.64N/AN/A1,96089726,16811,308
2020-09-21$47.20$55.0093.5%26.8%84.4%44.4%94.6%0.5%2.4%316.8K-28.2M-161.3K0.4626.10N/AN/A4,5292,10516,0824,442
2020-09-22$46.58$50.0084.5%24.2%84.3%38.5%86.9%-0.0%3.0%369.8K-29.2M-172.0K0.5327.36N/AN/A1,06156317,6065,097
2020-09-23$40.00$49.0092.6%26.5%98.2%43.8%95.8%5.5%0.9%238.3K-16.6M-147.7K0.2049.79N/AN/A5,7761,16117,8645,343
2020-09-24$41.14$48.0095.2%27.3%94.8%45.6%95.4%4.9%0.0%346.4K-22.6M-171.9K0.1543.81N/AN/A4,03460820,4756,064
2020-09-25$40.84$45.0087.2%25.0%94.8%40.3%90.5%-0.1%3.6%405.3K-23.6M-174.7K0.1643.50N/AN/A1,67826621,6366,192
2020-09-28$43.48$45.0087.5%25.1%97.3%40.5%89.4%0.9%6.1%522.5K-31.0M-186.5K0.1751.76N/AN/A1,77029222,5026,276
2020-09-29$45.58$45.0088.3%25.3%97.3%41.0%90.5%-2.9%5.6%609.9K-38.1M-195.2K0.1542.99N/AN/A2,63540522,8476,402
2020-09-30$41.90$45.0093.8%26.9%100.1%44.7%94.5%-1.2%-1.1%456.7K-26.7M-180.1K0.2255.36N/AN/A2,13346722,8486,527