AGQ Options History — February 2021

In February 2021, AGQ traded between $48.68 and $60.59. ATM implied volatility averaged 86.9%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 25.2%. IV traded below realized volatility by 25.5% (HV 20d: 112.4%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.20.

Notable Days

  • 2021-02-01: Highest Volume — 12,080 contracts
  • 2021-02-02: Largest IV drop — 41.3% change
  • 2021-02-01: Highest IV Rank — 89.1%
  • 2021-02-01: Largest Expected Move — 46.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.15$48.68$60.59$60.59$49.12
Max Pain$42.32$40.00$45.00$40.00$45.00
ATM IV86.9%73.0%161.6%161.6%84.2%
Expected Move25.2%20.9%46.3%46.3%24.1%
HV 20d112.4%102.4%125.5%102.4%105.4%
HV 60d88.0%83.8%93.8%83.8%87.8%
IV Rank35.7%23.8%89.1%89.1%31.1%
IV Percentile53.7%31.0%98.8%98.8%50.8%
Term Structure1.1%-18.7%6.8%-18.7%-1.4%
VWIV98.1%82.6%166.5%166.5%91.1%
Skew 25d-24.5%-51.4%-15.9%-51.4%-19.0%
Skew 10d-43.7%-59.8%-31.1%-58.7%-39.6%
Call IV 25d108.3%88.7%191.9%191.9%103.1%
Put IV 25d83.8%72.8%140.5%140.5%84.1%
Bid-Ask Spread %45.3230.7553.2442.7550.46
Gamma HHI0.110.080.310.080.11
Net GEX1.6M918.3K2.6M918.3K969.8K
Net DEX-78.7M-120.2M-49.4M-120.2M-49.4M
Net VEX-319.5K-347.0K-297.0K-347.0K-297.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.090.360.170.29
Total Volume3,921.2111,39912,08012,0803,483
Total OI47,878.89538,13354,96741,73840,772

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$60.59$40.00161.6%46.3%102.4%89.1%166.5%-51.4%-18.7%918.3K-120.2M-347.0K0.1742.75N/AN/A10,3061,77431,26210,476
2021-02-02$49.50$42.0094.9%27.2%124.3%43.0%113.4%-32.6%6.8%1.0M-68.9M-325.9K0.1531.44N/AN/A6,9291,06134,56811,276
2021-02-03$50.42$43.0094.7%27.2%124.3%42.9%102.4%-24.5%-1.1%1.2M-73.2M-332.5K0.2130.75N/AN/A2,76657735,78511,714
2021-02-04$48.68$41.0083.5%24.7%124.5%35.1%90.5%-24.8%-4.3%1.2M-62.5M-320.3K0.2840.57N/AN/A2,55471236,52011,772
2021-02-05$50.66$41.0083.0%24.8%125.5%34.7%92.6%-25.9%0.4%1.4M-75.7M-328.8K0.2443.96N/AN/A1,77042137,20811,736
2021-02-08$52.77$41.0079.8%25.4%113.1%32.5%97.7%-27.1%-1.4%1.6M-89.0M-326.9K0.3346.58N/AN/A2,60985337,41411,764
2021-02-09$51.99$41.0075.0%23.4%112.6%29.2%112.9%-27.6%2.8%1.7M-86.8M-329.3K0.1747.98N/AN/A2,70445837,77011,540
2021-02-10$50.93$41.0082.7%23.7%112.1%34.5%103.9%-24.6%3.4%1.7M-79.9M-324.6K0.3647.12N/AN/A2,12477339,96311,573
2021-02-11$51.07$42.0078.9%22.6%111.9%31.8%87.4%-20.3%5.5%1.7M-78.0M-317.8K0.2945.29N/AN/A1,12732840,15611,651
2021-02-12$52.14$42.0077.0%22.1%111.9%29.8%88.8%-27.3%6.3%1.9M-88.3M-327.3K0.1252.40N/AN/A2,39928540,40211,777
2021-02-16$51.95$42.0079.2%22.7%108.3%31.3%88.2%-24.2%5.5%2.1M-86.3M-305.9K0.1647.37N/AN/A2,33336941,67411,790
2021-02-17$52.36$42.0080.6%23.1%107.9%29.7%91.5%-22.0%5.1%2.3M-91.6M-313.7K0.1240.88N/AN/A2,06525042,54511,856
2021-02-18$50.97$42.0078.2%22.4%107.0%27.6%86.2%-23.9%3.9%2.3M-81.0M-304.1K0.1335.37N/AN/A2,14627542,65711,904
2021-02-19$51.90$43.0073.0%20.9%107.2%23.8%82.6%-15.9%4.4%2.6M-87.0M-297.1K0.2651.91N/AN/A3,63294943,01011,957
2021-02-22$55.52$43.0091.5%26.2%108.4%37.3%97.7%-21.6%-0.7%1.2M-72.2M-313.4K0.1551.13N/AN/A5,72883829,8028,331
2021-02-23$53.53$44.0088.3%25.3%109.3%35.0%90.5%-18.9%-0.7%1.3M-69.2M-323.8K0.1550.80N/AN/A2,59839333,1248,801
2021-02-24$54.27$44.0085.9%24.6%109.3%33.2%89.4%-17.4%-1.0%1.4M-72.4M-325.8K0.0951.02N/AN/A1,28811133,4408,966
2021-02-25$52.48$45.0079.4%22.8%109.6%27.6%90.3%-16.9%5.7%1.3M-64.1M-310.2K0.0953.24N/AN/A5,03947633,7369,007
2021-02-26$49.12$45.0084.2%24.1%105.4%31.1%91.1%-19.0%-1.4%969.8K-49.4M-297.0K0.2950.46N/AN/A2,70577831,7009,072