AGQ Options History — March 2021

In March 2021, AGQ traded between $39.65 and $49.85. ATM implied volatility averaged 66.7%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 7.3% (HV 20d: 59.5%). Max pain ranged from $45.00 to $51.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 0.48.

Notable Days

  • 2021-03-03: Highest Volume — 3,695 contracts
  • 2021-03-05: Largest IV drop — 10.3% change
  • 2021-03-01: Highest IV Rank — 26.5%
  • 2021-03-01: Largest Expected Move — 22.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.45$39.65$49.85$48.69$41.02
Max Pain$48.26$45.00$51.00$45.00$45.00
ATM IV66.7%54.5%79.3%79.3%56.6%
Expected Move19.1%15.6%22.7%22.7%16.2%
HV 20d59.5%51.0%105.0%105.0%53.8%
HV 60d84.6%82.6%86.4%84.6%82.6%
IV Rank15.2%5.2%26.5%26.5%6.7%
IV Percentile17.8%1.2%43.3%43.3%4.0%
Term Structure2.5%-1.7%5.2%-0.2%2.6%
VWIV70.1%56.6%90.2%90.2%61.5%
Skew 25d-7.1%-15.3%3.8%-15.3%0.0%
Skew 10d-17.8%-37.2%-6.1%-31.0%-6.1%
Call IV 25d73.9%57.4%92.6%92.6%60.1%
Put IV 25d66.7%55.6%77.7%77.3%60.1%
Bid-Ask Spread %26.0612.7157.6457.6435.15
Gamma HHI0.100.070.140.120.09
Net GEX473.2K39.7K1.1M961.0K90.3K
Net DEX-21.5M-48.2M1.1M-45.6M-2.2M
Net VEX-259.2K-283.4K-219.9K-281.4K-233.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.101.920.110.10
Total Volume1,9241,0933,6952,5341,856
Total OI39,869.82626,74148,89241,17831,938

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$48.69$45.0079.3%22.7%105.0%26.5%90.2%-15.3%-0.2%961.0K-45.6M-281.4K0.1157.64N/AN/A2,27625831,9589,220
2021-03-02$49.85$45.0078.6%22.5%87.9%26.0%85.1%-13.0%-0.1%1.1M-48.2M-283.4K0.1842.43N/AN/A1,02218232,3109,245
2021-03-03$47.69$45.0078.5%22.5%52.9%25.0%83.9%-10.8%-1.7%912.7K-40.5M-273.5K1.9245.32N/AN/A1,2652,43032,5449,309
2021-03-04$44.58$50.0077.6%21.8%57.2%24.3%76.9%-9.5%1.3%642.7K-22.8M-271.6K0.4512.71N/AN/A1,92086232,63911,266
2021-03-05$43.93$49.0069.6%20.0%56.3%18.2%74.6%-11.4%3.7%463.1K-16.4M-260.6K0.8715.36N/AN/A1,6121,40532,77811,893
2021-03-08$43.83$51.0073.6%20.7%53.7%21.3%73.8%-8.0%2.5%469.4K-15.5M-257.2K0.2913.59N/AN/A84924833,12512,422
2021-03-09$46.72$51.0068.7%19.8%57.0%17.5%73.1%-11.1%5.2%634.5K-26.6M-271.5K0.2514.13N/AN/A1,89146533,18412,547
2021-03-10$47.61$51.0068.4%19.6%57.5%17.3%70.0%-9.2%3.0%724.2K-29.7M-273.6K0.8314.19N/AN/A97080833,39112,414
2021-03-11$47.24$51.0069.5%19.9%57.2%18.2%68.9%-12.2%3.2%681.8K-28.4M-275.7K0.6813.25N/AN/A83557033,61113,114
2021-03-12$46.48$51.0066.9%19.2%57.4%14.7%69.4%-9.9%3.9%595.1K-23.8M-271.6K0.2019.79N/AN/A1,09021333,54613,489
2021-03-15$47.76$50.0069.0%19.8%57.8%16.3%73.0%-8.9%4.8%736.1K-30.7M-272.8K0.4312.84N/AN/A1,42561033,85813,573
2021-03-16$46.60$50.0069.4%19.9%58.2%16.6%71.2%-9.0%2.4%540.3K-24.1M-267.0K0.1713.80N/AN/A96116334,03514,086
2021-03-17$48.14$50.0071.0%20.4%59.6%17.9%72.5%-10.0%2.2%793.2K-33.3M-272.2K0.2525.49N/AN/A1,35233434,29714,126
2021-03-18$46.73$49.0068.3%19.6%59.8%15.8%70.0%-7.6%2.9%580.7K-26.0M-263.2K0.4020.25N/AN/A93137734,65214,150
2021-03-19$47.58$48.0064.8%18.6%59.8%13.1%69.0%-4.0%5.1%368.5K-29.9M-265.2K0.6619.64N/AN/A1,6971,11334,76414,128
2021-03-22$45.92$48.0064.1%18.4%54.3%12.6%66.9%-5.3%2.9%156.9K-16.1M-253.1K0.5719.28N/AN/A86849515,91210,829
2021-03-23$43.33$48.0058.8%16.9%56.2%8.5%63.2%-3.6%3.5%77.1K-8.8M-240.6K0.5225.66N/AN/A1,03053716,28611,204
2021-03-24$43.37$48.0055.3%15.9%55.7%5.8%58.9%-3.5%2.1%64.6K-7.5M-241.9K0.1334.38N/AN/A96512816,54311,620
2021-03-25$43.50$47.0055.9%16.0%55.2%6.2%59.1%-2.4%2.4%90.2K-8.2M-242.2K1.0033.46N/AN/A1,2421,23716,89011,659
2021-03-26$43.15$47.0054.5%15.6%51.0%5.2%59.5%-1.8%3.5%138.4K-8.0M-240.5K0.3228.32N/AN/A84027017,45611,449
2021-03-29$41.95$46.0055.5%15.9%51.6%5.9%56.6%-1.5%1.6%70.5K-4.0M-229.6K0.2042.84N/AN/A1,59631717,71711,584
2021-03-30$39.65$45.0060.7%17.4%53.0%9.9%64.1%3.8%0.9%39.7K1.1M-219.9K0.5839.94N/AN/A1,7321,00518,56011,685
2021-03-31$41.02$45.0056.6%16.2%53.8%6.7%61.5%0.0%2.6%90.3K-2.2M-233.0K0.1035.15N/AN/A1,68217419,52612,412