AGQ Options History — May 2021

In May 2021, AGQ traded between $47.82 and $54.53. ATM implied volatility averaged 61.5%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 17.8%. IV traded above realized volatility by 7.8% (HV 20d: 53.6%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.20.

Notable Days

  • 2021-05-21: Highest Volume — 5,352 contracts
  • 2021-05-06: Largest IV spike — 9.8% change
  • 2021-05-18: Highest IV Rank — 16.5%
  • 2021-05-18: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.68$47.82$54.53$49.70$53.23
Max Pain$48.50$45.00$50.00$45.00$50.00
ATM IV61.5%53.9%67.5%59.3%60.2%
Expected Move17.8%15.5%19.3%17.0%17.3%
HV 20d53.6%50.1%56.5%50.1%52.9%
HV 60d52.7%48.7%55.1%52.6%48.7%
IV Rank12.0%6.3%16.5%10.3%11.0%
IV Percentile19.7%6.3%31.7%14.7%17.1%
Term Structure2.5%-1.1%4.8%0.2%2.7%
VWIV64.8%56.6%69.6%61.5%62.6%
Skew 25d-10.7%-26.7%-5.9%-11.8%-5.9%
Skew 10d-21.7%-45.4%-13.3%-23.4%-14.0%
Call IV 25d71.1%62.5%86.4%68.5%64.7%
Put IV 25d60.4%53.8%67.1%56.7%58.8%
Bid-Ask Spread %27.4318.3434.4534.4528.54
Gamma HHI0.090.080.210.080.09
Net GEX1.3M857.6K1.8M1.0M1.1M
Net DEX-54.1M-76.5M-35.1M-44.3M-53.1M
Net VEX-285.0K-292.8K-271.8K-274.1K-289.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.070.390.130.16
Total Volume2,300.656685,3523,3331,595
Total OI38,085.1533,42342,40134,91236,796

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$49.70$45.0059.3%17.0%50.1%10.3%61.5%-11.8%0.2%1.0M-44.3M-274.1K0.1334.45N/AN/A2,95138223,85711,055
2021-05-04$47.82$45.0059.6%17.1%52.1%10.6%64.0%-12.1%-1.1%952.9K-35.1M-272.5K0.3427.23N/AN/A1,84662924,20811,205
2021-05-05$47.96$45.0053.9%15.5%52.1%6.3%56.6%-8.7%2.7%1.1M-35.8M-271.8K0.0729.16N/AN/A8535824,89611,148
2021-05-06$51.19$48.0059.2%17.8%55.9%10.3%65.9%-26.7%0.5%1.2M-55.5M-292.7K0.2527.64N/AN/A2,44161225,44211,191
2021-05-07$51.57$48.0058.2%17.9%55.1%9.5%67.2%-14.5%2.7%1.3M-55.5M-288.3K0.1829.49N/AN/A1,79532025,72411,461
2021-05-10$51.14$48.0056.5%17.2%53.0%8.2%65.1%-13.1%4.1%1.4M-54.2M-282.1K0.2730.74N/AN/A2,54669226,20011,420
2021-05-11$52.18$48.0061.3%17.7%51.6%11.8%64.2%-13.7%2.7%1.4M-60.0M-290.9K0.1725.10N/AN/A1,44225227,03811,943
2021-05-12$50.08$48.0061.8%17.7%54.5%12.2%64.5%-10.8%3.0%1.4M-48.9M-288.6K0.2123.71N/AN/A1,22426127,58612,056
2021-05-13$50.29$48.0060.9%17.5%53.4%11.5%63.4%-10.3%4.3%1.4M-50.2M-287.4K0.1222.51N/AN/A96711627,87812,154
2021-05-14$51.34$48.0061.3%17.6%53.7%11.8%62.9%-9.0%3.3%1.6M-56.3M-284.2K0.3931.35N/AN/A61324228,13512,156
2021-05-17$54.47$49.0067.1%19.2%56.5%16.2%69.6%-11.3%3.6%1.7M-76.5M-288.4K0.2328.26N/AN/A3,07369428,23312,297
2021-05-18$54.53$50.0067.5%19.3%56.5%16.5%69.2%-10.8%4.8%1.8M-75.7M-289.4K0.1221.60N/AN/A2,95634528,30412,769
2021-05-19$52.40$50.0067.0%19.2%55.0%16.2%68.9%-10.6%3.0%1.7M-61.8M-285.8K0.1433.36N/AN/A2,53536128,92612,905
2021-05-20$52.73$50.0065.6%18.8%52.5%15.1%67.9%-8.1%1.1%1.7M-63.5M-283.5K0.1632.58N/AN/A1,37421428,97213,057
2021-05-21$51.62$50.0061.5%17.6%53.0%12.0%63.1%-7.9%3.2%1.8M-54.8M-279.3K0.1119.75N/AN/A4,84251029,28313,118
2021-05-24$52.67$50.0062.5%17.9%53.1%12.7%64.2%-6.8%2.2%857.6K-47.2M-282.9K0.1525.14N/AN/A1,78626522,70710,716
2021-05-25$53.49$50.0064.1%18.4%53.2%14.0%66.3%-7.5%2.2%896.5K-51.8M-285.4K0.1129.73N/AN/A2,56829023,24310,845
2021-05-26$52.22$50.0060.8%17.4%54.2%11.5%64.8%-7.7%2.8%1.1M-49.5M-292.8K0.2329.99N/AN/A1,37831725,20610,920
2021-05-27$53.01$50.0060.7%17.4%54.0%11.4%63.3%-7.0%2.7%1.1M-52.4M-289.7K0.3618.34N/AN/A49017825,48011,173
2021-05-28$53.23$50.0060.2%17.3%52.9%11.0%62.6%-5.9%2.7%1.1M-53.1M-289.9K0.1628.54N/AN/A1,37222325,54711,249