AGQ Options History — March 2022

In March 2022, AGQ traded between $38.47 and $45.40. ATM implied volatility averaged 68.0%, placing in the 57.5% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded above realized volatility by 8.8% (HV 20d: 59.2%). Max pain ranged from $33.00 to $40.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.53.

Notable Days

2022-03-08: Highest Volume — 9,458 contracts
2022-03-04: Largest IV spike — 17.4% change
2022-03-04: Highest IV Rank — 100.0%
2022-03-08: Largest Expected Move — 28.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.42	$38.47	$45.40	$40.80	$38.67
Max Pain	$34.77	$33.00	$40.00	$33.00	$36.00
ATM IV	68.0%	57.9%	89.6%	68.5%	57.9%
Expected Move	20.2%	16.5%	28.2%	19.6%	16.5%
HV 20d	59.2%	42.6%	70.8%	42.7%	64.6%
HV 60d	50.6%	44.7%	55.0%	44.7%	54.2%
IV Rank	57.5%	32.5%	100.0%	71.9%	32.5%
IV Percentile	92.4%	75.8%	100.0%	96.0%	75.8%
Term Structure	0.2%	-5.9%	2.7%	-5.9%	-0.1%
VWIV	75.4%	59.2%	108.4%	70.7%	59.2%
Skew 25d	-13.5%	-26.3%	-8.5%	-10.8%	-10.4%
Skew 10d	-23.6%	-31.3%	-12.4%	-20.4%	-22.6%
Call IV 25d	78.0%	65.0%	109.5%	76.0%	65.0%
Put IV 25d	64.5%	54.7%	83.2%	65.2%	54.7%
Bid-Ask Spread %	25.51	13.50	44.41	28.47	19.84
Gamma HHI	0.08	0.07	0.11	0.07	0.08
Net GEX	733.7K	504.7K	1.0M	627.6K	683.2K
Net DEX	-36.5M	-62.0M	-22.7M	-30.7M	-26.0M
Net VEX	-235.5K	-258.9K	-183.3K	-183.3K	-230.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.17	0.75	0.23	0.46
Total Volume	4,124.391	2,819	9,458	7,613	3,368
Total OI	30,405.304	25,155	35,021	25,155	29,733

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$40.80	$33.00	68.5%	19.6%	42.7%	71.9%	70.7%	-10.8%	-5.9%	627.6K	-30.7M	-183.3K	0.23	28.47	N/A	N/A	6,197	1,416	18,663	6,492
2022-03-02	$40.44	$33.00	66.1%	19.0%	43.3%	65.5%	69.9%	-11.2%	-0.6%	729.1K	-37.4M	-230.7K	0.58	32.36	N/A	N/A	2,167	1,262	22,226	6,511
2022-03-03	$40.11	$33.00	66.4%	19.0%	43.7%	68.0%	68.7%	-11.0%	-0.2%	745.9K	-36.6M	-232.0K	0.48	32.85	N/A	N/A	2,686	1,297	22,552	6,592
2022-03-04	$41.62	$33.00	78.0%	22.4%	42.6%	100.0%	79.7%	-18.1%	-1.4%	732.5K	-44.2M	-242.2K	0.42	30.86	N/A	N/A	3,031	1,288	22,980	6,710
2022-03-07	$41.54	$33.00	87.2%	25.0%	42.9%	100.0%	88.8%	-22.5%	-3.4%	748.7K	-45.9M	-242.2K	0.52	41.19	N/A	N/A	2,700	1,412	23,527	6,658
2022-03-08	$45.40	$33.00	89.6%	28.2%	49.3%	100.0%	107.4%	-26.3%	-2.9%	753.6K	-62.0M	-258.8K	0.17	34.95	N/A	N/A	8,057	1,401	24,122	6,826
2022-03-09	$42.13	$33.00	79.0%	26.0%	58.8%	77.4%	106.4%	-17.0%	-0.9%	840.2K	-50.3M	-255.8K	0.41	43.73	N/A	N/A	3,326	1,357	26,110	6,987
2022-03-10	$43.02	$33.00	76.4%	24.2%	58.9%	72.0%	102.4%	-16.6%	-0.5%	926.7K	-54.7M	-258.9K	0.42	37.55	N/A	N/A	3,119	1,310	26,582	6,986
2022-03-11	$42.65	$33.00	73.9%	23.8%	58.9%	66.6%	108.4%	-15.8%	1.0%	980.4K	-53.6M	-258.9K	0.46	44.41	N/A	N/A	2,574	1,185	27,201	7,065
2022-03-14	$39.81	$35.00	69.3%	20.3%	64.4%	56.8%	77.2%	-12.8%	1.3%	890.9K	-40.7M	-237.1K	0.45	18.89	N/A	N/A	2,993	1,334	27,267	7,105
2022-03-15	$39.06	$35.00	68.1%	19.8%	64.8%	54.3%	76.8%	-14.8%	1.8%	851.3K	-37.3M	-234.2K	0.61	18.52	N/A	N/A	2,300	1,411	27,588	7,196
2022-03-16	$39.17	$35.00	64.0%	18.9%	62.5%	45.5%	71.4%	-11.3%	1.4%	885.5K	-36.7M	-230.9K	0.53	20.91	N/A	N/A	2,303	1,213	27,811	7,210
2022-03-17	$40.26	$0.00	66.2%	19.2%	62.8%	50.2%	68.3%	-13.3%	0.9%	1.0M	-40.0M	-238.0K	0.54	16.28	N/A	N/A	2,469	1,325	27,565	7,283
2022-03-18	$38.76	$40.00	61.6%	18.3%	64.6%	40.4%	64.1%	-10.9%	2.7%	504.7K	-22.7M	-224.3K	0.68	13.50	N/A	N/A	2,236	1,528	27,257	7,284
2022-03-21	$40.13	$34.00	61.3%	18.1%	65.5%	39.7%	67.5%	-8.5%	1.7%	568.9K	-28.0M	-232.8K	0.56	18.32	N/A	N/A	2,135	1,206	19,964	5,716
2022-03-22	$38.47	$37.00	57.9%	17.3%	67.4%	32.5%	62.7%	-9.0%	2.6%	565.3K	-23.8M	-224.5K	0.71	17.42	N/A	N/A	1,889	1,346	20,632	5,849
2022-03-23	$39.81	$36.00	62.6%	18.3%	67.7%	42.6%	64.2%	-10.0%	1.9%	622.1K	-28.0M	-232.9K	0.75	18.26	N/A	N/A	1,793	1,351	20,934	6,030
2022-03-24	$41.43	$36.00	66.1%	18.8%	67.6%	49.9%	65.8%	-14.3%	-1.3%	669.0K	-34.1M	-244.1K	0.61	19.71	N/A	N/A	2,651	1,615	21,184	6,138
2022-03-25	$40.64	$36.00	64.1%	18.9%	68.1%	45.8%	67.0%	-12.9%	2.4%	645.3K	-31.6M	-240.0K	0.69	18.67	N/A	N/A	1,981	1,373	21,599	6,387
2022-03-28	$38.58	$36.00	60.8%	18.0%	70.8%	38.7%	63.8%	-14.8%	2.4%	608.5K	-25.5M	-228.7K	0.67	21.76	N/A	N/A	1,948	1,301	21,992	6,418
2022-03-29	$38.50	$36.00	61.2%	17.6%	64.6%	39.5%	63.6%	-9.4%	0.6%	603.7K	-24.6M	-226.1K	0.57	17.60	N/A	N/A	2,026	1,162	22,372	6,591
2022-03-30	$38.76	$36.00	58.3%	17.1%	64.7%	33.3%	61.2%	-9.8%	1.1%	655.3K	-26.0M	-230.4K	0.63	20.65	N/A	N/A	1,734	1,085	22,734	6,693
2022-03-31	$38.67	$36.00	57.9%	16.5%	64.6%	32.5%	59.2%	-10.4%	-0.1%	683.2K	-26.0M	-230.2K	0.46	19.84	N/A	N/A	2,303	1,065	23,004	6,729