AGQ Options History — January 2023

In January 2023, AGQ traded between $30.01 and $32.75. ATM implied volatility averaged 60.2%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 0.8% (HV 20d: 59.4%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.45.

Notable Days

  • 2023-01-23: Highest Volume — 4,232 contracts
  • 2023-01-06: Largest IV drop — 7.6% change
  • 2023-01-03: Highest IV Rank — 43.7%
  • 2023-01-04: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.23$30.01$32.75$32.01$31.09
Max Pain$29.50$25.00$30.00$25.00$30.00
ATM IV60.2%57.0%64.3%63.5%59.0%
Expected Move17.3%16.4%18.4%18.2%16.9%
HV 20d59.4%46.2%72.5%72.5%46.4%
HV 60d67.3%65.9%70.1%70.1%65.9%
IV Rank30.1%18.9%43.7%43.7%23.7%
IV Percentile48.4%30.2%69.0%67.1%40.9%
Term Structure-0.4%-2.0%1.7%0.1%-1.8%
VWIV61.2%57.8%65.4%63.9%59.5%
Skew 25d-1.5%-4.0%1.1%-2.4%-0.3%
Skew 10d-1.5%-6.1%1.2%-2.8%1.2%
Call IV 25d62.5%57.8%67.7%66.0%59.6%
Put IV 25d61.0%58.0%65.6%63.6%59.3%
Bid-Ask Spread %35.1021.5355.0548.7448.02
Gamma HHI0.140.070.630.100.09
Net GEX539.6K256.8K1.2M571.7K379.3K
Net DEX-31.2M-41.7M-19.4M-37.3M-24.2M
Net VEX-113.0K-133.0K-96.0K-116.0K-129.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.122.080.120.39
Total Volume1,4324284,2321,569591
Total OI33,405.3519,91340,69037,95124,388

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$32.01$25.0063.5%18.2%72.5%43.7%63.9%-2.4%0.1%571.7K-37.3M-116.0K0.1248.74N/AN/A1,40716229,4278,524
2023-01-04$31.27$25.0064.3%18.4%64.7%43.1%65.4%-0.5%0.9%532.9K-33.5M-112.5K0.4155.05N/AN/A83233729,6198,489
2023-01-05$30.01$30.0063.4%18.2%66.8%41.1%64.4%-3.3%-1.5%505.5K-28.6M-110.8K0.7021.53N/AN/A58241029,8248,563
2023-01-06$31.63$30.0058.6%17.6%67.1%29.7%61.8%-3.8%0.2%595.3K-36.5M-112.2K0.1824.43N/AN/A87715730,1548,557
2023-01-09$31.00$30.0063.0%17.8%67.0%39.6%64.0%-2.4%-0.4%557.9K-33.1M-107.3K0.3226.95N/AN/A53316930,0408,630
2023-01-10$30.93$30.0063.6%17.7%65.8%41.0%63.2%-2.9%-1.1%558.1K-32.6M-106.6K0.2925.71N/AN/A35010130,2708,732
2023-01-11$30.41$30.0061.2%17.5%65.9%34.1%64.0%-4.0%-0.7%537.6K-30.6M-105.7K0.3927.81N/AN/A93736630,4258,736
2023-01-12$31.43$30.0059.1%16.9%65.3%29.2%60.0%-1.2%0.1%662.4K-35.2M-104.9K0.5433.73N/AN/A65635130,6488,766
2023-01-13$32.75$30.0059.2%17.0%66.8%29.5%60.6%-0.7%1.2%747.1K-41.7M-105.5K0.3427.48N/AN/A1,25042830,5028,759
2023-01-17$31.80$30.0060.1%17.2%61.8%31.5%61.1%-0.7%0.0%661.2K-36.5M-98.5K0.2135.00N/AN/A83117430,6338,944
2023-01-18$30.55$30.0059.7%17.1%63.5%30.5%60.1%-2.1%-1.1%436.2K-31.4M-96.0K0.2841.94N/AN/A2,14860930,8438,545
2023-01-19$31.69$30.0060.4%17.3%63.9%27.8%61.3%-1.4%-1.0%799.9K-39.6M-105.8K0.1232.03N/AN/A2,09625932,1188,198
2023-01-20$31.84$30.0058.6%16.8%50.4%22.7%59.2%-1.0%0.9%1.2M-39.1M-108.3K1.0031.93N/AN/A1,4421,44032,6148,076
2023-01-23$30.40$30.0059.0%16.9%52.5%23.6%59.9%1.1%1.7%256.8K-19.4M-106.9K0.3943.44N/AN/A3,0471,18514,9194,994
2023-01-24$30.98$30.0058.8%16.9%51.0%23.2%59.6%-1.1%-1.7%345.4K-24.5M-121.1K0.5226.54N/AN/A75939316,6415,064
2023-01-25$31.66$30.0059.1%17.0%51.2%24.1%59.3%-1.7%-1.2%367.5K-26.2M-124.4K0.1336.54N/AN/A6338416,9505,380
2023-01-26$31.67$30.0057.3%16.4%50.2%19.4%58.7%-1.2%-0.6%392.1K-26.8M-124.8K2.0843.76N/AN/A5871,22217,2715,403
2023-01-27$30.75$30.0057.0%16.4%48.3%18.9%57.8%0.2%-0.3%351.0K-23.0M-133.0K0.2527.44N/AN/A64516217,6346,520
2023-01-30$30.75$30.0059.3%17.0%46.2%24.6%60.2%-1.4%-2.0%373.8K-23.1M-130.4K0.3843.87N/AN/A31011817,7916,516
2023-01-31$31.09$30.0059.0%16.9%46.4%23.7%59.5%-0.3%-1.8%379.3K-24.2M-129.5K0.3948.02N/AN/A42416717,7986,590