AGQ Options History — February 2023

In February 2023, AGQ traded between $23.02 and $31.95. ATM implied volatility averaged 55.4%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 4.3% (HV 20d: 51.1%). Max pain ranged from $23.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.25.

Notable Days

  • 2023-02-03: Highest Volume — 3,111 contracts
  • 2023-02-08: Largest IV drop — 9.1% change
  • 2023-02-06: Highest IV Rank — 34.4%
  • 2023-02-01: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.30$23.02$31.95$31.95$23.79
Max Pain$23.47$23.00$30.00$30.00$23.00
ATM IV55.4%52.0%63.3%58.6%52.2%
Expected Move15.7%14.9%16.8%16.8%15.0%
HV 20d51.1%45.2%60.0%47.5%50.1%
HV 60d62.3%59.2%66.0%66.0%59.2%
IV Rank14.7%6.3%34.4%22.7%6.7%
IV Percentile18.4%1.2%65.1%37.3%1.6%
Term Structure1.1%-1.0%3.6%-1.0%-0.8%
VWIV55.1%51.6%58.9%58.3%51.6%
Skew 25d0.9%-2.3%3.5%0.4%2.6%
Skew 10d1.0%-3.7%4.9%2.2%1.6%
Call IV 25d55.2%51.5%59.4%58.5%51.9%
Put IV 25d56.0%53.0%59.0%58.9%54.5%
Bid-Ask Spread %33.3810.0552.6752.6716.62
Gamma HHI0.090.080.100.090.09
Net GEX309.9K211.0K418.6K418.6K404.4K
Net DEX-11.4M-27.4M-6.1M-27.4M-8.7M
Net VEX-118.1K-131.2K-108.2K-131.2K-113.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.031.051.050.31
Total Volume1,549.3167693,1111,0661,538
Total OI28,623.78924,57931,88524,57930,415

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$31.95$30.0058.6%16.8%47.5%22.7%58.3%0.4%-1.0%418.6K-27.4M-131.2K1.0552.67N/AN/A52054617,8976,682
2023-02-02$30.33$23.0057.6%16.3%50.4%20.2%57.6%-2.3%1.7%380.1K-21.8M-127.0K0.2446.75N/AN/A2,19953118,0786,739
2023-02-03$27.44$23.0059.2%16.2%60.0%24.2%57.2%1.2%0.4%278.8K-12.0M-117.6K0.3347.95N/AN/A2,34676519,1506,959
2023-02-06$27.11$23.0063.3%16.4%56.1%34.4%58.2%-0.3%1.5%285.2K-11.8M-121.9K0.1947.75N/AN/A1,09120920,3727,432
2023-02-07$26.94$23.0061.1%16.6%55.9%28.9%58.9%-0.4%0.2%263.3K-10.8M-120.0K0.1845.81N/AN/A82614620,5187,527
2023-02-08$27.24$23.0055.5%15.9%56.2%15.1%55.4%-0.5%1.3%292.0K-12.4M-122.5K0.0344.28N/AN/A1,2193320,7167,513
2023-02-09$26.40$23.0056.7%16.3%56.8%18.1%57.3%1.3%0.7%240.4K-9.2M-116.1K0.2144.31N/AN/A73115421,5207,510
2023-02-10$26.58$23.0055.2%15.8%55.1%14.2%56.0%0.8%3.1%242.4K-9.7M-115.9K0.1825.04N/AN/A64912021,6967,557
2023-02-13$26.39$23.0056.5%16.2%51.9%17.5%56.3%1.1%2.2%235.7K-9.5M-116.3K0.1517.37N/AN/A74511321,9907,619
2023-02-14$26.20$23.0054.9%15.7%51.5%13.4%54.7%1.6%2.3%211.0K-8.3M-112.8K0.2234.38N/AN/A1,23627322,2817,675
2023-02-15$25.56$23.0053.3%15.3%50.5%9.5%54.2%0.7%3.6%213.5K-7.2M-113.9K0.3037.53N/AN/A83925523,1007,643
2023-02-16$25.51$23.0052.8%15.1%47.7%8.4%53.5%1.2%0.6%245.4K-8.6M-114.7K0.1914.78N/AN/A1,53028923,7977,241
2023-02-17$25.77$24.0052.0%14.9%48.0%6.3%52.4%1.3%2.3%303.2K-9.9M-118.9K0.3316.00N/AN/A1,91462524,6727,213
2023-02-21$26.09$24.0054.0%15.5%46.7%11.4%54.7%0.0%0.7%388.6K-14.3M-123.3K0.0747.67N/AN/A1,68711720,5096,331
2023-02-22$25.12$23.0052.8%15.1%46.8%8.4%53.1%0.8%1.0%412.7K-12.2M-121.4K0.1731.43N/AN/A95816521,8606,354
2023-02-23$24.80$23.0052.3%15.0%45.2%7.0%52.9%2.9%-0.3%402.8K-10.8M-118.6K0.1734.99N/AN/A1,08718122,0836,420
2023-02-24$23.41$23.0052.2%15.0%47.7%6.8%52.6%3.5%1.8%333.3K-6.6M-108.2K0.1510.05N/AN/A2,17332522,3336,468
2023-02-27$23.02$23.0052.2%15.0%47.4%6.9%51.9%0.4%0.5%336.9K-6.1M-109.8K0.2218.85N/AN/A1,06623623,4096,573
2023-02-28$23.79$23.0052.2%15.0%50.1%6.7%51.6%2.6%-0.8%404.4K-8.7M-113.8K0.3116.62N/AN/A1,17336523,8876,528