AGQ Options History — March 2023

In March 2023, AGQ traded between $21.66 and $31.20. ATM implied volatility averaged 60.4%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 0.2% (HV 20d: 60.2%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.23.

Notable Days

  • 2023-03-17: Highest Volume — 6,521 contracts
  • 2023-03-13: Largest IV spike — 28.0% change
  • 2023-03-13: Highest IV Rank — 86.8%
  • 2023-03-17: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.21$21.66$31.20$23.89$31.20
Max Pain$23.57$23.00$24.00$24.00$24.00
ATM IV60.4%49.9%84.3%51.9%57.0%
Expected Move16.5%14.3%18.9%14.9%16.3%
HV 20d60.2%34.8%71.0%49.7%66.5%
HV 60d57.5%55.0%61.8%58.0%56.6%
IV Rank27.2%1.0%86.8%6.0%18.8%
IV Percentile45.1%0.4%99.6%0.8%29.8%
Term Structure0.4%-2.8%2.6%0.3%2.4%
VWIV59.1%49.2%68.9%51.8%57.7%
Skew 25d-3.6%-10.8%3.7%1.3%-6.8%
Skew 10d-6.6%-19.2%7.7%5.4%-13.8%
Call IV 25d61.1%48.6%75.3%52.1%62.8%
Put IV 25d57.5%52.3%64.5%53.4%56.0%
Bid-Ask Spread %29.3912.0946.7034.5231.29
Gamma HHI0.110.080.390.090.09
Net GEX482.0K264.1K749.8K409.5K572.0K
Net DEX-20.1M-37.4M-3.9M-9.0M-37.4M
Net VEX-150.6K-189.9K-111.5K-117.2K-189.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.030.660.240.38
Total Volume1,812.3045376,5211,2901,638
Total OI32,099.95727,10136,45931,16530,587

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$23.89$24.0051.9%14.9%49.7%6.0%51.8%1.3%0.3%409.5K-9.0M-117.2K0.2434.52N/AN/A1,04224824,3426,823
2023-03-02$23.74$24.0050.4%14.4%47.5%2.2%50.8%3.7%1.8%426.9K-8.6M-118.9K0.0312.09N/AN/A1,5674625,1326,973
2023-03-03$24.47$24.0049.9%14.3%47.9%1.0%49.2%3.6%1.6%513.2K-12.7M-134.3K0.1815.48N/AN/A1,07119426,5806,978
2023-03-06$23.95$24.0052.8%14.7%34.8%8.3%52.3%0.0%1.2%452.1K-11.0M-130.1K0.3535.63N/AN/A43615426,8317,060
2023-03-07$21.81$24.0057.8%15.0%46.5%20.8%53.1%1.3%1.7%285.1K-3.9M-111.5K0.2738.12N/AN/A2,64471626,9337,116
2023-03-08$21.73$23.0058.0%14.8%46.5%21.3%52.4%1.2%1.0%272.0K-4.1M-112.7K0.5431.49N/AN/A35419027,2097,337
2023-03-09$21.66$23.0063.3%15.6%45.9%34.4%54.6%1.3%-0.5%264.1K-4.5M-112.9K0.1413.84N/AN/A1,36719727,3367,194
2023-03-10$22.70$23.0065.8%16.0%49.7%40.8%57.1%-0.4%0.3%372.1K-8.7M-125.7K0.1444.12N/AN/A2,82540028,2567,294
2023-03-13$25.54$23.0084.3%17.9%66.7%86.8%65.9%-3.2%-2.8%696.9K-23.1M-149.3K0.1633.88N/AN/A4,35171029,0837,212
2023-03-14$25.38$23.0071.8%16.6%66.7%55.6%60.4%-4.8%-0.1%638.5K-20.8M-144.0K0.3627.94N/AN/A93333828,6077,539
2023-03-15$25.64$23.0063.0%18.1%66.8%33.8%67.0%-6.2%-2.2%691.3K-22.4M-146.3K0.1230.86N/AN/A2,65831228,9307,477
2023-03-16$25.46$23.0057.5%16.5%66.2%20.1%59.5%-3.1%0.3%712.6K-20.8M-142.9K0.6628.74N/AN/A84555428,8027,509
2023-03-17$27.20$23.0066.0%18.9%70.3%41.3%68.9%-10.8%-1.1%749.8K-31.9M-154.7K0.0714.86N/AN/A6,10541628,8887,571
2023-03-20$27.43$23.0063.9%18.3%70.2%36.1%67.0%-6.2%-1.0%361.6K-22.5M-168.4K0.1722.79N/AN/A1,08218221,7535,348
2023-03-21$26.95$23.0058.7%16.8%70.5%23.1%60.2%-4.3%0.8%370.0K-20.6M-163.9K0.2421.55N/AN/A53012922,0785,450
2023-03-22$28.36$24.0058.6%16.8%71.0%22.8%61.8%-5.4%-0.0%404.2K-25.2M-172.1K0.0846.70N/AN/A1,41211622,1575,540
2023-03-23$28.69$24.0062.4%17.9%70.6%32.4%66.6%-6.7%0.2%427.2K-26.6M-174.8K0.1342.36N/AN/A84511322,8105,519
2023-03-24$28.88$24.0061.0%17.5%66.4%28.8%63.5%-8.4%0.2%453.7K-27.8M-178.0K0.1638.25N/AN/A88714323,1485,506
2023-03-27$28.74$24.0060.5%17.4%65.8%27.6%61.7%-7.2%0.5%464.4K-27.3M-175.6K0.1727.49N/AN/A5709523,5295,498
2023-03-28$29.44$24.0059.9%17.2%65.5%26.1%62.6%-8.1%0.2%495.4K-29.9M-178.0K0.1831.16N/AN/A84915423,7145,497
2023-03-29$29.27$24.0055.9%16.0%65.8%16.0%56.9%-6.6%2.6%512.2K-29.4M-176.7K0.1634.24N/AN/A4647323,9105,539
2023-03-30$30.74$24.0058.2%16.7%66.8%21.8%58.2%-7.0%1.3%542.2K-34.9M-185.2K0.3018.57N/AN/A1,32640224,1545,550
2023-03-31$31.20$24.0057.0%16.3%66.5%18.8%57.7%-6.8%2.4%572.0K-37.4M-189.9K0.3831.29N/AN/A1,18545324,7925,795