AGQ Options History — April 2023

In April 2023, AGQ traded between $30.95 and $35.89. ATM implied volatility averaged 58.9%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 10.8% (HV 20d: 48.1%). Max pain ranged from $24.00 to $31.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.29.

Notable Days

  • 2023-04-04: Highest Volume — 3,319 contracts
  • 2023-04-04: Largest IV spike — 16.2% change
  • 2023-04-04: Highest IV Rank — 49.7%
  • 2023-04-04: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.70$30.95$35.89$30.95$33.45
Max Pain$28.79$24.00$31.00$24.00$31.00
ATM IV58.9%52.8%69.4%59.7%52.8%
Expected Move17.0%15.1%19.9%17.1%15.1%
HV 20d48.1%40.8%65.8%65.8%40.8%
HV 60d56.4%55.2%57.7%56.0%55.2%
IV Rank22.9%7.3%49.7%25.6%7.3%
IV Percentile38.5%5.2%86.9%48.0%5.2%
Term Structure0.9%-1.9%1.9%1.7%1.9%
VWIV60.3%53.7%70.4%62.0%53.7%
Skew 25d-4.1%-7.2%-1.4%-6.3%-1.4%
Skew 10d-6.8%-12.2%-1.9%-12.2%-7.0%
Call IV 25d62.9%55.2%74.1%65.2%55.2%
Put IV 25d58.8%53.7%66.8%58.9%53.8%
Bid-Ask Spread %38.917.3151.3145.0517.75
Gamma HHI0.090.080.100.080.09
Net GEX706.4K585.4K899.0K585.4K630.5K
Net DEX-46.8M-59.7M-36.9M-36.9M-39.4M
Net VEX-209.3K-215.1K-192.2K-192.2K-213.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.120.500.270.30
Total Volume1,387.3163383,319675338
Total OI34,236.36831,40737,24031,40733,574

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$30.95$24.0059.7%17.1%65.8%25.6%62.0%-6.3%1.7%585.4K-36.9M-192.2K0.2745.05N/AN/A53214325,2296,178
2023-04-04$33.69$24.0069.4%19.9%57.5%49.7%70.4%-7.2%-1.9%609.8K-48.0M-202.3K0.167.31N/AN/A2,86945025,4956,216
2023-04-05$33.52$24.0067.6%19.4%57.6%45.2%67.9%-5.1%0.6%642.3K-48.4M-208.6K0.2535.49N/AN/A87122026,3666,465
2023-04-06$33.31$28.0061.3%18.3%57.7%29.5%66.1%-6.4%1.6%664.2K-47.6M-207.4K0.3442.72N/AN/A95032426,5326,546
2023-04-10$33.33$28.0062.2%18.4%57.4%31.8%64.9%-6.0%0.5%691.0K-47.6M-203.6K0.2442.39N/AN/A85020226,6416,777
2023-04-11$33.80$29.0062.9%18.3%44.0%33.6%64.3%-4.5%0.7%720.6K-50.3M-205.1K0.2842.26N/AN/A1,19133326,8266,868
2023-04-12$34.94$29.0062.1%17.8%43.8%31.5%64.0%-4.8%1.0%765.5K-55.7M-208.6K0.4346.28N/AN/A1,34858527,3477,092
2023-04-13$35.89$29.0061.6%17.6%43.9%29.4%61.7%-5.3%0.5%777.5K-59.7M-212.5K0.4951.31N/AN/A1,73485327,5907,480
2023-04-14$34.59$30.0058.5%16.8%47.2%21.7%59.5%-5.2%0.9%805.7K-53.4M-214.8K0.1548.77N/AN/A2,01330527,9068,077
2023-04-17$33.55$30.0057.6%16.5%45.9%19.5%60.5%-4.1%1.6%796.0K-48.0M-211.7K0.4046.34N/AN/A1,01040028,0508,254
2023-04-18$33.96$30.0056.1%16.1%45.9%15.7%56.5%-3.0%1.9%833.5K-49.8M-212.0K0.5015.06N/AN/A42521128,1988,337
2023-04-19$34.34$30.0055.8%16.0%44.6%15.0%56.5%-2.8%0.5%867.3K-51.6M-210.6K0.2546.81N/AN/A1,01825328,1318,467
2023-04-20$34.09$30.0055.5%15.9%42.6%14.2%56.2%-4.3%1.6%899.0K-50.7M-211.7K0.2439.95N/AN/A65516028,5178,673
2023-04-21$33.54$30.0055.1%15.8%43.6%13.3%56.7%-2.6%1.4%728.8K-47.5M-211.3K0.1237.76N/AN/A1,47917128,5008,740
2023-04-24$33.83$30.0054.0%15.5%43.6%10.4%55.0%-2.3%1.1%602.3K-39.7M-208.2K0.1238.74N/AN/A1,98624024,3587,583
2023-04-25$33.34$30.0056.2%16.1%44.1%15.9%57.8%-2.3%-0.3%591.4K-38.5M-215.1K0.3247.04N/AN/A78925325,1907,735
2023-04-26$33.02$30.0056.0%16.0%44.0%15.4%57.1%-1.6%0.5%596.2K-37.6M-213.7K0.3147.47N/AN/A53416625,3467,782
2023-04-27$33.14$31.0053.9%15.5%43.8%10.2%55.4%-2.5%1.2%614.9K-38.2M-214.3K0.3340.78N/AN/A37512325,5307,895
2023-04-28$33.45$31.0052.8%15.1%40.8%7.3%53.7%-1.4%1.9%630.5K-39.4M-213.2K0.3017.75N/AN/A2607825,6287,946