AGQ Options History — May 2023

In May 2023, AGQ traded between $27.15 and $36.26. ATM implied volatility averaged 56.2%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 12.2% (HV 20d: 44.0%). Max pain ranged from $28.00 to $31.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.41.

Notable Days

  • 2023-05-08: Highest Volume — 4,626 contracts
  • 2023-05-05: Largest IV drop — 7.1% change
  • 2023-05-04: Highest IV Rank — 32.5%
  • 2023-05-04: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.28$27.15$36.26$33.24$29.11
Max Pain$29.00$28.00$31.00$31.00$29.00
ATM IV56.2%53.3%62.8%54.3%54.5%
Expected Move16.1%15.3%17.6%15.6%15.6%
HV 20d44.0%29.5%53.2%40.8%52.8%
HV 60d53.6%50.0%55.6%54.1%55.2%
IV Rank15.9%8.6%32.5%11.2%11.7%
IV Percentile24.2%8.7%65.5%12.3%14.3%
Term Structure0.8%-2.0%4.1%0.3%-1.8%
VWIV59.0%55.1%65.4%56.7%57.3%
Skew 25d-4.4%-7.0%-1.7%-1.7%-2.6%
Skew 10d-9.8%-14.0%-3.7%-3.7%-7.5%
Call IV 25d60.8%56.1%67.4%56.9%58.0%
Put IV 25d56.4%53.4%61.4%55.2%55.5%
Bid-Ask Spread %36.649.6657.6517.1429.08
Gamma HHI0.090.080.100.090.09
Net GEX590.7K374.5K778.5K639.4K508.6K
Net DEX-31.7M-52.1M-15.3M-39.1M-23.1M
Net VEX-192.1K-226.5K-161.1K-211.5K-171.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.072.270.420.26
Total Volume1,309.4553864,6261,429951
Total OI35,478.40933,69438,17633,69435,765

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$33.24$31.0054.3%15.6%40.8%11.2%56.7%-1.7%0.3%639.4K-39.1M-211.5K0.4217.14N/AN/A1,00442525,7137,981
2023-05-02$34.36$31.0058.0%16.6%41.9%20.5%60.3%-3.7%0.4%679.4K-43.7M-219.7K0.3650.16N/AN/A73026525,9958,204
2023-05-03$34.52$31.0059.1%16.9%29.5%23.3%61.5%-2.4%-0.7%684.8K-44.2M-221.5K0.1954.24N/AN/A68412726,2698,401
2023-05-04$36.26$28.0062.8%17.6%33.9%32.5%65.4%-6.0%0.9%719.7K-52.1M-226.5K0.1750.93N/AN/A1,91232426,4118,493
2023-05-05$35.16$28.0058.3%16.7%36.0%21.3%60.7%-5.8%2.0%741.1K-47.2M-224.2K0.3252.55N/AN/A94330227,0538,621
2023-05-08$34.83$28.0058.8%16.8%36.2%22.6%60.7%-6.1%2.2%763.1K-46.8M-221.3K2.2748.01N/AN/A1,4143,21227,3958,677
2023-05-09$34.91$28.0057.9%16.7%36.0%20.1%61.7%-5.5%2.1%778.5K-47.6M-208.0K0.1036.11N/AN/A3503627,2217,506
2023-05-10$34.31$28.0056.7%16.3%34.5%17.2%59.0%-6.6%4.1%754.5K-45.2M-204.0K0.3226.21N/AN/A44614327,2367,513
2023-05-11$31.01$28.0056.8%16.3%48.1%17.4%59.5%-7.0%3.2%592.7K-30.4M-191.0K0.4054.10N/AN/A1,71468127,3087,575
2023-05-12$30.45$29.0056.1%16.1%47.0%15.8%57.2%-4.7%2.5%610.6K-28.3M-189.5K0.7237.30N/AN/A1,27091928,0787,758
2023-05-15$30.65$29.0056.0%16.0%46.3%15.4%61.1%-5.5%2.7%633.1K-29.9M-192.2K0.3311.62N/AN/A44714728,6898,303
2023-05-16$29.86$29.0055.7%16.0%46.5%14.8%57.8%-4.2%3.2%567.2K-25.9M-185.8K0.2525.86N/AN/A76819328,8268,340
2023-05-17$29.88$29.0054.8%15.7%46.1%12.4%59.4%-5.0%2.6%577.4K-26.1M-186.0K0.1151.42N/AN/A8019229,0418,392
2023-05-18$29.21$29.0053.4%15.3%46.5%9.0%56.7%-3.1%0.4%475.8K-22.2M-178.2K0.3557.65N/AN/A1,43550829,2178,419
2023-05-19$29.86$29.0053.3%15.3%47.5%8.6%55.1%-5.5%1.1%607.6K-25.1M-181.5K0.3133.25N/AN/A1,12034729,5578,619
2023-05-22$29.46$29.0054.4%15.6%47.3%11.5%58.0%-4.8%-0.7%492.4K-24.5M-177.4K0.4832.38N/AN/A48123326,3917,700
2023-05-23$28.98$29.0055.7%16.0%47.3%14.7%59.6%-3.9%-1.6%461.2K-22.4M-173.1K0.2726.03N/AN/A37110026,5047,884
2023-05-24$27.99$29.0056.2%16.1%48.3%16.0%57.8%-3.3%-2.0%417.2K-18.5M-167.5K0.349.66N/AN/A56018826,3957,929
2023-05-25$27.15$29.0055.6%15.9%48.7%14.5%58.0%-3.0%-1.1%374.5K-15.3M-161.1K0.6617.33N/AN/A71146826,5647,997
2023-05-26$28.62$29.0053.4%15.3%53.2%8.8%56.1%-2.5%0.1%458.3K-21.0M-169.9K0.2428.08N/AN/A83219926,8438,254
2023-05-30$28.30$29.0054.4%15.6%53.2%11.3%57.7%-2.9%-1.4%458.1K-19.6M-165.4K0.0757.03N/AN/A8916427,1708,318
2023-05-31$29.11$29.0054.5%15.6%52.8%11.7%57.3%-2.6%-1.8%508.6K-23.1M-171.1K0.2629.08N/AN/A75419727,3978,368