AGQ Options History — July 2023

In July 2023, AGQ traded between $26.80 and $32.78. ATM implied volatility averaged 47.1%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 4.6% (HV 20d: 51.8%). Max pain ranged from $27.00 to $29.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.19.

Notable Days

  • 2023-07-12: Highest Volume — 3,994 contracts
  • 2023-07-28: Largest IV drop — 6.6% change
  • 2023-07-19: Highest IV Rank — 12.2%
  • 2023-07-19: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.25$26.80$32.78$27.20$31.45
Max Pain$27.55$27.00$29.00$27.00$29.00
ATM IV47.1%44.2%49.5%44.4%45.8%
Expected Move13.6%12.7%14.2%12.7%13.1%
HV 20d51.8%45.5%58.5%50.1%54.0%
HV 60d49.4%45.6%53.0%45.6%53.0%
IV Rank7.0%0.5%12.2%1.0%4.0%
IV Percentile4.9%0.8%9.1%1.2%2.8%
Term Structure0.7%-0.7%2.1%2.1%1.5%
VWIV48.7%46.4%50.6%47.1%48.0%
Skew 25d-4.0%-8.0%0.6%-1.8%-5.3%
Skew 10d-8.5%-15.1%-3.9%-3.9%-10.2%
Call IV 25d51.0%47.2%55.2%47.2%51.1%
Put IV 25d47.0%44.2%48.7%45.4%45.7%
Bid-Ask Spread %30.079.7853.7423.8652.10
Gamma HHI0.140.110.210.160.12
Net GEX819.6K563.4K1.0M594.4K820.6K
Net DEX-31.7M-48.2M-15.5M-17.9M-32.3M
Net VEX-162.8K-175.7K-147.8K-155.7K-161.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.040.840.050.34
Total Volume1,4443333,994617495
Total OI32,751.829,68435,61332,81731,186

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$27.20$27.0044.4%12.7%50.1%1.0%47.1%-1.8%2.1%594.4K-17.9M-155.7K0.0523.86N/AN/A5873025,5797,238
2023-07-05$27.89$27.0046.6%13.3%51.1%5.7%47.6%0.6%0.4%671.3K-20.9M-158.1K0.1452.20N/AN/A5497925,6887,229
2023-07-06$26.80$27.0046.4%13.6%52.8%5.4%48.8%-2.9%0.4%563.4K-15.5M-147.8K0.8429.53N/AN/A69958525,8027,239
2023-07-07$27.68$27.0044.5%13.3%54.3%1.1%48.6%-1.4%1.1%727.4K-20.9M-154.5K0.2424.20N/AN/A74217626,1226,881
2023-07-10$27.79$27.0047.1%13.4%47.8%6.8%48.1%-1.3%1.1%750.9K-21.2M-152.6K0.1224.43N/AN/A2973626,2106,859
2023-07-11$27.71$27.0047.2%13.6%47.7%7.0%47.9%-1.6%0.6%746.7K-20.9M-152.5K0.0831.43N/AN/A5914726,2886,859
2023-07-12$30.18$27.0047.4%13.6%57.3%7.6%49.6%-4.7%1.0%997.9K-34.0M-163.6K0.1416.04N/AN/A3,49549926,2926,875
2023-07-13$31.80$27.0049.1%14.1%58.5%11.3%50.2%-6.2%0.6%999.9K-41.4M-174.6K0.1810.93N/AN/A2,04437826,3176,877
2023-07-14$32.12$27.0046.6%13.4%58.2%5.8%48.1%-8.0%1.3%1.0M-43.6M-175.7K0.0621.94N/AN/A3,10717426,5616,935
2023-07-17$31.95$27.0048.7%14.0%58.2%10.4%49.2%-5.4%0.6%1.0M-41.9M-169.6K0.2131.63N/AN/A1,14523926,6687,007
2023-07-18$32.45$27.0049.5%14.2%57.9%12.2%50.6%-6.6%0.5%961.2K-45.2M-171.1K0.1210.26N/AN/A2,72533127,1567,150
2023-07-19$32.78$27.0049.5%14.2%48.2%12.2%49.6%-5.7%0.7%1.0M-48.2M-174.9K0.1616.58N/AN/A1,02015928,4437,170
2023-07-20$31.66$28.0048.5%13.9%46.8%9.9%49.8%-5.5%0.8%1.0M-42.1M-169.2K0.0911.31N/AN/A1,42112727,9987,184
2023-07-21$31.27$28.0045.6%13.1%45.5%3.7%48.0%-4.9%1.6%761.1K-39.5M-165.0K0.2535.03N/AN/A82020227,7807,203
2023-07-24$30.54$28.0048.0%13.8%46.9%8.9%47.9%-3.9%-0.1%705.4K-27.9M-159.3K0.2645.70N/AN/A93624523,8485,836
2023-07-25$31.38$28.0047.8%13.7%46.4%8.5%50.6%-3.9%-0.7%763.7K-31.9M-163.8K0.119.78N/AN/A6857824,2936,005
2023-07-26$32.08$28.0048.3%13.9%46.7%9.6%49.0%-3.0%-0.4%806.3K-35.2M-168.8K0.1450.99N/AN/A97913724,5846,020
2023-07-27$29.94$29.0047.3%13.6%53.8%7.3%48.9%-5.4%-0.1%699.7K-26.0M-157.0K0.2149.63N/AN/A1,81438224,5226,065
2023-07-28$30.37$29.0044.2%12.7%53.2%0.5%46.4%-3.2%1.0%751.4K-27.8M-160.1K0.0453.74N/AN/A7962924,7466,321
2023-07-31$31.45$29.0045.8%13.1%54.0%4.0%48.0%-5.3%1.5%820.6K-32.3M-161.3K0.3452.10N/AN/A36912624,8676,319