AGQ Options History — August 2023

In August 2023, AGQ traded between $25.59 and $31.14. ATM implied volatility averaged 45.9%, placing in the 4.7% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded below realized volatility by 2.8% (HV 20d: 48.6%). Max pain ranged from $26.00 to $29.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 0.41.

Notable Days

  • 2023-08-25: Highest Volume — 2,818 contracts
  • 2023-08-07: Largest IV spike — 6.9% change
  • 2023-08-08: Highest IV Rank — 9.3%
  • 2023-08-21: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.08$25.59$31.14$30.36$30.32
Max Pain$26.43$26.00$29.00$29.00$27.00
ATM IV45.9%43.1%48.2%45.7%43.1%
Expected Move13.1%12.4%13.6%13.1%12.4%
HV 20d48.6%42.2%59.4%56.1%42.4%
HV 60d50.6%49.2%53.6%52.4%50.7%
IV Rank4.7%0.0%9.3%3.9%0.0%
IV Percentile5.7%0.0%11.9%2.8%0.0%
Term Structure2.5%0.1%5.2%0.6%1.7%
VWIV48.0%44.1%50.2%47.2%44.1%
Skew 25d-2.9%-4.9%-1.3%-1.3%-2.9%
Skew 10d-4.9%-9.5%1.6%-2.6%-3.7%
Call IV 25d48.9%46.3%51.7%47.8%46.3%
Put IV 25d46.0%43.4%48.0%46.5%43.4%
Bid-Ask Spread %30.7213.4757.0257.0217.61
Gamma HHI0.120.110.140.130.11
Net GEX559.3K365.8K781.0K781.0K712.8K
Net DEX-20.3M-32.9M-11.2M-27.1M-29.4M
Net VEX-145.4K-159.7K-127.8K-158.4K-151.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.053.110.190.48
Total Volume1,324.5224252,818425861
Total OI33,747.30431,14336,14731,34836,147

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$30.36$29.0045.7%13.1%56.1%3.9%47.2%-1.3%0.6%781.0K-27.1M-158.4K0.1957.02N/AN/A3586724,9946,354
2023-08-02$28.84$29.0047.5%13.6%59.1%7.8%49.1%-2.5%0.1%634.1K-21.0M-148.2K0.1353.26N/AN/A1,24415824,9236,372
2023-08-03$28.45$26.0047.4%13.5%57.3%7.5%47.9%-4.0%3.2%577.3K-18.8M-144.1K0.3325.74N/AN/A59219724,7366,407
2023-08-04$28.52$26.0044.9%13.5%56.3%2.1%48.7%-4.9%4.3%602.8K-19.2M-146.2K0.0921.97N/AN/A2,02218724,8696,499
2023-08-07$27.30$26.0048.0%13.3%58.5%8.9%48.9%-3.5%4.4%520.7K-16.7M-145.6K0.4424.42N/AN/A1,20653226,5156,544
2023-08-08$26.48$26.0048.2%13.4%59.4%9.3%49.6%-1.3%4.0%426.0K-13.5M-139.3K0.6515.84N/AN/A1,05368926,5906,717
2023-08-09$26.31$26.0046.5%13.3%49.6%5.5%50.2%-2.1%3.9%388.6K-12.9M-138.5K0.0825.79N/AN/A9067526,9356,996
2023-08-10$26.32$26.0045.4%13.0%44.6%3.2%49.2%-4.3%4.0%394.9K-13.3M-135.1K0.1130.53N/AN/A1,14912327,2826,986
2023-08-11$26.21$26.0043.7%12.5%44.0%0.0%47.3%-3.1%5.2%379.1K-12.9M-134.2K0.3519.28N/AN/A52418627,8116,987
2023-08-14$26.02$26.0044.0%12.6%44.0%0.7%47.5%-2.9%4.5%375.1K-12.2M-133.7K0.2327.65N/AN/A1,16927127,9927,054
2023-08-15$25.87$26.0044.0%12.6%43.0%0.6%46.9%-3.4%3.3%394.2K-11.8M-133.7K0.1242.14N/AN/A5396428,3157,097
2023-08-16$25.59$26.0045.1%12.9%42.2%3.1%47.2%-3.8%3.3%365.8K-11.2M-127.8K0.0953.66N/AN/A1,0088628,5607,065
2023-08-17$26.19$26.0045.1%12.9%43.2%3.1%46.9%-2.4%1.8%474.1K-14.4M-133.9K0.1538.25N/AN/A98215129,0976,936
2023-08-18$26.36$26.0046.5%13.3%43.5%6.1%49.8%-1.7%1.0%438.5K-15.4M-139.9K0.2522.32N/AN/A77619429,0396,968
2023-08-21$27.63$26.0047.6%13.6%47.3%8.6%49.0%-3.8%1.9%563.6K-20.0M-146.4K0.2113.71N/AN/A1,15724825,4656,073
2023-08-22$27.87$26.0046.3%13.3%46.1%5.8%48.1%-2.8%1.0%588.4K-20.8M-148.9K0.1814.59N/AN/A5439825,5206,178
2023-08-23$29.98$26.0047.4%13.6%53.2%8.3%49.7%-2.9%1.3%726.8K-29.5M-159.7K0.1513.47N/AN/A2,14632025,7046,206
2023-08-24$29.57$26.0046.8%13.4%47.5%6.9%49.0%-3.1%1.4%714.7K-27.4M-157.9K1.7521.93N/AN/A8151,42925,7406,270
2023-08-25$29.88$26.0044.9%12.9%47.3%2.6%48.0%-1.5%2.3%713.7K-28.2M-156.5K3.1154.42N/AN/A6862,13225,8187,557
2023-08-28$29.84$27.0046.6%13.4%45.4%6.5%46.8%-3.6%0.5%607.4K-26.9M-153.0K0.0553.08N/AN/A5692725,8639,587
2023-08-29$31.14$27.0046.1%13.2%46.4%5.4%47.3%-1.3%1.4%744.3K-32.9M-157.0K0.1538.72N/AN/A1,40921825,8649,611
2023-08-30$30.75$27.0044.5%12.7%42.4%1.7%46.1%-3.6%2.4%739.7K-31.8M-154.3K0.1121.23N/AN/A1,17012826,2809,665
2023-08-31$30.32$27.0043.1%12.4%42.4%0.0%44.1%-2.9%1.7%712.8K-29.4M-151.0K0.4817.61N/AN/A58327826,4679,680