AGQ Options History — December 2023

In December 2023, AGQ traded between $25.09 and $31.70. ATM implied volatility averaged 51.8%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded below realized volatility by 5.6% (HV 20d: 57.5%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.23.

Notable Days

  • 2023-12-08: Highest Volume — 5,842 contracts
  • 2023-12-13: Largest IV drop — 24.4% change
  • 2023-12-12: Highest IV Rank — 47.4%
  • 2023-12-01: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.74$25.09$31.70$31.70$27.18
Max Pain$25.10$25.00$27.00$27.00$25.00
ATM IV51.8%47.0%64.5%55.6%47.0%
Expected Move14.0%13.5%15.9%15.9%13.5%
HV 20d57.5%44.7%61.4%44.7%55.6%
HV 60d52.4%47.2%55.2%47.2%50.0%
IV Rank21.8%12.1%47.4%28.7%12.1%
IV Percentile40.4%17.9%96.0%54.8%17.9%
Term Structure1.4%-4.3%2.8%-4.3%2.8%
VWIV51.5%48.6%56.8%56.6%49.3%
Skew 25d-5.9%-8.2%-4.4%-5.1%-6.0%
Skew 10d-12.7%-18.8%-9.0%-10.2%-11.8%
Call IV 25d54.0%51.8%58.9%58.9%51.8%
Put IV 25d48.1%45.8%53.8%53.8%45.8%
Bid-Ask Spread %38.7312.4661.5754.4617.78
Gamma HHI0.130.120.150.120.14
Net GEX1.1M674.6K1.3M1.2M1.2M
Net DEX-35.1M-57.3M-17.4M-57.3M-31.8M
Net VEX-165.5K-179.4K-146.8K-164.9K-161.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.100.610.220.33
Total Volume2,162.27925,8422,0701,836
Total OI47,016.642,83653,04042,83646,856

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$31.70$27.0055.6%15.9%44.7%28.7%56.6%-5.1%-4.3%1.2M-57.3M-164.9K0.2254.46N/AN/A1,70336734,6648,172
2023-12-04$29.24$25.0056.6%14.6%54.2%30.9%53.1%-8.0%1.6%1.1M-41.4M-161.8K0.3135.40N/AN/A1,78555035,1108,234
2023-12-05$28.37$25.0053.0%13.5%55.3%23.3%50.1%-5.7%1.0%1.0M-34.9M-157.6K0.1737.01N/AN/A1,80930435,5798,526
2023-12-06$27.82$25.0052.7%13.7%53.9%22.7%48.6%-6.0%1.6%984.7K-31.8M-158.9K0.6141.93N/AN/A1,03162936,3798,673
2023-12-07$27.52$25.0053.6%13.8%54.0%24.6%49.9%-4.8%1.5%955.9K-29.8M-156.9K0.2243.28N/AN/A1,85841537,1338,906
2023-12-08$25.69$25.0054.4%13.9%60.0%26.3%51.8%-4.6%1.6%697.6K-18.9M-146.8K0.2144.33N/AN/A4,8261,01637,9018,969
2023-12-11$25.26$25.0063.2%13.7%58.8%44.6%50.5%-4.8%1.9%707.7K-18.2M-153.6K0.4830.54N/AN/A1,39266941,1549,539
2023-12-12$25.09$25.0064.5%13.9%58.9%47.4%51.4%-4.4%2.0%674.6K-17.4M-152.3K0.1533.01N/AN/A1,05115441,6339,690
2023-12-13$27.26$25.0048.8%14.0%60.9%14.3%50.6%-6.3%1.9%1.1M-33.9M-169.2K0.1761.57N/AN/A2,64744541,8589,591
2023-12-14$28.14$25.0049.0%14.0%61.2%16.7%52.1%-6.3%1.1%1.3M-42.6M-175.1K0.1048.74N/AN/A2,59626942,8619,704
2023-12-15$27.38$25.0047.7%13.7%61.4%13.7%50.2%-5.1%1.9%1.1M-36.6M-170.3K0.1156.17N/AN/A4,18647243,3019,739
2023-12-18$27.27$25.0047.8%13.7%61.4%13.8%50.7%-4.7%1.8%1.0M-33.4M-171.2K0.2754.75N/AN/A71219537,5477,229
2023-12-19$27.87$25.0049.2%14.1%61.2%17.2%50.4%-6.4%1.2%1.1M-37.7M-176.1K0.1260.18N/AN/A1,31515737,9147,358
2023-12-20$28.11$25.0049.4%14.2%60.4%17.7%50.8%-6.5%1.3%1.2M-39.5M-177.1K0.3037.29N/AN/A1,05631238,1317,391
2023-12-21$28.63$25.0049.3%14.1%60.6%17.5%52.1%-8.2%2.0%1.3M-43.1M-179.4K0.1114.33N/AN/A7167638,3397,425
2023-12-22$28.05$25.0048.0%13.8%57.8%14.4%50.7%-6.0%1.4%1.2M-38.7M-174.2K0.1030.08N/AN/A2,37224838,3717,447
2023-12-26$28.27$25.0049.4%14.2%57.0%17.6%51.7%-6.4%1.6%1.3M-39.8M-169.7K0.1112.46N/AN/A94910638,6077,493
2023-12-27$28.31$25.0048.5%13.9%55.8%15.5%51.7%-7.2%2.8%1.3M-40.2M-168.8K0.3729.75N/AN/A90733238,8267,537
2023-12-28$27.70$25.0048.9%14.0%56.1%16.5%56.8%-5.6%1.3%1.2M-35.4M-164.1K0.1431.58N/AN/A1,56022138,8537,692
2023-12-29$27.18$25.0047.0%13.5%55.6%12.1%49.3%-6.0%2.8%1.2M-31.8M-161.3K0.3317.78N/AN/A1,37745938,9757,881