AGQ Options History — February 2024

In February 2024, AGQ traded between $22.96 and $25.79. ATM implied volatility averaged 44.6%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded below realized volatility by 1.4% (HV 20d: 46.0%). Max pain ranged from $23.00 to $24.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.23.

Notable Days

  • 2024-02-16: Highest Volume — 4,229 contracts
  • 2024-02-07: Largest IV drop — 5.2% change
  • 2024-02-05: Highest IV Rank — 12.0%
  • 2024-02-16: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.20$22.96$25.79$25.48$24.11
Max Pain$23.90$23.00$24.00$24.00$24.00
ATM IV44.6%42.0%47.0%46.5%43.7%
Expected Move12.7%12.0%13.4%13.1%12.5%
HV 20d46.0%38.6%51.2%38.6%47.2%
HV 60d48.3%46.5%49.4%48.2%47.5%
IV Rank6.4%0.2%12.0%10.9%4.3%
IV Percentile9.7%0.4%24.6%18.7%4.4%
Term Structure1.0%-2.4%4.1%1.9%-0.1%
VWIV46.1%42.8%48.7%47.7%45.1%
Skew 25d-3.2%-7.5%0.2%-5.1%-1.3%
Skew 10d-7.4%-11.7%-2.9%-9.5%-4.5%
Call IV 25d47.5%44.2%50.9%50.7%45.7%
Put IV 25d44.3%42.0%46.9%45.7%44.3%
Bid-Ask Spread %36.1011.7865.3928.2465.39
Gamma HHI0.240.180.340.180.28
Net GEX1.0M664.7K1.7M1.0M1.1M
Net DEX-21.2M-38.2M-12.2M-24.5M-21.6M
Net VEX-153.6K-176.0K-137.3K-151.3K-161.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.100.530.270.21
Total Volume1,933.97534,2292,733883
Total OI44,319.0537,70348,80337,70348,803

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$25.48$24.0046.5%13.1%38.6%10.9%47.7%-5.1%1.9%1.0M-24.5M-151.3K0.2728.24N/AN/A2,15258130,2787,425
2024-02-02$24.34$24.0046.8%12.9%41.9%11.5%48.5%-3.6%1.0%828.0K-18.0M-145.7K0.1215.03N/AN/A2,88534731,0167,442
2024-02-05$23.64$24.0047.0%13.0%42.7%12.0%46.3%-1.9%2.3%729.0K-13.8M-137.6K0.1033.23N/AN/A2,81927332,8867,614
2024-02-06$23.77$24.0044.8%12.3%42.8%6.8%45.4%-1.9%3.9%840.9K-16.2M-146.0K0.2214.65N/AN/A88819534,7577,689
2024-02-07$23.37$24.0042.5%12.2%43.0%1.3%45.6%-3.5%2.5%759.2K-13.7M-139.3K0.1017.05N/AN/A98910335,3947,788
2024-02-08$24.13$24.0042.1%12.1%44.8%0.5%43.8%-1.8%4.1%996.4K-19.3M-148.6K0.3111.89N/AN/A96629536,0097,527
2024-02-09$24.12$24.0042.0%12.0%44.5%0.2%42.8%-1.7%3.1%975.0K-18.4M-145.0K0.2013.00N/AN/A1,13222135,9507,594
2024-02-12$24.32$24.0043.5%12.5%42.4%3.7%44.1%-1.1%2.0%1.0M-20.6M-145.0K0.1012.44N/AN/A2,17920936,7297,654
2024-02-13$22.96$24.0044.0%12.6%46.3%4.9%45.6%0.2%1.7%664.7K-12.2M-137.3K0.1511.78N/AN/A2,36835138,5177,702
2024-02-14$23.52$23.0045.6%13.1%46.1%8.7%47.1%-1.1%1.0%904.7K-19.2M-156.8K0.1613.90N/AN/A97615940,4967,699
2024-02-15$24.71$23.0046.4%13.3%49.3%10.6%47.3%-1.4%-0.8%1.3M-28.8M-168.2K0.3954.93N/AN/A1,20246640,6597,708
2024-02-16$25.79$24.0046.7%13.4%51.2%11.3%47.7%-4.5%-2.4%1.7M-38.2M-176.0K0.2056.22N/AN/A3,51371640,7227,801
2024-02-20$24.89$24.0046.0%13.2%49.7%9.6%46.9%-5.1%0.1%1.2M-27.4M-162.2K0.5352.47N/AN/A98852235,7156,206
2024-02-21$24.69$24.0045.1%12.9%48.5%7.4%46.1%-2.7%0.1%1.2M-25.6M-161.0K0.3255.79N/AN/A62819936,3076,448
2024-02-22$24.34$24.0043.8%12.6%48.4%4.5%45.0%-3.8%-0.2%1.1M-23.0M-155.2K0.1661.14N/AN/A1,37222336,2126,601
2024-02-23$24.70$24.0045.6%13.1%48.1%8.6%46.7%-7.5%-0.4%1.2M-25.9M-164.7K0.4754.53N/AN/A2,09699137,2286,762
2024-02-26$23.88$24.0043.6%12.5%49.4%4.0%48.7%-5.7%0.2%1.0M-19.4M-153.9K0.1825.08N/AN/A2,77249137,6767,291
2024-02-27$23.70$24.0043.5%12.5%47.6%3.8%44.4%-5.6%0.9%1.0M-19.5M-158.4K0.2060.72N/AN/A63012340,0867,663
2024-02-28$23.62$24.0043.5%12.5%47.6%3.6%47.4%-3.9%-0.2%1.0M-18.8M-157.7K0.1464.52N/AN/A6829340,5657,762
2024-02-29$24.11$24.0043.7%12.5%47.2%4.3%45.1%-1.3%-0.1%1.1M-21.6M-161.9K0.2165.39N/AN/A73115240,9697,834