AGQ Options History — March 2024

In March 2024, AGQ traded between $25.20 and $30.27. ATM implied volatility averaged 48.9%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 1.1% (HV 20d: 50.1%). Max pain ranged from $24.00 to $26.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.20.

Notable Days

  • 2024-03-08: Highest Volume — 6,970 contracts
  • 2024-03-11: Largest IV spike — 21.9% change
  • 2024-03-11: Highest IV Rank — 49.7%
  • 2024-03-28: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.09$25.20$30.27$25.20$28.68
Max Pain$25.35$24.00$26.00$24.00$26.00
ATM IV48.9%43.4%63.0%43.9%51.2%
Expected Move13.4%12.4%14.7%12.6%14.7%
HV 20d50.1%45.7%52.8%48.6%51.4%
HV 60d45.9%43.0%48.0%45.8%46.8%
IV Rank19.9%4.5%49.7%4.5%33.9%
IV Percentile40.3%2.4%94.0%5.2%62.3%
Term Structure0.9%-0.4%3.0%-0.4%-0.4%
VWIV48.2%44.2%53.2%45.4%53.2%
Skew 25d-7.9%-11.0%-2.9%-2.9%-8.6%
Skew 10d-16.6%-22.9%-6.5%-6.5%-20.2%
Call IV 25d52.7%47.4%57.5%47.4%57.5%
Put IV 25d44.8%41.3%48.9%44.5%48.9%
Bid-Ask Spread %48.6113.8065.3565.3558.40
Gamma HHI0.190.140.480.270.15
Net GEX1.3M735.8K2.1M1.5M1.0M
Net DEX-45.5M-64.0M-31.5M-31.5M-51.7M
Net VEX-182.5K-236.0K-164.9K-173.4K-236.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.020.530.100.28
Total Volume3,300.35236,9706,4331,229
Total OI41,571.631,15149,21149,21143,399

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$25.20$24.0043.9%12.6%48.6%4.5%45.4%-2.9%-0.4%1.5M-31.5M-173.4K0.1065.35N/AN/A5,82460941,3417,870
2024-03-04$26.79$24.0050.9%13.6%50.2%21.3%48.6%-7.1%2.4%1.5M-43.6M-177.7K0.1444.92N/AN/A4,64863438,7247,946
2024-03-05$26.24$25.0046.7%12.9%49.6%11.2%46.8%-5.6%3.0%1.5M-38.2M-177.3K0.1548.57N/AN/A2,75641538,7787,967
2024-03-06$27.32$25.0053.2%13.5%51.1%26.6%48.6%-9.3%0.9%1.6M-46.9M-179.8K0.1049.99N/AN/A3,01529538,9618,020
2024-03-07$27.73$25.0056.0%13.9%50.4%33.1%49.2%-8.7%1.0%1.6M-51.6M-185.7K0.1652.47N/AN/A3,14749039,2738,121
2024-03-08$27.52$25.0051.6%13.7%49.9%23.0%52.5%-9.7%1.1%1.5M-49.0M-181.5K0.0213.80N/AN/A6,81715337,8378,245
2024-03-11$27.96$25.0063.0%14.0%49.9%49.7%50.0%-9.2%0.8%1.4M-49.1M-168.3K0.1551.48N/AN/A1,45421135,5768,278
2024-03-12$27.20$25.0050.2%12.6%51.4%19.6%44.2%-6.7%2.4%1.4M-42.6M-164.9K0.1750.52N/AN/A1,76930636,0068,351
2024-03-13$29.07$25.0048.4%13.9%50.1%15.3%50.5%-11.0%0.4%1.7M-59.1M-167.5K0.1350.62N/AN/A3,38743336,4898,469
2024-03-14$28.82$25.0047.0%13.5%50.4%17.0%48.7%-7.3%1.9%1.8M-57.4M-168.4K0.1258.02N/AN/A4,28250837,1498,480
2024-03-15$29.70$25.0049.4%14.2%48.8%27.4%50.0%-8.7%-0.4%2.1M-64.0M-167.6K0.1930.60N/AN/A4,39583137,1378,812
2024-03-18$29.30$26.0048.1%13.8%47.8%22.4%48.7%-9.7%-0.2%739.0K-40.8M-173.0K0.5349.00N/AN/A1,25866824,8786,273
2024-03-19$28.94$26.0046.8%13.4%45.7%17.6%48.6%-8.5%0.7%735.8K-38.7M-174.4K0.4014.59N/AN/A69728125,2646,805
2024-03-20$30.27$26.0048.4%13.9%47.2%23.4%50.8%-8.6%0.5%759.2K-45.7M-174.8K0.1357.23N/AN/A1,49920225,5547,021
2024-03-21$28.54$26.0046.9%13.4%52.6%18.1%47.1%-7.1%0.2%758.7K-37.4M-179.0K0.4852.26N/AN/A1,45269826,1127,075
2024-03-22$28.34$26.0043.9%12.6%52.8%7.0%45.3%-6.4%0.9%777.1K-36.6M-180.7K0.0757.56N/AN/A3,63726426,7027,389
2024-03-25$28.34$26.0043.4%12.4%50.6%5.4%45.1%-7.2%1.8%893.6K-41.2M-195.7K0.1652.94N/AN/A4507329,6627,365
2024-03-26$27.74$26.0045.1%12.9%51.5%11.4%44.5%-9.6%0.2%862.3K-37.6M-194.5K0.0656.24N/AN/A5,62136029,8107,564
2024-03-27$28.05$26.0045.0%12.9%51.3%11.0%46.0%-7.0%0.9%1.0M-46.9M-229.6K0.3557.60N/AN/A91532334,8887,841
2024-03-28$28.68$26.0051.2%14.7%51.4%33.9%53.2%-8.6%-0.4%1.0M-51.7M-236.0K0.2858.40N/AN/A96026935,3948,005