OGE Options History — July 2012

In July 2012, OGE traded between $25.44 and $26.99. ATM implied volatility averaged 43.0%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 26.8% (HV 20d: 16.2%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-07-17: Highest Volume — 20 contracts
  • 2012-07-24: Largest IV spike — 80.5% change
  • 2012-07-11: Highest IV Rank — 55.5%
  • 2012-07-05: Largest Expected Move — 16.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.15$25.44$26.99$26.08$26.55
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV43.0%22.7%74.7%53.4%30.1%
Expected Move10.6%6.5%16.9%15.3%8.6%
HV 20d16.2%14.1%18.2%16.5%16.6%
HV 60d15.1%14.6%15.8%15.4%15.1%
IV Rank28.1%10.7%55.5%37.2%17.1%
IV Percentile66.7%31.0%98.8%89.3%46.8%
Term Structure-9.0%-20.2%-3.1%-15.9%-7.8%
Skew 25d27.8%18.1%35.1%28.0%28.6%
Skew 10d10.7%7.0%14.9%7.2%14.7%
Call IV 25d33.0%18.7%48.6%46.0%41.2%
Put IV 25d60.7%50.6%81.9%74.0%69.9%
Bid-Ask Spread %129.69128.73131.07129.72130.13
Gamma HHI0.510.430.590.430.56
Net GEX15.4K10.5K22.4K12.2K20.3K
Net DEX-139.2K-203.7K-80.2K-137.0K-184.1K
Net VEX-896-1.1K-784-1.1K-887
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.286020010
Total OI275.619262282282280

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-07-02$26.08$0.0053.4%15.3%16.5%37.2%0.0%28.0%-15.9%12.2K-137.0K-1.1K0.00129.720023844
2012-07-03$26.09$0.0054.9%15.7%16.1%38.4%0.0%28.6%-16.7%12.2K-138.1K-1.1K0.00130.400023844
2012-07-05$25.86$0.0058.8%16.9%16.0%41.8%0.0%33.4%-20.2%11.4K-122.2K-1.0K0.00129.820023844
2012-07-06$25.59$22.5060.9%10.3%16.2%43.7%0.0%28.1%-8.2%10.9K-113.3K-1.0K0.00128.730023844
2012-07-09$25.52$22.5068.3%10.7%16.2%50.0%0.0%32.5%-9.0%10.7K-106.7K-9860.00128.810023844
2012-07-10$25.44$22.5071.5%10.9%16.1%52.8%0.0%35.1%-10.0%10.5K-80.2K-8350.00129.440023844
2012-07-11$25.57$22.5074.7%11.0%16.3%55.5%0.0%28.7%-9.4%11.1K-99.7K-9120.00129.040023844
2012-07-12$25.66$22.5038.7%11.1%16.4%24.5%0.0%28.0%-9.5%11.5K-103.0K-9010.00129.240023844
2012-07-13$26.05$22.5038.2%10.9%17.5%24.0%0.0%24.6%-8.5%13.6K-124.6K-9200.00130.170023844
2012-07-16$25.84$22.5040.3%11.5%17.2%25.8%0.0%32.4%-10.0%12.6K-99.2K-8300.00130.180023844
2012-07-17$26.01$22.5041.0%11.8%17.3%26.5%0.0%29.8%-10.6%13.6K-111.7K-8700.00129.7202023844
2012-07-18$26.39$22.5022.7%6.5%18.2%10.7%0.0%23.9%-3.3%17.5K-154.4K-8360.00130.150023824
2012-07-19$26.51$22.5023.3%6.7%17.9%11.2%0.0%21.8%-6.3%18.8K-154.7K-7990.00128.750023824
2012-07-20$26.82$22.5024.1%6.9%15.7%11.8%0.0%18.1%-3.1%20.1K-183.9K-8830.00129.248023824
2012-07-23$26.70$22.5025.3%7.2%14.1%12.9%0.0%21.0%-3.8%20.4K-181.6K-8640.00129.300024624
2012-07-24$26.13$22.5045.6%13.1%15.0%30.4%0.0%33.0%-9.1%16.6K-143.9K-7900.00129.780024624
2012-07-25$26.14$22.5046.5%13.3%15.0%31.2%0.0%34.6%-10.8%16.7K-143.2K-7840.00130.240024624
2012-07-26$26.37$22.5026.4%7.6%14.9%13.8%0.0%29.0%-5.3%18.3K-156.1K-8000.00131.070024624
2012-07-27$26.79$22.5027.6%7.9%15.6%14.9%0.0%22.8%-5.8%21.6K-181.8K-8490.00130.120024624
2012-07-30$26.99$22.5029.9%8.6%15.5%16.9%0.0%21.3%-6.0%22.4K-203.7K-8600.00129.5210024624
2012-07-31$26.55$22.5030.1%8.6%16.6%17.1%0.0%28.6%-7.8%20.3K-184.1K-8870.00130.1310025624