OGE Options History — January 2013

In January 2013, OGE traded between $28.16 and $29.36. ATM implied volatility averaged 43.7%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 29.5% (HV 20d: 14.3%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-01-23: Highest Volume — 6 contracts
  • 2013-01-24: Largest IV spike — 113.7% change
  • 2013-01-09: Highest IV Rank — 49.0%
  • 2013-01-03: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.73$28.16$29.36$28.73$29.36
ATM IV43.7%19.5%67.1%51.0%50.2%
Expected Move10.9%5.6%14.7%14.6%14.4%
HV 20d14.3%10.1%15.9%15.0%10.1%
HV 60d13.1%12.9%13.3%13.0%13.0%
IV Rank28.8%7.9%49.0%35.1%34.4%
IV Percentile51.9%2.4%90.5%72.2%71.0%
Term Structure-18.7%-47.3%2.5%-15.5%-47.3%
Skew 25d3.1%-14.5%42.2%1.7%0.3%
Skew 10d4.9%0.9%14.5%4.8%5.8%
Call IV 25d53.2%10.5%72.6%70.7%69.8%
Put IV 25d56.3%30.1%72.6%72.4%70.2%
Bid-Ask Spread %129.72127.48131.79129.35129.72
Gamma HHI0.860.501.001.000.50
Net GEX5231861.3K2041.2K
Net DEX-7.4K-21.7K-1.6K-1.9K-21.7K
Net VEX-23-58-8-9-53
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.4760600
Total OI5.048212212

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-01-02$28.73$0.0051.0%14.6%15.0%35.1%0.0%1.7%-15.5%204-1.9K-90.00129.350020
2013-01-03$28.66$0.0051.2%14.7%14.8%35.2%0.0%-0.0%-16.9%204-1.8K-90.00129.970020
2013-01-04$28.90$0.0051.4%8.8%14.9%35.4%0.0%1.1%-28.8%218-2.0K-90.00129.350020
2013-01-07$28.57$0.0060.7%9.6%15.5%43.4%0.0%1.1%-7.0%201-1.7K-90.00128.680020
2013-01-08$28.32$0.0064.2%6.0%15.8%46.5%0.0%-14.5%-6.7%193-1.7K-90.00127.720020
2013-01-09$28.39$0.0067.1%9.9%15.8%49.0%0.0%1.1%-6.8%196-1.8K-90.00130.350020
2013-01-10$28.57$0.0034.6%9.9%15.9%20.9%0.0%1.1%-7.2%210-1.9K-90.00129.730020
2013-01-11$28.63$0.0035.0%10.0%15.9%21.2%0.0%1.1%-7.2%214-1.9K-90.00131.790020
2013-01-14$28.45$0.0036.5%10.5%15.7%22.5%0.0%1.1%-7.6%219-1.7K-80.00129.310020
2013-01-15$28.34$0.0037.6%10.8%15.4%23.5%0.0%1.2%-8.4%197-1.7K-80.00130.880020
2013-01-16$28.16$0.0038.5%11.0%14.2%24.3%0.0%1.2%-9.2%186-1.6K-80.00128.650020
2013-01-17$28.36$0.0038.8%11.1%14.0%24.5%0.0%1.2%-9.0%196-1.8K-80.00129.160020
2013-01-18$28.59$0.0039.0%11.2%14.3%24.8%0.0%1.3%-8.7%215-1.9K-80.00129.870020
2013-01-22$28.89$0.0039.6%11.4%14.6%25.2%0.0%1.3%-38.6%238-2.1K-80.00130.604020
2013-01-23$28.77$0.0019.5%5.6%13.7%7.9%0.0%42.2%2.5%650-5.8K-350.00131.376060
2013-01-24$28.82$0.0041.7%11.9%13.7%27.0%0.0%1.4%-40.8%1.2K-18.9K-580.00130.6000120
2013-01-25$28.99$0.0023.9%6.9%12.8%11.7%0.0%24.1%-3.4%1.2K-19.8K-570.00130.3900120
2013-01-28$29.20$0.0046.1%13.2%12.9%30.8%0.0%1.0%-43.7%1.3K-20.9K-550.00127.4800120
2013-01-29$29.30$0.0043.5%12.5%12.8%28.6%0.0%-4.2%-36.8%1.2K-21.4K-550.00129.1900120
2013-01-30$29.34$0.0048.7%14.0%12.2%33.1%0.0%0.7%-45.8%1.2K-21.6K-550.00129.9900120
2013-01-31$29.36$0.0050.2%14.4%10.1%34.4%0.0%0.3%-47.3%1.2K-21.7K-530.00129.7200120