OGE Options History — July 2018

In July 2018, OGE traded between $34.28 and $36.31. ATM implied volatility averaged 27.7%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 10.0% (HV 20d: 17.7%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2018-07-17: Highest Volume — 305 contracts
  • 2018-07-31: Largest IV spike — 261.7% change
  • 2018-07-31: Highest IV Rank — 56.3%
  • 2018-07-31: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.54$34.28$36.31$35.10$36.31
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV27.7%11.8%71.2%29.1%71.2%
Expected Move7.6%3.4%20.4%8.4%20.4%
HV 20d17.7%11.2%19.7%14.1%19.7%
HV 60d16.2%14.3%16.9%14.6%16.5%
IV Rank16.7%2.2%56.3%18.0%56.3%
IV Percentile49.0%4.8%94.4%63.9%94.4%
Term Structure-3.9%-36.3%13.1%-17.3%-17.6%
VWIV28.4%11.0%83.4%29.3%83.4%
Skew 25d1.2%-46.8%46.3%-15.7%-1.7%
Skew 10d10.1%-59.4%90.3%-29.0%-9.2%
Call IV 25d45.8%11.9%110.9%45.0%110.9%
Put IV 25d47.1%13.9%113.6%29.4%109.1%
Bid-Ask Spread %118.3397.65132.98122.18132.79
Gamma HHI0.710.460.890.580.58
Net GEX40.2K12.0K73.2K19.9K26.3K
Net DEX-695.4K-983.7K-260.4K-454.5K-828.6K
Net VEX-3.1K-3.6K-2.7K-3.1K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.360.790.710.61
Total Volume203.667129305192129
Total OI710.714662767662708

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$35.10$35.0029.1%8.4%14.1%18.0%29.3%-15.7%-17.3%19.9K-454.5K-3.1K0.71122.1811280370292
2018-07-03$35.19$35.0064.1%18.4%14.0%49.9%66.1%7.2%-36.3%17.7K-438.6K-3.4K0.70132.9811580380298
2018-07-05$35.24$35.0055.2%4.6%11.2%41.7%16.1%1.2%13.1%12.0K-473.9K-3.6K0.71119.6211380382298
2018-07-06$35.65$35.0026.4%10.9%11.7%15.5%38.3%11.1%-19.2%24.5K-580.2K-3.2K0.54121.7214780392298
2018-07-09$34.28$35.0020.5%5.7%18.9%10.1%20.2%-7.3%-3.8%26.7K-260.4K-3.1K0.6497.6512580385298
2018-07-10$34.81$35.0018.3%6.3%18.8%8.1%22.2%-26.1%-8.1%38.9K-507.2K-3.3K0.55115.4514680423308
2018-07-11$35.17$35.0020.7%5.9%18.6%10.3%20.8%-8.8%-4.2%36.1K-523.2K-3.3K0.55115.7014680423308
2018-07-12$35.46$35.0017.1%4.9%18.6%7.0%17.0%35.7%8.0%28.6K-648.3K-3.1K0.55117.0614680423308
2018-07-13$35.33$35.0017.6%5.0%18.1%7.5%17.6%40.3%-1.3%35.2K-629.4K-3.2K0.55117.2114680423308
2018-07-16$35.31$35.0018.3%5.3%17.7%8.1%18.4%-13.7%-1.5%32.5K-639.3K-3.1K0.57101.1214080423308
2018-07-17$35.28$35.0021.3%6.1%17.7%10.8%21.3%46.1%-3.0%28.6K-557.7K-3.1K0.36108.6122580411308
2018-07-18$35.42$35.0023.0%6.6%17.7%12.4%23.0%24.9%-5.6%41.8K-760.9K-3.1K0.61120.2813280454308
2018-07-19$36.23$35.0014.9%4.3%19.2%5.0%14.9%5.5%1.2%47.8K-983.7K-2.7K0.48113.9516680451308
2018-07-20$35.85$35.0014.7%4.2%19.7%4.8%14.5%-5.9%1.3%61.1K-981.8K-2.8K0.46116.4017480459308
2018-07-23$35.78$35.0011.8%3.4%19.6%2.2%11.0%-44.7%5.9%73.2K-874.1K-2.8K0.53122.4214175435263
2018-07-24$35.80$35.0012.5%3.6%19.4%2.8%11.8%-13.5%6.2%73.1K-897.5K-2.8K0.47118.5014166438248
2018-07-25$35.84$35.0014.4%4.1%19.1%4.5%13.4%-20.8%3.3%69.0K-918.2K-2.7K0.51122.0811659438249
2018-07-26$36.17$35.0035.4%10.1%19.3%23.7%55.9%12.9%9.7%45.9K-873.7K-3.0K0.79126.477559445252
2018-07-27$36.20$35.0055.5%15.9%19.3%42.0%59.3%46.3%-11.9%40.1K-812.5K-3.1K0.79122.507559445252
2018-07-30$35.94$35.0019.7%5.6%19.6%9.4%21.0%-46.8%-1.6%66.0K-959.8K-2.7K0.61120.168049445252
2018-07-31$36.31$35.0071.2%20.4%19.7%56.3%83.4%-1.7%-17.6%26.3K-828.6K-3.0K0.61132.798049453255