OGE Options History — August 2018

In August 2018, OGE traded between $35.74 and $37.54. ATM implied volatility averaged 29.8%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 14.7% (HV 20d: 15.1%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.83.

Notable Days

  • 2018-08-14: Highest Volume — 175 contracts
  • 2018-08-10: Largest IV spike — 207.7% change
  • 2018-08-10: Highest IV Rank — 86.3%
  • 2018-08-01: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.79$35.74$37.54$35.74$36.83
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV29.8%12.5%104.2%37.1%12.5%
Expected Move5.9%3.6%10.6%10.6%3.6%
HV 20d15.1%12.2%21.1%20.7%12.3%
HV 60d16.2%15.3%16.8%16.8%15.3%
IV Rank18.4%2.1%86.3%25.3%2.1%
IV Percentile53.4%4.0%99.2%76.2%4.0%
Term Structure-4.0%-24.8%15.5%15.5%-4.6%
VWIV20.3%11.3%52.2%52.2%20.0%
Skew 25d-6.7%-51.5%12.8%12.8%-46.7%
Skew 10d2.7%-64.3%35.1%13.2%-64.3%
Call IV 25d28.7%9.1%86.3%63.5%64.0%
Put IV 25d22.0%11.2%76.2%76.2%17.3%
Bid-Ask Spread %122.63101.40137.63131.09132.00
Gamma HHI0.710.610.870.670.66
Net GEX45.2K29.7K91.3K40.6K32.9K
Net DEX-994.2K-1.3M-795.1K-795.1K-841.8K
Net VEX-2.3K-3.2K-1.9K-3.2K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.830.571.120.611.01
Total Volume161.304153175155165
Total OI687.826612752709635

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$35.74$35.0037.1%10.6%20.7%25.3%52.2%12.8%15.5%40.6K-795.1K-3.2K0.61131.099659454255
2018-08-02$36.19$35.0025.8%7.4%21.1%14.9%35.0%-20.5%8.4%52.8K-924.6K-2.9K0.57128.8810359464265
2018-08-03$36.24$35.0027.7%7.9%20.7%16.7%29.8%-51.5%-5.1%54.9K-936.7K-2.9K0.57130.3210359464265
2018-08-06$36.39$35.0022.5%5.8%14.4%11.9%27.0%0.2%-4.3%60.5K-1.1M-2.6K0.63111.169459464265
2018-08-07$36.40$35.0044.5%4.5%13.6%31.8%14.7%3.6%1.6%91.3K-1.1M-2.3K0.60120.989959464265
2018-08-08$36.24$35.0043.3%5.6%13.5%30.7%22.0%8.0%-4.0%58.3K-924.7K-2.7K0.58124.4210159469265
2018-08-09$36.95$35.0033.9%4.0%14.7%22.1%11.3%6.5%5.0%54.8K-1.2M-2.3K0.63104.889761469265
2018-08-10$36.89$35.00104.2%4.0%14.6%86.3%14.2%7.1%9.8%44.7K-1.1M-2.4K0.70122.319768470267
2018-08-13$36.60$35.0021.3%4.5%15.1%10.7%14.6%4.9%1.2%46.3K-1.2M-2.2K0.70105.509768470262
2018-08-14$36.95$35.0056.5%3.9%15.3%42.8%14.2%8.6%2.0%55.7K-1.3M-2.1K0.80101.409778470262
2018-08-15$36.83$35.0019.3%5.5%15.4%8.8%16.4%1.3%-8.2%55.3K-1.2M-2.3K0.80120.119778470282
2018-08-16$37.50$35.0024.7%7.1%14.6%13.8%16.7%7.4%-13.0%36.1K-1.3M-2.1K0.80114.349778470282
2018-08-17$37.54$35.0024.7%7.1%13.9%13.7%18.6%-0.2%6.3%29.7K-1.3M-2.3K0.90137.638778470282
2018-08-20$37.38$35.0019.8%5.7%14.0%9.2%11.8%1.9%-2.7%35.2K-893.9K-2.1K0.88130.648373356266
2018-08-21$37.08$35.0015.6%4.5%14.5%5.4%11.9%-0.0%-8.2%36.8K-904.1K-1.9K0.88125.278373356256
2018-08-22$36.78$35.0027.6%7.9%14.9%16.4%27.7%-38.1%-12.1%31.5K-835.6K-2.4K0.88129.498373356256
2018-08-23$36.89$35.0022.6%6.5%14.6%11.8%24.6%-15.5%-15.8%41.9K-844.2K-2.1K1.09128.267683360256
2018-08-24$37.10$35.0025.2%7.2%14.7%14.2%17.2%-5.0%-24.8%32.9K-798.8K-2.5K1.09130.967683360274
2018-08-27$36.90$35.0017.5%5.0%14.6%7.1%13.9%-6.7%-9.7%37.7K-859.4K-2.1K1.12127.207483360274
2018-08-28$36.88$35.0028.6%8.2%14.2%17.2%21.0%-8.3%-22.5%36.1K-797.6K-2.3K1.12126.757483361274
2018-08-29$36.99$35.0014.3%4.1%12.8%4.1%19.3%-20.5%0.6%37.3K-880.6K-2.0K1.12121.417483361274
2018-08-30$36.88$35.0016.1%4.6%12.2%5.7%12.0%-3.2%-7.7%36.4K-863.4K-2.0K1.08115.617783361274
2018-08-31$36.83$35.0012.5%3.6%12.3%2.1%20.0%-46.7%-4.6%32.9K-841.8K-2.1K1.01132.008283361274