OGE Options History — June 2019

In June 2019, OGE traded between $42.07 and $44.01. ATM implied volatility averaged 17.0%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded below realized volatility by 2.1% (HV 20d: 19.1%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.02.

Notable Days

2019-06-28: Highest Volume — 1,025 contracts
2019-06-26: Largest IV spike — 158.9% change
2019-06-27: Highest IV Rank — 27.9%
2019-06-27: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.02	$42.07	$44.01	$42.09	$42.35
Max Pain	$44.21	$40.00	$45.00	$40.00	$45.00
ATM IV	17.0%	9.3%	36.0%	18.5%	35.3%
Expected Move	4.8%	2.7%	10.3%	5.3%	10.1%
HV 20d	19.1%	17.8%	20.5%	18.8%	17.8%
HV 60d	16.7%	15.9%	17.2%	15.9%	17.2%
IV Rank	7.8%	0.0%	27.9%	9.4%	27.1%
IV Percentile	28.4%	0.0%	87.3%	45.6%	85.7%
Term Structure	-1.0%	-35.3%	32.8%	4.2%	-35.3%
VWIV	14.8%	10.9%	17.5%	14.4%	14.2%
Skew 25d	0.7%	-6.0%	8.7%	2.1%	-6.0%
Skew 10d	0.7%	-5.2%	12.6%	2.9%	1.2%
Call IV 25d	16.4%	9.5%	24.0%	20.0%	24.0%
Put IV 25d	17.1%	11.1%	22.1%	22.1%	17.9%
Bid-Ask Spread %	85.87	53.27	114.53	73.04	85.48
Gamma HHI	0.85	0.56	0.97	0.56	0.92
Net GEX	69.4K	24.3K	163.3K	24.3K	163.3K
Net DEX	-644.3K	-916.8K	-438.9K	-441.7K	-651.1K
Net VEX	-2.8K	-4.1K	-1.8K	-2.4K	-4.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.02	0.00	0.16	0.08	0.01
Total Volume	148.65	0	1,025	0	1,025
Total OI	719.1	448	1,518	661	1,518

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2019-06-03	$42.09	$40.00	18.5%	5.3%	18.8%	9.4%	0.0%	2.1%	4.2%	24.3K	-441.7K	-2.4K	0.00	73.04	0	0	403	258
2019-06-04	$42.55	$40.00	14.0%	4.0%	19.1%	4.7%	14.4%	0.5%	5.9%	32.9K	-565.3K	-1.8K	0.08	53.27	38	3	403	258
2019-06-05	$43.48	$40.00	15.3%	4.4%	20.5%	6.1%	10.9%	5.5%	5.8%	74.9K	-781.4K	-2.4K	0.04	80.94	83	3	422	261
2019-06-06	$44.01	$0.00	18.4%	4.7%	18.9%	9.4%	16.3%	0.8%	-0.6%	86.8K	-916.8K	-2.5K	0.03	95.03	99	3	410	261
2019-06-07	$43.66	$45.00	16.4%	3.9%	19.1%	7.2%	11.9%	2.3%	-1.0%	82.0K	-768.3K	-2.4K	0.16	94.28	94	15	403	261
2019-06-10	$43.20	$45.00	13.5%	4.5%	18.9%	4.2%	0.0%	-0.5%	-2.2%	55.8K	-591.4K	-2.2K	0.00	82.19	5	0	397	273
2019-06-11	$42.76	$45.00	18.6%	4.2%	18.9%	9.5%	17.1%	1.1%	-0.7%	41.9K	-509.3K	-2.4K	0.00	81.17	12	0	393	273
2019-06-12	$43.42	$45.00	13.4%	3.8%	19.3%	4.1%	16.1%	1.0%	-0.2%	62.3K	-588.5K	-2.1K	0.00	77.19	144	0	396	273
2019-06-13	$43.09	$45.00	13.6%	3.9%	19.6%	4.3%	14.9%	3.3%	1.2%	74.2K	-726.7K	-3.2K	0.00	83.91	149	0	530	273
2019-06-14	$43.41	$45.00	12.3%	3.5%	19.6%	2.9%	14.6%	1.7%	1.1%	87.1K	-739.8K	-3.2K	0.00	95.15	153	0	520	273
2019-06-17	$42.84	$45.00	13.7%	3.9%	19.6%	4.4%	0.0%	3.0%	0.6%	70.1K	-652.0K	-2.9K	0.00	90.72	0	0	524	273
2019-06-18	$42.90	$45.00	11.3%	3.2%	19.6%	1.9%	0.0%	8.7%	7.4%	70.3K	-633.7K	-3.1K	0.00	98.94	1	0	524	273
2019-06-19	$43.05	$45.00	14.9%	4.3%	19.2%	5.7%	0.0%	-3.1%	-2.0%	58.5K	-762.6K	-3.5K	0.00	97.90	2	0	524	273
2019-06-20	$43.35	$45.00	14.5%	4.2%	19.2%	5.2%	0.0%	-0.8%	0.6%	90.9K	-733.7K	-3.1K	0.00	114.53	27	0	525	273
2019-06-21	$43.41	$45.00	15.2%	4.4%	19.2%	6.0%	0.0%	-0.0%	1.2%	61.8K	-727.1K	-3.1K	0.00	99.69	24	0	537	273
2019-06-24	$43.38	$45.00	10.6%	3.0%	19.2%	1.2%	0.0%	-0.9%	32.8%	64.0K	-602.1K	-3.1K	0.00	75.37	4	0	377	71
2019-06-25	$43.16	$45.00	9.3%	2.7%	18.5%	0.0%	0.0%	-3.9%	10.3%	62.8K	-564.9K	-3.0K	0.00	69.64	65	0	377	71
2019-06-26	$42.20	$45.00	24.2%	6.9%	18.9%	15.5%	0.0%	0.5%	-14.0%	61.7K	-491.2K	-3.1K	0.00	81.92	12	0	439	71
2019-06-27	$42.07	$45.00	36.0%	10.3%	18.2%	27.9%	17.5%	-0.6%	-35.2%	61.8K	-438.9K	-3.0K	0.00	87.03	1,012	0	447	71
2019-06-28	$42.35	$45.00	35.3%	10.1%	17.8%	27.1%	14.2%	-6.0%	-35.3%	163.3K	-651.1K	-4.1K	0.01	85.48	1,012	13	1,447	71