OGE Options History — July 2019

In July 2019, OGE traded between $42.27 and $43.66. ATM implied volatility averaged 16.1%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded above realized volatility by 2.6% (HV 20d: 13.5%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.50.

Notable Days

  • 2019-07-10: Highest Volume — 51 contracts
  • 2019-07-02: Largest IV drop — 28.5% change
  • 2019-07-01: Highest IV Rank — 13.1%
  • 2019-07-01: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.03$42.27$43.66$42.57$43.20
Max Pain$42.00$40.00$45.00$45.00$40.00
ATM IV16.1%13.5%21.9%21.9%14.8%
Expected Move4.5%3.8%6.3%6.3%4.2%
HV 20d13.5%10.9%17.3%17.1%10.9%
HV 60d16.7%15.9%17.2%17.2%15.9%
IV Rank7.1%4.3%13.1%13.1%5.7%
IV Percentile31.3%12.7%66.3%66.3%20.2%
Term Structure0.5%-2.9%12.2%12.2%-1.1%
VWIV16.7%12.8%20.5%14.6%15.7%
Skew 25d-1.3%-5.8%4.7%-5.8%2.0%
Skew 10d-2.6%-9.1%6.5%-5.4%-9.1%
Call IV 25d16.9%15.1%19.7%19.2%16.4%
Put IV 25d15.6%11.4%21.1%13.4%18.4%
Bid-Ask Spread %96.1876.81106.1188.43106.11
Gamma HHI0.950.870.990.970.93
Net GEX228.9K72.9K411.9K223.6K118.8K
Net DEX-978.6K-2.1M-422.2K-1.1M-654.4K
Net VEX-4.1K-6.1K-3.0K-5.4K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.008.000.000.03
Total Volume22.5051636
Total OI1,231.2735981,6221,531644

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$42.57$45.0021.9%6.3%17.1%13.1%14.6%-5.8%12.2%223.6K-1.1M-5.4K0.0088.43601,44784
2019-07-02$43.15$45.0015.7%4.5%17.3%6.6%12.8%-1.3%5.1%262.2K-923.1K-4.7K0.0076.81601,45384
2019-07-03$43.66$45.0016.8%4.8%16.1%7.8%13.8%0.1%3.1%369.5K-1.4M-5.7K0.0077.241101,45384
2019-07-05$43.61$0.0021.1%4.4%15.4%12.3%0.0%1.8%-1.4%363.5K-1.4M-5.7K0.00100.001101,45484
2019-07-08$43.50$0.0015.2%3.8%15.2%6.1%16.4%1.2%-0.1%273.6K-2.1M-6.1K0.0294.834511,45484
2019-07-09$43.09$45.0016.7%4.6%15.1%7.7%16.4%2.7%-0.3%280.2K-945.1K-4.4K0.0292.624711,49985
2019-07-10$43.11$45.0016.1%4.6%14.6%7.0%16.1%4.7%-0.3%344.4K-1.3M-4.8K0.0298.965011,50185
2019-07-11$43.26$45.0015.5%4.4%13.6%6.4%15.5%3.0%0.1%372.0K-1.5M-5.2K0.0997.571111,50185
2019-07-12$43.17$45.0015.8%4.5%13.3%6.7%16.0%-4.4%0.2%334.5K-1.1M-4.4K0.0997.131111,50785
2019-07-15$43.14$45.0016.6%4.8%13.1%7.6%18.3%1.4%0.2%343.6K-1.2M-4.4K0.0093.44301,50185
2019-07-16$43.06$40.0015.5%4.5%12.2%6.5%16.4%-3.8%0.0%305.4K-999.8K-3.9K3.33101.053101,50385
2019-07-17$43.16$40.0014.1%4.0%12.2%5.0%16.6%-5.1%0.3%339.9K-1.1M-4.0K6.6796.043201,50395
2019-07-18$43.48$40.0015.6%4.5%12.4%6.5%18.4%-3.7%0.0%411.9K-1.5M-4.2K8.0097.493241,503118
2019-07-19$42.93$40.0013.5%3.9%13.0%4.3%17.5%-4.2%0.5%98.3K-567.2K-3.3K8.0099.453241,504118
2019-07-22$42.52$40.0015.0%4.3%13.4%5.9%20.5%-2.3%-2.9%81.4K-541.9K-3.1K0.0098.3250493105
2019-07-23$42.62$40.0016.0%4.6%13.4%6.9%17.7%-4.7%-2.4%85.4K-569.1K-3.2K0.77102.422217494105
2019-07-24$42.64$40.0016.4%4.7%13.3%7.4%16.8%2.5%-0.9%84.2K-480.5K-3.1K2.1598.211328513122
2019-07-25$42.27$40.0016.3%4.7%11.0%7.3%18.2%1.6%5.1%72.9K-422.2K-3.1K1.15104.291315507132
2019-07-26$42.59$40.0015.4%4.4%11.3%6.3%17.6%-5.4%-2.8%83.6K-472.4K-3.1K1.1595.231315507136
2019-07-29$43.05$40.0016.6%4.8%11.6%7.6%0.0%-3.5%-0.2%94.6K-553.8K-3.2K0.0099.5200507136
2019-07-30$42.89$40.0015.0%4.3%11.6%5.9%18.1%-5.1%-2.3%93.2K-519.8K-3.0K0.00100.71220507136
2019-07-31$43.20$40.0014.8%4.2%10.9%5.7%15.7%2.0%-1.1%118.8K-654.4K-3.2K0.03106.11351508136