OGE Options History — August 2019

In August 2019, OGE traded between $42.07 and $43.31. ATM implied volatility averaged 19.8%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 5.6% (HV 20d: 14.2%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 3.47.

Notable Days

  • 2019-08-28: Highest Volume — 611 contracts
  • 2019-08-07: Largest IV spike — 152.2% change
  • 2019-08-13: Highest IV Rank — 39.4%
  • 2019-08-29: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.80$42.07$43.31$43.22$42.88
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV19.8%11.0%47.1%18.1%14.8%
Expected Move4.2%3.1%5.4%5.2%4.2%
HV 20d14.2%10.0%15.4%10.0%15.3%
HV 60d15.3%13.6%16.2%15.9%13.6%
IV Rank10.9%1.7%39.4%9.1%5.7%
IV Percentile40.4%2.4%95.6%51.2%23.0%
Term Structure0.1%-3.0%8.2%-0.7%-0.7%
VWIV16.8%11.0%20.6%18.0%11.0%
Skew 25d-2.2%-7.7%4.4%-7.7%-4.9%
Skew 10d-0.5%-6.9%22.3%-6.4%-5.8%
Call IV 25d16.9%14.4%23.1%23.1%16.7%
Put IV 25d14.7%10.3%20.8%15.4%11.8%
Bid-Ask Spread %88.3065.33103.63103.6365.33
Gamma HHI0.780.560.920.910.71
Net GEX115.3K70.3K200.6K102.0K195.2K
Net DEX-698.2K-1.0M-384.2K-622.2K-967.7K
Net VEX-6.8K-11.7K-2.8K-3.2K-10.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.470.0019.000.030.00
Total Volume73.4090611360
Total OI1,105.2276551,9546551,908

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$43.22$40.0018.1%5.2%10.0%9.1%18.0%-7.7%-0.7%102.0K-622.2K-3.2K0.03103.63351518137
2019-08-02$43.17$40.0015.5%4.4%10.0%6.4%0.0%-4.1%-2.1%108.8K-627.0K-3.2K0.00102.2501518137
2019-08-05$42.07$40.0023.6%5.1%13.4%14.9%20.6%4.4%3.1%70.3K-400.2K-2.8K12.0096.72112518138
2019-08-06$42.40$40.0017.3%4.7%13.5%8.3%0.0%2.3%4.6%78.9K-433.3K-2.9K0.24100.604511518150
2019-08-07$42.48$40.0043.7%4.9%13.5%35.9%19.0%0.4%2.3%78.0K-486.9K-3.5K0.4099.08156553160
2019-08-08$43.06$40.0021.3%3.6%14.4%12.5%19.4%2.7%0.6%121.7K-658.7K-3.6K1.1495.0978568158
2019-08-09$43.05$40.0025.8%3.6%14.4%17.2%15.3%0.6%-0.8%117.1K-656.3K-3.5K0.0082.8950565150
2019-08-12$42.69$40.0039.5%4.0%14.7%31.5%0.0%3.0%-0.1%101.1K-525.7K-3.3K0.0080.893200570150
2019-08-13$42.80$40.0047.1%4.1%14.7%39.4%0.0%-0.0%-1.6%143.9K-1.0M-7.2K0.0097.5300890150
2019-08-14$42.61$40.0017.0%4.9%14.7%8.0%17.7%0.0%-3.0%133.6K-930.2K-6.7K13.8097.5310138889150
2019-08-15$42.61$40.0013.1%3.8%14.4%3.9%15.4%1.8%-0.2%112.1K-824.5K-8.1K0.0097.3280898277
2019-08-16$43.18$40.0012.6%3.6%14.6%3.4%14.9%-4.9%-0.1%150.4K-1.0M-8.4K19.0098.376114900277
2019-08-19$43.31$40.0014.3%4.1%14.1%5.2%0.0%-4.9%-0.8%145.5K-933.8K-8.7K0.0083.5100842390
2019-08-20$42.81$40.0013.9%4.0%14.8%4.8%11.0%-7.1%-1.2%104.2K-722.2K-8.7K0.0087.3901837390
2019-08-21$42.92$40.0012.6%3.6%14.8%3.4%0.0%-6.8%-1.2%118.6K-737.1K-8.4K0.0075.8000837390
2019-08-22$43.10$40.0013.7%3.9%14.5%4.6%0.0%-4.1%-0.6%123.1K-814.5K-8.6K2.0066.6268136837390
2019-08-23$42.41$40.0011.0%3.1%15.4%1.7%0.0%-2.5%8.2%70.4K-384.2K-9.2K0.0093.0400877526
2019-08-26$42.60$40.0013.3%3.8%15.0%4.1%0.0%0.5%-1.1%84.3K-507.9K-9.3K0.0081.3460877525
2019-08-27$42.88$40.0013.9%4.0%15.2%4.8%0.0%-7.3%-0.7%100.1K-597.2K-9.2K0.0082.7000873525
2019-08-28$42.56$40.0015.0%4.3%15.1%5.9%0.0%-5.0%-1.5%76.8K-459.4K-9.3K0.0072.106110873525
2019-08-29$42.74$40.0018.7%5.4%15.2%9.8%0.0%-4.0%-0.7%200.6K-1.0M-11.7K0.0082.955001,429525
2019-08-30$42.88$40.0014.8%4.2%15.3%5.7%0.0%-4.9%-0.7%195.2K-967.7K-10.7K0.0065.33001,383525