OGE Options History — July 2021

In July 2021, OGE traded between $33.16 and $34.28. ATM implied volatility averaged 20.5%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 2.1% (HV 20d: 18.4%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.67.

Notable Days

  • 2021-07-08: Highest Volume — 1,192 contracts
  • 2021-07-15: Largest IV spike — 228.8% change
  • 2021-07-15: Highest IV Rank — 49.8%
  • 2021-07-15: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.81$33.16$34.28$34.00$33.77
Max Pain$33.33$25.00$35.00$35.00$35.00
ATM IV20.5%9.5%49.3%12.6%19.6%
Expected Move6.6%2.7%14.1%3.6%5.6%
HV 20d18.4%16.6%19.6%18.7%18.7%
HV 60d18.4%17.5%19.4%18.2%19.1%
IV Rank13.9%0.2%49.8%4.0%12.8%
IV Percentile24.7%0.4%94.0%0.8%21.8%
Term Structure-3.2%-39.3%11.4%11.4%1.0%
VWIV24.3%9.3%53.5%9.3%19.6%
Skew 25d14.8%-2.1%98.8%6.5%4.0%
Skew 10d16.5%-42.0%132.1%6.5%5.4%
Call IV 25d18.9%9.3%27.4%9.3%19.8%
Put IV 25d33.6%9.6%125.2%15.8%23.8%
Bid-Ask Spread %89.6147.76105.5499.4388.76
Gamma HHI0.650.480.840.640.73
Net GEX155.9K58.1K375.2K112.7K256.5K
Net DEX-1.9M-2.8M-834.7K-2.3M-2.3M
Net VEX-11.1K-15.1K-8.7K-9.0K-13.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.003.310.000.14
Total Volume195.143101,1922297
Total OI3,454.6192,8483,9183,2973,918

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-07-01$34.00$35.0012.6%3.6%18.7%4.0%9.3%6.5%11.4%112.7K-2.3M-9.0K0.0099.432202,0941,203
2021-07-02$34.05$35.009.5%2.7%18.7%0.2%0.0%0.2%7.8%117.1K-2.3M-9.3K0.1194.95912,1091,203
2021-07-06$33.98$25.0012.2%4.8%18.7%3.6%17.8%16.7%3.1%108.1K-2.2M-8.7K1.4347.7635502,1191,204
2021-07-07$34.12$25.0013.1%5.0%18.7%4.8%0.0%83.8%3.6%114.8K-2.4M-10.4K0.0095.333802,1251,195
2021-07-08$33.95$25.0012.0%5.6%18.1%3.4%19.6%4.6%0.6%113.3K-2.2M-9.4K0.7485.256875052,1351,195
2021-07-09$33.84$30.0012.8%5.4%17.4%4.4%24.6%5.9%2.7%79.3K-1.7M-10.2K3.3197.30642122,0481,662
2021-07-12$33.84$35.0014.4%12.7%16.6%6.3%53.5%14.4%-39.3%92.4K-1.1M-10.9K0.1873.951731,8261,503
2021-07-13$33.34$35.0021.5%5.6%17.2%15.3%19.5%4.6%-8.6%76.6K-834.7K-10.2K0.5063.6520101,8261,503
2021-07-14$33.51$35.0015.0%4.3%17.4%7.1%17.8%6.2%-2.3%124.5K-1.2M-9.2K0.4590.441151,8251,487
2021-07-15$33.94$35.0049.3%14.1%17.8%49.8%50.9%25.6%-35.8%100.9K-1.2M-9.8K0.1599.545281,8281,491
2021-07-16$34.28$35.0031.2%9.0%18.2%27.4%27.8%21.9%-6.9%133.9K-1.6M-10.1K1.11101.1864711,8761,494
2021-07-19$33.25$35.0024.2%6.9%18.4%18.5%26.6%4.0%-1.0%58.1K-1.4M-9.8K1.63100.411392271,6661,305
2021-07-20$33.86$35.0028.0%8.0%18.2%23.3%26.5%98.8%-9.2%151.4K-1.8M-9.1K0.1799.198331441,6191,229
2021-07-21$33.52$35.0016.3%4.7%18.5%8.8%14.9%0.9%6.1%172.4K-1.6M-11.0K0.0486.097232,0771,312
2021-07-22$33.16$35.0017.2%4.9%18.7%9.8%17.9%1.5%6.6%137.4K-1.5M-11.5K0.01105.5431532,1411,315
2021-07-23$33.69$35.0019.9%5.7%19.6%13.1%19.8%-1.6%-6.5%375.2K-2.8M-13.5K0.0286.944312,4391,317
2021-07-26$33.66$35.0019.5%5.6%18.8%12.7%19.7%-2.1%1.1%232.2K-2.1M-13.2K0.1876.5957102,4391,317
2021-07-27$34.19$35.0022.6%6.5%19.6%16.6%22.6%1.0%4.6%230.4K-2.7M-14.4K1.0090.2977772,4611,317
2021-07-28$33.97$35.0033.0%9.5%18.8%29.5%27.7%10.8%-3.9%235.5K-2.5M-13.9K0.0093.812002,4811,327
2021-07-29$33.99$35.0025.8%7.4%18.8%20.6%25.9%2.4%-2.8%251.0K-2.8M-15.1K2.84105.4525712,5511,365
2021-07-30$33.77$35.0019.6%5.6%18.7%12.8%19.6%4.0%1.0%256.5K-2.3M-13.8K0.1488.7685122,5531,365