OGE Options History — August 2021

In August 2021, OGE traded between $34.00 and $36.25. ATM implied volatility averaged 21.0%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 4.7% (HV 20d: 16.4%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.84.

Notable Days

  • 2021-08-06: Highest Volume — 683 contracts
  • 2021-08-09: Largest IV spike — 22.4% change
  • 2021-08-09: Highest IV Rank — 18.9%
  • 2021-08-03: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.36$34.00$36.25$34.00$35.39
Max Pain$34.32$30.00$35.00$35.00$35.00
ATM IV21.0%17.0%24.5%22.7%21.3%
Expected Move6.0%5.3%6.6%6.5%6.1%
HV 20d16.4%12.9%20.4%18.8%12.9%
HV 60d17.5%16.8%18.9%18.8%16.9%
IV Rank14.6%9.6%18.9%16.7%15.0%
IV Percentile29.3%9.9%40.9%35.3%32.1%
Term Structure1.2%-7.3%25.3%-2.1%4.7%
VWIV22.1%19.3%30.8%23.0%20.7%
Skew 25d2.0%-6.5%4.6%4.3%1.6%
Skew 10d6.8%-7.0%12.1%7.1%2.4%
Call IV 25d23.2%17.6%27.1%22.4%20.0%
Put IV 25d25.2%19.8%29.5%26.7%21.6%
Bid-Ask Spread %82.2933.0096.9888.6083.38
Gamma HHI0.740.650.830.770.73
Net GEX252.5K182.3K362.3K279.3K252.3K
Net DEX-3.8M-5.0M-2.5M-2.6M-3.8M
Net VEX-13.0K-15.1K-10.4K-14.0K-12.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.004.590.000.04
Total Volume114.273106833724
Total OI4,221.8183,9474,6113,9584,353

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-08-02$34.00$35.0022.7%6.5%18.8%16.7%23.0%4.3%-2.1%279.3K-2.6M-14.0K0.0088.603702,5231,435
2021-08-03$34.34$35.0023.1%6.6%19.1%17.1%23.1%0.2%1.1%257.9K-2.7M-14.4K0.4394.12732,5031,445
2021-08-04$34.18$35.0021.8%6.2%19.2%15.5%21.8%0.1%1.7%255.8K-2.5M-14.2K0.6196.9818112,5031,444
2021-08-05$34.36$30.0017.0%5.3%19.2%9.6%21.1%4.4%0.5%338.0K-2.7M-13.6K1.9475.9518352,5091,445
2021-08-06$35.09$30.0020.0%6.0%20.4%13.3%20.8%4.6%-4.6%338.2K-3.9M-13.2K1.4933.002744092,5091,455
2021-08-09$35.15$30.0024.5%5.8%20.4%18.9%22.0%3.9%-3.7%362.3K-3.9M-11.7K0.3870.50109412,5171,444
2021-08-10$35.18$35.0019.5%5.6%19.4%12.7%22.7%3.8%-6.6%261.3K-3.1M-15.1K0.6688.2832212,4081,812
2021-08-11$35.62$35.0019.5%5.6%19.7%12.7%19.7%3.5%-0.0%267.4K-4.0M-13.9K0.1683.1588142,4481,837
2021-08-12$36.03$35.0021.7%6.2%19.6%15.4%21.8%3.8%-0.6%239.2K-4.8M-13.1K1.7791.481051862,4761,829
2021-08-13$36.25$35.0020.3%5.8%19.5%13.8%20.4%1.3%1.0%232.1K-5.0M-14.9K0.7493.9072532,4911,829
2021-08-16$35.93$35.0020.7%5.9%15.7%14.2%20.8%2.4%3.4%238.2K-4.5M-14.1K0.4983.5643212,5702,008
2021-08-17$35.86$35.0021.5%6.2%14.9%15.2%23.0%2.9%-2.9%205.4K-4.8M-13.3K0.2387.092662,5702,028
2021-08-18$35.67$35.0022.2%6.4%14.5%16.1%22.3%3.5%-2.3%249.7K-4.4M-14.1K0.0688.691612,5842,027
2021-08-19$35.48$35.0022.8%6.5%13.9%16.8%22.8%4.0%1.9%259.3K-4.1M-14.1K0.1690.7782132,5682,027
2021-08-20$35.84$35.0022.6%6.5%13.3%16.6%24.0%1.8%-0.6%189.1K-4.8M-11.5K0.0088.215702,5682,027
2021-08-23$35.60$35.0020.9%6.0%13.7%14.5%21.0%1.9%10.3%182.3K-3.5M-12.1K4.5957.2317782,3351,746
2021-08-24$35.40$35.0018.9%5.4%13.2%12.0%19.3%1.0%-1.4%217.7K-3.2M-13.0K0.1177.974552,3511,746
2021-08-25$35.75$35.0020.6%5.9%13.1%14.1%21.9%0.6%3.9%229.4K-4.0M-10.4K1.6582.4817282,3641,710
2021-08-26$35.56$35.0022.1%6.3%13.4%15.9%21.9%-3.7%5.2%205.4K-3.8M-11.8K0.0087.500892,4051,710
2021-08-27$35.66$35.0018.6%5.3%13.0%11.6%30.8%-6.5%25.3%252.9K-3.9M-10.5K0.0086.1019402,4151,734
2021-08-30$35.53$35.0020.9%6.0%13.1%14.5%21.0%4.6%-7.3%242.8K-3.8M-10.6K2.0481.35721472,4151,757
2021-08-31$35.39$35.0021.3%6.1%12.9%15.0%20.7%1.6%4.7%252.3K-3.8M-12.7K0.0483.382312,5901,763