OGE Options History — July 2022

In July 2022, OGE traded between $38.10 and $41.17. ATM implied volatility averaged 31.7%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 1.7% (HV 20d: 29.9%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 6.34.

Notable Days

2022-07-29: Highest Volume — 690 contracts
2022-07-08: Largest IV spike — 74.8% change
2022-07-12: Highest IV Rank — 95.6%
2022-07-12: Largest Expected Move — 9.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$39.06	$38.10	$41.17	$40.06	$41.17
Max Pain	$35.00	$35.00	$35.00	$35.00	$35.00
ATM IV	31.7%	16.0%	86.5%	25.7%	26.5%
Expected Move	7.1%	4.6%	9.0%	7.4%	7.6%
HV 20d	29.9%	23.8%	38.4%	36.6%	25.5%
HV 60d	25.8%	25.3%	26.2%	25.3%	25.8%
IV Rank	25.3%	4.7%	95.6%	20.2%	18.2%
IV Percentile	68.0%	5.2%	99.6%	71.8%	73.0%
Term Structure	-1.9%	-11.1%	5.6%	-5.1%	-3.5%
VWIV	27.0%	17.2%	36.9%	25.5%	28.6%
Skew 25d	7.7%	-15.6%	32.9%	32.9%	11.6%
Skew 10d	23.9%	-33.1%	61.3%	49.0%	16.4%
Call IV 25d	23.8%	15.2%	44.3%	23.3%	15.3%
Put IV 25d	31.4%	19.7%	56.2%	56.2%	26.9%
Bid-Ask Spread %	105.99	97.19	115.08	103.10	104.92
Gamma HHI	0.51	0.41	0.63	0.43	0.53
Net GEX	93.4K	46.5K	165.9K	76.9K	165.9K
Net DEX	-1.3M	-2.7M	-558.2K	-1.7M	-2.7M
Net VEX	-9.2K	-10.2K	-8.3K	-10.1K	-10.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.34	2.20	15.69	2.20	3.73
Total Volume	503.45	261	690	294	690
Total OI	2,191.4	1,969	2,339	2,299	2,324

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
2022-07-01	$40.06	$35.00	25.7%	7.4%	36.6%	20.2%	25.5%	32.9%	-5.1%	76.9K	-1.7M	-10.1K	2.20	103.10	92	202	1,128	1,171
2022-07-05	$38.73	$35.00	26.4%	8.8%	38.4%	21.0%	29.9%	10.8%	-6.7%	65.7K	-1.0M	-10.0K	2.59	105.06	78	202	1,149	1,171
2022-07-06	$38.83	$35.00	42.1%	7.4%	38.4%	38.7%	33.3%	6.8%	-3.4%	53.1K	-1.1M	-10.2K	3.42	115.08	59	202	1,165	1,171
2022-07-07	$38.61	$35.00	28.9%	6.2%	38.3%	21.7%	22.5%	7.3%	1.2%	53.5K	-971.2K	-9.5K	3.26	103.92	62	202	1,168	1,171
2022-07-08	$38.10	$35.00	50.5%	7.1%	38.2%	49.4%	25.1%	4.0%	-0.1%	46.5K	-558.2K	-9.7K	3.06	109.99	66	202	1,097	1,171
2022-07-11	$38.45	$35.00	64.1%	7.5%	37.6%	66.7%	31.0%	10.9%	0.8%	60.7K	-732.6K	-9.3K	3.16	104.95	64	202	1,097	1,171
2022-07-12	$38.46	$35.00	86.5%	9.0%	37.6%	95.6%	36.9%	-1.7%	-11.1%	58.3K	-716.4K	-9.7K	5.85	114.56	85	497	1,109	1,171
2022-07-13	$38.60	$35.00	22.9%	6.6%	29.6%	13.6%	26.2%	5.9%	1.5%	82.5K	-903.7K	-8.8K	8.42	104.35	59	497	1,125	1,019
2022-07-14	$38.86	$35.00	25.7%	7.4%	28.0%	17.3%	25.2%	6.1%	-2.2%	77.1K	-1.1M	-8.9K	9.38	97.19	53	497	1,131	1,019
2022-07-15	$39.32	$35.00	24.8%	7.1%	28.1%	16.1%	25.8%	-15.6%	-1.3%	82.8K	-1.3M	-9.0K	6.63	100.66	75	497	1,134	1,019
2022-07-18	$39.18	$35.00	30.4%	8.7%	24.3%	23.3%	29.1%	4.5%	-6.6%	103.9K	-1.3M	-8.3K	4.41	109.14	113	498	1,093	876
2022-07-19	$39.47	$35.00	23.4%	6.7%	24.1%	14.3%	23.8%	11.4%	-4.0%	125.9K	-1.6M	-8.6K	4.49	97.98	111	498	1,146	887
2022-07-20	$38.49	$35.00	21.8%	6.3%	26.5%	12.3%	19.6%	13.9%	2.8%	95.3K	-1.1M	-9.2K	4.13	111.29	121	500	1,164	887
2022-07-21	$38.29	$35.00	23.5%	6.7%	25.7%	14.5%	30.4%	8.0%	-1.3%	84.6K	-839.4K	-8.9K	9.80	99.99	56	549	1,173	887
2022-07-22	$38.42	$35.00	22.8%	6.5%	24.9%	13.5%	28.3%	6.0%	-0.2%	88.8K	-926.8K	-9.0K	10.98	106.61	50	549	1,196	937
2022-07-25	$38.88	$35.00	24.8%	7.1%	23.8%	16.0%	30.7%	7.9%	-2.3%	109.8K	-1.2M	-8.8K	9.15	113.60	60	549	1,204	937
2022-07-26	$39.38	$35.00	26.1%	7.5%	23.9%	17.7%	28.4%	10.8%	-4.3%	121.2K	-1.5M	-9.0K	5.49	102.69	100	549	1,219	937
2022-07-27	$39.52	$35.00	16.0%	4.6%	23.9%	4.7%	17.2%	4.3%	5.6%	154.7K	-1.6M	-9.0K	10.98	108.56	50	549	1,264	937
2022-07-28	$40.47	$35.00	20.6%	5.9%	25.1%	10.7%	23.0%	7.6%	1.3%	160.9K	-2.3M	-8.9K	15.69	106.19	35	549	1,266	937
2022-07-29	$41.17	$35.00	26.5%	7.6%	25.5%	18.2%	28.6%	11.6%	-3.5%	165.9K	-2.7M	-10.0K	3.73	104.92	146	544	1,385	939