OGE Options History — August 2022

In August 2022, OGE traded between $40.23 and $42.80. ATM implied volatility averaged 25.0%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 7.7% (HV 20d: 17.3%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 8.96.

Notable Days

  • 2022-08-04: Highest Volume — 623 contracts
  • 2022-08-05: Largest IV spike — 60.7% change
  • 2022-08-08: Highest IV Rank — 67.1%
  • 2022-08-03: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.50$40.23$42.80$40.96$40.62
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV25.0%14.0%64.4%25.1%18.8%
Expected Move5.6%4.0%7.6%7.2%5.4%
HV 20d17.3%15.5%21.7%21.7%16.8%
HV 60d25.5%25.1%26.1%25.4%26.1%
IV Rank16.3%2.2%67.1%16.5%8.3%
IV Percentile41.5%2.8%97.6%68.7%23.4%
Term Structure2.8%-7.2%23.3%-0.1%1.8%
VWIV22.5%14.8%44.1%27.5%19.5%
Skew 25d13.2%-3.7%97.2%77.6%2.3%
Skew 10d26.4%-25.1%191.4%176.2%8.5%
Call IV 25d15.8%9.3%21.5%17.0%19.5%
Put IV 25d29.0%13.6%117.2%94.6%21.8%
Bid-Ask Spread %100.2077.84118.70118.7094.05
Gamma HHI0.530.470.650.540.56
Net GEX174.7K128.7K239.4K179.3K138.3K
Net DEX-3.0M-4.0M-2.0M-2.7M-2.0M
Net VEX-9.7K-10.6K-8.5K-10.6K-9.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.960.00100.008.635.52
Total Volume212.6961623607561
Total OI2,550.2612,4062,7792,4072,779

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-08-01$40.96$40.0025.1%7.2%21.7%16.5%27.5%77.6%-0.1%179.3K-2.7M-10.6K8.63118.70635441,463944
2022-08-02$40.62$40.0019.7%5.6%17.8%9.5%21.3%7.6%3.2%187.7K-2.5M-10.0K9.71106.42565441,465944
2022-08-03$40.67$40.0026.5%7.6%17.8%18.2%26.8%97.2%-7.2%203.6K-2.6M-9.8K9.71116.35565441,462944
2022-08-04$40.29$40.0039.9%5.8%18.1%35.5%44.1%16.8%-1.0%180.8K-2.4M-9.8K6.89105.35795441,464944
2022-08-05$40.23$40.0064.1%5.7%17.2%66.7%19.1%3.1%1.8%172.3K-2.3M-10.1K11.34103.66475331,496944
2022-08-08$40.42$40.0064.4%6.0%17.1%67.1%37.8%10.6%3.0%175.6K-2.5M-10.1K12.6992.69425331,501946
2022-08-09$40.91$40.0033.3%5.0%17.4%27.1%18.2%2.3%3.8%208.0K-3.0M-9.4K0.00105.963801,504946
2022-08-10$41.08$40.0015.1%4.3%17.4%3.5%14.8%0.5%5.1%224.8K-3.1M-9.1K0.00112.79501,539946
2022-08-11$41.05$40.0017.2%4.9%17.4%6.3%17.1%4.0%1.6%239.4K-3.2M-8.9K0.20111.4056111,534946
2022-08-12$41.91$40.0015.3%4.4%18.3%3.9%0.0%8.8%8.5%196.1K-3.4M-8.9K10.14107.867711,508957
2022-08-15$42.67$40.0019.5%5.6%18.8%9.3%15.8%5.3%11.9%185.2K-3.9M-8.5K3.35112.1123771,510987
2022-08-16$42.64$40.0015.1%4.3%18.8%3.5%0.0%1.9%-1.0%181.9K-3.8M-9.6K0.0090.45101,5211,064
2022-08-17$42.26$40.0018.1%5.2%16.2%7.5%24.6%-3.7%-0.8%182.2K-3.5M-10.0K0.00107.81701,5221,064
2022-08-18$42.75$40.0021.6%6.2%16.0%11.9%17.5%6.4%23.3%172.3K-4.0M-8.8K0.0092.54401,5271,064
2022-08-19$42.80$40.0014.0%4.0%16.0%2.2%21.2%12.5%9.1%168.7K-3.8M-9.5K0.1895.804581,5241,065
2022-08-22$42.14$40.0017.9%5.1%17.4%7.2%21.1%9.3%4.1%173.3K-3.2M-9.3K16.00103.282321,4491,011
2022-08-23$41.99$40.0022.2%6.4%17.3%12.7%22.2%4.4%-1.8%171.3K-3.0M-9.9K100.0087.3822001,4511,042
2022-08-24$41.81$40.0020.9%6.0%17.5%11.0%20.9%6.9%-2.8%128.7K-2.8M-10.3K1.0086.74111,4531,242
2022-08-25$42.05$40.0018.4%5.3%15.7%7.8%14.9%10.3%9.9%146.0K-3.0M-9.1K0.0386.276021,4531,243
2022-08-26$41.50$40.0020.8%6.0%15.5%10.9%20.9%5.7%-3.5%136.0K-2.7M-10.5K9.3377.843281,5131,245
2022-08-29$41.70$40.0022.6%6.5%15.5%13.2%22.7%10.3%-0.1%133.4K-2.9M-10.2K0.7592.12861,5101,253
2022-08-30$41.34$40.0024.5%7.0%15.5%15.6%24.5%3.0%-3.6%133.6K-2.5M-10.1K0.5097.0632161,5131,254
2022-08-31$40.62$40.0018.8%5.4%16.8%8.3%19.5%2.3%1.8%138.3K-2.0M-9.9K5.5294.05864751,5171,262