OGE Options History — September 2022

In September 2022, OGE traded between $36.73 and $42.39. ATM implied volatility averaged 25.2%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 2.7% (HV 20d: 22.5%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 2.52.

Notable Days

  • 2022-09-07: Highest Volume — 545 contracts
  • 2022-09-27: Largest IV spike — 52.6% change
  • 2022-09-28: Highest IV Rank — 33.8%
  • 2022-09-28: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.46$36.73$42.39$40.90$36.73
Max Pain$39.05$35.00$40.00$40.00$40.00
ATM IV25.2%15.0%38.6%18.6%32.1%
Expected Move6.9%4.8%11.1%5.3%9.2%
HV 20d22.5%16.6%30.4%16.6%30.4%
HV 60d22.7%20.8%26.1%26.1%22.8%
IV Rank16.6%3.4%33.8%8.1%25.5%
IV Percentile56.5%3.6%87.3%23.0%80.2%
Term Structure-2.0%-20.4%7.5%4.6%7.5%
VWIV27.3%12.6%44.6%18.9%34.8%
Skew 25d25.7%-10.0%102.9%-10.0%-7.4%
Skew 10d74.4%1.2%141.1%29.1%3.5%
Call IV 25d23.2%12.8%46.4%30.4%46.4%
Put IV 25d48.8%17.7%124.5%20.3%39.0%
Bid-Ask Spread %117.19100.62126.22105.33102.81
Gamma HHI0.470.330.590.540.33
Net GEX88.8K14.7K150.1K137.5K14.7K
Net DEX-1.8M-3.6M100.6K-2.3M100.6K
Net VEX-7.9K-9.7K-6.4K-9.6K-7.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.520.008.850.330.74
Total Volume155.28605454141
Total OI2,028.7621,0872,8172,7821,338

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$40.90$40.0018.6%5.3%16.6%8.1%18.9%-10.0%4.6%137.5K-2.3M-9.6K0.33105.33311,5201,262
2022-09-02$40.66$40.0019.5%5.6%16.7%9.2%25.2%-7.6%1.5%139.9K-2.1M-9.7K0.00107.412901,5171,262
2022-09-06$40.53$40.0022.0%5.5%16.7%12.5%41.3%29.5%-0.5%148.7K-2.1M-9.2K7.45121.50644771,5251,262
2022-09-07$41.58$40.0025.9%5.5%18.6%17.5%18.7%9.8%2.6%139.6K-2.9M-8.9K6.36123.48744711,5311,255
2022-09-08$41.36$40.0015.0%5.5%18.7%3.4%0.0%33.8%4.3%106.4K-3.2M-8.0K0.00112.69001,5301,255
2022-09-09$41.97$40.0022.8%5.4%19.3%13.5%0.0%2.8%2.8%102.9K-3.4M-8.0K2.00112.52121,5301,255
2022-09-12$42.06$40.0022.4%4.8%17.9%13.0%17.2%3.8%5.3%80.3K-3.6M-7.6K0.00119.925001,5501,255
2022-09-13$41.02$40.0030.5%6.3%18.7%23.5%19.1%38.6%-2.8%145.3K-2.6M-8.3K7.39119.98644731,5391,255
2022-09-14$42.39$40.0022.6%6.5%22.4%13.3%0.0%7.0%-7.1%150.1K-3.1M-7.7K0.00125.241001,5341,257
2022-09-15$41.47$40.0021.6%6.2%23.6%11.9%24.3%0.9%-3.5%104.9K-3.2M-7.1K1.70126.2210171,5431,257
2022-09-16$40.88$40.0025.4%7.3%23.5%16.8%23.9%40.9%-7.6%66.5K-3.1M-7.6K8.85122.22544781,5431,274
2022-09-19$41.43$40.0021.8%6.3%24.2%12.2%44.6%27.5%-0.5%74.9K-1.2M-7.5K0.00100.62560814273
2022-09-20$41.17$35.0024.6%7.1%23.7%15.8%0.0%43.4%-6.1%78.4K-1.2M-7.6K3.50116.0727873273
2022-09-21$40.79$35.0021.5%6.2%23.8%11.8%12.6%52.5%-4.8%76.2K-1.2M-7.5K0.00123.08130875280
2022-09-22$40.75$35.0027.5%7.9%23.8%19.5%0.0%56.8%-20.4%75.9K-1.2M-7.8K0.00119.4600888280
2022-09-23$39.90$35.0022.9%6.6%24.6%13.7%23.8%85.8%4.0%61.7K-841.0K-7.5K0.00124.55028888280
2022-09-26$39.13$40.0024.2%6.9%25.1%15.4%25.4%102.9%4.4%44.6K-540.6K-7.5K1.01124.827172888308
2022-09-27$38.28$40.0037.0%10.6%25.8%31.8%36.0%8.0%-10.7%38.1K-339.7K-7.3K0.93124.807065888320
2022-09-28$39.10$40.0038.6%11.1%27.3%33.8%35.8%18.2%-14.6%48.1K-557.0K-7.5K1.02113.616465888325
2022-09-29$37.53$40.0032.1%9.2%30.1%25.5%34.9%2.2%-0.0%30.8K-63.2K-6.4K4.14114.5764265889325
2022-09-30$36.73$40.0032.1%9.2%30.4%25.5%34.8%-7.4%7.5%14.7K100.6K-7.4K0.74102.818160889449