OGE Options History — June 2023

In June 2023, OGE traded between $34.97 and $36.70. ATM implied volatility averaged 26.5%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 9.8% (HV 20d: 16.7%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 1.21.

Notable Days

2023-06-20: Highest Volume — 105 contracts
2023-06-26: Largest IV spike — 78.3% change
2023-06-07: Highest IV Rank — 53.0%
2023-06-12: Largest Expected Move — 12.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.06	$34.97	$36.70	$34.97	$35.97
Max Pain	$35.00	$35.00	$35.00	$35.00	$35.00
ATM IV	26.5%	13.8%	62.6%	35.9%	14.6%
Expected Move	6.6%	4.0%	12.1%	10.3%	4.2%
HV 20d	16.7%	14.9%	18.4%	15.8%	16.3%
HV 60d	19.0%	16.9%	21.0%	20.7%	17.7%
IV Rank	13.8%	0.0%	53.0%	24.0%	0.9%
IV Percentile	42.4%	0.0%	97.6%	86.5%	2.0%
Term Structure	-0.6%	-34.5%	16.8%	-34.5%	8.9%
VWIV	17.1%	9.6%	24.1%	19.2%	16.3%
Skew 25d	11.6%	-9.6%	36.0%	-9.6%	-1.0%
Skew 10d	45.0%	4.3%	128.8%	4.3%	62.3%
Call IV 25d	17.3%	11.9%	35.2%	35.2%	18.7%
Put IV 25d	28.9%	12.7%	53.6%	25.5%	17.8%
Bid-Ask Spread %	113.42	98.76	128.90	109.80	112.20
Gamma HHI	0.56	0.44	0.74	0.46	0.58
Net GEX	32.4K	-11.7K	49.9K	-11.7K	39.6K
Net DEX	-331.6K	-591.3K	-49.4K	-49.4K	-366.0K
Net VEX	-3.6K	-4.6K	-3.0K	-3.9K	-3.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.21	0.00	12.67	12.67	0.00
Total Volume	15.143	0	105	41	19
Total OI	1,561.81	834	2,055	2,043	984

Daily Data (21 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
2023-06-01	$34.97	$35.00	35.9%	10.3%	15.8%	24.0%	19.2%	-9.6%	-34.5%	-11.7K	-49.4K	-3.9K	12.67	109.80	3	38	1,268	775
2023-06-02	$35.63	$35.00	32.6%	9.4%	17.0%	20.4%	23.0%	1.1%	-28.8%	23.9K	-303.1K	-4.3K	0.00	111.15	0	1	1,271	738
2023-06-05	$35.69	$35.00	26.4%	8.1%	16.5%	13.6%	22.0%	36.0%	-5.4%	15.4K	-231.1K	-3.3K	0.50	118.68	2	1	1,271	738
2023-06-06	$35.70	$35.00	43.4%	8.7%	16.6%	32.1%	0.0%	31.5%	-8.2%	29.1K	-223.0K	-3.5K	0.00	121.19	0	0	1,273	739
2023-06-07	$36.44	$35.00	62.6%	11.9%	18.4%	53.0%	0.0%	29.0%	-0.3%	49.9K	-487.5K	-4.6K	0.00	121.47	6	0	1,273	739
2023-06-08	$36.58	$35.00	34.4%	7.4%	18.2%	22.3%	0.0%	17.4%	2.1%	40.2K	-434.1K	-3.6K	1.00	114.81	1	1	1,276	766
2023-06-09	$36.30	$35.00	39.5%	7.3%	17.8%	27.9%	0.0%	20.3%	-1.0%	36.2K	-468.7K	-4.4K	0.00	128.90	0	0	1,276	767
2023-06-12	$36.24	$35.00	33.5%	12.1%	17.5%	21.4%	0.0%	18.9%	-16.7%	22.5K	-510.5K	-4.1K	0.00	123.06	0	1	1,276	767
2023-06-13	$36.26	$35.00	41.8%	4.9%	17.0%	30.4%	12.7%	0.4%	3.3%	20.9K	-402.2K	-3.5K	0.00	123.19	3	0	1,276	767
2023-06-14	$36.28	$35.00	17.0%	4.9%	16.4%	3.4%	19.4%	-0.8%	8.8%	37.5K	-291.5K	-3.6K	0.13	127.75	8	1	1,277	766
2023-06-15	$36.55	$35.00	15.2%	4.4%	16.5%	1.5%	0.0%	1.9%	16.8%	35.9K	-403.2K	-3.2K	0.00	118.25	8	0	1,283	767
2023-06-16	$36.70	$35.00	17.3%	5.0%	16.5%	3.7%	0.0%	0.8%	9.5%	45.4K	-591.3K	-3.4K	0.00	114.38	5	0	1,288	767
2023-06-20	$36.47	$35.00	17.2%	4.9%	16.3%	3.6%	15.0%	-1.0%	5.1%	43.7K	-293.9K	-3.3K	0.22	117.75	86	19	713	121
2023-06-21	$36.44	$35.00	19.5%	5.6%	16.3%	6.1%	12.1%	-2.8%	7.8%	44.7K	-253.7K	-3.1K	0.14	114.82	7	1	778	112
2023-06-22	$36.14	$35.00	16.8%	4.8%	16.6%	3.2%	16.9%	4.0%	2.2%	43.5K	-326.6K	-3.6K	0.13	100.36	24	3	785	113
2023-06-23	$35.70	$35.00	13.8%	4.0%	16.9%	0.0%	9.6%	24.5%	4.3%	45.2K	-441.2K	-4.3K	0.25	105.14	24	6	804	116
2023-06-26	$36.14	$35.00	24.6%	7.0%	14.9%	11.7%	24.1%	32.0%	-1.8%	38.7K	-308.8K	-3.6K	0.07	100.73	27	2	828	122
2023-06-27	$36.22	$35.00	16.4%	4.7%	14.9%	2.9%	15.7%	2.9%	0.2%	30.1K	-223.3K	-3.0K	4.00	100.10	1	4	842	124
2023-06-28	$35.39	$35.00	17.6%	5.0%	17.3%	4.1%	16.3%	20.6%	9.9%	30.0K	-211.3K	-3.4K	0.00	98.76	0	10	843	128
2023-06-29	$35.52	$35.00	16.3%	4.7%	16.7%	2.7%	16.3%	18.4%	5.9%	19.7K	-142.8K	-3.0K	0.20	99.29	5	1	843	138
2023-06-30	$35.97	$35.00	14.6%	4.2%	16.3%	0.9%	0.0%	-1.0%	8.9%	39.6K	-366.0K	-3.5K	0.00	112.20	19	0	845	139