OGE Options History — August 2023

In August 2023, OGE traded between $33.41 and $36.22. ATM implied volatility averaged 19.3%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 1.9% (HV 20d: 17.4%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-08-17: Highest Volume — 70 contracts
  • 2023-08-28: Largest IV spike — 34.9% change
  • 2023-08-22: Highest IV Rank — 13.5%
  • 2023-08-07: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.44$33.41$36.22$35.94$34.22
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV19.3%13.9%26.2%23.5%13.9%
Expected Move5.7%4.0%9.0%6.7%4.0%
HV 20d17.4%12.8%20.6%18.8%12.8%
HV 60d17.3%16.5%17.9%16.8%16.5%
IV Rank6.0%0.1%13.5%10.6%0.1%
IV Percentile22.1%0.4%65.5%49.2%0.4%
Term Structure3.8%-13.9%15.4%13.9%1.5%
VWIV21.1%15.4%32.4%23.6%15.4%
Skew 25d16.3%-6.7%137.5%-1.7%6.4%
Skew 10d22.5%-15.5%183.0%57.8%2.7%
Call IV 25d22.8%17.2%28.5%25.7%17.9%
Put IV 25d39.1%17.5%160.3%24.0%24.3%
Bid-Ask Spread %99.8771.85113.58100.53106.31
Gamma HHI0.600.470.900.810.49
Net GEX30.7K5.1K69.1K69.1K43.1K
Net DEX-494.0K-928.2K-344.3K-928.2K-557.3K
Net VEX-2.9K-4.9K-2.2K-4.9K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.001.000.630.00
Total Volume27.391270135
Total OI1,280.0871,2041,3561,2081,344

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$35.94$35.0023.5%6.7%18.8%10.6%23.6%-1.7%13.9%69.1K-928.2K-4.9K0.63100.53851,089119
2023-08-02$36.22$35.0022.3%6.4%18.4%9.2%23.9%-0.7%-3.8%66.8K-738.2K-3.8K1.0095.47111,091119
2023-08-03$35.25$35.0022.5%5.5%20.6%9.5%19.2%19.9%8.1%32.2K-611.9K-3.6K0.5092.971471,090118
2023-08-04$34.78$35.0019.4%6.4%20.1%6.1%0.0%-2.7%1.6%31.8K-494.5K-3.4K0.00103.701001,081125
2023-08-07$34.72$35.0021.3%9.0%19.9%8.1%32.4%1.0%-13.9%47.3K-532.5K-3.2K0.00109.05301,082125
2023-08-08$34.53$35.0021.3%6.9%19.4%8.2%0.0%7.4%0.2%27.9K-438.0K-3.0K0.08104.972621,084125
2023-08-09$34.58$35.0015.4%4.4%18.0%1.8%15.4%37.5%11.3%5.1K-353.8K-2.6K0.33105.3833111,077127
2023-08-10$34.41$35.0020.4%5.9%17.9%7.2%20.8%-6.7%-1.1%18.4K-349.2K-2.9K0.0099.536201,095136
2023-08-11$34.53$35.0018.8%5.4%18.0%5.4%31.2%-2.4%2.7%10.7K-492.3K-2.7K0.00104.55801,147136
2023-08-14$33.98$35.0018.7%5.3%17.6%5.3%18.7%-4.3%8.6%9.6K-438.2K-2.5K0.6571.8517111,147136
2023-08-15$33.41$35.0017.3%5.0%18.3%3.8%15.5%40.8%5.7%13.8K-396.9K-2.5K0.21110.682861,168134
2023-08-16$33.78$35.0019.4%5.5%18.2%6.0%19.4%-3.0%14.7%14.7K-533.9K-2.8K0.33113.5830101,184142
2023-08-17$33.89$35.0020.4%5.9%17.1%7.2%22.1%-0.8%-1.7%23.7K-576.0K-2.8K0.0197.456911,214142
2023-08-18$34.11$35.0019.3%5.5%16.6%6.0%19.3%-6.7%6.9%19.8K-362.3K-2.6K0.0093.564801,159143
2023-08-21$33.86$35.0019.4%5.6%16.5%6.1%19.6%1.9%1.0%24.0K-369.7K-2.4K0.0097.132201,165130
2023-08-22$34.19$35.0026.2%7.5%17.0%13.5%23.5%137.5%-3.1%28.6K-393.3K-2.4K0.00100.913401,170130
2023-08-23$34.28$35.0017.4%5.0%16.8%4.0%17.5%-4.0%2.2%32.5K-470.4K-2.5K0.0094.791701,183130
2023-08-24$34.09$35.0017.7%5.1%15.7%4.2%18.4%1.8%4.8%30.0K-344.3K-2.2K0.00107.843501,186130
2023-08-25$34.34$35.0016.6%4.8%16.0%3.0%24.8%62.2%15.4%37.1K-488.5K-2.6K0.04105.665121,192130
2023-08-28$34.20$35.0022.4%6.4%15.8%9.3%20.7%69.9%1.3%34.2K-468.4K-2.6K0.00105.914001,198131
2023-08-29$34.41$35.0015.4%4.4%16.1%1.8%0.0%17.2%8.0%42.5K-514.5K-2.5K0.00101.87051,213131
2023-08-30$34.34$35.0015.3%4.4%15.7%1.7%15.4%4.9%2.2%43.6K-510.5K-2.6K0.0073.44801,213131
2023-08-31$34.22$35.0013.9%4.0%12.8%0.1%0.0%6.4%1.5%43.1K-557.3K-3.1K0.00106.31501,213131