OGE Options History — October 2023

In October 2023, OGE traded between $31.99 and $34.55. ATM implied volatility averaged 31.8%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 9.0% (HV 20d: 22.8%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 2.47.

Notable Days

  • 2023-10-03: Highest Volume — 153 contracts
  • 2023-10-26: Largest IV spike — 150.2% change
  • 2023-10-26: Highest IV Rank — 56.8%
  • 2023-10-26: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.53$31.99$34.55$31.99$34.09
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV31.8%15.4%66.1%52.1%34.0%
Expected Move9.5%6.0%18.9%14.9%9.8%
HV 20d22.8%18.0%24.3%24.3%18.0%
HV 60d19.1%18.7%19.4%19.3%19.1%
IV Rank19.6%1.7%56.8%41.6%22.0%
IV Percentile65.3%4.0%99.6%97.2%85.3%
Term Structure-8.7%-54.9%17.4%-54.9%-9.6%
VWIV33.5%21.2%66.2%28.9%37.6%
Skew 25d17.3%-11.1%59.6%-11.1%27.0%
Skew 10d28.4%-52.7%90.6%7.9%41.2%
Call IV 25d25.0%18.1%43.2%43.2%30.9%
Put IV 25d42.3%22.9%83.4%32.1%58.0%
Bid-Ask Spread %78.6813.76114.36114.3667.92
Gamma HHI0.430.320.520.520.50
Net GEX52.6K14.8K79.9K29.3K71.7K
Net DEX-774.5K-1.1M-480.9K-602.7K-843.1K
Net VEX-4.5K-5.4K-3.8K-3.9K-4.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.470.0043.0043.000.00
Total Volume27.50153445
Total OI1,181.5919191,2959191,215

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$31.99$30.0052.1%14.9%24.3%41.6%28.9%-11.1%-54.9%29.3K-602.7K-3.9K43.00114.3614385366
2023-10-03$32.34$30.0054.7%15.7%24.3%44.5%39.2%12.9%-32.6%30.1K-558.5K-4.1K3.2597.1936117852109
2023-10-04$32.31$30.0048.3%13.8%24.2%37.4%0.0%6.3%-36.7%23.1K-480.9K-4.0K2.1095.071021884226
2023-10-05$32.61$30.0020.2%6.0%22.6%7.0%41.4%18.9%17.4%14.8K-534.6K-4.0K0.3894.21135889247
2023-10-06$32.72$30.0015.8%9.9%22.0%2.2%0.0%33.9%-16.1%25.3K-534.9K-4.7K0.2596.9441875248
2023-10-09$33.03$30.0024.1%7.9%22.0%11.2%31.9%8.2%-4.3%34.3K-510.2K-3.9K0.2932.433510880249
2023-10-10$33.36$30.0015.4%6.7%22.4%1.7%0.0%8.5%-0.6%43.5K-588.5K-3.9K0.0013.76390908255
2023-10-11$33.95$30.0031.6%9.1%23.4%19.4%31.7%10.4%-11.4%60.3K-709.3K-4.4K0.0093.75650970255
2023-10-12$33.70$30.0026.7%7.6%22.9%14.0%0.0%7.2%10.9%57.8K-902.3K-5.1K0.0061.670101,016255
2023-10-13$34.03$30.0023.9%6.9%23.2%11.0%24.2%18.5%0.1%70.1K-916.7K-5.0K0.0095.99301,016261
2023-10-16$34.55$30.0030.7%8.8%23.9%18.4%31.3%59.6%-9.5%79.9K-939.2K-4.7K0.04103.072811,019261
2023-10-17$34.20$30.0022.7%6.5%24.0%9.6%22.7%12.7%-4.6%74.6K-984.2K-5.2K0.0060.31501,013261
2023-10-18$34.03$30.0020.8%6.0%24.1%7.7%0.0%35.8%0.8%64.5K-882.1K-4.7K0.0096.77601,015261
2023-10-19$33.80$30.0032.6%9.3%24.0%20.4%0.0%25.1%8.6%51.6K-796.7K-4.4K0.00102.64001,021261
2023-10-20$33.47$30.0028.8%8.2%24.2%16.3%0.0%15.8%-1.2%50.0K-794.1K-4.9K0.0090.70401,034261
2023-10-23$33.25$30.0024.4%7.0%24.2%11.5%21.2%12.7%8.0%50.0K-637.9K-3.8K0.0070.86200997137
2023-10-24$34.00$30.0042.5%12.2%22.2%31.2%31.0%35.0%-11.7%71.4K-932.0K-4.7K0.0074.512401,016137
2023-10-25$34.20$30.0026.4%7.6%22.1%13.7%0.0%0.0%-1.3%74.5K-963.9K-4.7K0.0055.44701,040137
2023-10-26$34.47$30.0066.1%18.9%21.7%56.8%66.2%20.7%-39.4%59.7K-1.1M-5.4K0.0088.021701,047137
2023-10-27$33.64$30.0030.0%8.6%23.6%17.6%28.7%14.9%-1.5%58.4K-875.5K-4.7K0.0072.056701,064137
2023-10-30$33.95$30.0028.7%8.2%18.2%16.2%37.6%7.8%-0.9%62.4K-982.3K-5.3K0.1453.29711,073137
2023-10-31$34.09$30.0034.0%9.8%18.0%22.0%0.0%27.0%-9.6%71.7K-843.1K-4.1K0.0067.92501,077138