OGE Options History — February 2024

In February 2024, OGE traded between $32.28 and $33.75. ATM implied volatility averaged 38.4%, placing in the 26.7% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 20.2% (HV 20d: 18.1%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.97.

Notable Days

2024-02-09: Highest Volume — 731 contracts
2024-02-02: Largest IV spike — 102.9% change
2024-02-05: Highest IV Rank — 95.9%
2024-02-26: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.95	$32.28	$33.75	$33.75	$33.03
Max Pain	$35.00	$35.00	$35.00	$35.00	$35.00
ATM IV	38.4%	21.7%	102.1%	44.6%	36.9%
Expected Move	8.5%	5.1%	11.7%	5.1%	10.6%
HV 20d	18.1%	16.0%	20.6%	20.3%	16.7%
HV 60d	19.0%	18.3%	20.0%	20.0%	18.6%
IV Rank	26.7%	8.6%	95.9%	33.5%	25.0%
IV Percentile	75.1%	35.7%	99.6%	90.5%	83.7%
Term Structure	2.1%	-13.4%	27.5%	3.7%	-4.1%
VWIV	26.1%	17.9%	59.1%	17.9%	20.1%
Skew 25d	13.2%	-4.5%	140.1%	7.1%	-1.4%
Skew 10d	15.9%	-1.7%	187.5%	10.1%	1.2%
Call IV 25d	23.9%	16.4%	38.7%	17.7%	30.3%
Put IV 25d	37.1%	21.3%	178.8%	24.8%	28.9%
Bid-Ask Spread %	104.79	76.65	121.02	99.97	117.47
Gamma HHI	0.64	0.54	0.78	0.56	0.70
Net GEX	87.1K	50.7K	129.1K	61.4K	123.7K
Net DEX	-1.0M	-1.5M	-409.4K	-717.6K	-1.2M
Net VEX	-10.3K	-12.5K	-7.0K	-7.1K	-11.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.00	7.00	0.00	0.11
Total Volume	67.3	0	731	116	0
Total OI	1,982.05	1,465	2,262	1,465	2,261

Daily Data (20 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
2024-02-01	$33.75	$35.00	44.6%	5.1%	20.3%	33.5%	17.9%	7.1%	3.7%	61.4K	-717.6K	-7.1K	0.00	99.97	116	0	1,187	278
2024-02-02	$33.41	$35.00	90.5%	5.4%	20.1%	83.3%	21.5%	1.7%	-2.7%	65.4K	-760.4K	-7.8K	0.00	109.38	30	0	1,305	278
2024-02-05	$32.80	$35.00	102.1%	8.9%	20.6%	95.9%	29.2%	8.5%	-3.6%	62.1K	-677.5K	-7.9K	0.14	121.02	7	1	1,334	280
2024-02-06	$32.69	$35.00	32.7%	8.2%	20.4%	20.6%	26.9%	11.6%	1.2%	57.0K	-532.4K	-7.5K	7.00	101.30	1	7	1,341	280
2024-02-07	$32.64	$35.00	27.5%	7.9%	20.4%	14.9%	26.6%	12.6%	2.7%	50.7K	-571.0K	-7.6K	0.00	105.46	0	1	1,342	285
2024-02-08	$32.39	$35.00	22.3%	6.4%	20.4%	9.2%	25.3%	8.1%	4.3%	50.8K	-409.4K	-7.0K	0.15	107.54	27	4	1,342	286
2024-02-09	$32.61	$35.00	30.1%	8.6%	17.1%	17.7%	18.6%	13.1%	2.9%	54.8K	-566.7K	-7.4K	0.00	110.40	731	0	1,363	288
2024-02-12	$32.89	$35.00	24.3%	7.0%	17.5%	11.4%	26.2%	-3.9%	-2.3%	92.6K	-1.2M	-11.9K	0.03	102.99	35	1	1,857	288
2024-02-13	$32.28	$35.00	27.5%	7.9%	17.4%	14.9%	22.1%	7.7%	-13.4%	85.8K	-971.3K	-11.3K	0.07	87.16	14	1	1,841	288
2024-02-14	$32.42	$35.00	27.6%	7.9%	17.1%	15.0%	0.0%	10.1%	-9.9%	78.6K	-977.2K	-10.8K	0.03	76.65	40	1	1,839	288
2024-02-15	$32.86	$35.00	33.8%	9.7%	17.8%	21.7%	26.6%	7.9%	4.5%	108.8K	-1.5M	-12.1K	1.00	90.36	6	6	1,859	289
2024-02-16	$33.00	$35.00	34.0%	9.7%	17.8%	22.0%	24.0%	1.9%	-3.0%	94.5K	-1.3M	-12.2K	0.09	79.52	11	1	1,865	291
2024-02-20	$32.94	$35.00	35.5%	10.2%	17.1%	23.6%	59.1%	13.0%	27.5%	116.3K	-1.3M	-11.9K	0.30	109.95	10	3	1,853	288
2024-02-21	$33.48	$35.00	36.7%	10.5%	17.9%	24.9%	23.5%	140.1%	4.3%	129.1K	-1.4M	-11.8K	0.03	111.02	134	4	1,861	291
2024-02-22	$33.16	$35.00	28.7%	8.2%	17.0%	16.2%	24.6%	10.3%	7.5%	121.3K	-1.3M	-11.7K	5.75	109.20	12	69	1,885	291
2024-02-23	$33.39	$35.00	30.9%	8.9%	16.0%	18.6%	20.3%	14.0%	4.6%	93.7K	-1.4M	-12.5K	0.88	114.69	33	29	1,874	359
2024-02-26	$32.92	$35.00	40.8%	11.7%	16.9%	29.3%	31.0%	5.8%	0.9%	86.8K	-1.1M	-11.7K	0.11	117.91	9	1	1,883	379
2024-02-27	$33.23	$35.00	21.7%	6.2%	16.7%	8.6%	20.1%	-4.5%	6.2%	109.4K	-1.2M	-11.9K	0.00	110.29	0	1	1,882	379
2024-02-28	$33.14	$35.00	39.1%	11.2%	16.8%	27.4%	0.0%	0.1%	9.7%	98.9K	-1.2M	-12.0K	0.00	113.50	0	0	1,882	379
2024-02-29	$33.03	$35.00	36.9%	10.6%	16.7%	25.0%	0.0%	-1.4%	-4.1%	123.7K	-1.2M	-11.5K	0.00	117.47	0	0	1,882	379