OGE Options History — March 2024

In March 2024, OGE traded between $32.81 and $34.34. ATM implied volatility averaged 41.3%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 24.3% (HV 20d: 17.0%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.88.

Notable Days

2024-03-06: Highest Volume — 534 contracts
2024-03-07: Largest IV spike — 279.8% change
2024-03-12: Highest IV Rank — 100.0%
2024-03-28: Largest Expected Move — 11.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.72	$32.81	$34.34	$32.81	$34.34
Max Pain	$30.25	$30.00	$35.00	$35.00	$30.00
ATM IV	41.3%	15.2%	108.4%	37.9%	39.9%
Expected Move	8.5%	4.5%	11.4%	10.9%	11.4%
HV 20d	17.0%	15.2%	18.0%	16.0%	17.6%
HV 60d	18.3%	17.7%	19.4%	18.6%	18.0%
IV Rank	29.4%	1.6%	100.0%	26.1%	27.6%
IV Percentile	71.1%	2.0%	100.0%	84.9%	86.1%
Term Structure	0.1%	-11.8%	18.7%	-4.0%	6.7%
VWIV	24.0%	17.2%	30.4%	25.4%	17.2%
Skew 25d	20.4%	-0.5%	54.5%	-0.5%	39.7%
Skew 10d	29.0%	-1.0%	76.6%	3.0%	40.0%
Call IV 25d	27.3%	10.8%	41.6%	32.5%	23.8%
Put IV 25d	47.7%	20.0%	86.1%	32.0%	63.5%
Bid-Ask Spread %	94.69	67.10	121.63	120.06	96.41
Gamma HHI	0.67	0.47	0.76	0.64	0.70
Net GEX	121.0K	43.7K	167.9K	93.3K	167.9K
Net DEX	-1.4M	-1.9M	-1.1M	-1.1M	-1.7M
Net VEX	-11.8K	-12.7K	-10.8K	-11.3K	-11.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.88	0.00	24.43	0.32	0.57
Total Volume	53.15	0	534	79	11
Total OI	2,517.6	2,220	2,884	2,261	2,417

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
2024-03-01	$32.81	$35.00	37.9%	10.9%	16.0%	26.1%	25.4%	-0.5%	-4.0%	93.3K	-1.1M	-11.3K	0.32	120.06	60	19	1,882	379
2024-03-04	$33.53	$30.00	47.7%	8.0%	17.6%	36.9%	0.0%	29.9%	-2.1%	114.1K	-1.3M	-11.8K	0.06	105.93	17	1	1,939	384
2024-03-05	$33.47	$30.00	52.1%	8.5%	16.2%	41.6%	30.4%	28.1%	-9.9%	127.5K	-1.3M	-12.1K	0.03	121.63	39	1	1,939	384
2024-03-06	$33.91	$30.00	15.2%	5.4%	16.6%	1.6%	29.5%	8.2%	3.4%	138.9K	-1.6M	-12.6K	24.43	112.67	21	513	1,949	385
2024-03-07	$34.09	$30.00	57.9%	8.3%	16.6%	47.9%	0.0%	18.1%	-5.6%	135.3K	-1.6M	-12.0K	0.25	95.29	12	3	1,961	889
2024-03-08	$33.80	$30.00	69.9%	7.9%	16.7%	61.0%	21.7%	21.5%	0.8%	120.2K	-1.5M	-12.3K	0.04	90.89	27	1	1,973	890
2024-03-11	$34.05	$30.00	75.3%	8.2%	16.7%	66.8%	0.0%	23.6%	-0.3%	134.4K	-1.7M	-12.7K	0.00	72.49	0	1	1,988	890
2024-03-12	$33.80	$30.00	108.4%	8.2%	16.9%	100.0%	0.0%	24.3%	3.5%	150.4K	-1.5M	-12.2K	0.00	88.42	1	0	1,988	891
2024-03-13	$34.00	$30.00	32.6%	9.3%	15.2%	19.9%	25.1%	24.2%	-6.8%	121.6K	-1.9M	-12.7K	0.57	86.66	14	8	1,987	891
2024-03-14	$33.19	$30.00	32.6%	9.3%	17.9%	19.9%	22.9%	3.7%	18.7%	43.7K	-1.2M	-11.8K	0.07	94.25	15	1	1,996	888
2024-03-15	$33.58	$30.00	21.5%	6.2%	17.7%	8.1%	0.0%	14.0%	4.8%	102.7K	-1.3M	-11.8K	0.00	79.15	7	0	1,991	889
2024-03-18	$33.67	$30.00	31.7%	9.1%	17.7%	18.9%	25.9%	11.0%	-7.0%	114.7K	-1.4M	-11.3K	0.00	67.10	84	0	1,486	734
2024-03-19	$34.03	$30.00	34.1%	9.8%	18.0%	21.5%	21.8%	54.5%	-11.8%	148.9K	-1.5M	-11.3K	0.00	96.31	42	0	1,551	734
2024-03-20	$33.59	$30.00	33.8%	9.7%	17.8%	21.1%	20.6%	13.2%	-2.0%	134.9K	-1.4M	-11.6K	0.02	109.02	53	1	1,542	734
2024-03-21	$33.66	$30.00	27.7%	7.9%	17.4%	14.7%	0.0%	21.6%	10.2%	91.5K	-1.1M	-11.3K	0.00	93.10	3	0	1,593	734
2024-03-22	$33.78	$30.00	15.9%	4.5%	17.3%	2.2%	0.0%	24.4%	-3.2%	144.6K	-1.3M	-10.8K	0.00	91.23	0	0	1,604	734
2024-03-25	$33.64	$30.00	35.5%	10.2%	16.5%	23.0%	26.4%	28.3%	-0.1%	131.3K	-1.4M	-11.2K	5.55	81.06	11	61	1,604	734
2024-03-26	$33.41	$30.00	22.9%	6.6%	16.4%	9.7%	0.0%	5.1%	8.5%	72.6K	-1.1M	-10.9K	0.00	94.92	0	0	1,604	795
2024-03-27	$33.95	$30.00	33.1%	9.5%	17.3%	20.4%	21.0%	14.4%	-2.5%	131.3K	-1.5M	-12.0K	0.03	97.27	35	1	1,604	795
2024-03-28	$34.34	$30.00	39.9%	11.4%	17.6%	27.6%	17.2%	39.7%	6.7%	167.9K	-1.7M	-11.6K	0.57	96.41	7	4	1,621	796