OGE Options History — April 2024

In April 2024, OGE traded between $32.61 and $34.61. ATM implied volatility averaged 35.8%, placing in the 25.1% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 18.0% (HV 20d: 17.9%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.57.

Notable Days

  • 2024-04-22: Highest Volume — 1,193 contracts
  • 2024-04-08: Largest IV spike — 233.6% change
  • 2024-04-09: Highest IV Rank — 44.0%
  • 2024-04-30: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.82$32.61$34.61$34.36$34.61
Max Pain$34.32$30.00$35.00$30.00$35.00
ATM IV35.8%11.0%53.8%16.9%50.7%
Expected Move10.4%4.8%14.5%4.8%14.5%
HV 20d17.9%15.4%20.2%17.3%20.2%
HV 60d17.5%16.5%18.0%18.0%17.6%
IV Rank25.1%0.0%44.0%3.2%40.8%
IV Percentile70.7%0.0%92.5%8.3%90.5%
Term Structure-3.3%-17.0%14.1%14.1%1.0%
VWIV25.2%12.9%33.9%13.6%27.0%
Skew 25d26.1%-4.8%89.8%38.4%89.8%
Skew 10d33.2%-18.0%108.0%-18.0%108.0%
Call IV 25d27.1%13.2%43.7%16.7%25.1%
Put IV 25d53.2%27.1%115.0%55.1%115.0%
Bid-Ask Spread %106.5987.83122.4794.94115.58
Gamma HHI0.610.470.800.760.54
Net GEX133.7K58.4K191.7K171.4K142.2K
Net DEX-1.6M-2.1M-662.6K-1.7M-1.7M
Net VEX-12.9K-16.3K-10.7K-11.7K-16.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.0015.710.250.00
Total Volume143.45501,19355
Total OI2,693.5452,2963,2142,4283,214

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$34.36$30.0016.9%4.8%17.3%3.2%13.6%38.4%14.1%171.4K-1.7M-11.7K0.2594.94411,628800
2024-04-02$34.50$30.0035.6%10.2%15.8%23.1%20.3%44.9%5.2%176.3K-2.0M-12.2K0.0087.834001,631801
2024-04-03$34.39$30.0039.3%11.3%15.8%27.0%23.9%23.3%1.2%163.5K-1.9M-12.5K0.00102.809401,663801
2024-04-04$34.14$35.0023.3%9.5%15.4%10.0%0.0%22.9%-12.9%191.7K-1.8M-11.8K0.77110.1126201,742801
2024-04-05$33.75$35.0011.0%8.6%15.9%0.0%12.9%16.4%-1.4%188.2K-1.8M-12.7K6.33112.60402531,773827
2024-04-08$34.05$35.0036.6%9.2%15.9%26.3%29.2%6.0%-11.6%155.0K-2.0M-13.1K0.00103.673901,7841,077
2024-04-09$34.20$35.0053.8%10.3%15.8%44.0%0.0%43.3%-1.9%163.2K-2.1M-13.5K15.71115.08142201,8211,077
2024-04-10$33.09$35.0036.0%10.3%19.6%25.7%28.8%1.0%-1.8%120.1K-1.7M-12.9K1.18117.1922261,809858
2024-04-11$33.16$35.0035.2%10.1%19.4%24.9%24.9%1.6%-5.3%103.6K-1.6M-13.2K2.00105.21121,811833
2024-04-12$32.97$35.0034.8%10.0%17.6%24.5%0.0%2.0%-8.2%130.7K-1.6M-12.2K0.00106.64001,810834
2024-04-15$32.86$35.0026.2%7.5%17.0%15.6%26.2%3.2%-3.8%68.0K-1.5M-13.0K0.0295.3516731,810834
2024-04-16$32.61$35.0035.9%10.3%17.1%25.6%27.1%-4.8%-4.2%58.4K-1.1M-11.0K0.40122.47521,675833
2024-04-17$32.98$35.0036.9%10.6%17.2%26.7%0.0%4.4%-4.0%82.1K-1.2M-11.0K1.50115.23691,678815
2024-04-18$33.14$35.0036.7%10.5%16.8%26.4%0.0%5.0%-2.0%115.3K-1.4M-10.7K0.00115.8303401,684807
2024-04-19$34.08$35.0019.7%5.6%19.6%8.9%21.2%26.9%3.2%131.2K-1.6M-12.2K0.01101.7118611,6841,023
2024-04-22$34.08$35.0042.0%12.1%19.6%31.9%26.6%37.8%-2.6%174.6K-2.0M-12.1K2.73100.973208731,793503
2024-04-23$33.95$35.0041.8%12.0%19.6%31.6%32.1%67.2%-9.5%113.6K-1.2M-11.1K0.00120.28701,5131,302
2024-04-24$34.25$35.0040.1%11.5%19.6%29.9%0.0%30.5%-17.0%126.0K-954.4K-14.1K0.0195.0012511,5201,302
2024-04-25$34.45$35.0044.0%12.6%18.9%33.9%30.5%37.8%-2.2%114.3K-1.2M-14.9K0.50106.60421,6441,301
2024-04-26$33.94$35.0041.9%12.0%19.2%31.8%0.0%34.2%-0.8%88.0K-662.6K-15.5K0.0097.4424601,6481,301
2024-04-29$34.52$35.0049.9%14.3%20.2%39.9%33.9%42.5%-8.7%164.6K-1.8M-15.5K0.04102.555021,8921,301
2024-04-30$34.61$35.0050.7%14.5%20.2%40.8%27.0%89.8%1.0%142.2K-1.7M-16.3K0.00115.58501,9131,301