OGE Options History — July 2024

In July 2024, OGE traded between $35.06 and $38.84. ATM implied volatility averaged 43.5%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 27.4% (HV 20d: 16.1%). Max pain ranged from $35.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2024-07-30: Highest Volume — 324 contracts
  • 2024-07-08: Largest IV spike — 230.2% change
  • 2024-07-08: Highest IV Rank — 86.5%
  • 2024-07-30: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.83$35.06$38.84$35.33$38.84
Max Pain$41.14$35.00$45.00$35.00$40.00
ATM IV43.5%24.8%95.2%24.8%26.9%
Expected Move11.5%7.1%20.5%7.1%7.7%
HV 20d16.1%11.2%18.8%14.4%17.0%
HV 60d16.9%16.1%17.8%17.5%16.3%
IV Rank33.4%14.2%86.5%14.2%16.3%
IV Percentile69.7%42.9%98.8%43.7%42.9%
Term Structure-20.0%-53.7%12.8%12.8%-17.4%
VWIV36.9%8.6%74.4%62.3%8.6%
Skew 25d8.3%-30.0%86.4%86.4%-1.9%
Skew 10d24.8%-2.8%162.3%162.3%-2.8%
Call IV 25d29.9%9.5%62.2%28.0%27.3%
Put IV 25d38.2%20.8%114.3%114.3%25.3%
Bid-Ask Spread %127.18120.63134.41121.52120.63
Gamma HHI0.430.360.650.390.49
Net GEX133.3K73.8K242.4K82.7K194.3K
Net DEX-2.6M-4.2M-1.3M-1.7M-4.2M
Net VEX-10.5K-13.5K-7.8K-11.9K-13.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.0016.670.000.00
Total Volume42.136032401
Total OI2,816.4092,6653,2592,6653,259

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$35.33$35.0024.8%7.1%14.4%14.2%0.0%86.4%12.8%82.7K-1.7M-11.9K0.00121.52001,4241,241
2024-07-02$35.39$35.0047.3%13.5%14.3%37.2%0.0%-9.7%-39.3%76.7K-1.7M-12.4K0.00121.93401,4241,241
2024-07-03$35.53$35.0048.4%13.9%13.5%38.4%0.0%-19.3%-32.1%166.6K-1.9M-8.1K0.25121.913691,4281,241
2024-07-05$35.59$35.0028.8%14.5%11.2%18.3%62.3%46.9%-12.5%98.4K-1.8M-11.7K16.67125.353501,4601,250
2024-07-08$35.06$45.0095.2%15.2%12.0%86.5%0.0%54.4%-21.6%73.8K-1.3M-12.8K0.00129.11101,4631,300
2024-07-09$35.25$45.0092.9%10.6%12.2%84.2%0.0%21.9%1.1%97.9K-1.5M-11.2K0.00129.21101,4641,300
2024-07-10$35.55$45.0040.4%11.6%12.5%30.2%0.0%10.1%-26.2%112.3K-1.9M-11.2K0.00128.56701,4651,300
2024-07-11$36.66$45.0053.1%15.2%16.4%43.3%0.0%40.9%-21.2%141.4K-2.5M-9.4K1.50134.26461,4721,300
2024-07-12$36.84$45.0037.3%10.7%16.0%27.0%0.0%9.4%-16.2%105.5K-2.2M-11.3K0.00125.922301,4741,298
2024-07-15$36.16$45.0030.6%8.8%17.6%20.2%0.0%-3.3%-28.5%121.5K-2.1M-10.4K0.88129.64871,4971,298
2024-07-16$36.77$45.0031.5%9.0%18.3%21.0%27.9%-4.9%-19.8%96.2K-2.2M-12.2K0.00125.30501,5031,303
2024-07-17$37.19$45.0033.0%9.5%18.4%22.6%0.0%4.4%-16.2%110.5K-2.5M-12.3K1.85134.4113241,5081,303
2024-07-18$37.03$45.0032.0%9.2%18.5%21.6%11.2%4.9%-24.5%165.1K-3.0M-8.1K0.08129.962621,5191,327
2024-07-19$36.95$40.0028.6%8.2%18.6%18.1%0.0%-9.0%-20.4%133.4K-2.6M-10.3K0.05133.972011,5391,327
2024-07-22$37.36$40.0035.1%10.1%18.8%24.8%74.4%-30.0%-27.7%128.2K-2.6M-11.2K0.00122.806801,5221,303
2024-07-23$37.36$40.0036.1%10.4%18.4%25.8%0.0%-18.1%-29.2%162.0K-3.0M-8.5K0.00127.356001,5101,303
2024-07-24$37.91$40.0029.6%8.5%17.6%19.1%8.6%18.7%8.4%139.0K-3.3M-9.9K0.00130.496301,5321,303
2024-07-25$38.09$40.0042.2%12.1%17.5%32.0%0.0%-2.6%-24.4%152.9K-3.4M-10.2K0.10121.202931,5661,303
2024-07-26$38.28$40.0047.3%13.6%17.4%37.3%0.0%-2.4%-21.9%163.8K-3.5M-8.7K0.00130.392901,5551,303
2024-07-29$38.36$40.0044.0%12.6%17.4%34.0%0.0%5.7%-9.6%167.1K-3.6M-8.6K0.00125.9210001,5841,303
2024-07-30$38.80$40.0071.5%20.5%17.0%62.1%0.0%-19.6%-53.7%242.4K-4.1M-7.8K0.03128.08314101,6431,303
2024-07-31$38.84$40.0026.9%7.7%17.0%16.3%0.0%-1.9%-17.4%194.3K-4.2M-13.5K0.00120.63101,9461,313