OGE Options History — August 2024

In August 2024, OGE traded between $38.50 and $39.75. ATM implied volatility averaged 47.3%, placing in the 37.3% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 29.1% (HV 20d: 18.3%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.74.

Notable Days

  • 2024-08-07: Highest Volume — 106 contracts
  • 2024-08-07: Largest IV spike — 121.2% change
  • 2024-08-13: Highest IV Rank — 84.4%
  • 2024-08-01: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.31$38.50$39.75$39.75$39.52
Max Pain$35.45$35.00$40.00$40.00$35.00
ATM IV47.3%17.7%93.2%74.7%42.5%
Expected Move9.2%2.7%21.4%21.4%12.2%
HV 20d18.3%15.2%21.7%18.2%15.4%
HV 60d17.4%15.6%18.3%16.7%15.6%
IV Rank37.3%6.9%84.4%65.4%32.4%
IV Percentile67.3%9.9%98.4%96.8%74.2%
Term Structure5.9%-67.8%30.4%-37.0%11.0%
VWIV24.4%13.4%68.4%26.4%68.4%
Skew 25d19.6%-12.5%86.5%6.1%42.4%
Skew 10d19.9%-0.2%114.4%4.7%56.4%
Call IV 25d19.2%9.9%42.5%35.3%29.0%
Put IV 25d38.9%15.7%109.1%41.4%71.4%
Bid-Ask Spread %106.7676.24127.51127.5184.59
Gamma HHI0.690.430.890.430.88
Net GEX203.2K129.4K253.1K129.4K197.0K
Net DEX-5.0M-5.3M-4.4M-4.9M-5.0M
Net VEX-11.4K-14.8K-9.4K-14.8K-9.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.740.005.000.000.00
Total Volume15.4550106330
Total OI3,353.5453,2553,4083,2623,403

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$39.75$40.0074.7%21.4%18.2%65.4%0.0%6.1%-37.0%129.4K-4.9M-14.8K0.00127.51301,9491,313
2024-08-02$39.72$40.0054.7%15.7%18.3%44.9%0.0%-12.5%-67.8%170.5K-5.1M-13.5K0.00122.76001,9521,313
2024-08-05$38.50$35.0089.8%7.4%21.4%81.0%26.4%10.3%17.2%163.9K-4.4M-13.7K0.00123.400121,9521,313
2024-08-06$39.03$35.0028.8%7.9%21.6%18.3%0.0%43.2%9.4%166.1K-4.6M-13.9K0.80106.81541,9521,303
2024-08-07$39.49$35.0063.7%4.5%21.7%54.1%19.1%17.5%5.8%183.3K-5.1M-11.5K0.00106.6410601,9551,307
2024-08-08$39.16$35.0062.1%2.7%20.0%52.5%0.0%35.9%13.6%221.4K-5.0M-10.7K0.63120.9016102,0581,307
2024-08-09$39.22$35.0066.4%7.4%20.0%56.9%0.0%18.9%7.9%196.0K-4.8M-13.0K5.00119.562102,0581,317
2024-08-12$38.97$35.0080.5%8.8%18.6%71.4%0.0%86.5%-10.0%159.7K-4.8M-10.4K0.00113.20002,0601,327
2024-08-13$39.22$35.0093.2%3.8%18.0%84.4%13.4%1.6%-7.2%221.2K-5.3M-11.0K0.00110.80202,0601,327
2024-08-14$39.30$35.0017.7%5.1%17.8%6.9%0.0%2.8%-6.8%219.8K-5.0M-11.8K0.00112.580302,0621,327
2024-08-15$39.03$35.0023.1%6.6%17.9%12.5%14.2%-3.8%8.6%215.1K-4.6M-12.7K4.00115.19142,0621,326
2024-08-16$39.39$35.0030.6%8.8%18.0%20.2%0.0%20.4%26.7%212.3K-5.2M-10.8K0.00112.23002,0631,326
2024-08-19$39.30$35.0032.6%9.3%17.8%22.2%16.6%14.6%27.7%236.6K-5.0M-10.1K0.0076.24802,0311,314
2024-08-20$39.23$35.0033.3%9.5%17.9%22.9%20.4%42.0%-1.5%169.5K-5.0M-10.3K0.0084.681402,0351,314
2024-08-21$39.45$35.0040.5%11.6%17.3%30.3%0.0%7.1%-14.2%210.3K-4.8M-11.3K0.00103.292002,0411,314
2024-08-22$39.52$35.0034.9%10.0%17.3%24.6%0.0%12.9%25.8%219.6K-5.3M-10.6K0.00101.74002,0571,314
2024-08-23$39.55$35.0034.8%10.0%17.3%24.5%36.4%16.9%27.2%214.1K-5.2M-10.5K0.0091.881602,0571,314
2024-08-26$39.69$35.0037.5%10.7%17.3%27.2%0.0%16.2%23.7%238.0K-5.2M-10.0K0.00108.970302,0631,314
2024-08-27$39.30$35.0032.9%9.4%17.4%22.5%13.7%13.6%30.3%253.1K-4.9M-9.6K0.00107.40102,0631,345
2024-08-28$39.30$35.0033.6%9.6%17.4%23.2%14.9%18.2%30.4%244.3K-5.0M-10.1K0.0099.251602,0621,345
2024-08-29$39.23$35.0033.2%9.5%15.2%22.8%0.0%21.1%9.5%229.3K-4.8M-11.1K0.0099.02002,0581,345
2024-08-30$39.52$35.0042.5%12.2%15.4%32.4%68.4%42.4%11.0%197.0K-5.0M-9.4K0.0084.593002,0581,345