OGE Options History — October 2024

In October 2024, OGE traded between $39.64 and $41.22. ATM implied volatility averaged 50.1%, placing in the 40.6% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded above realized volatility by 35.8% (HV 20d: 14.3%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 19.52.

Notable Days

  • 2024-10-31: Highest Volume — 243 contracts
  • 2024-10-10: Largest IV spike — 99.6% change
  • 2024-10-04: Highest IV Rank — 65.1%
  • 2024-10-30: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.48$39.64$41.22$41.11$40.13
Max Pain$39.52$35.00$40.00$35.00$40.00
ATM IV50.1%23.0%74.1%45.9%64.1%
Expected Move13.6%4.9%19.8%13.1%18.4%
HV 20d14.3%13.5%16.1%13.8%15.1%
HV 60d14.6%12.8%15.8%15.7%12.8%
IV Rank40.6%12.8%65.1%36.2%54.8%
IV Percentile75.3%21.4%95.2%78.6%90.9%
Term Structure-23.9%-52.6%21.9%21.5%-38.7%
VWIV47.0%16.8%72.7%16.8%47.6%
Skew 25d32.2%-42.6%79.7%42.3%-42.6%
Skew 10d14.7%-52.7%117.6%-21.9%-52.7%
Call IV 25d28.2%14.2%101.7%14.2%98.3%
Put IV 25d60.4%27.2%107.9%56.5%55.6%
Bid-Ask Spread %126.44105.18133.38105.18123.50
Gamma HHI0.710.590.790.610.69
Net GEX166.9K135.3K206.7K141.2K168.4K
Net DEX-2.5M-3.0M-2.0M-2.8M-2.7M
Net VEX-10.0K-11.5K-8.5K-11.4K-9.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio19.520.00242.000.00242.00
Total Volume21.39102436243
Total OI1,758.5651,7061,8251,7061,799

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$41.11$35.0045.9%13.1%13.8%36.2%16.8%42.3%21.5%141.2K-2.8M-11.4K0.00105.18601,339367
2024-10-02$41.22$35.0047.0%13.5%13.5%37.4%0.0%46.2%21.9%135.3K-2.8M-11.5K0.00118.34001,343367
2024-10-03$40.95$0.0049.1%12.4%13.7%39.5%0.0%45.8%-25.6%150.3K-2.7M-11.1K0.00133.19001,343367
2024-10-04$40.64$0.0074.1%10.3%13.8%65.1%0.0%40.4%-9.5%172.1K-2.5M-10.3K15.00131.171151,343367
2024-10-07$39.75$40.0052.0%11.4%16.0%42.4%0.0%8.4%-19.3%148.7K-2.1M-10.7K0.08122.714841,342397
2024-10-08$39.89$40.0023.6%4.9%15.9%13.5%0.0%9.1%-2.3%168.1K-2.2M-10.6K0.00133.22001,369401
2024-10-09$39.95$40.0023.7%6.8%15.8%13.5%0.0%25.1%-9.1%172.0K-2.2M-10.3K4.00122.08141,369401
2024-10-10$39.64$40.0047.2%13.5%16.1%37.6%0.0%8.6%-30.4%160.6K-2.0M-10.4K0.00131.041001,368401
2024-10-11$39.83$40.0045.8%13.1%14.5%36.1%0.0%48.1%-26.5%181.4K-2.2M-10.1K0.00133.19201,361401
2024-10-14$40.20$40.0039.9%11.4%13.9%30.1%0.0%79.7%-11.1%137.7K-2.2M-10.2K0.00129.24501,363401
2024-10-15$40.59$40.0023.0%6.6%13.7%12.8%0.0%9.0%-4.0%184.6K-2.7M-9.6K0.00132.28301,359401
2024-10-16$40.97$40.0038.1%10.9%13.9%28.2%0.0%33.2%-15.4%187.4K-2.7M-9.2K0.00123.31101,362401
2024-10-17$40.66$40.0052.9%15.2%13.7%43.4%0.0%53.2%-29.4%167.0K-2.7M-10.0K0.00133.38001,363401
2024-10-18$41.11$40.0047.8%13.7%13.6%38.2%45.1%27.5%-32.2%167.2K-3.0M-9.8K0.00121.191201,363401
2024-10-21$40.78$40.0045.2%13.0%13.9%35.5%0.0%24.1%-37.6%149.1K-2.7M-10.3K0.00122.65001,356398
2024-10-22$40.75$40.0058.1%16.7%13.9%48.7%52.7%54.3%-37.4%153.7K-2.7M-10.1K0.00127.38301,356398
2024-10-23$40.91$40.0062.6%17.9%13.8%53.3%0.0%50.7%-33.9%157.0K-2.5M-9.4K0.00129.32501,359398
2024-10-24$40.91$40.0047.4%13.6%13.7%37.8%0.0%23.7%-40.4%195.2K-2.8M-8.6K0.13125.18811,362398
2024-10-25$40.41$40.0062.5%17.9%13.6%53.1%0.0%66.7%-40.6%182.0K-2.5M-9.4K0.00128.47001,362399
2024-10-28$40.70$40.0067.1%19.2%13.9%57.9%72.7%67.8%-48.3%206.7K-2.7M-8.5K0.07129.615441,362399
2024-10-29$40.03$40.0066.9%19.2%14.9%57.7%0.0%18.4%-48.4%174.7K-2.5M-9.7K0.00122.820101,412403
2024-10-30$39.80$40.0069.1%19.8%14.9%60.0%0.0%1.4%-52.6%177.6K-2.2M-9.3K51.00129.781511,412413
2024-10-31$40.13$40.0064.1%18.4%15.1%54.8%47.6%-42.6%-38.7%168.4K-2.7M-9.7K242.00123.5012421,413386