OGE Options History — November 2024

In November 2024, OGE traded between $39.72 and $44.14. ATM implied volatility averaged 46.5%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 25.5% (HV 20d: 21.0%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.47.

Notable Days

2024-11-08: Highest Volume — 63 contracts
2024-11-25: Largest IV spike — 144.2% change
2024-11-12: Highest IV Rank — 100.0%
2024-11-01: Largest Expected Move — 23.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.78	$39.72	$44.14	$39.72	$44.14
Max Pain	$37.75	$35.00	$40.00	$40.00	$40.00
ATM IV	46.5%	12.4%	152.1%	80.8%	13.2%
Expected Move	7.6%	3.5%	23.2%	23.2%	3.8%
HV 20d	21.0%	13.2%	24.4%	15.3%	22.1%
HV 60d	16.2%	12.8%	17.7%	12.8%	17.5%
IV Rank	32.6%	1.4%	100.0%	71.8%	2.0%
IV Percentile	48.0%	0.8%	100.0%	96.8%	2.0%
Term Structure	5.5%	-66.1%	25.5%	-66.1%	25.0%
VWIV	21.6%	12.7%	54.8%	23.4%	22.9%
Skew 25d	18.2%	-36.8%	130.5%	-36.8%	-4.4%
Skew 10d	10.0%	-28.7%	155.4%	-5.8%	-11.5%
Call IV 25d	20.5%	8.7%	107.7%	107.7%	19.6%
Put IV 25d	38.7%	14.4%	151.2%	70.9%	15.3%
Bid-Ask Spread %	111.10	97.24	124.16	124.16	113.20
Gamma HHI	0.55	0.46	0.72	0.72	0.67
Net GEX	161.6K	116.8K	180.9K	174.2K	180.9K
Net DEX	-4.2M	-5.2M	-2.0M	-2.4M	-5.2M
Net VEX	-7.0K	-10.7K	-4.3K	-10.7K	-4.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.00	4.00	4.00	0.00
Total Volume	20.75	0	63	10	9
Total OI	2,092.4	2,020	2,166	2,020	2,166

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
2024-11-01	$39.72	$40.00	80.8%	23.2%	15.3%	71.8%	0.0%	-36.8%	-66.1%	174.2K	-2.4M	-10.7K	4.00	124.16	2	8	1,414	606
2024-11-04	$39.84	$35.00	72.1%	9.0%	13.2%	63.0%	0.0%	8.0%	-7.7%	124.1K	-2.0M	-9.8K	0.00	119.32	0	3	1,414	614
2024-11-05	$40.83	$35.00	90.9%	10.0%	15.8%	82.1%	23.4%	30.5%	-3.6%	165.7K	-2.9M	-9.6K	0.00	113.35	9	0	1,414	615
2024-11-06	$42.17	$35.00	60.3%	9.6%	19.3%	50.9%	22.1%	35.0%	-1.6%	168.0K	-3.8M	-8.5K	0.00	115.94	30	0	1,421	615
2024-11-07	$42.42	$35.00	51.3%	4.6%	18.9%	41.8%	20.1%	5.7%	-1.1%	180.4K	-4.1M	-8.0K	0.00	116.10	3	0	1,449	615
2024-11-08	$42.84	$35.00	78.0%	6.6%	19.0%	69.0%	12.7%	3.4%	1.0%	176.5K	-4.4M	-6.7K	0.02	111.94	62	1	1,449	615
2024-11-11	$43.70	$35.00	87.9%	7.2%	19.8%	79.1%	13.7%	2.4%	1.6%	159.7K	-4.9M	-5.7K	0.00	111.15	37	0	1,463	616
2024-11-12	$43.58	$35.00	152.1%	7.5%	19.8%	100.0%	54.8%	130.5%	-0.5%	116.8K	-4.9M	-5.0K	0.00	113.31	23	0	1,473	616
2024-11-13	$43.05	$35.00	22.3%	6.4%	20.5%	8.4%	0.0%	6.8%	4.5%	176.0K	-4.5M	-6.8K	0.00	116.60	10	0	1,468	616
2024-11-14	$41.78	$35.00	21.8%	6.2%	23.3%	8.0%	21.8%	8.4%	8.9%	170.0K	-3.5M	-9.4K	0.97	112.57	30	29	1,478	616
2024-11-15	$42.80	$40.00	26.1%	7.5%	24.4%	11.1%	20.1%	7.3%	18.6%	147.4K	-4.0M	-8.7K	0.00	110.17	14	0	1,462	642
2024-11-18	$43.04	$40.00	24.3%	7.0%	24.2%	9.8%	23.2%	10.8%	17.9%	166.6K	-4.4M	-7.3K	3.50	105.40	2	7	1,458	639
2024-11-19	$43.13	$40.00	24.1%	6.9%	24.1%	9.6%	0.0%	13.8%	3.6%	162.0K	-4.3M	-7.4K	0.00	106.89	4	0	1,458	646
2024-11-20	$43.14	$40.00	27.5%	7.9%	24.1%	12.0%	0.0%	11.9%	25.0%	166.9K	-4.6M	-6.1K	0.00	97.24	7	0	1,462	646
2024-11-21	$43.67	$40.00	28.9%	8.3%	24.4%	13.0%	0.0%	122.8%	13.8%	136.2K	-4.9M	-4.3K	0.05	110.63	20	1	1,469	646
2024-11-22	$43.76	$40.00	12.9%	3.7%	23.7%	1.8%	14.8%	5.0%	24.2%	152.6K	-4.8M	-5.9K	0.00	102.57	16	0	1,479	647
2024-11-25	$43.78	$40.00	31.4%	9.0%	23.7%	14.9%	17.4%	6.6%	23.0%	153.9K	-4.8M	-5.8K	0.00	110.72	58	0	1,474	647
2024-11-26	$44.02	$40.00	12.8%	3.7%	22.4%	1.7%	0.0%	-1.8%	25.5%	176.7K	-5.1M	-4.8K	0.00	104.12	0	0	1,513	647
2024-11-27	$44.13	$40.00	12.4%	3.5%	22.1%	1.4%	13.3%	-2.3%	-2.4%	178.0K	-5.1M	-5.4K	0.00	106.61	30	0	1,513	647
2024-11-29	$44.14	$40.00	13.2%	3.8%	22.1%	2.0%	22.9%	-4.4%	25.0%	180.9K	-5.2M	-4.5K	0.00	113.20	9	0	1,519	647