AIA Options History — December 2018

In December 2018, AIA traded between $54.22 and $59.47. ATM implied volatility averaged 26.7%. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 5.6% (HV 20d: 21.2%). Max pain ranged from $56.00 to $58.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.07.

Notable Days

  • 2018-12-14: Highest Volume — 14 contracts
  • 2018-12-12: Largest IV drop — 27.5% change
  • 2018-12-26: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.16$54.22$59.47$59.47$55.20
Max Pain$57.68$56.00$58.00$56.00$58.00
ATM IV26.7%20.1%32.7%24.4%26.2%
Expected Move7.4%5.8%9.1%7.0%7.5%
HV 20d21.2%20.6%22.2%22.2%20.6%
Term Structure0.0%-4.9%3.9%0.5%-0.8%
VWIV22.6%19.6%28.0%23.5%28.0%
Skew 25d3.0%-0.7%10.2%6.4%2.1%
Skew 10d2.7%-3.7%12.8%12.8%-1.2%
Call IV 25d23.0%14.2%32.6%20.1%24.9%
Put IV 25d25.9%20.0%32.0%26.5%27.0%
Bid-Ask Spread %132.27107.32168.13111.97146.90
Gamma HHI0.440.281.000.590.28
Net GEX275-340598320456
Net DEX-10.1K-17.3K-101-9.9K-15.8K
Net VEX-63-104-12-12-96
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.100.000.08
Total Volume301400
Total OI5.851929

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$59.47$56.0024.4%7.0%0.0%0.0%0.0%6.4%0.5%320-9.9K-120.00111.97N/AN/A0020
2018-12-04$58.27$56.0024.6%7.0%0.0%0.0%0.0%3.0%-0.2%434-9.1K-140.00110.23N/AN/A0020
2018-12-05$58.21$56.0025.0%7.2%0.0%0.0%0.0%1.2%-1.8%470-9.1K-140.00109.85N/AN/A0020
2018-12-06$57.19$0.0025.8%6.8%0.0%0.0%23.5%7.4%-0.5%138-4.2K-120.00108.51N/AN/A0110
2018-12-07$56.83$58.0026.7%6.8%0.0%0.0%23.1%3.1%0.6%276-4.1K-240.00119.96N/AN/A0121
2018-12-10$56.28$58.0030.7%6.9%0.0%0.0%0.0%5.0%1.2%-145-101-190.00128.64N/AN/A0011
2018-12-11$56.56$58.0032.7%6.6%0.0%0.0%19.6%5.8%1.2%-164-182-180.00123.68N/AN/A8011
2018-12-12$57.48$58.0023.7%6.8%0.0%0.0%21.5%0.5%-0.1%-209-995-180.10129.83N/AN/A10111
2018-12-13$57.33$58.0020.1%5.8%0.0%0.0%22.4%4.0%2.8%-340-3.6K-550.10107.32N/AN/A10132
2018-12-14$56.25$58.0024.3%7.0%0.0%0.0%20.3%1.0%1.3%44-6.4K-680.08134.47N/AN/A13142
2018-12-17$55.77$58.0024.7%7.1%0.0%0.0%0.0%4.4%1.1%431-17.3K-1020.00124.69N/AN/A0072
2018-12-18$55.27$58.0026.5%7.6%0.0%0.0%0.0%3.5%-0.5%416-16.0K-1040.00128.72N/AN/A0072
2018-12-19$54.22$58.0031.5%9.0%0.0%0.0%0.0%-0.6%-4.9%598-13.9K-1030.00168.13N/AN/A0072
2018-12-20$54.66$58.0027.6%7.9%22.2%0.0%0.0%0.0%-1.9%440-14.8K-1030.00155.80N/AN/A0072
2018-12-21$54.57$58.0025.4%7.3%21.5%0.0%0.0%1.0%1.0%431-15.1K-1020.00149.54N/AN/A0072
2018-12-24$54.23$58.0027.8%8.0%20.8%0.0%28.0%1.6%3.9%471-13.9K-1010.08146.15N/AN/A13172
2018-12-26$55.12$58.0031.7%9.1%21.6%0.0%0.0%10.2%-0.0%502-15.8K-1000.00145.49N/AN/A0072
2018-12-27$54.98$58.0026.8%7.7%21.0%0.0%0.0%0.5%-0.2%512-14.5K-980.00135.83N/AN/A0072
2018-12-28$55.28$58.0028.9%8.3%20.6%0.0%0.0%-0.7%-2.1%422-16.9K-970.00159.71N/AN/A0072
2018-12-31$55.20$58.0026.2%7.5%20.6%0.0%0.0%2.1%-0.8%456-15.8K-960.00146.90N/AN/A0072