AIA Options History — March 2021

In March 2021, AIA traded between $89.28 and $97.56. ATM implied volatility averaged 25.4%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded below realized volatility by 2.2% (HV 20d: 27.6%). Max pain ranged from $100.00 to $100.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.30.

Notable Days

  • 2021-03-17: Highest Volume — 200 contracts
  • 2021-03-22: Largest IV spike — 32.7% change
  • 2021-03-04: Highest IV Rank — 15.7%
  • 2021-03-03: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$93.43$89.28$97.56$97.56$92.23
Max Pain$100.00$100.00$100.00$100.00$100.00
ATM IV25.4%18.7%34.9%28.9%21.4%
Expected Move6.9%5.4%9.2%8.3%6.1%
HV 20d27.6%20.6%31.4%23.9%29.4%
HV 60d25.6%22.5%27.5%22.5%27.0%
IV Rank8.6%3.6%15.7%11.2%5.6%
IV Percentile39.2%6.3%74.6%60.3%17.1%
Term Structure-1.0%-4.4%4.2%-4.4%-0.0%
VWIV27.6%27.6%27.6%27.6%27.6%
Skew 25d4.2%-4.8%10.2%3.5%6.0%
Skew 10d4.2%-4.4%9.6%2.4%2.5%
Call IV 25d21.8%15.4%30.9%30.2%19.0%
Put IV 25d26.0%17.3%34.8%33.6%25.0%
Bid-Ask Spread %143.85121.48165.90153.77144.90
Gamma HHI0.360.250.510.440.35
Net GEX-123.5K-244.9K-36.3K-244.9K-84.5K
Net DEX2.1M464.5K3.5M2.1M911.5K
Net VEX-7.6K-9.4K-6.0K-8.8K-8.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.001.501.500.00
Total Volume18.652020010
Total OI572.826323710695426

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$97.56$100.0028.9%8.3%23.9%11.2%0.0%3.5%-4.4%-244.9K2.1M-8.8K0.00153.77N/AN/A01109586
2021-03-02$96.03$100.0028.4%8.2%21.6%10.9%27.6%10.2%-3.8%-203.3K2.5M-9.1K1.50145.28N/AN/A46109587
2021-03-03$95.81$100.0032.0%9.2%20.6%13.5%0.0%9.4%-3.7%-216.5K2.4M-9.4K0.00145.60N/AN/A60113587
2021-03-04$93.51$100.0034.9%7.4%22.1%15.7%0.0%-0.8%-0.2%-142.4K3.3M-7.6K0.00156.81N/AN/A04119587
2021-03-05$94.97$100.0028.9%6.4%22.9%11.2%0.0%4.2%-0.2%-185.2K3.0M-8.3K0.00146.24N/AN/A00119591
2021-03-08$92.25$100.0033.5%7.4%24.4%14.6%0.0%2.3%-1.7%-110.1K3.5M-7.4K0.00121.48N/AN/A40119591
2021-03-09$94.40$100.0027.3%6.6%26.1%10.0%0.0%5.3%-0.2%-163.6K3.2M-7.8K0.00128.88N/AN/A00119591
2021-03-10$92.80$100.0024.4%7.0%26.2%7.9%0.0%3.8%-1.6%-152.6K3.2M-7.8K0.00124.52N/AN/A00119591
2021-03-11$96.27$100.0025.6%7.3%29.8%8.7%0.0%2.1%-0.8%-206.6K2.4M-8.5K0.00161.13N/AN/A0100119591
2021-03-12$93.85$100.0023.7%6.8%30.0%7.3%0.0%7.7%-1.1%-148.1K2.9M-7.4K0.00134.43N/AN/A00119559
2021-03-15$94.31$100.0025.5%7.3%30.1%8.7%0.0%9.6%1.5%-161.2K2.8M-7.4K0.00156.69N/AN/A00119559
2021-03-16$94.51$100.0022.8%6.5%30.1%6.7%0.0%7.8%-1.5%-107.1K3.0M-6.6K0.00139.39N/AN/A10119559
2021-03-17$94.47$100.0026.2%7.5%30.1%9.2%0.0%7.1%-2.1%-168.8K2.7M-7.1K0.00155.29N/AN/A0200119559
2021-03-18$93.06$100.0023.1%6.6%30.1%6.9%0.0%4.3%-0.6%-102.3K2.0M-6.6K0.00139.79N/AN/A00119440
2021-03-19$93.51$100.0021.7%6.2%29.9%5.8%0.0%7.0%-1.2%-36.3K1.9M-6.3K0.00138.52N/AN/A00119440
2021-03-22$93.57$100.0028.8%8.3%28.5%11.1%0.0%1.0%-2.9%-37.0K464.5K-6.3K0.00165.90N/AN/A00101222
2021-03-23$91.63$100.0020.3%5.8%29.2%4.8%0.0%0.2%0.1%-44.7K616.0K-6.2K0.00144.44N/AN/A10101222
2021-03-24$89.28$100.0024.8%7.1%30.2%8.2%0.0%6.4%0.6%-41.6K760.2K-6.2K0.00133.15N/AN/A00102222
2021-03-25$89.68$100.0020.7%5.9%29.9%5.1%0.0%-1.5%-2.7%-47.4K807.2K-6.0K0.00143.40N/AN/A0102102222
2021-03-26$91.92$100.0018.7%5.4%31.4%3.6%0.0%-0.4%4.2%-82.6K995.5K-8.5K0.00143.01N/AN/A00102324
2021-03-29$91.43$100.0020.6%5.9%29.6%5.0%0.0%-4.8%2.3%-75.3K1.0M-8.7K0.00140.55N/AN/A00102324
2021-03-30$91.91$100.0022.8%6.5%29.3%6.7%0.0%5.8%-2.1%-79.5K964.9K-8.5K0.00145.48N/AN/A00102324
2021-03-31$92.23$100.0021.4%6.1%29.4%5.6%0.0%6.0%-0.0%-84.5K911.5K-8.4K0.00144.90N/AN/A00102324