AIA Options History — March 2023

In March 2023, AIA traded between $56.87 and $62.22. ATM implied volatility averaged 49.4%, placing in the 31.8% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 25.2% (HV 20d: 24.2%). Max pain ranged from $60.00 to $69.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-03-30: Highest Volume — 13 contracts
  • 2023-03-14: Largest IV spike — 66.6% change
  • 2023-03-14: Highest IV Rank — 100.0%
  • 2023-03-03: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.47$56.87$62.22$60.11$61.75
Max Pain$62.25$60.00$69.00$69.00$60.00
ATM IV49.4%35.8%120.3%47.0%40.4%
Expected Move11.4%8.7%13.7%13.5%11.6%
HV 20d24.2%22.6%26.4%26.4%23.1%
HV 60d26.5%22.9%27.8%27.1%22.9%
IV Rank31.8%17.6%100.0%30.5%22.1%
IV Percentile66.2%36.9%100.0%73.0%54.0%
Term Structure-7.3%-23.7%9.3%-11.0%-7.5%
VWIV41.5%41.5%41.5%41.5%41.5%
Skew 25d21.9%-1.0%43.5%31.2%37.1%
Skew 10d32.4%-0.2%70.6%53.8%54.4%
Call IV 25d31.6%21.1%52.7%38.0%22.2%
Put IV 25d53.5%37.1%73.2%69.2%59.3%
Bid-Ask Spread %143.78127.42165.56153.06130.93
Gamma HHI0.410.350.450.410.45
Net GEX75.1K62.3K92.6K77.0K69.4K
Net DEX-1.1M-1.6M-598.1K-1.4M-1.6M
Net VEX-10.2K-11.9K-8.2K-11.8K-10.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.82601300
Total OI962.043956970965970

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$60.11$69.0047.0%13.5%26.4%30.5%0.0%31.2%-11.0%77.0K-1.4M-11.8K0.00153.06N/AN/A00747218
2023-03-02$60.64$69.0036.4%10.4%24.3%19.5%0.0%43.5%0.7%66.2K-1.3M-11.3K0.00151.88N/AN/A00747218
2023-03-03$60.87$69.0047.9%13.7%24.3%31.4%0.0%20.6%-3.6%67.7K-1.5M-11.6K0.00158.73N/AN/A00747218
2023-03-06$60.63$0.0053.3%9.9%23.8%37.1%0.0%19.8%2.1%78.7K-1.6M-11.9K0.00135.21N/AN/A00747218
2023-03-07$59.51$0.0050.1%9.6%23.8%33.7%0.0%12.3%-16.3%74.4K-1.2M-10.7K0.00141.94N/AN/A00747218
2023-03-08$59.25$0.0053.2%11.5%23.4%36.9%0.0%17.6%-16.4%81.0K-1.1M-10.8K0.00138.75N/AN/A00747218
2023-03-09$57.58$0.0062.8%8.7%25.0%46.9%0.0%-1.0%2.7%77.3K-735.2K-9.4K0.00137.72N/AN/A00747218
2023-03-10$57.30$0.0064.0%11.1%24.1%48.1%0.0%33.0%9.3%66.8K-634.9K-9.5K0.00142.41N/AN/A50747218
2023-03-13$58.07$0.0072.3%8.9%24.6%56.7%0.0%18.1%-11.6%62.3K-664.4K-8.2K0.00165.56N/AN/A00747218
2023-03-14$58.01$0.00120.3%13.1%23.9%100.0%0.0%19.2%-23.7%72.1K-890.3K-10.1K0.00144.87N/AN/A00747218
2023-03-15$56.87$0.0044.6%12.8%24.5%26.2%0.0%9.8%-7.5%67.2K-598.1K-8.8K0.00150.80N/AN/A00747218
2023-03-16$57.95$0.0037.0%10.6%25.0%18.9%0.0%17.9%-11.9%70.1K-669.3K-8.8K0.00157.92N/AN/A00747218
2023-03-17$57.67$0.0035.8%10.2%24.8%17.6%0.0%14.1%-7.8%69.6K-972.4K-10.1K0.00144.71N/AN/A00747218
2023-03-20$57.83$0.0040.1%11.5%24.3%21.9%41.5%17.8%-11.8%75.2K-744.5K-9.4K0.00130.53N/AN/A10738218
2023-03-21$58.62$60.0040.0%11.5%24.1%21.8%0.0%17.3%-0.5%88.2K-854.0K-9.7K0.00137.88N/AN/A00739218
2023-03-22$59.56$60.0037.5%10.7%24.7%19.3%0.0%22.1%-9.4%73.0K-1.1M-10.4K0.00153.01N/AN/A00739218
2023-03-23$60.59$60.0041.5%11.9%25.4%23.3%0.0%23.5%-17.9%83.5K-1.6M-11.1K0.00147.18N/AN/A00739218
2023-03-24$60.54$60.0045.5%13.0%22.6%27.1%0.0%19.3%-17.2%74.0K-1.2M-10.3K0.00142.74N/AN/A00739218
2023-03-27$59.63$60.0037.0%10.6%23.2%18.9%0.0%32.7%-8.6%91.9K-1.2M-10.1K0.00135.24N/AN/A00739218
2023-03-28$61.17$60.0042.9%12.3%24.7%24.6%0.0%24.4%3.8%92.6K-1.5M-10.4K0.00127.42N/AN/A00739218
2023-03-29$61.49$60.0046.2%13.2%22.7%27.8%0.0%36.4%3.2%73.5K-1.5M-10.2K0.00148.14N/AN/A00739218
2023-03-30$62.22$60.0039.9%11.4%22.9%21.6%0.0%18.2%-8.0%74.6K-1.6M-10.7K0.00130.39N/AN/A013739218
2023-03-31$61.75$60.0040.4%11.6%23.1%22.1%0.0%37.1%-7.5%69.4K-1.6M-10.4K0.00130.93N/AN/A00739231