AIA Options History — March 2025

In March 2025, AIA traded between $71.84 and $77.48. ATM implied volatility averaged 29.3%, placing in the 25.6% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 0.3% (HV 20d: 29.6%). Max pain ranged from $70.00 to $73.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-03-04: Highest Volume — 13 contracts
  • 2025-03-31: Largest IV spike — 110.9% change
  • 2025-03-07: Highest IV Rank — 37.5%
  • 2025-03-14: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.80$71.84$77.48$71.84$72.03
Max Pain$71.33$70.00$73.00$72.00$70.00
ATM IV29.3%16.4%37.6%33.8%34.7%
Expected Move8.7%3.6%13.8%9.7%6.4%
HV 20d29.6%25.4%32.0%25.4%28.2%
HV 60d24.1%22.1%25.1%22.1%25.1%
IV Rank25.6%6.7%37.5%32.0%33.7%
IV Percentile33.4%3.6%73.0%60.3%65.9%
Term Structure-3.8%-12.9%13.6%-12.9%-11.4%
VWIV31.0%25.2%36.9%25.2%36.9%
Skew 25d0.2%-14.6%17.4%-1.9%-2.5%
Skew 10d8.8%-10.3%23.1%1.2%-10.3%
Call IV 25d31.5%14.6%41.7%41.7%41.0%
Put IV 25d31.6%23.8%39.9%39.9%38.5%
Bid-Ask Spread %164.24153.38172.68165.55162.79
Gamma HHI0.840.740.950.950.90
Net GEX24.1K18.5K36.3K29.7K36.3K
Net DEX-676.6K-819.7K-558.1K-558.1K-559.2K
Net VEX-1.1K-1.4K-480-1.4K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.95201300
Total OI126.429121130121125

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$71.84$72.0033.8%9.7%25.4%32.0%0.0%-1.9%-12.9%29.7K-558.1K-1.4K0.00165.55N/AN/A001210
2025-03-04$73.60$72.0037.3%10.7%26.2%37.1%25.2%-1.5%-7.7%36.3K-617.4K-1.3K0.00153.38N/AN/A0131210
2025-03-05$76.33$73.0034.7%9.9%27.9%33.3%0.0%-14.6%-8.6%19.2K-757.2K-1.0K0.00163.70N/AN/A021218
2025-03-06$75.53$73.0035.9%10.3%28.3%35.1%36.9%1.1%-4.5%20.6K-714.6K-1.1K0.00165.91N/AN/A101219
2025-03-07$75.81$73.0037.6%10.8%28.2%37.5%0.0%8.2%-0.1%20.2K-696.3K-1.2K0.00167.11N/AN/A001209
2025-03-10$73.34$73.0024.7%7.1%31.1%18.7%0.0%-1.3%-4.7%22.1K-591.0K-1.3K0.00159.01N/AN/A001209
2025-03-11$74.17$73.0027.1%12.0%30.4%22.2%0.0%8.2%-3.0%22.0K-645.2K-1.3K0.00168.11N/AN/A001209
2025-03-12$74.88$73.0027.2%12.5%30.4%22.3%0.0%17.4%-1.1%21.8K-656.9K-1.2K0.00171.28N/AN/A001209
2025-03-13$74.18$73.0026.9%13.3%30.4%21.9%0.0%-1.7%-1.4%21.8K-626.6K-1.3K0.00172.39N/AN/A001209
2025-03-14$75.47$73.0028.1%13.8%30.9%23.6%0.0%4.8%-3.3%21.8K-683.2K-1.1K0.00172.68N/AN/A001209
2025-03-17$77.48$70.0028.0%7.2%31.7%23.8%0.0%3.3%1.4%21.3K-770.8K-8990.00158.27N/AN/A001209
2025-03-18$76.66$70.0027.3%7.0%31.8%22.8%0.0%2.1%-3.2%19.0K-742.5K-9650.00158.55N/AN/A001209
2025-03-19$76.90$70.0027.7%7.0%31.8%23.5%0.0%3.3%-3.1%18.5K-763.4K-9430.00158.71N/AN/A001209
2025-03-20$75.69$70.0028.6%7.1%32.0%24.8%0.0%0.8%-3.1%21.8K-697.5K-1.0K0.00163.80N/AN/A001209
2025-03-21$75.00$70.0029.5%7.1%32.0%26.0%0.0%-4.1%-4.1%22.0K-686.6K-1.1K0.00165.15N/AN/A001209
2025-03-24$75.36$70.0030.3%7.3%30.0%27.2%0.0%-5.7%-4.9%24.1K-701.6K-9820.00165.21N/AN/A001193
2025-03-25$75.00$70.0017.4%3.6%30.0%8.2%0.0%-5.0%-4.9%23.0K-819.7K-4800.00164.45N/AN/A001193
2025-03-26$74.29$70.0031.2%6.9%28.9%28.5%0.0%-2.9%-5.2%26.1K-663.0K-1.1K0.00165.41N/AN/A001193
2025-03-27$74.75$70.0031.4%6.7%28.1%28.8%0.0%-3.1%-7.5%27.5K-676.5K-1.0K0.00165.64N/AN/A001193
2025-03-28$72.55$70.0016.4%6.9%28.6%6.7%0.0%-1.5%13.6%30.4K-582.4K-1.2K0.00161.84N/AN/A041193
2025-03-31$72.03$70.0034.7%6.4%28.2%33.7%0.0%-2.5%-11.4%36.3K-559.2K-1.1K0.00162.79N/AN/A001196