AIA Options History — September 2025

In September 2025, AIA traded between $84.59 and $94.55. ATM implied volatility averaged 26.8%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 12.3% (HV 20d: 14.5%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-09-26: Highest Volume — 13 contracts
  • 2025-09-10: Largest IV drop — 42.2% change
  • 2025-09-09: Highest IV Rank — 25.4%
  • 2025-09-03: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$90.88$84.59$94.55$84.84$94.55
Max Pain$80.00$80.00$80.00$80.00$80.00
ATM IV26.8%21.0%36.3%31.4%28.8%
Expected Move7.0%5.9%9.3%9.0%8.2%
HV 20d14.5%12.1%16.5%14.8%12.9%
HV 60d15.1%14.1%16.1%15.5%14.1%
IV Rank13.5%6.3%25.4%19.7%15.7%
IV Percentile24.4%2.0%68.7%47.6%34.9%
Term Structure-4.3%-12.5%2.6%-10.4%-12.3%
Skew 25d2.8%0.4%12.1%0.8%3.8%
Skew 10d7.4%2.6%12.1%2.6%10.7%
Call IV 25d27.4%15.2%37.2%35.9%30.0%
Put IV 25d30.2%26.9%37.6%36.7%33.8%
Bid-Ask Spread %166.58151.61186.23151.61162.14
Gamma HHI0.350.240.500.290.50
Net GEX2.3K1.4K4.4K1.7K4.2K
Net DEX-136.1K-214.6K-67.4K-67.4K-214.6K
Net VEX-156-304-93-125-304
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.04801305
Total OI19.52412311231

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$84.84$80.0031.4%9.0%14.8%19.7%0.0%0.8%-10.4%1.7K-67.4K-1250.00151.61N/AN/A00102
2025-09-03$84.89$80.0032.4%9.3%14.8%20.8%0.0%0.4%-12.5%1.7K-68.5K-1170.00153.30N/AN/A30102
2025-09-04$84.59$0.0032.8%5.9%14.9%21.2%0.0%12.1%2.1%2.4K-83.5K-1870.00186.23N/AN/A00132
2025-09-05$85.84$0.0032.0%5.9%14.9%20.3%0.0%2.0%1.2%2.2K-89.5K-1640.00184.41N/AN/A00132
2025-09-08$87.09$0.0035.2%6.1%15.6%24.1%0.0%3.5%2.6%2.1K-95.3K-1460.00183.37N/AN/A00132
2025-09-09$88.57$0.0036.3%6.0%16.5%25.4%0.0%4.4%1.2%1.7K-98.6K-1430.00175.17N/AN/A00132
2025-09-10$89.67$0.0021.0%6.0%16.5%6.4%0.0%2.5%1.1%1.4K-103.3K-1200.00172.53N/AN/A20132
2025-09-11$91.34$0.0021.0%6.0%16.5%6.3%0.0%4.2%2.5%1.6K-125.6K-1100.00164.77N/AN/A10152
2025-09-12$91.31$0.0021.3%6.1%15.5%6.7%0.0%2.4%1.2%1.7K-131.5K-1340.00167.75N/AN/A00162
2025-09-15$91.88$0.0022.1%6.3%15.4%7.7%0.0%3.0%1.1%1.6K-133.8K-1260.00166.54N/AN/A20162
2025-09-16$92.85$0.0022.2%6.4%15.4%7.8%0.0%2.9%-4.6%1.4K-137.1K-1080.00163.65N/AN/A00162
2025-09-17$93.48$0.0022.4%6.4%14.8%8.1%0.0%2.0%-4.2%1.4K-137.9K-1150.00158.96N/AN/A10162
2025-09-18$93.38$0.0022.9%6.6%14.0%8.6%0.0%2.4%-4.5%2.0K-146.7K-930.00162.72N/AN/A60172
2025-09-19$92.69$0.0023.4%6.7%14.6%9.2%0.0%1.1%-5.4%3.1K-186.0K-1930.00165.62N/AN/A00232
2025-09-22$93.40$0.0024.6%7.1%13.1%10.7%0.0%2.1%-5.6%3.1K-164.2K-1650.00163.44N/AN/A00202
2025-09-23$93.62$0.0025.0%7.2%13.0%11.2%0.0%2.0%-8.2%3.0K-165.3K-1560.00161.11N/AN/A02202
2025-09-24$93.97$0.0025.5%7.3%12.8%11.8%0.0%2.0%-8.2%2.9K-168.8K-1410.00162.60N/AN/A00204
2025-09-25$93.59$0.0026.1%7.5%12.1%12.5%0.0%2.2%-9.1%2.9K-165.9K-1560.00164.08N/AN/A80204
2025-09-26$92.84$0.0027.0%7.7%12.9%13.6%0.0%1.6%-7.9%2.9K-162.3K-1630.00166.15N/AN/A130204
2025-09-29$94.13$0.0028.8%8.3%13.0%15.7%0.0%1.2%-10.6%4.4K-212.7K-3010.00162.07N/AN/A00274
2025-09-30$94.55$0.0028.8%8.2%12.9%15.7%0.0%3.8%-12.3%4.2K-214.6K-3040.00162.14N/AN/A50274