AIA Options History — November 2025

In November 2025, AIA traded between $92.75 and $100.09. ATM implied volatility averaged 23.2%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 0.2% (HV 20d: 23.0%). Max pain ranged from $82.00 to $104.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.10.

Notable Days

2025-11-10: Highest Volume — 20 contracts
2025-11-07: Largest IV spike — 42.6% change
2025-11-21: Highest IV Rank — 24.6%
2025-11-21: Largest Expected Move — 10.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$96.57	$92.75	$100.09	$100.09	$95.56
Max Pain	$100.33	$82.00	$104.00	$82.00	$104.00
ATM IV	23.2%	19.0%	36.2%	22.7%	25.7%
Expected Move	6.5%	5.3%	10.4%	6.5%	7.4%
HV 20d	23.0%	19.0%	33.0%	32.1%	19.0%
HV 60d	22.6%	21.7%	23.1%	21.7%	23.1%
IV Rank	9.1%	4.0%	24.6%	8.4%	12.0%
IV Percentile	15.1%	2.0%	76.2%	7.5%	25.4%
Term Structure	-2.7%	-9.8%	2.7%	0.5%	-9.8%
VWIV	30.8%	17.7%	44.0%	17.7%	44.0%
Skew 25d	1.6%	-4.2%	12.1%	0.4%	5.1%
Skew 10d	3.9%	-8.6%	48.5%	0.8%	4.7%
Call IV 25d	27.5%	16.1%	32.2%	30.3%	32.2%
Put IV 25d	29.1%	24.2%	37.3%	30.7%	37.3%
Bid-Ask Spread %	164.98	114.42	185.50	114.84	185.14
Gamma HHI	0.31	0.25	0.38	0.26	0.38
Net GEX	7.5K	1.7K	12.7K	2.9K	10.9K
Net DEX	-341.6K	-431.4K	-210.7K	-380.8K	-240.0K
Net VEX	-449	-621	-265	-278	-446
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.10	0.00	0.20	0.00	0.20
Total Volume	1.579	0	20	0	0
Total OI	56.421	45	64	52	45

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-11-03	$100.09	$82.00	22.7%	6.5%	32.1%	8.4%	0.0%	0.4%	0.5%	2.9K	-380.8K	-278	0.00	114.84	N/A	N/A	0	0	43	9
2025-11-04	$97.85	$82.00	19.0%	5.5%	32.9%	4.0%	0.0%	2.6%	-3.8%	4.0K	-356.8K	-347	0.00	115.83	N/A	N/A	0	0	43	9
2025-11-05	$98.97	$82.00	20.7%	5.9%	33.0%	6.0%	0.0%	3.5%	-2.6%	2.8K	-372.0K	-265	0.00	114.42	N/A	N/A	0	0	43	9
2025-11-06	$97.95	$0.00	20.2%	5.9%	32.6%	5.4%	17.7%	0.0%	-3.0%	3.6K	-358.9K	-311	0.00	163.27	N/A	N/A	0	4	43	9
2025-11-07	$96.91	$104.00	28.8%	6.3%	25.2%	15.7%	0.0%	-0.2%	0.3%	4.4K	-334.9K	-309	0.00	169.86	N/A	N/A	0	0	43	11
2025-11-10	$99.34	$104.00	19.8%	5.3%	21.9%	5.0%	0.0%	1.2%	2.7%	1.7K	-363.3K	-271	0.00	175.50	N/A	N/A	20	0	43	11
2025-11-11	$99.03	$104.00	21.8%	5.4%	21.2%	7.4%	0.0%	0.2%	2.3%	5.3K	-427.5K	-514	0.00	176.37	N/A	N/A	0	0	53	11
2025-11-12	$99.12	$104.00	19.1%	5.5%	20.3%	4.1%	0.0%	0.5%	1.6%	5.5K	-431.4K	-482	0.00	172.96	N/A	N/A	0	0	53	11
2025-11-13	$97.67	$104.00	22.0%	6.3%	21.1%	7.5%	0.0%	12.1%	-4.0%	6.7K	-406.6K	-533	0.00	168.95	N/A	N/A	0	0	53	11
2025-11-14	$96.99	$104.00	20.1%	5.8%	21.3%	5.3%	0.0%	0.3%	1.2%	10.2K	-405.9K	-448	0.00	185.50	N/A	N/A	0	0	53	11
2025-11-17	$95.89	$104.00	21.2%	6.1%	20.3%	6.6%	0.0%	4.1%	-0.1%	12.1K	-385.5K	-472	0.00	179.44	N/A	N/A	0	0	53	11
2025-11-18	$95.09	$104.00	21.7%	6.2%	20.0%	7.2%	0.0%	-2.7%	-1.6%	11.9K	-366.6K	-507	0.00	171.73	N/A	N/A	0	0	53	11
2025-11-19	$94.42	$104.00	22.9%	6.6%	19.7%	8.6%	0.0%	-4.2%	-0.6%	11.9K	-348.2K	-561	0.00	167.28	N/A	N/A	0	0	53	11
2025-11-20	$92.75	$104.00	25.8%	7.4%	19.6%	12.1%	0.0%	-4.1%	-4.5%	12.7K	-312.3K	-621	0.00	165.84	N/A	N/A	0	0	53	11
2025-11-21	$92.78	$104.00	36.2%	10.4%	19.2%	24.6%	44.0%	-1.8%	-5.1%	9.0K	-329.4K	-610	0.20	166.25	N/A	N/A	5	1	53	11
2025-11-24	$94.34	$104.00	24.4%	7.0%	19.1%	10.5%	0.0%	3.9%	-8.3%	6.3K	-210.7K	-591	0.00	180.70	N/A	N/A	0	0	36	9
2025-11-25	$94.65	$104.00	24.1%	6.9%	19.2%	10.1%	0.0%	4.5%	-8.1%	9.4K	-223.2K	-500	0.00	176.29	N/A	N/A	0	0	36	9
2025-11-26	$95.38	$104.00	25.1%	7.2%	19.3%	11.4%	0.0%	4.4%	-8.9%	10.5K	-236.3K	-466	0.00	184.47	N/A	N/A	0	0	36	9
2025-11-28	$95.56	$104.00	25.7%	7.4%	19.0%	12.0%	0.0%	5.1%	-9.8%	10.9K	-240.0K	-446	0.00	185.14	N/A	N/A	0	0	36	9