ATS Options History — April 2025

In April 2025, ATS traded between $20.98 and $26.27. ATM implied volatility averaged 66.9%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 17.4%. IV traded below realized volatility by 9.3% (HV 20d: 76.2%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.07.

Notable Days

  • 2025-04-14: Highest Volume — 11 contracts
  • 2025-04-03: Largest IV spike — 79.6% change
  • 2025-04-08: Highest IV Rank — 45.8%
  • 2025-04-22: Largest Expected Move — 22.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.40$20.98$26.27$25.38$25.00
Max Pain$22.50$22.50$22.50$22.50$22.50
ATM IV66.9%39.5%118.4%60.7%69.7%
Expected Move17.4%13.3%22.6%13.3%20.0%
HV 20d76.2%52.0%86.7%58.9%86.7%
HV 60d57.7%45.2%63.7%45.2%63.4%
IV Rank22.5%10.1%45.8%19.7%23.8%
IV Percentile76.7%42.1%96.4%77.8%83.3%
Term Structure-14.6%-35.7%1.7%-14.2%-5.4%
VWIV57.1%51.1%63.1%63.1%51.1%
Skew 25d2.4%-18.1%29.6%-4.8%-5.5%
Skew 10d8.2%-14.7%34.2%2.3%-0.2%
Call IV 25d58.8%27.7%112.2%56.3%81.1%
Put IV 25d61.3%41.7%103.6%51.5%75.6%
Bid-Ask Spread %118.16102.45130.10108.82127.31
Gamma HHI0.360.260.470.390.33
Net GEX11.9K4.6K17.8K14.4K11.0K
Net DEX-117.3K-332.1K116.0K-70.2K-250.1K
Net VEX-4.1K-4.9K-2.9K-4.5K-4.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.500.000.00
Total Volume1.8101100
Total OI1,386.3338691,7301,686874

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$25.38$0.0060.7%13.3%58.9%19.7%0.0%-4.8%-14.2%14.4K-70.2K-4.5K0.00108.82N/AN/A001,432254
2025-04-02$26.27$0.0039.5%13.7%58.0%10.1%0.0%14.1%-10.0%14.7K-84.8K-4.5K0.00107.45N/AN/A401,432254
2025-04-03$25.08$0.0070.9%15.5%52.8%24.3%0.0%4.1%-7.7%15.4K-168.5K-4.9K0.00117.30N/AN/A031,436254
2025-04-04$24.55$0.0085.3%18.7%52.0%30.8%0.0%5.2%1.7%17.8K-148.8K-4.5K0.00128.06N/AN/A051,436251
2025-04-07$22.07$0.0098.7%19.6%62.7%36.9%63.1%-0.8%-28.3%12.4K-31.2K-3.8K0.50127.98N/AN/A211,436256
2025-04-08$20.98$22.50118.4%17.2%63.4%45.8%0.0%16.6%-15.7%7.2K116.0K-3.0K0.00116.52N/AN/A001,438257
2025-04-09$24.37$22.5057.0%16.3%81.4%18.0%0.0%10.5%-12.9%11.9K25.4K-3.8K0.00115.13N/AN/A401,438257
2025-04-10$23.41$22.5054.6%15.7%81.7%16.9%0.0%-12.8%-11.5%9.2K44.2K-3.8K0.00130.10N/AN/A101,443257
2025-04-11$24.73$22.5046.8%13.4%84.4%13.4%0.0%7.4%-1.7%12.0K-16.6K-4.0K0.00117.70N/AN/A001,444257
2025-04-14$25.08$22.5060.7%17.4%81.8%19.7%0.0%-2.6%-15.2%14.6K-60.7K-4.3K0.00116.48N/AN/A1101,464256
2025-04-15$24.73$22.5056.1%16.1%81.8%17.6%0.0%6.8%-8.4%15.7K-99.0K-4.5K0.00116.13N/AN/A001,474256
2025-04-16$24.16$22.5057.6%16.5%81.1%18.3%0.0%-4.3%-7.9%13.3K-65.8K-4.4K0.00120.19N/AN/A001,474256
2025-04-17$24.37$22.5058.4%16.7%81.3%18.6%0.0%18.6%0.8%9.5K6.4K-4.0K0.00121.19N/AN/A001,474256
2025-04-21$24.19$22.5072.8%20.9%81.3%25.2%0.0%-18.1%-9.9%4.6K-46.0K-2.9K0.00116.21N/AN/A00700169
2025-04-22$23.05$22.5078.7%22.6%81.3%27.8%0.0%-2.0%-35.7%8.9K-182.6K-3.8K0.00118.67N/AN/A00700169
2025-04-23$24.82$22.5059.8%17.2%85.7%19.3%0.0%1.8%-20.5%10.1K-228.9K-4.2K0.00112.92N/AN/A30700169
2025-04-24$25.12$22.5066.9%19.2%85.9%22.5%0.0%-14.2%-32.0%12.1K-332.1K-4.6K0.00121.80N/AN/A00703169
2025-04-25$25.23$22.5058.7%16.8%85.9%18.8%0.0%10.2%-15.3%11.3K-308.9K-4.5K0.00123.22N/AN/A00703169
2025-04-28$25.43$22.5056.2%16.1%86.0%17.7%51.1%29.6%-22.4%11.4K-244.0K-4.3K0.00115.73N/AN/A40703169
2025-04-29$24.30$22.5077.3%22.2%86.1%27.2%0.0%-8.6%-34.8%12.8K-318.1K-4.3K0.00102.45N/AN/A00705169
2025-04-30$25.00$22.5069.7%20.0%86.7%23.8%0.0%-5.5%-5.4%11.0K-250.1K-4.1K0.00127.31N/AN/A00705169