AA Options History — October 2019

In October 2019, AA traded between $18.45 and $21.57. ATM implied volatility averaged 48.3%, placing in the 47.7% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 5.5% (HV 20d: 42.8%). Max pain ranged from $19.00 to $21.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.59.

Notable Days

  • 2019-10-17: Highest Volume — 18,666 contracts
  • 2019-10-17: Largest IV drop — 13.5% change
  • 2019-10-08: Highest IV Rank — 71.8%
  • 2019-10-02: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.04$18.45$21.57$19.82$20.70
Max Pain$20.30$19.00$21.00$21.00$20.50
ATM IV48.3%41.8%55.6%53.0%42.9%
Expected Move13.9%11.9%17.2%16.3%12.6%
HV 20d42.8%33.2%56.4%56.4%43.0%
HV 60d50.9%49.2%53.2%49.2%51.7%
IV Rank47.7%25.9%71.8%63.2%29.7%
IV Percentile68.3%33.7%94.4%92.5%40.5%
Term Structure-0.9%-2.7%0.9%-1.4%-0.5%
VWIV48.0%41.8%59.0%54.8%42.9%
Skew 25d3.1%1.3%4.9%4.0%2.6%
Skew 10d6.9%0.8%13.4%7.1%12.8%
Call IV 25d46.9%41.0%54.0%50.9%41.1%
Put IV 25d49.9%42.7%57.4%54.9%43.7%
Bid-Ask Spread %13.199.5820.2612.7213.39
Gamma HHI0.250.100.710.190.37
Net GEX1.4M-463.5K5.8M1.2M2.5M
Net DEX6.4M-35.8M42.0M13.3M-4.1M
Net VEX-390.2K-463.0K-328.6K-418.9K-426.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.061.460.230.98
Total Volume7,198.3911,36518,6668,7104,005
Total OI181,143.739121,145216,390196,797150,857

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$19.82$21.0053.0%16.3%56.4%63.2%54.8%4.0%-1.4%1.2M13.3M-418.9K0.2312.72N/AN/A7,0641,646131,01365,784
2019-10-02$19.30$21.0054.6%17.2%56.4%68.3%59.0%4.2%-1.6%697.0K23.6M-389.0K1.1810.95N/AN/A1,8822,219134,43666,022
2019-10-03$19.05$19.0054.8%14.9%49.2%68.9%51.9%4.8%-0.6%449.1K28.8M-376.6K1.1217.14N/AN/A9721,092135,14667,101
2019-10-04$19.36$19.0053.2%14.7%47.9%63.7%50.6%2.8%-0.5%605.2K24.9M-384.6K0.7613.35N/AN/A775590135,75167,608
2019-10-07$19.34$19.0053.2%14.6%42.4%63.9%49.9%4.0%-2.5%286.4K26.9M-361.0K0.609.58N/AN/A1,8561,107134,49167,095
2019-10-08$18.61$19.0055.6%15.2%42.5%71.8%51.2%2.3%-2.3%-163.9K36.2M-345.6K0.9414.32N/AN/A3,0512,875135,74768,033
2019-10-09$18.45$20.0053.8%15.3%33.8%65.8%51.1%4.9%-0.6%-463.5K42.0M-328.6K0.9612.38N/AN/A2,4022,304137,81769,908
2019-10-10$18.79$20.0052.6%14.8%33.2%61.8%49.6%4.7%-0.6%-312.2K36.5M-333.2K1.4611.06N/AN/A7841,145139,22969,810
2019-10-11$19.35$21.0052.0%14.7%35.3%59.7%49.7%3.2%-2.3%213.5K24.8M-359.0K0.3520.26N/AN/A3,5681,232139,42470,484
2019-10-14$19.20$21.0050.4%14.4%35.1%54.4%49.6%3.3%-1.0%89.7K27.7M-341.7K0.269.73N/AN/A3,337866132,53568,598
2019-10-15$19.52$21.0047.9%13.7%35.7%46.3%47.5%3.5%0.9%496.9K21.6M-342.5K0.3913.13N/AN/A7,8083,023135,16669,199
2019-10-16$19.24$21.0048.3%13.8%35.5%47.5%47.6%3.0%-0.3%436.7K24.5M-339.6K0.9312.71N/AN/A7,6327,111136,70469,404
2019-10-17$20.26$21.0041.8%11.9%40.2%25.9%41.8%1.7%0.5%2.0M4.9M-354.4K0.409.95N/AN/A13,3575,309140,55873,604
2019-10-18$21.48$20.0043.1%12.4%45.4%30.2%43.2%2.4%0.4%5.8M-35.8M-388.1K0.1715.56N/AN/A14,5472,543144,15972,231
2019-10-21$20.61$20.0044.4%13.0%47.7%34.6%45.5%1.3%-0.4%874.4K2.3M-380.1K0.1612.69N/AN/A14,4172,33275,27445,871
2019-10-22$20.79$20.0047.3%13.7%45.5%44.1%48.2%2.7%-1.1%1.5M-9.1M-422.2K0.0615.75N/AN/A15,07489886,63747,065
2019-10-23$21.22$20.5046.4%13.8%43.7%41.1%46.8%3.1%-1.6%2.7M-26.6M-453.4K0.2713.75N/AN/A2,61769898,35247,334
2019-10-24$20.69$20.5045.3%12.9%44.1%37.6%45.4%2.7%-2.7%2.2M-11.9M-431.6K0.2913.95N/AN/A3,6991,05899,58847,740
2019-10-25$20.95$20.5044.4%12.8%43.1%34.7%46.2%2.1%-0.7%2.6M-18.9M-437.8K0.1814.45N/AN/A4,03771199,50748,173
2019-10-28$21.55$20.5042.4%12.7%43.7%27.8%44.4%2.7%0.3%3.0M-33.6M-445.3K0.8912.78N/AN/A4,5754,06697,28146,426
2019-10-29$21.57$20.5042.5%12.5%43.0%28.3%44.2%2.6%-0.5%3.1M-31.6M-463.0K0.5213.00N/AN/A1,23664899,21050,018
2019-10-30$21.18$21.0042.3%12.9%42.3%27.5%42.0%2.2%-0.6%2.9M-20.1M-451.9K0.5510.66N/AN/A2,1951,20099,56750,349
2019-10-31$20.70$20.5042.9%12.6%43.0%29.7%42.9%2.6%-0.5%2.5M-4.1M-426.0K0.9813.39N/AN/A2,0201,98599,92050,937