AA Options History — October 2021

In October 2021, AA traded between $46.02 and $57.24. ATM implied volatility averaged 55.4%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded below realized volatility by 4.7% (HV 20d: 60.1%). Max pain ranged from $40.00 to $49.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2021-10-15: Highest Volume — 179,378 contracts
  • 2021-10-15: Largest IV drop — 9.3% change
  • 2021-10-04: Highest IV Rank — 57.0%
  • 2021-10-01: Largest Expected Move — 19.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.46$46.02$57.24$49.68$46.06
Max Pain$46.38$40.00$49.00$40.00$49.00
ATM IV55.4%48.8%64.5%61.3%51.9%
Expected Move15.9%14.0%19.2%19.2%15.5%
HV 20d60.1%41.2%72.5%53.8%71.7%
HV 60d62.5%55.3%66.3%63.4%65.8%
IV Rank25.5%2.3%57.0%46.0%13.2%
IV Percentile33.1%0.4%78.6%63.1%12.7%
Term Structure-0.9%-2.5%1.0%-1.4%1.0%
VWIV55.9%49.5%67.4%67.4%54.1%
Skew 25d0.9%-1.1%4.5%2.0%0.7%
Skew 10d0.4%-3.1%4.2%4.2%0.9%
Call IV 25d55.8%48.5%63.0%61.6%52.0%
Put IV 25d56.7%49.6%67.5%63.6%52.7%
Bid-Ask Spread %5.302.9711.972.973.09
Gamma HHI0.110.070.170.150.11
Net GEX6.7M1.9M12.5M7.6M3.7M
Net DEX-448.5M-1.04B-101.3M-535.9M-101.3M
Net VEX-2.6M-2.9M-2.2M-2.5M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.271.630.490.63
Total Volume50,009.95211,127179,37828,57847,296
Total OI459,701.238385,386519,369447,957519,369

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$49.68$40.0061.3%19.2%53.8%46.0%67.4%2.0%-1.4%7.6M-535.9M-2.5M0.492.97N/AN/A19,2109,368227,298220,659
2021-10-04$49.35$45.0064.5%17.5%53.9%57.0%61.2%4.5%-1.5%5.9M-504.9M-2.5M0.658.97N/AN/A10,5566,811218,126210,711
2021-10-05$49.25$45.0060.6%16.8%53.8%43.5%58.4%1.9%-1.6%6.5M-513.1M-2.5M0.633.91N/AN/A6,8424,285225,253213,151
2021-10-06$47.03$45.0062.1%17.1%56.0%48.8%60.6%1.9%-2.0%4.2M-388.2M-2.5M0.638.53N/AN/A17,89111,288229,324216,270
2021-10-07$47.12$45.0058.8%16.4%53.7%37.3%57.4%2.3%-2.1%4.5M-395.0M-2.5M0.348.02N/AN/A17,0395,749233,844217,379
2021-10-08$46.20$45.0059.5%16.4%52.2%39.6%57.5%1.1%-2.5%3.6M-341.3M-2.4M0.5511.97N/AN/A24,61013,573234,006219,926
2021-10-11$47.33$45.0059.4%16.8%53.1%39.3%59.4%1.4%-0.1%6.9M-446.2M-2.5M0.274.59N/AN/A30,9328,481235,874207,434
2021-10-12$47.63$45.0060.1%16.9%52.5%41.7%59.6%1.3%-1.3%8.0M-469.8M-2.5M0.346.45N/AN/A26,2088,978242,321212,405
2021-10-13$48.22$45.0059.7%16.7%44.3%40.3%59.4%-1.1%-1.4%8.8M-504.9M-2.5M0.539.92N/AN/A15,0157,958248,555216,126
2021-10-14$48.58$45.0055.6%15.7%41.2%26.0%55.1%-0.4%-1.3%10.6M-542.8M-2.5M0.414.66N/AN/A54,05822,055257,173219,878
2021-10-15$56.03$45.0050.4%14.4%65.3%7.9%50.7%-0.1%0.2%12.5M-1.04B-2.3M0.475.84N/AN/A121,94957,429264,447224,313
2021-10-18$57.24$45.0048.8%14.0%64.7%2.3%49.5%1.1%-0.9%10.0M-820.2M-2.2M1.633.77N/AN/A20,41133,357207,789177,597
2021-10-19$54.08$48.0050.2%14.4%66.1%7.2%50.2%0.6%-0.5%9.5M-644.4M-2.5M0.593.86N/AN/A40,98524,073218,269191,265
2021-10-20$52.48$48.0049.3%14.1%65.6%4.3%50.1%-0.0%-0.4%6.4M-509.8M-2.7M0.533.31N/AN/A37,34719,785235,641221,283
2021-10-21$50.02$49.0050.9%14.7%68.1%9.6%51.6%0.3%-1.6%5.3M-344.4M-2.8M0.603.24N/AN/A36,14121,619243,900228,615
2021-10-22$49.27$49.0050.9%14.7%68.3%9.8%51.8%-0.3%-1.2%4.8M-296.0M-2.9M0.554.33N/AN/A31,02217,037257,735235,119
2021-10-25$51.13$49.0052.7%15.4%66.7%16.1%54.1%-0.7%0.2%8.8M-447.6M-2.9M0.753.51N/AN/A23,89617,829247,148222,690
2021-10-26$49.70$49.0050.9%15.0%67.4%9.8%52.8%0.2%0.3%7.4M-346.6M-2.8M0.633.68N/AN/A16,07010,183254,254223,822
2021-10-27$46.02$49.0053.6%15.8%72.5%19.0%56.3%1.5%-0.5%1.9M-120.4M-2.8M0.313.58N/AN/A65,58920,451258,332225,896
2021-10-28$46.24$49.0053.2%15.8%71.8%17.6%55.7%0.7%-0.3%3.2M-103.5M-2.8M0.573.10N/AN/A42,69024,143258,649231,880
2021-10-29$46.06$49.0051.9%15.5%71.7%13.2%54.1%0.7%1.0%3.7M-101.3M-2.9M0.633.09N/AN/A29,05518,241278,300241,069