AA Options History — October 2022

In October 2022, AA traded between $37.33 and $42.78. ATM implied volatility averaged 73.0%, placing in the 71.8% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded below realized volatility by 5.5% (HV 20d: 78.6%). Max pain ranged from $43.00 to $45.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.17.

Notable Days

  • 2022-10-20: Highest Volume — 132,830 contracts
  • 2022-10-20: Largest IV drop — 11.9% change
  • 2022-10-19: Highest IV Rank — 89.2%
  • 2022-10-03: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.67$37.33$42.78$37.33$39.11
Max Pain$44.62$43.00$45.00$43.00$44.00
ATM IV73.0%64.3%78.4%78.2%64.8%
Expected Move21.1%19.0%23.3%23.3%19.5%
HV 20d78.6%67.3%90.6%84.7%67.3%
HV 60d68.9%66.1%72.0%66.8%71.7%
IV Rank71.8%41.4%89.2%88.7%42.9%
IV Percentile81.4%50.0%98.8%98.4%52.4%
Term Structure-1.3%-4.7%0.5%-1.2%0.5%
VWIV73.6%66.3%83.0%81.5%68.2%
Skew 25d5.2%3.1%7.3%5.7%3.1%
Skew 10d10.8%7.4%13.5%10.9%7.4%
Call IV 25d71.3%62.2%78.3%75.8%64.0%
Put IV 25d76.5%67.1%81.7%81.5%67.1%
Bid-Ask Spread %5.932.7916.022.793.92
Gamma HHI0.060.050.090.050.09
Net GEX543.2K-2.9M4.6M-800.6K2.3M
Net DEX74.7M-58.7M168.1M147.0M51.0M
Net VEX-1.8M-1.9M-1.6M-1.7M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.312.201.210.43
Total Volume47,337.95226,299132,83047,61632,994
Total OI396,978.714345,408468,503354,830358,240

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$37.33$43.0078.2%23.3%84.7%88.7%81.5%5.7%-1.2%-800.6K147.0M-1.7M1.212.79N/AN/A21,57826,038169,552185,278
2022-10-04$40.35$43.0075.3%22.8%90.5%80.0%79.2%6.9%-0.1%627.3K56.5M-1.8M1.153.79N/AN/A22,20325,534178,052197,240
2022-10-05$40.33$43.0075.3%22.9%90.6%79.9%83.0%6.3%-0.2%1.1M56.6M-1.8M1.883.22N/AN/A14,88827,968182,354201,641
2022-10-06$39.80$45.0076.3%21.3%89.8%83.1%71.6%6.3%-2.0%877.6K70.0M-1.8M1.3916.02N/AN/A25,94436,188186,000207,622
2022-10-07$38.83$45.0076.5%21.0%83.6%83.8%72.0%7.2%-1.9%-1.4M114.8M-1.8M2.203.31N/AN/A15,79234,719194,822223,165
2022-10-10$38.89$45.0076.6%21.3%83.8%84.0%73.8%7.2%-2.1%-2.1M133.9M-1.8M1.955.51N/AN/A8,92317,376185,310221,362
2022-10-11$37.84$45.0077.0%21.4%83.3%85.1%75.1%7.3%-2.3%-2.9M168.1M-1.8M1.876.40N/AN/A9,50817,734189,395224,093
2022-10-12$40.33$45.0078.2%22.0%78.9%88.9%76.0%3.3%-1.6%-418.9K68.4M-1.9M0.529.77N/AN/A39,22620,399192,425226,746
2022-10-13$40.80$45.0077.7%22.0%78.3%87.4%76.2%6.2%-1.6%2.2M37.2M-1.9M0.829.05N/AN/A23,25718,956204,556232,043
2022-10-14$38.33$45.0076.8%21.7%80.6%84.7%76.3%5.1%-1.1%-2.1M141.6M-1.8M1.768.42N/AN/A15,60127,415207,930233,293
2022-10-17$39.49$45.0077.9%22.2%77.5%87.9%77.6%4.8%-2.2%125.7K93.0M-1.8M1.154.43N/AN/A13,92716,000191,142208,062
2022-10-18$39.60$45.0075.2%21.5%77.4%79.9%75.8%4.5%-2.3%496.2K86.3M-1.8M1.8611.19N/AN/A10,40019,308196,948211,650
2022-10-19$37.33$45.0078.4%22.5%71.9%89.2%76.6%5.2%-4.7%-868.1K160.6M-1.6M1.493.91N/AN/A19,67829,258198,782215,255
2022-10-20$39.13$45.0069.0%19.9%72.0%60.5%70.3%3.8%-1.6%952.9K110.4M-1.7M1.148.54N/AN/A61,95870,872210,744224,771
2022-10-21$41.09$45.0069.4%20.2%69.7%59.7%70.0%3.8%-3.7%957.8K13.0M-1.9M0.874.32N/AN/A42,23036,556223,534244,969
2022-10-24$39.23$45.0069.8%20.6%71.4%60.9%71.6%4.7%-0.8%127.7K71.0M-1.8M0.593.50N/AN/A21,17712,550161,726183,682
2022-10-25$41.56$45.0067.3%20.0%73.6%52.8%70.2%5.2%-0.1%3.3M-19.8M-1.9M0.664.20N/AN/A23,53315,598171,292187,000
2022-10-26$42.78$45.0064.6%19.4%73.9%44.1%67.1%4.6%0.3%4.6M-58.7M-1.9M0.683.87N/AN/A16,72111,351172,012188,261
2022-10-27$41.30$45.0064.3%19.0%75.6%41.4%66.3%4.9%-0.0%4.0M-4.3M-1.9M0.764.00N/AN/A16,39112,465177,488190,666
2022-10-28$39.53$44.0065.0%19.3%75.4%43.8%67.3%3.6%0.5%410.8K72.7M-1.8M0.314.45N/AN/A47,21914,664182,282195,168
2022-10-31$39.11$44.0064.8%19.5%67.3%42.9%68.2%3.1%0.5%2.3M51.0M-1.8M0.433.92N/AN/A23,0469,948185,303172,937