AA Options History — June 2024

In June 2024, AA traded between $37.47 and $44.11. ATM implied volatility averaged 46.8%, placing in the 29.5% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 3.7% (HV 20d: 43.1%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.78.

Notable Days

  • 2024-06-13: Highest Volume — 29,773 contracts
  • 2024-06-17: Largest IV spike — 7.4% change
  • 2024-06-21: Highest IV Rank — 49.7%
  • 2024-06-27: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.09$37.47$44.11$44.11$39.58
Max Pain$34.21$30.00$35.00$35.00$35.00
ATM IV46.8%42.3%51.2%45.1%50.3%
Expected Move14.1%12.8%14.8%13.2%14.8%
HV 20d43.1%38.4%49.3%43.2%39.1%
HV 60d44.3%42.1%46.1%44.5%42.1%
IV Rank29.5%8.9%49.7%21.6%45.4%
IV Percentile30.0%2.8%62.7%15.5%54.0%
Term Structure1.9%-1.9%6.2%-0.4%2.2%
VWIV49.8%46.5%53.0%47.4%53.0%
Skew 25d0.4%-4.0%3.9%-1.3%3.9%
Skew 10d2.2%-5.8%14.4%-0.6%2.0%
Call IV 25d47.5%42.3%55.3%45.4%48.6%
Put IV 25d48.0%42.6%53.0%44.1%52.5%
Bid-Ask Spread %22.415.4366.8329.5619.86
Gamma HHI0.140.090.320.150.11
Net GEX2.5M-3.1M6.0M5.6M3.0M
Net DEX-171.0M-344.1M-76.9M-344.1M-120.0M
Net VEX-1.5M-1.6M-1.4M-1.6M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.312.330.690.73
Total Volume13,687.7894,80329,7739,10320,161
Total OI319,689.632246,260360,486330,104267,309

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$44.11$35.0045.1%13.2%43.2%21.6%47.4%-1.3%-0.4%5.6M-344.1M-1.6M0.6929.56N/AN/A5,3913,712161,075169,029
2024-06-04$41.99$35.0044.1%13.1%47.7%17.4%46.5%2.9%3.0%3.7M-257.5M-1.6M0.6218.00N/AN/A9,9476,133162,389171,589
2024-06-05$42.22$35.0044.2%12.8%47.7%17.6%47.5%-0.4%0.1%4.0M-265.1M-1.6M1.0619.71N/AN/A2,5832,744163,065175,237
2024-06-06$42.78$30.0043.1%13.7%45.9%12.5%48.3%-2.8%1.7%4.5M-283.2M-1.6M0.7028.31N/AN/A2,8331,970163,948176,824
2024-06-07$40.86$30.0042.7%13.6%49.3%10.9%48.1%0.3%1.1%1.0M-205.0M-1.6M1.0531.97N/AN/A6,5036,802165,256177,405
2024-06-10$41.26$30.0043.0%13.9%49.2%12.1%48.7%-0.6%5.7%3.6M-227.6M-1.5M0.8323.21N/AN/A6,3565,294158,672172,658
2024-06-11$40.19$35.0043.5%13.8%42.5%14.5%48.8%-1.0%4.8%2.4M-182.6M-1.5M0.9322.62N/AN/A5,5765,175162,463176,099
2024-06-12$39.76$35.0042.3%13.5%42.4%8.9%48.0%2.0%4.8%1.6M-160.6M-1.5M0.3266.83N/AN/A11,7753,777163,825178,304
2024-06-13$38.45$35.0044.1%14.1%44.0%17.0%49.1%1.3%6.2%-699.4K-102.7M-1.4M0.7223.24N/AN/A17,26612,507165,972180,034
2024-06-14$37.92$35.0045.3%14.1%43.9%22.8%49.7%1.9%6.2%-3.1M-76.9M-1.4M0.7747.24N/AN/A7,2375,586173,278187,208
2024-06-17$37.53$35.0048.7%14.4%43.3%38.2%50.7%1.0%0.2%1.8M-87.4M-1.4M0.316.62N/AN/A12,8904,011166,893177,500
2024-06-18$37.47$35.0049.5%14.4%40.2%41.9%50.3%0.5%0.5%1.2M-86.5M-1.4M0.756.13N/AN/A7,1085,349163,156179,359
2024-06-20$38.78$35.0050.8%14.6%40.8%48.0%52.0%0.7%-0.8%2.5M-137.8M-1.4M0.755.43N/AN/A8,4106,323163,448179,573
2024-06-21$40.25$35.0051.2%14.6%40.7%49.7%52.0%1.1%0.5%6.0M-225.6M-1.4M0.3425.01N/AN/A20,9047,064166,761183,358
2024-06-24$41.08$35.0050.6%14.6%40.3%46.8%51.5%0.7%-0.3%3.5M-165.0M-1.4M0.9211.14N/AN/A6,4565,937127,101119,159
2024-06-25$39.80$35.0050.2%14.6%41.2%45.3%51.4%0.5%4.9%2.9M-127.7M-1.4M0.4610.60N/AN/A7,0303,201131,286122,760
2024-06-26$39.11$35.0050.3%14.7%38.9%45.7%51.9%-4.0%-1.3%2.4M-108.4M-1.4M2.3319.08N/AN/A3,1087,257133,154124,466
2024-06-27$38.61$35.0049.8%14.8%38.4%43.4%52.0%1.0%-1.9%851.1K-85.6M-1.4M0.5211.26N/AN/A3,7551,937133,841130,649
2024-06-28$39.58$35.0050.3%14.8%39.1%45.4%53.0%3.9%2.2%3.0M-120.0M-1.4M0.7319.86N/AN/A11,6748,487136,071131,238