AA Options History — August 2024

In August 2024, AA traded between $28.20 and $34.58. ATM implied volatility averaged 47.8%, placing in the 34.3% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded below realized volatility by 6.4% (HV 20d: 54.2%). Max pain ranged from $34.00 to $35.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2024-08-01: Highest Volume — 29,458 contracts
  • 2024-08-28: Largest IV spike — 9.4% change
  • 2024-08-06: Highest IV Rank — 73.6%
  • 2024-08-05: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.83$28.20$34.58$31.39$32.00
Max Pain$34.95$34.00$35.00$35.00$35.00
ATM IV47.8%43.2%56.4%52.5%46.4%
Expected Move13.8%12.4%16.6%15.2%12.8%
HV 20d54.2%45.5%59.5%45.5%49.0%
HV 60d46.9%45.7%48.6%45.9%47.8%
IV Rank34.3%13.2%73.6%55.7%27.7%
IV Percentile35.4%6.3%91.3%72.6%25.8%
Term Structure1.5%-4.6%11.2%-4.6%1.8%
VWIV48.5%44.0%59.1%52.9%47.1%
Skew 25d3.3%-3.9%16.7%16.7%3.0%
Skew 10d6.8%-4.0%22.3%9.3%6.6%
Call IV 25d47.3%42.5%59.0%42.5%44.3%
Put IV 25d50.5%44.5%63.2%59.3%47.3%
Bid-Ask Spread %17.555.3231.7821.505.32
Gamma HHI0.120.090.190.100.14
Net GEX428.2K-2.2M3.3M590.7K-1.6M
Net DEX31.5M-34.4M113.9M47.4M36.7M
Net VEX-1.1M-1.2M-1.0M-1.1M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.113.440.710.61
Total Volume14,973.2736,33629,45829,45816,983
Total OI279,777.818242,705314,652300,964287,827

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$31.39$35.0052.5%15.2%45.5%55.7%52.9%16.7%-4.6%590.7K47.4M-1.1M0.7121.50N/AN/A17,24512,213171,377129,587
2024-08-02$29.37$34.0054.1%15.8%48.3%62.8%56.0%3.4%1.7%-2.2M108.9M-1.1M0.8312.90N/AN/A13,59811,311177,057137,595
2024-08-05$28.20$35.0055.2%16.6%48.9%68.0%59.1%4.3%9.3%-1.0M113.9M-1.0M0.8823.35N/AN/A10,7889,481161,017130,718
2024-08-06$29.40$35.0056.4%15.5%53.4%73.6%54.1%4.9%11.2%-401.6K87.2M-1.0M0.6517.87N/AN/A9,9096,408163,599128,342
2024-08-07$29.52$35.0053.3%15.3%52.2%59.2%55.0%5.2%-1.7%14.3K78.7M-1.0M0.8231.78N/AN/A8,0646,577167,929130,691
2024-08-08$30.52$35.0051.4%14.7%53.3%50.5%51.2%3.3%2.1%815.4K58.8M-1.1M0.9715.90N/AN/A4,4594,308168,463131,680
2024-08-09$30.70$35.0048.7%14.4%53.7%38.2%49.6%4.2%0.7%921.7K54.2M-1.1M0.9914.37N/AN/A5,9625,928170,216134,044
2024-08-12$31.04$35.0049.5%14.3%53.9%41.9%49.0%-3.9%-0.1%-168.5K53.2M-1.1M0.6419.87N/AN/A8,4585,412154,551127,275
2024-08-13$31.66$35.0047.4%13.9%55.0%32.3%47.0%4.7%1.8%63.2K31.6M-1.1M2.3818.25N/AN/A2,1885,208157,557128,856
2024-08-14$31.02$35.0044.0%13.4%54.3%16.6%44.6%6.0%6.5%-926.9K50.8M-1.0M1.6122.55N/AN/A4,0706,563158,299133,093
2024-08-15$32.20$35.0045.2%13.4%54.6%22.2%45.9%3.3%1.7%445.8K17.8M-1.1M0.1114.83N/AN/A23,7622,623159,606138,347
2024-08-16$32.14$35.0044.1%13.1%54.2%17.1%44.0%2.9%2.6%317.4K11.3M-1.1M1.2513.05N/AN/A7,2699,062173,760138,436
2024-08-19$33.89$35.0044.2%12.7%57.8%17.9%44.7%0.9%0.2%1.9M-25.4M-1.2M0.3212.95N/AN/A11,0913,498121,254121,451
2024-08-20$33.92$35.0044.3%12.7%57.4%17.9%44.2%2.0%-1.2%2.0M-26.9M-1.2M1.118.82N/AN/A5,0355,565124,728123,641
2024-08-21$33.41$35.0043.8%12.5%56.3%15.7%44.7%1.9%0.0%1.6M-8.5M-1.1M1.5020.43N/AN/A3,7405,620125,444128,843
2024-08-22$32.41$35.0044.9%12.9%57.3%21.1%45.5%1.4%-0.4%620.4K21.0M-1.1M0.7316.41N/AN/A3,6562,680127,610131,495
2024-08-23$33.95$35.0043.2%12.4%59.5%13.2%44.5%1.1%0.3%3.3M-25.1M-1.1M0.4128.96N/AN/A7,6313,099128,591132,711
2024-08-26$34.58$35.0043.4%12.8%59.4%14.0%45.2%2.8%2.5%2.0M-34.4M-1.2M0.6810.75N/AN/A5,3253,603124,160124,217
2024-08-27$34.31$35.0044.7%12.5%56.5%20.0%44.1%1.8%-0.6%2.0M-26.6M-1.1M0.977.34N/AN/A3,4203,310126,405126,677
2024-08-28$32.05$35.0048.9%14.1%58.4%39.2%50.7%-0.4%-0.1%-19.2K35.2M-1.1M3.4418.14N/AN/A5,08817,480127,439128,549
2024-08-29$32.50$35.0046.8%13.6%54.7%29.3%47.8%2.5%-0.3%-677.2K33.4M-1.1M0.4930.85N/AN/A14,5777,145129,544142,431
2024-08-30$32.00$35.0046.4%12.8%49.0%27.7%47.1%3.0%1.8%-1.6M36.7M-1.1M0.615.32N/AN/A10,5286,455140,616147,211