AA Options History — October 2025

In October 2025, AA traded between $33.93 and $40.23. ATM implied volatility averaged 56.8%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 5.4% (HV 20d: 51.4%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.38.

Notable Days

  • 2025-10-23: Highest Volume — 88,540 contracts
  • 2025-10-29: Largest IV drop — 17.1% change
  • 2025-10-16: Highest IV Rank — 39.2%
  • 2025-10-16: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.88$33.93$40.23$34.02$36.81
Max Pain$33.13$30.00$35.00$30.50$35.00
ATM IV56.8%43.5%63.2%56.8%49.5%
Expected Move16.0%14.7%17.4%15.2%14.8%
HV 20d51.4%37.1%69.4%37.1%69.2%
HV 60d45.5%41.0%52.7%41.7%51.9%
IV Rank30.1%11.0%39.2%30.1%19.7%
IV Percentile80.2%7.1%94.8%89.3%43.3%
Term Structure-1.1%-4.2%6.2%-2.9%1.5%
VWIV56.1%51.3%60.6%52.6%51.3%
Skew 25d0.2%-3.1%2.4%1.1%0.4%
Skew 10d-8.8%-46.0%12.9%2.3%5.8%
Call IV 25d57.4%49.8%63.8%55.0%49.8%
Put IV 25d57.6%50.1%63.8%56.1%50.1%
Bid-Ask Spread %29.814.6666.3711.3021.21
Gamma HHI0.140.080.360.150.09
Net GEX8.9M1.5M17.4M9.4M1.5M
Net DEX-218.4M-368.7M-94.4M-174.1M-94.4M
Net VEX-1.5M-1.6M-1.4M-1.4M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.100.920.210.76
Total Volume30,425.6099,54788,54017,60211,822
Total OI322,983.565255,799356,701328,839324,834

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$34.02$30.5056.8%15.2%37.1%30.1%52.6%1.1%-2.9%9.4M-174.1M-1.4M0.2111.30N/AN/A14,5213,081177,779151,060
2025-10-02$34.96$30.5056.0%15.0%37.9%29.0%53.9%2.3%-1.9%11.0M-227.3M-1.4M0.2211.80N/AN/A35,4807,965172,783151,681
2025-10-03$34.52$31.0056.6%15.3%38.0%29.8%53.8%-1.2%-2.0%16.7M-191.3M-1.4M0.2418.85N/AN/A23,7335,622188,522156,532
2025-10-06$33.93$30.0057.8%15.7%38.7%31.6%54.8%-0.4%-2.8%6.0M-138.1M-1.4M0.254.66N/AN/A19,3044,808178,041142,538
2025-10-07$35.33$30.0060.7%16.4%39.8%35.7%57.7%-1.0%-1.0%8.4M-210.3M-1.5M0.1018.34N/AN/A33,8223,348184,239144,691
2025-10-08$37.09$30.0060.0%16.2%41.6%34.7%56.7%-3.1%-1.1%12.7M-326.8M-1.5M0.137.80N/AN/A63,6288,464200,908145,890
2025-10-09$37.02$30.0058.5%15.9%39.2%32.5%55.7%2.3%-1.9%13.5M-318.2M-1.5M0.1917.31N/AN/A35,6136,893209,176147,525
2025-10-10$35.25$30.0059.8%16.4%42.8%34.4%57.3%-0.0%-4.2%9.5M-199.6M-1.5M0.7049.89N/AN/A8,8636,227205,092150,673
2025-10-13$36.34$30.0061.0%16.5%43.9%36.1%57.6%0.6%-2.9%9.7M-230.1M-1.4M0.2121.76N/AN/A20,7724,415181,494143,001
2025-10-14$35.91$35.0061.3%16.7%44.1%36.6%58.4%0.1%-3.3%8.9M-204.1M-1.4M0.6514.66N/AN/A5,7843,763182,499145,411
2025-10-15$36.53$35.0061.5%16.7%43.8%36.9%58.6%2.4%-1.5%9.7M-223.9M-1.4M0.4624.62N/AN/A8,4503,846182,328148,342
2025-10-16$37.09$35.0063.2%17.4%43.8%39.2%60.6%-0.5%-2.2%10.6M-252.0M-1.4M0.2339.80N/AN/A14,9003,467184,228149,301
2025-10-17$36.02$35.0060.3%16.7%45.3%35.1%58.2%-0.6%-2.8%5.8M-197.7M-1.4M0.6129.34N/AN/A9,5305,818187,023151,098
2025-10-20$39.23$35.0060.6%17.2%53.4%35.5%60.3%0.4%-1.1%5.3M-234.8M-1.4M0.1942.88N/AN/A29,3405,468134,547121,252
2025-10-21$37.28$35.0058.7%16.7%55.6%32.9%58.7%-1.5%-2.7%4.9M-178.3M-1.4M0.3134.33N/AN/A27,0808,302145,634125,060
2025-10-22$35.91$35.0060.6%17.4%57.8%35.5%59.8%1.1%-2.9%4.2M-131.0M-1.5M0.4927.38N/AN/A36,24317,645161,230131,197
2025-10-23$40.23$35.0051.5%14.7%69.1%22.5%51.8%0.2%1.3%13.3M-368.7M-1.6M0.2457.78N/AN/A71,66116,879188,830140,485
2025-10-24$39.77$35.0052.7%15.3%68.6%24.2%53.5%0.7%-2.0%17.4M-321.0M-1.6M0.3458.72N/AN/A30,26810,143194,152145,560
2025-10-27$39.91$35.0052.9%15.7%68.4%24.6%55.3%0.3%0.1%9.2M-261.5M-1.6M0.3237.83N/AN/A16,6385,245176,690132,830
2025-10-28$39.41$35.0052.4%15.7%67.5%23.8%54.7%1.2%6.2%8.1M-231.1M-1.6M0.7131.59N/AN/A7,1535,112175,778135,729
2025-10-29$38.76$35.0043.5%15.8%67.1%11.0%56.0%-1.3%5.0%6.9M-199.0M-1.6M0.3066.37N/AN/A17,8465,289177,067139,258
2025-10-30$36.93$35.0050.1%15.0%69.4%20.6%53.0%0.8%0.0%2.5M-109.3M-1.5M0.9237.44N/AN/A8,0987,440175,317141,317
2025-10-31$36.81$35.0049.5%14.8%69.2%19.7%51.3%0.4%1.5%1.5M-94.4M-1.5M0.7621.21N/AN/A6,7305,092180,520144,314