AA Options History — April 2026

In April 2026, AA traded between $71.44 and $71.66. ATM implied volatility averaged 70.4%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded below realized volatility by 1.2% (HV 20d: 71.6%). Max pain ranged from $59.00 to $60.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 1 of 2 days. Put/call ratio averaged 0.62.

Notable Days

  • 2026-04-01: Highest Volume — 36,228 contracts
  • 2026-04-02: Largest IV drop — 2.1% change
  • 2026-04-01: Highest IV Rank — 45.2%
  • 2026-04-01: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.55$71.44$71.66$71.66$71.44
Max Pain$59.50$59.00$60.00$59.00$60.00
ATM IV70.4%69.6%71.1%71.1%69.6%
Expected Move20.2%20.0%20.4%20.4%20.0%
HV 20d71.6%70.9%72.3%72.3%70.9%
HV 60d60.1%59.9%60.2%60.2%59.9%
IV Rank44.0%42.8%45.2%45.2%42.8%
IV Percentile90.5%88.5%92.5%92.5%88.5%
Term Structure-0.1%-0.2%0.1%-0.2%0.1%
VWIV72.2%68.4%75.9%75.9%68.4%
Skew 25d3.9%2.7%5.2%5.2%2.7%
Skew 10d11.2%10.3%12.1%10.3%12.1%
Call IV 25d69.4%69.2%69.5%69.2%69.5%
Put IV 25d73.3%72.2%74.4%74.4%72.2%
Bid-Ask Spread %19.9719.7320.2220.2219.73
Gamma HHI0.100.090.100.100.09
Net GEX9.1M8.9M9.3M9.3M8.9M
Net DEX-620.8M-624.5M-617.1M-624.5M-617.1M
Net VEX-1.8M-1.8M-1.8M-1.8M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.540.700.540.70
Total Volume27,08217,93636,22836,22817,936
Total OI269,375263,361275,389263,361275,389

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$71.66$59.0071.1%20.4%72.3%45.2%75.9%5.2%-0.2%9.3M-624.5M-1.8M0.5420.22N/AN/A23,53112,697139,945123,416
2026-04-02$71.44$60.0069.6%20.0%70.9%42.8%68.4%2.7%0.1%8.9M-617.1M-1.8M0.7019.73N/AN/A10,5377,399143,990131,399