AAXJ Options History — April 2012

In April 2012, AAXJ traded between $54.69 and $57.07. ATM implied volatility averaged 21.6%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 3.1% (HV 20d: 18.5%). Max pain ranged from $55.00 to $56.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-04-26: Highest Volume — 6 contracts
  • 2012-04-10: Largest IV spike — 12.9% change
  • 2012-04-10: Highest IV Rank — 25.5%
  • 2012-04-10: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.00$54.69$57.07$57.07$56.20
Max Pain$55.20$55.00$56.00$56.00$55.00
ATM IV21.6%18.3%24.5%19.7%19.5%
Expected Move6.2%5.3%7.1%5.6%5.6%
HV 20d18.5%16.4%20.9%20.9%18.3%
HV 60d18.2%17.5%18.6%17.8%18.0%
IV Rank20.9%15.6%25.5%17.9%17.5%
IV Percentile53.6%30.6%65.1%45.5%40.5%
Term Structure1.7%0.5%3.3%1.0%2.2%
VWIV18.8%18.8%18.8%18.8%18.8%
Skew 25d5.8%3.6%7.9%7.6%7.5%
Skew 10d8.8%-2.0%13.1%-2.0%3.6%
Call IV 25d18.0%13.1%22.7%13.5%13.1%
Put IV 25d23.8%19.9%27.3%21.1%20.6%
Bid-Ask Spread %83.9968.76108.1596.64102.24
Gamma HHI0.450.370.530.430.44
Net GEX-23.3K-32.5K-10.5K-17.1K-15.9K
Net DEX25.3K-127.3K251.9K-94.3K-100.8K
Net VEX-3.5K-4.1K-2.7K-3.8K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.850650
Total OI577.35572583581583

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-04-02$57.07$56.0019.7%5.6%20.9%17.9%0.0%7.6%1.0%-17.1K-94.3K-3.8K0.0096.64N/AN/A05147434
2012-04-03$57.01$56.0019.5%5.6%17.6%17.6%0.0%6.0%1.6%-17.6K-85.1K-3.8K0.00108.15N/AN/A00147429
2012-04-04$56.00$56.0020.7%5.9%18.4%19.5%0.0%7.3%1.4%-24.2K54.7K-4.0K0.0095.18N/AN/A00147429
2012-04-05$56.45$56.0020.0%5.7%17.3%18.3%0.0%3.6%2.3%-21.4K-6.4K-4.0K0.0097.66N/AN/A00147429
2012-04-09$55.66$55.0021.7%6.4%17.8%21.0%0.0%5.5%1.8%-26.7K98.9K-3.9K0.0074.09N/AN/A10147429
2012-04-10$54.69$55.0024.5%7.1%18.5%25.5%0.0%4.6%0.5%-32.5K251.9K-4.1K0.0068.76N/AN/A00148429
2012-04-11$55.35$55.0023.9%7.1%16.4%24.6%0.0%5.3%0.7%-28.9K156.6K-4.0K0.0071.59N/AN/A00148429
2012-04-12$56.70$55.0022.9%6.6%18.3%23.1%0.0%5.5%2.3%-20.1K-26.0K-3.8K0.0071.76N/AN/A00148429
2012-04-13$55.80$55.0023.7%6.8%18.9%24.3%0.0%5.5%1.9%-26.4K80.2K-3.7K0.0069.59N/AN/A00148429
2012-04-16$55.72$55.0024.0%6.9%18.9%24.7%0.0%5.6%1.6%-27.7K98.2K-3.6K0.0072.85N/AN/A00148429
2012-04-17$56.30$55.0023.5%6.7%19.4%23.9%0.0%4.9%1.5%-22.9K-17.7K-3.4K0.0071.98N/AN/A00148429
2012-04-18$56.10$55.0022.6%6.5%18.6%22.5%0.0%5.6%1.7%-26.0K13.6K-3.4K0.0075.42N/AN/A00148429
2012-04-19$55.91$55.0022.6%6.5%18.6%22.6%0.0%7.2%2.1%-29.3K46.9K-3.5K0.0076.31N/AN/A00148429
2012-04-20$56.05$55.0020.6%5.9%18.2%19.3%0.0%5.8%2.3%-31.7K21.6K-3.3K0.0083.92N/AN/A00148429
2012-04-23$55.18$55.0022.3%6.4%18.9%22.1%0.0%7.7%1.4%-28.4K136.0K-3.3K0.0086.50N/AN/A50148424
2012-04-24$55.39$55.0022.2%6.4%18.6%21.8%0.0%7.9%0.9%-24.7K75.3K-3.3K0.0085.14N/AN/A00153424
2012-04-25$55.92$55.0020.1%5.8%19.0%18.4%0.0%5.2%1.9%-19.1K-9.3K-3.1K0.0087.31N/AN/A00153424
2012-04-26$56.24$55.0019.9%5.7%18.8%18.2%18.8%4.2%2.5%-15.3K-61.0K-2.9K0.0090.44N/AN/A60153424
2012-04-27$56.21$55.0018.3%5.3%18.6%15.6%0.0%4.0%3.3%-10.5K-127.3K-2.8K0.0094.32N/AN/A00159424
2012-04-30$56.20$55.0019.5%5.6%18.3%17.5%0.0%7.5%2.2%-15.9K-100.8K-2.7K0.00102.24N/AN/A00159424