AAXJ Options History — June 2025

In June 2025, AAXJ traded between $78.14 and $82.91. ATM implied volatility averaged 12.4%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded below realized volatility by 0.0% (HV 20d: 12.4%). Max pain ranged from $68.00 to $82.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.03.

Notable Days

2025-06-11: Highest Volume — 16 contracts
2025-06-24: Largest IV spike — 33.7% change
2025-06-24: Highest IV Rank — 22.4%
2025-06-24: Largest Expected Move — 4.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$80.85	$78.14	$82.91	$78.14	$82.62
Max Pain	$79.95	$68.00	$82.00	$69.00	$82.00
ATM IV	12.4%	10.4%	16.5%	12.4%	10.4%
Expected Move	3.5%	3.0%	4.7%	3.6%	3.0%
HV 20d	12.4%	8.7%	15.8%	12.6%	14.8%
HV 60d	28.9%	28.5%	29.4%	29.4%	28.8%
IV Rank	11.2%	5.9%	22.4%	11.2%	5.9%
IV Percentile	30.4%	7.1%	64.7%	32.9%	7.1%
Term Structure	0.9%	-7.3%	6.3%	-2.2%	2.4%
VWIV	24.9%	11.0%	44.1%	33.5%	15.3%
Skew 25d	1.6%	-3.4%	19.7%	2.7%	19.7%
Skew 10d	8.8%	-4.1%	95.7%	95.7%	0.3%
Call IV 25d	12.2%	9.4%	15.2%	15.2%	11.4%
Put IV 25d	13.8%	10.7%	31.0%	17.9%	31.0%
Bid-Ask Spread %	123.90	110.60	132.37	118.64	126.13
Gamma HHI	0.26	0.17	0.43	0.43	0.17
Net GEX	16.8K	13.7K	20.4K	15.6K	17.2K
Net DEX	-471.9K	-639.0K	-358.0K	-380.0K	-463.7K
Net VEX	-740	-900	-631	-875	-729
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.03	0.00	0.25	0.00	0.00
Total Volume	4.2	0	16	2	1
Total OI	100.8	77	119	96	94

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-06-02	$78.14	$69.00	12.4%	3.6%	12.6%	11.2%	33.5%	2.7%	-2.2%	15.6K	-380.0K	-875	0.00	118.64	N/A	N/A	2	0	85	11
2025-06-03	$78.38	$68.00	12.4%	3.6%	12.1%	11.3%	44.1%	-3.4%	-2.7%	15.4K	-402.2K	-900	0.25	120.31	N/A	N/A	4	1	87	11
2025-06-04	$79.53	$68.00	11.4%	3.3%	12.9%	8.5%	39.9%	-2.7%	-2.1%	14.4K	-467.0K	-735	0.11	123.64	N/A	N/A	9	1	91	12
2025-06-05	$79.87	$82.00	12.3%	3.2%	12.1%	10.9%	0.0%	-0.5%	4.5%	16.4K	-508.8K	-807	0.00	128.61	N/A	N/A	12	0	98	12
2025-06-06	$80.20	$82.00	11.2%	3.0%	11.8%	8.0%	0.0%	-1.1%	3.4%	16.5K	-545.5K	-686	0.00	132.37	N/A	N/A	2	0	101	12
2025-06-09	$80.97	$82.00	12.0%	3.0%	12.0%	10.3%	0.0%	-1.3%	5.4%	19.8K	-563.0K	-729	0.00	125.98	N/A	N/A	0	0	103	12
2025-06-10	$81.45	$82.00	11.7%	3.2%	8.8%	9.4%	11.0%	1.9%	2.9%	15.5K	-601.6K	-707	0.00	126.47	N/A	N/A	4	0	103	12
2025-06-11	$81.81	$82.00	14.4%	4.1%	8.8%	16.7%	0.0%	0.6%	4.5%	16.0K	-616.6K	-808	0.00	122.30	N/A	N/A	16	0	107	12
2025-06-12	$81.94	$82.00	12.9%	3.7%	8.7%	12.7%	0.0%	-1.6%	-0.9%	14.8K	-639.0K	-677	0.00	125.57	N/A	N/A	4	0	107	12
2025-06-13	$80.56	$82.00	11.5%	3.3%	11.0%	8.8%	0.0%	-1.8%	3.0%	20.4K	-586.1K	-690	0.00	130.19	N/A	N/A	10	0	107	12
2025-06-16	$81.13	$82.00	13.2%	3.8%	11.2%	13.4%	0.0%	0.9%	5.8%	17.2K	-442.1K	-769	0.00	122.44	N/A	N/A	4	0	86	12
2025-06-17	$80.20	$82.00	11.2%	3.2%	12.1%	7.9%	0.0%	1.6%	5.7%	18.2K	-375.7K	-737	0.00	128.05	N/A	N/A	0	0	80	12
2025-06-18	$80.15	$82.00	11.5%	3.3%	12.0%	8.9%	0.0%	0.9%	6.3%	18.6K	-369.1K	-771	0.00	126.16	N/A	N/A	0	0	80	12
2025-06-20	$79.51	$82.00	10.7%	3.1%	12.5%	6.7%	0.0%	-2.5%	-0.4%	18.8K	-358.0K	-702	0.00	128.49	N/A	N/A	0	0	80	12
2025-06-23	$80.13	$82.00	12.3%	3.5%	12.7%	11.1%	16.5%	-2.4%	0.3%	13.7K	-362.1K	-631	0.00	117.92	N/A	N/A	4	0	75	2
2025-06-24	$82.37	$82.00	16.5%	4.7%	15.8%	22.4%	13.8%	3.3%	-7.3%	14.8K	-419.6K	-791	0.00	110.60	N/A	N/A	4	0	77	11
2025-06-25	$82.59	$82.00	12.6%	3.6%	15.7%	11.7%	0.0%	2.1%	-5.3%	17.3K	-442.9K	-703	0.00	122.37	N/A	N/A	0	0	80	11
2025-06-26	$82.91	$82.00	14.9%	4.3%	15.4%	18.1%	15.3%	5.2%	0.2%	16.7K	-449.4K	-659	0.00	117.21	N/A	N/A	6	0	80	11
2025-06-27	$82.62	$82.00	12.1%	3.5%	15.6%	10.5%	0.0%	10.5%	-5.9%	18.2K	-445.0K	-702	0.00	124.61	N/A	N/A	0	0	83	11
2025-06-30	$82.62	$82.00	10.4%	3.0%	14.8%	5.9%	0.0%	19.7%	2.4%	17.2K	-463.7K	-729	0.00	126.13	N/A	N/A	1	0	83	11