AAXJ Options History — July 2025

In July 2025, AAXJ traded between $82.00 and $86.00. ATM implied volatility averaged 12.4%, placing in the 10.5% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded below realized volatility by 0.1% (HV 20d: 12.6%). Max pain ranged from $82.00 to $85.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2025-07-11: Highest Volume — 25 contracts
  • 2025-07-02: Largest IV spike — 91.4% change
  • 2025-07-02: Highest IV Rank — 43.0%
  • 2025-07-02: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.97$82.00$86.00$82.81$83.80
Max Pain$83.86$82.00$85.00$82.00$84.00
ATM IV12.4%9.2%24.1%12.6%11.4%
Expected Move3.5%2.6%6.9%3.6%3.3%
HV 20d12.6%8.5%15.4%14.7%10.0%
HV 60d16.0%12.3%28.4%28.4%12.3%
IV Rank10.5%2.6%43.0%11.8%6.4%
IV Percentile27.5%1.2%92.1%35.3%17.1%
Term Structure0.6%-14.1%5.8%-3.9%-2.2%
VWIV14.5%9.6%16.4%15.4%15.4%
Skew 25d0.1%-4.6%3.2%3.2%0.5%
Skew 10d2.8%-0.9%22.4%0.9%0.4%
Call IV 25d11.7%9.9%17.0%12.5%11.4%
Put IV 25d11.8%9.0%15.7%15.7%11.9%
Bid-Ask Spread %124.14111.04140.52111.22129.56
Gamma HHI0.180.130.210.180.17
Net GEX23.4K17.1K28.6K19.6K23.5K
Net DEX-522.6K-605.5K-432.6K-460.9K-551.7K
Net VEX-765-1.1K-592-703-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.002.500.000.33
Total Volume5.502544
Total OI103.7279512295122

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$82.81$82.0012.6%3.6%14.7%11.8%15.4%3.2%-3.9%19.6K-460.9K-7030.00111.22N/AN/A408411
2025-07-02$82.97$82.0024.1%6.9%14.7%43.0%0.0%-4.6%-14.1%24.3K-463.2K-7100.00120.24N/AN/A008511
2025-07-03$83.25$85.0013.1%2.8%14.1%13.2%9.6%0.8%5.3%21.0K-476.9K-6910.00136.18N/AN/A508511
2025-07-07$82.00$84.0013.4%3.8%15.3%14.0%0.0%-2.4%5.6%23.0K-432.6K-6970.00128.53N/AN/A008611
2025-07-08$82.59$84.0013.6%3.1%15.4%14.6%0.0%1.3%5.5%23.5K-456.8K-7000.00123.73N/AN/A008611
2025-07-09$82.55$84.0010.2%2.9%15.1%5.2%0.0%-0.4%5.8%23.1K-456.9K-6390.00124.20N/AN/A008611
2025-07-10$82.86$84.0010.4%3.0%15.1%5.8%0.0%0.4%4.3%24.3K-477.1K-6000.00125.51N/AN/A008611
2025-07-11$82.72$84.009.2%2.6%15.0%2.6%13.5%-1.3%5.3%28.6K-457.3K-6910.00118.68N/AN/A2508611
2025-07-14$82.91$84.009.9%2.8%15.0%4.4%0.0%-0.4%5.1%26.9K-535.8K-5940.00122.01N/AN/A1809511
2025-07-15$83.77$84.0012.8%3.7%13.9%12.3%0.0%0.8%-5.7%26.0K-523.6K-5920.00119.71N/AN/A1808911
2025-07-16$84.13$84.0011.5%3.3%13.8%8.9%0.0%2.4%-4.4%24.1K-516.5K-6060.00118.98N/AN/A008711
2025-07-17$84.61$84.0014.8%4.2%12.9%17.8%15.2%1.7%0.2%20.6K-534.0K-6070.00111.04N/AN/A1708711
2025-07-18$84.60$84.0014.5%4.2%12.9%17.1%16.3%-0.1%2.1%21.1K-560.6K-7960.00114.29N/AN/A209311
2025-07-21$85.16$84.0013.7%3.9%12.3%12.7%16.4%-3.9%-1.2%17.1K-523.5K-7880.00118.42N/AN/A908711
2025-07-22$85.21$84.0013.1%3.8%12.2%11.3%15.4%1.9%-0.9%22.9K-562.7K-8730.00123.61N/AN/A309611
2025-07-23$86.00$84.0010.3%2.9%8.5%3.3%0.0%0.9%1.9%23.1K-580.8K-8750.00123.95N/AN/A009511
2025-07-24$85.74$84.0010.1%2.9%8.7%2.7%0.0%-0.1%2.5%22.8K-584.0K-7610.00133.53N/AN/A009511
2025-07-25$85.47$84.0011.2%3.2%8.9%5.9%0.0%2.3%3.0%23.3K-581.3K-8120.00129.58N/AN/A909511
2025-07-28$84.97$84.0011.4%3.3%9.1%6.5%0.0%-0.4%3.7%25.1K-585.0K-1.0K2.50128.07N/AN/A2510411
2025-07-29$85.00$84.0011.2%3.2%9.1%6.0%0.0%0.1%-1.4%26.8K-605.5K-9950.00129.49N/AN/A0010616
2025-07-30$84.26$84.0011.5%3.3%9.8%6.6%0.0%-0.3%-2.7%25.0K-570.8K-1.1K0.00140.52N/AN/A0010616
2025-07-31$83.80$84.0011.4%3.3%10.0%6.4%0.0%0.5%-2.2%23.5K-551.7K-1.0K0.33129.56N/AN/A3110616