ADEA Options History — November 2022

In November 2022, ADEA traded between $9.66 and $11.66. ATM implied volatility averaged 102.2%. The 30-day expected move averaged 31.8%. IV traded above realized volatility by 44.9% (HV 20d: 57.3%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 3.06.

Notable Days

  • 2022-11-18: Highest Volume — 490 contracts
  • 2022-11-18: Largest IV spike — 97.6% change
  • 2022-11-15: Largest Expected Move — 79.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.59$9.66$11.66$11.50$10.99
Max Pain$9.17$7.50$12.50$7.50$7.50
ATM IV102.2%42.5%276.8%73.7%42.5%
Expected Move31.8%12.2%79.3%21.1%12.2%
HV 20d57.3%49.2%61.9%61.9%51.8%
Term Structure10.7%-66.9%83.6%26.8%83.6%
VWIV98.6%51.9%186.5%62.7%51.9%
Skew 25d84.0%-1.1%231.6%25.9%14.8%
Skew 10d120.4%11.0%277.0%30.9%29.1%
Call IV 25d80.3%34.6%155.8%57.6%34.6%
Put IV 25d164.3%49.4%304.1%83.5%49.4%
Bid-Ask Spread %120.08102.33132.33106.53116.11
Gamma HHI0.480.300.780.480.55
Net GEX-128-2.5K5.5K591-657
Net DEX9.6K-73.1K86.0K-31.0K21.3K
Net VEX-599-1.4K-154-592-420
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.060.005.773.360.00
Total Volume285.76204902926
Total OI895.2383332,213397334

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$11.50$7.5073.7%21.1%0.0%0.0%62.7%25.9%26.8%591-31.0K-5923.36106.53N/AN/A67225169228
2022-11-02$11.66$7.5077.8%22.3%0.0%0.0%67.5%10.0%46.7%329-27.6K-5645.77105.69N/AN/A39225168228
2022-11-03$11.38$7.5082.0%29.5%0.0%0.0%79.2%108.7%-6.7%-2.1K-34.9K-5245.77117.75N/AN/A39225178228
2022-11-04$11.12$7.5066.2%37.3%0.0%0.0%101.3%34.4%-14.6%-963-2.9K-5115.77120.69N/AN/A39225178228
2022-11-07$11.28$7.5071.5%28.2%0.0%0.0%88.4%158.5%-12.6%-114-19.3K-5554.69114.73N/AN/A48225177228
2022-11-08$11.08$7.5085.5%46.1%0.0%0.0%90.9%140.1%-66.9%-942-6.1K-5294.59114.79N/AN/A49225186228
2022-11-09$11.13$7.50156.6%44.9%0.0%0.0%107.1%118.2%-28.8%-487-8.1K-5343.88130.02N/AN/A58225188228
2022-11-10$10.15$7.50162.8%46.7%0.0%0.0%113.3%-1.1%-33.1%-44929.2K-5243.91123.95N/AN/A58227197228
2022-11-11$10.20$7.50148.4%42.5%0.0%0.0%85.3%192.7%2.8%-91437.7K-5125.04119.14N/AN/A45227190230
2022-11-14$10.67$12.50144.0%41.3%0.0%0.0%128.3%49.8%35.6%1.9K-34.4K-1.2K2.70132.33N/AN/A1072891,949264
2022-11-15$10.31$12.50276.8%79.3%0.0%0.0%156.1%231.6%-11.6%1.9K-42.6K-7722.70129.15N/AN/A1072891,949264
2022-11-16$9.97$12.50136.8%39.2%0.0%0.0%154.5%158.0%28.2%5.5K-73.1K-1.4K1.73124.88N/AN/A1672891,949264
2022-11-17$9.83$12.5080.9%23.2%61.9%0.0%118.2%178.1%8.4%-1.1K70.6K-5931.77123.13N/AN/A1622871,241256
2022-11-18$9.93$12.50159.7%45.8%60.2%0.0%186.5%118.3%-26.0%-47671.7K-6191.71128.30N/AN/A1813091,241256
2022-11-21$9.66$12.5067.8%19.4%58.9%0.0%72.5%8.2%21.0%-1.1K86.0K-5711.52128.36N/AN/A1802741,137240
2022-11-22$10.10$10.0072.4%20.8%60.3%0.0%73.8%13.8%23.8%-21868.5K-5791.65121.91N/AN/A1662741,144241
2022-11-23$10.28$10.0057.9%16.6%59.1%0.0%56.9%21.4%14.1%-1.1K56.5K-6051.65125.41N/AN/A1662741,145241
2022-11-25$10.29$7.5054.0%15.5%57.5%0.0%0.0%32.8%41.2%-2.5K51.7K-4300.00115.35N/AN/A00118215
2022-11-28$10.34$7.5075.8%21.7%56.8%0.0%79.8%124.7%38.0%-89643.3K-4420.00121.09N/AN/A01118215
2022-11-29$10.52$7.5052.7%15.1%49.2%0.0%51.9%25.1%54.2%1.1K-55.9K-1540.00102.33N/AN/A20118216
2022-11-30$10.99$7.5042.5%12.2%51.8%0.0%0.0%14.8%83.6%-65721.3K-4200.00116.11N/AN/A60118216