ADEA Options History — December 2022

In December 2022, ADEA traded between $9.30 and $10.96. ATM implied volatility averaged 68.3%. The 30-day expected move averaged 23.7%. IV traded above realized volatility by 25.6% (HV 20d: 42.7%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.50.

Notable Days

  • 2022-12-16: Highest Volume — 52 contracts
  • 2022-12-13: Largest IV spike — 130.4% change
  • 2022-12-05: Largest Expected Move — 43.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.99$9.30$10.96$10.59$9.48
Max Pain$9.88$7.50$10.00$7.50$10.00
ATM IV68.3%43.1%118.9%59.1%47.4%
Expected Move23.7%12.3%43.8%16.9%13.6%
HV 20d42.7%31.6%53.0%52.8%31.6%
Term Structure6.6%-49.7%37.2%37.2%13.0%
VWIV63.5%47.8%85.8%47.8%62.3%
Skew 25d68.2%-187.9%180.0%92.0%33.8%
Skew 10d104.7%-155.8%293.1%293.1%43.6%
Call IV 25d72.9%42.7%190.4%42.7%51.0%
Put IV 25d141.1%2.6%255.2%134.8%84.8%
Bid-Ask Spread %117.6096.28142.03106.03104.17
Gamma HHI0.760.520.920.520.92
Net GEX-2.8K-5.4K1.1K1.1K-5.4K
Net DEX47.5K-66.0K122.0K-66.0K103.6K
Net VEX-376-499-151-173-354
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.005.500.410.00
Total Volume7.619052380
Total OI361.952315403345356

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$10.59$7.5059.1%16.9%52.8%0.0%47.8%92.0%37.2%1.1K-66.0K-1730.41106.03N/AN/A2711129216
2022-12-02$10.79$10.0072.9%20.9%52.9%0.0%0.0%1.7%-27.4%-1.6K-5.2K-4990.00142.03N/AN/A00156225
2022-12-05$10.75$10.0091.8%43.8%52.4%0.0%0.0%136.8%-49.7%-76322.0K-4540.00126.77N/AN/A00156225
2022-12-06$10.96$10.0081.9%40.6%52.6%0.0%0.0%89.2%-17.9%-2.4K7.9K-4230.00128.17N/AN/A60156225
2022-12-07$10.77$10.0093.3%37.8%52.6%0.0%0.0%168.4%8.7%-2.1K-9.7K-4720.40127.53N/AN/A52156225
2022-12-08$10.55$10.0082.4%38.1%53.0%0.0%58.5%180.0%15.1%-2.5K5.7K-4710.00126.66N/AN/A40159227
2022-12-09$10.27$10.0075.6%36.5%42.3%0.0%0.0%106.3%6.2%-3.8K46.0K-4130.00128.81N/AN/A00163227
2022-12-12$10.43$10.0051.6%40.0%42.6%0.0%0.0%-187.9%-11.7%595-62.5K-1510.00123.58N/AN/A02163227
2022-12-13$10.45$10.00118.9%20.2%39.4%0.0%0.0%111.5%3.1%-2.7K21.4K-4330.00125.09N/AN/A20163229
2022-12-14$10.00$10.0062.4%17.9%40.6%0.0%57.7%145.7%17.4%-3.3K45.3K-4180.00126.54N/AN/A20164229
2022-12-15$9.71$10.0082.7%23.7%40.2%0.0%85.8%174.8%-27.2%-2.3K59.7K-4010.00125.85N/AN/A20169229
2022-12-16$9.77$10.0061.2%17.5%40.0%0.0%60.8%143.7%-4.1%-3.1K66.2K-3975.50113.78N/AN/A844174229
2022-12-19$9.38$10.0066.3%19.0%42.2%0.0%78.3%-2.3%24.0%-2.8K89.5K-3780.00118.43N/AN/A8089226
2022-12-20$9.38$10.0049.1%14.1%41.2%0.0%65.5%13.4%32.0%-4.2K97.0K-3760.00108.64N/AN/A1096226
2022-12-21$9.32$10.0048.3%13.9%37.5%0.0%0.0%18.8%1.2%-4.5K112.4K-3431.00102.62N/AN/A2297226
2022-12-22$9.48$10.0056.1%16.1%37.4%0.0%0.0%16.8%11.6%-4.0K60.1K-3770.00108.78N/AN/A20103228
2022-12-23$9.48$10.0050.2%14.4%37.4%0.0%54.7%16.6%16.1%-4.5K85.4K-3770.2596.28N/AN/A41104228
2022-12-27$9.48$10.0062.2%17.8%37.3%0.0%0.0%3.2%30.4%-4.2K106.0K-3400.00103.14N/AN/A10104229
2022-12-28$9.30$10.0043.1%12.3%36.7%0.0%0.0%20.1%32.8%-2.5K90.3K-3430.00107.47N/AN/A00105229
2022-12-29$9.51$10.0078.3%22.5%33.5%0.0%62.3%150.5%26.9%-4.7K122.0K-3000.00119.30N/AN/A240105229
2022-12-30$9.48$10.0047.4%13.6%31.6%0.0%0.0%33.8%13.0%-5.4K103.6K-3540.00104.17N/AN/A00127229