ADEA Options History — June 2023

In June 2023, ADEA traded between $9.86 and $11.05. ATM implied volatility averaged 75.0%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 29.1%. IV traded above realized volatility by 33.1% (HV 20d: 41.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.29.

Notable Days

  • 2023-06-13: Highest Volume — 61 contracts
  • 2023-06-14: Largest IV spike — 99.5% change
  • 2023-06-16: Highest IV Rank — 49.2%
  • 2023-06-13: Largest Expected Move — 47.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.54$9.86$11.05$9.86$11.05
Max Pain$9.76$7.50$10.00$7.50$10.00
ATM IV75.0%42.6%154.0%105.0%51.1%
Expected Move29.1%13.5%47.6%30.1%14.7%
HV 20d41.9%38.2%54.5%48.0%39.4%
HV 60d42.3%40.6%44.5%40.9%40.6%
IV Rank16.5%3.1%49.2%28.9%6.7%
IV Percentile41.0%4.6%87.4%76.4%19.0%
Term Structure15.9%-53.8%82.9%-10.8%82.9%
VWIV75.1%25.6%174.1%110.4%62.3%
Skew 25d70.9%-140.4%223.9%31.8%32.9%
Skew 10d98.5%-140.4%262.2%7.5%14.9%
Call IV 25d61.9%24.3%220.7%56.1%26.3%
Put IV 25d132.8%2.2%293.6%88.0%59.2%
Bid-Ask Spread %122.41100.98134.06127.26117.10
Gamma HHI0.570.460.710.460.54
Net GEX9.4K5.6K13.4K7.8K13.4K
Net DEX-355.6K-429.8K-253.7K-329.2K-370.1K
Net VEX-1.2K-1.4K-1.1K-1.3K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.003.330.000.00
Total Volume13061215
Total OI865.4296451,016965715

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$9.86$7.50105.0%30.1%48.0%28.9%110.4%31.8%-10.8%7.8K-329.2K-1.3K0.00127.26N/AN/A21088679
2023-06-02$10.54$7.5073.1%20.9%49.2%15.7%25.6%81.3%22.1%11.7K-396.6K-1.4K1.25129.80N/AN/A4590579
2023-06-05$10.07$10.0050.0%16.2%54.3%6.2%55.2%77.5%25.9%12.0K-309.9K-1.2K3.33126.13N/AN/A31090576
2023-06-06$10.41$10.0042.6%42.4%54.5%3.1%174.1%-64.7%-44.3%10.8K-380.9K-1.2K0.04128.11N/AN/A25190781
2023-06-07$10.61$10.0050.6%39.8%47.3%6.5%0.0%159.7%-15.6%12.7K-410.6K-1.3K0.23134.06N/AN/A13390782
2023-06-08$10.59$10.0049.5%30.4%39.2%6.0%71.5%157.2%16.6%10.9K-384.8K-1.2K0.00125.80N/AN/A10092283
2023-06-09$10.38$10.0051.4%44.0%40.5%6.8%0.0%-140.4%-44.6%10.2K-397.7K-1.3K0.00126.74N/AN/A0092283
2023-06-12$10.56$10.0061.1%46.2%40.6%10.8%122.8%132.8%-35.4%10.5K-400.1K-1.2K0.00124.90N/AN/A22092283
2023-06-13$10.64$10.0068.1%47.6%39.1%13.7%61.1%-11.1%-53.8%10.2K-408.6K-1.2K0.00130.54N/AN/A61092283
2023-06-14$10.71$10.00135.8%38.9%38.2%41.7%0.0%200.8%38.5%10.2K-400.6K-1.2K0.00128.27N/AN/A0093383
2023-06-15$10.66$10.00151.7%43.5%38.2%48.3%89.8%183.0%52.4%6.0K-429.8K-1.3K0.00120.46N/AN/A5093383
2023-06-16$10.59$10.00154.0%44.1%38.2%49.2%0.0%223.9%-17.8%5.6K-412.9K-1.2K0.00123.37N/AN/A5093183
2023-06-20$10.80$10.0047.3%13.5%38.4%5.1%27.7%49.7%50.5%7.0K-310.7K-1.2K0.00119.02N/AN/A47063015
2023-06-21$10.75$10.0091.8%26.3%38.6%23.5%0.0%74.8%17.6%7.6K-334.4K-1.3K0.00128.88N/AN/A4066715
2023-06-22$10.57$10.0092.1%26.4%38.2%23.6%0.0%75.2%24.5%7.0K-307.7K-1.2K0.00125.92N/AN/A0067115
2023-06-23$10.23$10.0057.2%16.4%40.7%9.2%0.0%51.0%54.7%8.6K-253.7K-1.1K0.00114.36N/AN/A9067115
2023-06-26$10.39$10.0056.7%16.3%40.7%9.0%0.0%46.7%27.6%9.5K-278.6K-1.1K0.00121.53N/AN/A0068015
2023-06-27$10.52$10.0059.4%17.0%38.6%10.1%25.8%46.4%61.9%9.8K-295.0K-1.1K0.00100.98N/AN/A1068015
2023-06-28$10.52$10.0059.7%17.1%38.6%10.2%0.0%38.5%59.2%7.6K-299.1K-1.1K0.00102.04N/AN/A5068115
2023-06-29$10.86$10.0066.0%18.9%39.4%12.8%62.3%42.4%21.7%8.2K-356.4K-1.2K0.08115.36N/AN/A13168615
2023-06-30$11.05$10.0051.1%14.7%39.4%6.7%0.0%32.9%82.9%13.4K-370.1K-1.1K0.00117.10N/AN/A5069916