ADEA Options History — October 2023

In October 2023, ADEA traded between $8.23 and $10.68. ATM implied volatility averaged 61.5%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded below realized volatility by 9.3% (HV 20d: 70.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2023-10-03: Highest Volume — 47 contracts
  • 2023-10-26: Largest IV spike — 72.7% change
  • 2023-10-10: Highest IV Rank — 22.7%
  • 2023-10-24: Largest Expected Move — 24.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.71$8.23$10.68$10.68$8.42
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV61.5%37.5%88.2%46.8%59.5%
Expected Move17.0%12.0%24.6%13.4%17.0%
HV 20d70.8%32.5%77.5%32.5%41.5%
HV 60d55.6%41.6%57.3%41.6%55.8%
IV Rank11.8%1.9%22.7%5.7%10.9%
IV Percentile41.0%3.4%71.4%16.4%41.7%
Term Structure0.5%-59.9%76.9%76.9%-3.2%
VWIV55.4%38.1%88.6%71.5%38.1%
Skew 25d17.0%-34.8%60.1%59.9%18.3%
Skew 10d71.3%-16.7%283.9%283.9%192.2%
Call IV 25d47.4%29.6%75.9%30.1%45.0%
Put IV 25d64.4%41.0%94.2%90.0%63.2%
Bid-Ask Spread %105.9184.06117.10115.6987.34
Gamma HHI0.590.520.680.520.63
Net GEX4.2K2.7K6.8K6.8K3.0K
Net DEX7.8K-290.0K83.0K-290.0K66.4K
Net VEX-832-1.4K-474-1.4K-549
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.005.000.120.00
Total Volume6.95504708
Total OI920865961908867

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$10.68$10.0046.8%13.4%32.5%5.7%0.0%59.9%76.9%6.8K-290.0K-1.4K0.00115.69N/AN/A00729179
2023-10-03$9.00$10.0080.6%23.1%69.4%19.6%71.5%31.1%20.9%4.5K-89.3K-1.1K0.12116.53N/AN/A425729179
2023-10-04$9.27$10.0048.0%13.8%70.3%6.2%40.0%47.8%20.8%5.6K-38.9K-1.1K1.33111.67N/AN/A68724211
2023-10-05$8.59$10.0055.4%14.9%74.6%9.3%53.0%-9.8%8.0%3.9K22.8K-9270.00112.11N/AN/A200718211
2023-10-06$9.07$10.0037.5%13.7%77.5%1.9%0.0%-6.7%8.7%6.0K-16.1K-1.1K0.00108.70N/AN/A120738211
2023-10-09$9.07$10.0061.5%13.7%77.5%11.7%47.3%-5.9%2.3%6.5K-38.5K-1.1K5.00103.25N/AN/A420750211
2023-10-10$8.89$10.0088.2%12.4%76.4%22.7%51.8%7.8%-2.2%5.6K-25.5K-1.0K0.0092.23N/AN/A50746202
2023-10-11$8.73$10.0051.1%14.7%76.5%7.5%62.8%11.6%-9.0%5.4K3.1K-8970.0084.06N/AN/A01751202
2023-10-12$8.48$10.0083.0%23.8%75.9%20.6%88.6%39.4%-4.3%4.1K28.1K-8560.00102.97N/AN/A02751202
2023-10-13$8.45$10.0066.0%18.9%75.8%13.6%0.0%-34.8%-59.9%4.5K9.9K-8910.00109.80N/AN/A00751204
2023-10-16$8.52$10.0058.8%16.8%75.8%10.6%0.0%31.1%17.1%4.5K28.9K-7600.00107.41N/AN/A00751204
2023-10-17$8.66$10.0073.0%20.9%76.0%16.5%61.6%-1.9%-44.7%3.9K20.9K-8250.50104.89N/AN/A42751204
2023-10-18$8.54$10.0061.1%17.5%75.9%11.6%0.0%22.6%10.6%3.7K10.8K-8730.00112.11N/AN/A00751203
2023-10-19$8.41$10.0044.1%12.6%73.5%4.6%0.0%-28.1%3.3%3.2K57.6K-6730.00117.07N/AN/A00751203
2023-10-20$8.45$10.0062.8%18.0%73.4%12.3%0.0%48.9%-5.2%3.4K42.4K-7330.00112.43N/AN/A04751203
2023-10-23$8.52$10.0055.8%16.0%73.3%9.4%39.5%28.1%-8.9%3.5K46.6K-6580.00105.68N/AN/A30666199
2023-10-24$8.61$10.0085.8%24.6%73.6%21.7%0.0%60.1%5.8%3.1K65.6K-6170.00117.10N/AN/A00669199
2023-10-25$8.43$10.0042.0%12.0%72.2%3.8%38.1%10.3%17.0%2.9K58.7K-6370.00103.92N/AN/A70669199
2023-10-26$8.32$10.0072.5%20.8%72.1%16.3%0.0%-6.9%-37.2%3.2K49.2K-6510.00103.47N/AN/A00668199
2023-10-27$8.23$10.0061.6%17.7%71.8%11.8%0.0%33.2%8.2%2.7K75.0K-5050.00104.33N/AN/A00668199
2023-10-30$8.36$10.0058.5%16.8%72.3%10.5%0.0%18.3%-14.1%2.7K83.0K-4740.0097.28N/AN/A00668199
2023-10-31$8.42$10.0059.5%17.0%41.5%10.9%0.0%18.3%-3.2%3.0K66.4K-5490.0087.34N/AN/A80668199