ADEA Options History — June 2024

In June 2024, ADEA traded between $10.83 and $11.89. ATM implied volatility averaged 60.3%, placing in the 16.9% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 34.6% (HV 20d: 25.7%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.01.

Notable Days

2024-06-24: Highest Volume — 1,108 contracts
2024-06-12: Largest IV drop — 37.9% change
2024-06-11: Highest IV Rank — 27.3%
2024-06-18: Largest Expected Move — 21.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.24	$10.83	$11.89	$11.70	$11.13
Max Pain	$11.32	$10.00	$12.50	$10.00	$10.00
ATM IV	60.3%	47.0%	79.0%	58.4%	51.9%
Expected Move	16.2%	13.5%	21.1%	16.8%	14.9%
HV 20d	25.7%	20.3%	40.1%	39.8%	25.3%
HV 60d	32.5%	31.6%	33.2%	33.1%	32.4%
IV Rank	16.9%	9.5%	27.3%	15.8%	12.2%
IV Percentile	59.8%	29.0%	86.1%	60.3%	43.3%
Term Structure	5.1%	-51.8%	78.0%	40.4%	9.2%
VWIV	49.1%	21.7%	88.6%	21.7%	58.8%
Skew 25d	11.3%	-20.4%	61.3%	50.5%	20.7%
Skew 10d	23.9%	2.7%	82.1%	67.3%	20.8%
Call IV 25d	45.4%	26.8%	73.5%	29.2%	27.9%
Put IV 25d	56.7%	39.0%	88.1%	79.7%	48.6%
Bid-Ask Spread %	134.87	122.00	139.87	136.93	127.77
Gamma HHI	0.45	0.41	0.51	0.45	0.43
Net GEX	77.0K	43.5K	129.8K	109.2K	57.3K
Net DEX	-1.3M	-1.9M	-897.6K	-1.9M	-1.4M
Net VEX	-7.2K	-10.2K	-4.6K	-10.2K	-7.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.05	0.00	0.00
Total Volume	177.211	6	1,108	54	14
Total OI	6,151.789	4,756	7,137	7,137	5,025

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$11.70	$10.00	58.4%	16.8%	39.8%	15.8%	0.0%	50.5%	40.4%	109.2K	-1.9M	-10.2K	0.00	136.93	N/A	N/A	54	0	7,040	97
2024-06-04	$11.63	$10.00	58.1%	16.7%	40.1%	15.7%	21.7%	61.3%	47.8%	106.1K	-1.8M	-9.3K	0.00	137.14	N/A	N/A	23	0	6,986	97
2024-06-05	$11.84	$10.00	61.8%	17.7%	20.4%	17.7%	31.2%	52.6%	37.2%	127.8K	-1.8M	-9.5K	0.00	131.47	N/A	N/A	39	0	6,967	97
2024-06-06	$11.89	$12.50	61.6%	13.7%	20.3%	17.6%	88.6%	-7.4%	-1.7%	129.8K	-1.8M	-9.4K	0.02	137.30	N/A	N/A	49	1	6,949	96
2024-06-07	$11.57	$12.50	69.4%	16.8%	22.9%	21.9%	73.2%	-16.7%	-14.1%	104.5K	-1.5M	-8.5K	0.00	138.27	N/A	N/A	753	1	6,908	96
2024-06-10	$11.50	$12.50	74.6%	15.0%	23.0%	24.8%	0.0%	-12.8%	12.9%	85.1K	-1.6M	-7.7K	0.04	138.93	N/A	N/A	27	1	6,208	97
2024-06-11	$11.27	$12.50	79.0%	15.4%	24.3%	27.3%	0.0%	-11.3%	-0.6%	77.5K	-1.3M	-6.5K	0.00	137.58	N/A	N/A	6	0	6,201	98
2024-06-12	$11.39	$12.50	49.1%	14.1%	24.4%	10.6%	0.0%	5.6%	18.9%	83.2K	-1.5M	-6.9K	0.05	138.59	N/A	N/A	20	1	6,195	97
2024-06-13	$11.07	$12.50	61.4%	17.6%	24.2%	17.5%	0.0%	-5.7%	-32.6%	76.1K	-1.3M	-6.9K	0.00	138.04	N/A	N/A	10	0	6,190	98
2024-06-14	$10.96	$12.50	69.3%	19.9%	24.4%	21.9%	0.0%	16.4%	-33.8%	72.0K	-1.4M	-7.3K	0.00	139.87	N/A	N/A	10	0	6,189	98
2024-06-17	$10.93	$12.50	64.2%	18.4%	24.4%	19.0%	0.0%	16.5%	-23.7%	69.9K	-1.1M	-5.5K	0.00	138.84	N/A	N/A	14	0	6,182	98
2024-06-18	$10.84	$12.50	73.5%	21.1%	24.4%	24.2%	0.0%	29.9%	-51.8%	65.4K	-961.5K	-4.6K	0.00	138.73	N/A	N/A	18	0	6,183	98
2024-06-20	$11.07	$12.50	47.0%	13.5%	23.5%	9.5%	33.0%	9.7%	78.0%	43.5K	-919.5K	-5.4K	0.00	130.13	N/A	N/A	529	0	6,172	98
2024-06-21	$11.16	$10.00	49.4%	14.2%	23.9%	10.8%	50.2%	-4.5%	21.6%	49.6K	-1.2M	-6.8K	0.00	131.96	N/A	N/A	475	0	6,381	98
2024-06-24	$10.86	$10.00	57.6%	16.5%	25.4%	15.4%	36.0%	21.1%	15.3%	48.3K	-977.0K	-6.3K	0.00	138.01	N/A	N/A	1,108	0	4,717	39
2024-06-25	$11.04	$10.00	53.3%	15.3%	26.1%	13.0%	0.0%	13.7%	3.4%	54.8K	-1.1M	-7.1K	0.00	133.87	N/A	N/A	37	0	4,924	39
2024-06-26	$10.83	$10.00	51.2%	14.7%	25.8%	11.8%	58.8%	-20.4%	-13.2%	49.3K	-897.6K	-5.7K	0.00	127.00	N/A	N/A	157	0	4,942	39
2024-06-27	$10.93	$10.00	55.3%	15.9%	26.2%	14.1%	0.0%	-4.2%	-16.5%	53.2K	-1.0M	-6.3K	0.00	122.00	N/A	N/A	20	0	5,006	39
2024-06-28	$11.13	$10.00	51.9%	14.9%	25.3%	12.2%	0.0%	20.7%	9.2%	57.3K	-1.4M	-7.8K	0.00	127.77	N/A	N/A	14	0	4,986	39