ADEA Options History — July 2024

In July 2024, ADEA traded between $11.09 and $11.91. ATM implied volatility averaged 72.0%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded above realized volatility by 47.3% (HV 20d: 24.7%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.01.

Notable Days

  • 2024-07-03: Highest Volume — 257 contracts
  • 2024-07-08: Largest IV spike — 150.1% change
  • 2024-07-31: Highest IV Rank — 58.4%
  • 2024-07-31: Largest Expected Move — 38.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.46$11.09$11.91$11.17$11.89
Max Pain$10.57$7.50$12.50$10.00$7.50
ATM IV72.0%41.6%135.1%52.5%135.1%
Expected Move19.6%11.9%38.7%15.0%38.7%
HV 20d24.7%20.5%27.2%25.4%27.2%
HV 60d31.6%31.1%32.4%32.4%31.7%
IV Rank23.4%6.5%58.4%12.5%58.4%
IV Percentile68.9%18.3%98.4%45.2%98.4%
Term Structure-7.1%-86.3%36.8%36.8%-86.3%
VWIV82.9%38.5%238.7%54.2%101.0%
Skew 25d6.9%-35.1%46.7%29.0%-35.1%
Skew 10d33.5%-39.7%196.2%24.1%23.3%
Call IV 25d58.2%28.6%130.1%40.4%130.1%
Put IV 25d65.1%42.1%126.4%69.4%94.9%
Bid-Ask Spread %135.41111.13146.54130.54141.94
Gamma HHI0.430.400.450.430.44
Net GEX57.2K48.7K73.8K58.1K59.0K
Net DEX-1.2M-1.5M-925.8K-1.4M-1.2M
Net VEX-6.1K-8.2K-4.3K-8.2K-5.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.010.000.310.000.00
Total Volume46.77322573732
Total OI4,757.3644,4325,0665,0304,438

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$11.17$10.0052.5%15.0%25.4%12.5%0.0%29.0%36.8%58.1K-1.4M-8.2K0.00130.54N/AN/A3704,99139
2024-07-02$11.21$10.0044.0%12.6%25.5%7.8%0.0%20.2%19.6%58.4K-1.4M-7.5K0.00125.25N/AN/A204,95639
2024-07-03$11.13$10.0041.6%11.9%25.5%6.5%0.0%24.8%29.3%57.4K-1.3M-7.4K0.00128.92N/AN/A25704,95339
2024-07-05$11.23$12.5048.2%18.1%24.8%10.1%0.0%5.3%-55.4%59.6K-1.2M-6.8K0.31143.66N/AN/A1345,02739
2024-07-08$11.21$12.50120.4%15.8%24.6%50.3%0.0%3.5%-22.4%59.1K-1.2M-6.8K0.00140.13N/AN/A3205,02241
2024-07-09$11.09$12.5099.6%20.5%23.1%38.7%0.0%13.6%-24.5%56.8K-1.1M-6.5K0.00141.25N/AN/A2005,00941
2024-07-10$11.11$12.5070.4%20.2%23.1%22.5%0.0%26.3%-27.1%57.6K-1.3M-7.3K0.00140.13N/AN/A1004,98941
2024-07-11$11.34$12.5051.6%14.8%23.3%12.0%0.0%3.1%-3.5%59.6K-1.1M-6.3K0.00111.13N/AN/A2804,99941
2024-07-12$11.39$12.5065.5%18.8%23.1%19.7%0.0%13.5%-3.6%58.5K-1.1M-5.8K0.00138.72N/AN/A1004,97941
2024-07-15$11.44$12.5067.0%19.2%20.5%20.6%54.2%8.2%-8.2%61.4K-1.2M-6.4K0.00135.58N/AN/A15204,96941
2024-07-16$11.91$12.5049.0%14.1%24.1%10.6%0.0%8.4%-0.4%73.8K-1.5M-7.1K0.00132.93N/AN/A5404,93141
2024-07-17$11.84$12.5073.5%21.1%24.3%24.2%64.1%0.2%-16.6%63.8K-1.3M-6.4K0.00140.26N/AN/A304,51241
2024-07-18$11.75$12.5070.5%20.2%24.2%22.5%78.6%8.8%-2.2%59.1K-1.2M-5.7K0.00129.47N/AN/A12304,51341
2024-07-19$11.41$10.0053.7%15.4%26.1%13.2%45.5%0.8%3.1%52.4K-1.0M-5.4K0.00146.54N/AN/A5504,50541
2024-07-22$11.54$10.0053.2%15.2%26.2%12.9%42.3%10.2%6.5%54.8K-1.0M-5.1K0.00135.31N/AN/A3504,45341
2024-07-23$11.79$10.0070.8%20.3%24.7%22.7%0.0%5.5%12.8%56.3K-1.3M-6.0K0.00137.13N/AN/A3704,45841
2024-07-24$11.46$10.0071.1%20.4%26.8%22.9%238.7%-3.2%1.7%50.3K-933.7K-4.8K0.00136.42N/AN/A804,43241
2024-07-25$11.49$7.5079.5%22.8%25.6%27.5%38.5%13.1%15.5%50.7K-1.0M-5.1K0.00133.23N/AN/A1104,43541
2024-07-26$11.50$7.5089.5%25.6%25.5%33.1%0.0%-19.0%12.8%48.7K-930.6K-4.7K0.00138.80N/AN/A6704,43741
2024-07-29$11.63$7.5089.2%25.6%25.1%32.9%101.0%46.7%-49.2%53.6K-1.0M-5.0K0.00131.81N/AN/A2404,41041
2024-07-30$11.54$7.5089.2%25.6%25.3%32.9%0.0%-31.4%4.2%50.4K-925.8K-4.3K0.00139.90N/AN/A1504,39141
2024-07-31$11.89$7.50135.1%38.7%27.2%58.4%0.0%-35.1%-86.3%59.0K-1.2M-5.4K0.00141.94N/AN/A3204,39741