ADEA Options History — October 2024

In October 2024, ADEA traded between $11.41 and $12.71. ATM implied volatility averaged 75.8%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded above realized volatility by 44.4% (HV 20d: 31.4%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.26.

Notable Days

2024-10-07: Highest Volume — 50 contracts
2024-10-09: Largest IV drop — 51.7% change
2024-10-31: Highest IV Rank — 26.7%
2024-10-31: Largest Expected Move — 28.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.06	$11.41	$12.71	$11.75	$12.43
Max Pain	$12.28	$10.00	$12.50	$10.00	$12.50
ATM IV	75.8%	44.7%	99.4%	57.0%	99.4%
Expected Move	21.1%	12.8%	28.5%	16.3%	28.5%
HV 20d	31.4%	25.2%	35.2%	34.6%	28.0%
HV 60d	40.8%	33.6%	42.5%	42.0%	33.6%
IV Rank	18.2%	7.1%	26.7%	11.5%	26.7%
IV Percentile	76.8%	23.8%	94.0%	54.4%	94.0%
Term Structure	-8.6%	-32.3%	10.4%	10.4%	1.5%
VWIV	60.7%	46.9%	84.8%	75.0%	63.4%
Skew 25d	33.5%	-14.5%	128.3%	34.9%	128.3%
Skew 10d	29.6%	-25.0%	151.6%	4.6%	151.6%
Call IV 25d	53.1%	38.9%	69.3%	65.9%	46.7%
Put IV 25d	86.6%	43.6%	175.0%	100.9%	175.0%
Bid-Ask Spread %	132.10	124.26	142.29	134.33	130.13
Gamma HHI	0.41	0.37	0.53	0.39	0.42
Net GEX	22.4K	17.1K	45.9K	18.9K	24.1K
Net DEX	-504.1K	-671.5K	-383.5K	-424.0K	-628.1K
Net VEX	-1.8K	-2.1K	-1.4K	-1.8K	-2.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.26	0.00	3.25	0.00	0.00
Total Volume	6.87	0	50	2	0
Total OI	1,320.826	1,277	1,368	1,277	1,368

Daily Data (23 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
2024-10-01	$11.75	$10.00	57.0%	16.3%	34.6%	11.5%	0.0%	34.9%	10.4%	18.9K	-424.0K	-1.8K	0.00	134.33	N/A	N/A	2	0	1,242	35
2024-10-02	$11.73	$10.00	58.7%	16.8%	33.4%	12.1%	0.0%	33.9%	4.0%	18.2K	-418.3K	-1.9K	0.00	133.61	N/A	N/A	0	0	1,244	35
2024-10-03	$11.54	$12.50	59.6%	15.3%	33.7%	12.4%	0.0%	5.2%	-6.5%	17.1K	-391.7K	-1.8K	0.00	129.44	N/A	N/A	0	0	1,244	35
2024-10-04	$11.79	$12.50	62.9%	14.9%	32.6%	13.6%	0.0%	0.9%	-6.6%	19.3K	-410.9K	-1.6K	0.14	125.61	N/A	N/A	7	1	1,244	35
2024-10-07	$11.55	$12.50	61.1%	15.9%	33.2%	13.0%	75.0%	2.6%	-20.9%	19.3K	-383.5K	-1.4K	0.02	124.26	N/A	N/A	49	1	1,246	36
2024-10-08	$11.64	$12.50	92.5%	17.6%	33.0%	24.2%	46.9%	9.1%	-21.1%	18.9K	-456.2K	-2.0K	0.00	127.13	N/A	N/A	2	0	1,295	37
2024-10-09	$11.57	$12.50	44.7%	12.8%	32.7%	7.1%	56.7%	-14.5%	-30.0%	18.4K	-430.7K	-1.9K	0.00	127.14	N/A	N/A	3	0	1,297	37
2024-10-10	$11.41	$12.50	64.9%	18.6%	33.0%	14.3%	0.0%	-6.1%	-23.7%	17.7K	-410.6K	-1.9K	0.00	134.76	N/A	N/A	1	0	1,300	37
2024-10-11	$11.89	$12.50	59.5%	17.1%	34.2%	12.4%	0.0%	9.8%	-5.5%	21.1K	-444.8K	-1.7K	0.00	137.11	N/A	N/A	0	0	1,301	37
2024-10-14	$11.86	$12.50	64.2%	18.4%	33.9%	14.1%	0.0%	5.0%	-12.2%	20.8K	-438.2K	-1.7K	0.25	139.16	N/A	N/A	4	1	1,301	37
2024-10-15	$12.00	$12.50	56.3%	16.1%	33.9%	11.2%	0.0%	6.3%	-9.7%	21.9K	-463.2K	-1.7K	0.00	129.55	N/A	N/A	0	0	1,301	37
2024-10-16	$12.32	$12.50	79.4%	22.8%	35.2%	19.5%	50.3%	10.4%	-1.6%	23.5K	-584.8K	-2.1K	0.00	131.28	N/A	N/A	6	0	1,301	37
2024-10-17	$12.43	$12.50	70.3%	20.1%	33.8%	16.3%	0.0%	14.4%	1.0%	24.1K	-616.5K	-2.1K	0.00	129.09	N/A	N/A	0	0	1,302	37
2024-10-18	$12.48	$12.50	76.6%	22.0%	33.8%	18.5%	48.0%	19.0%	-3.7%	45.9K	-584.3K	-2.0K	3.25	131.64	N/A	N/A	4	13	1,305	37
2024-10-21	$12.21	$12.50	88.8%	25.5%	33.3%	22.9%	84.8%	21.6%	-32.3%	21.4K	-554.2K	-2.0K	0.00	138.29	N/A	N/A	3	0	1,285	36
2024-10-22	$12.29	$12.50	89.0%	25.5%	28.0%	23.0%	63.4%	21.1%	-9.7%	21.4K	-594.0K	-2.1K	0.00	124.85	N/A	N/A	2	0	1,286	36
2024-10-23	$12.19	$12.50	96.5%	27.7%	27.8%	25.7%	0.0%	41.2%	-7.9%	22.0K	-536.2K	-1.9K	0.00	136.03	N/A	N/A	1	0	1,288	36
2024-10-24	$12.20	$12.50	91.0%	26.1%	25.4%	23.7%	0.0%	47.1%	-9.0%	22.6K	-495.1K	-1.7K	0.00	142.29	N/A	N/A	0	0	1,288	36
2024-10-25	$12.16	$12.50	92.4%	26.5%	25.2%	24.2%	0.0%	50.8%	-10.0%	22.2K	-500.8K	-1.8K	0.00	137.67	N/A	N/A	0	0	1,288	36
2024-10-28	$12.59	$12.50	91.6%	26.3%	27.9%	23.9%	0.0%	81.3%	-8.6%	25.8K	-554.8K	-1.6K	0.00	134.30	N/A	N/A	9	0	1,288	36
2024-10-29	$12.71	$12.50	91.9%	26.4%	27.4%	24.0%	0.0%	123.0%	-4.5%	26.3K	-601.4K	-1.7K	0.00	132.03	N/A	N/A	0	0	1,284	36
2024-10-30	$12.71	$12.50	94.8%	27.2%	27.4%	25.1%	0.0%	125.6%	9.3%	24.0K	-671.5K	-2.1K	0.00	128.59	N/A	N/A	49	0	1,284	36
2024-10-31	$12.43	$12.50	99.4%	28.5%	28.0%	26.7%	0.0%	128.3%	1.5%	24.1K	-628.1K	-2.0K	0.00	130.13	N/A	N/A	0	0	1,332	36