ADEA Options History — November 2024

In November 2024, ADEA traded between $11.44 and $14.10. ATM implied volatility averaged 75.6%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 2.7% (HV 20d: 78.3%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.30.

Notable Days

  • 2024-11-14: Highest Volume — 242 contracts
  • 2024-11-11: Largest IV spike — 171.6% change
  • 2024-11-11: Highest IV Rank — 38.6%
  • 2024-11-01: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.19$11.44$14.10$12.46$12.16
Max Pain$10.13$10.00$12.50$12.50$10.00
ATM IV75.6%32.0%132.6%102.3%68.8%
Expected Move15.1%9.2%29.3%29.3%19.7%
HV 20d78.3%25.8%95.9%27.2%95.1%
HV 60d52.5%32.0%60.1%32.6%59.6%
IV Rank18.2%2.5%38.6%27.8%15.7%
IV Percentile57.6%1.2%95.2%94.4%68.3%
Term Structure18.1%-16.1%117.5%-7.0%12.4%
VWIV55.9%33.1%178.9%59.8%59.0%
Skew 25d13.0%-11.4%122.7%122.7%15.1%
Skew 10d31.5%-19.0%151.2%146.8%3.0%
Call IV 25d36.3%24.5%56.0%56.0%42.1%
Put IV 25d49.3%30.6%178.8%178.8%57.2%
Bid-Ask Spread %121.56107.11131.49129.57122.15
Gamma HHI0.450.370.580.430.42
Net GEX21.4K16.1K28.7K24.8K23.0K
Net DEX-495.8K-1.1M-297.4K-620.8K-460.8K
Net VEX-1.3K-2.3K-708-1.9K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.003.500.000.00
Total Volume22024222
Total OI1,382.31,3681,4081,3681,371

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$12.46$12.50102.3%29.3%27.2%27.8%59.8%122.7%-7.0%24.8K-620.8K-1.9K0.00129.57N/AN/A201,33236
2024-11-04$12.52$10.00123.2%15.0%25.8%35.3%0.0%11.6%-9.6%24.7K-642.5K-1.9K0.00130.63N/AN/A001,33436
2024-11-05$12.75$10.00122.4%12.8%26.3%35.0%0.0%15.0%1.4%28.7K-616.5K-1.5K0.00122.83N/AN/A001,33436
2024-11-06$14.10$10.00105.1%12.1%42.7%28.8%60.1%25.1%46.9%27.6K-1.1M-2.3K0.00119.49N/AN/A9001,33336
2024-11-07$14.09$10.00113.2%13.0%42.0%31.7%46.6%8.9%-16.1%26.6K-1.1M-2.3K0.00123.52N/AN/A401,34736
2024-11-08$11.45$10.0048.8%11.5%86.8%8.6%34.3%-3.6%21.3%16.8K-299.8K-8260.00123.44N/AN/A801,35036
2024-11-11$11.82$10.00132.6%11.7%87.6%38.6%34.0%-1.1%9.9%19.2K-361.7K-8580.00119.57N/AN/A301,34536
2024-11-12$12.54$10.00129.8%15.3%90.0%37.6%34.8%7.2%-1.8%25.9K-612.4K-1.6K0.00116.20N/AN/A2801,34736
2024-11-13$11.56$10.0040.0%11.5%94.2%5.4%37.3%-9.6%13.0%17.3K-313.4K-9370.00115.65N/AN/A1101,33436
2024-11-14$11.65$10.0032.0%9.2%94.2%2.5%33.1%9.8%117.5%16.3K-297.4K-7080.00123.51N/AN/A24201,33436
2024-11-15$11.61$10.0072.9%20.9%94.2%17.2%0.0%-11.4%81.2%19.0K-399.3K-1.4K0.00131.49N/AN/A001,37236
2024-11-18$11.44$10.0040.8%11.7%94.0%5.7%37.2%-2.3%12.9%16.1K-313.6K-1.0K1.00118.91N/AN/A111,34535
2024-11-19$11.46$10.0060.4%17.3%94.0%12.7%0.0%6.9%14.7%16.4K-329.2K-1.1K0.00121.30N/AN/A001,34636
2024-11-20$11.47$10.0067.3%19.3%94.0%15.2%178.9%-3.0%2.8%17.7K-337.6K-1.1K3.50115.35N/AN/A4141,34636
2024-11-21$12.07$10.0059.0%16.9%95.9%12.2%59.0%-9.1%-14.6%20.9K-428.1K-1.1K0.00107.11N/AN/A1201,34250
2024-11-22$12.02$10.0053.4%15.3%95.9%10.2%0.0%16.2%3.9%19.5K-400.0K-1.1K0.00126.33N/AN/A401,35450
2024-11-25$12.27$10.0037.6%10.8%95.4%4.5%0.0%20.5%43.6%23.1K-435.2K-9840.00120.45N/AN/A1101,35850
2024-11-26$12.21$10.0048.5%13.9%95.3%8.4%0.0%20.4%27.0%22.5K-446.6K-1.1K0.00122.83N/AN/A301,34850
2024-11-27$12.07$10.0053.6%15.4%95.3%10.3%0.0%20.1%1.6%22.2K-411.0K-1.1K0.00120.91N/AN/A001,32150
2024-11-29$12.16$10.0068.8%19.7%95.1%15.7%0.0%15.1%12.4%23.0K-460.8K-1.2K0.00122.15N/AN/A201,32150