ADEA Options History — March 2025

In March 2025, ADEA traded between $13.17 and $15.26. ATM implied volatility averaged 48.0%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 11.2% (HV 20d: 59.2%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 9.09.

Notable Days

  • 2025-03-24: Highest Volume — 727 contracts
  • 2025-03-18: Largest IV spike — 57.9% change
  • 2025-03-18: Highest IV Rank — 16.5%
  • 2025-03-13: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.15$13.17$15.26$15.06$13.17
Max Pain$14.47$12.50$17.50$12.50$15.00
ATM IV48.0%25.3%71.0%40.9%64.6%
Expected Move15.1%10.1%24.9%11.7%23.2%
HV 20d59.2%28.8%81.2%78.7%33.8%
HV 60d51.8%51.0%54.0%54.0%52.6%
IV Rank8.2%0.1%16.5%5.7%14.2%
IV Percentile25.4%0.8%70.2%9.1%61.5%
Term Structure2.2%-23.2%33.9%5.0%33.9%
VWIV68.3%30.4%313.6%41.3%30.4%
Skew 25d14.2%-8.0%47.7%32.7%41.9%
Skew 10d27.0%-8.1%77.5%54.0%77.5%
Call IV 25d42.9%21.1%59.6%36.7%41.6%
Put IV 25d57.1%35.8%83.6%69.3%83.6%
Bid-Ask Spread %114.49104.28122.69109.11110.39
Gamma HHI0.600.390.810.700.69
Net GEX15.0K3.3K29.5K22.1K16.7K
Net DEX-455.6K-1.0M-111.4K-927.5K-293.4K
Net VEX-2.6K-3.8K-1.7K-3.3K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.090.00101.002.920.00
Total Volume50.4290727471
Total OI2,013.9059942,3942,3941,664

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$15.06$12.5040.9%11.7%78.7%5.7%41.3%32.7%5.0%22.1K-927.5K-3.3K2.92109.11N/AN/A12351,942452
2025-03-04$15.12$12.5040.6%11.6%78.1%5.6%43.3%-8.0%-12.5%22.5K-978.6K-3.4K0.26115.54N/AN/A62161,946442
2025-03-05$15.26$12.5045.6%13.1%77.6%7.4%49.4%4.9%5.2%29.5K-1.0M-3.3K0.14104.28N/AN/A711,938437
2025-03-06$14.92$12.5041.2%11.8%78.4%5.8%33.2%8.3%-5.0%15.1K-762.7K-2.6K0.33114.19N/AN/A931,937438
2025-03-07$14.97$12.5048.7%14.0%78.4%8.5%313.6%1.5%-7.6%23.0K-830.2K-2.7K0.00109.27N/AN/A1101,945439
2025-03-10$14.23$15.0050.9%14.6%80.9%9.3%48.3%5.2%-5.4%8.7K-274.2K-2.5K0.00107.15N/AN/A021,677439
2025-03-11$14.23$15.0049.5%18.4%80.3%8.8%173.5%5.1%-12.5%15.2K-325.7K-2.8K0.00121.67N/AN/A021,677439
2025-03-12$14.13$15.0048.0%13.4%80.4%8.3%31.7%3.3%-13.9%8.3K-241.4K-2.4K0.00112.36N/AN/A081,677439
2025-03-13$13.75$15.0068.1%24.9%80.8%15.5%46.5%16.5%-22.0%5.4K-151.5K-2.3K0.00112.95N/AN/A0341,677436
2025-03-14$13.69$15.0051.9%19.9%80.7%9.7%0.0%-0.5%-12.8%3.3K-167.5K-2.3K0.00118.24N/AN/A001,677434
2025-03-17$13.97$15.0045.0%10.1%80.9%7.2%46.0%3.9%-23.0%6.2K-193.4K-2.2K101.00111.44N/AN/A11011,677434
2025-03-18$13.73$15.0071.0%12.7%81.2%16.5%0.0%13.6%-23.2%8.7K-163.2K-2.3K0.00117.75N/AN/A011,678483
2025-03-19$13.90$15.0038.6%10.6%35.3%4.9%34.5%28.1%4.3%11.1K-111.4K-1.7K0.00122.69N/AN/A201,678434
2025-03-20$13.84$0.0051.5%17.0%31.1%9.5%0.0%-4.4%6.8%10.7K-264.8K-2.1K0.00119.39N/AN/A001,677400
2025-03-21$13.64$0.0054.5%17.4%28.8%10.6%46.1%12.6%13.6%10.0K-376.6K-2.2K1.00116.44N/AN/A331,677318
2025-03-24$13.96$15.0039.1%15.8%31.4%5.1%48.0%6.7%29.7%11.2K-314.8K-1.9K0.08118.25N/AN/A6765189896
2025-03-25$14.23$17.5025.3%12.1%30.6%0.1%38.1%47.7%17.8%21.7K-684.7K-3.8K0.00115.29N/AN/A501,57497
2025-03-26$14.03$15.0030.5%12.7%30.5%2.0%0.0%29.2%18.6%22.7K-558.1K-3.3K0.00114.03N/AN/A001,57697
2025-03-27$14.00$15.0042.3%15.1%30.0%6.2%0.0%27.1%33.9%22.8K-549.0K-3.3K0.00119.16N/AN/A001,57697
2025-03-28$13.22$15.0059.2%17.2%35.2%12.3%0.0%23.6%16.4%19.0K-385.9K-2.6K3.33114.78N/AN/A3101,57697
2025-03-31$13.17$15.0064.6%23.2%33.8%14.2%30.4%41.9%33.9%16.7K-293.4K-2.3K0.00110.39N/AN/A101,57787