ADEA Options History — April 2025

In April 2025, ADEA traded between $11.20 and $13.44. ATM implied volatility averaged 68.6%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 17.9%. IV traded above realized volatility by 6.3% (HV 20d: 62.3%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.50.

Notable Days

  • 2025-04-28: Highest Volume — 74 contracts
  • 2025-04-04: Largest IV spike — 77.5% change
  • 2025-04-07: Highest IV Rank — 64.4%
  • 2025-04-07: Largest Expected Move — 34.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.09$11.20$13.44$13.30$12.31
Max Pain$12.98$12.50$15.00$15.00$12.50
ATM IV68.6%47.6%204.5%55.6%60.0%
Expected Move17.9%13.7%34.3%15.1%17.2%
HV 20d62.3%34.1%70.8%34.1%68.3%
HV 60d60.6%52.5%62.9%52.5%62.8%
IV Rank15.7%8.1%64.4%11.0%12.6%
IV Percentile52.1%23.0%98.0%42.9%56.7%
Term Structure-18.8%-49.9%16.1%-3.9%-21.0%
VWIV64.4%41.1%118.9%41.1%60.9%
Skew 25d28.9%-7.3%47.2%24.5%47.2%
Skew 10d53.3%4.8%80.8%73.7%75.7%
Call IV 25d52.6%38.1%72.3%38.1%52.9%
Put IV 25d81.5%55.3%105.8%62.6%100.1%
Bid-Ask Spread %113.94107.04120.66115.97110.16
Gamma HHI0.710.490.790.710.49
Net GEX13.2K9.4K19.7K18.3K10.9K
Net DEX-363.8K-596.7K-181.1K-341.4K-202.8K
Net VEX-2.2K-2.9K-1.1K-2.5K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.002.001.670.01
Total Volume6.61907410
Total OI1,665.5241,6341,6861,6651,675

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$13.30$15.0055.6%15.1%34.1%11.0%41.1%24.5%-3.9%18.3K-341.4K-2.5K0.00115.97N/AN/A011,57887
2025-04-02$13.44$15.0068.0%23.0%34.2%15.5%0.0%28.9%-37.0%19.7K-412.7K-2.6K0.00112.67N/AN/A001,57886
2025-04-03$12.23$15.0067.3%25.2%46.1%15.2%0.0%24.1%-41.8%14.1K-298.9K-2.3K0.00120.66N/AN/A011,57886
2025-04-04$11.31$15.00119.5%17.7%51.7%33.9%62.7%40.7%16.1%11.0K-289.2K-2.2K1.67118.07N/AN/A6101,57885
2025-04-07$11.20$12.50204.5%34.3%49.9%64.4%70.2%42.2%-49.9%10.6K-277.1K-2.2K0.20112.49N/AN/A511,58095
2025-04-08$11.27$12.5093.7%21.5%50.1%24.7%74.9%-7.3%-17.8%10.9K-220.5K-2.0K0.00109.76N/AN/A0101,58294
2025-04-09$12.60$12.5058.7%16.8%66.6%12.1%58.7%28.9%-15.0%15.0K-316.9K-2.3K0.60110.08N/AN/A531,582104
2025-04-10$11.75$12.5064.2%18.4%70.0%14.1%0.0%14.2%-19.7%11.4K-220.4K-2.0K0.00108.15N/AN/A001,579106
2025-04-11$11.77$12.5060.3%17.3%70.1%12.7%60.3%11.6%-16.9%11.9K-250.7K-2.0K2.00107.04N/AN/A121,579106
2025-04-14$11.92$12.5057.1%16.4%69.7%11.5%0.0%28.8%-15.9%13.1K-416.4K-2.7K0.00110.24N/AN/A001,580106
2025-04-15$12.12$12.5052.3%15.0%70.2%9.8%0.0%31.7%-9.9%13.6K-455.8K-2.7K0.00112.35N/AN/A001,580106
2025-04-16$11.94$12.5049.0%14.0%69.9%8.6%48.8%39.6%-18.6%12.9K-480.9K-2.9K0.00117.17N/AN/A201,580106
2025-04-17$11.96$12.5057.0%16.4%70.0%11.5%57.0%9.7%-15.4%13.2K-521.7K-2.8K0.00109.24N/AN/A101,580106
2025-04-21$11.61$12.5054.2%15.6%70.4%10.5%0.0%40.8%-12.6%11.3K-253.6K-1.7K0.00119.79N/AN/A001,57856
2025-04-22$11.79$12.5055.6%15.9%70.0%11.0%0.0%40.0%-19.9%13.0K-519.9K-2.7K0.00117.82N/AN/A001,57856
2025-04-23$11.97$12.5049.4%14.2%69.8%8.8%118.9%6.2%-17.1%13.4K-561.3K-2.7K0.00118.76N/AN/A101,57856
2025-04-24$12.22$12.5051.8%14.8%70.5%9.6%0.0%36.7%-20.7%14.0K-591.3K-2.7K0.00115.76N/AN/A001,57956
2025-04-25$12.36$12.5054.5%15.6%70.8%10.6%54.7%33.8%-7.3%9.4K-181.1K-1.1K0.00112.95N/AN/A1601,57956
2025-04-28$12.36$12.5060.9%17.4%68.2%12.9%60.9%47.2%-26.1%12.1K-230.8K-1.4K0.01116.00N/AN/A7311,59156
2025-04-29$12.48$12.5047.6%13.7%68.3%8.1%0.0%38.0%-23.2%16.7K-596.7K-2.7K0.00117.66N/AN/A001,61956
2025-04-30$12.31$12.5060.0%17.2%68.3%12.6%0.0%47.2%-21.0%10.9K-202.8K-1.1K0.00110.16N/AN/A001,61956