ADEA Options History — October 2025

In October 2025, ADEA traded between $15.61 and $17.96. ATM implied volatility averaged 75.6%, placing in the 29.0% IV rank vs the trailing year. The 30-day expected move averaged 18.9%. IV traded above realized volatility by 37.1% (HV 20d: 38.5%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.25.

Notable Days

  • 2025-10-07: Highest Volume — 987 contracts
  • 2025-10-02: Largest IV spike — 83.7% change
  • 2025-10-14: Highest IV Rank — 75.4%
  • 2025-10-30: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.96$15.61$17.96$17.09$17.02
Max Pain$14.89$12.50$15.00$15.00$15.00
ATM IV75.6%29.7%159.8%29.7%95.8%
Expected Move18.9%8.5%28.2%8.5%27.5%
HV 20d38.5%25.6%44.6%25.9%43.2%
HV 60d40.9%36.4%43.5%38.5%36.4%
IV Rank29.0%3.8%75.4%3.8%40.2%
IV Percentile66.7%2.4%99.2%2.4%88.1%
Term Structure-21.7%-65.3%18.9%17.5%-54.3%
VWIV64.7%28.6%140.9%28.6%82.6%
Skew 25d16.3%-57.5%101.0%-8.9%53.7%
Skew 10d-18.9%-108.3%40.2%-26.2%40.2%
Call IV 25d62.0%25.6%88.1%42.9%61.5%
Put IV 25d78.3%30.6%137.8%34.0%115.1%
Bid-Ask Spread %121.72107.42131.64117.12130.89
Gamma HHI0.520.480.840.840.49
Net GEX60.8K36.7K92.5K36.7K62.5K
Net DEX-1.1M-1.9M-655.1K-694.8K-1.3M
Net VEX-4.3K-5.8K-3.4K-3.6K-4.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.003.000.090.00
Total Volume110.43509872510
Total OI2,136.0871,3812,4381,3812,435

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$17.09$15.0029.7%8.5%25.9%3.8%28.6%-8.9%17.5%36.7K-694.8K-3.6K0.09117.12N/AN/A2321,36417
2025-10-02$17.41$15.0054.6%15.7%25.7%17.5%36.2%10.3%-2.5%44.3K-680.1K-3.6K0.00120.67N/AN/A70811,37818
2025-10-03$17.42$15.0043.5%12.5%25.6%11.4%56.9%-57.5%-19.6%75.4K-1.4M-5.3K0.00110.35N/AN/A20602,07219
2025-10-06$17.96$15.0044.6%10.4%27.0%12.0%38.1%16.8%-12.6%92.5K-1.9M-5.8K0.00109.45N/AN/A1602,27019
2025-10-07$17.20$15.0052.2%14.3%31.7%16.2%49.5%23.0%-25.1%75.3K-1.5M-5.7K0.00107.93N/AN/A98702,31819
2025-10-08$16.54$15.0043.1%15.5%35.4%11.2%0.0%21.9%0.2%59.8K-987.3K-4.3K0.00121.23N/AN/A202,06419
2025-10-09$16.38$15.0076.1%16.0%34.6%29.4%0.0%16.0%-6.6%56.9K-958.7K-4.3K0.00119.35N/AN/A302,06619
2025-10-10$15.61$15.00139.2%22.5%38.9%64.0%0.0%14.4%3.3%38.9K-865.2K-3.7K0.00131.22N/AN/A1902,06919
2025-10-13$15.77$15.00104.9%16.5%39.0%45.2%52.2%-6.8%18.9%43.5K-655.1K-3.5K2.31124.87N/AN/A32742,06919
2025-10-14$16.69$15.00159.8%19.3%43.8%75.4%0.0%10.2%-37.7%47.2K-1.3M-5.2K0.00124.43N/AN/A502,07393
2025-10-15$17.16$15.0067.6%19.4%44.6%24.7%0.0%-13.5%-30.2%56.4K-1.1M-4.7K0.00128.16N/AN/A3302,07293
2025-10-16$16.71$15.0063.2%18.1%42.2%22.2%61.8%14.0%-11.3%54.4K-1.1M-4.5K0.00121.81N/AN/A1702,10393
2025-10-17$16.56$15.0064.8%18.6%42.1%23.1%80.8%-30.3%-41.4%52.9K-832.0K-3.7K0.00128.25N/AN/A902,10793
2025-10-20$16.86$15.0066.8%19.2%42.3%24.2%59.6%24.8%-26.2%60.6K-950.1K-4.0K0.00123.40N/AN/A702,05880
2025-10-21$17.04$15.0075.7%21.7%42.5%29.1%0.0%-5.8%-60.6%58.2K-994.9K-4.0K0.00131.64N/AN/A002,06180
2025-10-22$16.88$15.0067.4%19.3%42.4%24.6%60.3%14.9%-21.3%62.4K-789.6K-3.4K0.10123.68N/AN/A5052,06180
2025-10-23$16.88$15.0077.3%22.2%42.3%30.0%0.0%101.0%-9.3%66.5K-1.1M-4.3K0.00131.10N/AN/A502,11185
2025-10-24$17.11$15.0079.7%22.9%42.4%31.3%0.0%85.1%-5.5%65.0K-1.2M-4.4K0.00114.31N/AN/A1202,11685
2025-10-27$17.55$15.0054.8%15.7%43.2%17.6%71.4%26.4%-37.3%74.0K-1.3M-4.4K0.00112.97N/AN/A6902,12285
2025-10-28$17.81$15.0084.2%24.1%43.2%33.8%72.0%11.9%-17.0%76.2K-1.5M-4.6K0.00107.42N/AN/A22602,15485
2025-10-29$17.43$12.5094.3%27.0%43.1%39.3%140.9%36.3%-55.1%67.5K-1.5M-4.5K0.00130.70N/AN/A1102,35385
2025-10-30$17.06$15.0098.5%28.2%43.2%41.7%80.2%16.9%-65.3%70.8K-1.2M-4.1K3.00128.59N/AN/A262,34485
2025-10-31$17.02$15.0095.8%27.5%43.2%40.2%82.6%53.7%-54.3%62.5K-1.3M-4.3K0.00130.89N/AN/A1002,34491