ADEA Options History — January 2026

In January 2026, ADEA traded between $17.45 and $19.93. ATM implied volatility averaged 54.0%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded below realized volatility by 24.8% (HV 20d: 78.8%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 64.38.

Notable Days

  • 2026-01-16: Highest Volume — 3,459 contracts
  • 2026-01-12: Largest IV spike — 116.5% change
  • 2026-01-12: Highest IV Rank — 39.7%
  • 2026-01-29: Largest Expected Move — 19.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.73$17.45$19.93$17.45$18.20
Max Pain$17.25$15.00$17.50$15.00$17.50
ATM IV54.0%33.6%94.9%54.4%63.5%
Expected Move15.8%9.6%19.5%15.6%18.2%
HV 20d78.8%35.7%103.0%100.5%37.8%
HV 60d79.8%71.8%81.1%80.5%71.8%
IV Rank17.2%6.0%39.7%17.4%22.4%
IV Percentile50.7%6.0%90.5%54.4%72.2%
Term Structure-7.9%-36.7%9.2%-7.8%-17.9%
VWIV53.0%42.9%63.9%59.2%51.4%
Skew 25d7.0%-27.9%47.2%17.1%44.3%
Skew 10d23.2%-36.2%134.4%27.4%134.4%
Call IV 25d53.9%38.5%70.6%44.7%68.7%
Put IV 25d60.9%34.0%113.1%61.9%113.1%
Bid-Ask Spread %124.18110.13132.89110.13132.89
Gamma HHI0.630.510.950.790.58
Net GEX-97.7K-343.5K76.2K62.3K-112.1K
Net DEX-815.3K-2.7M1.2M-1.5M969.6K
Net VEX-9.7K-12.5K-5.8K-5.8K-12.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio64.380.001152.000.070.04
Total Volume436.753,4591547
Total OI6,209.352,6857,0492,6856,547

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$17.45$15.0054.4%15.6%100.5%17.4%59.2%17.1%-7.8%62.3K-1.5M-5.8K0.07110.13N/AN/A1412,459226
2026-01-05$18.59$15.0045.6%14.3%101.3%12.6%54.8%25.1%-0.3%70.5K-2.0M-6.4K41.11112.35N/AN/A712,9192,462227
2026-01-06$18.41$17.5051.7%15.9%101.7%15.9%63.9%-20.2%1.1%-133.4K-566.7K-9.4K10.11125.67N/AN/A1091,1022,4443,194
2026-01-07$18.11$17.5047.1%15.7%102.5%13.4%0.0%0.1%-8.2%-257.3K211.2K-10.1K15.86125.93N/AN/A71112,4754,248
2026-01-08$17.91$17.5042.7%18.4%103.0%11.0%0.0%-27.9%-7.8%-343.5K584.4K-9.9K0.00129.72N/AN/A0122,4734,358
2026-01-09$18.55$17.5043.9%15.2%102.2%11.6%48.9%14.0%-9.4%-223.6K-575.6K-8.9K0.56124.99N/AN/A90502,4734,359
2026-01-12$18.84$17.5094.9%16.8%101.9%39.7%54.1%9.9%-7.6%-146.3K-1.4M-8.0K0.00127.79N/AN/A1302,5344,365
2026-01-13$18.75$17.5050.8%17.0%100.8%15.4%53.2%-13.2%-36.7%-136.4K-1.6M-7.3K0.25126.36N/AN/A412,5404,365
2026-01-14$18.88$17.5057.6%16.5%100.1%19.2%55.0%8.7%-5.7%-83.6K-1.9M-6.9K0.00122.21N/AN/A2002,5444,366
2026-01-15$19.25$17.5052.3%15.0%100.0%16.2%53.8%33.4%9.2%-76.9K-1.9M-7.1K0.06123.96N/AN/A177112,5554,366
2026-01-16$19.45$17.5056.5%16.2%99.1%18.5%50.7%7.9%-13.1%76.2K-2.7M-6.4K1152.00123.59N/AN/A33,4562,6734,376
2026-01-20$19.15$17.5039.2%11.2%99.9%9.0%59.5%19.6%4.5%-58.2K-845.8K-12.1K1.45114.08N/AN/A711032,2134,120
2026-01-21$19.87$17.5062.4%17.9%99.0%21.8%60.2%-12.8%-6.7%-57.0K-784.5K-12.4K0.00121.84N/AN/A4102,2254,122
2026-01-22$19.93$17.5045.2%13.0%35.7%12.4%48.3%2.3%1.7%-32.7K-1.7M-10.8K0.00124.20N/AN/A20002,2654,123
2026-01-23$19.46$17.5033.6%9.6%36.1%6.0%43.4%-10.1%4.3%-58.2K-1.1M-12.2K0.00126.33N/AN/A3302,3564,123
2026-01-26$19.00$17.5046.1%13.2%37.6%12.8%50.7%-10.9%2.2%-76.7K-391.0K-12.5K1.00130.13N/AN/A442,3784,123
2026-01-27$18.43$17.5062.5%17.9%39.1%21.8%53.4%3.3%-11.3%-82.0K-29.5K-12.3K0.00126.54N/AN/A702,3784,126
2026-01-28$18.41$17.5062.8%18.0%39.1%22.0%51.3%3.3%-16.0%-104.7K-184.4K-11.6K0.67127.26N/AN/A322,3774,126
2026-01-29$18.02$17.5068.0%19.5%38.9%24.9%42.9%47.2%-33.5%-180.2K1.2M-12.1K0.02127.56N/AN/A4712,3784,125
2026-01-30$18.20$17.5063.5%18.2%37.8%22.4%51.4%44.3%-17.9%-112.1K969.6K-12.3K0.04132.89N/AN/A4522,4214,126