ADEA Options History — March 2026

In March 2026, ADEA traded between $19.86 and $25.25. ATM implied volatility averaged 59.7%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 4.1% (HV 20d: 55.6%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 2.25.

Notable Days

  • 2026-03-09: Highest Volume — 7,859 contracts
  • 2026-03-09: Largest IV spike — 94.4% change
  • 2026-03-09: Highest IV Rank — 39.0%
  • 2026-03-06: Largest Expected Move — 27.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.86$19.86$25.25$20.17$24.08
Max Pain$19.09$17.50$20.00$17.50$20.00
ATM IV59.7%42.0%93.6%44.1%78.0%
Expected Move18.4%12.0%27.4%12.6%22.4%
HV 20d55.6%43.5%61.2%51.5%61.2%
HV 60d62.9%47.4%72.8%68.3%50.4%
IV Rank20.3%10.6%39.0%11.7%30.4%
IV Percentile59.8%27.4%90.5%33.3%84.1%
Term Structure-3.6%-40.8%35.9%19.5%-11.1%
VWIV61.7%45.0%100.9%45.4%57.4%
Skew 25d7.3%-39.0%43.2%-12.3%-1.3%
Skew 10d-4.6%-54.1%123.4%-40.6%3.9%
Call IV 25d66.7%32.4%100.8%60.5%96.1%
Put IV 25d74.0%45.2%118.6%48.2%94.8%
Bid-Ask Spread %80.6637.61127.65106.3068.85
Gamma HHI0.400.270.620.620.34
Net GEX50.7K-95.1K127.3K127.3K58.8K
Net DEX-4.2M-5.7M-2.6M-3.0M-3.3M
Net VEX-15.6K-25.6K-7.5K-7.6K-25.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.250.0017.940.001.46
Total Volume784.77367,859664
Total OI6,854.1363,52010,6053,5496,263

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$20.17$17.5044.1%12.6%51.5%11.7%45.4%-12.3%19.5%127.3K-3.0M-7.6K0.00106.30N/AN/A602,948601
2026-03-03$20.04$17.5042.0%12.0%50.5%10.6%54.5%0.4%-11.2%106.8K-2.6M-7.5K0.53114.21N/AN/A32172,946601
2026-03-04$20.80$17.5047.9%13.7%43.7%13.8%48.2%21.4%-0.7%122.2K-3.3M-7.6K0.00106.94N/AN/A1,34912,934586
2026-03-05$20.93$17.5042.8%20.9%43.5%11.0%0.0%23.3%3.2%113.2K-3.4M-9.2K0.11125.59N/AN/A913,237586
2026-03-06$19.86$17.5048.2%27.4%48.3%14.0%0.0%4.5%-40.8%98.1K-2.8M-9.6K0.19127.65N/AN/A1633,252587
2026-03-09$22.21$17.5093.6%23.6%59.2%39.0%81.9%43.0%-7.5%98.1K-4.2M-9.8K17.49121.90N/AN/A4257,4343,254585
2026-03-10$23.06$17.5054.9%20.3%58.1%17.7%65.2%5.3%-8.6%15.9K-5.4M-8.9K0.05119.17N/AN/A346163,4245,563
2026-03-11$23.20$17.5085.2%24.4%58.1%34.3%65.6%22.8%-34.4%82.2K-5.7M-9.8K2.54104.79N/AN/A3569063,6765,567
2026-03-12$22.88$20.0058.1%15.9%57.9%19.4%55.8%-16.4%1.2%-79.0K-4.2M-15.5K0.0457.26N/AN/A20583,6826,434
2026-03-13$22.75$20.0061.5%21.0%56.3%21.3%56.5%-34.4%-8.8%-95.1K-4.1M-16.3K0.0064.05N/AN/A1,53803,8386,441
2026-03-16$23.06$20.0068.7%19.2%56.1%25.3%0.0%14.6%-13.1%-68.2K-3.9M-18.9K0.0272.11N/AN/A33253,8096,441
2026-03-17$23.57$20.0063.3%20.0%56.0%22.3%0.0%43.2%-15.7%-42.1K-4.5M-18.9K1.1258.71N/AN/A41463,9886,446
2026-03-18$23.30$20.0057.1%16.8%56.1%18.9%83.9%30.8%-6.9%-30.0K-4.8M-18.1K0.0065.23N/AN/A13804,0186,501
2026-03-19$23.45$20.0044.0%16.5%55.7%11.7%45.0%25.0%1.1%70.2K-5.7M-17.1K0.0063.89N/AN/A10804,1046,501
2026-03-20$22.90$20.0050.8%14.2%57.0%15.4%51.1%12.0%12.3%74.2K-5.5M-16.2K0.3566.03N/AN/A43154,1016,501
2026-03-23$24.60$20.0052.4%13.8%60.2%16.3%54.2%-12.4%13.3%73.5K-4.1M-16.6K0.0345.59N/AN/A408142,977997
2026-03-24$25.25$20.0063.2%17.4%58.4%22.2%62.7%-16.7%-1.1%93.3K-4.9M-18.7K0.0059.87N/AN/A48503,5031,006
2026-03-25$25.02$20.0056.9%15.3%57.6%18.8%60.5%4.5%3.2%109.9K-5.4M-19.5K6.9437.61N/AN/A2491,7293,8841,006
2026-03-26$24.56$20.0075.7%21.7%58.3%29.1%100.9%32.6%-3.3%84.6K-4.6M-22.7K17.9469.17N/AN/A366463,9971,599
2026-03-27$24.11$20.0060.1%17.2%58.8%20.5%60.4%9.2%-4.8%59.1K-3.7M-25.1K0.0064.82N/AN/A6603,9902,219
2026-03-30$23.10$20.0064.3%18.4%60.2%22.9%57.4%-39.0%35.9%43.5K-2.6M-24.7K0.5954.72N/AN/A108643,9792,219
2026-03-31$24.08$20.0078.0%22.4%61.2%30.4%0.0%-1.3%-11.1%58.8K-3.3M-25.6K1.4668.85N/AN/A26384,0122,251