AEO Options History — June 2013 In June 2013, AEO traded between $17.62 and $19.90. ATM implied volatility averaged 29.1%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 6.9% (HV 20d: 22.2%). Max pain ranged from $19.00 to $21.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.99.
Notable Days 2013-06-24 : Highest Volume — 5,833 contracts2013-06-20 : Largest IV spike — 11.2% change2013-06-12 : Highest IV Rank — 32.7%2013-06-24 : Largest Expected Move — 8.8%Monthly Statistics Metric Avg Min Max Open Close Price $18.92 $17.62 $19.90 $19.67 $18.26 Max Pain $19.40 $19.00 $21.00 $21.00 $19.00 ATM IV 29.1% 25.8% 30.8% 30.3% 26.1% Expected Move 8.4% 7.4% 8.8% 8.7% 7.5% HV 20d 22.2% 20.1% 27.1% 20.1% 24.2% HV 60d 24.3% 23.1% 25.3% 25.3% 24.5% IV Rank 27.0% 15.8% 32.7% 30.9% 16.9% IV Percentile 21.8% 0.8% 40.9% 31.7% 2.0% Term Structure 2.0% -0.1% 4.0% -0.1% 3.4% VWIV 29.1% 25.1% 30.9% 30.4% 25.1% Skew 25d 2.8% 0.5% 5.3% 2.1% 2.4% Skew 10d 9.8% 6.3% 16.1% 10.2% 8.9% Call IV 25d 28.4% 23.7% 31.8% 29.9% 23.7% Put IV 25d 31.2% 26.1% 33.3% 32.0% 26.1% Bid-Ask Spread % 20.16 11.38 29.79 22.40 19.49 Gamma HHI 0.15 0.14 0.16 0.16 0.16 Net GEX 413.7K 133.5K 735.7K 537.9K 290.0K Net DEX 3.6M -8.3M 16.9M -4.3M 3.5M Net VEX -222.9K -272.2K -169.3K -264.3K -184.4K Div Yield 0.0% 0.0% 0.0% 0.0% 0.0% P/C Ratio 0.99 0.04 3.90 0.30 0.68 Total Volume 1,299.8 289 5,833 3,109 289 Total OI 73,036.85 62,902 77,243 74,000 63,978
Daily Data (20 trading days) Date Price Max Pain ATM IV Exp Move HV 20d IV Rank VWIV Skew 25d Term Str GEX DEX VEX P/C Spread % Call Vol Put Vol Call OI Put OI 2013-06-03 $19.67 $21.00 30.3% 8.7% 20.1% 30.9% 30.4% 2.1% -0.1% 537.9K -4.3M -264.3K 0.30 22.40 2,400 709 46,858 27,142 2013-06-04 $19.88 $21.00 29.5% 8.5% 20.2% 28.4% 29.3% 0.7% 0.5% 712.6K -8.3M -272.2K 0.55 21.73 872 483 48,023 26,986 2013-06-05 $19.56 $21.00 30.6% 8.8% 20.9% 32.1% 30.0% 0.5% 0.7% 619.1K -3.8M -262.8K 0.29 17.88 404 117 48,244 27,243 2013-06-06 $19.72 $21.00 29.1% 8.4% 21.0% 27.1% 29.6% 1.9% 1.1% 663.1K -5.2M -264.8K 0.33 15.97 425 139 48,233 27,268 2013-06-07 $19.90 $19.00 27.8% 8.4% 21.1% 22.5% 28.6% 3.4% 1.5% 735.7K -8.0M -267.1K 0.81 13.69 526 425 48,129 27,368 2013-06-10 $19.58 $19.00 29.9% 8.4% 21.7% 29.8% 30.3% 3.7% 1.7% 645.2K -2.4M -252.0K 0.69 11.38 370 255 48,294 27,448 2013-06-11 $19.27 $19.00 29.1% 8.7% 22.3% 27.0% 30.5% 2.8% 2.2% 535.0K 2.4M -243.4K 1.07 17.49 276 294 48,535 27,634 2013-06-12 $19.00 $19.00 30.8% 8.6% 20.9% 32.7% 30.3% 2.9% 2.4% 438.1K 5.8M -231.6K 2.10 18.88 235 493 48,635 27,760 2013-06-13 $19.25 $19.00 30.3% 8.7% 21.5% 30.9% 29.7% 3.5% 1.9% 539.2K 2.5M -240.7K 0.18 19.72 615 109 48,711 27,825 2013-06-14 $19.05 $19.00 29.9% 8.6% 21.7% 29.5% 30.9% 3.3% 2.0% 435.3K 5.7M -230.1K 1.32 19.85 138 182 49,144 27,817 2013-06-17 $19.05 $19.00 29.0% 8.3% 21.0% 26.7% 28.9% 3.5% 2.9% 375.3K 6.3M -225.2K 0.85 23.92 225 192 49,080 27,963 2013-06-18 $19.16 $19.00 28.8% 8.3% 20.9% 26.1% 29.0% 3.7% 2.2% 416.6K 5.2M -224.8K 1.27 19.91 288 367 49,087 28,061 2013-06-19 $18.72 $19.00 27.6% 7.9% 21.9% 21.9% 27.9% 2.6% 3.4% 158.6K 11.4M -208.9K 2.81 24.05 322 904 49,190 28,053 2013-06-20 $18.27 $19.00 30.7% 8.8% 22.5% 32.2% 30.2% 2.7% 1.6% 204.4K 16.0M -191.3K 1.88 28.88 838 1,577 49,014 27,833 2013-06-21 $18.23 $19.00 30.0% 8.6% 22.0% 30.1% 29.9% 3.0% 2.1% 183.9K 16.9M -187.4K 3.90 17.90 259 1,011 48,824 28,157 2013-06-24 $17.62 $19.00 30.7% 8.8% 24.3% 32.3% 30.5% 2.8% 1.3% 133.5K 9.5M -169.3K 0.11 21.00 5,274 559 43,170 19,732 2013-06-25 $18.11 $19.00 28.5% 8.2% 27.1% 25.1% 28.0% 5.3% 2.1% 215.4K 6.2M -178.9K 0.16 25.00 1,138 185 43,566 19,619 2013-06-26 $18.02 $19.00 25.8% 7.4% 25.4% 15.8% 26.3% 2.4% 4.0% 181.0K 7.4M -173.6K 0.45 29.79 875 391 43,883 19,702 2013-06-27 $18.15 $19.00 27.4% 7.8% 24.0% 21.2% 26.5% 2.8% 2.5% 253.8K 5.4M -184.7K 0.04 14.30 1,772 63 44,565 19,963 2013-06-28 $18.26 $19.00 26.1% 7.5% 24.2% 16.9% 25.1% 2.4% 3.4% 290.0K 3.5M -184.4K 0.68 19.49 172 117 44,531 19,447
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