AEO Options History — October 2017 In October 2017, AEO traded between $12.80 and $14.30. ATM implied volatility averaged 38.1%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 8.4% (HV 20d: 29.7%). Max pain ranged from $12.00 to $13.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.93.
Notable Days 2017-10-04 : Highest Volume — 10,219 contracts2017-10-30 : Largest IV spike — 15.9% change2017-10-31 : Highest IV Rank — 45.5%2017-10-31 : Largest Expected Move — 12.5%Monthly Statistics Metric Avg Min Max Open Close Price $13.46 $12.80 $14.30 $14.30 $13.02 Max Pain $12.23 $12.00 $13.00 $12.00 $13.00 ATM IV 38.1% 34.8% 47.0% 34.8% 47.0% Expected Move 11.0% 10.0% 12.5% 10.0% 12.5% HV 20d 29.7% 26.4% 34.5% 29.5% 33.4% HV 60d 40.7% 39.4% 41.6% 41.6% 41.3% IV Rank 23.3% 15.4% 45.5% 16.8% 45.5% IV Percentile 50.1% 32.5% 88.9% 32.5% 88.9% Term Structure 2.1% -3.3% 8.1% -0.3% 6.1% VWIV 38.4% 34.8% 44.9% 36.9% 44.6% Skew 25d 2.9% -1.8% 5.1% 4.8% 3.1% Skew 10d 8.8% -6.0% 23.8% 9.6% 7.3% Call IV 25d 37.0% 33.0% 47.5% 33.0% 45.8% Put IV 25d 40.0% 34.9% 51.0% 37.9% 48.8% Bid-Ask Spread % 10.53 6.48 14.82 12.86 8.08 Gamma HHI 0.18 0.12 0.29 0.24 0.14 Net GEX 202.1K 22.6K 443.6K 418.8K 68.6K Net DEX -7.0M -15.2M -980.5K -15.2M -2.1M Net VEX -93.6K -102.7K -85.2K -102.7K -85.2K Div Yield 0.0% 0.0% 0.0% 0.0% 0.0% P/C Ratio 0.93 0.18 1.81 1.71 0.91 Total Volume 6,082 4,397 10,219 5,153 4,565 Total OI 53,820.5 50,735 56,778 53,679 50,764
Daily Data (22 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 2017-10-02 $14.30 $12.00 34.8% 10.0% 29.5% 16.8% 36.9% 4.8% -0.3% 418.8K -15.2M -102.7K 1.71 12.86 1,903 3,250 28,752 24,927 2017-10-03 $13.91 $12.00 35.9% 10.6% 32.0% 17.7% 34.8% 1.6% -0.5% 376.8K -12.2M -100.0K 1.81 10.12 1,887 3,413 29,020 25,182 2017-10-04 $13.58 $12.00 35.6% 10.5% 32.5% 17.1% 44.4% 1.3% 0.9% 235.4K -9.1M -96.2K 0.18 13.42 8,633 1,586 29,195 25,397 2017-10-05 $13.84 $12.00 34.9% 10.5% 31.6% 15.4% 35.4% -1.8% -0.9% 443.6K -10.1M -99.7K 0.28 13.96 5,426 1,498 27,740 25,465 2017-10-06 $13.67 $12.00 36.6% 10.7% 30.7% 19.5% 36.4% 1.7% -0.6% 326.4K -8.6M -97.6K 0.28 12.07 5,663 1,584 28,499 25,534 2017-10-09 $13.39 $12.00 37.4% 11.1% 32.1% 21.5% 38.4% 3.1% 0.8% 267.9K -6.7M -97.0K 0.62 8.74 3,077 1,897 28,409 25,238 2017-10-10 $13.62 $12.00 37.2% 10.6% 26.9% 21.0% 37.3% 3.6% 0.0% 344.1K -8.3M -97.6K 0.65 9.97 2,904 1,899 28,507 25,330 2017-10-11 $13.13 $12.00 37.4% 10.9% 27.4% 21.4% 38.1% 2.6% 0.4% 162.7K -4.5M -92.8K 0.81 11.01 3,538 2,865 28,550 25,429 2017-10-12 $13.02 $12.00 37.7% 11.0% 27.5% 22.3% 38.3% 3.9% 1.5% 100.4K -3.3M -92.8K 0.72 11.52 3,437 2,485 28,895 26,790 2017-10-13 $13.00 $12.00 37.6% 10.9% 27.5% 22.1% 35.2% 3.3% 1.3% 89.1K -3.2M -91.6K 0.71 8.06 3,268 2,328 28,927 26,998 2017-10-16 $12.93 $12.00 38.4% 11.0% 27.2% 24.0% 38.4% 2.0% 1.4% 76.3K -2.4M -90.4K 1.10 6.99 3,086 3,381 27,857 26,985 2017-10-17 $12.80 $12.00 37.9% 10.9% 26.6% 22.8% 37.9% 3.6% 0.5% 22.6K -980.5K -90.8K 1.09 6.48 2,993 3,266 27,940 28,220 2017-10-18 $12.97 $12.00 37.0% 10.6% 26.5% 20.5% 37.0% 2.6% -0.6% 81.5K -2.8M -91.2K 1.05 9.76 3,007 3,150 28,330 28,212 2017-10-19 $12.97 $12.00 38.3% 11.0% 26.4% 23.8% 38.3% 5.1% -1.0% 41.6K -2.6M -90.3K 1.07 8.25 3,038 3,264 28,308 28,241 2017-10-20 $13.50 $12.00 38.5% 11.4% 30.1% 24.2% 38.1% 1.4% -3.3% 92.7K -6.4M -93.3K 0.79 11.85 4,330 3,425 28,413 28,365 2017-10-23 $13.82 $12.00 36.4% 10.5% 30.8% 18.9% 36.8% 4.8% 6.6% 278.3K -9.4M -93.3K 1.12 10.41 2,979 3,345 24,675 26,203 2017-10-24 $13.94 $12.00 36.9% 10.5% 30.6% 20.2% 37.8% 4.6% 6.4% 286.2K -10.6M -93.1K 1.19 10.29 2,887 3,449 25,090 26,340 2017-10-25 $13.86 $13.00 37.5% 11.3% 30.0% 21.9% 38.9% 2.9% 7.7% 296.1K -10.2M -92.9K 1.28 10.12 2,621 3,345 25,210 26,813 2017-10-26 $14.03 $13.00 37.9% 10.9% 29.9% 22.7% 37.9% 4.2% 7.2% 211.6K -11.8M -91.4K 1.02 14.82 2,771 2,821 25,266 26,879 2017-10-27 $13.74 $13.00 40.4% 11.3% 30.6% 29.1% 38.7% 2.5% 8.1% 138.5K -9.7M -90.4K 1.21 11.81 2,332 2,811 25,543 26,878 2017-10-30 $13.11 $13.00 46.9% 12.3% 34.5% 45.1% 44.9% 3.5% 3.6% 86.4K -3.1M -87.9K 0.83 11.00 2,407 1,990 23,785 26,950 2017-10-31 $13.02 $13.00 47.0% 12.5% 33.4% 45.5% 44.6% 3.1% 6.1% 68.6K -2.1M -85.2K 0.91 8.08 2,394 2,171 23,664 27,100
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