AEO Options History — February 2018

In February 2018, AEO traded between $17.21 and $19.79. ATM implied volatility averaged 54.4%, placing in the 62.1% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded above realized volatility by 23.7% (HV 20d: 30.7%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.20.

Notable Days

  • 2018-02-12: Highest Volume — 19,363 contracts
  • 2018-02-05: Largest IV spike — 24.9% change
  • 2018-02-12: Highest IV Rank — 92.6%
  • 2018-02-12: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.26$17.21$19.79$18.05$19.30
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV54.4%40.1%67.0%40.1%52.8%
Expected Move16.6%13.9%19.1%13.9%17.9%
HV 20d30.7%27.1%34.6%32.4%31.6%
HV 60d37.3%34.7%39.5%38.9%34.7%
IV Rank62.1%27.3%92.6%27.3%58.2%
IV Percentile85.4%54.4%98.8%54.4%82.9%
Term Structure-0.8%-5.1%12.2%12.2%-3.1%
VWIV58.5%49.0%67.4%49.0%62.2%
Skew 25d6.6%3.7%11.5%3.7%5.1%
Skew 10d15.4%-4.6%42.6%10.5%9.1%
Call IV 25d51.3%36.0%60.6%36.0%51.4%
Put IV 25d57.8%39.7%69.8%39.7%56.5%
Bid-Ask Spread %25.7816.7342.0123.7924.89
Gamma HHI0.350.260.440.350.36
Net GEX481.7K212.8K642.0K642.0K529.6K
Net DEX-23.9M-30.8M-16.8M-27.3M-27.1M
Net VEX-132.9K-163.2K-119.9K-127.7K-163.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.294.640.610.29
Total Volume7,696.1053,31819,3635,09216,093
Total OI54,329.15846,19164,32351,28755,825

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-02-01$18.05$18.0040.1%13.9%32.4%27.3%49.0%3.7%12.2%642.0K-27.3M-127.7K0.6123.793,1531,93934,63816,649
2018-02-02$17.55$18.0043.1%14.0%33.9%34.6%49.3%4.1%12.1%513.6K-22.9M-121.1K0.7123.093,1232,22334,66816,750
2018-02-05$17.21$18.0053.8%15.8%34.2%60.6%54.5%11.5%1.6%447.4K-20.9M-119.9K0.6942.013,6772,53234,19016,680
2018-02-06$17.43$18.0057.2%17.0%34.6%68.9%58.0%6.5%0.1%460.2K-21.9M-121.9K0.7041.453,6802,56034,62817,257
2018-02-07$17.88$18.0055.4%15.6%33.5%64.5%55.7%5.2%-1.8%575.9K-26.0M-124.9K0.6623.303,5872,35235,14417,658
2018-02-08$17.55$18.0058.3%16.6%34.0%71.4%58.4%5.0%-1.6%516.1K-23.5M-124.8K0.8428.653,5683,00535,27517,696
2018-02-09$17.70$18.0066.5%18.2%31.6%91.4%63.7%8.6%-4.3%533.8K-23.6M-127.1K1.3137.563,6864,81935,48218,803
2018-02-12$17.39$18.0067.0%19.1%31.8%92.6%67.4%9.1%-4.1%359.3K-20.1M-122.6K4.6431.873,43115,93235,90220,474
2018-02-13$17.65$18.0060.1%17.2%27.1%75.9%61.9%9.8%-4.9%212.8K-17.1M-138.4K1.5625.513,3855,29436,22327,836
2018-02-14$18.27$18.0057.6%16.5%29.2%69.9%57.3%7.9%-5.1%517.4K-26.4M-137.1K1.2319.033,3904,17436,28728,036
2018-02-15$18.17$18.0054.8%15.8%29.0%62.9%55.4%4.8%-3.2%609.1K-25.3M-135.0K1.4319.912,9444,20036,38327,706
2018-02-16$18.45$18.0053.0%15.4%28.1%58.7%54.9%5.7%-2.1%261.0K-30.3M-130.4K0.8022.125,3974,30836,41327,417
2018-02-20$18.36$18.0053.1%16.5%27.2%58.9%58.6%6.6%-2.7%315.2K-16.8M-129.8K1.6624.731,2492,06927,52318,668
2018-02-21$18.84$18.0051.9%16.6%28.8%56.1%56.8%5.9%-1.8%417.0K-21.4M-136.3K0.6922.833,7852,62028,33719,653
2018-02-22$18.86$18.0051.8%16.6%27.3%55.9%59.6%6.2%-2.1%465.1K-21.9M-141.5K1.8921.102,3714,47730,08920,505
2018-02-23$19.19$18.0052.2%16.4%27.9%56.8%60.1%6.5%-2.9%542.3K-25.4M-142.6K0.8416.732,2181,85430,69220,978
2018-02-26$19.79$18.0049.6%17.2%29.6%50.5%63.1%6.1%0.2%633.8K-30.8M-139.8K1.0918.672,2152,42030,56019,968
2018-02-27$19.22$18.0055.8%18.7%31.7%65.6%65.9%6.8%-2.4%601.4K-26.3M-140.6K1.1722.563,9204,57631,32819,933
2018-02-28$19.30$18.0052.8%17.9%31.6%58.2%62.2%5.1%-3.1%529.6K-27.1M-163.2K0.2924.8912,4683,62533,84021,985