AEO Options History — July 2018

In July 2018, AEO traded between $22.96 and $25.70. ATM implied volatility averaged 39.6%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 2.3% (HV 20d: 37.2%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.14.

Notable Days

  • 2018-07-12: Highest Volume — 20,619 contracts
  • 2018-07-12: Largest IV spike — 8.3% change
  • 2018-07-31: Highest IV Rank — 48.5%
  • 2018-07-16: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.26$22.96$25.70$23.82$25.22
Max Pain$24.00$24.00$24.00$24.00$24.00
ATM IV39.6%34.3%49.4%35.0%49.4%
Expected Move10.8%10.0%11.8%10.0%10.9%
HV 20d37.2%34.1%40.6%34.8%36.5%
HV 60d32.7%30.8%34.8%30.8%34.5%
IV Rank24.2%11.2%48.5%12.8%48.5%
IV Percentile42.9%10.7%75.0%16.3%75.0%
Term Structure2.8%-2.4%6.4%1.3%-1.6%
VWIV39.4%34.7%51.3%34.9%38.0%
Skew 25d4.7%1.9%6.5%5.2%4.4%
Skew 10d11.4%5.9%20.9%11.2%10.8%
Call IV 25d37.7%32.2%47.8%33.6%47.8%
Put IV 25d42.3%37.8%53.3%38.8%52.3%
Bid-Ask Spread %16.5312.5528.8117.5913.75
Gamma HHI0.230.150.290.260.15
Net GEX-158.9K-978.6K842.0K-658.9K740.3K
Net DEX-26.5M-57.3M-2.8M-9.5M-52.2M
Net VEX-173.5K-218.0K-125.0K-130.4K-213.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.083.582.290.46
Total Volume8,697.8574,28720,6194,89310,756
Total OI59,908.90544,01777,36544,01777,365

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$23.82$24.0035.0%10.0%34.8%12.8%34.9%5.2%1.3%-658.9K-9.5M-130.4K2.2917.591,4853,40816,08127,936
2018-07-03$23.98$24.0036.2%10.2%34.1%15.8%34.8%4.3%1.5%-546.3K-10.8M-131.4K3.5828.339833,51916,62728,360
2018-07-05$23.51$24.0036.6%10.9%34.7%16.7%51.3%5.5%1.1%-628.2K-6.9M-131.2K3.3119.199983,30016,68428,715
2018-07-06$24.21$24.0035.4%10.6%36.4%13.8%51.0%5.8%0.3%-700.9K-13.0M-128.7K2.8913.391,1583,35016,85428,728
2018-07-09$24.24$24.0035.1%10.5%36.4%13.1%34.7%5.8%1.5%-683.6K-12.7M-125.0K2.5014.881,2243,06316,49328,388
2018-07-10$24.49$24.0034.3%10.7%35.8%11.2%37.2%5.3%2.4%-634.8K-15.0M-125.1K1.3213.502,3333,07816,97328,672
2018-07-11$23.92$24.0035.5%10.7%36.7%14.2%35.4%4.3%1.5%-545.3K-12.5M-132.2K0.9516.743,0462,89119,27628,844
2018-07-12$22.97$24.0038.5%11.4%39.2%21.5%40.0%4.2%1.8%-665.1K-2.8M-134.8K0.3115.8615,7004,91918,55928,881
2018-07-13$22.96$24.0038.6%11.5%38.8%21.8%40.7%2.4%2.0%-297.6K-11.6M-191.9K0.8416.684,4923,76628,67731,604
2018-07-16$23.25$24.0040.4%11.8%39.2%26.2%43.0%6.0%3.4%-340.0K-13.0M-194.4K0.6528.813,5162,27328,43932,807
2018-07-17$23.92$24.0038.2%11.1%40.5%20.9%39.6%4.6%4.7%-223.4K-22.8M-193.3K0.7418.494,0783,00129,07832,963
2018-07-18$24.26$24.0039.1%11.2%40.6%23.1%39.5%3.9%3.7%-273.5K-28.0M-193.1K0.6515.152,8591,85729,83033,980
2018-07-19$24.45$24.0038.3%10.8%36.3%20.9%38.3%1.9%3.7%-154.6K-33.1M-185.2K0.4712.996,2302,90830,24834,011
2018-07-20$23.90$24.0038.4%10.5%36.3%21.2%36.9%4.7%4.5%-978.6K-26.5M-198.3K0.4612.603,0761,42532,95035,124
2018-07-23$24.81$24.0040.5%10.6%37.1%26.5%37.6%4.4%5.5%121.5K-38.7M-186.7K0.0814.4518,5841,49130,97031,655
2018-07-24$24.51$24.0041.6%10.9%36.1%29.3%39.4%4.4%5.3%444.7K-40.1M-208.9K0.2917.767,4652,19239,59631,872
2018-07-25$25.53$24.0042.4%10.9%38.4%31.2%37.6%4.2%6.4%677.1K-54.2M-200.7K0.2915.078,0132,31539,79132,937
2018-07-26$25.70$24.0043.9%10.8%37.7%35.0%37.5%5.1%5.7%842.0K-57.3M-203.8K0.2615.957,4711,93540,49133,322
2018-07-27$24.75$24.0046.1%10.9%39.1%40.6%41.8%5.2%5.6%524.3K-45.8M-218.0K1.1112.558,4519,36743,32733,904
2018-07-30$25.05$24.0047.7%11.0%37.3%44.5%37.9%6.5%-2.4%643.6K-49.1M-217.3K0.4513.367,3543,32543,10833,967
2018-07-31$25.22$24.0049.4%10.9%36.5%48.5%38.0%4.4%-1.6%740.3K-52.2M-213.7K0.4613.757,3443,41243,40033,965