AEO Options History — November 2018

In November 2018, AEO traded between $19.33 and $22.83. ATM implied volatility averaged 56.1%, placing in the 66.2% IV rank vs the trailing year. The 30-day expected move averaged 16.3%. IV traded above realized volatility by 18.7% (HV 20d: 37.4%). Max pain ranged from $20.50 to $24.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.38.

Notable Days

  • 2018-11-29: Highest Volume — 16,317 contracts
  • 2018-11-05: Largest IV spike — 8.7% change
  • 2018-11-20: Highest IV Rank — 83.5%
  • 2018-11-30: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.11$19.33$22.83$21.99$21.00
Max Pain$22.12$20.50$24.00$23.00$22.00
ATM IV56.1%49.7%63.4%49.9%56.7%
Expected Move16.3%14.0%18.7%14.3%18.7%
HV 20d37.4%34.6%40.7%37.1%36.0%
HV 60d39.0%35.1%41.4%41.3%35.1%
IV Rank66.2%49.5%83.5%49.9%72.0%
IV Percentile90.3%79.8%98.0%80.2%92.1%
Term Structure-1.1%-5.1%10.9%10.9%-3.1%
VWIV55.7%48.4%65.4%51.1%65.4%
Skew 25d5.3%-1.2%7.9%3.5%5.3%
Skew 10d11.0%-1.8%15.8%6.9%10.2%
Call IV 25d53.5%45.6%59.5%45.9%55.8%
Put IV 25d58.8%49.2%65.5%49.4%61.1%
Bid-Ask Spread %19.5616.1724.3317.7419.81
Gamma HHI0.180.100.240.180.20
Net GEX-389.2K-1.1M-10.4K-487.9K-675.6K
Net DEX4.8M-7.0M17.8M4.9M8.0M
Net VEX-106.8K-131.5K-86.4K-129.7K-122.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.693.100.991.31
Total Volume6,532.6193,89516,3175,4425,889
Total OI53,99039,02661,76659,33558,953

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-11-01$21.99$23.0049.9%14.3%37.1%49.9%51.1%3.5%10.9%-487.9K4.9M-129.7K0.9917.742,7342,70826,17433,161
2018-11-02$22.30$23.0049.7%14.1%37.4%49.5%49.7%3.6%7.5%-342.0K-566.3K-131.5K1.1720.781,7992,09627,23733,651
2018-11-05$22.44$23.0054.1%15.8%36.5%60.3%52.8%4.8%-0.1%-294.1K-1.9M-126.1K1.1317.432,1162,39226,10832,772
2018-11-06$22.53$23.0054.5%15.3%36.4%61.3%52.0%3.5%-0.6%-270.7K-2.4M-125.3K1.7116.171,6662,84826,63133,532
2018-11-07$22.60$23.0053.8%14.7%35.4%59.5%49.9%4.7%-1.7%-312.5K-3.1M-120.9K1.9218.401,4752,83826,80833,583
2018-11-08$22.83$24.0051.3%14.0%34.6%53.3%48.4%-1.2%0.4%-150.7K-7.0M-119.7K1.5718.281,7122,69326,95134,045
2018-11-09$21.80$23.0054.6%15.3%38.6%61.6%52.1%3.4%0.6%-792.3K8.6M-112.8K1.4518.772,2883,32327,13934,015
2018-11-12$21.27$23.0057.7%16.4%38.6%69.3%55.6%6.6%1.0%-915.2K13.1M-104.4K1.2920.611,9462,50326,84833,258
2018-11-13$21.12$22.0057.5%16.0%38.6%68.7%54.4%5.8%-1.1%-1.1M16.9M-100.3K0.7317.733,0232,21727,17033,455
2018-11-14$21.10$22.0058.6%16.0%38.6%71.6%54.2%6.4%-2.7%-1.1M15.4M-100.0K1.9920.102,1694,32728,34533,419
2018-11-15$20.93$22.0058.4%16.1%37.4%71.1%52.9%5.4%-2.8%-901.1K17.8M-95.8K0.7123.933,3172,35728,79832,968
2018-11-16$20.30$22.0057.5%16.1%38.9%68.7%52.6%5.7%-2.1%-47.7K17.6M-90.9K0.6920.363,8432,65530,36030,490
2018-11-19$19.63$22.0060.3%17.0%36.0%75.7%57.4%7.9%-4.7%-16.2K3.5M-86.4K1.1117.382,3282,58418,95820,068
2018-11-20$19.36$22.0063.4%18.0%36.1%83.5%62.4%6.1%-4.9%-22.2K4.3M-88.9K1.2420.752,9993,70419,26020,382
2018-11-21$19.33$21.0060.6%17.4%34.8%76.5%58.7%7.5%-5.0%-100.6K6.3M-92.7K1.2717.042,9253,71220,15423,123
2018-11-23$19.54$21.0060.3%17.7%35.2%75.7%59.5%7.6%-5.1%-34.9K5.0M-93.0K1.3724.332,8963,97120,58423,215
2018-11-26$20.64$20.5055.4%16.7%40.5%63.6%58.5%6.9%-3.0%-10.4K-1.1M-94.5K1.8517.543,2936,09918,78722,547
2018-11-27$20.82$21.0051.5%16.3%40.7%58.0%57.3%6.1%-1.4%-115.2K-2.0M-102.7K1.3620.183,7285,05620,87125,424
2018-11-28$21.18$21.0054.9%17.5%39.3%67.2%60.9%4.6%-1.6%-184.6K-3.5M-102.7K0.9421.165,4915,14820,23026,404
2018-11-29$20.65$21.0057.3%18.7%39.1%73.4%64.2%6.4%-4.1%-337.4K478.6K-101.4K3.1022.263,97612,34120,66727,245
2018-11-30$21.00$22.0056.7%18.7%36.0%72.0%65.4%5.3%-3.1%-675.6K8.0M-122.5K1.3119.812,5513,33821,92037,033