AEO Options History — December 2018

In December 2018, AEO traded between $17.11 and $21.31. ATM implied volatility averaged 52.3%, placing in the 60.4% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 2.2% (HV 20d: 50.1%). Max pain ranged from $20.00 to $22.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.55.

Notable Days

  • 2018-12-11: Highest Volume — 21,446 contracts
  • 2018-12-12: Largest IV drop — 32.4% change
  • 2018-12-10: Highest IV Rank — 98.2%
  • 2018-12-05: Largest Expected Move — 21.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.93$17.11$21.31$21.31$19.31
Max Pain$20.35$20.00$22.00$22.00$20.00
ATM IV52.3%43.2%66.3%55.4%48.2%
Expected Move15.6%12.2%21.5%19.0%14.1%
HV 20d50.1%36.0%63.3%36.0%62.5%
HV 60d40.7%35.2%47.2%35.2%46.1%
IV Rank60.4%35.9%98.2%68.3%49.5%
IV Percentile78.3%52.8%99.2%89.3%70.2%
Term Structure-0.6%-4.7%5.0%-1.3%0.5%
VWIV54.4%43.9%72.4%67.7%49.6%
Skew 25d4.9%2.9%6.6%6.2%4.0%
Skew 10d12.2%0.6%25.3%10.6%23.2%
Call IV 25d49.9%41.4%62.9%51.3%45.9%
Put IV 25d54.9%44.7%67.9%57.5%49.9%
Bid-Ask Spread %18.058.6433.6021.4915.75
Gamma HHI0.190.120.320.190.16
Net GEX-633.4K-1.7M-16.5K-410.4K-224.1K
Net DEX32.8M4.3M62.9M4.3M5.1M
Net VEX-87.6K-123.5K-54.1K-118.5K-70.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.383.990.690.70
Total Volume7,412.11,20721,4466,5141,651
Total OI65,597.841,12292,08756,47641,783

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$21.31$22.0055.4%19.0%36.0%68.3%67.7%6.2%-1.3%-410.4K4.3M-118.5K0.6921.493,8462,66821,52434,952
2018-12-04$19.82$22.0059.8%20.8%43.6%80.3%70.1%6.4%-1.7%-668.8K19.3M-111.4K3.1027.063,0619,47523,26335,749
2018-12-05$19.85$22.0053.7%21.5%43.5%63.9%72.4%2.9%5.0%-671.1K19.0M-109.2K3.0433.603,1369,52023,26335,749
2018-12-06$19.80$20.0059.5%16.1%43.4%79.3%58.0%5.8%-2.1%-1.2M32.6M-119.0K3.9922.609433,76724,64044,552
2018-12-07$19.02$20.0061.8%17.0%44.5%86.2%58.6%3.6%-2.4%-959.1K38.6M-108.4K3.3222.152,7058,98725,07944,243
2018-12-10$19.51$20.0066.3%17.8%43.9%98.2%62.2%6.5%-4.7%-1.1M36.1M-123.5K1.5624.343,2595,08022,71751,144
2018-12-11$19.09$20.0064.5%17.6%43.7%93.5%60.7%3.0%-1.2%-997.6K39.3M-117.5K1.2617.879,48611,96025,08752,121
2018-12-12$19.64$20.0043.6%12.4%45.3%37.2%44.3%5.0%-0.3%-971.4K41.5M-102.9K0.799.6610,4018,16532,96259,125
2018-12-13$18.70$21.0043.2%12.2%48.1%35.9%44.3%3.3%-0.8%-1.7M61.0M-84.7K1.1411.774,7465,39331,09060,356
2018-12-14$18.13$20.0044.9%13.3%48.9%40.6%44.6%5.7%2.1%-690.4K62.9M-79.1K0.9311.874,7504,43131,15358,941
2018-12-17$17.66$20.0046.6%13.4%48.6%45.1%47.7%4.4%0.3%-715.9K56.2M-66.5K1.448.641,1191,61122,63749,947
2018-12-18$18.57$20.0045.2%13.0%51.6%41.4%45.5%4.4%0.9%-456.0K49.1M-71.9K0.3813.111,25847523,53148,274
2018-12-19$18.05$20.0046.0%13.2%52.2%43.5%43.9%3.7%1.3%-519.6K51.7M-65.9K0.5215.4279241524,13248,346
2018-12-20$18.06$20.0049.3%14.3%52.3%52.4%47.3%5.8%-2.7%-503.3K51.3M-66.7K0.7824.2598076424,25148,216
2018-12-21$17.11$20.0049.5%14.2%54.9%53.0%48.0%6.5%-0.4%-324.1K55.3M-54.1K1.9014.701,7713,35724,26848,099
2018-12-24$17.52$20.0053.1%15.2%51.3%62.6%55.9%3.6%-1.0%-248.4K14.2M-61.2K1.5016.112,6283,94518,03723,085
2018-12-26$19.30$20.0051.7%15.5%63.3%59.0%55.6%6.6%-2.2%-81.5K4.7M-72.8K1.5916.092,1043,34818,26623,760
2018-12-27$19.22$20.0053.1%16.0%62.8%62.5%55.9%6.1%0.0%-16.5K5.3M-76.0K1.2317.111,0691,31719,28324,602
2018-12-28$18.95$20.0050.8%15.0%62.4%56.4%54.9%5.6%-1.4%-169.5K7.9M-72.6K1.0717.371,8681,99119,31224,417
2018-12-31$19.31$20.0048.2%14.1%62.5%49.5%49.6%4.0%0.5%-224.1K5.1M-70.6K0.7015.7597267917,90723,876