AEO Options History — May 2019

In May 2019, AEO traded between $17.35 and $24.10. ATM implied volatility averaged 50.7%, placing in the 57.2% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 12.1% (HV 20d: 38.7%). Max pain ranged from $20.00 to $23.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.18.

Notable Days

  • 2019-05-22: Highest Volume — 7,180 contracts
  • 2019-05-07: Largest IV spike — 15.0% change
  • 2019-05-29: Highest IV Rank — 75.4%
  • 2019-05-31: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.64$17.35$24.10$23.85$17.35
Max Pain$21.91$20.00$23.00$21.00$20.00
ATM IV50.7%34.9%57.4%37.8%56.7%
Expected Move14.2%9.3%17.6%9.5%17.6%
HV 20d38.7%31.3%44.4%33.5%43.5%
HV 60d36.4%32.1%41.2%32.3%40.4%
IV Rank57.2%13.9%75.4%21.7%73.7%
IV Percentile79.4%20.6%94.4%37.7%93.3%
Term Structure-0.8%-4.6%11.9%8.2%-2.8%
VWIV49.1%32.2%59.7%33.6%59.7%
Skew 25d6.0%3.8%8.4%4.4%7.2%
Skew 10d10.2%-6.6%20.6%6.2%9.1%
Call IV 25d48.2%33.9%55.0%38.6%54.7%
Put IV 25d54.2%37.8%61.9%43.0%61.9%
Bid-Ask Spread %18.3413.0026.0522.1714.64
Gamma HHI0.290.090.960.150.29
Net GEX-1.2M-14.6M505.9K39.4K-250.7K
Net DEX3.1M-16.7M25.7M-14.5M8.7M
Net VEX-72.7K-91.2K-53.5K-78.3K-60.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.173.841.363.84
Total Volume3,560.8647967,1804,7193,196
Total OI38,713.90925,28847,99940,65636,908

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$23.85$21.0037.8%9.5%33.5%21.7%33.6%4.4%8.2%39.4K-14.5M-78.3K1.3622.172,0012,71812,55428,102
2019-05-02$24.03$21.0034.9%9.6%33.5%13.9%34.9%4.9%11.9%158.9K-14.7M-81.0K0.8726.052,4552,14613,06928,905
2019-05-03$24.10$21.0039.4%9.3%31.3%26.3%32.2%3.9%9.6%505.9K-16.7M-81.6K0.9416.532,4242,28114,01328,920
2019-05-06$23.54$23.0043.9%12.4%32.6%38.6%43.5%5.9%-1.0%236.7K-13.1M-83.0K0.2818.5276221114,18228,402
2019-05-07$22.60$23.0050.5%13.0%35.0%56.6%45.5%5.8%-4.4%-319.0K-5.9M-89.7K0.2322.161,34831014,80228,564
2019-05-08$22.97$23.0049.9%12.9%33.7%55.0%45.2%7.8%-1.9%53.1K-10.4M-88.7K1.4020.581,4962,09215,52528,656
2019-05-09$22.48$23.0051.2%13.8%34.3%58.7%47.1%8.4%-1.8%-904.8K-3.7M-91.2K1.1724.061,6061,88515,76530,352
2019-05-10$21.88$23.0050.1%13.5%34.6%55.5%47.8%7.6%-1.6%-784.0K1.8M-87.9K2.1519.4142290715,99530,334
2019-05-13$20.38$23.0054.1%15.1%42.8%66.6%51.1%3.8%-1.3%-2.1M16.5M-80.1K2.7820.8729882715,67128,450
2019-05-14$20.54$23.0053.4%14.4%41.9%64.6%48.6%6.8%-3.4%-2.2M14.5M-76.4K1.1716.432,1572,51615,62728,442
2019-05-15$20.04$23.0052.9%14.5%42.2%63.4%52.1%7.2%-2.4%-3.1M23.2M-67.6K1.8218.881,5292,78915,86528,228
2019-05-16$20.05$23.0051.3%14.3%39.7%58.8%53.3%5.1%-2.4%-4.4M23.8M-70.2K2.5518.829572,44316,82430,153
2019-05-17$19.99$23.0052.5%14.7%39.6%62.2%53.7%6.1%-2.0%-14.6M25.7M-68.0K1.9920.289891,96817,47830,521
2019-05-20$19.98$23.0051.7%14.6%39.5%60.0%49.5%6.4%-1.0%130.5K2.5M-64.7K0.1715.6368111515,6379,651
2019-05-21$20.06$23.0051.9%14.8%39.0%60.5%51.4%6.9%-2.1%164.3K1.8M-65.0K0.5017.081,36868416,1439,635
2019-05-22$18.70$23.0055.0%15.8%41.3%69.0%53.7%6.3%-3.2%-23.2K7.5M-56.0K0.2313.005,8611,31916,32710,536
2019-05-23$18.45$20.0057.1%16.6%41.3%74.9%55.8%5.8%-3.9%153.0K5.1M-63.6K0.3217.874,3771,38020,65910,850
2019-05-24$18.71$20.0054.0%15.6%42.1%66.4%52.3%5.8%-1.4%157.7K4.1M-64.2K0.4913.112,9311,42821,27210,994
2019-05-28$18.95$20.0053.6%16.1%40.3%65.1%55.6%5.2%-3.4%198.1K986.7K-63.9K0.3017.762,44474420,1659,876
2019-05-29$17.76$20.0057.4%17.0%44.4%75.4%56.8%5.1%-4.6%179.4K6.2M-53.5K0.7514.093,1102,34221,45410,352
2019-05-30$17.74$20.0056.0%16.9%44.3%71.7%58.1%6.2%-3.2%218.9K5.7M-63.6K0.5915.483,0411,78123,79712,051
2019-05-31$17.35$20.0056.7%17.6%43.5%73.7%59.7%7.2%-2.8%-250.7K8.7M-60.9K3.8414.646612,53523,68713,221