AEO Options History — June 2019

In June 2019, AEO traded between $16.64 and $18.55. ATM implied volatility averaged 42.7%, placing in the 34.6% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 4.4% (HV 20d: 47.2%). Max pain ranged from $18.00 to $20.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.99.

Notable Days

  • 2019-06-04: Highest Volume — 16,819 contracts
  • 2019-06-05: Largest IV drop — 25.4% change
  • 2019-06-03: Highest IV Rank — 75.6%
  • 2019-06-04: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.53$16.64$18.55$17.99$16.95
Max Pain$18.30$18.00$20.00$20.00$18.00
ATM IV42.7%39.0%57.4%57.4%39.0%
Expected Move12.4%11.2%18.7%18.7%11.4%
HV 20d47.2%40.0%51.3%46.9%40.0%
HV 60d41.3%39.2%42.8%41.2%41.1%
IV Rank34.6%23.6%75.6%75.6%23.6%
IV Percentile48.3%35.3%94.4%94.4%35.3%
Term Structure-0.4%-1.7%1.9%-1.4%-0.5%
VWIV43.9%39.1%65.3%64.4%39.1%
Skew 25d4.3%2.3%7.0%7.0%3.2%
Skew 10d12.9%3.2%24.8%13.0%17.6%
Call IV 25d40.7%37.5%52.6%52.4%37.7%
Put IV 25d45.0%40.9%59.4%59.4%40.9%
Bid-Ask Spread %13.9410.4518.8712.4511.92
Gamma HHI0.260.150.760.200.25
Net GEX126.9K-3.0M1.0M155.2K263.8K
Net DEX1.6M-10.2M17.5M4.2M-1.0M
Net VEX-71.6K-85.5K-59.0K-64.5K-71.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.114.344.240.33
Total Volume4,491.5582016,8193,9501,792
Total OI40,063.0531,58349,88831,58338,140

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$17.99$20.0057.4%18.7%46.9%75.6%64.4%7.0%-1.4%155.2K4.2M-64.5K4.2412.457543,19618,97912,604
2019-06-04$18.51$20.0055.2%18.7%49.2%69.6%65.3%4.3%-1.7%108.3K2.5M-72.2K4.3418.873,15113,66819,42015,437
2019-06-05$18.55$20.0041.2%12.5%48.2%31.1%42.8%3.8%1.9%-330.2K6.3M-71.7K1.7817.233,1725,65821,67327,496
2019-06-06$17.53$18.0044.2%11.9%49.9%39.5%44.6%2.3%-0.7%-1.4M17.5M-64.1K1.0011.084,7774,76622,02927,017
2019-06-07$17.56$18.0041.6%11.6%50.1%32.3%44.8%5.4%1.5%-3.0M11.6M-66.0K1.9514.332,1884,26424,55325,335
2019-06-10$16.76$18.0043.0%12.2%51.3%36.1%41.3%5.1%-1.3%28.1K7.8M-59.0K0.4815.881,65979819,19313,235
2019-06-11$16.86$18.0042.6%12.1%46.9%35.1%43.2%4.2%-0.5%117.7K6.9M-61.0K0.7215.461,7011,22020,45113,291
2019-06-12$16.64$18.0042.6%11.8%46.5%34.9%41.9%4.8%-1.5%119.7K8.4M-61.5K1.1210.451,2841,44321,34014,039
2019-06-13$17.15$18.0041.2%11.5%48.3%31.1%40.5%5.5%-1.4%173.0K6.0M-65.4K0.4715.861,80585121,68914,709
2019-06-14$17.59$18.0040.2%11.4%49.7%28.4%40.3%2.9%-0.8%183.1K1.8M-70.9K0.1915.298,6341,60422,43414,904
2019-06-17$17.99$18.0041.0%11.7%50.7%30.5%41.2%4.8%-0.5%819.9K-5.1M-78.2K0.1113.966,48468628,27613,952
2019-06-18$17.73$18.0041.6%11.9%50.8%30.8%42.0%5.1%0.4%938.5K-4.5M-84.4K0.2412.601,28531231,99414,118
2019-06-19$17.81$18.0041.0%11.8%50.8%29.2%42.1%3.7%-0.6%974.5K-5.2M-84.4K0.1417.521,90826732,37314,164
2019-06-20$18.05$18.0040.3%11.6%45.1%27.3%41.5%5.3%-0.8%1.0M-8.4M-85.5K0.1913.911,66431332,97814,238
2019-06-21$18.19$18.0039.5%11.2%45.0%25.0%41.4%3.3%0.5%915.4K-10.2M-84.4K0.1710.762,49743233,01214,297
2019-06-24$17.69$18.0040.8%11.7%45.7%28.5%40.0%3.8%-0.7%679.0K-4.8M-76.9K0.7114.4556439925,5079,982
2019-06-25$17.14$18.0040.9%11.9%46.4%28.9%40.5%3.8%-0.2%321.8K-1.3M-71.8K0.6913.9848633425,73110,220
2019-06-26$16.99$18.0041.0%11.7%40.7%29.3%40.5%3.0%-0.5%251.4K-102.8K-69.1K0.5610.8960033825,78010,283
2019-06-27$16.99$18.0039.8%11.6%40.7%25.8%40.2%4.7%0.8%245.9K97.0K-68.8K0.3311.882,16071726,05010,338
2019-06-28$16.95$18.0039.0%11.4%40.0%23.6%39.1%3.2%-0.5%263.8K-1.0M-71.2K0.3311.921,34344927,53610,604