AEO Options History — October 2019

In October 2019, AEO traded between $14.39 and $16.70. ATM implied volatility averaged 42.8%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 4.7% (HV 20d: 38.0%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.58.

Notable Days

  • 2019-10-07: Highest Volume — 3,522 contracts
  • 2019-10-28: Largest IV spike — 5.2% change
  • 2019-10-09: Highest IV Rank — 45.0%
  • 2019-10-09: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.42$14.39$16.70$15.68$15.38
Max Pain$15.46$15.00$16.00$16.00$15.50
ATM IV42.8%38.9%46.7%45.4%41.8%
Expected Move12.4%11.3%13.7%13.3%11.7%
HV 20d38.0%30.5%74.0%74.0%38.7%
HV 60d58.2%57.0%59.4%58.5%57.2%
IV Rank34.1%23.1%45.0%41.5%31.3%
IV Percentile40.0%25.4%56.3%53.2%38.5%
Term Structure0.5%-1.9%4.8%-0.6%4.8%
VWIV42.6%39.0%49.1%44.3%40.7%
Skew 25d3.8%1.5%5.9%3.3%2.5%
Skew 10d10.6%-77.9%23.5%6.0%18.4%
Call IV 25d40.8%37.2%45.0%43.6%39.9%
Put IV 25d44.6%39.9%49.0%46.9%42.3%
Bid-Ask Spread %12.247.4120.1814.5812.65
Gamma HHI0.200.140.270.150.19
Net GEX392.1K112.9K821.5K283.6K303.8K
Net DEX-9.9M-21.7M-1.6M-9.3M-7.6M
Net VEX-115.4K-125.0K-99.3K-111.7K-109.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.123.520.170.13
Total Volume1,545.6524693,5229122,492
Total OI46,689.08742,79350,00243,42546,784

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$15.68$16.0045.4%13.3%74.0%41.5%44.3%3.3%-0.6%283.6K-9.3M-111.7K0.1714.5878113131,20912,216
2019-10-02$15.39$16.0045.2%13.2%59.1%40.9%45.6%2.2%0.9%234.7K-7.6M-109.5K0.3715.331,47054231,15312,207
2019-10-03$15.34$16.0044.9%13.0%37.4%39.9%42.4%3.7%0.2%230.4K-6.6M-109.0K1.1416.2128432332,05412,667
2019-10-04$14.88$16.0043.3%12.7%38.6%35.7%41.4%3.2%-0.1%202.6K-4.1M-102.6K0.6312.8170744432,16612,700
2019-10-07$14.66$16.0044.7%12.7%32.7%39.5%45.0%2.9%-0.8%159.8K-4.1M-99.3K3.5210.247792,74330,89111,902
2019-10-08$14.39$16.0045.4%13.2%31.8%41.3%44.9%5.5%0.1%112.9K-1.6M-108.2K0.1219.811,98123631,42514,539
2019-10-09$14.44$16.0046.7%13.7%30.7%45.0%49.1%3.2%1.4%176.3K-2.6M-111.4K0.3312.382,24374832,33914,628
2019-10-10$14.47$16.0046.1%13.4%30.5%43.5%45.8%5.3%1.5%264.1K-4.0M-115.1K0.2012.1764913233,45815,216
2019-10-11$15.14$16.0044.3%12.8%34.9%38.4%43.5%4.2%0.7%269.7K-9.0M-120.0K0.1920.182,22041533,70215,183
2019-10-14$14.68$15.0043.7%12.5%31.3%36.8%44.2%4.9%-0.7%237.7K-5.4M-116.0K0.519.061,03853433,28914,843
2019-10-15$14.95$15.0042.3%12.1%31.6%32.8%42.3%3.4%1.6%255.5K-7.1M-116.7K0.299.271,25436933,21314,970
2019-10-16$15.05$15.0042.8%12.3%31.5%34.2%40.0%3.1%-0.2%365.1K-7.9M-117.8K0.177.412,02834533,91915,045
2019-10-17$15.43$15.0040.8%11.8%33.3%28.7%40.0%4.9%-0.9%482.6K-11.3M-120.2K0.209.9072314534,90015,052
2019-10-18$15.15$15.0042.5%12.2%33.2%33.4%41.7%4.2%0.9%333.5K-9.9M-118.0K0.5711.2756832234,87015,132
2019-10-21$15.78$15.0040.9%11.6%36.7%28.8%39.8%5.9%-1.9%513.0K-12.8M-120.8K0.2712.741,47039431,67713,517
2019-10-22$16.35$15.0041.1%11.9%39.0%29.6%41.4%5.0%-1.8%694.0K-18.4M-124.3K0.6610.961,13475032,76313,709
2019-10-23$16.31$15.0041.1%11.7%38.7%29.5%41.6%5.9%-1.8%745.2K-17.8M-124.2K0.338.6243614433,07714,160
2019-10-24$16.35$15.0039.7%11.3%38.3%25.5%39.6%3.9%-0.5%821.5K-18.3M-123.3K0.598.6229517433,25014,213
2019-10-25$16.70$15.0038.9%11.6%38.8%23.1%39.0%3.6%-1.9%694.0K-21.7M-125.0K0.3911.0853820933,38214,361
2019-10-28$16.24$15.0040.9%12.0%39.7%28.8%42.1%4.2%4.1%573.4K-15.5M-120.7K0.3110.681,56949431,76413,765
2019-10-29$16.18$15.5040.1%12.3%37.0%26.6%42.6%1.5%4.4%601.6K-14.4M-118.2K0.9512.3426725331,93314,158
2019-10-30$15.77$15.5041.0%12.2%37.6%29.1%42.0%1.8%3.4%462.5K-10.5M-113.7K1.3913.2932545232,13514,313
2019-10-31$15.38$15.5041.8%11.7%38.7%31.3%40.7%2.5%4.8%303.8K-7.6M-109.3K0.1312.652,19829432,14814,636