AEO Options History — July 2022

In July 2022, AEO traded between $11.01 and $12.23. ATM implied volatility averaged 58.0%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 10.6% (HV 20d: 47.3%). Max pain ranged from $12.00 to $13.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 1.03.

Notable Days

  • 2022-07-26: Highest Volume — 13,690 contracts
  • 2022-07-27: Largest IV drop — 8.9% change
  • 2022-07-05: Highest IV Rank — 42.2%
  • 2022-07-26: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.79$11.01$12.23$11.41$12.05
Max Pain$12.95$12.00$13.00$12.00$13.00
ATM IV58.0%55.2%60.8%58.1%56.2%
Expected Move16.4%14.4%17.7%16.0%14.4%
HV 20d47.3%34.1%56.5%56.5%42.8%
HV 60d60.6%57.5%62.6%62.4%60.4%
IV Rank34.4%28.5%42.2%37.9%30.5%
IV Percentile65.0%50.4%75.4%68.7%56.0%
Term Structure1.7%-2.3%9.6%0.7%9.6%
VWIV56.6%50.2%62.4%54.4%51.0%
Skew 25d8.9%7.1%13.4%7.7%9.3%
Skew 10d19.1%14.5%33.9%15.6%20.2%
Call IV 25d54.1%49.7%58.6%56.2%49.7%
Put IV 25d63.0%58.3%70.9%63.9%59.0%
Bid-Ask Spread %5.263.487.686.816.78
Gamma HHI0.180.130.310.130.30
Net GEX286.1K-395.6K1.2M-193.0K1.2M
Net DEX6.5M-3.0M22.0M22.0M-3.0M
Net VEX-189.0K-207.8K-157.8K-157.8K-182.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.273.190.271.53
Total Volume7,743.354,78213,69013,4809,286
Total OI125,903.5113,960141,105113,960130,163

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$11.41$12.0058.1%16.0%56.5%37.9%54.4%7.7%0.7%-193.0K22.0M-157.8K0.276.8110,5782,90263,94250,018
2022-07-05$11.65$13.0060.5%17.0%52.3%42.2%62.4%8.3%0.1%-54.0K14.9M-182.2K1.067.682,9413,11269,71948,866
2022-07-06$11.65$13.0060.5%17.1%51.9%39.0%57.8%8.1%-0.2%-40.8K15.0M-178.5K0.367.268,2323,00570,58149,608
2022-07-07$11.72$13.0060.8%16.8%51.7%39.4%57.2%13.4%1.3%133.7K10.4M-199.2K0.454.755,6522,54776,29250,197
2022-07-08$11.75$13.0059.2%16.3%51.2%36.3%56.0%7.1%-2.3%171.8K8.0M-207.8K0.874.633,0732,67079,73350,117
2022-07-11$11.85$13.0058.2%17.1%50.9%34.4%59.1%9.0%1.4%102.1K7.2M-200.5K0.924.292,4862,29678,32448,892
2022-07-12$11.79$13.0057.3%17.0%48.4%32.6%56.3%9.3%2.0%75.2K8.5M-194.7K1.175.374,5635,34879,15549,091
2022-07-13$11.90$13.0057.4%16.7%48.3%32.9%55.8%9.4%0.5%9.6K6.9M-201.4K0.454.534,2301,92081,77352,714
2022-07-14$11.60$13.0059.4%17.0%48.4%36.8%58.4%9.3%-0.7%-20.3K11.3M-193.5K3.194.392,3487,47983,79452,316
2022-07-15$11.73$13.0057.6%16.3%44.9%33.2%55.9%8.5%-1.6%-395.6K11.8M-193.4K1.213.482,9513,55884,13456,971
2022-07-18$11.75$13.0059.6%17.1%44.3%37.2%57.0%7.9%0.6%398.8K4.4M-188.9K0.756.503,1232,33676,63341,664
2022-07-19$11.98$13.0057.3%16.5%44.8%32.6%60.5%8.8%0.7%522.3K50.7K-195.0K1.504.252,6343,94878,00240,914
2022-07-20$12.23$13.0057.6%16.5%45.3%33.2%55.6%9.7%0.0%635.7K-2.5M-201.9K1.295.872,5443,27778,74643,149
2022-07-21$12.11$13.0057.2%16.4%45.5%32.5%53.1%8.7%0.8%612.3K-361.5K-197.0K0.705.463,9462,74779,14343,948
2022-07-22$12.19$13.0055.8%16.0%45.5%29.7%54.7%8.4%-1.4%756.7K-2.7M-200.4K1.254.843,7064,62580,84844,100
2022-07-25$12.02$13.0056.3%16.5%34.1%30.8%55.8%8.6%3.4%576.8K522.8K-191.9K1.834.522,4564,50679,69843,777
2022-07-26$11.01$13.0060.6%17.7%45.4%39.2%61.7%9.3%3.4%52.5K12.8M-159.2K0.513.629,0834,60780,09044,116
2022-07-27$11.58$13.0055.2%15.9%48.2%28.6%59.2%8.8%6.2%464.3K5.2M-172.7K0.785.182,8592,22783,09744,910
2022-07-28$11.91$13.0055.2%14.5%46.4%28.5%50.2%8.3%9.4%719.5K260.0K-181.7K0.535.053,3011,76583,60045,235
2022-07-29$12.05$13.0056.2%14.4%42.8%30.5%51.0%9.3%9.6%1.2M-3.0M-182.5K1.536.783,6705,61684,56545,598