AEO Options History — June 2023

In June 2023, AEO traded between $10.25 and $11.96. ATM implied volatility averaged 39.6%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 23.3% (HV 20d: 63.0%). Max pain ranged from $10.00 to $12.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.85.

Notable Days

  • 2023-06-07: Highest Volume — 4,168 contracts
  • 2023-06-06: Largest IV drop — 10.6% change
  • 2023-06-01: Highest IV Rank — 28.4%
  • 2023-06-01: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.62$10.25$11.96$10.25$11.86
Max Pain$10.19$10.00$12.00$12.00$10.00
ATM IV39.6%35.0%49.6%49.6%35.0%
Expected Move11.3%9.6%15.0%15.0%9.6%
HV 20d63.0%41.0%72.3%65.8%41.1%
HV 60d50.4%47.9%51.1%47.9%51.0%
IV Rank5.0%0.0%28.4%28.4%0.0%
IV Percentile3.9%0.0%25.8%25.8%0.0%
Term Structure-0.2%-3.0%1.7%1.2%0.4%
VWIV39.1%34.2%47.3%40.8%34.2%
Skew 25d5.8%3.3%8.8%7.6%4.0%
Skew 10d11.9%5.4%23.0%13.5%13.3%
Call IV 25d37.4%33.8%45.5%45.5%33.8%
Put IV 25d43.2%37.9%53.1%53.1%37.9%
Bid-Ask Spread %6.064.138.524.976.33
Gamma HHI0.210.130.460.170.16
Net GEX182.2K-184.0K396.4K-184.0K141.4K
Net DEX-313.8K-5.2M12.5M12.5M-1.7M
Net VEX-111.5K-121.7K-96.4K-96.4K-111.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.083.132.051.71
Total Volume2,160.4297774,1682,4241,869
Total OI75,225.71461,98784,94983,76868,381

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$10.25$12.0049.6%15.0%65.8%28.4%40.8%7.6%1.2%-184.0K12.5M-96.4K2.054.977941,63047,57636,192
2023-06-02$11.04$12.0046.1%13.4%72.3%19.1%47.3%8.8%1.7%124.9K4.5M-110.8K0.555.352,2901,26047,94136,424
2023-06-05$10.98$10.0047.4%12.8%67.0%22.4%45.4%8.2%-3.0%5385.8M-107.8K1.096.871,0421,13545,75334,582
2023-06-06$11.63$10.0042.3%11.8%70.7%8.7%40.7%6.7%-1.6%177.0K-1.1M-115.9K0.426.222,02185146,49735,202
2023-06-07$11.96$10.0041.5%11.7%71.4%6.5%38.9%8.0%-0.5%257.4K-5.2M-118.6K0.567.072,6771,49147,72134,948
2023-06-08$11.79$10.0040.9%11.4%71.4%4.8%40.4%5.7%-1.1%267.1K-2.9M-119.9K1.646.1154088748,91536,017
2023-06-09$11.93$10.0040.6%11.2%71.5%4.0%39.2%4.9%-1.6%267.7K-5.0M-121.7K1.056.2262465449,03435,915
2023-06-12$11.71$10.0040.3%11.4%71.7%3.3%39.2%6.3%0.1%139.1K-876.9K-114.2K0.345.9176025946,66634,340
2023-06-13$11.84$10.0039.5%11.2%71.9%1.1%38.0%6.2%-0.0%186.0K-2.1M-113.8K0.325.7859018747,05234,486
2023-06-14$11.77$10.0038.5%10.9%71.7%0.0%38.6%5.9%-0.6%180.4K-1.6M-113.0K0.466.5954325247,26334,535
2023-06-15$11.91$10.0037.9%10.9%71.3%0.0%41.2%5.0%0.3%257.2K-4.1M-112.2K0.785.0950239047,49433,758
2023-06-16$11.73$10.0037.0%10.8%70.6%0.0%45.0%6.0%1.1%235.5K-1.7M-108.3K0.085.813,66728647,65033,885
2023-06-20$11.66$10.0038.3%11.0%64.9%3.3%38.7%5.9%0.2%267.8K-405.4K-106.9K0.434.131,43261035,39326,594
2023-06-21$11.71$10.0037.4%10.7%63.5%1.1%36.5%4.5%-0.2%339.5K-328.0K-108.0K0.355.831,15140235,91227,026
2023-06-22$11.75$10.0037.4%10.8%63.1%1.2%35.6%4.5%-0.8%396.4K-537.1K-108.3K0.205.252,10242036,83327,340
2023-06-23$11.52$10.0036.8%10.6%62.5%0.0%36.7%3.3%-0.7%48.3K1.2M-104.3K1.425.841,6242,30138,12327,703
2023-06-26$11.68$10.0037.0%10.8%45.4%0.5%38.3%6.3%1.0%123.8K204.4K-112.4K3.138.526291,97036,52829,038
2023-06-27$11.93$10.0036.8%10.3%45.8%0.0%36.7%4.2%0.0%204.4K-1.9M-114.7K0.267.2567217437,07229,144
2023-06-28$11.54$10.0036.3%10.4%47.7%0.0%35.0%5.0%0.2%140.3K933.3K-108.9K0.315.4782225237,71829,217
2023-06-29$11.86$10.0035.7%9.9%41.0%0.0%35.5%4.7%0.5%256.5K-2.1M-113.0K0.766.752,0461,56138,53429,338
2023-06-30$11.86$10.0035.0%9.6%41.1%0.0%34.2%4.0%0.4%141.4K-1.7M-111.6K1.716.336891,18038,79329,588