AEO Options History — June 2024

In June 2024, AEO traded between $19.80 and $22.26. ATM implied volatility averaged 36.5%, placing in the 16.1% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 6.2% (HV 20d: 42.7%). Max pain ranged from $22.00 to $24.00. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.65.

Notable Days

2024-06-20: Highest Volume — 14,271 contracts
2024-06-12: Largest IV drop — 39.0% change
2024-06-11: Highest IV Rank — 41.6%
2024-06-03: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.85	$19.80	$22.26	$22.26	$19.89
Max Pain	$23.11	$22.00	$24.00	$24.00	$22.00
ATM IV	36.5%	29.1%	47.6%	35.9%	34.9%
Expected Move	9.8%	9.3%	10.3%	10.3%	9.8%
HV 20d	42.7%	30.0%	45.3%	43.8%	30.0%
HV 60d	37.3%	35.8%	39.1%	39.1%	36.2%
IV Rank	16.1%	0.0%	41.6%	7.6%	14.9%
IV Percentile	19.0%	0.0%	67.5%	10.3%	7.5%
Term Structure	0.4%	-16.4%	17.2%	0.2%	1.1%
VWIV	34.9%	32.4%	37.9%	36.0%	34.1%
Skew 25d	6.5%	-2.3%	32.2%	1.5%	3.2%
Skew 10d	11.6%	-10.7%	42.2%	9.1%	-0.4%
Call IV 25d	34.6%	31.0%	40.9%	35.0%	35.7%
Put IV 25d	41.1%	34.4%	65.8%	36.6%	38.9%
Bid-Ask Spread %	32.35	6.19	73.36	46.65	39.55
Gamma HHI	0.26	0.10	0.54	0.11	0.54
Net GEX	129.6K	-477.8K	780.3K	-11.4K	780.3K
Net DEX	7.2M	-9.3M	17.4M	7.7M	-4.2M
Net VEX	-117.4K	-147.6K	-89.6K	-123.6K	-147.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.20	1.40	0.62	1.40
Total Volume	3,459.053	1,256	14,271	3,198	3,218
Total OI	50,292.632	44,534	58,882	47,310	57,070

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$22.26	$24.00	35.9%	10.3%	43.8%	7.6%	36.0%	1.5%	0.2%	-11.4K	7.7M	-123.6K	0.62	46.65	1,976	1,222	23,829	23,481
2024-06-04	$21.68	$24.00	40.7%	9.9%	44.1%	21.5%	34.6%	-0.2%	3.9%	-54.4K	12.9M	-115.7K	1.30	59.72	1,065	1,384	24,685	24,140
2024-06-05	$21.70	$24.00	34.2%	9.8%	44.1%	2.9%	33.2%	32.2%	0.7%	-108.0K	13.3M	-119.9K	0.20	73.36	2,389	471	25,090	25,121
2024-06-06	$21.66	$24.00	44.1%	9.8%	44.1%	31.5%	35.6%	11.6%	2.7%	76.6K	11.6M	-119.5K	0.41	6.19	1,656	674	26,853	24,805
2024-06-07	$21.41	$23.00	44.7%	9.8%	42.6%	33.1%	34.2%	8.1%	-16.4%	37.0K	12.6M	-117.1K	0.82	9.13	1,048	859	27,380	24,436
2024-06-10	$20.77	$23.00	34.6%	9.8%	43.4%	4.1%	35.3%	3.2%	-0.3%	4.5K	14.7M	-106.0K	0.67	12.46	1,638	1,098	25,567	23,015
2024-06-11	$20.93	$23.00	47.6%	9.8%	43.8%	41.6%	34.5%	20.0%	-8.0%	86.1K	11.8M	-111.0K	1.32	8.30	541	715	26,279	23,321
2024-06-12	$20.91	$23.00	29.1%	9.5%	42.8%	0.0%	37.9%	12.8%	7.5%	14.8K	10.8M	-106.7K	0.60	66.54	1,812	1,091	26,218	22,752
2024-06-13	$20.91	$23.00	33.3%	9.5%	42.7%	10.8%	32.4%	2.1%	-0.8%	45.8K	12.4M	-107.7K	0.62	28.87	848	528	26,920	23,379
2024-06-14	$20.46	$23.00	34.1%	9.8%	42.5%	13.0%	33.9%	1.4%	0.2%	-25.3K	15.1M	-100.7K	0.38	34.10	1,541	584	27,443	23,296
2024-06-17	$20.84	$23.00	33.2%	9.3%	43.4%	10.6%	34.8%	2.7%	17.2%	176.5K	10.5M	-100.7K	0.57	34.62	1,446	831	24,970	21,836
2024-06-18	$20.77	$23.00	33.2%	9.5%	42.9%	10.7%	34.9%	1.3%	1.1%	110.3K	11.1M	-100.4K	1.16	38.34	766	886	25,374	22,110
2024-06-20	$19.80	$23.00	36.1%	10.2%	45.3%	18.1%	36.5%	3.2%	-1.7%	-477.8K	17.4M	-89.6K	0.54	36.18	9,282	4,989	25,622	22,138
2024-06-21	$20.30	$23.00	34.1%	10.1%	44.2%	12.9%	35.0%	1.7%	-6.6%	-28.6K	5.1M	-121.0K	0.50	28.31	1,514	757	34,312	24,570
2024-06-24	$20.68	$23.00	41.2%	10.1%	44.4%	31.3%	34.9%	-2.3%	0.7%	278.3K	-5.3M	-124.2K	0.31	33.56	5,572	1,707	25,514	19,020
2024-06-25	$20.71	$23.00	34.1%	10.0%	44.1%	13.0%	35.2%	15.6%	-4.6%	474.3K	-9.3M	-139.4K	0.35	18.43	1,964	697	29,976	20,121
2024-06-26	$20.51	$23.00	34.4%	9.9%	42.0%	13.8%	34.9%	4.4%	16.8%	548.1K	-7.8M	-141.2K	0.28	24.41	2,200	621	31,149	20,335
2024-06-27	$19.99	$22.00	34.4%	10.1%	42.1%	13.8%	35.3%	0.7%	-7.1%	535.0K	-3.1M	-137.7K	0.38	15.94	4,432	1,700	32,858	20,575
2024-06-28	$19.89	$22.00	34.9%	9.8%	30.0%	14.9%	34.1%	3.2%	1.1%	780.3K	-4.2M	-147.6K	1.40	39.55	1,340	1,878	36,037	21,033