AEO Options History — July 2024

In July 2024, AEO traded between $19.19 and $22.41. ATM implied volatility averaged 41.9%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 3.9% (HV 20d: 38.0%). Max pain ranged from $19.00 to $22.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.56.

Notable Days

2024-07-26: Highest Volume — 21,623 contracts
2024-07-23: Largest IV spike — 60.0% change
2024-07-23: Highest IV Rank — 88.8%
2024-07-25: Largest Expected Move — 12.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.70	$19.19	$22.41	$19.52	$22.24
Max Pain	$19.64	$19.00	$22.00	$22.00	$20.00
ATM IV	41.9%	34.9%	63.5%	36.9%	58.4%
Expected Move	11.2%	9.8%	12.4%	10.2%	11.9%
HV 20d	38.0%	27.4%	46.1%	30.3%	45.0%
HV 60d	38.4%	35.6%	41.6%	35.7%	40.3%
IV Rank	33.1%	15.0%	88.8%	20.1%	75.6%
IV Percentile	43.1%	7.9%	99.2%	21.0%	93.3%
Term Structure	2.3%	-21.2%	23.5%	-1.4%	-14.2%
VWIV	39.4%	34.5%	43.7%	36.4%	40.8%
Skew 25d	5.0%	0.5%	25.5%	2.5%	25.5%
Skew 10d	1.5%	-34.8%	24.2%	4.2%	24.2%
Call IV 25d	39.1%	34.1%	53.0%	36.3%	53.0%
Put IV 25d	44.1%	37.4%	78.5%	38.8%	78.5%
Bid-Ask Spread %	25.61	5.69	69.00	60.69	61.79
Gamma HHI	0.33	0.18	0.59	0.59	0.21
Net GEX	2.1M	592.1K	6.1M	738.5K	6.1M
Net DEX	-30.6M	-75.4M	-2.2M	-2.2M	-75.4M
Net VEX	-154.8K	-179.0K	-141.1K	-141.1K	-170.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.10	1.73	0.66	0.32
Total Volume	7,245.545	984	21,623	7,455	2,825
Total OI	71,168.773	55,153	87,385	55,153	87,335

Daily Data (22 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
2024-07-01	$19.52	$22.00	36.9%	10.2%	30.3%	20.1%	36.4%	2.5%	-1.4%	738.5K	-2.2M	-141.1K	0.66	60.69	4,486	2,969	35,051	20,102
2024-07-02	$19.41	$22.00	34.9%	9.8%	28.5%	15.0%	34.5%	7.3%	7.3%	1.0M	-3.8M	-147.2K	0.10	20.69	5,232	538	39,255	21,183
2024-07-03	$19.27	$22.00	36.7%	10.3%	27.5%	19.6%	36.8%	0.9%	0.3%	1.1M	-3.7M	-147.6K	0.26	68.71	3,335	867	43,472	21,467
2024-07-05	$19.19	$19.00	36.6%	10.7%	27.4%	19.5%	37.2%	3.5%	1.1%	1.1M	-2.8M	-142.1K	0.21	34.71	2,108	442	44,256	21,696
2024-07-08	$19.87	$19.00	37.7%	10.9%	31.0%	22.3%	38.4%	1.7%	1.0%	1.2M	-11.7M	-150.2K	0.20	13.14	3,046	603	42,399	20,477
2024-07-09	$20.11	$19.00	38.7%	10.9%	31.4%	24.8%	38.4%	4.0%	-0.8%	1.3M	-16.4M	-153.0K	0.39	10.65	2,162	840	43,532	20,786
2024-07-10	$20.16	$19.00	37.4%	11.0%	29.8%	21.4%	38.0%	4.1%	1.7%	1.3M	-17.0M	-153.0K	0.65	16.32	595	389	43,882	21,205
2024-07-11	$21.20	$19.00	36.7%	10.6%	34.9%	19.7%	38.8%	2.5%	0.5%	1.2M	-32.7M	-152.1K	0.94	26.72	2,439	2,299	44,022	21,417
2024-07-12	$21.23	$19.00	35.7%	10.4%	34.9%	17.2%	38.8%	3.0%	1.6%	1.6M	-30.8M	-148.2K	0.46	13.03	3,002	1,371	42,704	21,214
2024-07-15	$20.46	$19.00	38.4%	11.1%	37.4%	24.1%	38.2%	2.9%	-0.4%	1.1M	-18.7M	-144.3K	0.82	8.60	929	761	41,509	20,211
2024-07-16	$21.36	$19.00	37.4%	10.7%	39.7%	21.5%	37.5%	2.6%	-3.1%	1.2M	-32.1M	-145.2K	0.79	17.15	7,921	6,274	41,828	20,034
2024-07-17	$20.59	$19.00	38.6%	11.1%	41.4%	24.7%	38.4%	2.7%	-1.5%	1.3M	-22.6M	-155.4K	1.73	18.77	1,660	2,880	47,872	25,438
2024-07-18	$19.96	$19.00	39.7%	11.4%	42.8%	27.5%	40.0%	3.1%	-0.6%	612.3K	-8.0M	-152.3K	0.31	10.19	12,395	3,865	48,257	27,687
2024-07-19	$19.74	$19.00	39.8%	11.5%	39.5%	27.6%	40.0%	3.2%	-1.4%	592.1K	-5.1M	-146.8K	1.47	26.43	4,375	6,422	48,078	27,149
2024-07-22	$20.68	$19.00	39.7%	11.5%	42.0%	27.4%	40.8%	19.1%	22.8%	1.9M	-30.4M	-151.1K	0.24	13.70	6,919	1,642	43,214	26,432
2024-07-23	$21.56	$19.00	63.5%	11.7%	44.0%	88.8%	42.4%	0.5%	-21.2%	2.4M	-55.6M	-156.7K	0.13	40.83	10,787	1,443	47,906	27,450
2024-07-24	$20.91	$19.00	51.6%	12.2%	45.5%	58.0%	42.8%	7.3%	23.5%	2.9M	-39.0M	-164.3K	0.18	69.00	10,316	1,905	50,728	28,023
2024-07-25	$21.41	$20.00	48.9%	12.4%	46.1%	51.1%	43.7%	6.9%	15.6%	3.7M	-52.5M	-170.0K	1.52	5.69	1,012	1,539	54,747	29,246
2024-07-26	$21.77	$20.00	48.2%	11.9%	45.1%	49.2%	42.8%	3.5%	23.3%	2.7M	-61.8M	-166.4K	0.11	6.96	19,534	2,089	55,129	29,621
2024-07-29	$22.41	$20.00	43.8%	12.3%	45.8%	37.9%	39.1%	1.5%	3.5%	4.9M	-75.3M	-169.0K	0.19	12.26	10,976	2,066	61,896	20,418
2024-07-30	$22.29	$20.00	42.5%	12.3%	45.1%	34.7%	42.9%	2.1%	-7.9%	5.5M	-75.1M	-179.0K	0.69	7.36	1,271	873	66,253	21,132
2024-07-31	$22.24	$20.00	58.4%	11.9%	45.0%	75.6%	40.8%	25.5%	-14.2%	6.1M	-75.4M	-170.6K	0.32	61.79	2,137	688	66,007	21,328