AEO Options History — August 2024

In August 2024, AEO traded between $19.80 and $22.76. ATM implied volatility averaged 55.2%, placing in the 66.2% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded above realized volatility by 6.7% (HV 20d: 48.5%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2024-08-29: Highest Volume — 24,677 contracts
  • 2024-08-29: Largest IV drop — 31.9% change
  • 2024-08-07: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.16$19.80$22.76$20.89$20.41
Max Pain$20.14$20.00$21.00$20.00$21.00
ATM IV55.2%35.3%68.8%60.2%35.3%
Expected Move15.3%9.7%18.0%12.9%9.7%
HV 20d48.5%41.8%54.4%51.1%41.8%
HV 60d43.2%40.5%44.9%42.1%42.1%
IV Rank66.2%15.6%100.0%80.2%15.6%
IV Percentile81.2%10.3%100.0%94.8%10.3%
Term Structure-1.5%-8.3%10.5%-3.2%4.1%
VWIV54.2%33.8%63.2%45.0%33.8%
Skew 25d8.6%-19.0%62.4%-19.0%0.7%
Skew 10d10.5%-4.8%45.8%45.8%-4.8%
Call IV 25d52.8%34.8%81.8%81.8%36.3%
Put IV 25d61.4%36.2%110.0%62.8%37.0%
Bid-Ask Spread %23.015.2648.0548.0527.87
Gamma HHI0.260.150.580.220.33
Net GEX1.7M-600.1K5.3M3.0M-600.1K
Net DEX-26.6M-58.4M6.5M-31.8M6.5M
Net VEX-153.5K-169.6K-138.1K-161.8K-139.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.062.350.082.35
Total Volume8,585.6361,58824,67718,3273,646
Total OI69,567.90947,98592,60786,77275,034

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$20.89$20.0060.2%12.9%51.1%80.2%45.0%-19.0%-3.2%3.0M-31.8M-161.8K0.0848.0517,0151,31265,23621,536
2024-08-02$19.99$20.0060.9%15.1%53.9%82.0%53.1%10.2%-6.8%1.4M-18.9M-166.4K0.2045.0017,3013,46770,51222,095
2024-08-05$19.80$20.0061.7%18.0%52.6%84.1%63.0%9.7%2.7%2.4M-24.3M-169.6K0.1238.4910,4241,29259,28621,777
2024-08-06$20.48$20.0055.3%16.3%53.8%67.5%58.2%-0.6%10.5%3.4M-39.3M-169.1K0.1321.692,18828862,44222,257
2024-08-07$20.05$20.0068.8%16.6%54.4%100.0%57.7%62.4%-8.3%3.4M-27.7M-159.2K0.1619.094,11866761,80722,300
2024-08-08$20.91$20.0057.8%15.8%53.4%72.3%52.9%21.3%-1.2%3.7M-45.1M-160.3K0.0620.659,96563660,16622,484
2024-08-09$21.16$20.0058.0%15.7%53.6%72.7%55.7%6.2%-2.5%5.3M-58.4M-155.5K0.129.176,94781163,78222,641
2024-08-12$20.95$20.0058.7%15.7%52.0%74.6%54.6%30.1%-2.7%2.3M-32.9M-149.0K0.6627.591,8451,22048,45721,078
2024-08-13$21.38$20.0055.5%15.7%50.1%66.6%55.1%4.8%-1.1%2.5M-42.8M-150.1K0.6219.671,10267849,81121,717
2024-08-14$20.70$20.0057.1%15.4%49.7%70.7%55.0%7.6%-3.5%2.5M-30.0M-141.8K1.6411.2260298650,30021,763
2024-08-15$21.14$20.0054.9%15.3%48.8%65.0%54.9%4.4%-1.4%2.2M-40.1M-138.1K0.685.266,7454,56850,61122,080
2024-08-16$21.66$20.0054.2%15.3%49.1%63.3%53.5%4.8%-1.1%260.9K-46.5M-147.4K2.2516.641,6363,68451,12525,047
2024-08-19$21.39$20.0054.7%15.4%46.8%64.5%52.7%5.6%-2.3%377.0K-14.4M-149.8K0.4911.792,1151,03626,65621,329
2024-08-20$21.36$20.0054.4%15.4%44.4%63.7%54.6%6.3%-2.1%423.8K-14.5M-153.5K0.796.581,24598328,23821,736
2024-08-21$21.73$20.0054.4%15.6%43.3%63.8%55.8%5.5%-3.5%482.7K-18.1M-154.4K1.0213.601,4411,47528,70722,167
2024-08-22$21.34$20.0055.6%16.1%43.0%66.9%57.5%5.7%-3.0%355.1K-14.1M-152.3K0.6312.372,2591,41629,11122,673
2024-08-23$22.23$20.0054.2%15.8%45.1%63.3%56.9%6.2%-3.3%664.2K-23.9M-154.0K1.0735.841,7081,82530,06223,033
2024-08-26$22.55$20.0055.1%16.8%44.2%65.5%63.2%4.5%-2.2%515.3K-25.5M-152.1K0.6217.424,7422,93529,39822,292
2024-08-27$22.76$20.0055.8%17.2%44.2%67.2%63.2%5.3%-0.7%459.2K-24.8M-153.0K0.2916.2112,5733,63229,79224,658
2024-08-28$21.71$21.0054.9%17.1%47.5%65.1%59.8%5.8%-2.1%508.7K-15.5M-154.7K0.3334.4316,3145,36534,37727,427
2024-08-29$20.87$21.0037.4%10.1%44.1%21.0%35.6%1.4%0.4%720.8K-3.2M-145.7K0.5847.7315,5959,08243,11330,381
2024-08-30$20.41$21.0035.3%9.7%41.8%15.6%33.8%0.7%4.1%-600.1K6.5M-139.1K2.3527.871,0902,55641,83633,198