AEO Options History — September 2024

In September 2024, AEO traded between $18.89 and $22.49. ATM implied volatility averaged 38.2%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded below realized volatility by 3.3% (HV 20d: 41.4%). Max pain ranged from $19.00 to $22.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.38.

Notable Days

  • 2024-09-18: Highest Volume — 9,925 contracts
  • 2024-09-16: Largest IV spike — 6.5% change
  • 2024-09-10: Highest IV Rank — 33.7%
  • 2024-09-03: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.99$18.89$22.49$19.51$22.49
Max Pain$19.65$19.00$22.00$21.00$19.00
ATM IV38.2%34.0%42.4%38.1%35.8%
Expected Move11.0%10.1%11.9%11.9%10.3%
HV 20d41.4%35.9%46.5%44.8%36.9%
HV 60d43.5%42.7%44.2%43.1%44.1%
IV Rank22.9%12.4%33.7%22.7%16.8%
IV Percentile31.4%3.6%56.3%31.3%13.5%
Term Structure0.3%-4.9%5.3%-0.3%5.3%
VWIV39.7%33.7%45.5%40.9%38.5%
Skew 25d4.6%2.1%8.3%8.3%4.2%
Skew 10d9.2%7.1%14.4%9.8%8.4%
Call IV 25d36.3%33.3%39.7%34.5%35.9%
Put IV 25d40.9%37.2%44.8%42.8%40.0%
Bid-Ask Spread %23.926.7455.4443.9712.06
Gamma HHI0.190.100.590.130.12
Net GEX45.4K-1.3M441.4K-193.6K223.1K
Net DEX3.0M-16.8M15.6M10.6M-15.4M
Net VEX-130.6K-139.8K-120.7K-125.5K-129.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.0610.721.040.30
Total Volume3,441.559589,9253,8553,025
Total OI59,136.1553,03072,05653,60053,030

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$19.51$21.0038.1%11.9%44.8%22.7%40.9%8.3%-0.3%-193.6K10.6M-125.5K1.0443.971,8921,96326,99226,608
2024-09-04$20.13$21.0039.3%11.6%44.6%25.8%40.4%4.7%0.1%79.7K3.6M-134.0K2.7743.059392,59828,35426,917
2024-09-05$19.29$22.0040.9%11.8%46.5%29.7%42.4%4.3%0.7%-216.4K10.9M-125.1K2.6627.868282,20228,52728,910
2024-09-06$18.94$22.0041.1%11.6%43.8%30.4%39.1%3.8%0.1%-1.3M15.6M-120.7K3.8220.811,1144,25528,71529,664
2024-09-09$18.89$22.0041.4%11.5%43.3%31.1%40.2%6.1%-1.1%-81.8K14.5M-125.7K0.3521.243,3931,18526,72228,830
2024-09-10$19.05$19.0042.4%11.5%43.6%33.7%40.5%3.6%-4.9%121.7K11.4M-130.9K0.9716.5348647229,39929,382
2024-09-11$19.05$19.0040.1%11.3%42.6%27.7%39.7%4.7%-0.9%162.6K12.2M-127.8K0.328.711,21039029,54329,644
2024-09-12$19.30$19.0039.8%11.2%41.9%27.0%39.2%4.6%-1.1%367.0K8.1M-131.8K0.609.351,35180730,41329,794
2024-09-13$19.81$19.0037.9%10.7%42.3%22.3%39.4%4.9%-0.4%330.8K2.3M-135.1K0.1816.603,16657631,20430,251
2024-09-16$19.41$19.0040.4%11.4%41.4%28.5%40.1%4.5%-0.6%212.7K7.7M-131.1K0.3323.851,50850330,75929,487
2024-09-17$19.45$19.0040.4%11.6%41.4%28.5%40.5%5.0%-1.0%219.3K7.0M-129.5K0.4916.9870834831,64129,641
2024-09-18$19.80$19.0038.4%11.0%42.2%23.4%42.0%4.3%-0.9%432.9K2.8M-133.1K10.7255.448479,07832,05029,871
2024-09-19$19.99$19.0036.7%10.5%41.8%19.3%36.0%5.2%0.5%394.2K2.4M-139.8K0.949.7463259132,58538,804
2024-09-20$20.31$19.0036.1%10.3%42.0%17.6%39.4%4.7%0.2%441.4K-2.5M-136.9K0.119.243,68840332,90839,148
2024-09-23$20.30$19.0034.0%10.2%38.8%12.4%34.8%5.1%3.3%-230.6K1.3M-129.0K1.1146.231,0881,21020,60332,956
2024-09-24$20.34$19.0035.4%10.1%38.2%16.0%33.7%3.5%0.9%-218.2K521.9K-130.4K0.1540.473,58354021,23333,496
2024-09-25$20.79$19.0035.4%10.4%39.1%15.9%40.6%5.3%0.3%-20.7K-7.3M-133.6K0.606.741,15669123,95633,916
2024-09-26$20.95$19.0035.2%10.3%35.9%15.4%45.5%2.1%2.0%-9.0K-9.6M-132.2K0.1614.481,84830024,49034,218
2024-09-27$22.05$19.0034.8%10.1%37.6%14.3%40.9%3.5%2.9%209.7K-16.8M-130.7K0.0635.087,82543223,91234,150
2024-09-30$22.49$19.0035.8%10.3%36.9%16.8%38.5%4.2%5.3%223.1K-15.4M-129.7K0.3012.062,33469122,39130,639