AEO Options History — December 2024

In December 2024, AEO traded between $16.37 and $20.41. ATM implied volatility averaged 42.4%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded below realized volatility by 26.0% (HV 20d: 68.4%). Max pain ranged from $17.00 to $20.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.05.

Notable Days

  • 2024-12-05: Highest Volume — 44,892 contracts
  • 2024-12-05: Largest IV drop — 35.6% change
  • 2024-12-02: Highest IV Rank — 60.0%
  • 2024-12-04: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.46$16.37$20.41$19.99$16.64
Max Pain$18.71$17.00$20.00$20.00$17.00
ATM IV42.4%29.8%60.5%60.5%43.4%
Expected Move13.4%9.6%20.9%20.2%13.3%
HV 20d68.4%45.7%76.0%46.1%62.5%
HV 60d47.8%37.0%50.6%37.0%48.2%
IV Rank25.4%1.4%60.0%60.0%27.3%
IV Percentile42.9%0.4%92.1%92.1%52.0%
Term Structure0.9%-6.8%21.5%-1.8%-0.3%
VWIV47.1%40.0%73.3%70.2%45.7%
Skew 25d1.3%-23.0%17.2%5.6%3.2%
Skew 10d1.7%-18.7%10.4%7.2%5.9%
Call IV 25d40.9%21.5%56.3%55.9%41.3%
Put IV 25d42.2%20.9%61.6%61.6%44.5%
Bid-Ask Spread %38.526.2665.5718.3017.21
Gamma HHI0.200.080.290.110.25
Net GEX-628.5K-1.4M204.5K153.3K-230.2K
Net DEX12.8M-14.9M28.1M-13.2M9.9M
Net VEX-114.4K-130.7K-74.4K-102.8K-123.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.067.360.320.21
Total Volume8,390.1432,07944,8928,6173,713
Total OI93,186.09570,968118,43271,71190,944

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$19.99$20.0060.5%20.2%46.1%60.0%70.2%5.6%-1.8%153.3K-13.2M-102.8K0.3218.306,5172,10028,60243,109
2024-12-03$19.94$20.0059.5%20.3%45.7%58.0%70.5%4.2%-1.9%89.4K-9.4M-98.6K0.2624.253,9621,03427,00643,962
2024-12-04$20.41$20.0060.1%20.9%46.3%59.2%73.3%-23.0%1.9%204.5K-14.9M-103.0K0.9018.8913,24111,87929,24944,617
2024-12-05$17.34$20.0038.7%12.4%75.0%18.4%43.3%-4.9%1.8%-906.6K28.1M-74.4K2.2258.8113,94530,94738,52156,020
2024-12-06$17.88$20.0039.2%12.0%76.0%19.3%42.4%-6.5%0.6%-951.5K17.3M-117.8K0.9859.326,2896,14244,18274,250
2024-12-09$17.88$20.0038.8%12.3%75.5%18.6%42.6%3.1%2.8%-339.7K9.6M-117.6K0.348.594,0591,39432,90762,216
2024-12-10$17.91$20.0030.1%12.1%74.3%2.0%42.6%17.2%21.5%-234.4K9.2M-115.5K0.5911.614,1502,42834,03662,493
2024-12-11$17.68$19.0038.6%11.8%74.5%18.2%41.6%2.1%2.7%-441.2K11.7M-113.0K1.5054.451,5622,34634,74062,946
2024-12-12$17.45$19.0038.6%12.0%74.2%18.1%41.0%1.8%4.2%-546.1K12.1M-113.6K0.5457.702,6741,45535,31762,047
2024-12-13$17.16$19.0037.7%11.7%74.4%16.5%41.0%-14.9%6.8%-737.2K15.3M-112.5K1.1946.311,1241,33736,90761,768
2024-12-16$17.13$19.0033.3%9.6%74.1%8.1%41.8%1.3%-3.3%-754.9K13.9M-108.9K0.8764.923,6013,13533,66860,995
2024-12-17$17.02$18.0042.4%12.3%73.5%25.3%42.7%2.4%-0.4%-736.0K14.8M-111.8K7.3658.862,02714,92736,20661,352
2024-12-18$16.37$18.0045.5%13.0%74.4%31.4%45.7%2.1%-1.5%-1.2M28.0M-130.7K2.0065.571,0402,08237,18975,596
2024-12-19$16.41$18.0045.4%13.1%74.3%31.2%45.7%2.7%-2.8%-1.4M26.9M-130.1K1.1549.849691,11037,57375,906
2024-12-20$16.70$18.0042.4%12.1%74.6%25.4%43.4%3.0%0.8%-1.4M22.3M-126.6K0.5824.121,35578238,06875,917
2024-12-23$16.79$18.0042.3%12.0%73.6%25.2%41.4%4.2%-5.2%-781.1K17.6M-119.3K0.1341.192,43132427,52151,325
2024-12-24$16.49$18.0040.5%11.7%69.3%21.8%40.0%16.5%-0.7%-998.0K21.1M-117.4K0.0615.482,47115328,72451,435
2024-12-26$16.58$18.0029.8%12.4%67.7%1.4%43.0%1.8%-6.8%-817.8K17.5M-116.4K0.0948.676,93663230,76751,481
2024-12-27$16.49$17.0038.9%12.7%66.2%18.7%44.4%2.6%3.5%-565.5K15.5M-126.0K0.3558.584,6071,61336,76351,454
2024-12-30$16.43$17.0044.2%13.3%64.0%28.9%46.2%3.3%-3.1%-475.3K14.6M-123.8K0.356.262,73596537,56351,566
2024-12-31$16.64$17.0043.4%13.3%62.5%27.3%45.7%3.2%-0.3%-230.2K9.9M-123.2K0.2117.213,06365039,06551,879