AEO Options History — February 2025

In February 2025, AEO traded between $13.00 and $15.93. ATM implied volatility averaged 57.5%, placing in the 54.2% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 19.3% (HV 20d: 38.1%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.60.

Notable Days

  • 2025-02-28: Highest Volume — 39,971 contracts
  • 2025-02-04: Largest IV spike — 62.9% change
  • 2025-02-04: Highest IV Rank — 88.0%
  • 2025-02-28: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.47$13.00$15.93$15.61$13.00
Max Pain$15.58$15.00$17.00$17.00$15.00
ATM IV57.5%43.9%75.2%46.2%62.8%
Expected Move15.6%10.4%19.9%11.1%19.9%
HV 20d38.1%31.0%43.4%41.5%35.4%
HV 60d50.7%48.1%52.2%50.6%48.1%
IV Rank54.2%28.4%88.0%32.6%64.3%
IV Percentile80.7%52.8%99.6%57.1%96.8%
Term Structure-2.3%-19.8%6.7%1.1%-4.4%
VWIV54.3%34.1%69.8%37.8%69.0%
Skew 25d6.2%-4.5%33.4%4.7%5.3%
Skew 10d11.3%-14.0%37.5%-4.0%10.9%
Call IV 25d54.6%45.0%60.7%45.0%60.7%
Put IV 25d60.7%48.3%83.9%49.8%65.9%
Bid-Ask Spread %13.534.2536.2112.186.56
Gamma HHI0.350.150.570.510.21
Net GEX-636.4K-1.4M211.5K-1.1M-470.0K
Net DEX19.2M9.9M30.7M16.5M16.9M
Net VEX-100.2K-112.4K-78.8K-100.2K-105.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.600.059.630.910.05
Total Volume6,075.47439139,9712,67339,971
Total OI55,945.31646,64368,52349,94368,523

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-02-03$15.61$17.0046.2%11.1%41.5%32.6%37.8%4.7%1.1%-1.1M16.5M-100.2K0.9112.181,4011,27217,61832,325
2025-02-04$15.86$17.0075.2%10.6%41.8%88.0%37.4%33.4%-19.8%-1.1M13.4M-99.9K0.8013.4063850917,89132,157
2025-02-05$15.77$17.0050.2%10.4%41.8%40.4%34.1%-2.3%-0.4%-1.2M14.8M-97.8K3.2329.815271,70218,05532,214
2025-02-06$15.93$16.0055.1%13.6%41.1%49.6%46.6%8.4%1.2%-1.1M13.0M-103.7K0.717.5522816318,29833,714
2025-02-07$15.64$17.0043.9%13.7%41.4%28.4%48.3%-4.2%3.2%-1.3M16.6M-100.6K0.7111.4559542118,31933,737
2025-02-10$15.00$17.0054.9%14.6%43.4%49.2%52.0%7.7%-3.9%-1.4M23.7M-90.0K1.784.251,3072,32517,66132,889
2025-02-11$14.52$15.0054.0%14.6%42.1%47.7%53.1%4.2%-2.9%-1.0M28.1M-85.1K1.457.431,0251,48718,58634,365
2025-02-12$14.16$15.0067.6%15.2%41.8%73.5%52.7%21.5%-7.3%-765.5K30.7M-78.8K1.2518.143,6564,55319,10934,933
2025-02-13$14.27$15.0055.9%15.5%40.3%51.2%52.3%4.1%-2.1%-733.0K28.4M-109.1K0.216.405,3081,09724,12638,748
2025-02-14$14.29$15.0053.7%15.6%38.8%47.0%54.0%5.2%-1.0%-395.7K27.5M-107.8K0.548.282,4871,33128,44738,995
2025-02-18$14.77$15.0056.2%16.0%39.9%51.7%55.0%5.1%-2.0%-969.7K20.4M-112.4K0.725.203,1992,30126,83639,198
2025-02-19$14.48$15.0058.8%16.9%31.0%56.7%57.3%4.8%-2.5%-94.2K24.8M-108.2K1.4712.8453478527,37738,784
2025-02-20$14.34$15.0057.8%16.8%31.0%54.9%59.3%3.3%-4.4%211.5K24.1M-105.7K2.4911.651,2032,99127,74438,055
2025-02-21$13.64$15.0058.7%17.2%33.2%56.6%60.5%3.7%-3.7%72.4K15.0M-97.4K1.2232.902,7633,36528,40127,222
2025-02-24$13.89$15.0056.7%17.7%34.3%52.7%59.7%5.6%-1.7%-151.4K9.9M-103.5K0.3711.721,90870521,56525,078
2025-02-25$13.39$15.0060.5%18.2%35.0%59.9%64.5%7.4%3.6%-167.1K12.6M-98.0K1.0013.451,0011,00222,70425,492
2025-02-26$13.39$15.0062.2%19.2%35.2%63.1%69.8%-4.5%6.7%-165.4K12.4M-101.3K1.9436.211,9823,84723,42926,083
2025-02-27$13.05$15.0061.4%19.6%35.6%61.7%67.4%4.0%-2.8%-281.7K15.7M-99.5K9.637.571,49114,35425,11729,166
2025-02-28$13.00$15.0062.8%19.9%35.4%64.3%69.0%5.3%-4.4%-470.0K16.9M-105.1K0.056.5638,0611,91025,90042,623