AIA Options History — March 2019

In March 2019, AIA traded between $59.28 and $61.93. ATM implied volatility averaged 18.4%. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 4.0% (HV 20d: 14.5%). Max pain ranged from $51.00 to $51.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days.

Notable Days

  • 2019-03-05: Largest IV spike — 60.5% change
  • 2019-03-08: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.83$59.28$61.93$60.77$61.29
Max Pain$51.00$51.00$51.00$51.00$51.00
ATM IV18.4%12.7%28.6%20.7%18.1%
Expected Move5.3%4.1%7.9%5.9%4.9%
HV 20d14.5%12.5%16.1%13.1%15.3%
HV 60d17.8%17.2%18.6%18.6%17.4%
Term Structure0.8%-1.4%6.1%-0.1%-1.4%
Skew 25d2.7%-1.0%7.6%1.4%2.8%
Skew 10d1.6%-4.9%8.8%0.5%-3.2%
Call IV 25d15.8%9.4%21.8%21.8%18.2%
Put IV 25d18.5%14.5%23.2%23.2%21.0%
Bid-Ask Spread %117.2491.25151.75140.39110.34
Gamma HHI0.430.310.650.360.51
Net GEX1.4K1.1K1.8K1.3K1.3K
Net DEX-54.2K-58.5K-47.9K-53.0K-56.6K
Net VEX-76-96-60-90-64
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1111111111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$60.77$0.0020.7%5.9%13.1%0.0%0.0%1.4%-0.1%1.3K-53.0K-900.00140.39N/AN/A00110
2019-03-04$60.78$0.0014.4%4.1%13.0%0.0%0.0%0.3%1.6%1.4K-53.5K-860.00141.71N/AN/A00110
2019-03-05$61.39$0.0023.1%6.6%13.3%0.0%0.0%1.2%0.1%1.3K-54.8K-850.00140.16N/AN/A00110
2019-03-06$60.91$0.0015.0%4.3%12.5%0.0%0.0%3.0%0.6%1.3K-54.1K-820.00143.85N/AN/A00110
2019-03-07$59.95$0.0024.0%6.9%13.2%0.0%0.0%0.9%-0.9%1.4K-51.1K-890.00141.05N/AN/A00110
2019-03-08$59.28$0.0027.4%7.9%12.8%0.0%0.0%2.9%-0.5%1.6K-47.9K-960.00151.75N/AN/A00110
2019-03-11$60.39$51.0028.6%4.7%14.4%0.0%0.0%6.6%0.7%1.8K-51.1K-880.00101.12N/AN/A00110
2019-03-12$60.91$51.0015.2%4.7%14.7%0.0%0.0%7.6%0.9%1.4K-54.4K-780.00110.06N/AN/A00110
2019-03-13$60.77$51.0014.7%6.1%14.5%0.0%0.0%6.3%6.1%1.5K-52.6K-850.00107.84N/AN/A00110
2019-03-14$60.46$51.0017.4%5.4%14.6%0.0%0.0%0.9%2.3%1.4K-53.9K-710.00116.12N/AN/A00110
2019-03-15$61.18$51.0017.7%5.2%15.2%0.0%0.0%1.4%0.6%1.3K-55.4K-770.00113.10N/AN/A00110
2019-03-18$61.62$51.0012.7%4.2%15.1%0.0%0.0%5.2%2.0%1.3K-56.9K-690.0096.85N/AN/A00110
2019-03-19$61.55$51.0016.8%5.0%14.7%0.0%0.0%2.1%0.8%1.3K-57.2K-660.00114.58N/AN/A00110
2019-03-20$61.64$51.0017.5%5.0%14.6%0.0%0.0%2.2%-0.4%1.1K-57.4K-650.00111.34N/AN/A00110
2019-03-21$61.93$51.0018.3%5.3%14.6%0.0%0.0%1.0%-0.7%1.2K-58.5K-600.00107.83N/AN/A00110
2019-03-22$60.63$51.0014.2%4.4%16.1%0.0%0.0%3.9%1.1%1.4K-54.3K-710.0091.88N/AN/A00110
2019-03-25$60.53$51.0019.0%5.5%15.7%0.0%0.0%1.5%0.6%1.4K-54.4K-660.00112.94N/AN/A00110
2019-03-26$60.40$51.0018.4%5.4%15.6%0.0%0.0%-1.0%1.5%1.6K-53.5K-720.00108.99N/AN/A00110
2019-03-27$60.44$51.0018.8%5.2%15.5%0.0%0.0%-0.0%0.3%1.5K-54.1K-660.00108.96N/AN/A00110
2019-03-28$60.68$51.0015.0%4.5%15.0%0.0%0.0%6.2%0.7%1.6K-54.1K-700.0091.25N/AN/A00110
2019-03-29$61.29$51.0018.1%4.9%15.3%0.0%0.0%2.8%-1.4%1.3K-56.6K-640.00110.34N/AN/A00110