AIA Options History — January 2021

In January 2021, AIA traded between $88.45 and $100.22. ATM implied volatility averaged 57.1%, placing in the 36.9% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 37.2% (HV 20d: 19.8%). Max pain ranged from $70.00 to $80.00. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 3.17.

Notable Days

  • 2021-01-22: Highest Volume — 200 contracts
  • 2021-01-07: Largest IV spike — 353.0% change
  • 2021-01-11: Highest IV Rank — 100.0%
  • 2021-01-29: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.79$88.45$100.22$88.45$93.43
Max Pain$77.11$70.00$80.00$70.00$80.00
ATM IV57.1%20.6%148.2%24.9%56.2%
Expected Move11.6%5.5%16.1%6.0%16.1%
HV 20d19.8%15.7%28.0%15.7%28.0%
HV 60d19.4%17.7%21.9%17.7%21.9%
IV Rank36.9%9.2%100.0%14.2%31.5%
IV Percentile82.0%12.3%100.0%40.9%94.0%
Term Structure-11.7%-33.1%8.1%0.1%-19.0%
VWIV32.7%16.4%51.3%16.4%19.6%
Skew 25d8.3%-2.2%20.9%3.3%3.2%
Skew 10d21.9%2.8%45.9%4.3%24.8%
Call IV 25d44.5%13.4%76.3%17.9%76.3%
Put IV 25d52.9%15.5%79.6%21.2%79.6%
Bid-Ask Spread %140.93117.80151.72117.80149.10
Gamma HHI0.490.180.870.570.55
Net GEX-31.6K-119.0K802-7.6K-74.3K
Net DEX349.9K-210.7K1.7M-114.1K1.7M
Net VEX-1.9K-5.9K-78-194-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.170.0034.000.000.89
Total Volume26.2110200436
Total OI211.10555468133468

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$88.45$70.0024.9%6.0%15.7%14.2%16.4%3.3%0.1%-7.6K-114.1K-1940.00117.80N/AN/A4018115
2021-01-05$90.54$70.0028.3%5.5%16.7%17.8%0.0%2.9%1.6%404-147.7K-820.00124.88N/AN/A0018115
2021-01-06$89.81$73.0020.6%5.6%17.1%9.2%0.0%2.2%-1.1%262-128.2K-781.00118.28N/AN/A1116115
2021-01-07$90.84$73.0093.3%12.3%17.1%84.9%51.3%13.0%-12.4%-15.6K71.4K-5840.67138.60N/AN/A6417116
2021-01-08$93.74$73.0097.0%11.4%19.4%88.8%0.0%20.9%-14.4%-11.9K-33.5K-6740.00141.92N/AN/A0025120
2021-01-11$93.36$73.00128.6%11.8%19.5%100.0%0.0%14.9%-18.3%-12.1K-33.5K-5910.00147.48N/AN/A8025120
2021-01-12$93.64$73.00148.2%11.9%19.0%100.0%45.3%5.5%-15.1%-8.2K-101.6K-5960.00147.03N/AN/A0632120
2021-01-13$94.04$80.0042.0%12.0%17.8%22.2%32.1%5.3%-16.8%-10.9K-77.1K-6215.00147.41N/AN/A1532126
2021-01-14$95.09$80.0042.1%12.1%17.9%22.2%41.9%8.1%-10.5%477-210.7K-5430.33144.77N/AN/A3133131
2021-01-15$94.33$80.0044.8%12.8%18.5%24.2%0.0%9.0%-14.2%802-190.0K-6760.20147.37N/AN/A5136133
2021-01-19$96.66$80.0044.5%12.8%19.6%24.0%0.0%14.6%-10.0%700-149.0K-6570.00144.30N/AN/A022926
2021-01-20$98.52$80.0044.3%12.7%19.6%22.7%43.4%15.6%-12.7%387-171.6K-63634.00146.13N/AN/A31022928
2021-01-21$99.79$80.0044.6%12.8%18.8%22.9%0.0%16.5%-10.1%-89.5K387.1K-2.1K1.00140.43N/AN/A1131130
2021-01-22$98.58$80.0045.9%13.2%19.4%23.9%0.0%11.3%-13.7%-35.4K343.0K-2.2K0.00144.76N/AN/A020032131
2021-01-25$100.22$80.0047.9%13.7%19.5%25.4%22.5%6.0%-33.1%-86.6K1.1M-5.0K0.06135.06N/AN/A34232331
2021-01-26$98.47$80.0049.8%14.3%21.6%26.8%22.0%1.2%-13.6%-119.0K1.4M-5.2K0.61143.53N/AN/A181165333
2021-01-27$95.28$80.0028.3%8.1%26.0%10.8%19.6%-2.2%8.1%-64.8K1.6M-5.2K0.26147.11N/AN/A23683344
2021-01-28$96.18$80.0053.3%15.3%25.9%29.3%0.0%7.1%-17.8%-68.4K1.3M-5.9K0.30151.72N/AN/A103106350
2021-01-29$93.43$80.0056.2%16.1%28.0%31.5%0.0%3.2%-19.0%-74.3K1.7M-5.3K0.89149.10N/AN/A1917115353