AIA Options History — January 2023

In January 2023, AIA traded between $57.91 and $67.41. ATM implied volatility averaged 42.0%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 11.9% (HV 20d: 30.1%). Max pain ranged from $53.00 to $60.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 7.26.

Notable Days

  • 2023-01-09: Highest Volume — 465 contracts
  • 2023-01-11: Largest IV drop — 46.8% change
  • 2023-01-10: Highest IV Rank — 41.4%
  • 2023-01-04: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.93$57.91$67.41$57.91$64.76
Max Pain$58.55$53.00$60.00$53.00$59.00
ATM IV42.0%26.3%57.5%48.6%48.6%
Expected Move10.9%7.5%14.1%13.9%13.9%
HV 20d30.1%22.4%34.3%29.4%24.6%
HV 60d34.3%31.3%36.9%36.2%31.8%
IV Rank25.3%9.0%41.4%32.2%32.1%
IV Percentile61.0%16.3%90.5%78.6%76.6%
Term Structure-8.2%-29.6%5.1%-3.6%-13.1%
VWIV23.0%14.9%29.9%23.0%24.1%
Skew 25d12.7%-13.5%36.6%36.6%13.1%
Skew 10d13.2%-28.3%34.4%-7.0%-28.3%
Call IV 25d37.0%20.2%52.0%35.4%48.8%
Put IV 25d49.7%19.7%71.9%71.9%61.9%
Bid-Ask Spread %132.28115.42166.16147.99132.83
Gamma HHI0.280.230.470.260.26
Net GEX25.8K-38.9K87.8K-29.6K21.3K
Net DEX-1.7M-3.1M336.2K336.2K-2.1M
Net VEX-10.7K-15.9K-1.7K-2.6K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.260.0043.100.000.00
Total Volume63046500
Total OI1,042.553281,3653281,347

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$57.91$53.0048.6%13.9%29.4%32.2%0.0%36.6%-3.6%-29.6K336.2K-2.6K0.00147.99N/AN/A0056272
2023-01-04$60.81$53.0049.1%14.1%34.1%32.7%0.0%15.3%-29.6%-33.4K168.8K-2.4K0.00166.16N/AN/A1056272
2023-01-05$60.72$60.0051.8%9.7%34.1%35.4%0.0%14.7%-7.5%-29.2K191.7K-2.2K0.00125.80N/AN/A0057272
2023-01-06$61.90$60.0044.7%9.7%34.3%28.1%23.0%9.9%-6.0%-38.9K91.8K-2.1K0.00131.98N/AN/A01057272
2023-01-09$62.64$60.0055.2%8.4%33.9%39.0%14.9%-13.5%-10.0%-37.8K-50.2K-1.7K0.27145.51N/AN/A36510057275
2023-01-10$63.13$59.0057.5%8.8%34.0%41.4%0.0%30.6%-8.7%35.1K-1.5M-8.0K0.16139.95N/AN/A28044422175
2023-01-11$63.55$59.0030.6%8.8%33.8%13.4%29.9%18.7%-5.2%87.8K-2.5M-12.8K43.10131.72N/AN/A10431702219
2023-01-12$63.58$59.0026.3%7.5%33.7%9.0%0.0%17.2%-4.6%53.2K-2.1M-13.8K0.00132.69N/AN/A20712650
2023-01-13$64.25$59.0030.3%8.7%33.7%13.2%0.0%17.3%-5.7%37.5K-1.8M-15.9K0.00133.84N/AN/A00714650
2023-01-17$63.68$59.0032.4%9.3%31.8%15.3%24.1%2.9%-9.2%41.8K-2.2M-14.0K0.00136.80N/AN/A10714650
2023-01-18$63.28$59.0034.4%9.9%32.0%17.4%0.0%10.6%-10.1%22.3K-1.7M-15.6K0.00135.03N/AN/A00715650
2023-01-19$64.03$59.0047.1%13.5%30.7%30.6%0.0%11.3%-24.2%36.0K-1.9M-14.9K0.00127.92N/AN/A00715650
2023-01-20$65.31$59.0043.0%12.3%27.2%26.3%0.0%2.8%-6.3%65.5K-2.5M-13.6K0.00115.85N/AN/A05715650
2023-01-23$66.18$59.0043.7%12.5%27.2%27.0%0.0%4.8%-9.4%56.4K-2.6M-13.7K0.00115.42N/AN/A011714636
2023-01-24$66.17$59.0035.5%10.2%26.7%18.6%0.0%12.7%-11.5%62.4K-2.7M-13.7K0.00133.90N/AN/A00714647
2023-01-25$66.30$59.0039.0%11.2%26.7%22.2%0.0%10.9%1.2%31.4K-2.7M-13.3K0.00126.65N/AN/A00714647
2023-01-26$67.27$59.0037.4%10.7%26.0%20.5%0.0%10.3%3.1%45.1K-2.9M-13.1K0.00123.45N/AN/A00714647
2023-01-27$67.41$59.0037.1%10.6%22.4%20.2%0.0%12.6%5.1%53.2K-3.1M-12.5K0.00125.33N/AN/A00714647
2023-01-30$65.62$59.0048.0%13.8%25.0%31.5%0.0%15.0%-8.2%35.7K-2.2M-14.2K0.00116.83N/AN/A00714647
2023-01-31$64.76$59.0048.6%13.9%24.6%32.1%0.0%13.1%-13.1%21.3K-2.1M-14.1K0.00132.83N/AN/A00700647