AIA Options History — September 2023

In September 2023, AIA traded between $54.85 and $59.04. ATM implied volatility averaged 45.8%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 28.1% (HV 20d: 17.7%). Max pain ranged from $58.00 to $60.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.01.

Notable Days

  • 2023-09-01: Highest Volume — 26 contracts
  • 2023-09-13: Largest IV drop — 64.3% change
  • 2023-09-12: Highest IV Rank — 79.8%
  • 2023-09-01: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.88$54.85$59.04$59.04$55.39
Max Pain$59.90$58.00$60.00$58.00$60.00
ATM IV45.8%21.2%99.0%54.5%21.2%
Expected Move10.9%6.1%15.6%15.6%6.1%
HV 20d17.7%16.2%19.0%18.9%17.4%
HV 60d20.8%20.1%21.4%21.2%20.1%
IV Rank29.6%6.3%79.8%37.8%6.3%
IV Percentile49.2%3.2%98.8%83.3%3.2%
Term Structure-6.7%-18.5%7.0%-17.1%-4.0%
Skew 25d23.2%5.6%35.8%18.1%13.1%
Skew 10d27.4%6.1%40.2%20.9%38.7%
Call IV 25d26.5%13.8%55.3%55.3%18.9%
Put IV 25d49.6%31.9%73.5%73.5%31.9%
Bid-Ask Spread %155.28132.88173.97162.68153.69
Gamma HHI0.420.360.590.590.42
Net GEX-6.7K-9.2K-3.5K-9.2K-6.8K
Net DEX103.6K36.2K159.2K102.8K134.8K
Net VEX-1.5K-1.5K-1.1K-1.1K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.010.000.040.040.00
Total Volume1.45026260
Total OI112.958911589115

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$59.04$58.0054.5%15.6%18.9%37.8%0.0%18.1%-17.1%-9.2K102.8K-1.1K0.04162.68N/AN/A2511079
2023-09-05$58.63$60.0050.2%12.1%19.0%33.8%0.0%5.6%-9.1%-4.5K36.2K-1.5K0.00141.34N/AN/A003579
2023-09-06$58.20$60.0053.2%10.0%18.3%36.6%0.0%8.3%-3.0%-3.5K63.0K-1.5K0.00132.88N/AN/A003579
2023-09-07$57.14$60.0052.6%10.2%19.0%36.0%0.0%25.6%7.0%-6.1K81.4K-1.5K0.00139.98N/AN/A003579
2023-09-08$57.02$60.0071.8%12.1%18.9%54.1%0.0%31.6%-11.4%-6.0K85.1K-1.5K0.00145.30N/AN/A003579
2023-09-11$57.60$60.0066.1%12.0%18.1%48.8%0.0%31.8%-14.3%-6.4K80.9K-1.5K0.00152.22N/AN/A003579
2023-09-12$57.73$60.0099.0%12.4%18.0%79.8%0.0%33.0%-5.2%-7.3K78.5K-1.5K0.00147.05N/AN/A003579
2023-09-13$57.56$60.0035.4%10.1%17.2%19.8%0.0%34.5%-2.6%-6.0K72.0K-1.5K0.00136.27N/AN/A003579
2023-09-14$58.01$60.0033.1%9.5%16.5%17.6%0.0%13.4%-8.3%-6.7K59.4K-1.5K0.00173.97N/AN/A103579
2023-09-15$57.61$60.0042.1%12.1%16.6%26.1%0.0%34.0%-12.6%-5.8K78.5K-1.5K0.00150.64N/AN/A003679
2023-09-18$57.40$60.0035.9%10.3%16.2%20.2%0.0%35.8%-14.7%-6.5K95.2K-1.5K0.00165.28N/AN/A003579
2023-09-19$57.00$60.0033.9%9.7%16.4%18.4%0.0%28.3%4.6%-6.4K109.2K-1.5K0.00159.24N/AN/A003579
2023-09-20$56.64$60.0036.2%10.4%16.5%20.5%0.0%32.5%-6.1%-6.5K101.2K-1.4K0.00162.32N/AN/A003579
2023-09-21$55.31$60.0033.8%9.7%16.8%18.3%0.0%21.4%-1.3%-7.9K154.1K-1.5K0.00158.50N/AN/A003579
2023-09-22$56.33$60.0038.7%11.1%18.2%22.9%0.0%12.7%0.1%-7.1K127.5K-1.5K0.00171.21N/AN/A003579
2023-09-25$55.91$60.0037.9%10.9%18.4%22.2%0.0%22.1%-5.6%-8.5K144.0K-1.4K0.00151.39N/AN/A003579
2023-09-26$54.85$60.0041.0%11.8%18.5%25.1%0.0%12.0%-18.5%-6.8K154.0K-1.4K0.00166.65N/AN/A203579
2023-09-27$55.00$60.0037.1%10.7%17.4%21.4%0.0%25.9%-1.7%-7.6K159.2K-1.4K0.00164.33N/AN/A003679
2023-09-28$55.20$60.0042.6%12.2%17.5%26.6%0.0%23.3%-9.4%-8.1K154.1K-1.4K0.00170.69N/AN/A003679
2023-09-29$55.39$60.0021.2%6.1%17.4%6.3%0.0%13.1%-4.0%-6.8K134.8K-1.4K0.00153.69N/AN/A003679