AIA Options History — January 2024

In January 2024, AIA traded between $52.43 and $56.72. ATM implied volatility averaged 30.6%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 8.2% (HV 20d: 22.5%). Max pain ranged from $56.00 to $58.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2024-01-16: Highest Volume — 4 contracts
2024-01-24: Largest IV spike — 110.2% change
2024-01-02: Highest IV Rank — 23.5%
2024-01-02: Largest Expected Move — 13.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.04	$52.43	$56.72	$56.72	$54.45
Max Pain	$56.19	$56.00	$58.00	$58.00	$56.00
ATM IV	30.6%	15.1%	46.5%	46.5%	33.0%
Expected Move	8.3%	4.6%	13.3%	13.3%	9.5%
HV 20d	22.5%	19.9%	25.6%	21.5%	22.0%
HV 60d	20.4%	19.4%	21.3%	20.0%	20.6%
IV Rank	11.8%	0.5%	23.5%	23.5%	13.6%
IV Percentile	23.7%	0.4%	64.7%	64.7%	21.4%
Term Structure	-0.7%	-33.6%	21.0%	-4.8%	10.8%
VWIV	18.8%	14.4%	22.0%	19.8%	14.4%
Skew 25d	-0.8%	-25.3%	46.1%	46.1%	-17.2%
Skew 10d	0.4%	-23.6%	54.3%	54.3%	-14.8%
Call IV 25d	32.9%	18.2%	49.5%	22.7%	44.3%
Put IV 25d	32.1%	15.6%	68.9%	68.9%	27.0%
Bid-Ask Spread %	151.51	133.88	190.81	190.81	155.40
Gamma HHI	0.61	0.48	0.76	0.54	0.73
Net GEX	-21.7K	-36.6K	-10.5K	-16.1K	-36.6K
Net DEX	186.8K	95.7K	277.7K	134.2K	235.9K
Net VEX	-564	-767	-382	-733	-382
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.667	0	4	0	0
Total OI	107.619	104	113	107	107

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2024-01-02	$56.72	$58.00	46.5%	13.3%	21.5%	23.5%	0.0%	46.1%	-4.8%	-16.1K	134.2K	-733	190.81	N/A	N/A	0	29	78
2024-01-03	$56.65	$58.00	43.7%	12.5%	20.1%	21.4%	19.8%	4.7%	-19.4%	-13.8K	95.7K	-742	158.15	N/A	N/A	2	29	78
2024-01-04	$56.15	$56.00	45.2%	7.2%	19.9%	22.5%	0.0%	-7.8%	-9.3%	-13.5K	151.9K	-743	153.21	N/A	N/A	0	31	78
2024-01-05	$55.91	$56.00	24.0%	8.7%	20.0%	7.0%	0.0%	-0.4%	-10.7%	-10.5K	133.7K	-767	150.82	N/A	N/A	0	31	78
2024-01-08	$56.09	$56.00	43.1%	6.5%	19.9%	21.0%	0.0%	-4.6%	7.8%	-18.4K	125.3K	-671	158.39	N/A	N/A	0	31	78
2024-01-09	$54.92	$56.00	15.1%	4.6%	21.3%	0.5%	0.0%	-0.0%	21.0%	-12.5K	162.0K	-702	143.07	N/A	N/A	0	31	78
2024-01-10	$54.62	$56.00	19.0%	5.5%	21.3%	3.3%	0.0%	0.8%	6.2%	-23.7K	193.8K	-629	164.54	N/A	N/A	0	31	78
2024-01-11	$55.00	$56.00	19.5%	5.6%	21.4%	3.7%	0.0%	1.1%	9.6%	-15.8K	171.9K	-670	148.76	N/A	N/A	0	31	78
2024-01-12	$55.09	$56.00	15.9%	4.6%	21.2%	1.1%	0.0%	-11.0%	14.1%	-15.2K	164.6K	-662	155.14	N/A	N/A	0	31	78
2024-01-16	$53.33	$56.00	31.9%	9.2%	23.1%	12.8%	19.0%	-3.0%	-1.4%	-24.9K	277.7K	-467	138.28	N/A	N/A	4	31	78
2024-01-17	$52.43	$56.00	31.8%	9.1%	23.6%	12.7%	18.5%	-25.3%	-8.0%	-14.3K	267.3K	-473	150.84	N/A	N/A	4	35	78
2024-01-18	$53.51	$56.00	34.3%	9.8%	25.1%	14.5%	0.0%	-2.1%	-1.5%	-25.7K	270.5K	-452	144.96	N/A	N/A	0	31	78
2024-01-19	$54.38	$56.00	27.3%	7.8%	25.6%	9.4%	0.0%	10.1%	5.6%	-27.4K	224.2K	-513	148.08	N/A	N/A	0	31	78
2024-01-22	$53.74	$56.00	24.4%	7.0%	23.6%	7.3%	0.0%	6.0%	13.1%	-29.1K	268.3K	-431	136.79	N/A	N/A	0	27	78
2024-01-23	$54.97	$56.00	20.3%	5.8%	24.2%	4.2%	22.0%	2.2%	5.9%	-29.5K	204.6K	-489	150.15	N/A	N/A	1	27	78
2024-01-24	$55.66	$56.00	42.6%	12.2%	24.3%	20.6%	0.0%	0.2%	-33.6%	-13.3K	183.6K	-520	137.58	N/A	N/A	0	26	78
2024-01-25	$55.71	$56.00	34.1%	9.8%	23.8%	14.4%	0.0%	-12.7%	-9.3%	-17.8K	174.7K	-511	158.63	N/A	N/A	0	26	78
2024-01-26	$55.81	$56.00	32.9%	9.4%	23.8%	13.5%	14.4%	11.3%	-10.6%	-28.4K	149.5K	-460	153.61	N/A	N/A	3	26	78
2024-01-29	$55.67	$56.00	38.5%	11.0%	22.8%	17.6%	0.0%	-13.0%	-11.8%	-32.9K	132.0K	-421	150.72	N/A	N/A	0	29	78
2024-01-30	$54.94	$56.00	20.2%	5.8%	23.1%	4.2%	0.0%	-1.4%	11.1%	-36.4K	201.4K	-412	133.88	N/A	N/A	0	29	78
2024-01-31	$54.45	$56.00	33.0%	9.5%	22.0%	13.6%	0.0%	-17.2%	10.8%	-36.6K	235.9K	-382	155.40	N/A	N/A	0	29	78