AIA Options History — February 2024

In February 2024, AIA traded between $54.77 and $58.43. ATM implied volatility averaged 27.5%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 6.8% (HV 20d: 20.7%). Max pain ranged from $58.00 to $58.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.24.

Notable Days

2024-02-16: Highest Volume — 29 contracts
2024-02-06: Largest IV spike — 128.7% change
2024-02-29: Highest IV Rank — 21.9%
2024-02-29: Largest Expected Move — 12.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$57.04	$54.77	$58.43	$54.83	$57.31
Max Pain	$58.00	$58.00	$58.00	$58.00	$58.00
ATM IV	27.5%	19.0%	44.4%	19.6%	44.4%
Expected Move	8.2%	5.5%	12.7%	10.1%	12.7%
HV 20d	20.7%	18.2%	23.9%	22.2%	18.5%
HV 60d	20.2%	19.8%	20.6%	19.9%	20.6%
IV Rank	9.6%	3.3%	21.9%	3.8%	21.9%
IV Percentile	18.8%	4.4%	65.9%	5.2%	65.9%
Term Structure	-3.5%	-16.4%	30.4%	-8.4%	-12.9%
VWIV	22.0%	22.0%	22.0%	22.0%	22.0%
Skew 25d	1.8%	-5.6%	22.1%	3.1%	2.8%
Skew 10d	3.8%	-14.7%	29.2%	-0.3%	4.0%
Call IV 25d	27.7%	13.6%	51.1%	20.2%	51.1%
Put IV 25d	29.6%	16.4%	53.9%	23.3%	53.9%
Bid-Ask Spread %	157.83	107.98	184.93	164.76	184.93
Gamma HHI	0.50	0.34	0.74	0.74	0.64
Net GEX	-15.7K	-49.1K	-362	-40.7K	-3.8K
Net DEX	-4.9K	-110.4K	218.2K	218.2K	-86.2K
Net VEX	-457	-650	-268	-379	-572
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.24	0.00	1.00	0.00	0.00
Total Volume	4.3	0	29	0	0
Total OI	104.6	70	148	107	73

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-02-01	$54.83	$58.00	19.6%	10.1%	22.2%	3.8%	0.0%	3.1%	-8.4%	-40.7K	218.2K	-379	0.00	164.76	N/A	N/A	0	0	29	78
2024-02-02	$54.77	$58.00	19.9%	7.4%	22.0%	4.0%	0.0%	22.1%	-0.3%	-41.6K	213.6K	-365	0.00	168.16	N/A	N/A	0	0	29	78
2024-02-05	$55.28	$58.00	19.1%	9.6%	22.3%	3.4%	0.0%	3.0%	-12.9%	-49.1K	180.8K	-325	0.00	179.37	N/A	N/A	13	0	29	78
2024-02-06	$56.60	$58.00	43.8%	9.4%	23.9%	21.5%	0.0%	-3.4%	-15.5%	-25.9K	52.6K	-380	1.00	179.29	N/A	N/A	1	1	42	78
2024-02-07	$56.77	$58.00	22.0%	6.3%	22.5%	5.5%	0.0%	-5.6%	-0.6%	-12.9K	-29.7K	-351	0.00	107.98	N/A	N/A	0	20	43	79
2024-02-08	$56.65	$58.00	22.8%	6.5%	22.4%	6.1%	0.0%	5.3%	2.4%	-41.9K	8.6K	-407	0.00	136.73	N/A	N/A	0	0	43	89
2024-02-09	$57.05	$58.00	28.9%	8.3%	22.4%	10.6%	0.0%	-1.7%	10.1%	-12.6K	32.0K	-499	0.00	165.87	N/A	N/A	0	3	43	89
2024-02-12	$57.76	$58.00	33.0%	9.4%	22.7%	13.5%	0.0%	-0.6%	-16.4%	-11.8K	2.1K	-383	0.00	177.16	N/A	N/A	0	1	43	92
2024-02-13	$56.17	$58.00	19.0%	5.5%	21.8%	3.3%	0.0%	-1.0%	-1.4%	-24.6K	74.7K	-395	0.00	148.53	N/A	N/A	0	2	43	90
2024-02-14	$57.32	$58.00	27.6%	7.9%	21.4%	9.6%	0.0%	1.9%	4.1%	-13.8K	19.6K	-351	0.00	176.96	N/A	N/A	0	0	43	92
2024-02-15	$57.39	$58.00	26.0%	7.4%	20.6%	8.4%	0.0%	6.4%	-1.9%	-12.2K	-44.8K	-268	0.18	118.99	N/A	N/A	11	2	43	92
2024-02-16	$57.45	$58.00	30.5%	8.7%	20.0%	11.7%	0.0%	1.0%	30.4%	-14.8K	-80.8K	-317	0.00	151.06	N/A	N/A	0	29	54	94
2024-02-20	$57.10	$58.00	24.3%	7.0%	19.6%	7.2%	22.0%	1.6%	2.3%	-1.4K	-85.7K	-593	0.00	146.29	N/A	N/A	2	0	28	42
2024-02-21	$57.52	$58.00	21.9%	6.3%	18.2%	5.5%	0.0%	2.9%	-7.1%	-549	-84.6K	-642	0.00	143.38	N/A	N/A	0	0	30	42
2024-02-22	$58.43	$58.00	32.0%	9.2%	18.5%	12.8%	0.0%	-0.9%	-12.0%	-1.8K	-96.6K	-588	0.00	158.05	N/A	N/A	1	0	30	42
2024-02-23	$58.41	$58.00	19.6%	5.6%	18.5%	3.8%	0.0%	0.9%	3.8%	-362	-102.8K	-595	0.00	166.77	N/A	N/A	0	0	31	42
2024-02-26	$58.30	$58.00	25.7%	7.4%	18.6%	8.2%	0.0%	-3.4%	-15.4%	-392	-110.4K	-498	0.00	141.09	N/A	N/A	0	0	31	42
2024-02-27	$58.28	$58.00	41.1%	11.8%	18.5%	19.5%	0.0%	0.3%	-9.8%	-1.8K	-84.8K	-650	0.00	170.37	N/A	N/A	0	0	31	42
2024-02-28	$57.32	$58.00	28.7%	8.2%	19.0%	10.5%	0.0%	2.0%	-8.4%	-2.4K	-93.1K	-573	0.00	170.83	N/A	N/A	0	0	31	42
2024-02-29	$57.31	$58.00	44.4%	12.7%	18.5%	21.9%	0.0%	2.8%	-12.9%	-3.8K	-86.2K	-572	0.00	184.93	N/A	N/A	0	0	31	42