AIA Options History — January 2025

In January 2025, AIA traded between $65.77 and $70.62. ATM implied volatility averaged 38.1%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 18.3% (HV 20d: 19.8%). Max pain ranged from $60.00 to $60.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2025-01-29: Highest Volume — 1 contracts
2025-01-15: Largest IV drop — 62.5% change
2025-01-14: Highest IV Rank — 91.1%
2025-01-03: Largest Expected Move — 10.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$68.64	$65.77	$70.62	$67.36	$69.92
Max Pain	$60.00	$60.00	$60.00	$60.00	$60.00
ATM IV	38.1%	27.8%	74.3%	37.7%	32.1%
Expected Move	8.5%	6.9%	10.9%	10.8%	9.2%
HV 20d	19.8%	17.7%	22.6%	18.5%	22.6%
HV 60d	20.6%	19.8%	22.0%	22.0%	21.5%
IV Rank	38.2%	23.3%	91.1%	37.7%	29.6%
IV Percentile	55.5%	18.3%	98.8%	72.6%	49.6%
Term Structure	-7.3%	-16.0%	-1.8%	-16.0%	-8.0%
Skew 25d	-0.4%	-4.7%	1.3%	-4.7%	-1.6%
Skew 10d	-2.8%	-20.9%	17.8%	-14.6%	0.8%
Call IV 25d	35.4%	30.2%	46.6%	46.1%	40.1%
Put IV 25d	35.1%	29.0%	46.8%	41.4%	38.4%
Bid-Ask Spread %	171.38	166.96	187.98	183.80	166.96
Gamma HHI	0.70	0.66	0.74	0.69	0.66
Net GEX	29.6K	24.7K	33.0K	28.6K	31.1K
Net DEX	-447.7K	-536.7K	-289.5K	-397.6K	-520.9K
Net VEX	-2.0K	-2.1K	-1.8K	-2.1K	-1.9K
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	0.05	0	1	0	0
Total OI	142.1	142	143	142	143

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	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2025-01-02	$67.36	$0.00	37.7%	10.8%	18.5%	37.7%	0.0%	-4.7%	-16.0%	28.6K	-397.6K	-2.1K	183.80	N/A	N/A	0	138	4
2025-01-03	$68.62	$0.00	38.1%	10.9%	19.9%	38.3%	0.0%	0.2%	-13.6%	28.2K	-431.0K	-2.1K	187.98	N/A	N/A	0	138	4
2025-01-06	$69.39	$60.00	40.6%	6.9%	20.2%	42.0%	0.0%	-1.4%	-1.8%	29.9K	-501.2K	-2.1K	168.29	N/A	N/A	0	138	4
2025-01-07	$68.21	$60.00	46.1%	7.0%	21.0%	50.0%	0.0%	-1.6%	-2.1%	31.7K	-455.2K	-2.1K	170.67	N/A	N/A	0	138	4
2025-01-08	$67.88	$60.00	45.8%	7.3%	18.9%	49.6%	0.0%	0.2%	-2.9%	29.1K	-395.0K	-2.0K	171.24	N/A	N/A	0	138	4
2025-01-10	$66.55	$60.00	52.1%	7.6%	18.3%	58.7%	0.0%	-0.5%	-4.8%	27.5K	-331.9K	-1.9K	169.98	N/A	N/A	0	138	4
2025-01-13	$65.77	$60.00	67.1%	8.0%	18.4%	80.7%	0.0%	0.7%	-4.6%	24.7K	-289.5K	-1.8K	168.80	N/A	N/A	0	138	4
2025-01-14	$66.67	$60.00	74.3%	8.0%	19.4%	91.1%	0.0%	-0.2%	-5.8%	27.9K	-360.9K	-2.0K	169.68	N/A	N/A	0	138	4
2025-01-15	$67.78	$60.00	27.8%	8.0%	20.4%	23.3%	0.0%	0.1%	-4.9%	28.9K	-392.2K	-2.0K	171.34	N/A	N/A	0	138	4
2025-01-16	$68.27	$60.00	27.8%	8.0%	20.7%	23.3%	0.0%	0.1%	-7.1%	29.9K	-439.1K	-2.0K	172.09	N/A	N/A	0	138	4
2025-01-17	$68.80	$60.00	28.2%	8.1%	19.4%	23.8%	0.0%	0.7%	-7.6%	26.9K	-505.7K	-2.0K	169.85	N/A	N/A	0	138	4
2025-01-21	$69.81	$60.00	28.9%	8.3%	18.0%	24.9%	0.0%	0.0%	-7.3%	31.3K	-517.1K	-2.0K	170.13	N/A	N/A	0	138	4
2025-01-22	$69.88	$60.00	30.0%	8.6%	17.8%	26.5%	0.0%	-0.6%	-8.8%	30.1K	-496.8K	-2.0K	171.37	N/A	N/A	0	138	4
2025-01-23	$69.83	$60.00	29.9%	8.6%	17.7%	26.3%	0.0%	0.7%	-7.7%	30.3K	-491.1K	-2.0K	171.31	N/A	N/A	0	138	4
2025-01-24	$70.48	$60.00	29.6%	8.5%	17.7%	25.8%	0.0%	-0.5%	-7.8%	30.4K	-536.7K	-2.0K	169.98	N/A	N/A	0	138	4
2025-01-27	$68.26	$60.00	31.3%	9.0%	21.2%	28.3%	0.0%	-0.9%	-10.6%	30.3K	-429.1K	-1.9K	169.65	N/A	N/A	0	138	4
2025-01-28	$69.29	$60.00	30.4%	8.7%	21.9%	27.0%	0.0%	1.3%	-6.6%	31.7K	-443.3K	-1.9K	167.45	N/A	N/A	0	138	4
2025-01-29	$69.41	$60.00	31.7%	9.1%	21.7%	28.9%	0.0%	-0.6%	-12.1%	31.5K	-492.2K	-1.9K	169.41	N/A	N/A	1	138	4
2025-01-30	$70.62	$60.00	31.7%	9.1%	22.4%	28.9%	0.0%	1.0%	-6.8%	33.0K	-528.1K	-1.9K	167.64	N/A	N/A	0	139	4
2025-01-31	$69.92	$60.00	32.1%	9.2%	22.6%	29.6%	0.0%	-1.6%	-8.0%	31.1K	-520.9K	-1.9K	166.96	N/A	N/A	0	139	4