AIA Options History — April 2025

In April 2025, AIA traded between $60.00 and $72.72. ATM implied volatility averaged 43.8%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded below realized volatility by 5.7% (HV 20d: 49.5%). Max pain ranged from $70.00 to $70.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2025-04-03: Highest Volume — 2 contracts
2025-04-07: Largest IV spike — 73.9% change
2025-04-07: Highest IV Rank — 100.0%
2025-04-11: Largest Expected Move — 15.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$67.60	$60.00	$72.72	$72.71	$70.00
Max Pain	$70.00	$70.00	$70.00	$70.00	$70.00
ATM IV	43.8%	32.3%	99.0%	35.3%	38.1%
Expected Move	10.7%	7.0%	15.5%	7.0%	10.9%
HV 20d	49.5%	23.2%	58.8%	27.0%	57.8%
HV 60d	36.0%	24.8%	39.9%	25.1%	39.3%
IV Rank	39.5%	23.5%	100.0%	34.6%	30.1%
IV Percentile	76.6%	53.2%	100.0%	68.7%	76.6%
Term Structure	-7.3%	-28.8%	15.7%	-11.3%	-7.6%
VWIV	27.0%	21.4%	32.7%	21.4%	32.7%
Skew 25d	0.1%	-10.8%	10.1%	1.8%	1.9%
Skew 10d	1.6%	-14.0%	12.1%	-5.0%	2.0%
Call IV 25d	42.9%	28.4%	57.5%	41.2%	44.3%
Put IV 25d	43.0%	29.3%	57.6%	42.9%	46.1%
Bid-Ask Spread %	161.64	152.27	180.82	164.00	155.88
Gamma HHI	0.93	0.87	0.99	0.89	0.95
Net GEX	28.1K	10.0K	54.3K	33.5K	36.0K
Net DEX	-330.1K	-583.8K	-152.5K	-583.8K	-433.0K
Net VEX	-883	-1.2K	-730	-1.1K	-730
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	0.333	0	2	0	0
Total OI	124.429	120	128	125	123

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	Put Vol	Call OI	Put OI
2025-04-01	$72.71	$70.00	35.3%	7.0%	27.0%	34.6%	0.0%	1.8%	-11.3%	33.5K	-583.8K	-1.1K	164.00	N/A	N/A	0	0	119	6
2025-04-02	$72.72	$70.00	36.0%	7.1%	23.2%	35.7%	0.0%	0.9%	-3.1%	33.4K	-581.4K	-1.1K	165.39	N/A	N/A	0	0	119	6
2025-04-03	$70.67	$70.00	51.5%	10.1%	24.9%	58.6%	21.4%	0.4%	-7.5%	41.4K	-472.5K	-1.2K	180.82	N/A	N/A	0	2	119	6
2025-04-04	$66.38	$70.00	47.1%	9.9%	32.4%	52.0%	0.0%	-4.3%	-9.5%	20.9K	-274.3K	-1.1K	175.54	N/A	N/A	0	0	119	7
2025-04-07	$62.01	$70.00	81.8%	12.8%	38.1%	100.0%	0.0%	10.1%	1.5%	14.3K	-152.5K	-809	161.25	N/A	N/A	0	0	119	7
2025-04-08	$60.00	$70.00	99.0%	13.8%	38.3%	100.0%	0.0%	-0.4%	-28.8%	10.0K	-183.7K	-833	161.78	N/A	N/A	0	1	119	7
2025-04-09	$65.88	$70.00	43.6%	12.5%	52.9%	36.4%	0.0%	-10.8%	12.7%	14.6K	-232.4K	-911	168.72	N/A	N/A	0	0	119	8
2025-04-10	$63.67	$70.00	37.9%	10.9%	53.8%	29.9%	0.0%	-0.0%	-14.6%	16.3K	-189.9K	-840	162.82	N/A	N/A	0	0	119	8
2025-04-11	$67.17	$70.00	53.9%	15.5%	57.5%	48.3%	0.0%	-1.1%	-22.5%	17.3K	-298.3K	-984	170.19	N/A	N/A	0	0	119	8
2025-04-14	$67.96	$70.00	43.9%	12.6%	56.6%	36.8%	0.0%	-0.1%	-14.9%	22.7K	-307.1K	-949	168.05	N/A	N/A	0	0	119	8
2025-04-15	$67.76	$70.00	32.3%	9.3%	56.6%	23.5%	0.0%	1.7%	-9.1%	28.5K	-298.9K	-924	156.55	N/A	N/A	0	0	119	8
2025-04-16	$66.02	$70.00	38.2%	10.9%	56.9%	30.2%	0.0%	0.1%	-13.3%	21.7K	-241.7K	-859	167.99	N/A	N/A	0	1	119	8
2025-04-17	$66.46	$70.00	33.2%	9.5%	57.1%	24.5%	0.0%	0.8%	15.7%	28.4K	-212.4K	-804	154.53	N/A	N/A	0	0	119	9
2025-04-21	$65.90	$70.00	35.3%	10.1%	57.1%	26.8%	0.0%	2.4%	-6.7%	26.7K	-234.2K	-743	152.61	N/A	N/A	0	0	119	1
2025-04-22	$67.34	$70.00	34.9%	10.0%	57.8%	26.4%	0.0%	2.4%	-2.2%	29.0K	-305.1K	-799	156.49	N/A	N/A	0	0	119	1
2025-04-23	$68.81	$70.00	34.4%	9.9%	58.6%	25.9%	0.0%	1.4%	-5.7%	33.0K	-372.9K	-827	152.91	N/A	N/A	0	0	119	1
2025-04-24	$69.50	$70.00	34.7%	10.0%	58.8%	26.2%	0.0%	-2.5%	-5.6%	54.3K	-365.5K	-802	152.83	N/A	N/A	1	0	119	1
2025-04-25	$69.53	$70.00	34.4%	9.9%	58.7%	25.9%	32.7%	-5.0%	-6.7%	38.7K	-380.9K	-809	152.27	N/A	N/A	0	2	120	1
2025-04-28	$69.44	$70.00	37.9%	10.9%	57.9%	29.8%	0.0%	2.1%	-6.6%	34.0K	-402.3K	-772	156.49	N/A	N/A	0	0	120	3
2025-04-29	$69.59	$70.00	37.0%	10.6%	57.9%	28.8%	0.0%	1.1%	-7.2%	35.1K	-409.7K	-751	157.43	N/A	N/A	0	0	120	3
2025-04-30	$70.00	$70.00	38.1%	10.9%	57.8%	30.1%	0.0%	1.9%	-7.6%	36.0K	-433.0K	-730	155.88	N/A	N/A	0	0	120	3