AIA Options History — July 2025

In July 2025, AIA traded between $80.14 and $85.42. ATM implied volatility averaged 29.3%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 13.5% (HV 20d: 15.8%). Max pain ranged from $73.00 to $80.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2025-07-07: Highest Volume — 2 contracts
2025-07-09: Largest IV drop — 39.0% change
2025-07-08: Highest IV Rank — 28.0%
2025-07-02: Largest Expected Move — 9.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$82.82	$80.14	$85.42	$81.25	$83.24
Max Pain	$73.32	$73.00	$80.00	$73.00	$80.00
ATM IV	29.3%	23.4%	38.3%	33.3%	33.4%
Expected Move	7.9%	6.1%	9.7%	9.5%	9.6%
HV 20d	15.8%	12.4%	18.3%	17.9%	13.3%
HV 60d	20.4%	15.4%	36.0%	36.0%	15.4%
IV Rank	17.2%	10.2%	28.0%	22.0%	22.0%
IV Percentile	32.3%	3.2%	78.2%	57.5%	59.1%
Term Structure	-4.7%	-21.2%	1.5%	-12.0%	-9.0%
VWIV	37.1%	37.1%	37.1%	37.1%	37.1%
Skew 25d	1.4%	-8.7%	4.2%	1.6%	0.3%
Skew 10d	6.8%	-5.9%	11.0%	10.5%	9.2%
Call IV 25d	31.4%	25.7%	40.3%	37.1%	38.8%
Put IV 25d	32.8%	28.0%	39.1%	38.7%	39.1%
Bid-Ask Spread %	143.53	137.42	170.20	170.20	142.50
Gamma HHI	0.28	0.20	0.37	0.25	0.24
Net GEX	677	377	881	377	388
Net DEX	-23.6K	-32.0K	-11.0K	-11.2K	-25.6K
Net VEX	-67	-79	-53	-59	-79
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	0.227	0	2	0	0
Total OI	7.364	6	9	6	9

Daily Data (22 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
2025-07-01	$81.25	$73.00	33.3%	9.5%	17.9%	22.0%	0.0%	1.6%	-12.0%	377	-11.2K	-59	170.20	N/A	N/A	0	0	3	3
2025-07-02	$81.63	$73.00	34.0%	9.7%	17.8%	22.9%	0.0%	-8.7%	-21.2%	595	-12.5K	-53	168.07	N/A	N/A	0	0	3	3
2025-07-03	$81.63	$73.00	32.4%	6.1%	16.6%	21.0%	0.0%	2.3%	1.5%	585	-12.5K	-55	142.49	N/A	N/A	0	0	3	3
2025-07-07	$80.14	$73.00	37.9%	7.3%	18.1%	27.4%	0.0%	-0.4%	-4.4%	751	-24.2K	-59	140.71	N/A	N/A	2	0	5	3
2025-07-08	$80.90	$73.00	38.3%	6.6%	18.3%	28.0%	0.0%	1.4%	0.3%	397	-11.0K	-55	143.65	N/A	N/A	1	0	3	3
2025-07-09	$80.60	$73.00	23.4%	6.7%	17.8%	10.2%	0.0%	1.2%	-1.2%	546	-16.4K	-74	144.32	N/A	N/A	0	0	4	3
2025-07-10	$81.15	$73.00	23.6%	6.8%	17.8%	10.5%	0.0%	2.6%	0.5%	580	-17.4K	-74	143.87	N/A	N/A	0	0	4	3
2025-07-11	$81.15	$73.00	23.9%	6.9%	17.7%	10.9%	0.0%	1.3%	0.1%	606	-17.5K	-74	143.76	N/A	N/A	0	0	4	3
2025-07-14	$81.24	$73.00	25.0%	7.2%	17.7%	12.2%	0.0%	1.6%	-0.9%	617	-17.6K	-71	144.09	N/A	N/A	0	0	4	3
2025-07-15	$82.88	$73.00	24.9%	7.1%	17.0%	12.0%	0.0%	3.6%	-1.5%	737	-20.3K	-67	140.25	N/A	N/A	1	0	4	3
2025-07-16	$83.06	$73.00	25.3%	7.2%	17.0%	12.5%	0.0%	2.8%	-1.0%	771	-29.2K	-63	139.78	N/A	N/A	0	0	5	3
2025-07-17	$83.67	$73.00	25.4%	7.3%	16.3%	12.7%	0.0%	3.1%	-7.9%	834	-30.0K	-62	138.25	N/A	N/A	0	0	5	3
2025-07-18	$83.67	$73.00	25.9%	7.4%	16.3%	13.2%	0.0%	2.0%	-2.2%	774	-30.3K	-62	139.71	N/A	N/A	0	0	5	3
2025-07-21	$84.20	$73.00	27.3%	7.8%	15.8%	14.9%	0.0%	1.9%	-1.5%	852	-31.2K	-60	138.39	N/A	N/A	0	0	5	2
2025-07-22	$84.17	$73.00	27.9%	8.0%	15.7%	15.6%	0.0%	4.2%	-2.6%	881	-30.9K	-59	138.84	N/A	N/A	0	0	5	2
2025-07-23	$85.42	$73.00	28.1%	8.0%	12.4%	15.8%	0.0%	3.8%	-2.9%	765	-32.0K	-70	137.42	N/A	N/A	0	0	5	3
2025-07-24	$85.38	$73.00	28.7%	8.2%	12.4%	16.6%	0.0%	2.9%	-3.4%	747	-31.5K	-73	138.99	N/A	N/A	0	0	5	3
2025-07-25	$84.83	$73.00	29.5%	8.5%	12.8%	17.5%	0.0%	2.6%	-12.1%	777	-30.1K	-77	139.97	N/A	N/A	0	0	5	3
2025-07-28	$84.46	$73.00	31.4%	9.0%	12.8%	19.6%	0.0%	1.3%	-5.7%	764	-29.9K	-75	140.54	N/A	N/A	0	0	5	3
2025-07-29	$84.03	$73.00	31.8%	9.1%	12.9%	20.1%	0.0%	0.5%	-8.2%	784	-29.0K	-75	140.93	N/A	N/A	0	0	5	3
2025-07-30	$83.36	$73.00	32.7%	9.4%	13.4%	21.1%	37.1%	-0.1%	-9.0%	764	-28.1K	-74	140.96	N/A	N/A	0	1	5	3
2025-07-31	$83.24	$80.00	33.4%	9.6%	13.3%	22.0%	0.0%	0.3%	-9.0%	388	-25.6K	-79	142.50	N/A	N/A	0	0	5	4