AIA Options History — February 2026

In February 2026, AIA traded between $106.12 and $118.90. ATM implied volatility averaged 23.7%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 0.2% (HV 20d: 23.5%). Max pain ranged from $74.11 to $108.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.72.

Notable Days

2026-02-03: Highest Volume — 24 contracts
2026-02-06: Largest IV spike — 43.7% change
2026-02-09: Highest IV Rank — 16.3%
2026-02-26: Largest Expected Move — 7.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$112.70	$106.12	$118.90	$109.08	$117.89
Max Pain	$102.65	$74.11	$108.00	$74.11	$108.00
ATM IV	23.7%	19.5%	29.2%	24.8%	23.5%
Expected Move	6.5%	5.6%	7.9%	7.1%	6.7%
HV 20d	23.5%	21.5%	24.9%	21.9%	22.9%
HV 60d	21.5%	21.0%	22.1%	21.1%	22.1%
IV Rank	9.6%	4.5%	16.3%	11.0%	9.4%
IV Percentile	26.0%	4.8%	57.9%	27.8%	26.2%
Term Structure	1.3%	-8.0%	7.0%	1.8%	1.3%
VWIV	24.1%	15.9%	35.1%	35.1%	23.8%
Skew 25d	0.8%	-6.6%	4.8%	2.0%	0.9%
Skew 10d	4.8%	-9.0%	17.9%	17.9%	7.5%
Call IV 25d	25.1%	20.9%	32.4%	29.4%	27.1%
Put IV 25d	25.8%	22.3%	31.5%	31.5%	28.0%
Bid-Ask Spread %	142.04	111.96	160.56	115.46	143.79
Gamma HHI	0.11	0.07	0.16	0.09	0.07
Net GEX	14.8K	10.6K	21.9K	11.2K	13.3K
Net DEX	-804.5K	-1.1M	-600.9K	-632.2K	-920.8K
Net VEX	-1.5K	-2.0K	-1.1K	-1.2K	-2.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.00	4.00	0.04	0.25
Total Volume	7.526	0	24	0	5
Total OI	135.421	109	171	109	156

Daily Data (19 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
2026-02-02	$109.08	$74.11	24.8%	7.1%	21.9%	11.0%	0.0%	2.0%	1.8%	11.2K	-632.2K	-1.2K	0.00	115.46	N/A	N/A	0	0	84	25
2026-02-03	$109.06	$74.11	25.5%	7.3%	21.5%	11.8%	35.1%	-6.6%	-0.7%	10.8K	-637.2K	-1.2K	0.04	111.96	N/A	N/A	23	1	84	25
2026-02-04	$106.92	$74.11	24.5%	7.0%	22.7%	10.6%	0.0%	-3.6%	-8.0%	13.7K	-610.1K	-1.3K	0.00	112.43	N/A	N/A	4	0	88	26
2026-02-05	$106.12	$108.00	19.5%	6.9%	22.4%	4.6%	0.0%	0.0%	-0.9%	12.6K	-600.9K	-1.2K	0.67	153.86	N/A	N/A	3	2	92	26
2026-02-06	$109.56	$108.00	28.0%	5.9%	24.8%	14.8%	22.5%	1.1%	6.3%	15.7K	-707.4K	-1.3K	0.00	153.68	N/A	N/A	0	1	95	28
2026-02-09	$110.63	$108.00	29.2%	5.8%	24.9%	16.3%	0.0%	1.4%	5.7%	14.3K	-744.9K	-1.3K	0.00	155.49	N/A	N/A	0	0	95	29
2026-02-10	$110.98	$108.00	29.0%	6.7%	24.1%	16.0%	0.0%	2.8%	-0.2%	14.0K	-763.2K	-1.2K	0.00	160.56	N/A	N/A	0	0	95	29
2026-02-11	$113.24	$108.00	19.5%	5.6%	24.1%	4.5%	0.0%	1.9%	5.3%	17.2K	-855.6K	-1.1K	1.00	150.88	N/A	N/A	6	6	95	29
2026-02-12	$112.18	$108.00	21.1%	6.1%	24.5%	6.5%	0.0%	2.0%	-1.3%	12.4K	-832.2K	-1.5K	4.00	141.69	N/A	N/A	1	4	101	35
2026-02-13	$112.77	$108.00	21.1%	6.1%	24.4%	6.6%	0.0%	2.9%	5.2%	10.6K	-834.2K	-1.6K	0.00	145.64	N/A	N/A	2	0	101	40
2026-02-17	$112.44	$108.00	21.8%	6.3%	24.3%	7.4%	0.0%	2.8%	-0.7%	14.3K	-835.9K	-1.6K	1.30	145.43	N/A	N/A	10	13	103	40
2026-02-18	$112.90	$108.00	22.1%	6.3%	23.3%	7.7%	21.1%	-2.9%	0.6%	17.0K	-959.4K	-1.7K	0.00	150.22	N/A	N/A	10	0	113	51
2026-02-19	$113.01	$108.00	23.9%	6.8%	21.9%	9.8%	0.0%	0.6%	-0.9%	18.5K	-1.0M	-1.8K	0.00	154.78	N/A	N/A	0	0	120	51
2026-02-20	$115.83	$108.00	21.3%	6.1%	23.2%	6.8%	0.0%	2.2%	3.3%	21.9K	-1.1M	-1.5K	0.00	143.12	N/A	N/A	17	0	120	51
2026-02-23	$114.52	$108.00	22.2%	6.4%	23.6%	7.9%	15.9%	-0.4%	0.5%	16.0K	-677.4K	-1.8K	0.08	143.98	N/A	N/A	12	1	85	41
2026-02-24	$117.39	$108.00	20.4%	5.9%	24.8%	5.7%	25.4%	4.8%	7.0%	15.8K	-819.4K	-1.7K	0.50	143.01	N/A	N/A	4	2	92	42
2026-02-25	$118.90	$108.00	24.4%	7.0%	23.7%	10.5%	26.5%	4.5%	2.9%	14.5K	-865.2K	-1.8K	2.00	140.84	N/A	N/A	2	4	96	44
2026-02-26	$117.84	$108.00	27.6%	7.9%	23.5%	14.2%	22.2%	-2.2%	-3.1%	16.9K	-844.0K	-1.7K	0.25	131.96	N/A	N/A	8	2	98	48
2026-02-27	$117.89	$108.00	23.5%	6.7%	22.9%	9.4%	23.8%	0.9%	1.3%	13.3K	-920.8K	-2.0K	0.25	143.79	N/A	N/A	4	1	106	50