AN Options History — June 2009

In June 2009, AN traded between $16.05 and $18.05. ATM implied volatility averaged 50.8%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 1.5% (HV 20d: 49.2%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.74.

Notable Days

  • 2009-06-04: Highest Volume — 7,606 contracts
  • 2009-06-25: Largest IV drop — 13.0% change
  • 2009-06-04: Highest IV Rank — 17.8%
  • 2009-06-04: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.16$16.05$18.05$16.99$17.35
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV50.8%45.0%56.3%49.1%45.9%
Expected Move14.6%12.9%16.1%14.1%13.2%
HV 20d49.2%38.0%55.1%53.3%38.0%
HV 60d58.6%52.1%66.0%65.9%52.2%
IV Rank13.3%9.3%17.8%13.8%9.8%
IV Percentile9.7%1.2%20.2%9.1%2.0%
Term Structure4.4%-4.3%9.2%-2.5%6.1%
VWIV52.1%43.7%58.0%49.6%43.7%
Skew 25d10.0%3.9%24.1%10.5%15.4%
Skew 10d23.8%8.7%45.6%25.2%25.0%
Call IV 25d45.3%31.4%53.7%39.7%34.4%
Put IV 25d55.3%49.6%62.1%50.2%49.8%
Bid-Ask Spread %20.089.7727.3924.9718.27
Gamma HHI0.300.200.400.270.25
Net GEX566.2K119.8K1.1M385.5K323.1K
Net DEX-33.6M-53.5M-13.9M-31.7M-29.8M
Net VEX-191.3K-216.9K-163.7K-196.8K-163.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.740.137.651.043.81
Total Volume2,328.2731307,6062,645130
Total OI113,534.5103,878122,128107,618105,722

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-06-01$16.99$15.0049.1%14.1%53.3%13.8%49.6%10.5%-2.5%385.5K-31.7M-196.8K1.0424.97N/AN/A1,2941,35147,59460,024
2009-06-02$17.62$15.0052.1%14.9%54.9%15.4%53.9%23.2%-4.3%446.8K-39.3M-201.2K0.2815.86N/AN/A3,20389548,56960,126
2009-06-03$17.37$15.0054.8%15.7%55.1%17.0%55.0%24.1%-3.5%469.2K-36.9M-212.3K0.3815.29N/AN/A3,9731,50050,84760,502
2009-06-04$17.38$15.0056.3%16.1%55.0%17.8%56.4%17.9%-3.7%595.1K-38.4M-210.1K0.1317.23N/AN/A6,71389352,82060,758
2009-06-05$17.44$15.0053.0%14.7%54.4%16.0%51.8%6.6%6.4%801.7K-42.9M-216.9K0.7325.62N/AN/A2,4671,80955,61360,981
2009-06-08$17.84$15.0052.8%15.1%54.5%15.8%50.8%8.2%5.2%928.0K-49.0M-214.1K0.4915.92N/AN/A1,21759956,09062,152
2009-06-09$17.78$15.0049.3%14.3%53.6%13.9%49.6%8.1%7.2%974.5K-48.7M-207.9K1.7125.20N/AN/A50987155,99362,616
2009-06-10$18.05$15.0048.2%14.2%52.9%13.3%50.0%6.1%7.0%1.1M-53.5M-195.0K0.6724.78N/AN/A76250955,84163,151
2009-06-11$17.93$15.0049.6%14.2%47.9%11.9%48.4%6.2%4.4%1.1M-52.9M-194.2K0.6026.23N/AN/A1,23074055,62163,498
2009-06-12$17.57$15.0051.2%14.7%48.5%12.8%51.0%5.1%5.5%985.3K-44.1M-197.0K1.3519.36N/AN/A56676655,35063,668
2009-06-15$17.10$15.0051.5%14.8%48.9%13.0%52.6%6.2%5.3%889.1K-35.7M-192.1K2.4723.01N/AN/A1,0092,49655,34864,178
2009-06-16$16.26$15.0051.5%14.8%51.9%13.0%54.5%6.3%4.0%206.6K-21.1M-190.0K0.8617.08N/AN/A79568755,46466,471
2009-06-17$16.48$15.0051.1%14.6%51.0%12.7%53.7%4.7%6.5%428.1K-23.9M-190.6K0.6326.59N/AN/A69843855,30066,719
2009-06-18$16.76$15.0051.2%14.7%47.8%12.8%53.3%7.4%4.6%632.2K-26.6M-187.7K0.9127.39N/AN/A11810755,13366,974
2009-06-19$17.06$15.0050.8%14.6%47.2%12.6%52.2%3.9%6.0%913.4K-30.5M-190.7K0.5717.33N/AN/A52029455,08967,039
2009-06-22$16.57$15.0053.5%15.3%48.8%14.1%58.0%4.3%3.7%196.5K-20.7M-179.7K7.6520.14N/AN/A6645,08044,37759,501
2009-06-23$16.10$15.0055.5%15.9%44.4%15.3%55.1%6.1%6.5%135.6K-15.2M-179.3K6.1824.92N/AN/A2731,68744,86360,059
2009-06-24$16.05$15.0052.8%15.2%42.3%13.7%52.5%7.1%7.9%119.8K-13.9M-178.7K0.3917.41N/AN/A61723844,95260,927
2009-06-25$16.96$15.0046.0%13.2%46.3%9.9%53.5%6.5%8.0%234.4K-24.7M-173.4K5.009.77N/AN/A2971,48645,28360,965
2009-06-26$17.23$15.0045.0%12.9%46.1%9.3%46.0%14.9%9.2%311.0K-28.0M-171.3K0.4015.32N/AN/A79931645,12260,495
2009-06-29$17.55$15.0045.4%13.0%40.0%9.5%54.4%20.8%7.5%362.2K-32.4M-165.2K2.0814.00N/AN/A19740945,41960,545
2009-06-30$17.35$15.0045.9%13.2%38.0%9.8%43.7%15.4%6.1%323.1K-29.8M-163.7K3.8118.27N/AN/A2710345,32260,400