AN Options History — August 2017

In August 2017, AN traded between $38.77 and $45.37. ATM implied volatility averaged 29.1%, placing in the 34.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 5.2% (HV 20d: 34.4%). Max pain ranged from $42.00 to $42.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 1.50.

Notable Days

  • 2017-08-01: Highest Volume — 7,001 contracts
  • 2017-08-02: Largest IV drop — 18.2% change
  • 2017-08-01: Highest IV Rank — 87.0%
  • 2017-08-01: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.64$38.77$45.37$42.10$45.37
Max Pain$42.00$42.00$42.00$42.00$42.00
ATM IV29.1%26.7%36.9%36.9%27.8%
Expected Move8.3%7.6%10.6%10.6%8.0%
HV 20d34.4%25.7%38.0%28.0%28.9%
HV 60d32.3%28.2%34.4%28.2%34.4%
IV Rank34.6%18.0%87.0%87.0%25.5%
IV Percentile53.4%19.8%98.4%98.4%36.9%
Term Structure0.5%-5.9%1.8%-5.9%1.1%
VWIV30.3%27.0%37.3%35.6%27.6%
Skew 25d4.7%3.0%6.5%5.4%3.0%
Skew 10d9.5%5.9%13.2%8.2%5.9%
Call IV 25d27.2%24.5%34.7%34.7%26.0%
Put IV 25d32.0%29.0%40.1%40.1%29.0%
Bid-Ask Spread %20.8016.2728.3520.2919.79
Gamma HHI0.150.090.320.150.13
Net GEX-569.7K-1.9M443.5K-433.0K443.5K
Net DEX11.9M-1.9M21.3M5.0M-1.9M
Net VEX-86.3K-109.4K-60.4K-72.3K-109.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.500.323.220.322.99
Total Volume4,114.9571,7367,0017,0014,578
Total OI24,581.39116,43931,64216,43924,600

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-08-01$42.10$42.0036.9%10.6%28.0%87.0%35.6%5.4%-5.9%-433.0K5.0M-72.3K0.3220.29N/AN/A5,3061,6956,7449,695
2017-08-02$39.03$42.0030.2%8.6%38.0%41.7%29.3%3.2%1.3%-671.0K18.5M-64.2K3.2228.35N/AN/A8782,82310,63810,574
2017-08-03$38.77$42.0030.1%8.6%37.1%41.0%28.4%4.1%0.8%-814.8K21.3M-60.4K1.3522.01N/AN/A9991,35210,97211,359
2017-08-04$39.82$42.0028.7%8.4%37.5%32.1%28.9%5.5%0.3%-845.7K16.8M-67.8K1.1919.10N/AN/A79294411,10711,529
2017-08-07$40.60$42.0030.4%8.4%35.9%43.3%28.1%4.3%0.3%-836.8K12.8M-68.7K0.8318.80N/AN/A2,6062,16711,25311,623
2017-08-08$40.02$42.0030.7%8.6%36.2%45.3%28.9%3.6%0.5%-923.9K18.7M-75.0K0.8919.99N/AN/A2,5612,28012,98212,758
2017-08-09$40.75$42.0029.8%8.5%36.3%39.0%27.9%5.9%-0.2%-967.9K15.0M-79.2K0.9320.70N/AN/A2,5542,36512,94913,090
2017-08-10$40.52$42.0031.4%9.0%33.1%49.6%32.3%6.1%-0.5%-1.0M17.0M-79.0K0.7722.90N/AN/A3,5322,72013,09013,157
2017-08-11$41.19$42.0030.7%8.8%33.2%45.5%30.7%6.5%-0.1%-1.1M16.5M-90.0K1.2922.93N/AN/A1,7532,26514,13614,805
2017-08-14$41.97$42.0027.7%8.0%33.9%25.2%37.3%5.6%1.6%-963.3K10.2M-90.2K1.6021.63N/AN/A1,3652,18314,29515,119
2017-08-15$41.90$42.0029.4%8.4%33.9%36.7%34.7%4.4%0.5%-1.3M12.2M-94.0K1.4121.81N/AN/A1,7812,50514,69015,763
2017-08-16$42.05$42.0028.9%8.3%33.8%32.9%33.5%4.6%0.7%-1.5M9.7M-100.2K0.9624.18N/AN/A1,7601,68615,09516,183
2017-08-17$41.19$42.0029.7%8.5%34.0%38.5%33.9%5.3%0.5%-1.9M19.1M-93.8K1.5620.32N/AN/A1,5592,42615,14116,218
2017-08-18$41.79$42.0028.0%8.0%34.5%26.8%31.6%4.8%1.1%-113.1K17.2M-91.8K1.3519.96N/AN/A1,4351,94315,17516,467
2017-08-21$42.61$42.0027.0%7.7%35.3%20.4%29.8%4.2%1.4%-49.6K5.9M-91.8K1.3818.20N/AN/A1,2721,7588,40411,456
2017-08-22$42.86$42.0027.5%7.9%35.3%23.3%27.1%5.1%0.1%55.9K4.8M-95.4K1.3821.94N/AN/A1,1821,6358,72911,563
2017-08-23$42.67$42.0027.1%7.8%35.3%20.9%28.7%4.3%0.7%18.5K5.7M-96.3K1.3616.27N/AN/A1,1171,5228,77611,768
2017-08-24$42.10$42.0027.0%7.7%35.6%20.0%28.2%4.1%1.7%-62.1K8.0M-92.4K1.5921.38N/AN/A1,0561,6848,80311,760
2017-08-25$42.91$42.0026.7%7.6%36.0%18.0%27.0%4.4%1.8%43.6K4.5M-92.3K1.1919.85N/AN/A2,6023,0918,80111,925
2017-08-28$42.14$42.0028.1%8.0%36.5%27.5%30.6%5.8%1.3%-119.3K14.3M-90.2K1.2316.84N/AN/A2,5843,18610,39513,517
2017-08-29$41.88$42.0028.2%8.1%36.5%28.7%29.5%3.3%1.8%-128.3K14.8M-92.5K2.7722.85N/AN/A1,1463,17510,46113,632
2017-08-30$43.38$42.0028.1%8.1%25.7%27.8%28.3%5.1%0.5%128.1K8.5M-97.6K2.9518.36N/AN/A1,2193,60210,55913,616
2017-08-31$45.37$42.0027.8%8.0%28.9%25.5%27.6%3.0%1.1%443.5K-1.9M-109.4K2.9919.79N/AN/A1,1463,43210,59814,002