AN Options History — February 2019

In February 2019, AN traded between $34.67 and $39.16. ATM implied volatility averaged 33.5%, placing in the 40.6% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 6.0% (HV 20d: 27.5%). Max pain ranged from $38.00 to $39.00. Net GEX was positive for 4 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 2.35.

Notable Days

  • 2019-02-22: Highest Volume — 3,545 contracts
  • 2019-02-22: Largest IV drop — 23.4% change
  • 2019-02-21: Highest IV Rank — 73.2%
  • 2019-02-21: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.66$34.67$39.16$38.50$35.28
Max Pain$38.79$38.00$39.00$39.00$38.00
ATM IV33.5%27.9%40.5%30.5%28.5%
Expected Move9.8%8.2%11.6%9.8%8.2%
HV 20d27.5%23.5%31.5%29.6%31.3%
HV 60d28.0%27.1%29.7%27.1%29.7%
IV Rank40.6%14.6%73.2%26.7%17.3%
IV Percentile56.3%25.4%92.9%37.7%30.6%
Term Structure-2.2%-5.7%1.0%-1.5%1.0%
VWIV34.3%28.2%40.7%33.3%28.5%
Skew 25d5.6%3.5%6.9%6.4%4.5%
Skew 10d15.0%6.3%26.8%26.8%16.5%
Call IV 25d31.8%26.3%37.0%30.9%26.3%
Put IV 25d37.4%30.8%43.9%37.3%30.8%
Bid-Ask Spread %34.2617.5751.7119.5346.80
Gamma HHI0.180.100.660.120.18
Net GEX-97.8K-470.2K1.2M-70.2K-470.2K
Net DEX2.2M-3.8M10.0M67.3K8.1M
Net VEX-32.3K-38.2K-26.1K-33.1K-35.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.350.516.796.792.60
Total Volume903.316443,5451,511978
Total OI8,058.1585,6139,4627,9319,224

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$38.50$39.0030.5%9.8%29.6%26.7%33.3%6.4%-1.5%-70.2K67.3K-33.1K6.7919.53N/AN/A1941,3172,9884,943
2019-02-04$38.66$39.0027.9%9.7%28.4%14.6%33.5%5.0%-2.2%-24.2K-391.9K-31.9K0.5717.57N/AN/A28163,0154,978
2019-02-05$39.14$39.0028.8%9.5%27.9%18.8%34.0%6.4%-1.1%47.5K-1.8M-30.6K6.0323.35N/AN/A925553,0394,994
2019-02-06$38.80$39.0034.1%9.8%23.5%43.3%36.4%5.0%-1.8%60.2K-1.4M-29.4K0.8521.48N/AN/A61523,0614,793
2019-02-07$37.38$39.0036.6%10.5%26.8%54.9%35.5%5.9%-2.8%-223.7K2.5M-29.6K1.1725.67N/AN/A1691973,0744,844
2019-02-08$36.94$39.0036.1%10.3%26.6%52.5%35.3%6.1%-2.7%-344.2K3.9M-28.7K0.6628.84N/AN/A1961293,0744,936
2019-02-11$37.19$39.0036.5%10.5%26.3%54.3%35.9%6.0%-2.3%-327.6K3.3M-26.8K0.8035.99N/AN/A50403,1294,929
2019-02-12$37.94$39.0034.8%10.0%27.2%46.4%35.4%5.8%-2.8%-33.3K386.9K-26.1K4.1331.29N/AN/A2691,1103,1344,929
2019-02-13$37.93$39.0035.4%10.1%26.9%49.2%36.1%6.8%-3.3%-50.5K828.8K-34.0K4.5337.47N/AN/A2571,1633,3315,875
2019-02-14$38.50$39.0035.5%10.2%25.9%50.0%35.8%6.6%-2.9%228.2K-998.2K-32.5K0.6530.81N/AN/A4973253,3415,909
2019-02-15$39.14$39.0035.5%10.2%26.4%49.9%35.8%5.5%-3.0%1.2M-3.8M-31.8K0.5134.83N/AN/A4532323,4925,970
2019-02-19$38.80$39.0038.3%11.0%26.6%62.6%38.8%6.3%-5.2%-109.6K854.1K-30.9K0.9739.82N/AN/A1271231,9093,704
2019-02-20$39.16$39.0038.2%10.9%25.0%62.3%39.6%5.6%-5.1%-90.7K266.6K-31.4K3.0536.81N/AN/A1715212,0183,770
2019-02-21$38.34$39.0040.5%11.6%25.5%73.2%40.7%6.9%-5.7%-133.3K1.7M-33.0K1.9035.93N/AN/A7201,3702,0883,982
2019-02-22$37.32$39.0031.1%8.9%27.4%29.2%31.4%5.5%-1.2%-219.1K3.5M-36.8K1.7537.45N/AN/A1,2882,2572,7634,686
2019-02-25$35.97$38.0030.6%8.8%30.1%26.9%28.9%5.2%-0.6%-419.0K7.0M-38.1K2.3848.67N/AN/A2696403,2255,653
2019-02-26$35.84$38.0029.0%8.3%29.9%19.6%28.3%3.5%0.9%-443.4K7.5M-38.2K3.9446.90N/AN/A1234843,2535,882
2019-02-27$34.67$38.0028.9%8.3%31.5%19.1%28.2%3.8%-0.2%-423.1K10.0M-34.7K1.2951.71N/AN/A3013893,2605,910
2019-02-28$35.28$38.0028.5%8.2%31.3%17.3%28.5%4.5%1.0%-470.2K8.1M-35.5K2.6046.80N/AN/A2727063,4075,817