AN Options History — July 2021

In July 2021, AN traded between $97.56 and $121.68. ATM implied volatility averaged 36.3%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 0.5% (HV 20d: 35.8%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.38.

Notable Days

2021-07-21: Highest Volume — 6,872 contracts
2021-07-13: Largest IV spike — 20.9% change
2021-07-13: Highest IV Rank — 43.4%
2021-07-16: Largest Expected Move — 12.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$108.69	$97.56	$121.68	$98.18	$121.68
Max Pain	$97.14	$95.00	$100.00	$95.00	$100.00
ATM IV	36.3%	31.5%	43.4%	32.6%	35.4%
Expected Move	10.7%	9.0%	12.1%	9.4%	10.1%
HV 20d	35.8%	30.4%	39.2%	35.3%	38.5%
HV 60d	36.3%	34.8%	37.4%	35.4%	37.4%
IV Rank	21.0%	6.0%	43.4%	9.6%	18.3%
IV Percentile	26.5%	1.6%	60.7%	8.3%	25.4%
Term Structure	-1.1%	-5.4%	7.0%	6.4%	-0.2%
VWIV	38.8%	33.2%	43.3%	33.2%	37.0%
Skew 25d	2.0%	-0.9%	4.1%	-0.7%	0.5%
Skew 10d	6.8%	0.7%	13.0%	1.0%	2.3%
Call IV 25d	37.6%	32.4%	42.8%	34.1%	35.1%
Put IV 25d	39.7%	33.0%	44.3%	33.5%	35.6%
Bid-Ask Spread %	49.48	28.69	68.73	62.54	61.14
Gamma HHI	0.28	0.17	0.45	0.27	0.17
Net GEX	2.9M	2.0M	4.3M	3.0M	2.0M
Net DEX	-78.0M	-111.7M	-44.7M	-47.1M	-111.7M
Net VEX	-181.1K	-204.6K	-146.5K	-201.6K	-146.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.38	0.06	0.86	0.26	0.31
Total Volume	2,259.286	671	6,872	1,789	956
Total OI	21,993.952	15,731	24,978	23,581	20,497

Daily Data (21 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
2021-07-01	$98.18	$95.00	32.6%	9.4%	35.3%	9.6%	33.2%	-0.7%	6.4%	3.0M	-47.1M	-201.6K	0.26	62.54	N/A	N/A	1,420	369	15,830	7,751
2021-07-02	$99.49	$95.00	31.5%	9.0%	33.4%	6.0%	33.7%	-0.9%	7.0%	3.4M	-55.8M	-204.6K	0.48	68.73	N/A	N/A	1,130	538	16,080	7,688
2021-07-06	$97.56	$95.00	35.0%	11.4%	33.7%	17.0%	40.2%	1.3%	-4.0%	3.2M	-44.7M	-184.7K	0.29	43.00	N/A	N/A	965	278	16,318	7,752
2021-07-07	$99.09	$95.00	33.0%	11.6%	33.7%	10.7%	40.6%	1.9%	-5.4%	3.4M	-52.0M	-190.5K	0.06	46.06	N/A	N/A	798	48	16,490	7,801
2021-07-08	$98.41	$95.00	37.0%	12.0%	33.5%	23.2%	41.6%	3.3%	-5.2%	3.5M	-50.4M	-193.4K	0.64	47.38	N/A	N/A	562	360	16,742	7,811
2021-07-09	$103.17	$95.00	32.9%	11.0%	36.6%	10.3%	38.9%	1.8%	-3.0%	4.3M	-78.8M	-194.3K	0.36	54.71	N/A	N/A	1,641	584	16,787	8,100
2021-07-12	$105.92	$95.00	35.9%	11.5%	36.6%	19.9%	41.0%	1.9%	-3.4%	4.2M	-91.9M	-177.2K	0.17	47.95	N/A	N/A	1,793	299	16,247	8,284
2021-07-13	$104.71	$95.00	43.4%	11.6%	32.6%	43.4%	40.8%	2.0%	-4.8%	4.0M	-82.8M	-175.1K	0.43	37.75	N/A	N/A	470	201	16,158	8,377
2021-07-14	$105.34	$95.00	40.6%	11.6%	32.6%	34.5%	43.3%	0.9%	-3.9%	3.8M	-86.8M	-171.5K	0.54	46.41	N/A	N/A	1,285	697	16,193	8,422
2021-07-15	$102.92	$95.00	40.8%	11.7%	34.2%	35.2%	41.1%	1.9%	-1.8%	3.5M	-69.9M	-174.2K	0.24	51.48	N/A	N/A	638	153	16,022	8,918
2021-07-16	$102.67	$95.00	42.3%	12.1%	30.4%	39.7%	43.2%	-0.3%	-4.4%	2.1M	-68.4M	-173.1K	0.86	43.41	N/A	N/A	1,569	1,354	16,018	8,960
2021-07-19	$106.51	$95.00	40.7%	11.7%	30.6%	34.8%	42.3%	4.0%	-2.9%	2.2M	-56.8M	-178.2K	0.48	28.69	N/A	N/A	3,968	1,912	10,795	4,936
2021-07-20	$114.96	$100.00	33.0%	9.5%	38.5%	10.8%	38.4%	4.1%	-0.7%	2.1M	-86.7M	-166.2K	0.23	41.85	N/A	N/A	5,504	1,264	11,503	5,979
2021-07-21	$117.05	$100.00	38.5%	11.0%	38.5%	27.9%	40.7%	3.5%	-0.4%	2.2M	-93.3M	-187.7K	0.56	43.74	N/A	N/A	4,413	2,459	12,408	6,204
2021-07-22	$116.03	$100.00	36.2%	10.4%	39.1%	20.7%	37.3%	2.7%	0.3%	2.3M	-90.8M	-203.0K	0.24	44.08	N/A	N/A	1,414	339	12,934	7,382
2021-07-23	$116.88	$100.00	33.8%	9.7%	39.0%	13.3%	35.6%	4.1%	0.8%	2.2M	-90.1M	-194.7K	0.15	54.64	N/A	N/A	1,533	223	12,667	7,428
2021-07-26	$116.08	$100.00	35.0%	10.0%	39.2%	17.1%	36.8%	4.1%	-0.6%	2.2M	-86.3M	-189.3K	0.35	50.00	N/A	N/A	956	338	12,663	7,428
2021-07-27	$117.25	$100.00	35.1%	10.1%	38.2%	17.5%	37.4%	2.8%	-0.3%	2.3M	-91.4M	-173.5K	0.30	51.86	N/A	N/A	1,292	383	12,464	7,400
2021-07-28	$117.26	$100.00	34.7%	9.9%	38.2%	16.0%	36.1%	3.1%	0.3%	2.4M	-92.6M	-169.8K	0.50	54.41	N/A	N/A	925	466	12,696	7,484
2021-07-29	$121.40	$100.00	34.1%	9.8%	39.1%	14.2%	35.1%	0.8%	3.0%	2.1M	-109.6M	-154.7K	0.47	59.28	N/A	N/A	1,321	627	12,707	7,549
2021-07-30	$121.68	$100.00	35.4%	10.1%	38.5%	18.3%	37.0%	0.5%	-0.2%	2.0M	-111.7M	-146.5K	0.31	61.14	N/A	N/A	732	224	12,803	7,694