AN Options History — May 2022

In May 2022, AN traded between $107.25 and $125.80. ATM implied volatility averaged 49.0%, placing in the 49.5% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded below realized volatility by 3.8% (HV 20d: 52.8%). Max pain ranged from $100.00 to $115.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.36.

Notable Days

  • 2022-05-18: Highest Volume — 4,519 contracts
  • 2022-05-05: Largest IV spike — 13.1% change
  • 2022-05-10: Highest IV Rank — 68.0%
  • 2022-05-18: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$118.05$107.25$125.80$119.07$119.84
Max Pain$111.19$100.00$115.00$100.00$115.00
ATM IV49.0%41.5%56.3%50.4%45.7%
Expected Move13.9%11.9%15.1%14.4%13.1%
HV 20d52.8%46.8%63.5%47.9%56.2%
HV 60d49.5%47.9%52.6%48.3%49.2%
IV Rank49.5%30.3%68.0%52.9%41.2%
IV Percentile82.8%58.7%96.0%88.5%71.0%
Term Structure-1.5%-4.6%1.2%-3.6%-2.3%
VWIV51.0%41.2%55.4%53.4%50.7%
Skew 25d7.4%2.8%10.2%8.6%7.5%
Skew 10d15.4%-5.9%22.6%17.7%14.3%
Call IV 25d46.0%38.4%49.9%47.2%43.1%
Put IV 25d53.4%44.6%59.3%55.7%50.6%
Bid-Ask Spread %42.3132.3954.4845.9954.48
Gamma HHI0.150.130.220.150.14
Net GEX1.4M10.5K2.0M1.5M1.1M
Net DEX-46.6M-83.1M3.2M-57.3M-29.8M
Net VEX-225.9K-252.6K-203.2K-252.6K-211.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.360.542.281.301.91
Total Volume1,916.7621,2834,5191,5011,540
Total OI20,767.04814,72224,03321,06216,405

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$119.07$100.0050.4%14.4%47.9%52.9%53.4%8.6%-3.6%1.5M-57.3M-252.6K1.3045.99N/AN/A65284911,1419,921
2022-05-03$122.83$100.0047.7%13.7%48.4%46.2%51.0%5.8%-2.1%1.6M-71.6M-246.8K1.4950.88N/AN/A9251,37811,32810,065
2022-05-04$125.80$100.0045.1%12.9%46.8%39.5%48.2%2.8%-1.2%1.6M-83.1M-233.8K1.4151.84N/AN/A8131,14311,60510,319
2022-05-05$122.47$110.0051.0%13.6%48.8%54.5%50.5%6.1%1.2%1.6M-70.6M-246.6K1.9335.96N/AN/A5601,08111,75210,420
2022-05-06$123.72$110.0047.9%13.1%48.5%46.6%53.8%3.1%-0.2%1.6M-74.1M-243.4K1.5532.39N/AN/A50378011,79410,521
2022-05-09$121.61$110.0053.4%14.5%48.9%60.7%53.1%7.1%-1.6%1.6M-67.4M-238.5K1.3236.93N/AN/A66187211,78610,673
2022-05-10$117.02$110.0056.3%14.9%51.6%68.0%55.4%7.3%-1.2%1.6M-51.5M-244.1K2.2834.11N/AN/A4471,02011,89310,775
2022-05-11$118.91$110.0052.0%14.9%50.2%57.1%53.2%7.5%-3.2%1.6M-57.7M-239.0K1.1140.86N/AN/A61267711,89910,849
2022-05-12$118.06$110.0051.9%14.9%50.0%56.9%54.6%10.2%-4.6%1.7M-54.7M-236.9K1.6835.20N/AN/A5991,00911,89910,840
2022-05-13$124.14$110.0047.7%13.7%52.1%46.2%52.1%6.6%-2.4%1.8M-80.4M-212.1K0.8140.44N/AN/A1,2431,01211,93110,818
2022-05-16$122.26$115.0047.8%13.7%52.9%46.3%51.9%7.7%-0.6%1.9M-77.6M-208.9K1.4644.49N/AN/A66096512,28010,953
2022-05-17$122.47$115.0047.4%13.6%49.9%45.3%47.9%5.3%-1.7%2.0M-78.9M-204.4K1.3254.05N/AN/A73596912,35111,095
2022-05-18$109.95$115.0052.5%15.1%63.5%58.4%51.3%8.4%-1.7%1.8M-20.5M-215.5K0.5444.18N/AN/A2,9321,58712,45211,216
2022-05-19$110.16$115.0050.5%14.5%61.8%53.3%52.0%10.2%0.8%1.6M-17.8M-223.7K0.8243.03N/AN/A1,2611,04012,36311,670
2022-05-20$107.85$115.0050.4%14.5%60.3%53.1%54.9%10.1%-0.6%1.4M-6.9M-211.0K1.0240.53N/AN/A1,1951,21412,34411,672
2022-05-23$107.25$115.0050.7%14.5%51.9%53.7%51.5%9.7%-2.1%10.5K3.2M-203.2K0.5538.27N/AN/A1,6208916,6208,102
2022-05-24$110.42$115.0049.8%14.3%53.1%51.6%50.5%9.6%-2.6%313.8K-4.9M-211.5K1.6041.86N/AN/A7001,1217,2608,288
2022-05-25$115.09$115.0047.1%13.5%54.8%44.6%48.7%8.3%-2.4%697.1K-16.1M-224.7K1.6038.16N/AN/A6691,0727,4738,685
2022-05-26$118.29$115.0042.4%12.2%55.3%32.6%45.8%7.5%-0.5%914.8K-25.1M-220.8K1.8539.82N/AN/A6441,1927,5388,803
2022-05-27$121.89$115.0041.5%11.9%56.3%30.3%41.2%6.2%0.9%1.1M-35.2M-214.9K1.0944.97N/AN/A6757347,5868,723
2022-05-31$119.84$115.0045.7%13.1%56.2%41.2%50.7%7.5%-2.3%1.1M-29.8M-211.1K1.9154.48N/AN/A5291,0117,6418,764