AN Options History — April 2023

In April 2023, AN traded between $126.69 and $136.77. ATM implied volatility averaged 41.2%, placing in the 32.1% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 7.8% (HV 20d: 33.4%). Max pain ranged from $135.00 to $135.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 1.77.

Notable Days

  • 2023-04-17: Highest Volume — 3,594 contracts
  • 2023-04-12: Largest IV drop — 20.7% change
  • 2023-04-10: Highest IV Rank — 81.7%
  • 2023-04-05: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$132.15$126.69$136.77$135.53$131.31
Max Pain$135.00$135.00$135.00$135.00$135.00
ATM IV41.2%30.8%56.7%42.7%30.8%
Expected Move11.3%8.8%13.8%12.2%8.8%
HV 20d33.4%29.3%37.8%35.9%32.1%
HV 60d45.0%44.4%45.7%44.4%44.5%
IV Rank32.1%0.0%81.7%36.7%0.0%
IV Percentile35.8%0.0%97.2%43.7%0.0%
Term Structure-1.3%-5.5%2.3%-2.9%2.2%
VWIV39.2%29.4%48.3%42.4%29.4%
Skew 25d6.8%-0.2%12.6%7.5%-0.2%
Skew 10d15.1%1.8%23.0%1.8%11.6%
Call IV 25d36.9%29.7%46.7%39.4%34.4%
Put IV 25d43.8%34.2%52.8%46.9%34.2%
Bid-Ask Spread %68.8256.0177.8074.3375.41
Gamma HHI0.140.080.210.100.20
Net GEX-728.1K-1.4M154.3K-118.6K-1.4M
Net DEX5.7M-13.0M22.4M-10.9M14.3M
Net VEX-272.7K-327.1K-234.3K-327.1K-238.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.770.368.140.780.54
Total Volume973.4211483,5941481,764
Total OI23,053.73715,37927,75925,17516,018

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$135.53$135.0042.7%12.2%35.9%36.7%42.4%7.5%-2.9%-118.6K-10.9M-327.1K0.7874.33N/AN/A83659,61215,563
2023-04-04$130.54$135.0044.1%12.6%37.5%41.3%42.5%5.6%-3.7%-543.2K5.5M-324.9K0.3673.67N/AN/A219789,63115,586
2023-04-05$128.51$135.0048.1%13.8%37.4%54.2%48.3%6.1%-5.5%-807.9K13.9M-310.0K1.4365.82N/AN/A4676689,58215,607
2023-04-06$126.69$135.0049.4%12.3%37.5%58.4%40.7%7.7%-1.5%-1.1M22.4M-300.0K0.9256.83N/AN/A3262999,43815,600
2023-04-10$129.17$135.0056.7%12.3%37.8%81.7%45.4%7.6%-1.8%-962.8K15.1M-284.4K3.5856.01N/AN/A1154129,29315,611
2023-04-11$133.81$135.0055.5%12.1%37.3%78.1%43.1%6.9%-1.3%-378.5K-3.6M-278.5K1.9157.55N/AN/A6141,1759,35215,625
2023-04-12$131.66$135.0044.0%12.6%34.5%41.1%42.7%7.1%-2.3%-281.2K1.7M-279.3K1.2163.59N/AN/A1832219,67314,893
2023-04-13$132.76$135.0040.9%11.7%33.9%30.9%33.3%12.6%-0.4%-161.4K-2.5M-283.3K0.4369.98N/AN/A2711169,73714,973
2023-04-14$134.94$135.0042.0%12.0%31.6%34.4%43.5%7.4%-1.6%154.3K-10.2M-279.5K2.2868.16N/AN/A1593639,93315,066
2023-04-17$134.32$135.0043.0%12.3%30.0%37.8%43.2%7.5%-2.9%-55.8K-6.2M-265.7K8.1471.20N/AN/A3933,2019,97615,301
2023-04-18$136.58$135.0041.6%11.9%30.4%33.2%42.5%7.4%-1.6%-158.1K-10.7M-277.2K2.4767.19N/AN/A36991210,25316,766
2023-04-19$136.77$135.0041.0%11.8%29.3%31.3%41.2%7.8%-1.9%-154.7K-13.0M-271.3K2.8177.80N/AN/A4821,35210,44216,375
2023-04-20$131.34$135.0036.0%10.3%31.9%15.2%36.0%6.9%2.3%-1.4M15.6M-261.7K1.3170.40N/AN/A9111,19710,59516,988
2023-04-21$133.53$135.0032.3%9.3%31.1%3.4%32.8%7.4%-0.2%-1.2M16.5M-234.3K1.1067.54N/AN/A41645810,51317,246
2023-04-24$133.03$135.0031.4%9.0%31.1%0.4%33.5%5.1%0.4%-1.2M9.3M-238.1K1.7072.82N/AN/A1662825,4829,897
2023-04-25$129.94$135.0035.2%10.1%31.9%12.8%33.8%5.6%-0.8%-1.3M17.5M-250.4K0.8675.66N/AN/A1211045,56310,116
2023-04-26$128.74$135.0035.3%10.1%31.7%13.1%36.3%7.1%-1.0%-1.4M19.3M-240.7K0.8373.91N/AN/A1791495,61210,180
2023-04-27$131.61$135.0033.3%9.5%32.5%6.6%33.8%6.7%0.1%-1.4M14.2M-237.0K0.9069.70N/AN/A108975,62810,295
2023-04-28$131.31$135.0030.8%8.8%32.1%0.0%29.4%-0.2%2.2%-1.4M14.3M-238.4K0.5475.41N/AN/A1,1456195,69810,320