AN Options History — July 2023

In July 2023, AN traded between $150.03 and $181.13. ATM implied volatility averaged 34.9%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 1.8% (HV 20d: 33.1%). Max pain ranged from $140.00 to $175.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.53.

Notable Days

  • 2023-07-21: Highest Volume — 7,073 contracts
  • 2023-07-10: Largest IV spike — 27.0% change
  • 2023-07-11: Highest IV Rank — 42.5%
  • 2023-07-05: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$168.31$150.03$181.13$166.06$160.20
Max Pain$163.00$140.00$175.00$140.00$170.00
ATM IV34.9%26.2%44.2%36.0%28.4%
Expected Move9.8%7.5%11.8%10.3%8.1%
HV 20d33.1%14.5%52.4%32.9%51.5%
HV 60d37.5%33.4%43.4%35.6%42.5%
IV Rank15.5%0.0%42.5%16.6%6.0%
IV Percentile22.2%0.0%71.4%19.8%0.8%
Term Structure-1.0%-4.4%2.1%-0.8%1.3%
VWIV34.6%27.5%41.8%37.2%28.8%
Skew 25d2.6%0.4%4.4%3.0%1.8%
Skew 10d4.8%-5.7%15.4%-5.7%3.1%
Call IV 25d33.6%26.6%39.0%37.2%27.9%
Put IV 25d36.2%28.1%42.5%40.3%29.7%
Bid-Ask Spread %50.2329.5567.2467.2439.82
Gamma HHI0.140.100.210.100.14
Net GEX1.3M-411.7K2.4M1.6M98.4K
Net DEX-46.6M-92.1M34.3M-61.6M-3.5M
Net VEX-262.6K-349.1K-221.5K-221.5K-349.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.284.560.410.28
Total Volume1,885.854487,073448959
Total OI19,521.114,94325,90817,58519,715

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$166.06$140.0036.0%10.3%32.9%16.6%37.2%3.0%-0.8%1.6M-61.6M-221.5K0.4167.24N/AN/A3171317,9169,669
2023-07-05$168.06$140.0041.1%11.8%30.2%32.7%41.8%3.5%-4.4%1.7M-65.3M-225.4K0.5865.11N/AN/A3351938,0539,756
2023-07-06$169.25$150.0040.7%10.5%29.8%31.4%38.2%3.3%-1.6%1.8M-68.2M-234.5K1.5643.55N/AN/A1933028,2639,889
2023-07-07$171.95$150.0034.3%10.5%27.9%11.0%37.1%4.4%-1.8%2.0M-74.9M-225.4K0.4050.04N/AN/A5122038,2999,930
2023-07-10$174.05$150.0043.5%10.4%27.7%40.3%37.0%1.0%-1.5%2.2M-80.3M-234.5K0.7451.29N/AN/A4753538,54810,032
2023-07-11$177.57$150.0044.2%10.3%25.2%42.5%37.6%0.4%-1.6%2.4M-88.3M-234.4K1.6648.00N/AN/A3826338,66810,220
2023-07-12$178.57$150.0035.0%10.0%25.3%13.5%37.0%3.2%-1.4%2.3M-89.0M-237.1K2.0850.22N/AN/A3146548,70210,634
2023-07-13$178.97$160.0035.0%10.0%19.1%13.5%37.0%1.4%-1.7%2.3M-90.3M-236.7K3.1452.27N/AN/A1946108,85011,087
2023-07-14$176.21$160.0037.5%10.8%17.9%21.4%37.6%3.9%-2.5%2.1M-81.2M-248.4K4.5646.04N/AN/A4031,8378,91011,246
2023-07-17$177.24$175.0036.7%10.5%17.4%18.8%36.2%3.3%-2.0%1.8M-80.6M-256.7K1.0249.28N/AN/A3743809,19812,140
2023-07-18$179.33$175.0035.4%10.2%14.5%14.8%35.0%2.9%-1.7%2.0M-87.1M-253.9K0.6949.64N/AN/A5894089,31112,322
2023-07-19$181.13$175.0036.3%10.4%14.5%17.4%38.6%3.8%-2.5%2.3M-92.1M-246.0K0.8651.68N/AN/A3873349,47312,545
2023-07-20$176.93$175.0039.9%11.4%18.6%29.0%40.4%3.4%-0.9%1.8M-76.3M-257.6K3.5559.45N/AN/A1,4295,0709,54712,669
2023-07-21$156.54$175.0031.0%8.9%49.7%0.9%30.2%2.0%-0.9%-411.7K25.7M-245.3K1.3460.28N/AN/A3,0294,04410,30615,602
2023-07-24$150.03$175.0030.8%8.8%52.0%0.2%29.4%3.3%0.0%-169.3K34.3M-229.0K2.4948.71N/AN/A1,8154,5136,6108,333
2023-07-25$153.17$175.0028.9%8.3%52.4%0.0%29.8%2.8%0.1%14.8K26.2M-311.1K1.6636.78N/AN/A8411,3977,8789,810
2023-07-26$156.34$175.0028.6%8.2%52.3%0.0%28.7%2.7%0.5%96.4K9.2M-322.6K0.5558.18N/AN/A1,1006028,0949,955
2023-07-27$156.84$170.0028.1%8.0%51.3%0.0%28.1%1.3%1.3%224.9K6.1M-336.7K2.2647.53N/AN/A5071,1468,54910,227
2023-07-28$157.69$170.0026.2%7.5%51.3%0.0%27.5%1.5%2.1%-66.3K6.2M-346.0K0.7829.55N/AN/A4233298,63910,827
2023-07-31$160.20$170.0028.4%8.1%51.5%6.0%28.8%1.8%1.3%98.4K-3.5M-349.1K0.2839.82N/AN/A7502098,76210,953