AN Options History — February 2024

In February 2024, AN traded between $137.27 and $154.52. ATM implied volatility averaged 38.3%, placing in the 39.9% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 3.9% (HV 20d: 34.3%). Max pain ranged from $145.00 to $150.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 2.50.

Notable Days

  • 2024-02-13: Highest Volume — 2,643 contracts
  • 2024-02-07: Largest IV drop — 27.4% change
  • 2024-02-06: Highest IV Rank — 89.7%
  • 2024-02-12: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$144.70$137.27$154.52$146.31$149.52
Max Pain$145.25$145.00$150.00$145.00$145.00
ATM IV38.3%30.9%54.6%47.6%30.9%
Expected Move10.3%8.9%12.1%11.1%8.9%
HV 20d34.3%29.6%36.8%32.7%35.9%
HV 60d34.8%33.3%36.9%36.9%33.4%
IV Rank39.9%17.5%89.7%68.5%17.5%
IV Percentile55.0%13.9%97.6%95.2%13.9%
Term Structure0.1%-3.8%2.5%-0.9%2.1%
VWIV36.8%31.6%44.7%41.0%31.6%
Skew 25d2.8%0.9%3.7%3.6%0.9%
Skew 10d6.1%2.8%9.3%6.3%2.8%
Call IV 25d35.0%31.1%41.1%37.0%31.1%
Put IV 25d37.8%32.0%44.0%40.6%32.0%
Bid-Ask Spread %50.9731.4463.2650.6645.13
Gamma HHI0.100.080.140.110.12
Net GEX549.6K-382.7K1.7M871.0K1.3M
Net DEX-7.9M-29.7M7.4M-12.9M-17.7M
Net VEX-197.6K-216.0K-180.6K-216.0K-201.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.500.4123.952.000.62
Total Volume767.4902,64390409
Total OI14,125.2512,89117,11113,23915,343

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$146.31$145.0047.6%11.1%32.7%68.5%41.0%3.6%-0.9%871.0K-12.9M-216.0K2.0050.66N/AN/A30606,6426,597
2024-02-02$146.03$145.0048.5%11.2%32.2%71.2%39.4%3.6%-0.9%894.6K-13.1M-209.6K1.1349.35N/AN/A8349426,6556,614
2024-02-05$143.41$145.0053.2%11.3%33.0%85.5%39.4%3.7%-1.7%575.7K-7.7M-200.0K0.6141.06N/AN/A122756,5266,405
2024-02-06$144.06$145.0054.6%11.4%32.2%89.7%39.8%3.5%-1.7%670.5K-9.2M-200.3K2.7348.65N/AN/A401096,6146,466
2024-02-07$144.66$145.0039.6%11.4%32.1%44.1%39.4%3.7%-1.6%719.9K-9.8M-199.7K0.5151.43N/AN/A69356,6386,490
2024-02-08$146.34$145.0040.7%11.7%32.3%47.3%44.7%3.7%-2.1%869.3K-12.6M-200.3K2.0961.76N/AN/A801676,6466,513
2024-02-09$152.07$145.0040.5%11.6%34.5%46.8%40.4%2.9%-2.4%1.5M-24.1M-213.6K2.4662.31N/AN/A832046,6846,641
2024-02-12$154.52$145.0042.1%12.1%29.6%51.6%42.7%2.9%-3.8%1.7M-29.7M-210.5K0.5953.34N/AN/A1,5489126,7216,732
2024-02-13$148.57$145.0035.9%10.3%33.5%32.8%37.4%3.0%0.5%1.0M-13.5M-197.9K1.0362.09N/AN/A1,3041,3397,7007,315
2024-02-14$143.95$150.0034.3%9.8%35.5%27.7%34.7%2.7%0.8%102.3K-3.7M-201.0K0.4857.35N/AN/A7033408,4678,013
2024-02-15$143.93$145.0033.3%9.6%35.3%24.9%35.1%3.5%2.1%156.3K-4.4M-202.5K4.1751.71N/AN/A1265268,7748,081
2024-02-16$143.37$145.0032.6%9.3%35.4%22.7%33.3%2.5%2.0%301.1K-2.2M-202.8K1.5550.90N/AN/A1852868,8308,281
2024-02-20$139.00$145.0034.4%9.9%36.8%28.2%36.5%2.5%0.7%-101.9K3.8M-188.4K23.9557.64N/AN/A601,4376,5716,320
2024-02-21$137.27$145.0034.8%10.0%36.4%29.4%34.9%2.5%1.1%-382.7K7.4M-182.2K1.4238.56N/AN/A1041486,5936,672
2024-02-22$138.31$145.0032.7%9.4%35.7%23.0%33.7%2.3%2.1%-327.0K5.7M-180.6K1.2946.68N/AN/A971256,6686,721
2024-02-23$141.07$145.0031.8%9.1%36.3%20.3%32.2%1.9%2.5%-55.2K870.2K-182.5K0.4931.44N/AN/A5372626,6656,724
2024-02-26$141.69$145.0033.2%9.5%36.1%24.4%34.2%2.5%1.2%65.3K-383.9K-181.5K0.9944.09N/AN/A72717,0316,898
2024-02-27$145.00$145.0032.4%9.3%35.7%22.0%32.7%2.2%1.3%539.9K-8.0M-183.4K1.4951.94N/AN/A7151,0687,0566,909
2024-02-28$144.86$145.0032.1%9.2%35.7%21.3%33.0%1.9%1.8%504.2K-7.1M-197.0K0.4163.26N/AN/A88367,6267,663
2024-02-29$149.52$145.0030.9%8.9%35.9%17.5%31.6%0.9%2.1%1.3M-17.7M-201.6K0.6245.13N/AN/A2531567,6647,679