AN Options History — May 2024

In May 2024, AN traded between $162.40 and $170.95. ATM implied volatility averaged 26.8%, placing in the 7.5% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded below realized volatility by 3.8% (HV 20d: 30.6%). Max pain ranged from $155.00 to $160.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 1.98.

Notable Days

  • 2024-05-23: Highest Volume — 2,691 contracts
  • 2024-05-13: Largest IV spike — 25.9% change
  • 2024-05-14: Highest IV Rank — 26.5%
  • 2024-05-01: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.69$162.40$170.95$164.24$170.38
Max Pain$159.09$155.00$160.00$155.00$160.00
ATM IV26.8%23.9%33.0%31.7%25.8%
Expected Move7.5%6.8%9.1%9.1%7.4%
HV 20d30.6%18.2%36.1%35.7%23.8%
HV 60d29.4%27.5%32.0%31.6%28.6%
IV Rank7.5%0.0%26.5%22.3%6.1%
IV Percentile6.6%0.0%42.9%24.6%4.4%
Term Structure2.6%-1.9%22.4%-1.9%2.0%
VWIV26.5%23.6%32.5%32.5%25.7%
Skew 25d1.8%-0.2%3.9%1.8%2.1%
Skew 10d4.8%3.5%7.5%4.7%4.3%
Call IV 25d25.3%23.2%31.1%31.1%25.1%
Put IV 25d27.1%25.1%32.9%32.9%27.2%
Bid-Ask Spread %64.3756.0174.1670.4266.93
Gamma HHI0.150.130.190.170.14
Net GEX876.2K-305.5K1.5M1.1M-76.6K
Net DEX-30.8M-44.0M-8.9M-30.1M-23.7M
Net VEX-157.6K-199.9K-139.4K-156.0K-187.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.980.1510.350.510.87
Total Volume332.5682,691184118
Total OI10,042.3648,89811,7699,29511,769

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$164.24$155.0031.7%9.1%35.7%22.3%32.5%1.8%-1.9%1.1M-30.1M-156.0K0.5170.42N/AN/A122624,3514,944
2024-05-02$162.40$155.0030.4%8.7%35.2%18.0%31.4%0.0%22.4%1.1M-27.0M-154.4K0.6274.16N/AN/A84524,3714,961
2024-05-03$165.87$155.0027.6%7.9%35.8%8.4%27.7%1.9%0.4%1.2M-34.4M-147.0K0.1566.57N/AN/A358544,4124,960
2024-05-06$166.89$160.0028.3%7.9%35.7%10.7%27.9%-0.2%1.6%1.3M-36.6M-151.6K1.5062.67N/AN/A1432154,5414,986
2024-05-07$164.80$160.0026.7%7.6%36.1%5.3%26.8%2.2%1.7%1.3M-32.4M-155.7K0.5658.49N/AN/A55314,5715,069
2024-05-08$163.51$160.0026.9%7.6%32.2%6.0%26.7%2.0%1.9%1.3M-30.1M-155.2K1.0556.01N/AN/A39414,5955,063
2024-05-09$165.54$160.0027.4%7.4%32.4%7.7%27.2%1.8%2.0%1.3M-34.1M-151.5K0.3559.69N/AN/A230804,5765,086
2024-05-10$164.85$160.0025.6%7.3%32.5%1.4%25.6%2.1%1.9%1.3M-32.2M-149.6K1.5264.44N/AN/A27414,6265,115
2024-05-13$168.78$160.0032.2%7.5%32.9%23.9%26.1%1.3%2.0%1.3M-40.1M-143.5K2.0565.13N/AN/A43884,6325,149
2024-05-14$170.05$160.0033.0%7.5%32.7%26.5%25.7%1.7%2.0%1.3M-42.5M-139.4K0.4964.88N/AN/A3501714,6365,132
2024-05-15$170.21$160.0025.0%7.2%32.1%0.0%26.8%3.9%2.1%1.3M-42.8M-143.8K4.9660.85N/AN/A1306454,7785,189
2024-05-16$170.25$155.0024.7%7.1%32.1%0.0%26.4%1.6%2.2%1.4M-43.0M-143.0K2.8465.25N/AN/A491394,8075,769
2024-05-17$170.95$160.0024.1%6.9%31.9%0.0%24.0%1.5%2.5%1.5M-44.0M-142.3K0.9169.07N/AN/A1381264,8125,779
2024-05-20$170.69$160.0024.4%7.0%32.0%1.0%24.6%1.8%2.2%878.8K-30.1M-141.9K2.1562.86N/AN/A481033,7455,153
2024-05-21$169.83$160.0023.9%6.8%31.3%0.0%25.3%2.1%2.5%846.5K-28.4M-141.2K1.7262.68N/AN/A29503,7455,190
2024-05-22$169.72$160.0024.7%7.1%31.4%2.6%24.6%2.3%2.1%864.8K-28.5M-141.8K0.9562.80N/AN/A58553,7685,201
2024-05-23$167.22$160.0025.8%7.4%32.0%6.3%26.1%0.3%1.2%818.4K-24.4M-145.2K10.3569.65N/AN/A2372,4543,7745,229
2024-05-24$170.00$160.0024.1%6.9%21.5%0.7%23.6%1.8%2.2%-97.6K-22.3M-195.6K1.0267.43N/AN/A83853,9667,532
2024-05-28$169.89$160.0025.3%7.3%18.2%4.7%25.9%2.2%1.8%-104.0K-22.0M-190.3K2.2061.49N/AN/A30664,0127,605
2024-05-29$163.89$160.0026.6%7.6%21.6%8.8%27.6%2.5%0.9%-305.5K-8.9M-199.9K5.9463.81N/AN/A331964,0077,596
2024-05-30$169.24$160.0025.4%7.3%24.2%5.1%25.8%2.4%2.1%-176.4K-19.9M-192.0K0.8760.81N/AN/A84734,0117,719
2024-05-31$170.38$160.0025.8%7.4%23.8%6.1%25.7%2.1%2.0%-76.6K-23.7M-187.0K0.8766.93N/AN/A63554,0467,723