AN Options History — July 2024

In July 2024, AN traded between $156.85 and $193.10. ATM implied volatility averaged 39.0%, placing in the 49.3% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 6.9% (HV 20d: 32.2%). Max pain ranged from $160.00 to $175.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 5.74.

Notable Days

  • 2024-07-08: Highest Volume — 3,277 contracts
  • 2024-07-31: Largest IV drop — 27.3% change
  • 2024-07-30: Highest IV Rank — 67.3%
  • 2024-07-30: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$171.13$156.85$193.10$161.63$193.10
Max Pain$164.32$160.00$175.00$160.00$175.00
ATM IV39.0%32.4%44.5%37.1%32.4%
Expected Move11.1%9.3%12.8%10.6%9.3%
HV 20d32.2%26.7%40.5%27.8%40.5%
HV 60d29.8%27.9%31.9%29.0%31.7%
IV Rank49.3%27.7%67.3%43.1%27.7%
IV Percentile78.9%42.9%94.4%72.6%42.9%
Term Structure-3.7%-8.2%-1.0%-1.0%-1.3%
VWIV39.5%32.6%45.9%36.5%32.6%
Skew 25d3.2%1.9%4.9%2.6%2.8%
Skew 10d6.3%4.8%8.4%4.9%4.8%
Call IV 25d37.3%32.0%43.3%35.8%32.0%
Put IV 25d40.5%34.8%46.6%38.4%34.8%
Bid-Ask Spread %54.1144.5875.3670.9846.87
Gamma HHI0.170.100.270.220.10
Net GEX-800.1K-3.1M451.9K-1.9M320.3K
Net DEX-8.0M-33.8M25.7M6.9M-28.1M
Net VEX-142.9K-185.1K-103.8K-172.7K-103.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.740.5454.540.543.64
Total Volume590.364903,2775031,760
Total OI10,013.8647,31412,45610,1058,296

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$161.63$160.0037.1%10.6%27.8%43.1%36.5%2.6%-1.0%-1.9M6.9M-172.7K0.5470.98N/AN/A3261773,1047,001
2024-07-02$161.02$160.0037.1%10.6%27.8%43.0%37.9%1.9%-1.2%-1.8M7.7M-173.3K0.7374.04N/AN/A62453,3337,012
2024-07-03$159.21$160.0036.9%10.6%27.2%42.3%37.9%4.9%-1.4%-2.0M12.7M-171.5K0.7275.36N/AN/A2141553,3617,023
2024-07-05$156.85$160.0039.1%10.6%26.7%49.5%37.6%2.6%-2.6%-2.2M19.1M-168.1K1.3952.08N/AN/A1452013,4647,058
2024-07-08$159.13$160.0041.5%10.7%27.1%57.3%39.1%3.2%-2.9%-2.3M13.9M-159.4K54.5453.30N/AN/A593,2183,3287,107
2024-07-09$157.07$160.0040.5%10.8%27.3%54.2%37.4%3.0%-3.4%-3.0M25.7M-185.1K6.6350.09N/AN/A161063,3428,438
2024-07-10$159.97$160.0037.3%10.7%28.2%43.8%38.1%3.2%-3.0%-3.1M16.4M-178.6K0.8852.96N/AN/A2862523,3448,503
2024-07-11$169.83$160.0036.8%10.5%35.7%42.0%37.9%2.0%-2.9%-789.6K-16.6M-150.4K0.9049.05N/AN/A3633253,4768,586
2024-07-12$171.87$160.0036.1%10.3%35.1%39.7%38.1%2.9%-3.0%-494.6K-20.0M-137.4K6.4350.15N/AN/A795083,2738,503
2024-07-15$174.49$160.0037.6%10.8%35.2%44.6%38.3%3.4%-3.6%-109.2K-23.8M-132.6K1.3950.61N/AN/A2553543,2798,434
2024-07-16$181.70$160.0036.8%10.6%36.1%42.2%37.4%3.2%-3.5%413.1K-33.8M-118.5K0.6752.70N/AN/A5984013,2708,464
2024-07-17$179.13$160.0038.2%11.0%35.8%46.8%38.7%2.5%-4.4%403.7K-30.8M-125.3K3.4753.93N/AN/A722503,4478,496
2024-07-18$176.46$165.0038.8%11.1%36.4%48.5%39.2%4.6%-1.7%79.8K-24.5M-134.3K8.8349.47N/AN/A706183,4378,580
2024-07-19$174.32$165.0039.5%11.3%34.2%51.0%39.6%3.1%-4.0%451.9K-21.9M-131.5K1.7851.07N/AN/A891583,4439,013
2024-07-22$173.70$170.0039.7%11.4%33.7%51.6%42.0%3.0%-4.9%-318.8K-9.2M-132.0K7.2750.85N/AN/A261892,2485,066
2024-07-23$172.90$170.0039.5%11.3%33.7%51.0%41.2%2.7%-4.9%-337.9K-9.0M-129.5K2.9154.15N/AN/A23672,2665,161
2024-07-24$171.69$170.0042.3%12.1%31.4%60.0%42.0%3.7%-5.6%-392.6K-7.7M-130.1K2.7756.28N/AN/A481332,2695,179
2024-07-25$174.81$170.0041.7%11.9%31.7%57.9%42.7%3.1%-5.4%-254.0K-10.7M-129.7K1.3953.00N/AN/A59822,2955,258
2024-07-26$178.65$170.0041.7%12.0%32.2%58.0%42.1%3.8%-6.0%-127.4K-14.2M-125.3K4.4352.98N/AN/A602662,3185,232
2024-07-29$178.58$170.0043.3%12.4%32.0%63.3%45.7%4.6%-7.4%-97.9K-14.3M-126.2K11.4345.95N/AN/A303432,3415,373
2024-07-30$178.78$170.0044.5%12.8%31.8%67.3%45.9%3.2%-8.2%-179.1K-13.2M-128.4K3.5944.58N/AN/A1093912,3505,534
2024-07-31$193.10$175.0032.4%9.3%40.5%27.7%32.6%2.8%-1.3%320.3K-28.1M-103.8K3.6446.87N/AN/A3791,3812,4315,865