AN Options History — October 2025

In October 2025, AN traded between $192.83 and $224.74. ATM implied volatility averaged 35.6%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 13.4% (HV 20d: 22.2%). Max pain ranged from $200.00 to $220.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 2.52.

Notable Days

  • 2025-10-22: Highest Volume — 586 contracts
  • 2025-10-10: Largest IV spike — 16.2% change
  • 2025-10-16: Highest IV Rank — 34.1%
  • 2025-10-16: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$212.58$192.83$224.74$223.45$200.44
Max Pain$209.57$200.00$220.00$200.00$210.00
ATM IV35.6%28.2%42.9%30.6%34.1%
Expected Move10.5%8.8%12.3%8.8%9.8%
HV 20d22.2%17.7%31.0%20.6%30.8%
HV 60d24.8%22.1%26.6%26.1%26.1%
IV Rank21.9%9.6%34.1%13.6%19.4%
IV Percentile70.0%27.0%90.5%49.2%69.4%
Term Structure-2.2%-6.4%4.2%3.7%-1.6%
VWIV37.4%29.9%43.0%29.9%33.7%
Skew 25d3.9%1.5%8.1%2.8%3.9%
Skew 10d9.0%-1.3%24.0%10.7%13.1%
Call IV 25d35.3%29.2%40.7%29.7%32.8%
Put IV 25d39.2%32.4%44.9%32.4%36.8%
Bid-Ask Spread %70.7760.3285.9180.1375.54
Gamma HHI0.220.110.410.240.15
Net GEX362.5K-470.2K1.1M730.5K-410.9K
Net DEX-5.3M-16.0M9.0M-14.5M6.6M
Net VEX-54.4K-70.5K-40.9K-54.4K-69.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.520.206.710.880.35
Total Volume137.30455866435
Total OI3,554.9132,2454,1243,7723,404

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$223.45$200.0030.6%8.8%20.6%13.6%29.9%2.8%3.7%730.5K-14.5M-54.4K0.8880.13N/AN/A34302,0321,740
2025-10-02$223.75$200.0030.9%8.8%17.7%14.0%32.5%2.0%4.2%766.4K-15.5M-55.0K2.0080.48N/AN/A12242,0541,746
2025-10-03$224.74$200.0031.7%9.1%17.8%15.3%32.5%3.6%3.3%775.4K-16.0M-53.3K2.7385.91N/AN/A15412,0631,759
2025-10-06$219.68$210.0032.3%10.5%19.3%16.4%35.7%2.6%-1.7%765.0K-12.4M-49.9K0.6768.94N/AN/A2121432,0721,753
2025-10-07$216.99$210.0032.3%10.4%19.5%16.4%36.7%4.2%-1.5%836.8K-11.1M-52.9K1.2466.78N/AN/A29362,2771,759
2025-10-08$217.48$210.0028.2%10.5%19.4%9.6%37.1%4.2%-3.3%915.0K-11.8M-58.3K2.2465.49N/AN/A21472,2791,784
2025-10-09$218.61$210.0031.4%11.2%18.6%14.9%39.2%4.3%-6.4%905.8K-11.6M-50.8K2.8066.47N/AN/A15422,2781,786
2025-10-10$214.45$210.0036.5%11.4%18.5%23.5%39.2%3.3%-2.7%747.4K-8.6M-51.1K0.8066.91N/AN/A1082,2821,795
2025-10-13$215.81$210.0039.4%11.0%18.3%28.3%42.2%3.5%-3.1%834.9K-9.3M-49.3K2.1564.26N/AN/A13282,2801,797
2025-10-14$220.49$210.0038.9%11.4%19.9%27.5%42.4%3.9%-2.0%1.1M-13.3M-50.7K0.8263.99N/AN/A34282,2831,812
2025-10-15$217.51$210.0040.1%11.5%20.5%29.4%41.4%5.6%-5.4%1.0M-10.3M-45.0K0.6767.79N/AN/A322,2941,827
2025-10-16$214.43$210.0042.9%12.3%20.9%34.1%43.0%4.2%-3.8%778.7K-8.1M-44.3K0.2068.95N/AN/A4492,2971,827
2025-10-17$214.78$210.0041.6%11.9%20.4%32.1%40.4%2.6%-4.9%163.9K-10.3M-43.4K3.2667.79N/AN/A391272,3121,696
2025-10-20$216.90$210.0038.2%11.0%20.7%26.3%42.1%5.0%-3.8%195.2K-4.3M-40.9K4.7060.32N/AN/A301411,286959
2025-10-21$218.68$210.0039.7%11.4%20.5%28.7%40.9%5.0%-4.9%188.2K-4.4M-44.3K4.0661.58N/AN/A17691,3111,085
2025-10-22$217.19$210.0040.7%11.7%20.6%30.4%41.3%4.6%-6.0%165.0K-4.5M-48.7K6.7166.72N/AN/A765101,3271,136
2025-10-23$210.19$220.0034.1%9.8%22.2%19.4%34.8%4.5%-1.3%-132.4K1.4M-58.9K3.1374.37N/AN/A531661,3771,620
2025-10-24$202.42$220.0033.1%9.5%25.6%17.8%30.7%1.5%-0.9%-299.1K4.5M-60.5K6.0071.34N/AN/A583481,3811,707
2025-10-27$192.83$210.0033.3%9.5%30.0%18.1%32.3%2.6%-0.4%-470.2K9.0M-63.9K3.1771.19N/AN/A601901,4151,832
2025-10-28$196.39$210.0034.5%9.9%31.0%20.1%35.2%3.4%-1.5%-432.6K7.7M-65.2K5.8175.21N/AN/A321861,4491,812
2025-10-29$195.75$210.0038.5%11.0%29.4%26.8%36.5%4.5%-4.0%-417.2K7.9M-69.9K1.5483.60N/AN/A46711,4711,907
2025-10-30$196.43$210.0035.9%10.3%29.5%22.5%39.9%8.1%-2.1%-438.7K7.8M-70.5K2.0073.92N/AN/A8161,4911,909
2025-10-31$200.44$210.0034.1%9.8%30.8%19.4%33.7%3.9%-1.6%-410.9K6.6M-69.1K0.3575.54N/AN/A2691,4911,913