AN Options History — January 2026

In January 2026, AN traded between $204.45 and $220.97. ATM implied volatility averaged 34.5%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 13.1% (HV 20d: 21.5%). Max pain ranged from $200.00 to $210.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.31.

Notable Days

  • 2026-01-16: Highest Volume — 181 contracts
  • 2026-01-12: Largest IV spike — 34.3% change
  • 2026-01-30: Highest IV Rank — 32.0%
  • 2026-01-30: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$213.01$204.45$220.97$205.87$204.45
Max Pain$203.00$200.00$210.00$200.00$210.00
ATM IV34.5%26.0%41.6%26.0%41.6%
Expected Move10.1%7.5%11.9%7.5%11.9%
HV 20d21.5%17.1%25.4%24.1%23.7%
HV 60d26.5%24.1%27.9%27.5%25.1%
IV Rank20.1%5.8%32.0%5.8%32.0%
IV Percentile66.2%9.9%90.5%9.9%90.5%
Term Structure-2.8%-5.9%5.5%5.5%-5.9%
VWIV35.4%27.8%42.4%27.8%41.5%
Skew 25d3.7%0.8%5.5%2.2%3.2%
Skew 10d11.3%5.5%18.8%10.6%8.6%
Call IV 25d33.4%26.2%39.7%26.2%39.7%
Put IV 25d37.1%28.4%42.9%28.4%42.9%
Bid-Ask Spread %76.2064.9893.2093.2076.90
Gamma HHI0.330.110.710.410.11
Net GEX367.0K-48.4K1.3M309.5K-46.8K
Net DEX-4.3M-12.1M1.3M-433.5K1.3M
Net VEX-45.9K-50.4K-37.9K-49.9K-49.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.0011.5011.500.66
Total Volume53.85518125108
Total OI2,258.31,2362,9792,8471,606

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$205.87$200.0026.0%7.5%24.1%5.8%27.8%2.2%5.5%309.5K-433.5K-49.9K11.5093.20N/AN/A2231,2311,616
2026-01-05$209.31$210.0027.9%9.4%24.9%9.1%35.6%3.9%-2.2%476.3K-3.2M-48.3K0.1370.56N/AN/A5571,2311,629
2026-01-06$212.31$200.0030.8%9.8%25.3%13.8%32.0%4.5%-2.4%502.2K-5.4M-48.2K0.0064.98N/AN/A801,2561,631
2026-01-07$213.80$200.0032.4%9.7%25.4%16.5%35.3%3.0%-1.6%546.7K-7.0M-46.9K2.6772.23N/AN/A381,2641,631
2026-01-08$214.49$200.0030.4%9.6%25.4%13.2%31.8%3.6%-2.6%592.5K-8.6M-44.7K0.2374.96N/AN/A52121,2651,628
2026-01-09$216.70$200.0027.3%9.4%24.5%7.9%31.2%4.8%-3.2%597.2K-9.9M-44.8K0.7072.27N/AN/A30211,3071,632
2026-01-12$213.37$200.0036.6%9.8%25.0%23.6%34.2%3.3%-2.7%799.2K-7.5M-43.8K4.5070.77N/AN/A291,3191,621
2026-01-13$212.81$200.0037.2%10.0%18.5%24.6%32.8%4.5%-3.9%932.1K-7.4M-42.4K0.5071.63N/AN/A841,3191,628
2026-01-14$211.44$200.0034.8%10.0%17.9%20.6%33.9%5.5%-3.3%1.3M-6.8M-41.1K0.0074.73N/AN/A501,3201,631
2026-01-15$213.97$200.0035.1%10.1%18.3%21.1%34.4%3.8%-0.5%1.2M-9.3M-39.7K0.4674.46N/AN/A48221,3201,631
2026-01-16$214.88$200.0035.8%10.2%17.6%22.2%36.2%0.8%-2.3%-48.4K-12.1M-37.9K0.0782.53N/AN/A169121,3361,643
2026-01-20$214.45$200.0035.8%10.3%17.1%22.3%37.8%5.1%-3.3%12.1K-703.2K-42.5K1.1375.34N/AN/A6877537699
2026-01-21$220.97$200.0036.2%10.4%18.4%23.0%36.2%5.1%-3.1%33.7K-2.1M-46.9K0.0381.68N/AN/A893595771
2026-01-22$217.69$200.0034.3%9.8%19.1%19.8%36.8%3.4%-1.8%56.9K-2.3M-48.5K0.4574.97N/AN/A209647771
2026-01-23$213.44$200.0035.5%10.2%20.4%21.7%35.3%2.9%-3.4%20.4K-1.1M-48.0K0.8077.73N/AN/A2016653780
2026-01-26$212.29$210.0036.6%10.5%20.1%23.6%36.8%3.0%-4.0%3.5K-556.0K-47.4K0.3679.86N/AN/A145668795
2026-01-27$214.17$210.0038.3%11.0%20.3%26.5%37.6%3.5%-5.4%22.9K-1.1M-48.2K0.1178.13N/AN/A273673799
2026-01-28$215.51$210.0037.4%10.7%19.9%24.9%37.9%3.8%-5.0%32.6K-1.5M-50.4K0.1281.64N/AN/A253689836
2026-01-29$208.35$210.0040.6%11.6%23.5%30.3%42.4%4.1%-5.3%3.1K382.8K-49.1K1.8175.37N/AN/A3258722836
2026-01-30$204.45$210.0041.6%11.9%23.7%32.0%41.5%3.2%-5.9%-46.8K1.3M-49.3K0.6676.90N/AN/A6543719887