AN Options History — February 2026

In February 2026, AN traded between $194.42 and $217.36. ATM implied volatility averaged 34.2%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded below realized volatility by 3.6% (HV 20d: 37.8%). Max pain ranged from $200.00 to $220.00. Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 10.31.

Notable Days

  • 2026-02-26: Highest Volume — 237 contracts
  • 2026-02-06: Largest IV drop — 33.1% change
  • 2026-02-04: Highest IV Rank — 40.7%
  • 2026-02-04: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$203.61$194.42$217.36$203.72$194.42
Max Pain$211.05$200.00$220.00$210.00$210.00
ATM IV34.2%30.2%46.8%43.7%30.5%
Expected Move9.7%8.7%13.4%12.5%8.7%
HV 20d37.8%23.8%42.3%23.8%40.5%
HV 60d29.8%24.9%31.8%24.9%30.2%
IV Rank19.6%12.8%40.7%35.5%13.4%
IV Percentile61.4%44.0%94.8%92.9%44.0%
Term Structure-1.9%-9.1%0.4%-6.7%-0.4%
VWIV36.4%30.5%45.3%45.3%33.9%
Skew 25d4.2%0.2%6.5%6.0%3.5%
Skew 10d10.4%-10.5%29.3%29.3%10.7%
Call IV 25d32.5%28.6%41.8%41.6%29.0%
Put IV 25d36.6%32.4%48.3%47.6%32.4%
Bid-Ask Spread %76.7768.7983.2777.4681.94
Gamma HHI0.150.100.240.120.20
Net GEX-216.1K-507.8K81.0K-71.5K-440.9K
Net DEX2.5M-3.4M6.9M1.7M6.9M
Net VEX-48.2K-52.5K-40.8K-49.4K-44.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.310.05117.500.905.50
Total Volume115.579152379539
Total OI2,1521,6482,6311,6482,380

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$203.72$210.0043.7%12.5%23.8%35.5%45.3%6.0%-6.7%-71.5K1.7M-49.4K0.9077.46N/AN/A5045720928
2026-02-03$207.68$200.0042.8%12.3%24.0%34.0%43.1%5.1%-5.9%-46.8K576.4K-51.5K0.0583.27N/AN/A402751967
2026-02-04$214.76$200.0046.8%13.4%26.4%40.7%45.1%6.5%-9.1%3.6K-1.6M-52.5K0.7180.15N/AN/A1712745968
2026-02-05$204.74$210.0045.8%11.5%31.4%38.9%42.6%4.9%-3.3%-78.3K1.4M-51.1K1.7378.91N/AN/A82142748972
2026-02-06$217.36$210.0030.6%9.2%38.3%13.5%33.1%2.9%-1.7%81.0K-3.4M-52.2K0.8476.43N/AN/A109928181,087
2026-02-09$209.31$220.0030.2%8.7%40.5%12.8%42.7%3.9%-0.3%-56.3K-436.3K-49.6K5.8875.78N/AN/A261538121,114
2026-02-10$206.91$220.0031.3%8.7%40.3%14.7%42.8%3.7%0.4%-126.1K672.5K-51.3K18.6774.22N/AN/A91688141,284
2026-02-11$207.80$220.0031.1%8.9%40.3%14.4%44.6%4.1%-0.3%-144.3K852.3K-52.3K8.1074.10N/AN/A10818201,446
2026-02-12$207.60$220.0032.0%9.2%40.3%15.8%32.5%3.8%-0.2%-146.9K748.4K-50.5K9.5075.39N/AN/A4388161,517
2026-02-13$202.15$210.0031.8%9.1%41.0%15.6%32.8%4.2%-0.5%-328.2K3.6M-48.6K6.8173.21N/AN/A261778191,539
2026-02-17$200.02$210.0033.6%9.6%41.0%18.6%31.7%5.0%-2.9%-474.0K5.2M-47.8K1.6768.79N/AN/A42708341,636
2026-02-18$204.44$210.0031.9%9.2%42.0%15.8%31.4%4.2%-1.3%-295.2K2.5M-48.6K0.3675.58N/AN/A163588401,599
2026-02-19$200.39$210.0031.5%9.0%40.6%15.0%31.9%4.5%-1.1%-507.8K4.2M-46.8K3.7072.77N/AN/A271009791,629
2026-02-20$201.71$210.0030.5%8.7%40.6%13.3%31.0%5.1%-0.0%-456.2K3.1M-47.5K1.4779.22N/AN/A17259831,648
2026-02-23$194.76$210.0032.4%9.3%41.7%16.6%33.8%3.6%-0.4%-250.5K5.6M-42.8K7.1172.38N/AN/A9648011,323
2026-02-24$197.63$210.0031.2%8.9%42.3%14.5%31.8%4.0%-0.7%-251.4K4.9M-44.1K0.5076.08N/AN/A1058061,373
2026-02-25$196.67$210.0030.7%8.8%42.0%13.7%30.5%4.1%-0.9%-260.0K5.3M-43.3K4.8880.02N/AN/A8398131,376
2026-02-26$196.46$210.0031.6%9.1%41.9%15.2%31.7%0.2%0.1%-256.6K5.4M-40.8K117.5083.00N/AN/A22358151,368
2026-02-27$194.42$210.0030.5%8.7%40.5%13.4%33.9%3.5%-0.4%-440.9K6.9M-44.6K5.5081.94N/AN/A6338151,565