AN Options History — March 2026

In March 2026, AN traded between $181.08 and $196.38. ATM implied volatility averaged 35.4%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 8.3% (HV 20d: 27.1%). Max pain ranged from $190.00 to $210.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 12.42.

Notable Days

  • 2026-03-04: Highest Volume — 619 contracts
  • 2026-03-03: Largest IV spike — 9.7% change
  • 2026-03-27: Highest IV Rank — 27.6%
  • 2026-03-12: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$190.07$181.08$196.38$193.14$196.38
Max Pain$195.91$190.00$210.00$210.00$190.00
ATM IV35.4%31.6%39.0%31.6%35.4%
Expected Move10.1%9.1%11.9%9.1%10.1%
HV 20d27.1%20.0%40.3%40.1%27.3%
HV 60d29.7%28.3%30.8%30.2%30.8%
IV Rank21.5%15.2%27.6%15.2%21.6%
IV Percentile72.8%54.4%88.9%54.4%70.6%
Term Structure3.9%-2.4%6.5%0.2%5.7%
VWIV34.3%28.5%39.1%31.6%33.9%
Skew 25d6.0%2.4%10.8%4.5%6.9%
Skew 10d17.2%0.4%28.0%7.1%23.1%
Call IV 25d32.6%30.2%35.4%30.2%32.9%
Put IV 25d38.7%34.6%44.7%34.6%39.8%
Bid-Ask Spread %40.8616.4484.4780.6216.57
Gamma HHI0.250.090.430.210.09
Net GEX-525.3K-978.8K-64.9K-515.6K-64.9K
Net DEX8.6M2.9M14.3M7.9M2.9M
Net VEX-36.6K-48.4K-27.4K-42.3K-32.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.420.00205.330.932.50
Total Volume86.31816192963
Total OI2,366.0451,6332,8692,4321,761

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$193.14$210.0031.6%9.1%40.1%15.2%31.6%4.5%0.2%-515.6K7.9M-42.3K0.9380.62N/AN/A15148181,614
2026-03-03$194.50$210.0034.7%9.9%40.3%20.3%37.2%5.1%-0.4%-462.3K6.9M-45.5K9.3084.47N/AN/A272518281,618
2026-03-04$195.83$210.0035.5%10.2%39.6%21.7%37.6%4.5%-2.4%-355.9K5.9M-44.8K205.3381.67N/AN/A36168421,522
2026-03-05$192.57$195.0035.6%9.9%37.5%22.0%31.8%8.5%3.1%-810.7K10.4M-48.4K1.7068.94N/AN/A10178431,976
2026-03-06$192.64$195.0037.2%9.5%34.0%24.6%30.7%5.9%4.6%-849.1K10.5M-48.1K0.3978.54N/AN/A41168431,991
2026-03-09$193.29$195.0035.6%9.7%24.8%22.0%32.6%7.3%4.9%-978.8K10.6M-45.1K14.6772.40N/AN/A213088721,997
2026-03-10$192.89$195.0035.0%9.4%21.8%21.0%32.7%6.1%4.6%-705.1K8.8M-42.6K0.7171.13N/AN/A14108831,775
2026-03-11$190.99$200.0034.4%9.9%21.7%20.0%34.7%5.4%4.0%-749.8K10.0M-39.9K2.0073.75N/AN/A128761,780
2026-03-12$185.24$200.0036.1%11.9%23.4%22.8%33.4%4.2%6.5%-760.6K11.9M-37.0K0.7518.40N/AN/A438751,779
2026-03-13$182.99$200.0035.6%10.6%23.4%21.9%34.8%4.3%3.2%-812.0K13.6M-34.7K0.7419.05N/AN/A31238771,816
2026-03-16$183.08$195.0034.5%9.9%22.3%20.1%33.7%6.3%4.0%-794.0K14.0M-31.3K0.5620.78N/AN/A1699021,820
2026-03-17$183.99$195.0033.8%9.6%22.4%18.9%32.9%4.8%5.0%-816.1K13.7M-30.9K0.2622.01N/AN/A2369261,818
2026-03-18$185.30$195.0034.4%9.8%20.7%19.9%28.5%5.1%4.7%-970.0K12.9M-31.1K1.2019.77N/AN/A569381,823
2026-03-19$185.59$195.0035.1%10.0%20.0%21.1%36.8%4.8%4.9%-905.3K12.8M-31.1K0.2722.95N/AN/A45129431,830
2026-03-20$181.08$190.0036.1%10.4%20.9%22.8%35.7%4.1%3.7%-469.3K14.3M-27.4K3.6721.22N/AN/A18669701,767
2026-03-23$190.29$190.0034.8%10.0%26.0%20.6%38.1%7.2%4.9%-81.4K4.0M-31.3K2.6518.41N/AN/A2053817816
2026-03-24$190.25$190.0035.5%10.3%25.3%21.8%32.0%7.3%5.1%-100.3K4.2M-31.0K1.0016.44N/AN/A77827862
2026-03-25$192.91$190.0034.4%9.8%25.9%19.9%0.0%8.1%4.4%-92.4K3.8M-32.4K0.0019.55N/AN/A10831868
2026-03-26$194.57$190.0035.8%10.3%26.1%22.3%0.0%10.8%4.0%-84.4K3.6M-32.5K4.0022.56N/AN/A14832868
2026-03-27$191.47$190.0039.0%11.2%26.5%27.6%39.1%2.4%5.9%-91.4K3.6M-32.1K20.0029.29N/AN/A120833870
2026-03-30$192.59$190.0037.7%10.8%26.5%25.4%38.9%9.2%5.3%-86.9K3.6M-32.0K0.5620.38N/AN/A5732834872
2026-03-31$196.38$190.0035.4%10.1%27.3%21.6%33.9%6.9%5.7%-64.9K2.9M-32.8K2.5016.57N/AN/A1845868893