ASAN Options History — May 2025

In May 2025, ASAN traded between $16.16 and $18.26. ATM implied volatility averaged 82.1%, placing in the 54.7% IV rank vs the trailing year. The 30-day expected move averaged 22.6%. IV traded above realized volatility by 36.8% (HV 20d: 45.3%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.72.

Notable Days

  • 2025-05-09: Highest Volume — 2,967 contracts
  • 2025-05-05: Largest IV spike — 20.7% change
  • 2025-05-07: Highest IV Rank — 68.2%
  • 2025-05-29: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.49$16.16$18.26$16.18$17.95
Max Pain$15.24$15.00$17.00$15.00$17.00
ATM IV82.1%68.9%91.5%84.7%72.5%
Expected Move22.6%16.1%25.8%17.5%25.7%
HV 20d45.3%30.4%86.5%86.5%33.4%
HV 60d86.6%85.2%88.7%88.7%85.5%
IV Rank54.7%35.7%68.2%58.4%40.9%
IV Percentile82.9%62.3%93.3%90.9%64.7%
Term Structure-5.0%-42.5%29.7%2.4%-4.1%
VWIV78.4%56.7%89.4%61.4%89.4%
Skew 25d8.8%3.2%49.8%9.8%4.0%
Skew 10d17.0%-30.5%53.1%42.6%-1.0%
Call IV 25d75.2%45.2%85.3%75.1%79.6%
Put IV 25d84.0%51.4%95.2%84.9%83.6%
Bid-Ask Spread %42.6828.7965.2765.2737.81
Gamma HHI0.160.090.280.160.10
Net GEX289.0K61.5K569.8K292.0K262.1K
Net DEX-15.7M-23.8M-8.6M-10.0M-16.4M
Net VEX-180.7K-187.1K-172.8K-182.0K-179.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.122.150.370.92
Total Volume1,612.0483482,9671,9142,306
Total OI70,225.28660,01276,21374,36166,632

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$16.18$15.0084.7%17.5%86.5%58.4%61.4%9.8%2.4%292.0K-10.0M-182.0K0.3765.27N/AN/A1,39951545,55328,808
2025-05-02$16.20$15.0068.9%16.1%77.0%35.7%56.7%8.0%29.7%228.1K-9.6M-182.1K1.0664.41N/AN/A65269246,03129,616
2025-05-05$16.16$15.0083.1%23.1%76.8%56.2%77.3%9.9%-6.5%223.2K-8.6M-180.9K0.5955.51N/AN/A63437345,30129,288
2025-05-06$16.39$15.0086.0%21.9%73.7%60.2%76.6%9.5%-2.9%280.8K-10.0M-181.8K1.8450.92N/AN/A36967945,73329,343
2025-05-07$16.78$15.0091.5%22.5%73.7%68.2%78.2%4.8%-42.5%368.0K-12.7M-184.2K0.3447.02N/AN/A2608845,83529,490
2025-05-08$17.36$15.0087.8%22.6%42.1%62.8%76.3%7.1%-6.2%485.7K-17.7M-187.1K0.6846.39N/AN/A81355045,98529,565
2025-05-09$17.24$15.0088.3%22.3%37.2%63.6%76.1%49.8%-7.0%455.2K-16.6M-185.6K0.7147.22N/AN/A1,7371,23046,06029,569
2025-05-12$18.09$15.0083.9%22.4%40.1%57.3%77.0%8.7%-5.0%478.3K-21.5M-183.1K0.3047.77N/AN/A1,15734845,01829,052
2025-05-13$18.20$15.0084.0%22.2%40.0%57.5%74.8%9.0%-5.3%498.2K-22.5M-183.4K1.0033.13N/AN/A84684445,17729,278
2025-05-14$18.09$15.0083.8%22.3%40.3%57.1%77.0%6.5%-6.3%529.0K-21.7M-183.5K0.1233.04N/AN/A1,27115145,41830,010
2025-05-15$18.07$15.0084.7%22.7%36.1%58.4%77.6%6.8%-6.1%569.8K-22.3M-181.8K0.4032.07N/AN/A68027045,87130,110
2025-05-16$18.20$15.0083.3%22.4%35.5%56.3%79.2%3.2%-7.5%262.0K-23.8M-180.6K0.4346.63N/AN/A50721646,00430,209
2025-05-19$18.11$15.0082.2%22.9%30.4%54.9%83.3%8.9%-9.7%135.4K-15.9M-177.7K2.1529.00N/AN/A40587132,05227,960
2025-05-20$17.70$15.0080.4%22.8%32.7%52.2%78.7%4.2%-1.4%107.8K-13.4M-175.0K0.6428.79N/AN/A1,7091,09332,31028,640
2025-05-21$17.04$15.0079.8%22.9%35.9%51.4%79.5%5.3%-9.5%61.5K-9.4M-172.8K0.8044.98N/AN/A1,18194233,06729,307
2025-05-22$17.71$15.0080.1%23.1%31.5%51.8%80.5%8.0%2.1%132.6K-13.9M-178.4K0.4445.98N/AN/A50122033,64929,959
2025-05-23$17.57$15.0081.8%23.9%31.7%54.3%81.4%8.5%-4.9%79.3K-13.1M-177.5K1.0641.61N/AN/A78182533,81230,142
2025-05-27$17.83$15.0079.2%25.0%31.9%50.5%87.8%3.7%-5.0%128.4K-14.3M-176.7K0.2030.24N/AN/A2,22243533,42830,043
2025-05-28$18.26$16.0080.9%25.5%32.4%53.0%88.2%5.3%-5.3%233.3K-18.1M-179.9K0.7735.89N/AN/A1,4061,08935,01230,218
2025-05-29$18.21$17.0077.5%25.8%32.6%48.1%89.1%4.7%-4.8%259.0K-18.0M-181.8K0.3632.64N/AN/A1,16242435,50230,674
2025-05-30$17.95$17.0072.5%25.7%33.4%40.9%89.4%4.0%-4.1%262.1K-16.4M-179.3K0.9237.81N/AN/A1,2001,10635,79830,834