ASAN Options History — September 2025

In September 2025, ASAN traded between $13.25 and $14.59. ATM implied volatility averaged 49.9%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 2.4% (HV 20d: 52.3%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2025-09-03: Highest Volume — 28,366 contracts
  • 2025-09-23: Largest IV spike — 49.2% change
  • 2025-09-03: Highest IV Rank — 63.9%
  • 2025-09-03: Largest Expected Move — 31.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.86$13.25$14.59$13.98$13.31
Max Pain$13.67$12.50$15.00$14.50$14.00
ATM IV49.9%32.6%86.9%83.5%47.8%
Expected Move15.1%12.8%31.7%29.8%13.5%
HV 20d52.3%47.2%59.4%53.5%47.2%
HV 60d45.8%42.1%47.1%42.1%46.9%
IV Rank16.7%0.0%63.9%59.4%18.7%
IV Percentile21.1%0.0%87.7%82.1%18.7%
Term Structure0.4%-4.4%20.7%-3.9%-1.4%
VWIV52.9%44.3%111.3%104.3%48.4%
Skew 25d2.2%-1.1%6.0%4.5%-0.4%
Skew 10d6.8%-5.3%21.7%5.0%10.9%
Call IV 25d48.2%25.5%83.8%82.6%49.0%
Put IV 25d50.4%29.4%88.4%87.2%48.6%
Bid-Ask Spread %19.467.6875.4214.1010.05
Gamma HHI0.200.100.530.100.21
Net GEX57.6K-1.5M590.5K-11.2K133.5K
Net DEX-3.8M-13.3M12.4M-3.0M-578.9K
Net VEX-180.2K-200.8K-166.6K-193.3K-166.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.141.900.680.74
Total Volume7,457.7141,19528,36613,5823,354
Total OI97,981.61985,397126,50296,60886,720

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$13.98$14.5083.5%29.8%53.5%59.4%104.3%4.5%-3.9%-11.2K-3.0M-193.3K0.6814.10N/AN/A8,0895,49351,31345,295
2025-09-03$14.20$14.5086.9%31.7%53.5%63.9%111.3%4.6%-4.4%36.9K-5.8M-200.8K1.1214.80N/AN/A13,35015,01655,53849,751
2025-09-04$14.59$15.0046.5%12.9%52.7%9.7%48.3%-0.2%0.7%33.6K-12.3M-197.8K0.4118.69N/AN/A15,5626,31064,25662,246
2025-09-05$13.43$15.0047.0%13.7%59.4%10.3%47.1%3.6%-0.1%-1.5M12.4M-174.5K1.907.68N/AN/A9,44017,91063,46161,459
2025-09-08$13.73$15.0047.4%13.9%58.0%10.8%46.9%4.4%0.6%-50.9K-814.3K-177.0K0.538.36N/AN/A3,1041,65756,44342,310
2025-09-09$13.84$15.0047.0%13.1%54.1%10.3%46.1%2.8%-1.9%13.0K-3.0M-180.7K0.149.58N/AN/A2,35132757,69242,837
2025-09-10$13.38$15.0046.7%13.8%55.4%9.9%46.4%2.0%1.6%-276.0K3.5M-170.2K0.4110.82N/AN/A2,30294657,86342,921
2025-09-11$13.77$12.5045.2%12.8%50.5%7.9%45.1%2.1%-0.8%-127.6K-2.8M-176.5K1.428.91N/AN/A1,8042,57058,45643,225
2025-09-12$13.25$12.5044.3%12.8%52.0%6.7%44.3%-0.2%0.4%9.7K4.7M-167.9K1.507.99N/AN/A2,2893,43259,10343,111
2025-09-15$13.41$12.5046.6%13.3%52.0%9.7%45.8%0.9%0.3%-56.9K795.1K-168.1K0.268.23N/AN/A2,31960955,54138,808
2025-09-16$13.58$12.5048.3%13.9%52.1%12.1%48.3%2.2%-2.5%42.2K-1.7M-171.5K0.9625.06N/AN/A1,6551,59355,87038,937
2025-09-17$13.75$12.5048.9%14.0%51.6%12.9%45.8%3.4%-3.5%81.4K-4.4M-176.8K0.2575.42N/AN/A3,94696756,29539,865
2025-09-18$14.39$12.5045.3%12.9%53.9%8.0%46.5%-1.0%1.8%590.5K-13.3M-185.7K0.4313.87N/AN/A4,3491,86958,12340,178
2025-09-19$14.16$12.5045.7%13.0%54.3%8.6%46.6%-1.1%0.9%478.8K-10.5M-182.5K0.6127.04N/AN/A2,9401,80459,15240,775
2025-09-22$14.54$12.5032.6%13.7%50.4%0.0%46.8%6.0%20.7%297.1K-11.2M-186.9K0.5814.84N/AN/A4,2762,49350,62834,769
2025-09-23$14.26$14.0048.6%13.5%50.0%19.8%49.4%3.8%-0.6%380.0K-10.0M-186.2K0.6318.35N/AN/A2,4891,55953,45834,599
2025-09-24$14.18$14.0047.6%13.6%49.9%18.6%48.8%2.2%1.5%311.0K-9.0M-187.4K0.2615.98N/AN/A94525054,41435,357
2025-09-25$13.91$14.0048.4%14.1%49.6%19.5%49.1%2.5%-1.4%245.1K-5.4M-180.1K0.3666.10N/AN/A1,64859354,70135,481
2025-09-26$13.84$13.5046.3%13.4%48.6%16.9%48.4%2.0%0.4%303.8K-4.5M-178.4K0.8018.31N/AN/A1,7021,35854,86535,570
2025-09-29$13.64$13.5046.9%13.0%48.8%17.6%47.1%1.9%-0.4%237.8K-3.7M-174.7K0.6314.50N/AN/A1,18875453,35832,870
2025-09-30$13.31$14.0047.8%13.5%47.2%18.7%48.4%-0.4%-1.4%133.5K-578.9K-166.6K0.7410.05N/AN/A1,9271,42753,60933,111