ASAN Options History — November 2025

In November 2025, ASAN traded between $11.88 and $13.91. ATM implied volatility averaged 81.5%, placing in the 60.3% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 41.5% (HV 20d: 40.0%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.97.

Notable Days

  • 2025-11-24: Highest Volume — 10,571 contracts
  • 2025-11-05: Largest IV spike — 11.5% change
  • 2025-11-20: Highest IV Rank — 67.9%
  • 2025-11-28: Largest Expected Move — 26.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.75$11.88$13.91$13.91$12.93
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV81.5%72.0%87.7%72.0%75.4%
Expected Move22.3%15.6%26.5%15.6%26.5%
HV 20d40.0%32.0%57.5%55.0%36.9%
HV 60d48.8%47.2%51.3%51.3%47.5%
IV Rank60.3%48.6%67.9%48.6%52.8%
IV Percentile76.8%63.9%90.5%63.9%64.3%
Term Structure-6.6%-34.4%20.3%20.3%-34.4%
VWIV79.5%54.9%90.1%56.2%89.9%
Skew 25d3.1%-3.2%30.4%30.4%-1.7%
Skew 10d1.5%-78.9%52.7%2.3%33.2%
Call IV 25d80.2%44.9%89.6%44.9%84.5%
Put IV 25d83.4%75.3%88.6%75.3%82.8%
Bid-Ask Spread %41.5422.1270.0733.9649.70
Gamma HHI0.210.130.290.210.13
Net GEX24.7K-140.0K390.1K390.1K15.1K
Net DEX1.8M-8.4M7.7M-8.4M-747.2K
Net VEX-171.3K-204.7K-151.2K-204.7K-164.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.2010.470.200.26
Total Volume2,458.26389210,5713,0992,397
Total OI100,588.15885,065103,980100,85198,096

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$13.91$15.0072.0%15.6%55.0%48.6%56.2%30.4%20.3%390.1K-8.4M-204.7K0.2033.96N/AN/A2,57652364,66036,191
2025-11-04$13.23$15.0075.6%16.1%57.5%53.1%55.6%1.2%-3.8%153.5K-1.2M-190.2K0.4732.63N/AN/A1,61776564,73336,337
2025-11-05$13.18$15.0084.3%16.0%55.4%63.7%54.9%-0.3%-13.7%127.6K-642.9K-191.3K0.2222.12N/AN/A1,44632465,09036,807
2025-11-06$13.16$15.0080.8%21.4%54.8%59.4%84.8%1.1%-5.3%97.9K-192.8K-185.9K0.3137.25N/AN/A95529465,71336,907
2025-11-07$13.39$15.0078.5%21.3%39.3%56.6%75.2%0.9%-4.4%139.4K-2.4M-191.3K0.6758.41N/AN/A98265866,13136,820
2025-11-10$13.59$15.0083.9%22.3%36.2%63.2%76.1%2.9%-6.2%220.7K-3.2M-183.5K0.3170.07N/AN/A1,33541164,64536,469
2025-11-11$13.32$15.0082.4%21.7%36.7%61.4%80.2%3.7%-6.4%157.0K-1.0M-176.2K0.3035.48N/AN/A1,54445665,59436,671
2025-11-12$13.03$15.0083.3%22.6%37.2%62.5%81.3%-1.2%-5.5%62.1K156.0K-179.6K0.2825.97N/AN/A69619666,56637,002
2025-11-13$12.68$15.0084.4%22.7%37.9%63.9%79.7%2.5%-4.1%-62.1K3.3M-172.9K0.2551.72N/AN/A1,18129166,88236,833
2025-11-14$12.61$15.0082.2%22.7%37.9%61.2%80.5%2.5%-4.6%-89.1K3.6M-169.5K0.6127.22N/AN/A1,47289467,10736,873
2025-11-17$12.04$15.0084.1%23.6%34.8%63.5%85.9%-3.2%-7.7%-122.5K7.0M-157.8K0.5041.24N/AN/A1,16558565,35236,143
2025-11-18$12.04$15.0084.5%24.0%34.6%64.0%84.8%-2.6%-5.1%-140.0K7.6M-153.2K0.2842.72N/AN/A1,78950966,01336,634
2025-11-19$12.00$15.0086.7%24.9%34.0%66.7%87.5%-0.6%-7.9%-135.8K7.4M-156.7K1.6543.94N/AN/A7711,27566,22437,025
2025-11-20$11.88$15.0087.7%25.3%32.0%67.9%90.1%-2.9%-0.0%-136.1K7.7M-151.2K0.5251.75N/AN/A1,04053666,12636,390
2025-11-21$12.23$15.0081.4%24.1%34.9%60.2%89.7%1.3%-8.6%-14.1K6.6M-155.1K0.7246.17N/AN/A1,8261,31766,54135,997
2025-11-24$12.18$15.0084.8%24.4%34.9%64.4%87.6%21.2%-14.6%-30.8K3.2M-153.1K10.4748.00N/AN/A9229,64951,61833,447
2025-11-25$12.38$15.0079.7%24.8%35.8%58.0%87.1%5.0%-7.7%-98.4K3.6M-158.4K0.2036.35N/AN/A1,55431152,21242,792
2025-11-26$12.45$15.0077.2%23.8%33.7%55.0%84.2%-0.4%-5.3%-66.1K2.5M-159.4K0.2134.61N/AN/A2,02042553,59542,939
2025-11-28$12.93$15.0075.4%26.5%36.9%52.8%89.9%-1.7%-34.4%15.1K-747.2K-164.8K0.2649.70N/AN/A1,91048755,02843,068