ASHR Options History — June 2015

In June 2015, ASHR traded between $42.92 and $55.11. ATM implied volatility averaged 45.7%, placing in the 71.3% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 1.2% (HV 20d: 44.5%). Max pain ranged from $47.00 to $50.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.85.

Notable Days

2015-06-26: Highest Volume — 254,818 contracts
2015-06-26: Largest IV spike — 25.6% change
2015-06-29: Highest IV Rank — 99.6%
2015-06-29: Largest Expected Move — 17.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.05	$42.92	$55.11	$52.60	$45.95
Max Pain	$48.00	$47.00	$50.00	$50.00	$47.00
ATM IV	45.7%	39.7%	59.1%	46.4%	53.6%
Expected Move	13.1%	11.3%	17.7%	13.1%	16.6%
HV 20d	44.5%	39.8%	59.3%	45.3%	59.3%
HV 60d	40.8%	38.3%	49.1%	38.8%	49.1%
IV Rank	71.3%	58.5%	99.6%	72.6%	88.1%
IV Percentile	94.0%	79.8%	99.6%	98.0%	98.4%
Term Structure	-1.3%	-7.6%	4.4%	-0.8%	-1.4%
VWIV	46.8%	40.2%	62.2%	47.5%	59.0%
Skew 25d	0.3%	-3.5%	8.3%	-1.8%	3.6%
Skew 10d	2.3%	-7.0%	14.0%	-0.6%	9.0%
Call IV 25d	46.6%	40.8%	55.9%	48.0%	55.9%
Put IV 25d	46.9%	40.9%	60.7%	46.1%	59.5%
Bid-Ask Spread %	42.13	18.24	55.76	41.11	53.00
Gamma HHI	0.10	0.06	0.23	0.07	0.13
Net GEX	5.5M	-5.6M	21.2M	5.5M	7.9M
Net DEX	-174.4M	-457.5M	323.9M	-269.3M	3.6M
Net VEX	-2.2M	-2.7M	-1.8M	-1.8M	-2.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.39	1.61	0.52	0.61
Total Volume	55,522.5	26,089	254,818	37,329	74,288
Total OI	411,159.5	315,974	580,146	315,974	580,146

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2015-06-01	$52.60	$50.00	46.4%	13.1%	45.3%	72.6%	47.5%	-1.8%	-0.8%	5.5M	-269.3M	-1.8M	0.52	41.11	N/A	N/A	24,588	12,741	157,288	158,686
2015-06-02	$53.60	$50.00	45.8%	13.0%	45.6%	71.4%	46.1%	-1.1%	-2.2%	8.6M	-336.6M	-1.9M	0.53	32.81	N/A	N/A	26,415	14,037	167,051	161,071
2015-06-03	$52.93	$50.00	42.5%	12.9%	41.1%	64.4%	46.2%	-0.7%	1.7%	9.2M	-328.8M	-2.0M	0.67	28.70	N/A	N/A	17,169	11,528	184,294	172,276
2015-06-04	$52.85	$47.00	44.8%	12.7%	40.2%	69.3%	46.1%	-3.5%	1.3%	9.3M	-328.8M	-2.1M	1.09	50.51	N/A	N/A	17,262	18,801	189,135	174,609
2015-06-05	$52.91	$47.00	43.8%	12.6%	39.8%	67.1%	44.8%	-2.0%	-0.1%	10.6M	-333.4M	-2.1M	0.57	18.24	N/A	N/A	20,281	11,530	194,729	184,621
2015-06-08	$54.77	$47.00	45.4%	12.9%	40.4%	70.6%	47.2%	-1.2%	-0.2%	12.5M	-439.5M	-2.0M	1.31	32.20	N/A	N/A	22,095	28,959	194,227	180,000
2015-06-09	$53.71	$47.00	47.2%	13.4%	41.2%	74.5%	47.0%	-2.9%	-1.3%	9.4M	-355.7M	-2.2M	1.34	53.00	N/A	N/A	22,672	30,291	199,586	193,255
2015-06-10	$54.11	$48.00	46.9%	12.2%	41.2%	73.7%	43.8%	-1.7%	-4.9%	10.3M	-359.5M	-2.3M	0.39	38.87	N/A	N/A	43,428	17,012	205,894	212,381
2015-06-11	$54.39	$48.00	44.3%	12.3%	40.7%	68.3%	42.3%	-1.9%	-1.2%	11.8M	-394.7M	-2.3M	1.35	46.88	N/A	N/A	17,342	23,419	213,116	216,097
2015-06-12	$55.11	$48.00	42.0%	11.7%	40.7%	63.5%	42.5%	-1.1%	-1.4%	21.2M	-457.5M	-2.2M	1.61	41.37	N/A	N/A	14,433	23,226	217,984	215,077
2015-06-15	$53.19	$48.00	42.6%	12.1%	42.6%	64.7%	42.7%	0.9%	0.5%	7.9M	-275.4M	-2.1M	0.87	42.95	N/A	N/A	17,227	15,005	205,707	209,781
2015-06-16	$51.81	$48.00	41.3%	11.8%	43.5%	62.0%	44.2%	0.8%	0.2%	3.6M	-161.8M	-2.1M	0.40	47.76	N/A	N/A	40,064	15,962	206,514	213,775
2015-06-17	$52.53	$48.00	41.8%	12.0%	41.0%	63.0%	41.9%	-0.6%	-1.2%	5.0M	-209.9M	-2.1M	1.12	41.64	N/A	N/A	12,284	13,805	209,074	214,404
2015-06-18	$51.14	$48.00	39.7%	11.3%	42.4%	58.5%	40.2%	0.1%	-0.6%	1.1M	-98.2M	-2.1M	1.09	41.99	N/A	N/A	17,444	18,982	211,893	217,046
2015-06-19	$48.37	$48.00	45.0%	13.3%	46.2%	69.8%	47.0%	0.9%	-3.8%	-1.8M	106.0M	-2.1M	1.46	44.59	N/A	N/A	35,331	51,716	217,084	220,957
2015-06-22	$48.94	$48.00	47.4%	13.3%	44.6%	74.9%	46.9%	3.7%	-2.7%	-2.4M	-8.3M	-2.2M	0.67	42.43	N/A	N/A	18,055	12,127	176,094	202,662
2015-06-23	$49.85	$48.00	44.6%	12.9%	43.9%	68.9%	45.5%	1.4%	-0.3%	-681.9K	-73.0M	-2.3M	0.67	44.13	N/A	N/A	19,404	13,093	183,766	207,538
2015-06-24	$50.37	$48.00	42.9%	12.6%	44.2%	65.2%	44.1%	-0.5%	4.4%	1.8M	-129.4M	-2.3M	0.70	41.33	N/A	N/A	16,872	11,728	188,830	211,090
2015-06-25	$48.03	$48.00	43.7%	12.7%	42.8%	66.9%	44.0%	0.8%	-2.4%	-4.3M	44.0M	-2.3M	0.52	43.96	N/A	N/A	28,420	14,885	191,311	214,567
2015-06-26	$42.92	$48.00	54.9%	15.9%	58.0%	90.7%	57.7%	8.3%	-4.3%	-5.6M	323.9M	-2.0M	0.56	43.62	N/A	N/A	163,658	91,160	203,622	219,409
2015-06-29	$43.06	$47.00	59.1%	17.7%	53.8%	99.6%	62.2%	6.2%	-7.6%	637.7K	244.8M	-2.4M	0.69	55.76	N/A	N/A	60,902	41,854	306,021	242,841
2015-06-30	$45.95	$47.00	53.6%	16.6%	59.3%	88.1%	59.0%	3.6%	-1.4%	7.9M	3.6M	-2.7M	0.61	53.00	N/A	N/A	46,265	28,023	328,589	251,557