ASHR Options History — June 2016

In June 2016, ASHR traded between $22.84 and $24.27. ATM implied volatility averaged 31.9%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 8.0% (HV 20d: 23.9%). Max pain ranged from $23.90 to $25.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.14.

Notable Days

2016-06-07: Highest Volume — 27,172 contracts
2016-06-13: Largest IV spike — 7.6% change
2016-06-14: Highest IV Rank — 23.0%
2016-06-14: Largest Expected Move — 10.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.57	$22.84	$24.27	$23.82	$23.73
Max Pain	$24.63	$23.90	$25.00	$25.00	$24.90
ATM IV	31.9%	27.8%	35.3%	33.3%	29.8%
Expected Move	8.9%	7.3%	10.2%	9.2%	7.7%
HV 20d	23.9%	19.3%	28.9%	28.6%	19.3%
HV 60d	24.2%	22.4%	25.7%	25.7%	23.3%
IV Rank	20.4%	17.3%	23.0%	21.5%	18.8%
IV Percentile	8.4%	1.6%	23.4%	10.7%	2.0%
Term Structure	0.0%	-2.9%	2.5%	-0.3%	0.4%
VWIV	31.2%	26.9%	36.1%	34.9%	28.0%
Skew 25d	3.1%	-0.3%	7.8%	3.6%	2.3%
Skew 10d	11.3%	4.3%	19.7%	6.8%	11.4%
Call IV 25d	30.3%	26.5%	35.0%	31.6%	26.5%
Put IV 25d	33.4%	28.8%	37.1%	35.2%	28.8%
Bid-Ask Spread %	29.89	16.18	50.38	35.70	31.13
Gamma HHI	0.13	0.11	0.18	0.12	0.18
Net GEX	1.3M	-208.2K	2.9M	1.8M	1.9M
Net DEX	21.3M	-11.7M	43.1M	6.3M	16.0M
Net VEX	-415.7K	-453.2K	-382.0K	-438.6K	-422.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.14	0.47	1.79	1.71	0.75
Total Volume	18,216.409	10,076	27,172	18,268	14,378
Total OI	171,825.636	155,828	185,869	166,451	170,452

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
2016-06-01	$23.82	$25.00	33.3%	9.2%	28.6%	21.5%	34.9%	3.6%	-0.3%	1.8M	6.3M	-438.6K	1.71	35.70	N/A	N/A	6,737	11,531	102,228	64,223
2016-06-02	$24.03	$23.90	33.3%	9.7%	28.7%	21.4%	33.0%	2.9%	-0.8%	2.0M	-1.8M	-437.2K	0.97	20.66	N/A	N/A	12,021	11,621	102,470	64,362
2016-06-03	$24.27	$24.90	32.1%	9.6%	28.9%	20.6%	32.3%	2.9%	-0.8%	2.4M	-11.7M	-446.4K	0.92	21.41	N/A	N/A	10,912	9,987	108,436	65,256
2016-06-06	$24.22	$24.90	33.7%	9.6%	26.6%	21.8%	33.4%	2.9%	-0.9%	2.7M	-10.9M	-423.3K	0.96	16.18	N/A	N/A	10,688	10,285	107,347	63,814
2016-06-07	$24.10	$23.90	33.8%	9.2%	23.5%	21.9%	33.3%	1.4%	-1.9%	2.9M	-6.0M	-453.1K	1.46	19.90	N/A	N/A	11,066	16,106	109,984	66,058
2016-06-08	$23.96	$23.90	32.5%	9.3%	22.4%	20.9%	32.5%	-0.3%	0.5%	2.5M	6.9M	-451.1K	1.07	20.98	N/A	N/A	8,603	9,246	112,098	73,714
2016-06-09	$23.81	$23.90	32.0%	8.9%	22.2%	20.5%	30.9%	3.7%	-0.8%	2.1M	16.9M	-453.2K	0.61	18.26	N/A	N/A	14,136	8,629	111,520	74,349
2016-06-10	$23.39	$23.90	31.5%	9.7%	23.3%	20.1%	31.7%	5.0%	2.5%	658.2K	33.7M	-427.8K	0.96	25.15	N/A	N/A	11,107	10,702	108,166	74,985
2016-06-13	$22.84	$23.90	33.9%	9.8%	24.6%	22.0%	33.4%	3.6%	-0.8%	-86.6K	43.1M	-402.7K	1.11	27.37	N/A	N/A	9,180	10,154	104,528	72,321
2016-06-14	$23.10	$24.90	35.3%	10.2%	24.2%	23.0%	36.1%	2.1%	-2.9%	335.5K	40.2M	-405.9K	1.32	21.87	N/A	N/A	9,332	12,308	105,753	73,710
2016-06-15	$23.13	$24.90	33.3%	9.5%	24.2%	21.5%	31.4%	3.0%	-0.3%	1.1M	39.6M	-383.1K	1.39	32.05	N/A	N/A	8,756	12,191	109,223	75,715
2016-06-16	$23.28	$24.90	31.0%	8.9%	23.4%	19.8%	31.7%	1.8%	-0.2%	1.5M	39.7M	-382.6K	0.69	21.14	N/A	N/A	13,220	9,160	108,100	75,840
2016-06-17	$23.37	$24.90	30.3%	8.7%	23.5%	19.2%	31.5%	2.6%	0.2%	209.5K	37.5M	-382.0K	0.79	25.16	N/A	N/A	11,442	8,998	105,898	76,009
2016-06-20	$23.45	$24.90	31.0%	8.4%	22.9%	19.8%	29.2%	7.8%	0.3%	782.9K	24.9M	-398.9K	1.76	38.38	N/A	N/A	5,366	9,456	93,093	62,735
2016-06-21	$23.38	$24.90	30.6%	8.7%	22.9%	19.5%	30.2%	4.1%	0.9%	536.0K	30.5M	-395.5K	1.79	40.25	N/A	N/A	5,073	9,077	93,681	65,204
2016-06-22	$23.66	$24.90	31.4%	8.6%	23.1%	20.0%	29.6%	3.4%	0.7%	873.7K	23.7M	-402.4K	1.34	40.73	N/A	N/A	5,330	7,117	94,011	65,658
2016-06-23	$23.73	$24.90	30.5%	8.1%	22.9%	19.4%	27.3%	2.0%	0.6%	990.8K	21.7M	-399.5K	1.54	50.38	N/A	N/A	5,161	7,935	94,406	65,861
2016-06-24	$23.01	$24.90	32.1%	8.1%	25.6%	20.6%	30.9%	3.5%	0.9%	767.0K	35.5M	-390.0K	0.68	45.84	N/A	N/A	10,485	7,081	94,803	67,041
2016-06-27	$23.08	$24.90	32.2%	8.9%	25.6%	20.7%	30.7%	4.5%	1.0%	-208.2K	39.3M	-394.7K	0.47	42.84	N/A	N/A	10,703	5,045	93,881	67,152
2016-06-28	$23.39	$24.90	29.9%	7.3%	19.5%	18.9%	26.9%	3.8%	0.4%	616.5K	27.6M	-421.6K	1.21	35.11	N/A	N/A	4,565	5,511	99,689	67,480
2016-06-29	$23.75	$24.90	27.8%	8.2%	19.6%	17.3%	28.2%	1.2%	1.7%	1.7M	15.0M	-432.3K	1.49	27.09	N/A	N/A	4,167	6,193	100,642	68,268
2016-06-30	$23.73	$24.90	29.8%	7.7%	19.3%	18.8%	28.0%	2.3%	0.4%	1.9M	16.0M	-422.9K	0.75	31.13	N/A	N/A	8,215	6,163	100,917	69,535