ASHR Options History — March 2020

In March 2020, ASHR traded between $24.69 and $30.15. ATM implied volatility averaged 41.8%, placing in the 67.9% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 6.8% (HV 20d: 48.7%). Max pain ranged from $28.00 to $29.50. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.67.

Notable Days

  • 2020-03-12: Highest Volume — 72,222 contracts
  • 2020-03-09: Largest IV spike — 69.9% change
  • 2020-03-09: Highest IV Rank — 100.0%
  • 2020-03-18: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.34$24.69$30.15$29.53$25.91
Max Pain$28.16$28.00$29.50$29.00$28.00
ATM IV41.8%27.1%66.1%30.6%37.8%
Expected Move11.8%7.5%19.0%9.2%10.6%
HV 20d48.7%25.0%65.5%31.9%63.3%
HV 60d36.2%26.5%43.9%26.6%43.8%
IV Rank67.9%43.1%100.0%74.5%44.1%
IV Percentile96.0%78.2%100.0%94.4%94.8%
Term Structure-3.3%-28.7%10.9%-1.0%1.3%
VWIV40.3%26.4%60.4%32.7%44.8%
Skew 25d12.2%4.2%45.1%4.2%8.7%
Skew 10d22.3%-11.3%106.8%7.0%29.2%
Call IV 25d38.9%25.3%57.2%28.5%34.1%
Put IV 25d51.1%29.7%94.1%32.7%42.8%
Bid-Ask Spread %58.8232.8382.0835.1770.19
Gamma HHI0.130.110.160.140.14
Net GEX278.4K-5.4M10.8M7.5M-3.4M
Net DEX56.4M-228.4M301.1M-152.0M143.2M
Net VEX-1.3M-1.7M-929.0K-1.6M-956.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.335.800.602.48
Total Volume16,111.6822,42872,22219,4808,288
Total OI401,027.409319,223465,002433,116324,192

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$29.53$29.0030.6%9.2%31.9%74.5%32.7%4.2%-1.0%7.5M-152.0M-1.6M0.6035.17N/AN/A12,1837,297225,305207,811
2020-03-03$29.56$29.0029.8%9.3%31.2%70.7%31.8%6.3%-6.2%7.7M-158.5M-1.6M1.3855.54N/AN/A19,47126,799227,737211,338
2020-03-04$30.05$29.5027.1%8.1%25.0%57.3%30.6%4.3%-0.4%9.2M-208.5M-1.5M0.4541.47N/AN/A17,6377,960225,053218,538
2020-03-05$30.15$28.0027.7%7.5%25.0%60.3%26.4%5.1%-0.8%10.8M-228.4M-1.6M1.2632.83N/AN/A10,37013,029237,488217,840
2020-03-06$29.45$28.0030.1%8.6%26.7%72.0%30.9%6.6%-1.0%5.6M-120.4M-1.6M5.8043.37N/AN/A2,30613,369239,222225,780
2020-03-09$28.71$28.0051.1%10.3%28.4%100.0%36.7%18.4%-12.6%1.2M-26.7M-1.7M1.6675.19N/AN/A5,9249,824234,299205,403
2020-03-10$29.99$28.0030.8%9.1%31.4%43.1%30.9%11.0%0.0%7.8M-180.3M-1.6M0.4253.51N/AN/A5,5832,345235,464206,491
2020-03-11$28.99$28.0038.0%9.0%33.8%63.2%33.8%9.2%-6.0%1.9M-60.4M-1.6M1.3667.94N/AN/A4,0335,487237,684207,547
2020-03-12$27.04$28.0048.8%12.6%41.8%93.5%39.1%45.1%-8.7%-4.3M158.2M-1.5M0.7756.99N/AN/A40,89431,328236,706211,081
2020-03-13$28.31$28.0034.7%11.6%44.7%54.0%37.5%13.7%10.9%-2.2M47.0M-1.5M3.8281.63N/AN/A3,27512,515223,739210,017
2020-03-16$25.73$28.0054.8%15.3%56.0%100.0%53.9%8.2%-1.4%-4.2M227.6M-1.2M2.1082.08N/AN/A1,6923,552220,739201,337
2020-03-17$26.78$28.0049.8%14.0%57.9%87.3%48.8%10.8%-1.9%-5.4M190.0M-1.3M0.6561.88N/AN/A2,5091,621221,634201,050
2020-03-18$25.18$28.0066.1%19.0%61.3%100.0%60.4%25.1%-28.7%-3.7M263.5M-1.1M0.8969.90N/AN/A7,0956,314223,633201,202
2020-03-19$25.70$28.0055.2%16.1%61.9%78.5%48.4%14.1%-9.0%-4.7M263.1M-1.1M1.2266.07N/AN/A8,28810,085228,003203,714
2020-03-20$24.69$28.0052.5%15.3%62.7%73.1%48.3%11.9%-3.1%-1.4M301.1M-971.1K2.2665.12N/AN/A6,77815,343223,372195,149
2020-03-23$24.87$28.0051.3%15.0%62.8%70.7%52.6%12.7%-1.7%-2.2M162.6M-929.0K1.6951.80N/AN/A9631,630181,970137,253
2020-03-24$25.89$28.0042.3%12.3%65.0%53.0%39.9%9.7%-0.9%-2.2M129.0M-1.0M0.3351.54N/AN/A3,2731,083182,220137,228
2020-03-25$26.32$28.0042.1%11.8%65.3%52.5%37.2%8.3%0.4%-2.2M113.4M-1.0M0.5654.95N/AN/A2,5111,401184,851137,718
2020-03-26$26.59$28.0037.5%11.1%65.5%43.5%32.1%9.4%1.0%-2.2M103.1M-1.0M1.7152.35N/AN/A1,4842,536186,522138,247
2020-03-27$25.86$28.0042.5%12.1%65.4%53.4%37.9%15.2%-2.2%-4.5M136.9M-974.3K4.4569.81N/AN/A2,55911,395186,873138,603
2020-03-30$26.13$28.0040.1%12.2%63.3%48.6%51.0%9.8%0.1%-3.0M136.4M-949.4K0.9354.65N/AN/A1,2581,170184,902137,648
2020-03-31$25.91$28.0037.8%10.6%63.3%44.1%44.8%8.7%1.3%-3.4M143.2M-956.5K2.4870.19N/AN/A2,3805,908185,836138,356