ASHR Options History — April 2020

In April 2020, ASHR traded between $25.52 and $27.39. ATM implied volatility averaged 29.0%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 11.8% (HV 20d: 40.8%). Max pain ranged from $27.00 to $28.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 3.10.

Notable Days

  • 2020-04-01: Highest Volume — 10,455 contracts
  • 2020-04-06: Largest IV drop — 27.7% change
  • 2020-04-03: Highest IV Rank — 54.7%
  • 2020-04-01: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.74$25.52$27.39$25.52$26.95
Max Pain$27.05$27.00$28.00$28.00$27.00
ATM IV29.0%20.8%43.2%38.8%24.6%
Expected Move8.0%6.5%12.2%12.2%7.4%
HV 20d40.8%22.4%64.4%62.7%22.5%
HV 60d44.0%41.3%45.0%43.9%41.3%
IV Rank26.6%10.5%54.7%46.0%18.0%
IV Percentile72.6%27.8%96.8%95.2%55.6%
Term Structure1.0%-20.7%21.9%-2.5%1.3%
VWIV29.0%21.4%37.5%35.9%25.7%
Skew 25d6.5%-1.4%22.0%8.9%8.7%
Skew 10d14.9%-24.7%37.3%20.5%23.0%
Call IV 25d26.8%19.8%39.0%35.6%22.3%
Put IV 25d33.3%24.3%45.5%44.5%31.1%
Bid-Ask Spread %71.5919.48103.0866.0932.75
Gamma HHI0.200.140.460.140.18
Net GEX-4.0M-9.6M-2.0M-4.6M-3.0M
Net DEX102.3M45.7M177.5M177.5M69.3M
Net VEX-772.5K-902.8K-689.2K-839.7K-762.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.100.0812.081.073.25
Total Volume4,293.71450010,45510,4556,416
Total OI260,102.143174,366334,411326,321194,240

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$25.52$28.0038.8%12.2%62.7%46.0%35.9%8.9%-2.5%-4.6M177.5M-839.7K1.0766.09N/AN/A5,0615,394185,395140,926
2020-04-02$26.36$27.0035.0%10.2%64.3%38.5%30.8%5.1%1.0%-4.4M147.8M-902.8K1.2286.74N/AN/A598727189,492144,919
2020-04-03$26.14$27.0043.2%9.9%64.0%54.7%33.5%13.3%7.6%-4.5M137.5M-880.9K6.59103.08N/AN/A6634,367183,060135,864
2020-04-06$26.81$27.0031.2%8.8%64.4%31.1%29.8%2.3%0.0%-3.5M112.0M-871.4K12.0876.72N/AN/A6087,345181,604134,529
2020-04-07$26.54$27.0034.0%9.0%62.0%36.6%31.5%-1.4%-0.1%-4.0M128.3M-840.1K0.8385.81N/AN/A798662181,746135,104
2020-04-08$26.73$27.0032.2%8.2%61.3%33.1%33.4%7.6%-3.5%-3.6M121.5M-840.9K8.8981.04N/AN/A4964,407181,979135,674
2020-04-09$26.82$27.0032.1%8.6%56.2%32.8%28.5%-0.3%-5.1%-3.9M119.8M-825.2K1.8782.78N/AN/A7231,350182,775137,119
2020-04-13$26.51$27.0028.6%8.1%53.6%25.9%29.8%7.4%3.3%-5.6M144.7M-755.0K1.0785.51N/AN/A1,7951,916182,230134,889
2020-04-14$27.02$27.0026.6%7.3%41.4%22.1%28.8%5.2%21.9%-4.1M114.0M-793.5K1.0795.98N/AN/A2,8333,024183,094135,046
2020-04-15$26.54$27.0025.6%7.3%39.5%20.0%28.2%4.7%4.7%-6.2M146.1M-723.5K0.2682.99N/AN/A553145184,947136,448
2020-04-16$26.62$27.0025.7%7.1%32.3%20.1%26.6%5.3%6.3%-5.7M140.0M-714.1K1.0477.25N/AN/A1,1421,189185,085135,829
2020-04-17$26.97$27.0025.4%7.1%31.8%19.6%26.3%6.0%2.3%-9.6M121.5M-732.5K2.0178.85N/AN/A2,7685,572185,227135,554
2020-04-20$26.95$27.0027.6%7.4%27.7%23.9%27.1%6.5%0.6%-2.7M60.4M-724.2K0.4149.37N/AN/A1,18748489,01885,348
2020-04-21$26.53$27.0027.7%7.7%28.5%24.1%37.5%7.4%-0.2%-3.1M72.0M-716.1K1.5570.15N/AN/A8051,24689,66885,680
2020-04-22$27.04$27.0033.1%7.2%25.7%34.7%27.4%22.0%-20.7%-2.5M55.8M-724.8K0.7774.38N/AN/A28221889,21986,832
2020-04-23$26.97$27.0025.8%6.9%25.2%20.5%31.2%2.6%-1.9%-2.3M60.0M-708.6K9.1065.25N/AN/A2051,86689,41687,020
2020-04-24$26.86$27.0023.5%6.6%25.1%15.9%29.7%10.2%0.0%-2.6M63.8M-701.4K1.7647.18N/AN/A1,1151,96189,54087,631
2020-04-27$27.10$27.0022.9%6.5%22.8%14.6%21.4%5.5%2.0%-2.9M57.5M-689.2K0.0861.87N/AN/A5,29343988,86786,231
2020-04-28$27.18$27.0023.6%6.5%22.7%16.0%23.2%6.2%-0.3%-2.2M52.3M-704.3K5.5219.48N/AN/A6733,71293,41086,678
2020-04-29$27.39$27.0020.8%7.7%22.4%10.5%23.0%3.5%3.9%-2.0M45.7M-772.3K4.5880.04N/AN/A1,8178,31393,95790,855
2020-04-30$26.95$27.0024.6%7.4%22.5%18.0%25.7%8.7%1.3%-3.0M69.3M-762.5K3.2532.75N/AN/A1,5094,90795,13299,108