ASHR Options History — December 2025

In December 2025, ASHR traded between $32.34 and $33.21. ATM implied volatility averaged 19.3%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 6.8% (HV 20d: 12.5%). Max pain ranged from $31.00 to $33.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.73.

Notable Days

2025-12-18: Highest Volume — 1,013,409 contracts
2025-12-10: Largest IV spike — 95.7% change
2025-12-10: Highest IV Rank — 83.2%
2025-12-10: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.84	$32.34	$33.21	$32.80	$32.86
Max Pain	$32.07	$31.00	$33.00	$31.00	$32.00
ATM IV	19.3%	14.5%	37.0%	20.5%	17.2%
Expected Move	5.2%	4.3%	7.0%	6.7%	4.7%
HV 20d	12.5%	11.2%	13.4%	13.2%	12.1%
HV 60d	16.7%	16.2%	17.7%	17.7%	16.6%
IV Rank	22.8%	6.7%	83.2%	27.0%	15.8%
IV Percentile	23.7%	0.4%	98.8%	33.7%	6.7%
Term Structure	-1.2%	-20.6%	6.8%	3.5%	0.2%
VWIV	17.6%	15.4%	20.7%	20.7%	17.0%
Skew 25d	-2.5%	-14.9%	1.4%	-6.1%	0.0%
Skew 10d	2.4%	-11.3%	33.7%	-11.3%	-2.3%
Call IV 25d	20.4%	14.8%	44.9%	20.4%	17.4%
Put IV 25d	17.9%	12.6%	44.0%	14.4%	17.5%
Bid-Ask Spread %	57.84	12.07	113.41	22.44	65.49
Gamma HHI	0.24	0.17	0.33	0.21	0.30
Net GEX	47.3M	18.4M	73.3M	55.5M	48.5M
Net DEX	-352.4M	-580.8M	-83.2M	-470.3M	-260.8M
Net VEX	-2.1M	-2.7M	-1.8M	-2.1M	-1.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.02	3.83	0.33	0.08
Total Volume	65,636.773	1,382	1,013,409	16,940	10,629
Total OI	1,027,456.727	786,335	1,171,322	1,053,713	800,918

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
2025-12-01	$32.80	$31.00	20.5%	6.7%	13.2%	27.0%	20.7%	-6.1%	3.5%	55.5M	-470.3M	-2.1M	0.33	22.44	N/A	N/A	12,706	4,234	732,550	321,163
2025-12-02	$32.55	$31.00	24.3%	5.7%	13.4%	39.9%	20.7%	-14.9%	-14.0%	51.2M	-409.3M	-1.9M	0.31	27.33	N/A	N/A	51,959	15,875	734,277	325,107
2025-12-03	$32.58	$31.50	20.9%	6.3%	12.9%	28.3%	19.9%	-6.3%	-0.9%	46.6M	-445.5M	-2.4M	0.33	61.48	N/A	N/A	20,352	6,764	774,392	338,849
2025-12-04	$32.64	$32.00	22.2%	5.1%	12.4%	32.8%	17.7%	-11.6%	-4.2%	51.4M	-432.0M	-2.3M	2.90	49.13	N/A	N/A	1,591	4,619	785,424	345,306
2025-12-05	$33.05	$32.00	18.5%	5.4%	12.7%	20.2%	17.7%	-1.8%	1.8%	69.5M	-580.3M	-2.5M	0.06	65.23	N/A	N/A	37,915	2,433	782,088	349,213
2025-12-08	$33.20	$32.00	21.2%	5.2%	12.8%	29.3%	18.2%	-4.0%	2.9%	73.3M	-570.0M	-2.5M	1.22	12.07	N/A	N/A	9,586	11,737	796,586	348,909
2025-12-09	$33.06	$32.00	18.9%	5.4%	12.6%	21.6%	17.0%	-8.6%	0.5%	61.6M	-479.7M	-2.4M	3.83	68.53	N/A	N/A	6,090	23,334	791,944	359,622
2025-12-10	$33.21	$32.00	37.0%	7.0%	12.4%	83.2%	16.5%	-0.9%	-20.6%	70.0M	-580.8M	-2.7M	1.49	113.41	N/A	N/A	6,515	9,737	793,674	375,069
2025-12-11	$32.98	$32.00	25.2%	5.1%	12.6%	42.9%	18.5%	1.4%	-6.0%	52.6M	-418.7M	-2.3M	0.46	68.10	N/A	N/A	10,834	4,938	795,233	375,166
2025-12-12	$32.97	$32.00	20.8%	4.9%	12.4%	27.8%	17.5%	1.4%	-3.1%	51.6M	-451.6M	-2.2M	0.08	52.68	N/A	N/A	11,457	924	794,707	376,615
2025-12-15	$32.86	$32.00	18.4%	5.1%	11.6%	19.9%	17.2%	-0.7%	-2.8%	43.0M	-349.8M	-2.1M	0.48	59.46	N/A	N/A	6,157	2,937	783,295	372,386
2025-12-16	$32.56	$32.00	16.5%	4.7%	11.2%	13.3%	17.7%	-0.6%	0.3%	18.4M	-191.5M	-1.8M	0.43	75.15	N/A	N/A	18,338	7,901	777,613	374,932
2025-12-17	$32.97	$32.00	16.1%	4.6%	12.1%	11.8%	17.1%	-0.1%	2.2%	42.9M	-326.9M	-1.9M	0.35	71.56	N/A	N/A	18,515	6,482	781,460	377,124
2025-12-18	$32.97	$32.00	15.7%	4.4%	12.1%	10.6%	16.0%	-0.2%	1.0%	36.0M	-300.6M	-1.8M	0.02	53.14	N/A	N/A	995,403	18,006	783,447	380,021
2025-12-19	$32.34	$33.00	15.0%	4.3%	13.3%	8.3%	16.0%	-0.2%	2.1%	24.7M	-83.2M	-2.0M	0.86	72.98	N/A	N/A	28,595	24,562	740,497	382,273
2025-12-22	$32.59	$33.00	15.5%	4.7%	12.8%	10.1%	16.5%	0.7%	1.2%	30.5M	-176.8M	-1.9M	0.39	23.67	N/A	N/A	5,949	2,345	546,891	239,444
2025-12-23	$32.70	$33.00	14.5%	4.6%	12.8%	6.7%	15.4%	-0.8%	6.8%	36.1M	-192.9M	-2.0M	0.06	107.32	N/A	N/A	12,918	820	548,846	241,511
2025-12-24	$32.83	$33.00	15.0%	5.0%	12.3%	8.3%	17.2%	-1.4%	1.7%	39.9M	-232.8M	-2.0M	1.37	50.27	N/A	N/A	2,169	2,964	550,826	241,881
2025-12-26	$33.06	$32.00	16.4%	5.0%	12.5%	13.1%	18.2%	-1.0%	0.8%	51.8M	-304.2M	-2.1M	0.43	49.21	N/A	N/A	8,931	3,867	551,882	240,828
2025-12-29	$32.80	$32.00	17.1%	4.8%	12.7%	15.3%	16.9%	0.0%	2.3%	36.9M	-215.1M	-1.8M	0.15	49.09	N/A	N/A	10,013	1,526	553,373	238,127
2025-12-30	$32.95	$32.00	17.2%	4.9%	12.4%	15.6%	17.5%	0.4%	-2.0%	48.6M	-279.5M	-2.0M	0.31	54.79	N/A	N/A	1,057	325	561,392	239,187
2025-12-31	$32.86	$32.00	17.2%	4.7%	12.1%	15.8%	17.0%	0.0%	0.2%	48.5M	-260.8M	-1.9M	0.08	65.49	N/A	N/A	9,875	754	561,599	239,319