AMC Options History — March 2021

In March 2021, AMC traded between $40.35 and $70.15. ATM implied volatility averaged 183.7%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 52.1%. IV traded above realized volatility by 23.1% (HV 20d: 160.5%). Max pain ranged from $27.50 to $50.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.59.

Notable Days

  • 2021-03-15: Highest Volume — 229,137 contracts
  • 2021-03-08: Largest IV spike — 15.7% change
  • 2021-03-10: Highest IV Rank — 53.8%
  • 2021-03-01: Largest Expected Move — 68.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.45$40.35$70.15$46.00$50.90
Max Pain$45.11$27.50$50.00$30.00$50.00
ATM IV183.7%135.4%228.7%212.8%135.4%
Expected Move52.1%35.3%68.2%68.2%35.3%
HV 20d160.5%128.9%245.2%245.2%169.0%
HV 60d359.5%355.6%364.0%359.9%363.4%
IV Rank37.5%20.0%53.8%48.1%20.0%
IV Percentile67.7%22.2%90.1%87.7%22.2%
Term Structure-3.2%-16.5%10.8%-8.1%9.9%
VWIV196.3%146.7%258.3%258.3%146.7%
Skew 25d-42.2%-65.8%-22.7%-65.8%-41.1%
Skew 10d-61.5%-84.6%-27.5%-73.9%-82.2%
Call IV 25d219.9%172.5%281.0%271.0%172.5%
Put IV 25d177.8%131.4%217.0%205.2%131.4%
Bid-Ask Spread %3.141.8610.623.093.40
Gamma HHI0.130.060.470.100.07
Net GEX4.8M1.2M13.1M4.0M3.6M
Net DEX-583.4M-1.06B-172.5M-613.1M-327.9M
Net VEX-1.9M-2.3M-1.5M-1.7M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.281.400.770.43
Total Volume106,980.1331,952229,137177,21231,952
Total OI392,486.348308,887464,783394,241352,770

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$46.00$30.00212.8%68.2%245.2%48.1%258.3%-65.8%-8.1%4.0M-613.1M-1.7M0.773.09N/AN/A100,18477,028261,457132,784
2021-03-02$44.05$30.00203.3%61.9%245.2%44.6%237.1%-49.3%-10.3%4.8M-565.8M-1.7M1.112.75N/AN/A55,34361,343285,206140,562
2021-03-03$43.30$27.50186.5%55.2%166.4%38.5%216.5%-39.5%10.8%5.1M-527.6M-1.6M1.403.49N/AN/A47,27666,353294,505140,480
2021-03-04$40.50$40.00188.6%51.9%163.6%39.3%189.9%-50.7%-11.0%3.5M-427.3M-1.5M1.0210.62N/AN/A70,52272,241294,762143,172
2021-03-05$40.35$40.00173.2%48.0%136.5%33.7%174.8%-22.7%-10.5%4.1M-412.9M-1.5M0.414.64N/AN/A43,41717,979298,349143,994
2021-03-08$45.95$40.00200.5%55.2%142.8%43.6%201.0%-42.6%-11.1%3.6M-489.1M-1.6M0.343.02N/AN/A74,41325,145225,721119,851
2021-03-09$51.00$40.00217.2%58.8%138.1%49.7%215.0%-57.1%-9.3%4.4M-644.0M-1.7M0.283.54N/AN/A94,20326,599244,005130,998
2021-03-10$49.75$40.00228.7%62.2%129.4%53.8%221.0%-64.0%-16.5%8.2M-610.1M-1.7M0.483.61N/AN/A133,26564,129254,117136,937
2021-03-11$51.35$50.00197.8%54.3%128.9%42.6%200.8%-45.3%-10.9%4.9M-614.5M-1.8M0.472.10N/AN/A69,75932,549265,358158,941
2021-03-12$55.90$50.00200.0%55.6%129.0%43.4%202.1%-52.8%-8.8%4.5M-780.7M-1.9M0.362.15N/AN/A99,96336,074275,716162,995
2021-03-15$70.15$50.00224.2%63.1%144.3%52.2%225.5%-30.5%-7.5%5.7M-1.06B-2.0M0.383.00N/AN/A165,78063,357235,132134,352
2021-03-16$65.70$50.00205.8%58.5%149.1%45.5%209.3%-39.1%0.1%5.7M-896.1M-2.2M0.432.26N/AN/A68,60029,364259,329163,465
2021-03-17$66.80$50.00194.5%55.8%147.2%41.4%206.2%-38.6%3.3%6.9M-953.6M-2.3M0.472.15N/AN/A45,82221,475271,528169,098
2021-03-18$69.05$50.00186.1%53.4%147.0%38.4%191.3%-34.6%-2.6%8.9M-1.02B-2.3M0.391.86N/AN/A81,32931,562275,938174,662
2021-03-19$69.85$50.00179.1%51.5%147.1%35.9%185.7%-29.8%-1.5%13.1M-1.01B-2.3M0.341.91N/AN/A67,37022,761283,495181,288
2021-03-22$61.35$50.00165.2%46.9%155.0%30.8%170.3%-38.5%3.9%3.6M-537.6M-2.2M0.592.37N/AN/A51,29730,045194,340114,547
2021-03-23$53.00$50.00171.7%49.7%158.8%33.1%185.0%-35.6%-2.4%2.3M-356.3M-2.0M0.971.97N/AN/A40,28438,990204,545125,339
2021-03-24$44.90$50.00147.2%43.1%161.4%24.3%182.5%-31.8%-5.2%1.2M-172.5M-1.8M0.913.01N/AN/A45,01040,911212,064136,033
2021-03-25$55.55$50.00163.2%47.8%172.9%30.1%184.2%-42.5%-5.6%3.4M-423.7M-2.2M0.572.43N/AN/A79,94145,583219,754144,736
2021-03-26$51.10$50.00150.4%42.3%176.3%25.4%178.5%-40.5%2.2%2.7M-300.3M-2.1M0.552.58N/AN/A68,64737,940231,997153,382
2021-03-29$51.60$50.00148.8%40.9%170.1%24.9%154.1%-37.2%7.5%3.0M-344.1M-2.1M0.433.50N/AN/A31,07313,446203,624130,598
2021-03-30$51.15$50.00144.4%38.9%169.2%23.3%179.1%-40.5%8.9%3.3M-339.9M-2.1M0.482.72N/AN/A27,19113,028212,543132,717
2021-03-31$50.90$50.00135.4%35.3%169.0%20.0%146.7%-41.1%9.9%3.6M-327.9M-2.0M0.433.40N/AN/A22,2669,686216,930135,840