AMC Options History — March 2023

In March 2023, AMC traded between $41.70 and $65.80. ATM implied volatility averaged 145.8%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 40.1%. IV traded above realized volatility by 16.6% (HV 20d: 129.2%). Max pain ranged from $90.00 to $100.00. Net GEX was positive for 3 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 0.99.

Notable Days

  • 2023-03-28: Highest Volume — 81,975 contracts
  • 2023-03-28: Largest IV spike — 19.6% change
  • 2023-03-31: Highest IV Rank — 37.0%
  • 2023-03-28: Largest Expected Move — 45.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.20$41.70$65.80$65.50$49.60
Max Pain$99.57$90.00$100.00$100.00$90.00
ATM IV145.8%117.0%201.1%149.1%201.1%
Expected Move40.1%34.6%45.2%43.1%44.0%
HV 20d129.2%93.8%150.2%149.0%93.8%
HV 60d118.3%114.7%122.2%117.6%118.3%
IV Rank17.1%6.8%37.0%19.1%37.0%
IV Percentile62.9%13.9%92.5%74.2%92.5%
Term Structure8.7%-9.1%30.9%1.0%6.6%
VWIV154.9%138.1%195.7%166.1%162.1%
Skew 25d-22.2%-39.2%3.0%-28.8%-22.0%
Skew 10d-44.3%-67.7%-23.9%-44.2%-41.1%
Call IV 25d164.9%137.7%218.7%174.5%218.7%
Put IV 25d142.7%120.7%196.6%145.7%196.6%
Bid-Ask Spread %11.144.0015.309.4412.06
Gamma HHI0.170.100.250.110.22
Net GEX-1.8M-3.1M630.9K140.1K630.9K
Net DEX238.2M87.7M378.4M95.8M212.7M
Net VEX-1.6M-1.9M-1.4M-1.9M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.472.410.822.41
Total Volume38,942.95718,42681,97564,23755,007
Total OI455,276.696360,754534,825517,934413,272

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$65.50$100.00149.1%43.1%149.0%19.1%166.1%-28.8%1.0%140.1K95.8M-1.9M0.829.44N/AN/A35,32828,909206,696311,238
2023-03-02$60.80$100.00144.8%40.0%148.5%17.4%171.2%-22.6%8.7%-2.0M203.1M-1.8M0.974.00N/AN/A28,78827,838211,240311,912
2023-03-03$65.80$100.00144.2%41.4%149.5%17.2%156.8%-22.9%6.6%551.2K87.7M-1.9M0.634.07N/AN/A28,59017,983211,351313,930
2023-03-06$63.30$100.00132.6%37.8%150.2%12.8%143.5%-13.6%6.9%-189.0K155.7M-1.7M0.7512.89N/AN/A24,71518,455191,350299,364
2023-03-07$60.30$100.00130.0%37.1%143.3%11.8%143.1%-20.8%-1.9%-1.4M216.0M-1.7M0.9213.75N/AN/A15,10713,930195,829305,302
2023-03-08$58.30$100.00127.2%35.6%136.1%10.7%138.1%-21.2%-9.1%-2.2M248.2M-1.7M1.1611.08N/AN/A19,12522,213196,535307,166
2023-03-09$56.40$100.00117.0%35.4%134.2%6.8%139.0%-19.0%6.6%-2.5M269.0M-1.7M1.2111.63N/AN/A12,08114,663200,355310,557
2023-03-10$53.80$100.00121.5%34.6%132.7%8.6%138.3%-23.9%-3.0%-1.9M313.9M-1.7M0.8911.91N/AN/A18,07216,166203,384314,466
2023-03-13$55.10$100.00127.0%36.9%124.2%10.6%138.9%-7.9%2.9%-1.9M265.9M-1.7M0.6112.66N/AN/A12,5957,725186,347301,283
2023-03-14$46.10$100.00134.3%41.0%140.8%13.4%144.4%-20.6%8.7%-2.9M339.4M-1.5M1.3012.20N/AN/A30,65039,954190,935302,561
2023-03-15$41.70$100.00154.7%43.2%144.7%21.2%166.4%-16.9%2.6%-3.1M372.4M-1.5M1.3011.61N/AN/A18,90724,662199,170311,207
2023-03-16$43.90$100.00143.1%41.5%136.7%16.8%155.7%-18.1%1.3%-3.0M362.8M-1.5M1.259.52N/AN/A16,76520,943205,028316,374
2023-03-17$42.10$100.00141.7%41.8%137.1%16.3%195.7%-18.2%0.5%-2.3M378.4M-1.4M1.1510.63N/AN/A16,43418,950209,974324,851
2023-03-20$43.10$100.00141.2%40.5%137.5%16.1%156.0%-20.5%29.1%-2.8M260.0M-1.4M0.8912.63N/AN/A10,4399,318142,897217,857
2023-03-21$44.10$100.00133.3%38.2%128.5%13.1%157.4%-31.9%16.9%-2.7M245.2M-1.4M1.1515.30N/AN/A9,25010,672146,790222,888
2023-03-22$44.10$100.00139.4%40.0%127.1%15.1%158.5%-32.9%9.3%-2.5M234.3M-1.5M1.0615.00N/AN/A18,80319,856149,642226,426
2023-03-23$44.50$100.00151.7%42.8%127.3%17.6%154.2%-22.1%17.7%-2.3M237.2M-1.5M0.6715.18N/AN/A11,0407,386155,893228,888
2023-03-24$44.40$100.00143.2%38.4%127.4%14.2%150.2%-28.9%30.9%-2.6M249.8M-1.5M0.8412.54N/AN/A10,4398,794157,328231,475
2023-03-27$45.10$100.00149.7%38.8%95.3%16.8%147.6%3.0%21.1%-2.2M230.2M-1.4M0.7611.22N/AN/A13,0489,948145,160218,731
2023-03-28$50.60$100.00179.0%45.2%107.3%28.3%180.8%-36.9%10.7%-1.6M144.3M-1.6M0.479.55N/AN/A55,65226,323149,899224,974
2023-03-29$49.90$100.00174.5%42.0%101.8%26.6%158.6%-25.4%17.5%-1.8M168.8M-1.5M0.879.10N/AN/A20,23317,590162,565234,232
2023-03-30$49.10$100.00173.7%42.3%99.2%26.2%140.8%-39.2%9.7%-2.0M188.2M-1.6M0.768.37N/AN/A18,39813,944164,794239,248
2023-03-31$49.60$90.00201.1%44.0%93.8%37.0%162.1%-22.0%6.6%630.9K212.7M-1.5M2.4112.06N/AN/A16,13538,872168,978244,294