AMC Options History — January 2025

In January 2025, AMC traded between $3.10 and $4.08. ATM implied volatility averaged 91.3%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 25.7%. IV traded above realized volatility by 39.7% (HV 20d: 51.6%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.29.

Notable Days

2025-01-15: Highest Volume — 182,406 contracts
2025-01-14: Largest IV spike — 13.5% change
2025-01-15: Highest IV Rank — 20.1%
2025-01-15: Largest Expected Move — 32.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.55	$3.10	$4.08	$4.02	$3.10
Max Pain	$4.13	$4.00	$5.00	$5.00	$4.00
ATM IV	91.3%	71.7%	110.9%	85.7%	89.9%
Expected Move	25.7%	21.1%	32.1%	22.5%	23.4%
HV 20d	51.6%	35.3%	60.0%	52.9%	57.2%
HV 60d	51.8%	46.2%	54.8%	46.7%	54.5%
IV Rank	13.9%	7.7%	20.1%	12.1%	13.5%
IV Percentile	51.2%	15.5%	74.2%	44.8%	52.4%
Term Structure	2.5%	-2.8%	10.6%	2.8%	2.2%
VWIV	106.4%	90.4%	132.3%	103.6%	105.5%
Skew 25d	-24.8%	-54.3%	-12.8%	-28.7%	-18.2%
Skew 10d	-49.6%	-83.3%	-22.6%	-49.7%	-56.2%
Call IV 25d	112.6%	99.2%	137.8%	108.6%	107.8%
Put IV 25d	87.9%	71.8%	109.6%	80.0%	89.6%
Bid-Ask Spread %	8.90	4.06	26.75	4.06	4.93
Gamma HHI	0.11	0.08	0.20	0.08	0.15
Net GEX	394.4K	-80.8K	790.9K	621.8K	223.2K
Net DEX	-15.4M	-30.8M	20.4M	-21.0M	-8.5M
Net VEX	-573.4K	-711.5K	-439.4K	-672.5K	-439.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.29	0.13	0.57	0.15	0.29
Total Volume	105,233.55	62,461	182,406	77,686	64,596
Total OI	1,418,432.25	1,073,857	1,797,566	1,560,487	1,204,164

Daily Data (20 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
2025-01-02	$4.02	$5.00	85.7%	22.5%	52.9%	12.1%	103.6%	-28.7%	2.8%	621.8K	-21.0M	-672.5K	0.15	4.06	N/A	N/A	67,456	10,230	1,209,497	350,990
2025-01-03	$4.04	$5.00	83.0%	21.1%	52.9%	11.3%	90.4%	-23.5%	6.9%	679.8K	-27.1M	-711.5K	0.39	4.32	N/A	N/A	74,204	29,106	1,226,142	355,239
2025-01-06	$4.06	$4.00	78.6%	24.9%	47.0%	9.9%	104.4%	-23.3%	3.3%	354.5K	-23.6M	-704.2K	0.14	7.28	N/A	N/A	135,361	19,424	1,177,763	354,266
2025-01-07	$4.08	$4.00	71.7%	23.2%	36.2%	7.7%	111.4%	-29.1%	3.3%	541.9K	-21.7M	-655.1K	0.14	15.67	N/A	N/A	86,984	12,068	1,235,289	366,287
2025-01-08	$3.96	$4.00	80.8%	24.0%	35.3%	10.6%	100.4%	-28.1%	-0.5%	410.7K	-13.8M	-641.7K	0.20	7.91	N/A	N/A	92,169	18,342	1,268,942	367,578
2025-01-10	$3.80	$4.00	88.4%	25.9%	36.7%	13.0%	113.4%	-32.0%	1.4%	438.5K	-3.5M	-613.2K	0.30	8.32	N/A	N/A	77,401	23,502	1,306,785	370,732
2025-01-13	$3.56	$4.00	87.2%	26.2%	42.0%	12.6%	103.2%	-34.7%	3.5%	237.8K	5.3M	-538.0K	0.34	6.72	N/A	N/A	93,493	32,120	1,257,170	348,565
2025-01-14	$3.25	$4.00	99.0%	27.6%	50.9%	16.3%	110.7%	-24.6%	-2.8%	-80.8K	20.4M	-487.2K	0.57	6.37	N/A	N/A	87,048	49,291	1,288,777	368,211
2025-01-15	$3.51	$4.50	110.9%	32.1%	60.0%	20.1%	126.8%	-28.3%	2.4%	211.5K	-13.4M	-609.3K	0.29	8.82	N/A	N/A	141,834	40,572	1,313,269	361,683
2025-01-16	$3.58	$4.00	106.7%	30.6%	59.6%	18.7%	132.3%	-54.3%	0.5%	367.9K	-21.8M	-629.1K	0.13	9.74	N/A	N/A	92,261	12,362	1,371,795	371,119
2025-01-17	$3.50	$4.00	107.1%	30.3%	56.8%	18.9%	128.8%	-28.3%	-1.9%	790.9K	-17.5M	-600.8K	0.22	5.72	N/A	N/A	116,229	25,439	1,424,267	373,299
2025-01-21	$3.48	$4.00	92.8%	26.6%	55.6%	14.4%	110.4%	-26.5%	4.0%	620.9K	-30.8M	-564.9K	0.25	6.18	N/A	N/A	108,891	26,805	853,990	219,867
2025-01-22	$3.41	$4.00	90.6%	26.0%	54.9%	13.7%	97.2%	-16.6%	10.6%	487.2K	-24.6M	-543.3K	0.44	5.87	N/A	N/A	57,403	25,103	895,852	237,623
2025-01-23	$3.41	$4.00	93.7%	26.6%	54.0%	14.6%	109.8%	-20.1%	5.7%	521.5K	-24.6M	-538.9K	0.36	6.10	N/A	N/A	45,997	16,464	914,370	235,179
2025-01-24	$3.40	$4.00	88.3%	24.4%	53.8%	12.9%	98.2%	-18.7%	10.1%	376.9K	-19.9M	-540.4K	0.30	6.15	N/A	N/A	89,771	26,488	931,723	237,011
2025-01-27	$3.26	$4.00	95.8%	25.7%	55.0%	15.3%	93.9%	-15.8%	-0.1%	295.3K	-18.9M	-513.4K	0.31	26.75	N/A	N/A	75,873	23,789	875,813	223,558
2025-01-28	$3.33	$4.00	91.0%	24.5%	56.2%	13.8%	92.0%	-16.1%	1.0%	387.0K	-20.6M	-517.4K	0.31	15.37	N/A	N/A	48,480	14,881	908,373	227,146
2025-01-29	$3.21	$4.00	90.6%	24.1%	57.0%	13.7%	95.1%	-15.4%	-0.8%	263.8K	-13.3M	-498.6K	0.32	15.68	N/A	N/A	55,055	17,723	925,039	227,766
2025-01-30	$3.13	$4.00	93.9%	24.8%	57.2%	14.7%	99.7%	-12.8%	-2.3%	138.4K	-8.7M	-450.0K	0.29	6.10	N/A	N/A	54,530	15,926	948,220	235,286
2025-01-31	$3.10	$4.00	89.9%	23.4%	57.2%	13.5%	105.5%	-18.2%	2.2%	223.2K	-8.5M	-439.4K	0.29	4.93	N/A	N/A	50,033	14,563	965,860	238,304