AMC Options History — December 2025

In December 2025, AMC traded between $1.56 and $2.37. ATM implied volatility averaged 74.2%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 21.8%. IV traded above realized volatility by 25.4% (HV 20d: 48.8%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.21.

Notable Days

2025-12-15: Highest Volume — 83,889 contracts
2025-12-15: Largest IV spike — 30.7% change
2025-12-23: Highest IV Rank — 50.4%
2025-12-18: Largest Expected Move — 26.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.98	$1.56	$2.37	$2.37	$1.56
Max Pain	$2.93	$2.50	$3.00	$2.50	$3.00
ATM IV	74.2%	52.4%	91.0%	73.4%	83.3%
Expected Move	21.8%	15.8%	26.4%	22.3%	15.8%
HV 20d	48.8%	37.2%	54.8%	53.3%	37.5%
HV 60d	43.9%	43.3%	45.0%	43.8%	43.3%
IV Rank	31.4%	6.8%	50.4%	30.5%	41.6%
IV Percentile	44.5%	1.2%	88.1%	38.5%	69.4%
Term Structure	3.5%	-26.6%	49.1%	-14.1%	7.8%
VWIV	89.6%	66.0%	109.0%	77.8%	66.0%
Skew 25d	-23.3%	-51.9%	5.1%	-18.3%	-44.4%
Skew 10d	-51.4%	-88.1%	-3.9%	-44.4%	-79.0%
Call IV 25d	96.7%	63.9%	120.3%	90.5%	120.3%
Put IV 25d	73.4%	54.4%	98.2%	72.2%	75.9%
Bid-Ask Spread %	10.26	4.59	26.14	23.71	8.21
Gamma HHI	0.22	0.16	0.33	0.33	0.19
Net GEX	252.1K	36.3K	643.4K	643.4K	51.1K
Net DEX	483.6K	-8.4M	7.4M	-8.4M	3.3M
Net VEX	-161.6K	-203.9K	-126.8K	-203.9K	-131.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.21	0.06	0.46	0.11	0.19
Total Volume	44,620.818	18,631	83,889	59,603	34,586
Total OI	1,070,514.545	987,941	1,126,364	1,055,499	1,046,817

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	$2.37	$2.50	73.4%	22.3%	53.3%	30.5%	77.8%	-18.3%	-14.1%	643.4K	-8.4M	-203.9K	0.11	23.71	N/A	N/A	53,657	5,946	886,069	169,430
2025-12-02	$2.29	$2.50	77.3%	21.3%	54.4%	34.9%	74.1%	-37.2%	4.6%	611.3K	-7.3M	-202.5K	0.12	23.05	N/A	N/A	21,302	2,633	898,831	171,785
2025-12-03	$2.29	$2.50	64.1%	26.0%	54.3%	20.0%	90.1%	-16.8%	11.8%	438.1K	-6.3M	-196.5K	0.06	26.14	N/A	N/A	27,082	1,691	907,768	172,434
2025-12-04	$2.33	$3.00	76.0%	24.4%	54.8%	33.5%	94.8%	-22.9%	1.0%	476.0K	-6.7M	-201.6K	0.07	7.70	N/A	N/A	32,638	2,280	918,716	173,218
2025-12-05	$2.29	$3.00	80.3%	25.5%	53.7%	38.4%	96.4%	-22.7%	6.5%	454.1K	-6.2M	-196.2K	0.14	8.02	N/A	N/A	26,453	3,745	929,574	172,657
2025-12-08	$2.33	$3.00	74.3%	23.5%	49.1%	31.5%	88.8%	-23.7%	4.3%	516.6K	-6.2M	-194.2K	0.09	8.01	N/A	N/A	56,917	4,840	879,367	170,795
2025-12-09	$2.26	$3.00	73.6%	21.8%	49.6%	30.8%	79.4%	-13.0%	3.3%	460.4K	-2.5M	-183.4K	0.46	4.77	N/A	N/A	32,056	14,612	908,915	173,073
2025-12-10	$2.25	$3.00	73.0%	20.0%	49.6%	30.1%	84.5%	-10.7%	-2.1%	325.6K	-1.1M	-179.1K	0.17	15.23	N/A	N/A	35,014	5,873	907,910	184,735
2025-12-11	$2.17	$3.00	57.9%	18.0%	50.6%	13.0%	86.8%	-9.8%	11.4%	239.6K	1.1M	-172.5K	0.23	8.59	N/A	N/A	19,570	4,561	913,603	188,850
2025-12-12	$2.09	$3.00	52.4%	18.9%	49.3%	6.8%	78.3%	5.1%	49.1%	119.1K	4.2M	-155.4K	0.30	7.70	N/A	N/A	26,618	7,868	917,177	187,786
2025-12-15	$1.98	$3.00	68.5%	20.0%	51.3%	24.9%	84.3%	-5.3%	14.3%	36.3K	6.1M	-146.9K	0.27	7.95	N/A	N/A	66,213	17,676	876,542	184,033
2025-12-16	$1.94	$3.00	78.3%	22.8%	49.5%	36.0%	102.5%	-33.0%	-14.5%	137.4K	4.6M	-157.2K	0.30	7.65	N/A	N/A	34,156	10,088	902,967	186,825
2025-12-17	$1.83	$3.00	85.4%	24.5%	52.1%	44.0%	105.2%	-28.1%	-11.8%	122.5K	7.4M	-139.9K	0.32	7.53	N/A	N/A	38,813	12,436	918,533	185,033
2025-12-18	$1.79	$3.00	90.1%	26.4%	51.3%	49.3%	93.7%	-28.9%	-19.6%	99.9K	7.4M	-135.7K	0.23	6.81	N/A	N/A	29,129	6,559	935,490	186,882
2025-12-19	$1.75	$3.00	67.1%	20.1%	51.4%	23.5%	106.8%	-51.9%	-18.9%	123.5K	5.2M	-139.9K	0.26	6.07	N/A	N/A	32,833	8,661	946,582	179,782
2025-12-22	$1.69	$3.00	75.6%	16.9%	48.5%	33.0%	97.6%	-40.0%	-15.4%	88.3K	4.7M	-126.8K	0.15	5.87	N/A	N/A	67,801	10,081	822,183	165,758
2025-12-23	$1.67	$3.00	91.0%	20.0%	47.8%	50.4%	94.4%	-17.5%	-26.6%	104.0K	2.4M	-142.0K	0.24	18.39	N/A	N/A	31,366	7,449	858,328	171,995
2025-12-24	$1.67	$3.00	67.8%	21.9%	45.1%	24.1%	94.2%	-4.3%	35.7%	152.2K	3.2M	-133.0K	0.19	6.08	N/A	N/A	15,714	2,917	874,253	173,813
2025-12-26	$1.71	$3.00	80.2%	24.0%	46.1%	38.2%	109.0%	-34.3%	2.9%	140.6K	1.6M	-146.0K	0.27	7.58	N/A	N/A	34,637	9,406	879,254	173,158
2025-12-29	$1.63	$3.00	67.2%	25.0%	37.2%	23.6%	96.6%	-20.8%	48.4%	117.4K	1.2M	-136.6K	0.46	6.06	N/A	N/A	36,385	16,733	844,749	167,337
2025-12-30	$1.62	$3.00	75.5%	19.8%	37.3%	32.9%	70.8%	-34.1%	-0.7%	88.7K	3.1M	-133.7K	0.10	4.59	N/A	N/A	66,149	6,514	860,483	177,830
2025-12-31	$1.56	$3.00	83.3%	15.8%	37.5%	41.6%	66.0%	-44.4%	7.8%	51.1K	3.3M	-131.2K	0.19	8.21	N/A	N/A	29,136	5,450	866,940	179,877