AMD Options History — December 2007

In December 2007, AMD traded between $7.32 and $9.66. ATM implied volatility averaged 64.1%, placing in the 82.4% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 22.1% (HV 20d: 42.1%). Max pain ranged from $11.00 to $14.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.73.

Notable Days

2007-12-05: Highest Volume — 119,996 contracts
2007-12-05: Largest IV spike — 16.4% change
2007-12-19: Highest IV Rank — 100.0%
2007-12-19: Largest Expected Move — 20.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.38	$7.32	$9.66	$9.66	$7.50
Max Pain	$13.10	$11.00	$14.00	$11.00	$12.50
ATM IV	64.1%	54.5%	72.8%	54.5%	62.4%
Expected Move	18.5%	15.6%	20.9%	15.6%	17.9%
HV 20d	42.1%	38.3%	46.7%	45.0%	40.2%
HV 60d	39.5%	37.8%	41.1%	37.8%	41.1%
IV Rank	82.4%	60.3%	100.0%	60.3%	75.5%
IV Percentile	96.9%	92.8%	100.0%	94.8%	94.4%
Term Structure	4.7%	-0.3%	13.5%	2.4%	13.5%
VWIV	66.9%	56.4%	77.2%	56.4%	66.4%
Skew 25d	0.6%	-8.8%	6.6%	2.0%	-1.1%
Skew 10d	0.8%	-16.1%	11.0%	3.7%	-5.3%
Call IV 25d	69.2%	57.8%	77.7%	57.8%	72.2%
Put IV 25d	69.8%	59.8%	78.0%	59.8%	71.0%
Bid-Ask Spread %	2.42	1.39	3.99	3.99	2.03
Gamma HHI	0.14	0.13	0.18	0.17	0.15
Net GEX	-1.4M	-2.2M	-1.1M	-2.2M	-1.3M
Net DEX	336.8M	289.0M	390.6M	357.4M	289.0M
Net VEX	-2.5M	-3.0M	-2.1M	-3.0M	-2.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.33	1.88	0.36	0.84
Total Volume	45,203.1	23,632	119,996	37,072	43,416
Total OI	1,807,510.9	1,730,282	1,929,790	1,764,369	1,749,720

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 Vol	Put Vol	Call OI	Put OI
2007-12-03	$9.66	$11.00	54.5%	15.6%	45.0%	60.3%	56.4%	2.0%	2.4%	-2.2M	357.4M	-3.0M	0.36	3.99	27,280	9,792	848,559	915,810
2007-12-04	$9.25	$11.00	58.7%	16.8%	44.1%	70.8%	59.6%	1.0%	3.1%	-1.9M	384.3M	-2.7M	0.67	2.90	32,775	21,962	856,210	907,197
2007-12-05	$8.91	$11.00	68.3%	19.6%	44.0%	94.8%	73.6%	-8.8%	1.2%	-1.8M	359.5M	-2.6M	0.33	3.69	90,036	29,960	864,808	900,658
2007-12-06	$9.07	$11.00	65.1%	18.7%	45.8%	86.9%	66.8%	-2.6%	2.6%	-1.4M	341.1M	-2.7M	0.59	3.62	26,826	15,902	898,878	901,761
2007-12-07	$9.05	$14.00	60.2%	18.8%	45.4%	74.6%	66.3%	0.6%	1.7%	-1.3M	334.1M	-2.7M	0.45	1.90	29,673	13,363	907,685	894,859
2007-12-10	$9.18	$14.00	60.8%	18.8%	46.7%	76.1%	65.8%	1.3%	0.2%	-1.2M	336.1M	-2.7M	0.35	2.03	17,566	6,066	921,417	897,429
2007-12-11	$9.07	$14.00	62.0%	18.2%	46.1%	79.1%	64.8%	-1.3%	1.3%	-1.2M	335.0M	-2.7M	0.50	2.76	19,687	9,868	923,824	898,979
2007-12-12	$8.97	$14.00	60.6%	17.1%	42.0%	75.5%	61.6%	-2.6%	4.9%	-1.2M	338.6M	-2.6M	0.50	2.10	25,094	12,657	923,894	893,545
2007-12-13	$8.84	$14.00	61.7%	17.7%	42.0%	78.3%	64.1%	-0.9%	6.5%	-1.1M	340.6M	-2.6M	0.71	2.43	43,663	31,058	928,912	897,594
2007-12-14	$8.43	$14.00	62.3%	17.8%	38.9%	79.8%	64.0%	2.5%	6.5%	-1.3M	346.4M	-2.5M	0.70	2.51	31,923	22,323	939,447	909,416
2007-12-17	$7.95	$14.00	69.0%	19.8%	40.7%	96.7%	72.5%	3.0%	-0.3%	-1.9M	390.6M	-2.5M	0.87	2.40	17,663	15,359	942,987	986,803
2007-12-18	$7.68	$14.00	70.3%	20.1%	40.0%	99.7%	77.2%	-0.7%	3.2%	-1.4M	353.2M	-2.2M	0.64	2.35	31,440	20,205	943,197	913,975
2007-12-19	$7.98	$14.00	72.8%	20.9%	41.8%	100.0%	76.1%	0.7%	1.9%	-1.3M	333.0M	-2.4M	1.12	2.10	21,141	23,695	957,917	908,913
2007-12-20	$7.97	$14.00	71.8%	20.6%	41.2%	97.6%	72.5%	2.5%	2.8%	-1.3M	331.5M	-2.4M	1.15	2.60	14,219	16,392	967,566	915,771
2007-12-21	$7.79	$14.00	68.6%	19.7%	41.1%	90.2%	69.5%	5.8%	4.8%	-1.3M	339.0M	-2.3M	1.88	2.27	14,009	26,275	970,124	920,318
2007-12-24	$7.77	$14.00	67.9%	19.5%	39.5%	88.6%	69.0%	6.6%	6.2%	-1.3M	313.9M	-2.3M	0.81	1.66	18,819	15,337	844,679	885,708
2007-12-26	$7.77	$12.50	62.6%	18.0%	39.8%	76.1%	64.9%	3.7%	8.4%	-1.2M	310.9M	-2.2M	0.61	1.84	20,113	12,199	851,197	879,085
2007-12-27	$7.53	$12.50	62.0%	17.8%	38.3%	74.7%	64.1%	1.2%	9.4%	-1.2M	300.9M	-2.2M	0.47	1.76	22,070	10,393	861,271	876,106
2007-12-28	$7.32	$12.50	60.9%	17.5%	38.6%	72.0%	63.1%	-1.2%	13.0%	-1.1M	301.6M	-2.1M	1.10	1.39	20,923	22,920	868,282	875,717
2007-12-31	$7.50	$12.50	62.4%	17.9%	40.2%	75.5%	66.4%	-1.1%	13.5%	-1.3M	289.0M	-2.2M	0.84	2.03	23,654	19,762	876,808	872,912