AMD Options History — March 2008

In March 2008, AMD traded between $5.89 and $6.84. ATM implied volatility averaged 71.7%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded above realized volatility by 16.0% (HV 20d: 55.8%). Max pain ranged from $7.00 to $9.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.87.

Notable Days

  • 2008-03-28: Highest Volume — 40,703 contracts
  • 2008-03-06: Largest IV spike — 16.1% change
  • 2008-03-17: Highest IV Rank — 62.2%
  • 2008-03-17: Largest Expected Move — 23.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.36$5.89$6.84$6.76$5.89
Max Pain$8.00$7.00$9.00$7.00$7.00
ATM IV71.7%58.2%81.5%62.7%74.8%
Expected Move21.2%16.7%23.4%18.0%21.5%
HV 20d55.8%50.7%63.3%63.2%50.7%
HV 60d70.0%68.6%71.0%69.0%69.7%
IV Rank50.3%33.9%62.2%39.3%54.0%
IV Percentile88.9%75.4%96.4%84.1%90.9%
Term Structure0.1%-5.6%12.7%8.2%-5.6%
VWIV74.1%60.0%81.2%63.3%77.5%
Skew 25d6.8%3.7%10.5%5.4%9.3%
Skew 10d13.5%7.0%25.3%20.5%13.0%
Call IV 25d73.5%59.5%81.5%62.9%76.8%
Put IV 25d80.3%68.2%87.9%68.3%86.1%
Bid-Ask Spread %3.772.774.633.892.77
Gamma HHI0.150.140.180.140.18
Net GEX-297.7K-627.7K171.4K-156.5K-514.2K
Net DEX130.3M114.8M143.2M121.6M143.2M
Net VEX-1.6M-1.8M-1.5M-1.7M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.242.670.790.42
Total Volume18,822.3510,05440,70331,99918,838
Total OI1,194,583.11,166,0201,231,2201,172,6241,192,794

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-03-03$6.76$7.0062.7%18.0%63.2%39.3%63.3%5.4%8.2%-156.5K121.6M-1.7M0.793.8917,90714,092569,653602,971
2008-03-04$6.76$7.0061.5%17.6%63.3%37.8%65.4%7.2%11.1%-104.0K119.1M-1.8M2.083.357,42715,426574,863605,351
2008-03-05$6.84$7.0058.2%16.7%54.8%33.9%60.0%8.7%12.7%-149.6K115.5M-1.8M0.493.7015,2787,510576,482612,283
2008-03-06$6.49$7.0067.6%19.4%52.6%45.3%65.4%3.9%12.3%-255.2K129.9M-1.7M0.584.208,6215,012575,919609,587
2008-03-07$6.49$9.0065.3%22.0%52.1%42.5%75.8%6.0%-2.4%-211.6K128.1M-1.7M0.744.4312,4789,208578,071608,658
2008-03-10$6.16$9.0066.8%22.8%53.6%44.3%81.1%3.7%-3.7%-329.3K135.1M-1.6M0.523.4010,5765,448581,610607,936
2008-03-11$6.48$9.0068.3%21.9%56.6%46.1%75.7%5.3%-1.8%-172.0K125.6M-1.7M1.463.0110,57615,459585,811609,446
2008-03-12$6.43$9.0068.6%22.5%56.2%46.5%76.9%6.5%-2.6%-60.6K122.1M-1.7M0.752.9310,1167,604589,662614,723
2008-03-13$6.73$9.0072.6%20.8%56.3%51.4%74.4%5.8%-0.4%171.4K114.8M-1.8M0.403.1313,6005,483591,381618,308
2008-03-14$6.38$8.0081.1%23.2%58.8%61.6%80.8%7.6%-1.6%-104.7K118.1M-1.7M0.474.2810,5785,021596,696619,024
2008-03-17$6.34$8.0081.5%23.4%58.7%62.2%80.0%7.8%-2.0%-195.5K126.7M-1.7M2.673.724,10310,941596,887619,662
2008-03-18$6.39$8.0078.8%22.6%58.7%58.9%78.2%6.9%-3.1%-394.8K128.7M-1.6M0.704.146,8734,818595,725625,863
2008-03-19$6.15$8.0080.0%22.9%57.0%60.3%81.2%5.7%-2.3%-539.4K139.0M-1.6M1.364.484,2565,798596,432634,706
2008-03-20$6.11$8.0077.8%22.3%56.3%57.6%77.6%5.1%-1.1%-627.7K137.4M-1.6M0.843.899,1467,660596,829634,391
2008-03-24$6.21$8.0077.4%22.2%55.6%57.1%76.7%8.9%-5.6%-460.5K139.6M-1.6M0.554.529,7725,402549,998616,022
2008-03-25$6.30$8.0074.9%21.5%53.9%54.1%73.4%9.6%-3.0%-434.7K138.8M-1.6M0.353.327,9992,807553,976617,203
2008-03-26$6.22$8.0074.7%21.4%52.9%53.9%73.7%10.5%-5.3%-434.6K139.6M-1.5M0.894.405,3944,797557,287617,913
2008-03-27$6.16$8.0070.8%20.3%51.9%49.2%71.3%5.4%-0.1%-482.5K141.1M-1.5M0.243.2715,8933,827557,859620,514
2008-03-28$5.91$8.0071.4%20.5%52.3%49.8%72.6%7.8%-0.9%-498.3K142.0M-1.5M1.084.6319,52921,174563,000616,166
2008-03-31$5.89$7.0074.8%21.5%50.7%54.0%77.5%9.3%-5.6%-514.2K143.2M-1.5M0.422.7713,2895,549569,137623,657