AMD Options History — April 2008

In April 2008, AMD traded between $5.78 and $6.34. ATM implied volatility averaged 61.3%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 17.9% (HV 20d: 43.4%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.86.

Notable Days

  • 2008-04-08: Highest Volume — 56,866 contracts
  • 2008-04-18: Largest IV drop — 20.6% change
  • 2008-04-04: Highest IV Rank — 60.6%
  • 2008-04-02: Largest Expected Move — 22.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.08$5.78$6.34$6.07$5.96
Max Pain$6.14$6.00$7.00$7.00$6.00
ATM IV61.3%40.2%80.3%74.6%40.2%
Expected Move17.0%11.5%22.9%21.4%11.5%
HV 20d43.4%38.9%49.1%48.3%38.9%
HV 60d59.1%50.7%69.2%69.2%50.7%
IV Rank37.6%12.0%60.6%53.7%12.0%
IV Percentile66.2%19.8%94.8%89.7%19.8%
Term Structure0.7%-11.2%8.3%-7.5%3.4%
VWIV60.0%40.3%79.2%74.9%40.3%
Skew 25d7.9%0.9%12.5%12.5%0.9%
Skew 10d15.0%1.1%24.6%3.3%1.1%
Call IV 25d59.6%45.7%77.1%72.7%48.5%
Put IV 25d67.5%49.4%87.7%85.2%49.4%
Bid-Ask Spread %4.533.085.964.975.31
Gamma HHI0.160.140.200.170.15
Net GEX-347.4K-502.5K-128.2K-502.5K-328.5K
Net DEX123.0M102.8M143.2M143.2M105.5M
Net VEX-1.5M-1.6M-1.3M-1.5M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.372.520.730.98
Total Volume22,803.4557,00556,86617,61518,132
Total OI1,148,816.318986,0391,274,1551,196,1511,012,429

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-04-01$6.07$7.0074.6%21.4%48.3%53.7%74.9%12.5%-7.5%-502.5K143.2M-1.5M0.734.9710,1877,428572,971623,180
2008-04-02$6.19$7.0079.8%22.9%49.1%60.1%79.2%10.6%-11.2%-433.9K133.5M-1.6M0.943.1915,75814,794576,733625,528
2008-04-03$6.26$7.0077.2%22.1%49.0%56.9%76.3%10.7%-8.9%-438.9K134.5M-1.6M1.423.088,53612,102579,406630,685
2008-04-04$6.23$6.0080.3%19.8%45.6%60.6%68.6%10.1%-0.2%-415.7K137.9M-1.6M1.295.968,37610,800584,203632,210
2008-04-07$6.34$6.0079.0%19.5%46.2%59.0%66.9%9.0%-0.4%-387.8K136.5M-1.6M0.575.5912,0216,875587,699635,635
2008-04-08$6.03$6.0073.1%19.1%45.9%52.0%66.6%9.0%2.9%-476.1K142.1M-1.5M0.474.6138,64418,222594,007635,950
2008-04-09$6.26$6.0080.0%19.4%44.1%60.4%67.2%9.7%2.0%-237.0K125.8M-1.6M0.643.5518,04011,609612,119636,114
2008-04-10$6.27$6.0065.2%18.7%44.0%42.3%65.1%8.4%2.1%-180.0K126.3M-1.6M0.634.5413,1848,275619,601636,127
2008-04-11$6.01$6.0065.9%18.9%42.7%43.2%67.4%9.6%2.7%-283.9K132.6M-1.5M2.523.528,36321,098623,630635,209
2008-04-14$5.86$6.0066.8%19.1%39.6%44.2%68.6%6.9%1.4%-409.2K115.6M-1.3M1.114.157,8738,771587,324577,435
2008-04-15$5.78$6.0066.9%19.2%39.7%44.3%70.9%5.2%1.8%-386.0K142.7M-1.4M1.363.8010,66714,483621,872634,893
2008-04-16$6.07$6.0065.0%18.6%43.9%42.1%65.0%8.3%2.1%-212.7K129.8M-1.5M0.694.5415,41410,619621,760638,123
2008-04-17$6.19$6.0064.3%18.4%42.4%41.3%68.6%11.5%1.0%-128.2K124.2M-1.5M1.143.5317,94920,450628,889642,881
2008-04-18$6.11$6.0051.1%14.6%42.6%25.2%51.8%9.7%8.3%-183.4K123.1M-1.5M0.395.2928,81011,225634,701639,454
2008-04-21$6.14$6.0049.2%14.1%42.2%23.0%50.1%8.7%3.4%-423.2K103.6M-1.4M0.375.9616,1256,022454,347531,692
2008-04-22$5.96$6.0049.5%14.2%43.1%23.3%49.8%6.3%1.4%-466.9K112.7M-1.4M0.793.969,1867,212454,350531,692
2008-04-23$5.92$6.0048.2%13.8%42.9%21.6%48.1%7.5%1.1%-397.5K112.8M-1.4M0.525.219,2274,819465,248533,760
2008-04-24$6.03$6.0044.7%12.8%43.4%17.4%44.7%7.1%2.7%-377.8K107.6M-1.4M0.495.678,2924,059467,460530,850
2008-04-25$6.06$6.0042.5%12.2%40.8%14.8%43.7%4.6%2.6%-323.2K104.5M-1.4M0.493.559,0084,379470,952532,414
2008-04-28$6.00$6.0043.0%12.3%40.9%15.3%44.1%4.4%2.6%-326.1K102.8M-1.4M0.574.874,4632,542475,865533,240
2008-04-29$6.02$6.0042.2%12.1%39.5%14.4%42.4%3.1%3.0%-323.0K107.9M-1.3M0.854.774,1243,513476,324534,997
2008-04-30$5.96$6.0040.2%11.5%38.9%12.0%40.3%0.9%3.4%-328.5K105.5M-1.4M0.985.319,1688,964477,923534,506