AMD Options History — May 2008

In May 2008, AMD traded between $6.16 and $7.41. ATM implied volatility averaged 47.7%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 0.7% (HV 20d: 47.1%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.75.

Notable Days

  • 2008-05-06: Highest Volume — 130,789 contracts
  • 2008-05-06: Largest IV spike — 54.2% change
  • 2008-05-06: Highest IV Rank — 39.3%
  • 2008-05-08: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.93$6.16$7.41$6.22$6.88
Max Pain$6.43$6.00$7.00$6.00$7.00
ATM IV47.7%38.3%62.7%39.4%40.3%
Expected Move13.4%11.0%15.2%11.3%11.6%
HV 20d47.1%41.8%51.9%41.8%45.8%
HV 60d48.1%45.2%50.4%48.1%45.3%
IV Rank21.1%9.6%39.3%11.0%12.1%
IV Percentile41.3%13.9%72.2%19.0%13.9%
Term Structure8.9%4.8%12.7%4.8%10.8%
VWIV47.7%38.2%54.5%39.7%40.6%
Skew 25d3.4%0.5%9.0%3.9%4.3%
Skew 10d7.0%-10.2%29.4%16.2%5.7%
Call IV 25d49.1%43.8%53.6%44.1%44.9%
Put IV 25d52.5%47.8%57.2%47.9%49.2%
Bid-Ask Spread %4.303.006.415.164.25
Gamma HHI0.170.150.270.160.16
Net GEX143.7K-321.1K972.7K-321.1K34.7K
Net DEX54.4M-41.1M100.1M100.1M75.5M
Net VEX-1.6M-1.8M-967.6K-1.4M-1.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.212.580.580.64
Total Volume24,146.7626,795130,78916,22425,079
Total OI1,063,101.714575,7111,132,5521,017,8381,101,799

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-05-01$6.22$6.0039.4%11.3%41.8%11.0%39.7%3.9%4.8%-321.1K100.1M-1.4M0.585.1610,2405,984481,514536,324
2008-05-02$6.16$6.0038.3%11.0%41.9%9.6%38.2%9.0%5.1%-202.9K96.3M-1.4M0.935.537,3396,812485,552537,508
2008-05-05$6.53$6.0040.7%12.3%46.5%12.6%45.4%4.0%7.8%-166.3K81.5M-1.5M0.904.6320,46118,377486,673540,946
2008-05-06$7.12$6.0062.7%14.0%51.4%39.3%50.0%3.0%12.7%-85.0K46.0M-1.7M0.255.21105,03725,752494,561551,726
2008-05-07$6.91$6.0062.6%15.1%51.9%39.2%53.9%3.3%8.7%169.1K48.9M-1.7M0.213.8726,0745,381540,681561,605
2008-05-08$6.93$6.0057.6%15.2%51.9%33.0%54.5%3.9%7.7%267.6K45.1M-1.7M0.544.8920,71711,269548,818557,248
2008-05-09$6.94$6.0052.4%14.9%48.8%26.8%53.9%3.3%7.7%262.3K47.3M-1.7M0.733.487,2805,292551,679559,631
2008-05-12$7.16$6.0054.6%14.9%48.0%29.5%52.0%5.0%8.3%972.7K-41.1M-967.6K0.434.6215,4656,670301,069274,642
2008-05-13$7.19$6.0050.1%14.7%47.2%24.0%51.3%4.8%7.5%465.1K37.6M-1.8M0.654.639,3646,066559,042566,895
2008-05-14$7.16$6.0043.7%14.4%45.2%16.2%50.7%3.1%8.2%354.3K37.5M-1.8M0.436.4114,1176,088556,423564,801
2008-05-15$7.41$6.0049.1%14.1%46.0%22.8%48.4%4.5%8.5%315.9K22.2M-1.8M0.573.0012,0626,847557,932566,897
2008-05-16$7.26$6.0047.2%13.5%46.6%20.5%47.5%2.6%9.5%298.3K26.3M-1.8M0.353.5620,5737,110562,327570,225
2008-05-19$7.10$7.0046.5%13.3%47.8%19.6%48.4%1.8%9.5%92.8K58.2M-1.7M0.243.8520,3324,953527,411536,753
2008-05-20$7.12$7.0047.3%13.6%45.9%20.6%48.6%1.5%9.5%157.0K54.5M-1.8M0.534.345,3972,867537,094539,188
2008-05-21$7.08$7.0046.1%13.2%45.8%19.2%47.3%0.5%9.3%204.7K54.8M-1.8M1.443.447,03810,137542,837539,169
2008-05-22$7.07$7.0044.0%12.6%45.8%16.5%44.5%1.1%11.6%150.1K57.1M-1.8M0.774.453,8302,965544,686547,122
2008-05-23$6.88$7.0045.8%13.1%47.5%18.7%48.0%1.6%11.1%51.7K69.3M-1.7M0.773.347,6225,834547,615548,579
2008-05-27$6.92$7.0046.0%13.2%47.1%19.0%47.4%4.8%9.6%53.3K67.5M-1.7M1.194.084,0434,807548,729550,033
2008-05-28$6.82$7.0045.1%12.9%47.7%18.0%49.2%2.5%7.6%-19.8K75.2M-1.6M0.973.506,2766,065549,643546,818
2008-05-29$6.77$7.0043.4%12.4%47.6%15.8%43.3%3.2%10.8%-37.9K82.3M-1.6M2.583.992,6446,816550,968551,973
2008-05-30$6.88$7.0040.3%11.6%45.8%12.1%40.6%4.3%10.8%34.7K75.5M-1.6M0.644.2515,2499,830550,932550,867