AMD Options History — August 2008

In August 2008, AMD traded between $4.28 and $6.29. ATM implied volatility averaged 59.7%, placing in the 33.4% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 0.9% (HV 20d: 60.6%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2008-08-15: Highest Volume — 60,494 contracts
  • 2008-08-08: Largest IV drop — 12.9% change
  • 2008-08-04: Highest IV Rank — 46.1%
  • 2008-08-04: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.43$4.28$6.29$4.28$6.29
Max Pain$4.81$4.00$5.00$5.00$5.00
ATM IV59.7%49.8%69.8%64.3%49.8%
Expected Move17.1%14.3%18.6%18.4%14.3%
HV 20d60.6%41.2%78.1%76.0%41.5%
HV 60d65.0%61.3%67.4%61.3%64.6%
IV Rank33.4%21.1%46.1%39.2%21.1%
IV Percentile50.2%31.0%73.8%62.3%31.0%
Term Structure16.3%-3.4%21.3%-3.4%18.7%
VWIV60.4%50.6%65.1%64.1%50.6%
Skew 25d6.2%2.1%8.9%3.9%6.3%
Skew 10d13.9%-3.9%25.7%18.7%20.2%
Call IV 25d58.9%48.0%64.8%64.8%48.0%
Put IV 25d65.2%54.3%68.7%68.7%54.3%
Bid-Ask Spread %3.592.635.222.654.29
Gamma HHI0.140.110.180.150.18
Net GEX-2.7K-365.6K236.7K-365.6K229.9K
Net DEX84.2M52.5M118.5M118.5M52.5M
Net VEX-1.2M-1.4M-880.8K-880.8K-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.121.180.580.75
Total Volume24,253.5249,79460,49416,15217,849
Total OI1,170,355.2381,140,4181,210,9711,140,4181,210,971

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-08-01$4.28$5.0064.3%18.4%76.0%39.2%64.1%3.9%-3.4%-365.6K118.5M-880.8K0.582.6510,2115,941564,313576,105
2008-08-04$4.48$4.0069.8%18.6%78.1%46.1%63.5%2.1%14.5%-303.1K112.5M-958.6K0.243.2713,5243,262568,522577,143
2008-08-05$4.60$4.0064.3%17.3%78.0%39.3%61.5%3.0%14.5%-269.9K118.0M-936.9K0.323.627,4212,373573,726576,514
2008-08-06$4.80$4.0058.8%16.7%74.1%32.3%57.9%7.6%13.4%-134.8K112.5M-989.0K0.573.809,0635,170574,271575,754
2008-08-07$5.03$4.0063.5%17.8%75.8%38.2%63.0%4.2%14.1%-13.5K98.3M-1.1M0.283.4235,71610,149576,280576,277
2008-08-08$5.13$5.0055.3%17.1%75.5%28.0%60.3%6.4%14.6%10.6K98.1M-1.1M0.343.8013,1574,474581,423579,581
2008-08-11$5.11$5.0060.3%17.8%75.5%34.2%62.7%7.3%14.0%47.6K101.1M-1.1M0.223.7913,8693,086580,976580,715
2008-08-12$5.21$5.0062.3%17.7%75.1%36.7%60.8%7.6%14.6%73.9K90.3M-1.1M0.183.4819,5823,559586,011580,715
2008-08-13$5.15$5.0057.6%17.6%71.3%30.8%61.8%8.6%16.0%132.7K97.7M-1.1M0.743.4120,03414,765592,887581,512
2008-08-14$5.30$5.0061.7%17.7%70.1%36.0%59.4%7.9%14.5%-65.2K88.1M-1.2M0.123.3915,7021,948599,620589,813
2008-08-15$5.64$5.0057.1%16.4%53.9%30.2%60.6%5.8%18.7%-263.3K77.0M-1.2M0.293.5746,85713,637599,606589,174
2008-08-18$5.91$5.0059.7%17.1%54.7%33.5%61.2%7.3%21.2%-81.1K66.2M-1.4M0.575.2229,07816,535561,383579,538
2008-08-19$5.58$5.0062.0%17.8%57.3%36.3%65.1%4.8%20.4%-38.2K75.8M-1.3M0.303.3219,7356,012577,752585,061
2008-08-20$5.70$5.0059.0%16.9%54.8%32.6%61.5%4.5%21.3%35175.2M-1.3M0.193.5712,1202,304582,422588,479
2008-08-21$5.76$5.0063.6%18.2%46.9%38.4%65.0%4.9%18.7%2.8K71.9M-1.3M0.233.2921,8375,011583,230584,841
2008-08-22$5.81$5.0059.7%17.1%46.5%33.4%61.5%8.9%20.8%154.9K69.7M-1.3M0.253.729,7802,448595,948588,973
2008-08-25$5.93$5.0061.3%17.6%41.9%35.5%63.3%6.9%18.7%150.7K62.8M-1.3M0.365.1820,3497,402593,602589,584
2008-08-26$5.93$5.0056.5%16.2%42.1%29.4%57.3%8.4%20.2%205.7K64.3M-1.3M0.162.7811,8691,862599,666591,839
2008-08-27$6.07$5.0053.7%15.4%41.9%25.9%54.3%7.4%19.4%236.7K60.6M-1.3M0.682.6317,71812,108600,346591,957
2008-08-28$6.25$5.0052.8%15.1%41.2%24.8%52.6%7.1%17.9%232.2K56.6M-1.3M1.183.1010,01211,795598,515592,415
2008-08-29$6.29$5.0049.8%14.3%41.5%21.1%50.6%6.3%18.7%229.9K52.5M-1.4M0.754.2910,2277,622607,110603,861