AMD Options History — April 2009

In April 2009, AMD traded between $3.02 and $3.75. ATM implied volatility averaged 94.4%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 27.6%. IV traded above realized volatility by 6.6% (HV 20d: 87.9%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2009-04-24: Highest Volume — 16,471 contracts
  • 2009-04-22: Largest IV drop — 26.4% change
  • 2009-04-01: Highest IV Rank — 47.7%
  • 2009-04-01: Largest Expected Move — 33.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.47$3.02$3.75$3.02$3.61
Max Pain$3.14$3.00$4.00$3.00$3.00
ATM IV94.4%70.7%115.0%115.0%73.1%
Expected Move27.6%20.3%33.0%33.0%21.0%
HV 20d87.9%63.4%100.9%100.9%63.5%
HV 60d92.8%84.9%100.1%99.1%85.0%
IV Rank34.9%20.2%47.7%47.7%21.7%
IV Percentile50.5%29.8%73.8%73.8%31.0%
Term Structure-1.9%-12.6%15.6%-5.5%1.3%
VWIV97.2%73.2%120.1%120.1%73.2%
Skew 25d6.4%-0.5%12.2%-0.5%9.4%
Skew 10d13.6%-14.1%54.6%-7.1%12.5%
Call IV 25d96.5%71.8%122.8%122.8%74.7%
Put IV 25d102.9%80.4%122.3%122.3%84.1%
Bid-Ask Spread %4.273.215.333.214.46
Gamma HHI0.200.140.300.180.22
Net GEX28.6K-44.5K170.0K69.3K5.8K
Net DEX8.8M-1.0M16.1M12.2M12.7M
Net VEX-363.3K-402.0K-331.2K-344.0K-354.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.171.690.260.40
Total Volume7,891.1431,82616,47113,22211,424
Total OI491,760.048430,257536,853517,772451,014

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2009-04-01$3.02$3.00115.0%33.0%100.9%47.7%120.1%-0.5%-5.5%69.3K12.2M-344.0K0.263.2110,5202,702271,153246,619
2009-04-02$3.16$3.00100.4%28.8%97.3%38.6%103.1%5.8%8.5%85.1K10.5M-363.9K0.513.894,7672,422277,190247,916
2009-04-03$3.43$3.0095.3%31.3%99.2%35.5%105.3%10.3%-3.6%121.3K6.6M-380.4K0.634.513,9782,503277,081249,136
2009-04-06$3.53$3.00103.5%30.4%98.8%40.5%106.7%6.6%-6.6%138.0K2.3M-396.0K0.954.224,2574,025277,232249,207
2009-04-07$3.44$3.00100.1%31.8%98.0%38.4%108.6%7.7%-2.0%134.8K4.0M-394.5K1.035.112,9983,091277,956249,698
2009-04-08$3.68$3.0090.9%30.1%99.0%32.7%107.1%9.0%-4.3%159.0K-61.5K-399.8K0.344.695,7871,991278,176249,411
2009-04-09$3.75$3.00100.7%28.9%98.9%38.8%103.3%12.2%-5.6%170.0K-1.0M-402.0K0.533.927,0503,760278,474249,958
2009-04-13$3.61$4.00105.4%30.2%100.6%41.7%106.3%3.5%-7.9%-43.0K1.9M-385.5K0.885.333,3002,917280,507251,390
2009-04-14$3.63$4.00104.4%29.9%99.9%41.1%104.8%6.1%-7.1%-36.7K886.5K-388.9K0.254.156,6921,677280,803251,794
2009-04-15$3.44$4.00107.5%30.8%97.4%43.0%105.1%5.2%-4.0%101.9K6.9M-362.8K0.903.444,5284,055284,471252,382
2009-04-16$3.57$3.0098.8%28.3%95.1%37.6%102.3%9.2%-5.9%-37.2K4.5M-367.5K0.294.213,5261,028279,237249,818
2009-04-17$3.56$3.0094.6%27.1%95.1%35.0%97.0%6.6%-3.4%-33.0K5.0M-368.0K0.174.556,2401,045280,122249,012
2009-04-20$3.31$3.00107.1%30.7%90.9%42.8%105.7%8.8%-8.8%-44.5K15.2M-331.2K0.623.795,9993,707211,677218,580
2009-04-21$3.36$3.00110.2%31.6%80.7%44.7%108.9%6.5%-12.6%-41.3K15.1M-337.1K0.784.936,1814,834213,977220,358
2009-04-22$3.33$3.0081.2%23.3%79.8%26.7%79.7%1.7%6.8%-40.0K16.1M-332.6K0.513.895,9223,023217,523223,187
2009-04-23$3.53$3.0082.5%23.7%82.2%27.5%85.9%1.7%-0.5%-28.6K13.8M-347.1K0.604.603,9652,394217,173222,356
2009-04-24$3.51$3.0077.8%22.3%71.1%24.6%79.2%1.8%-0.3%-24.4K13.5M-349.1K0.693.979,7746,697218,696223,910
2009-04-27$3.47$3.0086.6%24.8%68.3%30.0%80.0%7.0%1.2%-17.8K14.4M-347.0K1.283.231,0151,297223,547226,638
2009-04-28$3.41$3.0077.7%22.3%65.4%24.5%81.9%6.0%15.6%-28.6K15.9M-334.6K0.425.121,290536223,744225,624
2009-04-29$3.51$3.0070.7%20.3%63.4%20.2%77.5%9.9%5.1%-8.8K14.4M-343.7K1.694.481,0401,757224,327225,887
2009-04-30$3.61$3.0073.1%21.0%63.5%21.7%73.2%9.4%1.3%5.8K12.7M-354.1K0.404.468,1793,245224,556226,458