AMD Options History — April 2012

In April 2012, AMD traded between $7.31 and $8.20. ATM implied volatility averaged 46.1%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 13.3% (HV 20d: 32.9%). Max pain ranged from $7.00 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.29.

Notable Days

  • 2012-04-20: Highest Volume — 71,786 contracts
  • 2012-04-12: Largest IV drop — 25.4% change
  • 2012-04-10: Highest IV Rank — 61.8%
  • 2012-04-16: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.70$7.31$8.20$8.20$7.36
Max Pain$7.80$7.00$8.00$7.00$8.00
ATM IV46.1%35.2%62.1%45.8%35.2%
Expected Move12.6%10.1%14.4%13.1%10.1%
HV 20d32.9%27.6%35.7%35.4%34.9%
HV 60d35.9%35.0%36.8%35.0%36.5%
IV Rank30.4%9.0%61.8%29.7%9.0%
IV Percentile45.5%7.5%84.9%50.0%7.5%
Term Structure-1.9%-6.0%3.4%-4.3%2.6%
VWIV44.3%35.7%50.5%46.2%36.2%
Skew 25d2.0%0.5%4.4%4.4%1.4%
Skew 10d9.3%0.3%90.4%5.2%90.4%
Call IV 25d44.7%36.1%51.5%46.2%36.9%
Put IV 25d46.8%38.0%53.3%50.6%38.3%
Bid-Ask Spread %3.141.715.952.282.30
Gamma HHI0.310.270.450.280.31
Net GEX1.4M908.3K2.7M1.4M947.5K
Net DEX-38.5M-67.2M-14.9M-56.5M-14.9M
Net VEX-330.3K-376.5K-272.4K-336.2K-272.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.060.540.110.21
Total Volume14,542.52,68071,78614,7672,680
Total OI284,831.7240,351346,842275,243244,341

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-04-02$8.20$7.0045.8%13.1%35.4%29.7%46.2%4.4%-4.3%1.4M-56.5M-336.2K0.112.2813,3181,449175,75899,485
2012-04-03$7.98$7.0046.9%13.5%35.7%32.0%48.3%3.2%-4.4%1.3M-49.2M-355.1K0.392.316,3172,469185,573100,073
2012-04-04$7.81$7.0048.2%13.8%35.1%34.5%48.8%1.4%-5.9%1.2M-42.1M-341.1K0.292.367,8602,274188,146101,612
2012-04-05$7.87$7.0048.7%14.0%32.4%35.5%49.9%3.1%-6.0%1.3M-43.5M-345.1K0.202.324,149810187,368101,297
2012-04-09$7.75$8.0057.7%12.8%32.7%53.1%45.0%1.5%-1.8%1.2M-42.3M-343.7K0.123.568,5951,007188,706100,908
2012-04-10$7.53$8.0062.1%13.8%34.1%61.8%48.3%0.5%-3.0%1.1M-36.2M-347.8K0.293.014,3621,281195,121100,998
2012-04-11$7.64$8.0060.1%13.1%32.2%58.0%46.5%2.2%-1.4%1.2M-38.8M-337.7K0.522.892,0871,078194,722101,313
2012-04-12$7.92$8.0044.9%12.9%34.8%27.9%45.8%1.7%-1.5%1.4M-48.3M-354.2K0.233.723,345778195,502101,497
2012-04-13$7.73$8.0046.5%13.3%27.6%31.1%46.7%1.2%-1.8%1.3M-42.0M-349.2K0.543.077,4504,034195,670101,460
2012-04-16$7.70$8.0050.3%14.4%27.6%38.6%50.5%0.9%-5.3%1.3M-42.8M-342.3K0.354.1211,4053,950199,109101,879
2012-04-17$7.94$8.0050.1%14.4%30.1%38.3%49.9%1.6%-5.2%1.7M-55.6M-352.3K0.063.1741,5462,432203,124101,894
2012-04-18$7.97$8.0048.2%13.8%29.8%34.5%48.5%0.5%-4.1%2.6M-67.2M-376.5K0.295.955,8911,732232,399102,352
2012-04-19$7.97$8.0047.6%13.6%29.8%33.3%47.9%3.2%-5.0%2.7M-66.4M-357.6K0.385.8823,3458,798233,387102,611
2012-04-20$7.76$8.0036.9%10.6%31.2%12.2%37.2%1.9%3.4%1.8M-38.9M-333.4K0.211.7159,25112,535239,049107,793
2012-04-23$7.39$8.0041.1%11.8%35.1%20.6%40.6%2.2%0.5%908.3K-18.2M-300.0K0.353.8613,7434,860166,76473,587
2012-04-24$7.31$8.0040.1%11.5%34.1%18.6%39.3%3.6%0.3%913.2K-16.2M-296.9K0.362.638,4123,063170,45972,648
2012-04-25$7.39$8.0038.9%11.1%34.7%16.1%37.7%3.2%1.6%945.4K-17.5M-292.7K0.382.653,3011,263170,26272,211
2012-04-26$7.45$8.0037.1%10.6%34.8%12.6%36.2%1.8%2.1%1.0M-18.7M-294.7K0.142.304,806661171,75372,541
2012-04-27$7.33$8.0036.5%10.5%34.9%11.4%35.7%1.3%1.4%923.1K-15.0M-276.3K0.362.633,3091,204171,12272,140
2012-04-30$7.36$8.0035.2%10.1%34.9%9.0%36.2%1.4%2.6%947.5K-14.9M-272.4K0.212.302,220460172,13172,210