AMD Options History — March 2013

In March 2013, AMD traded between $2.40 and $2.75. ATM implied volatility averaged 58.3%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 17.4%. IV traded above realized volatility by 19.6% (HV 20d: 38.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 1.52.

Notable Days

  • 2013-03-11: Highest Volume — 43,813 contracts
  • 2013-03-14: Largest IV spike — 24.1% change
  • 2013-03-04: Highest IV Rank — 39.2%
  • 2013-03-04: Largest Expected Move — 18.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.56$2.40$2.75$2.42$2.55
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV58.3%49.5%61.8%54.7%58.9%
Expected Move17.4%15.7%18.5%15.7%16.9%
HV 20d38.8%33.7%42.8%41.5%33.7%
HV 60d52.1%48.2%53.6%53.6%48.2%
IV Rank34.0%22.1%39.2%29.4%34.3%
IV Percentile62.0%34.5%75.4%52.4%58.3%
Term Structure-0.6%-4.1%10.5%10.5%-0.8%
VWIV61.3%54.2%66.8%54.2%59.2%
Skew 25d2.7%-26.1%9.1%-26.1%2.8%
Skew 10d5.1%-34.8%23.0%-34.8%0.4%
Call IV 25d63.8%59.4%70.6%70.6%63.1%
Put IV 25d66.5%44.4%73.9%44.4%65.9%
Bid-Ask Spread %3.632.646.254.164.40
Gamma HHI0.190.170.220.180.20
Net GEX183.1K90.0K337.7K174.4K146.0K
Net DEX-6.0M-12.5M-1.2M-4.9M-2.5M
Net VEX-264.1K-291.7K-219.6K-232.0K-275.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.187.400.180.19
Total Volume12,724.752,44743,81316,5443,655
Total OI560,461.2516,634591,310517,310577,045

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-03-01$2.42$2.5054.7%15.7%41.5%29.4%54.2%-26.1%10.5%174.4K-4.9M-232.0K0.184.1614,0402,504320,573196,737
2013-03-04$2.40$2.5061.8%18.5%41.5%39.2%66.8%5.3%-1.7%132.0K-2.5M-226.1K0.372.913,9611,479318,796197,838
2013-03-05$2.43$2.5059.2%18.1%40.5%35.6%64.4%6.0%-2.0%140.9K-3.5M-225.9K0.192.985,021937319,677198,915
2013-03-06$2.43$2.5054.7%18.1%38.6%29.4%64.4%7.0%-3.1%128.3K-3.1M-219.6K0.463.053,1811,450323,421199,372
2013-03-07$2.55$2.5056.7%18.4%42.8%32.1%64.4%7.4%-4.1%217.7K-8.4M-234.6K0.862.826,8735,938324,750199,823
2013-03-08$2.56$2.5051.5%17.3%42.6%24.8%62.2%3.3%-0.1%221.7K-9.2M-240.3K7.403.364,37732,401328,694205,083
2013-03-11$2.59$2.5058.9%18.0%42.7%35.2%62.8%2.4%-1.6%162.4K-8.2M-263.6K0.883.3423,26620,547329,419234,279
2013-03-12$2.61$2.5057.8%17.3%41.3%33.6%60.8%6.3%-0.8%161.1K-7.4M-279.8K1.463.373,3474,871337,548248,351
2013-03-13$2.60$2.5049.5%16.7%38.8%22.1%59.9%4.5%0.4%193.0K-7.5M-279.0K3.993.541,9947,959338,778247,246
2013-03-14$2.63$2.5061.5%17.6%39.1%38.7%61.3%4.3%-1.4%195.5K-8.0M-284.2K0.673.693,3762,259337,475251,577
2013-03-15$2.60$2.5059.5%17.1%39.3%36.0%59.8%5.1%0.3%189.8K-7.1M-283.5K0.564.007,5974,251338,855252,455
2013-03-18$2.65$2.5058.8%16.9%39.7%35.0%59.5%1.6%0.3%240.7K-8.2M-281.6K0.444.245,4492,401326,008238,814
2013-03-19$2.67$2.5060.4%17.3%36.9%36.3%60.6%2.1%-1.0%269.6K-9.7M-289.8K0.233.636,2611,448328,411239,605
2013-03-20$2.75$2.5060.5%17.3%35.2%36.5%58.5%1.8%-1.8%337.7K-12.5M-291.7K0.722.646,6254,793330,694240,091
2013-03-21$2.64$2.5061.2%17.5%35.7%37.4%61.3%5.7%0.4%225.9K-7.5M-282.3K3.746.253,67213,720329,023241,467
2013-03-22$2.54$2.5059.7%17.1%38.3%35.3%64.1%-0.9%-1.6%149.2K-3.9M-280.4K3.042.966,80220,709330,614251,577
2013-03-25$2.51$2.5060.9%17.5%36.9%37.1%60.8%9.1%-1.0%90.0K-1.2M-271.1K0.703.903,9842,776331,724252,704
2013-03-26$2.54$2.5058.8%16.8%35.6%34.1%58.7%4.3%-0.4%131.2K-2.2M-269.0K0.583.221,548899333,984236,560
2013-03-27$2.55$2.5061.6%17.7%34.3%38.1%61.3%2.3%-2.8%154.7K-2.9M-272.1K3.704.171,7276,397334,111237,130
2013-03-28$2.55$2.5058.9%16.9%33.7%34.3%59.2%2.8%-0.8%146.0K-2.5M-275.8K0.194.403,073582334,917242,128