AMD Options History — September 2013

In September 2013, AMD traded between $3.27 and $3.95. ATM implied volatility averaged 56.2%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded above realized volatility by 17.3% (HV 20d: 38.9%). Max pain ranged from $3.00 to $7.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.66.

Notable Days

  • 2013-09-26: Highest Volume — 33,802 contracts
  • 2013-09-16: Largest IV spike — 7.2% change
  • 2013-09-23: Highest IV Rank — 34.0%
  • 2013-09-18: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.75$3.27$3.95$3.27$3.81
Max Pain$4.47$3.00$7.00$3.50$5.50
ATM IV56.2%49.9%61.1%51.0%60.2%
Expected Move15.2%14.3%16.1%14.6%15.7%
HV 20d38.9%31.5%43.3%31.6%34.4%
HV 60d52.6%51.3%53.8%51.9%52.3%
IV Rank26.6%17.2%34.0%18.8%32.5%
IV Percentile27.4%9.9%48.0%12.7%40.5%
Term Structure2.0%-5.6%11.0%7.4%-3.3%
VWIV53.8%49.7%59.4%57.9%53.8%
Skew 25d0.4%-4.5%3.5%-0.0%2.3%
Skew 10d0.6%-17.0%9.1%-17.0%1.8%
Call IV 25d61.2%52.2%66.0%52.2%60.5%
Put IV 25d61.6%50.1%66.0%52.2%62.9%
Bid-Ask Spread %10.225.3728.945.5111.02
Gamma HHI0.240.150.460.160.20
Net GEX956.8K224.8K2.3M224.8K812.5K
Net DEX-33.2M-53.1M1.1M1.1M-31.7M
Net VEX-532.6K-562.0K-462.0K-462.0K-545.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.082.591.031.01
Total Volume21,577.59,84933,80216,57522,257
Total OI863,020.6809,496916,392809,496881,849

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-09-03$3.27$3.5051.0%14.6%31.6%18.8%57.9%-0.0%7.4%224.8K1.1M-462.0K1.035.518,1638,412436,721372,775
2013-09-04$3.31$3.5049.9%14.3%31.5%17.2%49.7%-4.5%11.0%285.5K-2.0M-468.7K0.287.537,7132,136440,568375,662
2013-09-05$3.41$3.5050.8%14.6%34.0%18.5%55.2%-4.2%7.4%388.3K-5.8M-474.8K0.536.6111,4716,132443,671376,565
2013-09-06$3.57$3.5052.0%14.9%38.2%20.3%54.1%0.1%7.2%596.8K-18.5M-502.2K0.386.0320,6587,849447,331378,521
2013-09-09$3.69$3.5052.6%15.1%39.7%21.3%53.3%3.1%6.7%802.2K-30.9M-519.7K0.145.3717,5662,457453,918382,718
2013-09-10$3.87$3.5050.2%14.4%43.1%17.7%50.9%3.5%9.5%1.0M-45.7M-535.0K0.365.9619,3746,969458,691383,201
2013-09-11$3.82$3.5051.1%14.6%43.3%19.0%51.7%-2.1%8.2%1.0M-41.4M-539.6K2.506.578,82122,068462,552383,978
2013-09-12$3.75$0.0054.6%15.4%42.1%24.3%53.4%-3.3%5.5%893.1K-34.8M-541.0K0.288.6411,9903,385465,361401,501
2013-09-13$3.83$3.0055.1%14.9%40.8%25.0%52.2%-1.2%10.7%1.0M-45.0M-557.6K0.085.4730,5372,301467,748403,298
2013-09-16$3.82$0.0059.1%14.7%40.7%30.9%53.3%0.1%-4.6%1.0M-39.3M-546.4K0.2528.9423,2645,761471,088403,407
2013-09-17$3.85$3.5059.1%15.2%40.1%30.9%53.5%0.9%-4.1%1.5M-42.0M-553.3K0.2521.039,8932,486493,578404,292
2013-09-18$3.93$7.0059.0%16.1%40.5%30.7%0.0%2.8%-5.6%2.0M-52.5M-551.2K0.2920.4212,8463,704496,913405,987
2013-09-19$3.95$7.0058.7%15.6%40.4%30.3%54.7%1.3%-0.4%2.3M-53.1M-543.9K2.5910.468,67522,499492,740403,950
2013-09-20$3.83$4.0060.1%15.4%42.3%32.4%52.6%2.4%0.4%677.8K-37.1M-555.6K0.3310.0515,8195,275494,598421,794
2013-09-23$3.79$7.0061.1%15.8%42.5%34.0%59.4%1.8%-2.8%770.3K-32.4M-543.5K0.248.9216,4083,965449,353400,839
2013-09-24$3.80$5.5060.5%15.4%41.8%33.0%55.5%2.4%-4.6%834.8K-33.4M-541.3K1.3110.217,64810,015457,507403,799
2013-09-25$3.91$4.0059.7%15.4%36.7%31.8%53.9%1.1%-4.1%1.1M-42.1M-557.2K0.178.3614,5722,519461,213409,080
2013-09-26$3.89$4.0060.4%15.6%36.9%32.8%53.4%1.5%-1.5%1.1M-41.1M-551.9K0.717.9319,80513,997468,777406,885
2013-09-27$3.86$5.5059.0%15.4%36.7%30.8%54.2%-0.3%-3.3%835.4K-35.7M-562.0K0.459.298,3783,762479,773418,210
2013-09-30$3.81$5.5060.2%15.7%34.4%32.5%53.8%2.3%-3.3%812.5K-31.7M-545.5K1.0111.0211,05011,207466,370415,479