AMD Options History — February 2014

In February 2014, AMD traded between $3.31 and $3.72. ATM implied volatility averaged 45.3%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded below realized volatility by 3.6% (HV 20d: 48.9%). Max pain ranged from $3.50 to $4.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.67.

Notable Days

  • 2014-02-21: Highest Volume — 33,956 contracts
  • 2014-02-07: Largest IV drop — 7.1% change
  • 2014-02-03: Highest IV Rank — 31.8%
  • 2014-02-05: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.61$3.31$3.72$3.33$3.71
Max Pain$3.97$3.50$4.00$4.00$3.50
ATM IV45.3%41.8%52.1%52.1%42.0%
Expected Move15.4%15.0%15.9%15.8%15.1%
HV 20d48.9%26.1%63.7%60.4%26.1%
HV 60d40.8%40.0%41.5%40.4%40.0%
IV Rank16.0%8.0%31.8%31.8%8.5%
IV Percentile6.0%0.4%32.1%32.1%0.8%
Term Structure0.8%-2.4%3.4%0.3%1.5%
VWIV53.9%52.7%55.9%55.9%53.5%
Skew 25d2.1%-3.9%5.3%1.6%-1.0%
Skew 10d5.2%-12.6%17.4%6.3%-12.6%
Call IV 25d46.0%40.8%53.7%53.7%41.0%
Put IV 25d48.1%40.0%55.3%55.3%40.0%
Bid-Ask Spread %10.768.4414.6513.7911.09
Gamma HHI0.190.160.220.180.22
Net GEX494.3K316.7K718.1K350.1K432.3K
Net DEX-27.6M-42.4M4.8M274.7K-36.2M
Net VEX-744.3K-786.2K-719.4K-742.1K-728.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.164.440.250.43
Total Volume16,933.4748,48233,95615,20513,592
Total OI1,284,818.8421,154,3381,339,4801,314,2251,191,585

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-02-03$3.33$4.0052.1%15.8%60.4%31.8%55.9%1.6%0.3%350.1K274.7K-742.1K0.2513.7912,1463,059783,632530,593
2014-02-04$3.37$4.0050.5%15.8%59.0%28.2%55.5%3.5%-1.1%316.7K-95.3K-728.2K0.9914.657,8597,784787,780531,379
2014-02-05$3.31$4.0048.4%15.9%58.5%23.2%55.4%2.5%2.3%373.2K4.8M-719.4K0.4214.4511,7984,938791,932532,986
2014-02-06$3.41$4.0047.9%15.4%60.2%22.0%55.6%1.8%1.6%374.4K-4.8M-731.7K0.698.448,7236,031793,851532,751
2014-02-07$3.47$4.0044.4%15.4%60.8%14.1%53.3%4.5%1.2%468.6K-11.2M-742.0K0.3910.9510,0763,904798,134533,720
2014-02-10$3.63$4.0046.3%15.4%63.0%18.3%53.0%3.0%-1.2%486.0K-24.1M-738.3K0.289.4715,5854,363780,107521,498
2014-02-11$3.70$4.0047.7%15.4%63.7%21.5%53.8%3.7%-2.4%718.1K-42.4M-768.3K0.509.6913,3036,593785,235523,004
2014-02-12$3.69$4.0046.6%15.3%61.3%19.0%52.7%2.1%0.4%616.6K-40.4M-765.8K0.639.6214,1838,892789,525525,533
2014-02-13$3.70$4.0047.1%15.7%59.0%20.3%55.3%1.5%-1.0%602.8K-37.7M-786.2K0.269.117,3231,873801,013532,931
2014-02-14$3.69$4.0044.1%15.6%58.9%13.3%52.8%2.8%-2.0%552.0K-37.0M-764.1K0.7410.687,7665,734805,624533,856
2014-02-18$3.70$4.0044.4%15.3%57.3%14.1%53.7%2.1%1.0%549.3K-35.7M-756.9K0.3612.0912,2764,363793,759532,462
2014-02-19$3.72$4.0043.5%15.3%57.4%11.9%52.7%2.3%3.0%621.4K-38.6M-761.4K0.2810.056,6221,860801,309534,053
2014-02-20$3.69$4.0043.5%15.4%35.0%11.9%53.0%-1.8%2.2%497.9K-34.5M-747.0K0.5610.0818,68810,379799,391532,293
2014-02-21$3.69$4.0041.8%15.2%34.6%8.0%53.4%-3.9%3.4%523.8K-35.9M-733.8K0.459.2123,44310,513796,457529,383
2014-02-24$3.71$4.0042.7%15.4%30.6%10.1%54.6%3.2%2.9%563.2K-37.7M-729.6K0.5211.348,6394,452669,837484,501
2014-02-25$3.69$4.0042.5%15.3%29.8%9.7%53.3%5.3%1.4%496.5K-37.2M-732.5K4.449.724,22818,779677,098487,309
2014-02-26$3.70$4.0042.3%15.0%27.1%9.1%53.5%3.6%0.9%402.3K-37.5M-735.3K0.399.858,7823,437679,326502,301
2014-02-27$3.71$4.0042.5%15.2%26.1%9.6%52.7%2.9%1.4%447.2K-39.4M-731.1K0.1610.198,3801,370680,758504,652
2014-02-28$3.71$3.5042.0%15.1%26.1%8.5%53.5%-1.0%1.5%432.3K-36.2M-728.2K0.4311.099,5344,058686,283505,302