AMD Options History — March 2014

In March 2014, AMD traded between $3.67 and $4.05. ATM implied volatility averaged 50.1%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 22.2% (HV 20d: 27.9%). Max pain ranged from $3.50 to $3.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.67.

Notable Days

2014-03-07: Highest Volume — 61,140 contracts
2014-03-10: Largest IV spike — 10.7% change
2014-03-26: Highest IV Rank — 42.6%
2014-03-11: Largest Expected Move — 15.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.89	$3.67	$4.05	$3.67	$4.01
Max Pain	$3.50	$3.50	$3.50	$3.50	$3.50
ATM IV	50.1%	41.9%	56.8%	44.0%	52.2%
Expected Move	14.8%	14.4%	15.2%	15.2%	14.4%
HV 20d	27.9%	20.9%	34.1%	25.8%	34.1%
HV 60d	41.6%	39.7%	42.8%	40.0%	42.8%
IV Rank	27.1%	8.2%	42.6%	13.1%	31.9%
IV Percentile	30.0%	0.8%	54.4%	4.0%	42.9%
Term Structure	2.3%	-2.4%	13.2%	0.5%	-1.4%
VWIV	51.4%	48.2%	54.7%	52.5%	50.9%
Skew 25d	-0.7%	-5.3%	2.7%	0.1%	2.2%
Skew 10d	-0.8%	-16.1%	10.1%	-1.4%	7.8%
Call IV 25d	53.2%	42.2%	62.7%	45.7%	53.4%
Put IV 25d	52.4%	42.8%	60.3%	45.8%	55.5%
Bid-Ask Spread %	12.38	9.58	16.64	13.41	11.80
Gamma HHI	0.22	0.19	0.31	0.22	0.22
Net GEX	1.0M	351.0K	2.3M	380.1K	1.1M
Net DEX	-57.5M	-84.5M	-31.8M	-31.8M	-66.7M
Net VEX	-753.7K	-780.6K	-714.4K	-720.9K	-715.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.12	3.23	3.23	0.54
Total Volume	21,640.048	6,057	61,140	30,291	12,508
Total OI	1,263,653.762	1,189,795	1,308,705	1,189,795	1,276,254

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2014-03-03	$3.67	$3.50	44.0%	15.2%	25.8%	13.1%	52.5%	0.1%	0.5%	380.1K	-31.8M	-720.9K	3.23	13.41	7,155	23,136	684,876	504,919
2014-03-04	$3.70	$3.50	42.6%	15.1%	22.7%	9.9%	50.8%	2.7%	-0.6%	351.0K	-33.8M	-749.9K	0.35	16.64	6,910	2,415	688,931	525,896
2014-03-05	$3.71	$3.50	43.1%	15.1%	22.6%	10.9%	52.3%	2.1%	-0.2%	382.5K	-35.5M	-745.6K	1.23	11.39	4,208	5,189	692,339	525,470
2014-03-06	$3.73	$3.50	41.9%	15.2%	20.9%	8.2%	52.7%	0.8%	-1.6%	384.3K	-37.4M	-743.1K	0.36	11.95	5,553	2,006	694,119	530,186
2014-03-07	$3.95	$3.50	42.9%	14.7%	26.6%	10.7%	52.1%	-2.0%	-0.2%	899.0K	-66.5M	-759.1K	0.13	10.74	54,144	6,996	696,039	531,359
2014-03-10	$3.81	$3.50	47.5%	15.2%	30.4%	21.2%	52.5%	-2.0%	7.3%	646.0K	-49.0M	-757.9K	1.45	14.16	21,749	31,585	709,276	530,725
2014-03-11	$3.85	$3.50	46.6%	15.2%	26.5%	19.2%	51.4%	-3.0%	10.8%	658.8K	-52.0M	-780.6K	0.28	12.97	18,170	5,135	718,043	553,704
2014-03-12	$3.91	$3.50	45.2%	14.9%	26.3%	15.8%	52.2%	-3.6%	9.9%	788.4K	-58.1M	-767.2K	0.20	11.87	7,770	1,549	724,482	554,997
2014-03-13	$3.86	$3.50	45.9%	14.9%	26.8%	17.5%	52.1%	-5.3%	13.2%	825.6K	-53.2M	-771.5K	1.83	9.84	7,065	12,915	728,133	555,603
2014-03-14	$3.85	$3.50	49.8%	15.0%	26.8%	26.3%	54.7%	-0.8%	13.0%	769.4K	-49.6M	-770.4K	0.37	12.07	4,408	1,649	731,276	558,088
2014-03-17	$3.80	$3.50	54.0%	14.8%	27.3%	36.1%	51.9%	0.3%	1.6%	636.3K	-45.8M	-748.4K	0.50	13.51	11,151	5,623	725,031	547,776
2014-03-18	$3.89	$3.50	54.2%	14.8%	28.4%	36.6%	52.8%	-2.7%	0.3%	1.2M	-57.8M	-749.7K	0.28	12.24	12,142	3,372	730,479	551,381
2014-03-19	$3.98	$3.50	54.3%	14.9%	29.3%	36.8%	51.9%	-2.1%	1.7%	1.8M	-71.1M	-768.4K	0.12	11.44	21,834	2,701	735,041	552,075
2014-03-20	$4.05	$3.50	55.3%	14.8%	29.4%	39.0%	48.8%	-3.1%	1.9%	2.3M	-84.5M	-775.6K	0.76	10.18	14,387	11,003	744,307	552,462
2014-03-21	$4.04	$3.50	53.7%	14.6%	29.5%	35.4%	51.5%	-2.5%	0.3%	2.3M	-81.0M	-773.4K	0.18	12.42	23,228	4,203	748,705	560,000
2014-03-24	$4.05	$3.50	56.8%	14.7%	29.5%	42.5%	49.6%	0.5%	-2.4%	1.3M	-77.6M	-762.2K	0.90	11.21	15,544	13,991	729,187	524,740
2014-03-25	$4.05	$3.50	55.6%	14.4%	29.3%	39.7%	50.8%	1.2%	-1.7%	1.3M	-77.2M	-761.6K	0.62	9.58	7,461	4,597	736,723	534,519
2014-03-26	$4.05	$3.50	56.8%	14.5%	29.3%	42.6%	50.5%	0.9%	-2.3%	1.3M	-76.6M	-757.0K	0.12	14.97	12,765	1,567	738,188	539,593
2014-03-27	$3.91	$3.50	55.3%	14.7%	32.5%	39.1%	49.4%	0.1%	-2.1%	1.1M	-56.8M	-736.9K	0.26	13.51	27,689	7,306	743,987	540,209
2014-03-28	$3.88	$3.50	54.4%	14.6%	32.7%	37.0%	48.2%	0.3%	-0.8%	771.0K	-44.9M	-714.4K	0.38	14.16	8,427	3,235	743,039	544,572
2014-03-31	$4.01	$3.50	52.2%	14.4%	34.1%	31.9%	50.9%	2.2%	-1.4%	1.1M	-66.7M	-715.0K	0.54	11.80	8,104	4,404	736,420	539,834