AMD Options History — April 2014

In April 2014, AMD traded between $3.65 and $4.30. ATM implied volatility averaged 50.2%, placing in the 27.4% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 8.0% (HV 20d: 42.3%). 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 4 of 21 days. Put/call ratio averaged 0.59.

Notable Days

2014-04-11: Highest Volume — 92,703 contracts
2014-04-21: Largest IV drop — 31.6% change
2014-04-17: Highest IV Rank — 57.8%
2014-04-17: Largest Expected Move — 14.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.98	$3.65	$4.30	$4.07	$4.09
Max Pain	$3.50	$3.50	$3.50	$3.50	$3.50
ATM IV	50.2%	38.5%	63.4%	49.7%	39.3%
Expected Move	14.1%	13.5%	14.8%	14.2%	13.8%
HV 20d	42.3%	28.2%	58.9%	34.3%	58.1%
HV 60d	41.3%	33.3%	42.9%	42.8%	40.5%
IV Rank	27.4%	0.4%	57.8%	26.2%	2.2%
IV Percentile	35.1%	0.4%	79.8%	26.2%	0.8%
Term Structure	-1.3%	-4.5%	0.3%	-0.2%	0.3%
VWIV	49.1%	47.1%	51.9%	50.0%	48.4%
Skew 25d	0.0%	-6.7%	2.8%	1.8%	2.7%
Skew 10d	-1.7%	-14.7%	10.1%	2.6%	1.4%
Call IV 25d	52.6%	39.8%	68.9%	50.7%	39.8%
Put IV 25d	52.6%	41.5%	67.6%	52.5%	42.6%
Bid-Ask Spread %	10.74	6.16	17.47	10.73	8.22
Gamma HHI	0.24	0.20	0.29	0.23	0.26
Net GEX	683.0K	104.1K	1.6M	1.3M	283.9K
Net DEX	-43.3M	-77.5M	-16.8M	-75.6M	-31.8M
Net VEX	-670.5K	-706.6K	-640.2K	-706.6K	-678.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.59	0.15	2.12	0.49	0.45
Total Volume	38,243.857	9,514	92,703	39,631	9,993
Total OI	1,135,667.429	829,419	1,314,801	1,287,056	899,447

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
2014-04-01	$4.07	$3.50	49.7%	14.2%	34.3%	26.2%	50.0%	1.8%	-0.2%	1.3M	-75.6M	-706.6K	0.49	10.73	26,643	12,988	742,622	544,434
2014-04-02	$4.06	$3.50	51.3%	14.3%	34.4%	29.8%	49.7%	0.9%	-1.2%	1.4M	-77.5M	-704.2K	0.23	13.30	21,960	5,117	746,088	540,286
2014-04-03	$4.00	$3.50	52.0%	14.3%	35.0%	31.6%	49.1%	-0.7%	-1.3%	1.3M	-61.6M	-680.8K	0.35	11.99	16,836	5,812	731,848	539,175
2014-04-04	$4.01	$3.50	52.9%	13.9%	28.7%	33.6%	48.0%	1.4%	-0.8%	1.6M	-62.5M	-679.3K	0.59	15.78	21,410	12,725	738,717	543,070
2014-04-07	$3.88	$3.50	54.6%	14.1%	28.2%	37.6%	48.1%	2.3%	-3.0%	690.7K	-40.0M	-668.3K	1.13	17.47	15,751	17,747	732,934	541,671
2014-04-08	$3.99	$3.50	53.5%	14.3%	29.6%	34.9%	50.1%	-1.2%	-1.9%	850.1K	-56.0M	-672.7K	0.15	16.92	14,309	2,103	739,231	546,597
2014-04-09	$3.98	$3.50	54.2%	14.1%	29.2%	36.6%	47.7%	-1.2%	-3.3%	1.0M	-58.3M	-671.5K	1.03	13.77	14,567	15,049	747,849	547,358
2014-04-10	$3.85	$3.50	58.0%	14.4%	31.3%	45.2%	49.6%	-0.5%	-3.3%	631.8K	-38.7M	-661.1K	0.28	15.94	16,125	4,523	747,765	557,774
2014-04-11	$3.65	$3.50	57.7%	14.5%	36.6%	44.6%	51.0%	-6.7%	-4.5%	305.5K	-16.8M	-640.2K	0.29	9.49	71,713	20,990	754,558	557,689
2014-04-14	$3.71	$3.50	63.0%	14.7%	36.9%	56.8%	51.9%	-4.3%	0.0%	454.7K	-24.9M	-649.9K	1.23	10.06	26,706	32,933	749,259	553,863
2014-04-15	$3.79	$3.50	61.8%	14.5%	36.8%	54.1%	50.5%	-1.5%	-2.5%	673.6K	-32.9M	-669.2K	0.37	8.37	11,175	4,128	759,074	555,727
2014-04-16	$3.76	$3.50	60.7%	14.4%	35.7%	51.6%	49.4%	-0.7%	-0.3%	496.9K	-26.2M	-648.7K	0.33	8.34	44,532	14,515	754,901	554,615
2014-04-17	$3.69	$3.50	63.4%	14.8%	35.3%	57.8%	51.1%	-1.4%	-2.5%	104.1K	-17.3M	-643.7K	0.52	9.68	54,117	28,116	756,482	557,773
2014-04-21	$4.12	$3.50	43.4%	14.1%	53.9%	11.7%	48.1%	-0.2%	-1.5%	501.3K	-41.3M	-653.3K	0.26	8.44	66,731	17,670	406,840	422,579
2014-04-22	$4.30	$3.50	39.7%	13.8%	55.9%	3.2%	47.1%	2.0%	-0.2%	655.6K	-57.9M	-680.8K	0.34	7.83	32,667	10,961	429,724	428,181
2014-04-23	$4.25	$3.50	41.0%	13.8%	56.2%	6.3%	50.0%	1.3%	-1.6%	632.9K	-52.1M	-686.6K	0.45	7.14	12,443	5,574	437,899	436,366
2014-04-24	$4.28	$3.50	39.3%	13.5%	56.2%	2.3%	47.4%	1.2%	0.2%	631.1K	-57.8M	-656.9K	0.63	6.16	13,867	8,693	440,451	437,816
2014-04-25	$4.05	$3.50	38.5%	13.9%	58.4%	0.4%	48.1%	1.0%	-0.0%	438.8K	-37.0M	-667.8K	2.12	8.13	16,084	34,168	443,874	443,115
2014-04-28	$3.96	$3.50	41.0%	13.9%	58.9%	6.1%	48.6%	1.2%	0.1%	190.7K	-18.5M	-686.5K	0.96	9.55	16,393	15,773	428,529	457,488
2014-04-29	$4.03	$3.50	39.6%	13.9%	58.1%	3.0%	48.1%	2.8%	-0.2%	206.2K	-24.9M	-674.3K	0.22	8.17	7,779	1,735	433,198	462,149
2014-04-30	$4.09	$3.50	39.3%	13.8%	58.1%	2.2%	48.4%	2.7%	0.3%	283.9K	-31.8M	-678.7K	0.45	8.22	6,894	3,099	436,623	462,824