AMD Options History — May 2014

In May 2014, AMD traded between $3.87 and $4.20. ATM implied volatility averaged 34.9%, placing in the 0.7% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 9.4% (HV 20d: 44.3%). Max pain ranged from $3.50 to $4.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2014-05-19: Highest Volume — 32,445 contracts
  • 2014-05-21: Largest IV drop — 4.7% change
  • 2014-05-01: Highest IV Rank — 3.4%
  • 2014-05-14: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.02$3.87$4.20$4.20$4.00
Max Pain$3.83$3.50$4.00$3.50$4.00
ATM IV34.9%30.7%39.8%39.8%31.2%
Expected Move13.6%13.5%13.8%13.7%13.7%
HV 20d44.3%22.1%59.1%58.8%22.1%
HV 60d40.5%39.6%40.9%40.8%40.9%
IV Rank0.7%0.0%3.4%3.4%0.9%
IV Percentile0.5%0.0%2.4%2.4%0.8%
Term Structure0.7%-1.5%2.3%0.1%0.2%
VWIV47.9%46.9%50.0%48.1%47.6%
Skew 25d2.3%-2.3%4.5%1.9%3.6%
Skew 10d6.9%-4.0%38.8%2.8%5.8%
Call IV 25d36.1%31.3%40.9%39.4%31.3%
Put IV 25d38.4%33.3%42.4%41.3%34.9%
Bid-Ask Spread %6.254.657.986.625.01
Gamma HHI0.250.220.310.270.22
Net GEX313.4K2.2K854.8K351.5K2.2K
Net DEX-23.2M-40.6M-10.0M-40.6M-19.9M
Net VEX-664.1K-693.5K-633.3K-691.2K-640.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.142.150.240.22
Total Volume14,529.6675,39932,44518,8697,513
Total OI918,140.381895,621936,187903,688936,187

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-05-01$4.20$3.5039.8%13.7%58.8%3.4%48.1%1.9%0.1%351.5K-40.6M-691.2K0.246.6215,2523,617439,678464,010
2014-05-02$4.12$3.5039.3%13.6%59.0%2.3%47.8%1.6%-0.3%279.3K-33.2M-693.5K1.086.3413,11614,111438,877465,932
2014-05-05$4.09$3.5038.6%13.7%59.1%0.7%47.6%1.8%2.1%302.8K-28.1M-680.5K0.626.5611,2547,003437,141462,877
2014-05-06$4.01$3.5038.6%13.7%58.3%0.7%48.5%0.7%0.8%232.4K-21.7M-688.0K0.406.787,6233,046440,865464,126
2014-05-07$3.97$3.5038.3%13.6%57.5%0.0%47.0%4.1%0.8%226.7K-16.8M-668.3K0.156.8415,1502,338443,747466,067
2014-05-08$3.93$3.5037.5%13.7%57.6%0.0%47.9%0.6%0.9%226.3K-14.0M-669.0K0.146.597,7431,084453,001467,501
2014-05-09$3.87$3.5037.8%13.7%56.6%0.5%47.9%-2.3%-1.5%159.5K-10.0M-664.0K2.156.025,70612,254455,501467,711
2014-05-12$3.97$4.0036.0%13.5%53.6%0.0%47.9%2.6%0.3%278.5K-18.9M-669.0K0.225.477,5611,684449,526470,130
2014-05-13$4.03$4.0036.2%13.6%53.5%0.4%48.0%0.4%0.2%422.6K-24.7M-664.4K0.464.657,9963,674452,378470,961
2014-05-14$3.98$4.0035.5%13.8%53.4%0.0%48.9%3.3%-0.4%476.7K-19.5M-672.3K0.555.525,6383,084455,559472,831
2014-05-15$3.96$4.0035.5%13.5%53.4%0.0%47.1%4.1%-0.8%557.7K-17.6M-665.6K0.967.989,3658,967456,311472,233
2014-05-16$4.02$4.0034.1%13.7%52.9%0.0%47.8%3.9%1.0%854.8K-24.3M-675.8K0.147.7514,1112,015458,761473,958
2014-05-19$4.09$4.0033.4%13.6%35.7%0.0%47.0%3.6%2.3%351.5K-28.9M-658.4K0.926.8416,86515,580439,425456,196
2014-05-20$4.05$4.0033.0%13.5%32.0%0.0%47.0%1.9%1.7%440.9K-26.8M-664.5K0.956.516,7946,488447,151460,883
2014-05-21$4.10$4.0031.5%13.5%32.3%0.0%47.5%4.5%2.1%338.3K-30.9M-655.6K2.026.244,5189,142450,480464,804
2014-05-22$4.01$4.0031.1%13.7%32.9%0.0%47.9%2.9%1.7%402.2K-22.6M-655.6K0.415.073,8201,579452,814472,626
2014-05-23$4.02$4.0030.7%13.5%26.5%0.0%46.9%0.4%1.8%123.1K-21.9M-649.3K0.146.6613,4171,944453,683472,916
2014-05-27$4.04$4.0032.0%13.6%25.3%2.4%49.8%4.1%0.5%177.2K-24.1M-633.3K0.475.368,0733,811447,455468,740
2014-05-28$4.00$4.0031.6%13.7%24.8%1.8%50.0%3.2%0.8%204.7K-20.5M-639.7K1.116.136,5777,284452,771471,865
2014-05-29$4.03$4.0031.5%13.6%24.3%1.5%47.8%0.5%0.2%171.7K-22.6M-646.5K0.226.396,8071,519456,631476,639
2014-05-30$4.00$4.0031.2%13.7%22.1%0.9%47.6%3.6%0.2%2.2K-19.9M-640.7K0.225.016,1491,364458,727477,460