AMD Options History — May 2020

In May 2020, AMD traded between $49.84 and $56.33. ATM implied volatility averaged 52.0%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 2.0% (HV 20d: 54.0%). Max pain ranged from $45.00 to $52.50. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.53.

Notable Days

2020-05-27: Highest Volume — 515,219 contracts
2020-05-13: Largest IV spike — 13.5% change
2020-05-01: Highest IV Rank — 27.0%
2020-05-01: Largest Expected Move — 16.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.43	$49.84	$56.33	$49.84	$53.20
Max Pain	$48.27	$45.00	$52.50	$52.50	$51.00
ATM IV	52.0%	48.6%	58.3%	58.3%	49.5%
Expected Move	14.9%	13.8%	16.7%	16.7%	13.8%
HV 20d	54.0%	45.4%	71.2%	71.2%	46.2%
HV 60d	73.9%	70.5%	76.0%	74.9%	70.5%
IV Rank	19.5%	15.5%	27.0%	27.0%	16.5%
IV Percentile	45.1%	32.1%	69.8%	69.8%	34.5%
Term Structure	0.3%	-0.9%	1.2%	1.2%	0.8%
VWIV	52.2%	47.5%	59.9%	59.9%	47.5%
Skew 25d	7.1%	5.1%	9.7%	5.4%	6.4%
Skew 10d	14.2%	10.4%	18.5%	11.7%	13.6%
Call IV 25d	49.1%	45.9%	56.5%	56.5%	46.1%
Put IV 25d	56.2%	52.5%	61.9%	61.9%	52.5%
Bid-Ask Spread %	2.07	1.55	2.99	1.94	1.75
Gamma HHI	0.10	0.06	0.28	0.21	0.17
Net GEX	40.8M	-20.9M	90.8M	-20.9M	61.6M
Net DEX	-1.89B	-2.76B	-776.7M	-776.7M	-1.79B
Net VEX	-14.1M	-14.4M	-13.5M	-13.8M	-14.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.40	0.73	0.73	0.56
Total Volume	324,936.35	220,610	515,219	484,686	327,278
Total OI	2,111,386.85	1,820,359	2,306,299	2,306,299	2,093,751

Daily Data (20 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
2020-05-01	$49.84	$52.50	58.3%	16.7%	71.2%	27.0%	59.9%	5.4%	1.2%	-20.9M	-776.7M	-13.8M	0.73	1.94	279,635	205,051	1,258,279	1,048,020
2020-05-04	$52.33	$45.00	57.8%	16.5%	69.8%	26.4%	57.5%	6.2%	-0.6%	32.0M	-1.70B	-14.4M	0.42	2.99	239,908	101,095	1,158,377	982,623
2020-05-05	$51.89	$45.00	54.0%	15.6%	58.9%	22.0%	54.8%	6.2%	0.1%	33.4M	-1.59B	-14.3M	0.47	2.63	194,160	90,935	1,204,126	1,000,496
2020-05-06	$52.16	$45.00	53.6%	15.6%	58.6%	21.5%	54.0%	8.6%	0.1%	34.7M	-1.64B	-14.3M	0.62	2.33	136,472	84,138	1,218,889	1,015,164
2020-05-07	$51.83	$45.00	51.4%	15.0%	58.6%	18.8%	51.4%	7.9%	0.6%	30.4M	-1.51B	-14.0M	0.48	2.14	156,942	75,865	1,231,470	1,023,812
2020-05-08	$53.03	$45.00	49.4%	14.5%	58.6%	16.4%	49.2%	6.3%	0.4%	90.8M	-1.96B	-14.1M	0.57	1.66	185,452	106,272	1,252,757	1,031,368
2020-05-11	$55.59	$45.00	49.3%	14.4%	57.8%	16.3%	50.5%	6.3%	0.7%	55.4M	-2.76B	-14.1M	0.42	2.08	260,493	109,142	1,173,320	986,389
2020-05-12	$54.00	$46.00	49.9%	14.5%	52.6%	17.0%	51.5%	5.1%	0.8%	46.5M	-2.19B	-13.9M	0.54	2.61	167,502	90,090	1,204,959	1,009,141
2020-05-13	$51.89	$46.00	56.6%	16.2%	54.2%	25.0%	55.1%	7.4%	-0.5%	27.4M	-1.46B	-13.7M	0.72	2.59	285,135	205,047	1,213,241	1,017,124
2020-05-14	$54.11	$50.00	55.8%	15.7%	55.2%	24.0%	55.7%	9.2%	-0.9%	48.3M	-2.27B	-14.3M	0.53	2.88	229,122	121,769	1,219,662	1,033,236
2020-05-15	$54.08	$50.00	54.5%	15.6%	55.2%	22.6%	55.5%	9.7%	-0.6%	36.8M	-2.23B	-14.3M	0.59	1.84	228,143	133,569	1,238,095	1,042,773
2020-05-18	$54.64	$50.00	50.1%	14.4%	55.1%	17.3%	51.9%	9.5%	0.8%	37.3M	-2.07B	-14.1M	0.46	1.61	172,969	80,420	977,445	842,914
2020-05-19	$56.06	$50.00	50.6%	14.5%	48.9%	17.9%	50.5%	6.9%	0.2%	54.1M	-2.53B	-14.3M	0.41	1.68	248,861	101,087	1,034,574	862,938
2020-05-20	$56.33	$50.00	49.9%	14.3%	45.4%	17.1%	49.2%	6.5%	0.7%	59.5M	-2.60B	-14.4M	0.40	1.71	159,735	64,508	1,066,343	881,567
2020-05-21	$54.89	$50.00	50.7%	14.5%	46.3%	18.0%	50.1%	7.2%	1.0%	46.8M	-2.15B	-14.1M	0.59	1.55	166,963	98,111	1,078,999	889,226
2020-05-22	$55.07	$50.00	48.6%	13.9%	46.3%	15.5%	50.4%	7.6%	-0.0%	67.3M	-2.17B	-14.3M	0.64	2.04	156,558	100,415	1,104,616	911,196
2020-05-26	$53.26	$50.00	50.5%	14.4%	47.6%	17.7%	50.1%	6.4%	0.4%	27.3M	-1.67B	-13.5M	0.52	1.67	172,752	89,121	1,035,524	866,985
2020-05-27	$52.52	$50.00	49.6%	14.2%	47.6%	16.6%	49.6%	6.8%	0.2%	19.7M	-1.40B	-13.5M	0.48	2.07	348,556	166,663	1,068,672	893,474
2020-05-28	$51.84	$50.00	49.8%	14.3%	45.7%	16.9%	49.0%	6.4%	0.3%	26.8M	-1.35B	-13.9M	0.41	1.70	253,560	105,233	1,139,153	917,039
2020-05-29	$53.20	$51.00	49.5%	13.8%	46.2%	16.5%	47.5%	6.4%	0.8%	61.6M	-1.79B	-14.1M	0.56	1.75	210,430	116,848	1,157,481	936,270