AMD Options History — March 2023

In March 2023, AMD traded between $78.34 and $100.04. ATM implied volatility averaged 48.6%, placing in the 3.2% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 6.1% (HV 20d: 42.5%). Max pain ranged from $75.00 to $90.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.86.

Notable Days

2023-03-16: Highest Volume — 1,002,268 contracts
2023-03-09: Largest IV spike — 8.0% change
2023-03-15: Highest IV Rank — 4.5%
2023-03-20: Largest Expected Move — 15.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$90.56	$78.34	$100.04	$78.34	$97.94
Max Pain	$83.04	$75.00	$90.00	$75.00	$90.00
ATM IV	48.6%	44.2%	52.7%	47.0%	46.3%
Expected Move	13.7%	12.3%	15.0%	13.5%	12.3%
HV 20d	42.5%	38.5%	61.8%	61.8%	41.2%
HV 60d	51.3%	50.4%	52.5%	52.2%	50.6%
IV Rank	3.2%	1.8%	4.5%	2.7%	2.5%
IV Percentile	16.3%	0.8%	37.3%	7.1%	7.1%
Term Structure	0.9%	-2.0%	7.0%	-0.6%	7.0%
VWIV	48.3%	43.4%	52.8%	47.5%	43.4%
Skew 25d	5.3%	3.0%	7.1%	4.1%	5.3%
Skew 10d	10.1%	6.1%	13.5%	7.9%	10.1%
Call IV 25d	46.1%	41.6%	49.6%	45.0%	41.6%
Put IV 25d	51.4%	46.0%	56.6%	49.1%	46.8%
Bid-Ask Spread %	1.63	1.17	2.52	1.45	1.64
Gamma HHI	0.07	0.05	0.13	0.05	0.13
Net GEX	54.6M	2.4M	99.3M	2.4M	85.7M
Net DEX	-3.00B	-6.12B	-353.8M	-353.8M	-3.75B
Net VEX	-32.0M	-34.9M	-28.7M	-28.7M	-33.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.86	0.59	1.13	1.13	0.70
Total Volume	487,448.391	252,564	1,002,268	252,564	467,398
Total OI	2,528,516	2,300,385	2,852,377	2,397,653	2,675,721

Daily Data (23 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
2023-03-01	$78.34	$75.00	47.0%	13.5%	61.8%	2.7%	47.5%	4.1%	-0.6%	2.4M	-353.8M	-28.7M	1.13	1.45	118,808	133,756	1,187,191	1,210,462
2023-03-02	$80.82	$75.00	46.0%	13.4%	41.8%	2.4%	47.2%	3.7%	-0.7%	39.9M	-1.14B	-29.2M	0.66	1.89	259,195	170,813	1,201,417	1,234,544
2023-03-03	$81.50	$75.00	44.4%	12.6%	40.7%	1.9%	44.2%	3.0%	-0.4%	67.4M	-1.48B	-29.4M	0.59	2.52	268,869	159,734	1,236,234	1,272,423
2023-03-06	$81.37	$80.00	44.2%	12.7%	40.6%	1.8%	43.4%	4.1%	0.2%	32.4M	-1.19B	-28.9M	0.62	1.17	180,882	111,252	1,178,382	1,208,546
2023-03-07	$82.22	$80.00	45.3%	13.0%	39.6%	2.2%	44.5%	3.2%	-0.2%	38.4M	-1.45B	-29.5M	0.75	1.26	233,811	174,474	1,204,262	1,233,024
2023-03-08	$85.53	$80.00	45.7%	13.0%	41.1%	2.3%	45.1%	3.5%	0.1%	73.7M	-2.58B	-30.3M	0.77	1.48	275,154	211,626	1,237,373	1,261,711
2023-03-09	$83.87	$80.00	49.4%	13.7%	41.5%	3.4%	48.0%	3.5%	-0.3%	48.7M	-1.95B	-30.7M	0.93	1.65	303,000	281,506	1,272,298	1,302,818
2023-03-10	$82.59	$80.00	51.1%	14.1%	41.3%	4.0%	49.5%	5.2%	-1.1%	18.5M	-1.24B	-30.6M	1.06	1.66	283,190	300,904	1,301,385	1,337,700
2023-03-13	$82.61	$80.00	52.4%	14.4%	40.4%	4.3%	50.5%	6.4%	-2.0%	15.7M	-1.17B	-30.6M	1.06	1.52	183,582	194,426	1,226,874	1,290,370
2023-03-14	$86.53	$80.00	50.7%	14.3%	42.7%	3.8%	50.3%	5.9%	-0.8%	61.2M	-2.59B	-31.0M	0.98	1.45	239,121	234,235	1,251,192	1,326,754
2023-03-15	$89.88	$80.00	52.7%	14.8%	43.4%	4.5%	51.9%	7.1%	-1.0%	83.2M	-3.61B	-32.0M	0.86	2.05	252,451	216,011	1,275,563	1,360,463
2023-03-16	$96.37	$80.00	50.8%	14.4%	48.8%	3.9%	50.2%	5.5%	-0.7%	99.3M	-5.76B	-32.0M	0.79	1.69	559,056	443,212	1,294,887	1,392,572
2023-03-17	$97.95	$85.00	51.7%	14.5%	44.6%	4.1%	52.4%	6.3%	-1.9%	92.7M	-6.12B	-33.2M	0.71	2.08	458,584	325,329	1,354,161	1,498,216
2023-03-20	$96.47	$85.00	52.5%	15.0%	42.9%	4.4%	52.8%	6.7%	-0.3%	59.4M	-3.86B	-33.3M	0.94	1.76	251,648	237,732	1,133,467	1,166,918
2023-03-21	$96.47	$85.00	49.8%	14.2%	42.0%	3.6%	49.7%	6.4%	0.0%	59.6M	-3.91B	-33.3M	0.70	1.36	265,757	184,939	1,161,486	1,219,529
2023-03-22	$99.12	$85.00	49.7%	14.3%	41.6%	3.5%	50.6%	5.7%	0.3%	76.6M	-4.64B	-34.0M	0.89	1.96	373,550	334,127	1,189,923	1,256,109
2023-03-23	$100.04	$85.00	50.5%	14.5%	39.2%	3.8%	51.4%	6.3%	0.3%	66.9M	-4.81B	-34.5M	1.09	2.31	288,986	315,865	1,227,861	1,318,641
2023-03-24	$97.84	$90.00	49.1%	14.0%	38.5%	3.4%	48.9%	6.9%	0.4%	41.3M	-3.87B	-34.9M	0.93	1.27	230,713	215,474	1,255,543	1,367,287
2023-03-27	$96.97	$90.00	48.3%	13.7%	39.2%	3.1%	48.7%	6.4%	5.0%	45.4M	-3.50B	-34.1M	0.97	1.35	147,268	142,476	1,180,307	1,250,857
2023-03-28	$94.03	$90.00	48.6%	13.8%	41.7%	3.2%	49.0%	6.1%	5.1%	23.2M	-2.58B	-33.7M	0.86	1.38	209,621	179,927	1,199,525	1,282,066
2023-03-29	$96.44	$90.00	46.0%	12.9%	41.7%	2.4%	47.0%	5.6%	5.7%	52.2M	-3.42B	-33.7M	0.86	1.30	173,643	149,615	1,219,322	1,317,637
2023-03-30	$97.93	$90.00	46.0%	12.7%	41.0%	2.4%	44.1%	5.3%	6.0%	72.9M	-3.96B	-33.7M	0.98	1.37	236,710	232,883	1,235,553	1,347,294
2023-03-31	$97.94	$90.00	46.3%	12.3%	41.2%	2.5%	43.4%	5.3%	7.0%	85.7M	-3.75B	-33.9M	0.70	1.64	274,516	192,882	1,257,324	1,418,397