AMD Options History — September 2025

In September 2025, AMD traded between $151.01 and $161.72. ATM implied volatility averaged 43.2%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 4.8% (HV 20d: 38.4%). Max pain ranged from $140.00 to $150.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.52.

Notable Days

2025-09-05: Highest Volume — 1,262,924 contracts
2025-09-05: Largest IV spike — 6.2% change
2025-09-30: Highest IV Rank — 22.3%
2025-09-23: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$158.83	$151.01	$161.72	$161.61	$160.72
Max Pain	$146.43	$140.00	$150.00	$145.00	$150.00
ATM IV	43.2%	39.1%	47.0%	41.8%	47.0%
Expected Move	12.4%	11.4%	13.2%	12.3%	13.1%
HV 20d	38.4%	32.2%	47.3%	47.3%	32.2%
HV 60d	43.1%	40.0%	47.0%	45.2%	40.0%
IV Rank	15.5%	8.1%	22.3%	12.8%	22.3%
IV Percentile	40.8%	12.7%	61.1%	27.8%	61.1%
Term Structure	0.9%	-0.1%	5.1%	-0.1%	4.9%
VWIV	44.1%	41.1%	47.0%	43.7%	46.5%
Skew 25d	0.6%	-1.0%	3.1%	2.8%	0.4%
Skew 10d	1.8%	-1.6%	6.2%	6.1%	1.7%
Call IV 25d	43.7%	38.7%	48.3%	41.2%	48.2%
Put IV 25d	44.3%	40.8%	48.6%	44.0%	48.6%
Bid-Ask Spread %	1.90	1.38	2.72	1.91	1.61
Gamma HHI	0.05	0.04	0.13	0.05	0.05
Net GEX	133.7M	-73.3M	236.6M	96.0M	156.3M
Net DEX	-9.23B	-11.08B	-5.12B	-9.45B	-9.17B
Net VEX	-76.0M	-78.6M	-70.9M	-72.9M	-77.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.52	0.35	0.88	0.88	0.42
Total Volume	623,846.238	309,968	1,262,924	473,518	313,618
Total OI	3,849,746.714	3,471,498	4,274,446	3,680,613	3,567,113

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
2025-09-02	$161.61	$145.00	41.8%	12.3%	47.3%	12.8%	43.7%	2.8%	-0.1%	96.0M	-9.45B	-72.9M	0.88	1.91	251,459	222,059	1,956,967	1,723,646
2025-09-03	$161.43	$140.00	40.8%	11.9%	47.3%	11.1%	42.6%	2.9%	-0.1%	99.5M	-9.41B	-73.4M	0.56	1.64	236,547	133,172	2,003,669	1,765,918
2025-09-04	$161.72	$145.00	39.1%	11.4%	39.8%	8.1%	41.1%	2.1%	0.1%	106.4M	-9.60B	-73.0M	0.83	1.95	282,114	234,606	2,028,110	1,789,501
2025-09-05	$151.01	$145.00	41.6%	12.0%	41.5%	12.4%	42.3%	3.1%	0.1%	-73.3M	-5.12B	-70.9M	0.68	2.72	751,999	510,925	2,047,547	1,811,413
2025-09-08	$151.53	$145.00	41.0%	11.9%	41.6%	11.5%	42.2%	2.4%	0.5%	36.3M	-6.26B	-73.0M	0.58	1.38	345,287	199,630	2,022,920	1,811,200
2025-09-09	$155.38	$145.00	41.1%	11.8%	42.9%	11.7%	42.3%	1.2%	0.2%	107.8M	-8.33B	-75.2M	0.35	1.59	482,997	170,056	2,086,488	1,858,559
2025-09-10	$159.19	$145.00	42.1%	12.1%	43.9%	13.4%	43.0%	0.8%	0.2%	180.7M	-10.34B	-76.6M	0.44	1.83	537,988	234,229	2,140,053	1,879,978
2025-09-11	$155.97	$145.00	41.3%	11.9%	38.7%	12.0%	42.5%	0.4%	0.2%	114.0M	-8.55B	-75.8M	0.81	1.57	381,176	310,501	2,183,965	1,898,402
2025-09-12	$158.28	$145.00	41.8%	12.0%	39.5%	12.8%	42.8%	-0.0%	0.3%	171.9M	-10.06B	-77.0M	0.40	2.04	608,836	246,041	2,242,745	1,952,042
2025-09-15	$160.92	$145.00	43.3%	12.4%	40.1%	15.6%	44.2%	-0.7%	0.0%	163.9M	-11.08B	-76.9M	0.42	2.06	314,790	131,595	2,124,111	1,853,225
2025-09-16	$160.37	$145.00	43.4%	12.4%	40.0%	15.8%	44.2%	-0.1%	-0.1%	160.0M	-10.75B	-76.7M	0.43	2.06	216,134	93,834	2,159,933	1,871,087
2025-09-17	$159.50	$145.00	43.0%	12.3%	35.8%	15.0%	44.0%	0.2%	0.0%	157.8M	-10.29B	-76.1M	0.46	2.44	344,309	158,690	2,179,603	1,883,980
2025-09-18	$158.30	$145.00	44.6%	12.8%	35.6%	18.0%	45.5%	-0.6%	-0.1%	144.6M	-9.88B	-76.3M	0.55	1.71	774,718	425,546	2,217,985	1,893,463
2025-09-19	$156.99	$145.00	43.0%	12.3%	35.6%	15.1%	44.1%	-0.8%	0.2%	131.6M	-9.74B	-77.4M	0.42	2.23	522,849	218,199	2,313,443	1,961,003
2025-09-22	$160.04	$150.00	45.2%	13.0%	35.4%	19.0%	46.3%	-1.0%	1.1%	159.7M	-9.21B	-77.4M	0.37	1.70	477,937	177,165	1,877,522	1,593,976
2025-09-23	$160.16	$150.00	46.0%	13.2%	34.8%	20.4%	47.0%	-0.6%	1.2%	179.3M	-9.27B	-77.9M	0.41	1.82	361,799	146,779	1,934,243	1,630,613
2025-09-24	$160.70	$150.00	45.4%	13.0%	34.4%	19.5%	46.3%	-0.6%	1.6%	199.4M	-9.44B	-78.3M	0.37	1.93	417,850	153,096	1,965,599	1,658,454
2025-09-25	$161.18	$150.00	45.6%	13.1%	34.3%	19.8%	46.1%	0.3%	1.8%	236.6M	-9.78B	-78.6M	0.63	1.79	346,475	217,201	2,019,160	1,678,605
2025-09-26	$159.07	$150.00	44.0%	12.3%	34.2%	16.9%	43.9%	0.6%	2.7%	121.2M	-8.57B	-78.1M	0.47	2.27	433,062	204,487	2,031,514	1,707,689
2025-09-29	$161.40	$150.00	46.7%	13.0%	32.2%	21.7%	45.9%	-0.0%	5.1%	157.0M	-9.52B	-77.7M	0.39	1.64	368,218	142,798	1,885,586	1,633,651
2025-09-30	$160.72	$150.00	47.0%	13.1%	32.2%	22.3%	46.5%	0.4%	4.9%	156.3M	-9.17B	-77.5M	0.42	1.61	220,547	93,071	1,920,244	1,646,869