AMD Options History — December 2025

In December 2025, AMD traded between $197.93 and $222.16. ATM implied volatility averaged 46.9%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 5.0% (HV 20d: 52.0%). Max pain ranged from $160.00 to $180.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.73.

Notable Days

2025-12-05: Highest Volume — 688,284 contracts
2025-12-08: Largest IV spike — 6.0% change
2025-12-01: Highest IV Rank — 29.6%
2025-12-01: Largest Expected Move — 15.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$214.32	$197.93	$222.16	$220.29	$214.97
Max Pain	$165.45	$160.00	$180.00	$180.00	$165.00
ATM IV	46.9%	42.0%	51.0%	51.0%	45.2%
Expected Move	13.6%	12.1%	15.6%	15.6%	12.7%
HV 20d	52.0%	37.1%	67.2%	67.2%	37.1%
HV 60d	72.5%	58.1%	74.8%	72.1%	58.1%
IV Rank	19.5%	9.0%	29.6%	29.6%	15.1%
IV Percentile	48.8%	22.2%	65.9%	65.9%	43.3%
Term Structure	1.6%	-0.9%	7.6%	1.2%	7.6%
VWIV	48.6%	43.5%	56.1%	56.1%	44.8%
Skew 25d	1.7%	0.3%	4.0%	1.9%	0.6%
Skew 10d	4.2%	1.4%	7.3%	5.3%	1.7%
Call IV 25d	46.8%	42.2%	51.1%	50.5%	45.8%
Put IV 25d	48.5%	43.2%	53.0%	52.5%	46.3%
Bid-Ask Spread %	2.41	1.61	2.87	1.74	2.17
Gamma HHI	0.07	0.03	0.32	0.04	0.06
Net GEX	124.5M	-45.2M	340.2M	148.0M	120.3M
Net DEX	-13.59B	-16.71B	-8.55B	-16.16B	-12.38B
Net VEX	-85.6M	-90.5M	-81.2M	-89.9M	-82.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.42	1.05	0.76	0.43
Total Volume	388,302	136,826	688,284	410,853	291,725
Total OI	3,554,948.5	3,170,765	3,819,560	3,585,015	3,247,779

Daily Data (22 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
2025-12-01	$220.29	$180.00	51.0%	15.6%	67.2%	29.6%	56.1%	1.9%	1.2%	148.0M	-16.16B	-89.9M	0.76	1.74	233,267	177,586	1,848,603	1,736,412
2025-12-02	$214.94	$180.00	51.0%	15.6%	67.2%	29.5%	55.2%	2.5%	0.9%	103.2M	-14.28B	-88.8M	0.76	1.61	306,725	234,495	1,883,655	1,782,122
2025-12-03	$216.94	$180.00	49.1%	14.8%	67.1%	26.1%	52.8%	1.9%	1.1%	147.7M	-14.92B	-90.5M	0.92	1.69	168,745	156,050	1,933,802	1,819,131
2025-12-04	$215.06	$160.00	48.9%	14.4%	66.2%	25.5%	51.8%	2.7%	1.1%	114.6M	-14.16B	-89.8M	0.94	2.73	195,400	183,040	1,948,029	1,848,012
2025-12-05	$217.52	$160.00	47.6%	14.2%	61.8%	23.0%	50.4%	2.1%	1.7%	178.5M	-15.19B	-89.9M	0.51	2.42	456,061	232,223	1,962,390	1,857,170
2025-12-08	$220.39	$160.00	50.4%	14.7%	61.1%	28.2%	52.5%	1.1%	0.4%	132.8M	-16.10B	-89.0M	0.61	2.75	210,279	127,316	1,825,099	1,760,120
2025-12-09	$221.34	$160.00	49.4%	14.4%	57.0%	26.1%	51.1%	1.4%	0.5%	153.2M	-16.46B	-88.1M	0.68	2.58	153,991	105,196	1,864,995	1,787,662
2025-12-10	$222.16	$160.00	48.6%	14.1%	56.5%	23.8%	50.7%	0.8%	0.7%	167.9M	-16.71B	-88.4M	0.80	2.63	126,923	102,022	1,880,284	1,802,234
2025-12-11	$220.81	$160.00	47.8%	13.9%	48.3%	19.9%	49.5%	1.3%	0.8%	152.2M	-16.18B	-86.9M	0.88	2.84	280,161	247,827	1,891,347	1,811,373
2025-12-12	$210.56	$160.00	48.2%	13.9%	49.7%	20.7%	49.4%	2.5%	0.7%	-45.0M	-12.29B	-85.6M	0.75	2.84	361,674	271,261	1,919,664	1,843,180
2025-12-15	$207.06	$165.00	48.5%	13.9%	49.8%	21.4%	49.3%	2.3%	-0.2%	28.0M	-11.67B	-84.1M	0.82	2.66	182,225	150,048	1,844,121	1,764,995
2025-12-16	$209.38	$165.00	46.8%	13.4%	49.4%	18.1%	47.8%	2.2%	-0.4%	47.4M	-12.51B	-83.0M	1.04	2.47	147,806	153,315	1,867,730	1,778,401
2025-12-17	$197.93	$165.00	48.5%	13.9%	51.9%	21.3%	49.1%	4.0%	-0.8%	-45.2M	-8.55B	-81.2M	0.71	2.87	302,315	215,170	1,884,341	1,809,039
2025-12-18	$202.09	$165.00	45.8%	13.2%	51.6%	16.3%	46.2%	2.9%	-0.4%	-8.5M	-10.22B	-82.1M	1.05	2.59	237,261	248,685	1,926,668	1,825,977
2025-12-19	$214.47	$165.00	45.1%	13.0%	49.6%	15.0%	46.3%	1.7%	-0.9%	254.2M	-15.32B	-84.5M	0.84	2.36	364,140	305,380	1,950,434	1,844,452
2025-12-22	$214.67	$165.00	43.7%	12.6%	49.4%	12.2%	44.9%	1.5%	2.0%	137.4M	-12.55B	-83.5M	0.53	2.51	207,646	109,505	1,613,157	1,566,926
2025-12-23	$214.13	$165.00	43.0%	12.4%	45.3%	10.9%	44.6%	1.2%	2.1%	170.0M	-12.61B	-83.7M	0.60	2.50	191,960	114,606	1,667,683	1,585,969
2025-12-24	$214.95	$165.00	42.0%	12.1%	41.5%	9.0%	43.5%	1.0%	1.8%	191.2M	-12.79B	-84.4M	0.42	2.43	96,669	40,157	1,691,164	1,619,636
2025-12-26	$214.90	$165.00	43.4%	12.3%	38.8%	11.6%	43.9%	0.9%	2.3%	340.2M	-12.82B	-83.1M	0.48	2.41	260,872	125,116	1,697,095	1,622,875
2025-12-29	$215.57	$165.00	44.7%	12.6%	38.7%	14.2%	44.8%	0.3%	6.5%	126.6M	-12.62B	-82.7M	0.83	2.16	144,236	119,546	1,607,982	1,562,783
2025-12-30	$215.01	$165.00	43.7%	12.2%	38.1%	12.1%	43.5%	0.4%	7.2%	124.7M	-12.45B	-82.3M	0.60	2.04	127,568	76,451	1,628,094	1,596,282
2025-12-31	$214.97	$165.00	45.2%	12.7%	37.1%	15.1%	44.8%	0.6%	7.6%	120.3M	-12.38B	-82.6M	0.43	2.17	203,401	88,324	1,640,071	1,607,708