AMRN Options History — January 2020

In January 2020, AMRN traded between $18.47 and $21.48. ATM implied volatility averaged 75.4%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 30.3% (HV 20d: 45.1%). Max pain ranged from $17.00 to $22.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.41.

Notable Days

2020-01-16: Highest Volume — 118,258 contracts
2020-01-06: Largest IV spike — 41.6% change
2020-01-06: Highest IV Rank — 30.5%
2020-01-09: Largest Expected Move — 24.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.02	$18.47	$21.48	$21.48	$18.47
Max Pain	$20.26	$17.00	$22.00	$17.00	$19.50
ATM IV	75.4%	62.7%	88.9%	71.7%	79.5%
Expected Move	20.8%	17.0%	24.4%	20.3%	18.6%
HV 20d	45.1%	39.5%	50.2%	43.4%	50.1%
HV 60d	69.5%	67.7%	71.3%	67.7%	71.3%
IV Rank	20.0%	10.0%	30.5%	17.0%	23.1%
IV Percentile	57.2%	25.0%	85.3%	45.6%	65.9%
Term Structure	5.2%	-11.6%	30.3%	12.8%	-11.6%
VWIV	72.9%	60.4%	86.2%	72.3%	64.6%
Skew 25d	3.0%	-29.4%	28.1%	3.7%	10.0%
Skew 10d	14.9%	-21.5%	55.6%	-21.5%	39.2%
Call IV 25d	79.1%	61.2%	115.3%	110.4%	75.5%
Put IV 25d	82.1%	60.9%	122.7%	114.1%	85.5%
Bid-Ask Spread %	30.96	10.97	52.82	29.94	25.66
Gamma HHI	0.14	0.08	0.62	0.11	0.08
Net GEX	8.1M	2.5M	21.6M	10.7M	2.5M
Net DEX	-291.8M	-461.2M	-96.3M	-461.2M	-96.3M
Net VEX	-1.7M	-1.8M	-1.6M	-1.7M	-1.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.41	0.15	1.00	0.38	0.28
Total Volume	52,113.333	20,420	118,258	27,367	46,712
Total OI	720,834.048	531,344	907,307	753,221	646,376

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
2020-01-02	$21.48	$17.00	71.7%	20.3%	43.4%	17.0%	72.3%	3.7%	12.8%	10.7M	-461.2M	-1.7M	0.38	29.94	19,890	7,477	582,014	171,207
2020-01-03	$20.84	$17.00	62.7%	20.5%	44.7%	10.0%	73.4%	1.5%	2.2%	9.3M	-396.0M	-1.6M	0.32	52.82	25,628	8,281	589,047	175,501
2020-01-06	$21.13	$22.00	88.9%	20.8%	39.8%	30.5%	72.7%	28.1%	10.3%	9.3M	-419.3M	-1.6M	0.15	33.64	33,292	4,892	575,574	168,872
2020-01-07	$20.32	$22.00	69.4%	22.2%	39.5%	15.2%	75.7%	-3.4%	2.7%	8.8M	-354.5M	-1.6M	0.16	39.66	76,108	11,947	592,626	170,867
2020-01-08	$19.43	$22.00	86.4%	24.3%	41.3%	28.6%	84.4%	2.8%	-0.9%	7.2M	-278.4M	-1.6M	0.33	13.62	74,059	24,205	610,941	180,417
2020-01-09	$20.03	$21.00	82.8%	24.4%	42.7%	25.7%	84.7%	1.6%	-2.9%	9.3M	-361.7M	-1.7M	0.38	10.97	37,998	14,471	638,382	190,203
2020-01-10	$19.02	$21.00	82.1%	23.8%	43.7%	25.2%	82.8%	4.3%	-4.3%	7.5M	-254.6M	-1.6M	0.53	36.13	34,353	18,156	652,976	198,142
2020-01-13	$19.76	$21.00	84.8%	24.3%	46.6%	27.3%	86.2%	-29.4%	6.6%	8.1M	-339.2M	-1.6M	0.24	39.38	58,338	14,094	632,351	191,071
2020-01-14	$19.37	$21.00	83.2%	22.4%	46.3%	26.1%	79.5%	6.5%	-5.6%	7.5M	-287.8M	-1.6M	0.39	16.14	21,504	8,478	650,052	199,183
2020-01-15	$19.40	$21.00	80.6%	23.2%	46.3%	24.0%	79.0%	-9.1%	1.5%	7.7M	-287.1M	-1.6M	0.48	21.93	32,879	15,908	653,321	201,850
2020-01-16	$20.06	$21.00	70.7%	22.0%	42.1%	16.2%	76.2%	-3.2%	7.5%	12.5M	-369.1M	-1.6M	0.38	37.60	85,577	32,681	657,833	208,943
2020-01-17	$19.88	$20.00	74.8%	21.8%	41.6%	19.4%	78.2%	6.0%	2.9%	21.6M	-326.5M	-1.7M	0.31	33.05	46,426	14,325	683,047	224,260
2020-01-21	$21.01	$20.00	72.5%	20.8%	46.0%	17.6%	73.0%	3.1%	9.3%	5.7M	-303.1M	-1.8M	0.29	28.94	68,788	20,152	381,357	149,987
2020-01-22	$20.79	$20.00	67.2%	19.3%	46.0%	13.5%	67.3%	4.0%	8.0%	7.2M	-296.7M	-1.8M	0.32	28.84	22,468	7,186	418,561	160,973
2020-01-23	$20.79	$20.00	64.3%	18.3%	46.0%	11.2%	64.1%	5.7%	12.1%	7.6M	-297.7M	-1.8M	0.25	51.88	16,291	4,129	424,471	164,057
2020-01-24	$20.23	$20.00	67.3%	17.6%	46.7%	13.6%	61.5%	-1.1%	9.0%	6.1M	-247.6M	-1.7M	0.70	24.12	19,918	13,928	430,262	166,268
2020-01-27	$19.72	$20.00	75.4%	20.0%	46.8%	19.9%	70.1%	6.6%	6.5%	5.6M	-201.6M	-1.7M	0.67	21.17	18,588	12,459	411,042	163,024
2020-01-28	$20.30	$20.00	72.5%	18.4%	48.3%	17.6%	64.5%	19.2%	30.3%	7.0M	-243.9M	-1.7M	0.51	31.32	20,278	10,249	418,683	167,397
2020-01-29	$19.38	$20.00	66.4%	17.1%	50.2%	12.8%	60.4%	2.2%	8.7%	5.5M	-166.1M	-1.6M	1.00	40.19	30,017	29,980	427,153	172,698
2020-01-30	$19.04	$20.00	81.2%	17.0%	49.5%	24.5%	60.5%	3.1%	3.8%	4.5M	-138.5M	-1.7M	0.56	33.06	20,640	11,630	440,028	196,498
2020-01-31	$18.47	$19.50	79.5%	18.6%	50.1%	23.1%	64.6%	10.0%	-11.6%	2.5M	-96.3M	-1.6M	0.28	25.66	36,482	10,230	444,377	201,999