AMRN Options History — March 2020

In March 2020, AMRN traded between $4.03 and $15.98. ATM implied volatility averaged 197.2%, placing in the 90.0% IV rank vs the trailing year. The 30-day expected move averaged 54.3%. IV traded above realized volatility by 85.6% (HV 20d: 111.6%). Max pain ranged from $13.00 to $19.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.42.

Notable Days

2020-03-31: Highest Volume — 216,950 contracts
2020-03-10: Largest IV spike — 20.2% change
2020-03-03: Highest IV Rank — 100.0%
2020-03-27: Largest Expected Move — 67.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.51	$4.03	$15.98	$15.94	$4.03
Max Pain	$15.50	$13.00	$19.00	$19.00	$13.00
ATM IV	197.2%	152.2%	224.7%	175.6%	152.2%
Expected Move	54.3%	29.9%	67.8%	31.7%	45.4%
HV 20d	111.6%	64.6%	446.0%	64.8%	446.0%
HV 60d	75.6%	51.5%	261.4%	52.9%	261.4%
IV Rank	90.0%	58.5%	100.0%	96.5%	58.5%
IV Percentile	98.0%	90.5%	100.0%	99.2%	90.5%
Term Structure	-12.4%	-66.0%	35.4%	3.1%	9.6%
VWIV	173.5%	104.6%	220.4%	106.0%	170.4%
Skew 25d	39.7%	-44.8%	68.7%	68.7%	25.6%
Skew 10d	81.4%	-98.8%	145.4%	87.7%	34.7%
Call IV 25d	165.1%	131.0%	189.7%	131.0%	150.1%
Put IV 25d	204.8%	125.6%	234.5%	199.7%	175.7%
Bid-Ask Spread %	53.50	7.64	71.20	30.49	7.64
Gamma HHI	0.10	0.06	0.19	0.10	0.06
Net GEX	1.3M	-4.1K	2.9M	2.5M	38.2K
Net DEX	-19.8M	-159.5M	72.2M	-72.3M	43.0M
Net VEX	-1.1M	-1.5M	-163.4K	-1.5M	-163.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.42	0.07	0.97	0.21	0.27
Total Volume	41,219.136	13,685	216,950	44,834	216,950
Total OI	718,989.136	510,938	824,970	744,610	621,882

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
2020-03-02	$15.94	$19.00	175.6%	31.7%	64.8%	96.5%	106.0%	68.7%	3.1%	2.5M	-72.3M	-1.5M	0.21	30.49	37,197	7,637	508,687	235,923
2020-03-03	$15.68	$19.00	182.3%	38.7%	64.8%	100.0%	109.7%	14.9%	-15.1%	2.7M	-69.9M	-1.5M	0.40	48.32	9,752	3,933	522,979	237,828
2020-03-04	$15.98	$19.00	188.0%	29.9%	64.6%	100.0%	104.6%	36.0%	35.4%	2.9M	-83.7M	-1.5M	0.81	55.80	21,248	17,207	528,392	240,214
2020-03-05	$15.39	$16.00	194.7%	46.6%	65.4%	100.0%	154.6%	18.5%	-3.5%	2.4M	-66.3M	-1.5M	0.43	53.53	12,279	5,313	541,937	255,669
2020-03-06	$14.88	$16.00	175.7%	45.4%	66.0%	86.8%	146.3%	37.0%	-6.0%	1.5M	-29.7M	-1.4M	0.55	38.34	12,366	6,740	549,082	257,385
2020-03-09	$13.98	$16.00	184.7%	52.6%	67.1%	93.1%	157.8%	58.7%	-0.9%	1.2M	-7.8M	-1.3M	0.86	53.01	16,481	14,103	524,467	252,906
2020-03-10	$14.09	$16.00	222.0%	48.3%	66.5%	100.0%	162.6%	-44.8%	-66.0%	1.3M	-4.4M	-1.3M	0.70	63.63	12,746	8,922	531,968	245,720
2020-03-11	$12.59	$16.00	199.0%	54.2%	75.2%	86.6%	168.2%	55.9%	-11.3%	569.9K	41.1M	-1.1M	0.37	62.60	37,490	13,729	537,524	248,482
2020-03-12	$11.41	$15.00	212.4%	60.9%	79.2%	94.4%	184.6%	48.7%	-5.0%	540.5K	44.3M	-991.9K	0.97	69.82	12,122	11,787	559,680	244,257
2020-03-13	$12.52	$15.00	205.2%	55.1%	89.1%	90.2%	167.8%	47.6%	-36.1%	639.5K	40.0M	-1.1M	0.21	61.94	38,557	8,124	561,772	241,968
2020-03-16	$10.66	$15.00	219.6%	61.6%	102.2%	98.6%	197.9%	39.8%	-1.5%	302.9K	66.7M	-843.8K	0.39	62.45	10,533	4,123	550,074	234,517
2020-03-17	$10.43	$15.00	223.2%	63.8%	100.1%	100.0%	201.6%	51.2%	-23.4%	170.0K	72.2M	-818.6K	0.08	64.25	80,133	6,248	552,092	235,535
2020-03-18	$10.12	$15.00	224.7%	64.4%	99.7%	100.0%	181.4%	44.8%	-29.1%	426.2K	69.1M	-803.3K	0.36	71.20	10,179	3,676	586,620	232,554
2020-03-19	$11.65	$15.00	202.0%	58.0%	116.6%	87.0%	192.3%	49.5%	2.7%	-4.1K	35.3M	-940.6K	0.41	63.39	16,471	6,763	588,161	231,171
2020-03-20	$10.52	$15.00	200.2%	58.2%	119.8%	86.0%	192.8%	46.8%	-11.8%	863.7K	69.1M	-811.1K	0.51	57.59	11,636	5,972	592,746	232,224
2020-03-23	$10.45	$15.00	204.8%	62.2%	119.8%	88.6%	190.1%	43.7%	-21.0%	864.0K	-22.1M	-790.5K	0.21	44.84	14,324	2,993	376,782	134,156
2020-03-24	$11.66	$15.00	195.3%	59.2%	129.0%	83.1%	197.3%	48.1%	-12.8%	1.2M	-48.1M	-888.6K	0.72	46.45	21,355	15,412	383,430	134,894
2020-03-25	$12.60	$15.00	186.4%	59.3%	131.7%	78.1%	196.8%	37.8%	-18.2%	1.6M	-79.6M	-988.7K	0.23	53.84	19,225	4,334	394,796	140,329
2020-03-26	$13.61	$15.00	202.4%	66.3%	131.6%	87.2%	211.9%	45.1%	-17.3%	2.2M	-123.7M	-1.1M	0.07	47.62	79,869	5,412	404,265	142,440
2020-03-27	$13.38	$13.00	203.2%	67.8%	131.4%	87.7%	220.4%	60.5%	-34.6%	2.4M	-159.5M	-1.1M	0.26	61.59	20,872	5,506	474,944	144,952
2020-03-30	$13.56	$13.00	185.9%	64.5%	125.5%	77.8%	202.9%	39.4%	-9.3%	2.5M	-149.8M	-1.1M	0.32	58.77	28,065	9,037	461,126	141,231
2020-03-31	$4.03	$13.00	152.2%	45.4%	446.0%	58.5%	170.4%	25.6%	9.6%	38.2K	43.0M	-163.4K	0.27	7.64	170,488	46,462	474,383	147,499