AMRN Options History — March 2023

In March 2023, AMRN traded between $1.50 and $2.05. ATM implied volatility averaged 98.3%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded above realized volatility by 28.7% (HV 20d: 69.6%). Max pain ranged from $1.00 to $1.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 0.27.

Notable Days

  • 2023-03-01: Highest Volume — 2,787 contracts
  • 2023-03-27: Largest IV spike — 27.2% change
  • 2023-03-14: Highest IV Rank — 20.3%
  • 2023-03-16: Largest Expected Move — 32.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.66$1.50$2.05$2.05$1.50
Max Pain$1.48$1.00$1.50$1.50$1.50
ATM IV98.3%80.8%128.9%94.6%87.5%
Expected Move27.8%23.2%32.0%27.1%25.1%
HV 20d69.6%58.7%78.6%69.6%62.2%
HV 60d76.4%73.1%79.3%73.1%75.7%
IV Rank12.7%8.3%20.3%11.7%9.9%
IV Percentile44.3%20.2%71.0%44.0%26.6%
Term Structure7.3%-28.1%51.6%12.3%10.3%
VWIV96.7%78.4%111.7%96.3%87.4%
Skew 25d13.9%-27.8%57.2%-27.8%17.1%
Skew 10d13.0%-48.0%39.4%-11.0%25.2%
Call IV 25d82.1%51.8%117.5%116.3%72.0%
Put IV 25d95.9%71.6%109.0%88.5%89.1%
Bid-Ask Spread %63.6539.4187.2672.5059.27
Gamma HHI0.390.290.540.440.29
Net GEX36.7K21.3K62.3K59.1K25.8K
Net DEX-2.0M-3.9M-1.1M-3.9M-1.1M
Net VEX-16.7K-22.8K-12.6K-21.1K-13.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.001.250.030.18
Total Volume846.9572302,7872,7871,146
Total OI51,659.78345,58558,21851,79547,576

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$2.05$1.5094.6%27.1%69.6%11.7%96.3%-27.8%12.3%59.1K-3.9M-21.1K0.0372.502,7078044,3237,472
2023-03-02$1.96$1.5085.7%24.6%71.8%9.5%85.7%9.4%0.4%62.3K-3.6M-22.8K0.5475.121,07557945,6067,496
2023-03-03$1.96$1.5096.5%27.7%71.0%12.2%96.6%6.6%-3.1%59.9K-3.6M-22.7K0.0039.41517246,0257,857
2023-03-06$1.85$1.00102.8%28.8%73.6%13.8%107.3%-9.1%-4.1%54.3K-3.0M-20.6K0.1558.6098714446,2757,857
2023-03-07$1.85$1.5093.1%30.5%73.1%11.3%110.0%-11.2%-0.9%57.6K-2.8M-19.2K0.0145.928731146,7617,941
2023-03-08$1.83$1.5089.9%27.8%59.3%10.5%85.2%45.4%8.0%57.6K-2.8M-20.1K0.1345.876488247,2397,942
2023-03-09$1.73$1.5092.4%29.8%58.7%11.2%110.1%-10.3%-2.5%45.2K-2.5M-19.4K0.5739.5238822347,7368,011
2023-03-10$1.60$1.50115.0%30.1%63.7%16.8%106.4%27.7%32.3%33.8K-1.7M-16.9K0.5142.3762731847,8688,151
2023-03-13$1.56$1.50121.4%28.4%63.3%18.4%96.1%-12.6%14.4%28.6K-1.3M-14.1K0.5784.6383948048,2948,298
2023-03-14$1.60$1.50128.9%28.7%64.6%20.3%82.9%17.3%23.2%29.8K-1.6M-15.4K0.6069.6721412848,9128,183
2023-03-15$1.50$1.5097.1%27.8%66.5%12.3%96.4%6.2%14.1%21.3K-1.1M-13.6K0.0967.541,40312549,0108,089
2023-03-16$1.63$1.50111.7%32.0%74.7%16.0%111.7%33.9%0.2%28.3K-2.0M-17.1K0.0686.269406049,7838,065
2023-03-17$1.56$1.5097.9%28.1%75.5%12.6%99.0%6.9%26.6%28.3K-2.0M-16.1K0.0772.259817150,0838,135
2023-03-20$1.58$1.50100.4%28.8%75.7%13.2%101.4%7.5%-2.0%28.7K-1.4M-15.2K0.1362.0883010439,4646,121
2023-03-21$1.63$1.5083.7%24.0%76.7%9.0%97.5%4.6%51.6%30.6K-1.3M-14.5K0.2963.852858339,7496,225
2023-03-22$1.54$1.5093.8%26.9%78.6%11.5%78.4%17.2%-21.7%27.7K-1.9M-16.3K1.2580.6126833639,8766,238
2023-03-23$1.52$1.50109.8%31.5%78.5%15.5%110.8%57.2%-28.1%26.9K-1.3M-14.0K0.0486.443381339,9836,248
2023-03-24$1.52$1.5080.8%23.2%78.4%8.3%84.9%12.0%10.4%27.7K-2.1M-15.7K0.1487.263765440,2966,256
2023-03-27$1.54$1.50102.8%29.5%77.4%13.8%102.7%31.9%0.7%27.3K-1.3M-14.2K0.4956.1120810240,6336,295
2023-03-28$1.52$1.5085.5%24.5%62.5%9.4%88.5%30.1%-0.3%28.8K-1.2M-13.8K0.1972.941933740,7036,397
2023-03-29$1.54$1.5097.9%28.1%63.0%12.5%97.8%32.1%13.4%27.5K-1.1M-12.6K0.1645.612213540,8546,434
2023-03-30$1.54$1.5092.3%26.5%62.2%11.1%90.2%26.6%13.1%27.5K-1.1M-13.4K0.0150.18344540,9466,469
2023-03-31$1.50$1.5087.5%25.1%62.2%9.9%87.4%17.1%10.3%25.8K-1.1M-13.9K0.1859.2796817841,1026,474