AMZN Options History — January 2008

In January 2008, AMZN traded between $3.70 and $4.81. ATM implied volatility averaged 66.6%, placing in the 77.7% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 24.2% (HV 20d: 42.3%). Max pain ranged from $3.25 to $4.75. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.38.

Notable Days

  • 2008-01-31: Highest Volume — 3,560,220 contracts
  • 2008-01-31: Largest IV drop — 43.8% change
  • 2008-01-23: Highest IV Rank — 100.0%
  • 2008-01-29: Largest Expected Move — 26.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.10$3.70$4.81$4.81$3.88
Max Pain$4.31$3.25$4.75$3.25$4.00
ATM IV66.6%44.6%91.2%48.8%50.5%
Expected Move19.9%12.8%26.1%14.0%14.5%
HV 20d42.3%34.1%46.9%36.3%46.6%
HV 60d47.5%39.5%52.2%50.5%43.4%
IV Rank77.7%39.1%100.0%49.4%39.1%
IV Percentile95.6%84.1%100.0%88.8%85.7%
Term Structure-9.9%-25.2%18.4%14.9%-1.5%
VWIV70.6%45.5%92.0%49.4%53.9%
Skew 25d8.9%1.5%17.1%3.0%5.5%
Skew 10d16.0%3.6%29.1%7.4%13.0%
Call IV 25d66.2%45.1%85.6%47.6%50.1%
Put IV 25d75.0%46.6%99.4%50.6%55.7%
Bid-Ask Spread %3.521.605.033.104.89
Gamma HHI0.130.080.480.160.16
Net GEX-4.3M-18.2M7.5M7.5M-5.3M
Net DEX-772.6M-2.19B150.6M-2.19B2.4M
Net VEX-6.1M-6.5M-5.7M-6.1M-6.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.771.900.771.61
Total Volume1,467,868.571775,3003,560,2201,331,2203,560,220
Total OI13,724,489.5247,685,34017,319,16015,607,18011,166,160

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-01-02$4.81$3.2548.8%14.0%36.3%49.4%49.4%3.0%14.9%7.5M-2.19B-6.1M0.773.10N/AN/A754,020577,2007,186,2008,420,980
2008-01-03$4.76$3.2544.6%12.8%34.1%40.8%45.5%1.5%18.4%7.5M-2.14B-6.3M1.332.59N/AN/A335,400445,8807,363,2408,619,560
2008-01-04$4.44$4.7548.3%19.0%42.1%48.4%66.2%4.6%-11.0%26.5K-1.56B-6.5M1.331.60N/AN/A521,900693,8007,365,4408,704,100
2008-01-07$4.44$4.7551.0%19.3%41.8%53.9%68.2%4.7%-11.8%-461.4K-1.56B-6.4M1.582.03N/AN/A385,260610,1807,455,1408,771,420
2008-01-08$4.39$4.7553.1%19.9%41.9%58.1%69.4%4.6%-13.1%-2.6M-1.44B-6.4M1.242.63N/AN/A357,120442,0407,444,9208,852,700
2008-01-09$4.26$4.7556.6%18.8%42.8%65.2%65.6%5.8%-9.2%-5.0M-1.21B-6.4M1.433.12N/AN/A1,060,5001,518,1207,482,0008,920,740
2008-01-10$4.21$4.5062.1%17.8%42.3%76.3%63.4%8.1%-7.4%-5.1M-1.17B-6.3M1.203.55N/AN/A393,900471,6207,721,9409,129,980
2008-01-11$4.05$4.5066.1%19.0%43.8%84.5%66.5%6.3%-10.4%-7.6M-896.8M-6.1M1.413.12N/AN/A562,880795,8207,772,0609,093,260
2008-01-14$4.14$4.5062.7%18.0%44.5%77.5%63.8%6.7%-8.3%-6.1M-1.09B-6.0M0.903.49N/AN/A711,400641,5007,838,1209,124,500
2008-01-15$4.01$4.5064.9%18.6%44.1%81.9%65.7%7.4%-9.2%-8.0M-878.2M-5.9M1.904.67N/AN/A394,480749,6007,968,8609,153,940
2008-01-16$4.02$4.5065.8%18.9%41.5%83.8%66.9%8.1%-9.1%-8.3M-929.7M-5.8M1.423.47N/AN/A526,020745,2808,011,7609,110,160
2008-01-17$4.01$4.5068.4%19.6%40.5%89.0%69.5%7.8%-10.6%-6.0M-914.0M-5.8M1.735.03N/AN/A418,280725,6808,067,5209,132,800
2008-01-18$3.99$4.5071.8%20.6%38.7%95.9%73.1%7.0%-10.7%-18.2M-807.2M-5.9M1.233.71N/AN/A764,500939,2008,048,3209,270,840
2008-01-22$3.92$4.2573.2%21.0%38.1%98.9%77.3%17.1%-9.4%-3.7M-15.2M-5.8M1.623.12N/AN/A461,080747,8403,508,2004,177,140
2008-01-23$3.70$4.2581.3%23.3%41.9%100.0%81.9%14.9%-14.8%-4.5M145.0M-5.7M1.554.18N/AN/A765,4401,183,8003,687,2404,419,200
2008-01-24$3.88$4.2578.9%22.6%46.9%95.7%81.9%14.2%-16.2%-4.0M15.9M-6.1M1.713.92N/AN/A382,740655,2203,881,5204,722,180
2008-01-25$3.88$4.2578.9%22.6%45.8%95.7%81.9%13.8%-15.2%-4.3M18.3M-6.2M1.374.29N/AN/A326,860448,4403,908,0804,858,080
2008-01-28$3.79$4.2589.7%25.7%45.1%100.0%88.6%15.0%-22.4%-5.0M95.9M-6.0M1.233.76N/AN/A533,340656,0203,958,5204,979,040
2008-01-29$3.70$4.2591.2%26.1%45.1%100.0%91.8%13.8%-25.2%-5.2M150.6M-6.0M1.162.90N/AN/A555,580643,2204,147,2005,149,600
2008-01-30$3.71$4.0090.0%25.8%45.4%98.2%92.0%16.1%-24.7%-5.3M147.6M-6.0M1.174.72N/AN/A1,549,0601,814,8004,253,7005,367,920
2008-01-31$3.88$4.0050.5%14.5%46.6%39.1%53.9%5.5%-1.5%-5.3M2.4M-6.3M1.614.89N/AN/A1,366,3402,193,8804,937,1206,229,040