AMZN Options History — April 2008

In April 2008, AMZN traded between $3.60 and $4.10. ATM implied volatility averaged 53.8%, placing in the 40.3% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 1.5% (HV 20d: 52.2%). Max pain ranged from $3.63 to $4.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.70.

Notable Days

  • 2008-04-23: Highest Volume — 3,811,040 contracts
  • 2008-04-24: Largest IV drop — 39.3% change
  • 2008-04-23: Highest IV Rank — 62.0%
  • 2008-04-23: Largest Expected Move — 19.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.85$3.60$4.10$3.83$3.93
Max Pain$3.83$3.63$4.00$3.63$4.00
ATM IV53.8%38.6%68.0%49.0%38.6%
Expected Move16.1%11.1%19.5%14.0%11.1%
HV 20d52.2%45.9%56.3%56.2%47.0%
HV 60d52.1%51.5%53.2%53.2%52.1%
IV Rank40.3%13.9%62.0%35.7%13.9%
IV Percentile75.9%33.3%95.6%77.0%33.3%
Term Structure-5.3%-15.1%12.2%9.5%0.6%
VWIV57.0%39.0%69.2%50.4%39.0%
Skew 25d7.4%3.7%10.3%6.7%3.7%
Skew 10d14.0%5.4%18.3%15.6%5.4%
Call IV 25d52.6%37.3%63.2%45.6%37.3%
Put IV 25d60.0%41.0%72.1%52.3%41.0%
Bid-Ask Spread %3.182.155.542.154.02
Gamma HHI0.110.080.240.080.13
Net GEX-3.0M-8.0M9.0M-2.6M-7.2M
Net DEX-259.6M-689.7M59.1M-298.0M-220.3M
Net VEX-5.8M-6.3M-5.5M-5.6M-6.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.700.983.650.991.43
Total Volume1,215,145.455579,4203,811,0401,045,540579,420
Total OI11,459,301.8189,521,30012,750,72010,135,98012,141,000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-04-01$3.83$3.6349.0%14.0%56.2%35.7%50.4%6.7%9.5%-2.6M-298.0M-5.6M0.992.15N/AN/A526,660518,8804,494,8605,641,120
2008-04-02$3.87$3.6347.9%13.7%54.6%34.1%48.4%7.0%11.0%-2.3M-342.8M-5.7M2.873.61N/AN/A347,260997,0804,601,4005,779,720
2008-04-03$3.75$3.7547.2%13.5%56.3%33.0%48.3%5.7%12.2%-5.9M-164.2M-5.9M1.262.41N/AN/A281,940354,1404,624,8406,409,880
2008-04-04$3.84$3.7548.9%17.1%54.3%35.5%59.8%7.2%-6.9%-3.7M-298.8M-5.8M1.402.26N/AN/A280,660393,6804,692,1606,433,580
2008-04-07$3.85$3.7547.6%17.4%54.3%33.5%60.8%7.5%-8.1%-4.2M-285.5M-5.7M0.982.44N/AN/A325,520320,6404,736,2406,510,080
2008-04-08$3.87$3.7547.2%17.5%53.8%31.7%62.8%7.9%-8.3%-715.8K-367.2M-5.8M2.442.46N/AN/A174,260425,1204,960,7206,559,020
2008-04-09$3.72$3.7546.0%17.9%53.5%29.1%62.9%7.9%-9.4%-5.6M-125.4M-5.7M1.212.50N/AN/A302,340364,6404,880,7206,758,020
2008-04-10$3.74$3.7560.8%17.4%53.2%51.2%60.8%7.7%-8.3%-4.7M-149.7M-5.7M1.192.54N/AN/A341,580405,0804,936,2206,770,020
2008-04-11$3.60$3.7561.9%17.7%54.8%52.1%63.1%7.1%-7.8%-8.0M59.1M-5.6M1.852.50N/AN/A294,920545,9604,957,6206,778,640
2008-04-14$3.63$3.7565.7%18.8%54.9%58.3%65.8%7.4%-10.6%-7.0M-10.9M-5.5M2.142.80N/AN/A237,740508,0204,945,4006,782,840
2008-04-15$3.63$3.7564.8%18.6%53.9%56.8%65.1%10.1%-11.0%-7.7M21.7M-5.5M1.172.91N/AN/A778,980913,4404,980,9606,960,380
2008-04-16$3.73$3.7564.1%18.4%48.0%55.7%66.1%9.2%-11.5%-2.6M-182.9M-5.7M1.582.84N/AN/A295,860467,0805,210,9607,315,680
2008-04-17$3.70$3.7562.1%17.8%47.4%52.4%62.8%10.3%-11.9%-1.8M-124.2M-5.5M1.193.32N/AN/A568,220677,3005,229,6807,201,780
2008-04-18$4.00$3.7565.2%18.7%52.8%57.5%65.9%8.9%-15.1%9.0M-689.7M-5.7M1.303.09N/AN/A1,113,2201,443,8005,387,4807,363,240
2008-04-21$4.01$4.0067.2%19.3%51.4%60.7%68.6%10.3%-13.8%-2.5M-341.2M-6.0M1.912.91N/AN/A348,500667,0403,796,0805,780,960
2008-04-22$3.98$4.0066.2%19.0%51.3%59.1%69.2%9.1%-12.5%-2.9M-301.6M-5.9M2.052.70N/AN/A498,8801,023,9003,756,4805,764,820
2008-04-23$4.05$4.0068.0%19.5%50.9%62.0%68.4%7.9%-13.5%-3.1M-379.0M-6.3M1.142.91N/AN/A1,781,3002,029,7404,135,4006,512,800
2008-04-24$3.88$4.0041.3%11.8%51.0%18.4%42.4%5.9%0.2%-7.1M-156.6M-6.3M1.085.54N/AN/A1,126,3401,217,4404,909,6007,229,860
2008-04-25$4.04$4.0040.8%11.7%51.9%17.5%41.7%5.7%0.3%3.6M-469.5M-6.3M1.105.04N/AN/A407,960450,0204,969,0807,041,220
2008-04-28$4.10$4.0042.4%12.1%51.7%20.2%42.1%6.5%-0.9%2.4M-510.7M-6.2M3.415.01N/AN/A271,160925,4604,788,4207,066,480
2008-04-29$4.04$4.0040.7%11.7%45.9%17.4%40.7%4.2%0.0%-2.1M-373.6M-6.2M3.654.01N/AN/A258,620943,4004,776,2407,532,940
2008-04-30$3.93$4.0038.6%11.1%47.0%13.9%39.0%3.7%0.6%-7.2M-220.3M-6.0M1.434.02N/AN/A238,240341,1804,780,7807,360,220