AMZN Options History — May 2008

In May 2008, AMZN traded between $3.62 and $4.11. ATM implied volatility averaged 37.3%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 5.7% (HV 20d: 43.0%). Max pain ranged from $3.75 to $4.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2008-05-19: Highest Volume — 2,082,760 contracts
  • 2008-05-15: Largest IV spike — 14.2% change
  • 2008-05-06: Highest IV Rank — 17.4%
  • 2008-05-07: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.87$3.62$4.11$3.97$4.08
Max Pain$3.98$3.75$4.00$4.00$4.00
ATM IV37.3%32.3%41.1%38.3%36.6%
Expected Move10.9%10.2%11.9%11.0%10.5%
HV 20d43.0%33.7%46.2%45.4%39.6%
HV 60d49.4%46.9%51.8%51.8%46.9%
IV Rank11.2%2.9%17.4%13.5%9.9%
IV Percentile26.1%5.2%50.4%31.7%19.0%
Term Structure1.3%0.6%2.1%0.8%2.1%
VWIV38.0%35.9%40.8%38.7%36.3%
Skew 25d3.5%1.8%4.5%3.9%4.0%
Skew 10d6.5%3.3%8.4%6.7%7.5%
Call IV 25d36.5%33.3%39.8%36.7%34.3%
Put IV 25d40.0%37.0%43.0%40.6%38.3%
Bid-Ask Spread %3.522.365.504.792.50
Gamma HHI0.140.090.220.140.12
Net GEX-10.4M-28.9M865.6K-4.3M865.6K
Net DEX-144.3M-476.4M275.8M-287.2M-437.9M
Net VEX-5.4M-5.9M-2.4M-5.9M-5.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.652.861.090.85
Total Volume660,065.714276,3602,082,760436,000276,360
Total OI10,604,091.4297,873,42012,043,26011,653,1809,632,280

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-05-01$3.97$4.0038.3%11.0%45.4%13.5%38.7%3.9%0.8%-4.3M-287.2M-5.9M1.094.79N/AN/A208,400227,6004,772,0606,881,120
2008-05-02$3.87$4.0038.9%11.2%45.7%14.5%38.5%2.4%1.1%-11.2M-109.1M-5.9M1.104.22N/AN/A267,760295,5004,808,8206,921,940
2008-05-05$3.80$4.0040.4%11.7%46.2%17.0%40.3%3.9%1.0%-14.2M-36.6M-5.7M1.793.50N/AN/A201,220359,6004,824,1406,907,680
2008-05-06$3.79$4.0041.1%11.6%46.1%17.4%40.3%4.4%1.0%-16.0M-4.9M-5.7M1.553.57N/AN/A221,460342,4204,820,7006,941,120
2008-05-07$3.66$4.0040.6%11.9%45.7%16.5%40.8%3.2%1.1%-23.6M177.8M-5.6M1.033.67N/AN/A547,000561,3004,844,7406,959,160
2008-05-08$3.64$4.0037.7%11.2%45.6%11.8%38.9%3.3%0.6%-28.1M253.4M-5.5M1.944.04N/AN/A303,020587,4804,817,2807,022,680
2008-05-09$3.62$4.0035.2%11.5%43.5%7.7%39.4%3.5%0.7%-28.9M275.8M-5.5M1.002.36N/AN/A319,060318,3604,903,8807,139,380
2008-05-12$3.73$4.0035.1%10.8%44.6%7.5%37.0%4.5%1.2%-22.3M222.1M-2.4M0.694.95N/AN/A682,280469,5203,045,6004,827,820
2008-05-13$3.73$4.0033.2%10.6%44.6%4.4%36.9%4.3%1.3%-22.6M39.4M-5.4M2.862.75N/AN/A125,640358,7205,020,4206,948,520
2008-05-14$3.71$4.0032.3%10.7%43.4%2.9%36.8%3.9%1.2%-23.2M57.9M-5.3M0.653.51N/AN/A310,840203,5405,011,1006,996,320
2008-05-15$3.81$4.0036.9%10.6%44.3%10.4%37.2%4.2%1.2%-12.7M-139.1M-5.3M0.943.11N/AN/A301,720284,0005,026,9406,934,380
2008-05-16$3.82$3.7535.4%10.2%33.7%8.0%35.9%3.7%1.9%-5.1M-185.5M-5.3M1.092.66N/AN/A309,580338,9604,979,1606,932,000
2008-05-19$4.11$3.7537.5%10.7%43.1%11.4%37.1%2.4%1.3%-25.1K-476.4M-5.3M0.833.38N/AN/A1,137,180945,5803,676,9604,989,140
2008-05-20$4.04$4.0037.1%10.6%43.7%10.8%37.1%1.8%1.4%-192.2K-394.7M-5.6M0.733.02N/AN/A350,560256,5003,999,7405,241,360
2008-05-21$3.92$4.0037.0%10.6%44.5%10.6%37.5%2.1%1.8%-1.8M-271.6M-5.6M0.793.75N/AN/A322,640255,7804,075,3405,232,300
2008-05-22$3.96$4.0036.7%10.5%42.1%10.1%37.0%3.2%1.9%-664.0K-326.8M-5.6M0.813.37N/AN/A246,780198,9804,092,1205,272,700
2008-05-23$3.92$4.0037.1%10.6%39.7%10.8%37.6%3.2%1.8%-2.1M-261.5M-5.6M1.465.50N/AN/A179,320262,6804,100,7205,324,220
2008-05-27$4.03$4.0038.9%11.1%40.8%13.7%39.1%3.4%1.0%-483.6K-394.4M-5.6M1.013.63N/AN/A237,780240,8604,139,1005,402,700
2008-05-28$4.00$4.0038.4%11.0%40.5%13.0%38.3%3.4%1.6%-565.4K-366.8M-5.5M0.882.98N/AN/A181,860159,7404,163,3605,411,740
2008-05-29$4.02$4.0038.4%11.0%39.4%12.9%38.3%3.9%1.3%-670.1K-364.3M-5.5M1.302.56N/AN/A201,760262,0404,158,8405,486,340
2008-05-30$4.08$4.0036.6%10.5%39.6%9.9%36.3%4.0%2.1%865.6K-437.9M-5.5M0.852.50N/AN/A149,580126,7804,173,2405,459,040