AMZN Options History — June 2008

In June 2008, AMZN traded between $3.67 and $4.23. ATM implied volatility averaged 40.0%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 0.3% (HV 20d: 40.3%). Max pain ranged from $3.75 to $4.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.38.

Notable Days

  • 2008-06-27: Highest Volume — 1,246,180 contracts
  • 2008-06-26: Largest IV spike — 11.0% change
  • 2008-06-12: Highest IV Rank — 21.2%
  • 2008-06-30: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.99$3.67$4.23$4.01$3.67
Max Pain$3.89$3.75$4.00$4.00$3.75
ATM IV40.0%36.7%44.0%37.5%44.0%
Expected Move11.6%10.5%12.6%10.8%12.6%
HV 20d40.3%36.0%45.8%38.9%42.2%
HV 60d44.4%40.8%46.6%46.5%41.8%
IV Rank15.5%10.1%21.2%11.5%21.0%
IV Percentile39.9%18.7%59.9%24.2%59.9%
Term Structure7.7%1.1%14.1%1.7%12.5%
VWIV40.9%36.9%45.5%37.9%43.8%
Skew 25d4.1%1.8%6.4%4.0%4.4%
Skew 10d8.4%2.3%12.7%7.9%9.3%
Call IV 25d38.7%35.4%42.1%35.8%42.1%
Put IV 25d42.9%38.2%47.2%39.8%46.6%
Bid-Ask Spread %2.661.644.213.201.73
Gamma HHI0.120.090.250.120.11
Net GEX-585.3K-8.7M11.0M-66.5K-8.7M
Net DEX-355.7M-691.8M50.8M-373.8M50.8M
Net VEX-5.4M-5.6M-5.2M-5.4M-5.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.380.692.611.240.99
Total Volume734,214.286226,2401,246,180226,240690,040
Total OI9,943,767.6199,185,34010,664,3409,678,1809,914,500

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-06-02$4.01$4.0037.5%10.8%38.9%11.5%37.9%4.0%1.7%-66.5K-373.8M-5.4M1.243.20N/AN/A101,020125,2204,234,4805,443,700
2008-06-03$4.01$4.0037.3%10.7%38.2%11.0%37.3%4.1%2.0%-619.7K-361.4M-5.5M0.692.78N/AN/A143,30098,7804,246,0405,456,400
2008-06-04$4.08$4.0036.7%10.5%38.5%10.1%36.9%2.8%1.9%1.2M-451.2M-5.4M1.272.07N/AN/A198,860251,8404,254,5805,444,520
2008-06-05$4.23$4.0037.5%10.8%37.4%11.5%38.1%1.8%1.1%5.0M-657.2M-5.5M1.121.82N/AN/A358,340401,2804,315,1205,496,540
2008-06-06$4.03$3.7540.1%12.0%41.9%15.7%42.7%4.3%6.0%-1.0M-390.9M-5.6M1.993.78N/AN/A254,500507,5604,362,2005,584,460
2008-06-09$3.97$3.7542.7%12.4%42.4%19.9%45.5%6.4%5.4%-2.6M-301.3M-5.5M2.572.57N/AN/A316,360811,6004,376,7405,615,060
2008-06-10$3.98$3.7538.4%11.8%41.4%13.0%41.9%5.2%7.1%-2.0M-331.5M-5.5M2.612.67N/AN/A244,440639,1804,452,1805,716,460
2008-06-11$3.86$3.7541.3%12.6%43.0%17.7%42.8%4.7%6.2%-4.8M-176.2M-5.4M1.154.21N/AN/A264,720303,5604,467,9805,662,300
2008-06-12$3.81$3.7543.4%12.4%43.4%21.2%43.1%4.7%6.3%-6.7M-114.2M-5.4M0.993.53N/AN/A357,880353,2004,486,0805,650,120
2008-06-13$3.96$3.7540.8%11.7%44.6%16.8%41.5%5.1%6.7%-1.9M-308.2M-5.4M0.963.19N/AN/A352,800340,4604,497,8005,654,660
2008-06-16$4.08$3.7541.7%12.0%45.8%18.4%42.5%4.6%5.2%2.7M-486.7M-5.3M1.122.70N/AN/A293,180329,7404,514,2205,681,000
2008-06-17$4.15$3.7538.4%11.0%38.0%13.0%39.3%4.2%8.0%5.6M-588.4M-5.3M0.742.91N/AN/A629,480467,1204,535,4605,732,700
2008-06-18$4.13$4.0038.7%11.1%37.4%13.5%40.6%4.1%7.6%5.5M-571.5M-5.4M1.673.61N/AN/A267,700447,8604,716,9805,841,060
2008-06-19$4.21$4.0038.4%11.0%36.0%12.9%39.8%4.2%8.0%11.0M-691.8M-5.4M1.223.24N/AN/A370,600452,3604,709,6005,877,080
2008-06-20$4.05$4.0039.1%11.2%38.8%14.1%39.5%3.1%9.6%-1.1M-461.1M-5.4M1.072.43N/AN/A523,880560,1204,739,9805,924,360
2008-06-23$4.03$4.0040.3%11.5%38.6%15.7%40.6%3.1%12.5%96.1K-389.5M-5.4M1.141.98N/AN/A267,880305,9004,044,0205,141,320
2008-06-24$3.98$4.0039.5%11.3%37.5%14.5%40.2%3.9%13.6%-1.5M-325.1M-5.4M1.411.68N/AN/A328,400464,2404,135,1805,211,100
2008-06-25$4.03$4.0039.0%11.2%37.7%13.6%39.4%3.6%14.1%-550.7K-380.3M-5.4M1.852.18N/AN/A162,220299,6404,180,1005,320,000
2008-06-26$3.81$4.0043.3%12.4%42.2%20.7%43.1%4.4%12.3%-5.0M-133.1M-5.3M1.711.83N/AN/A327,500559,5604,208,7805,382,740
2008-06-27$3.73$4.0042.2%12.1%42.1%18.9%43.2%4.5%13.1%-6.8M-28.4M-5.2M1.351.64N/AN/A529,800716,3804,208,7805,382,740
2008-06-30$3.67$3.7544.0%12.6%42.2%21.0%43.8%4.4%12.5%-8.7M50.8M-5.2M0.991.73N/AN/A345,960344,0804,337,1005,577,400