AMZN Options History — July 2008

In July 2008, AMZN traded between $3.31 and $3.94. ATM implied volatility averaged 56.9%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 7.5% (HV 20d: 49.4%). Max pain ranged from $3.63 to $4.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.45.

Notable Days

  • 2008-07-24: Highest Volume — 2,981,080 contracts
  • 2008-07-24: Largest IV drop — 28.0% change
  • 2008-07-14: Highest IV Rank — 78.8%
  • 2008-07-14: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.62$3.31$3.94$3.68$3.82
Max Pain$3.81$3.63$4.00$3.75$3.75
ATM IV56.9%43.3%78.6%43.3%47.9%
Expected Move16.8%12.4%22.5%12.4%13.7%
HV 20d49.4%37.2%65.0%42.3%62.5%
HV 60d44.2%40.5%48.7%41.9%48.7%
IV Rank42.4%19.6%78.8%19.6%27.2%
IV Percentile77.8%55.6%97.6%55.6%65.5%
Term Structure-5.3%-20.5%13.9%13.0%-0.3%
VWIV59.5%43.8%78.8%43.8%46.7%
Skew 25d9.5%4.3%14.8%4.3%6.9%
Skew 10d17.8%9.2%26.5%9.5%14.4%
Call IV 25d54.5%41.4%70.7%41.4%43.8%
Put IV 25d64.0%45.7%85.0%45.7%50.7%
Bid-Ask Spread %3.001.635.641.852.00
Gamma HHI0.110.080.160.110.09
Net GEX-6.5M-20.3M3.1M-9.3M848.8K
Net DEX6.4M-424.6M446.1M27.3M-265.0M
Net VEX-4.9M-5.3M-4.4M-5.1M-5.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.913.411.451.05
Total Volume1,391,636.364443,2602,981,0801,220,260822,260
Total OI10,229,264.5457,812,32012,008,6209,915,32010,414,920

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-07-01$3.68$3.7543.3%12.4%42.3%19.6%43.8%4.3%13.0%-9.3M27.3M-5.1M1.451.85N/AN/A498,400721,8604,338,8205,576,500
2008-07-02$3.57$3.7544.3%12.7%42.4%21.3%45.2%4.8%12.8%-9.7M128.8M-5.0M1.091.63N/AN/A400,600435,5204,405,6405,635,920
2008-07-03$3.60$3.7543.9%12.6%39.7%20.5%45.2%5.4%13.9%-9.6M101.7M-5.0M1.291.70N/AN/A338,720435,4004,479,0005,610,040
2008-07-07$3.62$4.0048.9%17.2%37.2%28.9%61.2%8.4%-7.9%-9.8M76.7M-5.0M1.782.88N/AN/A390,400693,2404,483,5405,663,820
2008-07-08$3.75$4.0045.7%16.7%39.6%23.5%57.9%9.1%-7.5%-8.4M-74.7M-5.1M0.922.41N/AN/A511,480472,2004,542,1805,824,500
2008-07-09$3.53$4.0049.8%17.8%44.6%30.4%61.1%8.8%-9.4%-11.4M193.0M-4.8M1.293.11N/AN/A427,000550,8804,590,8205,845,320
2008-07-10$3.53$4.0063.3%18.2%43.7%53.2%62.9%9.8%-9.4%-11.3M186.3M-4.8M1.742.77N/AN/A663,8601,154,2604,607,8005,880,580
2008-07-11$3.43$4.0067.6%19.4%44.5%60.3%68.0%10.9%-11.9%-11.7M286.8M-4.7M1.543.73N/AN/A777,8601,201,7804,650,3805,971,340
2008-07-14$3.31$4.0078.6%22.5%42.3%78.8%78.8%14.3%-20.5%-11.3M405.6M-4.5M3.412.66N/AN/A615,0802,096,9004,797,0606,224,000
2008-07-15$3.35$3.7577.9%22.3%40.4%77.6%76.8%14.8%-20.3%-20.3M446.1M-4.7M1.794.21N/AN/A620,7001,108,3604,915,0407,074,880
2008-07-16$3.59$3.7565.5%18.8%48.5%56.9%66.1%12.5%-10.2%-13.7M31.1M-4.9M1.615.64N/AN/A911,8001,463,7204,966,5007,042,120
2008-07-17$3.61$3.7565.8%18.9%48.7%57.3%67.1%13.4%-11.2%-11.0M5.5M-4.8M1.894.52N/AN/A472,060890,1405,037,3006,803,600
2008-07-18$3.46$3.7567.0%19.2%49.1%59.4%67.6%11.8%-12.3%-9.5M273.9M-4.5M0.913.45N/AN/A531,280483,3205,057,0406,844,480
2008-07-21$3.42$3.7570.7%20.3%48.0%65.5%73.0%13.3%-12.5%-2.6M53.4M-4.4M1.112.65N/AN/A210,420232,8403,538,3604,273,960
2008-07-22$3.40$3.7569.3%19.9%47.9%63.2%73.1%13.1%-11.0%-2.7M62.5M-4.4M1.443.15N/AN/A419,100603,8203,625,9004,325,120
2008-07-23$3.53$3.6369.2%19.8%50.6%63.0%71.8%13.2%-12.4%-1.8M-34.3M-4.6M1.523.75N/AN/A977,4801,490,7003,755,1004,603,520
2008-07-24$3.94$3.6349.8%14.3%65.0%30.5%51.3%6.7%-1.0%3.1M-424.6M-5.2M0.942.71N/AN/A1,538,6001,442,4804,132,9205,380,120
2008-07-25$3.92$3.7546.4%13.3%62.1%24.7%48.2%5.9%0.1%2.6M-372.4M-5.3M1.402.91N/AN/A390,940547,2204,320,9805,519,100
2008-07-28$3.80$3.7549.2%14.1%62.5%29.4%49.1%6.9%-0.2%-91.6K-231.5M-5.2M1.392.37N/AN/A483,220672,7404,353,4405,595,340
2008-07-29$3.91$3.7544.4%12.7%62.9%21.4%47.7%7.5%0.8%2.8M-365.4M-5.3M1.232.92N/AN/A400,700492,2404,470,6005,654,800
2008-07-30$3.91$3.7544.0%12.6%62.9%20.7%46.5%7.2%1.5%2.8M-370.2M-5.3M1.182.98N/AN/A469,760554,6604,513,8405,697,580
2008-07-31$3.82$3.7547.9%13.7%62.5%27.2%46.7%6.9%-0.3%848.8K-265.0M-5.3M1.052.00N/AN/A401,260421,0004,582,9605,831,960