AMZN Options History — August 2008

In August 2008, AMZN traded between $3.79 and $4.40. ATM implied volatility averaged 44.5%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded below realized volatility by 12.9% (HV 20d: 57.3%). Max pain ranged from $3.75 to $4.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.24.

Notable Days

  • 2008-08-11: Highest Volume — 3,184,600 contracts
  • 2008-08-11: Largest IV spike — 31.8% change
  • 2008-08-11: Highest IV Rank — 41.6%
  • 2008-08-11: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.11$3.79$4.40$3.79$4.04
Max Pain$3.93$3.75$4.00$3.75$4.00
ATM IV44.5%39.3%56.5%46.1%41.2%
Expected Move12.7%11.3%14.5%13.2%11.8%
HV 20d57.3%47.6%64.8%62.6%49.2%
HV 60d50.5%48.2%52.7%48.2%51.2%
IV Rank21.3%12.0%41.6%24.2%15.2%
IV Percentile52.4%27.4%81.3%61.5%38.5%
Term Structure2.8%0.5%5.0%1.8%4.7%
VWIV45.1%40.6%51.2%46.6%41.6%
Skew 25d4.0%1.8%8.0%6.0%2.0%
Skew 10d7.7%3.2%14.7%12.2%3.7%
Call IV 25d42.7%38.8%49.0%42.9%40.7%
Put IV 25d46.7%42.0%52.8%48.9%42.8%
Bid-Ask Spread %4.042.596.222.752.91
Gamma HHI0.100.090.130.090.11
Net GEX1.8M-4.2M11.0M791.0K-4.2M
Net DEX-512.4M-1.04B-235.5M-244.1M-287.9M
Net VEX-5.8M-6.1M-5.3M-5.5M-5.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.240.552.291.301.00
Total Volume734,901.905276,7403,184,600820,640404,320
Total OI11,252,974.28610,481,12013,075,92010,628,80011,062,200

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-08-01$3.79$3.7546.1%13.2%62.6%24.2%46.6%6.0%1.8%791.0K-244.1M-5.5M1.302.75N/AN/A356,900463,7404,722,2605,906,540
2008-08-04$3.79$3.7550.3%14.1%62.6%31.2%50.4%8.0%1.2%775.1K-235.5M-5.4M1.352.98N/AN/A289,520389,5204,750,3005,941,080
2008-08-05$3.96$3.7545.8%13.1%63.3%23.7%47.1%7.4%1.5%5.4M-442.8M-5.5M1.505.41N/AN/A239,640359,5004,784,6006,031,540
2008-08-06$3.90$3.7542.6%12.8%59.1%18.3%46.8%6.7%1.5%3.8M-374.4M-5.4M1.313.90N/AN/A296,780389,6204,826,1006,140,720
2008-08-07$3.85$3.7543.4%13.1%59.5%19.7%44.5%6.0%1.2%2.6M-300.3M-5.3M1.513.99N/AN/A207,860313,8804,821,1006,154,040
2008-08-08$4.03$3.7542.9%12.8%59.7%18.8%47.5%5.7%1.2%9.0M-542.9M-5.4M2.294.53N/AN/A509,5601,169,1204,856,5806,169,340
2008-08-11$4.40$4.0056.5%14.5%64.3%41.6%51.2%3.5%0.5%11.0M-1.04B-5.7M1.334.02N/AN/A1,368,9201,815,6805,004,4006,871,880
2008-08-12$4.36$4.0049.7%14.0%64.8%30.3%49.3%4.0%1.7%7.3M-918.3M-6.1M1.346.07N/AN/A313,140420,8805,273,9607,450,300
2008-08-13$4.33$4.0046.3%13.8%61.6%24.5%48.5%3.6%1.9%7.4M-886.1M-6.0M1.405.87N/AN/A410,500573,8205,262,9407,478,060
2008-08-14$4.40$4.0045.9%13.1%61.6%23.8%46.5%4.3%2.4%7.1M-972.4M-6.0M0.885.81N/AN/A460,580404,1405,258,6407,573,440
2008-08-15$4.32$4.0044.0%12.6%59.5%20.7%44.7%4.1%2.3%2.0M-890.9M-6.1M0.896.22N/AN/A419,080371,0605,346,1607,729,760
2008-08-18$4.16$4.0043.6%12.5%61.7%20.0%45.0%3.5%2.7%-1.0M-424.5M-6.1M2.073.65N/AN/A185,280382,9604,437,2406,043,880
2008-08-19$4.06$4.0044.2%12.7%62.5%21.0%44.2%1.8%3.4%-3.5M-311.2M-6.0M1.493.07N/AN/A189,940282,9004,455,2006,145,120
2008-08-20$4.11$4.0043.0%12.3%61.6%19.1%43.0%2.2%4.2%-2.9M-358.4M-6.1M1.174.40N/AN/A153,340179,5404,475,9406,186,800
2008-08-21$4.16$4.0042.0%12.1%48.5%17.4%42.6%2.6%4.4%-1.3M-435.4M-6.0M0.553.82N/AN/A221,580121,1204,499,8806,195,300
2008-08-22$4.26$4.0041.0%11.7%48.9%15.6%41.1%2.7%4.5%1.6M-564.7M-6.0M0.833.21N/AN/A211,540174,7604,561,6606,207,660
2008-08-25$4.14$4.0042.6%12.2%48.8%18.4%43.3%3.2%3.5%-1.7M-415.2M-5.9M1.263.04N/AN/A174,900219,9404,580,9006,271,660
2008-08-26$4.09$4.0042.4%12.1%48.3%17.2%42.1%2.5%4.2%-3.4M-338.9M-5.9M0.902.59N/AN/A145,500131,2404,577,0006,321,880
2008-08-27$4.09$4.0040.8%11.7%48.3%14.5%40.7%1.9%5.0%-3.0M-338.8M-5.8M0.863.36N/AN/A186,780159,7204,614,7806,345,480
2008-08-28$4.17$4.0039.3%11.3%47.6%12.0%40.6%3.1%4.6%-920.8K-438.8M-5.7M0.843.24N/AN/A197,440166,7004,616,4806,359,660
2008-08-29$4.04$4.0041.2%11.8%49.2%15.2%41.6%2.0%4.7%-4.2M-287.9M-5.7M1.002.91N/AN/A202,200202,1204,691,5806,370,620