AMZN Options History — February 2009

In February 2009, AMZN traded between $3.05 and $3.34. ATM implied volatility averaged 59.0%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 17.1%. IV traded below realized volatility by 19.9% (HV 20d: 78.9%). Max pain ranged from $2.75 to $3.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.37.

Notable Days

  • 2009-02-02: Highest Volume — 1,649,660 contracts
  • 2009-02-17: Largest IV spike — 12.5% change
  • 2009-02-23: Highest IV Rank — 33.3%
  • 2009-02-23: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.17$3.05$3.34$3.06$3.24
Max Pain$2.93$2.75$3.00$2.75$3.00
ATM IV59.0%53.2%63.7%62.7%57.0%
Expected Move17.1%15.5%18.3%18.0%16.3%
HV 20d78.9%72.4%85.3%83.5%76.6%
HV 60d75.2%67.6%86.4%86.4%67.6%
IV Rank28.4%22.2%33.3%32.3%26.2%
IV Percentile56.2%50.8%61.9%60.3%52.0%
Term Structure1.2%-0.8%3.1%1.7%3.1%
VWIV60.6%57.7%63.5%63.3%59.2%
Skew 25d10.0%9.1%11.2%9.8%10.2%
Skew 10d20.0%18.3%23.0%19.3%21.1%
Call IV 25d54.7%51.9%58.1%57.4%52.8%
Put IV 25d64.8%61.5%67.3%67.2%63.0%
Bid-Ask Spread %3.452.154.622.763.99
Gamma HHI0.150.110.310.130.12
Net GEX3.7M1.8M8.1M3.5M3.6M
Net DEX-381.3M-571.6M-219.9M-367.0M-334.8M
Net VEX-3.9M-4.3M-3.5M-3.5M-4.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.370.693.011.431.08
Total Volume979,800483,9401,649,6601,649,6601,068,660
Total OI9,611,002.1057,394,08010,796,2608,955,6808,497,900

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-02-02$3.06$2.7562.7%18.0%83.5%32.3%63.3%9.8%1.7%3.5M-367.0M-3.5M1.432.76N/AN/A679,780969,8803,998,1804,957,500
2009-02-03$3.18$2.7557.1%16.4%84.2%26.4%59.9%11.0%2.4%4.0M-428.5M-3.9M1.142.15N/AN/A598,100683,9404,082,3805,320,760
2009-02-04$3.05$2.7558.8%16.9%83.6%28.1%59.0%9.3%2.7%1.8M-301.3M-3.8M1.572.43N/AN/A394,200618,3404,090,2605,457,000
2009-02-05$3.16$2.7554.2%15.5%83.8%23.3%59.3%9.6%2.9%3.2M-393.5M-3.9M1.582.69N/AN/A297,040467,8604,154,6805,558,340
2009-02-06$3.33$2.7559.1%17.2%85.3%28.4%60.9%11.0%-0.2%5.7M-571.6M-4.0M1.414.62N/AN/A507,300714,6004,249,4405,582,300
2009-02-09$3.34$3.0060.1%17.6%84.2%29.5%61.6%10.9%-0.8%4.8M-555.0M-3.9M1.433.13N/AN/A415,580593,1004,283,4605,747,540
2009-02-10$3.17$3.0056.5%17.3%82.6%25.7%62.8%11.2%-0.2%2.7M-392.3M-3.9M1.943.27N/AN/A463,980901,6604,364,6805,814,200
2009-02-11$3.22$3.0053.2%17.0%82.3%22.2%60.9%11.0%0.1%3.4M-437.6M-4.0M0.964.49N/AN/A507,480485,9404,400,2405,923,020
2009-02-12$3.20$3.0058.4%16.8%78.4%27.8%60.6%10.2%0.6%4.7M-436.6M-4.0M1.594.53N/AN/A355,760565,5004,603,3406,002,440
2009-02-13$3.16$3.0056.6%16.2%76.9%25.8%57.7%9.6%1.3%4.3M-412.0M-4.0M1.263.85N/AN/A214,140269,8004,711,2006,013,280
2009-02-17$3.08$3.0063.7%18.3%78.0%33.3%62.5%9.8%-0.0%2.9M-341.7M-3.9M0.693.78N/AN/A535,860369,0604,725,4206,015,920
2009-02-18$3.12$3.0063.3%18.1%73.2%32.9%61.6%9.6%-0.7%3.6M-367.7M-3.8M0.733.42N/AN/A410,540300,3204,677,1806,016,200
2009-02-19$3.10$3.0061.5%17.6%72.6%31.0%59.8%9.2%0.5%2.2M-357.6M-3.8M1.353.13N/AN/A262,280354,8604,708,7606,055,760
2009-02-20$3.19$3.0059.8%17.1%72.4%29.2%61.2%9.8%1.3%8.1M-467.1M-3.9M1.133.53N/AN/A387,760438,5204,691,2206,105,040
2009-02-23$3.09$3.0063.7%18.3%74.3%33.3%63.5%9.1%1.6%2.4M-219.9M-3.7M3.013.72N/AN/A261,940787,3203,605,0803,789,000
2009-02-24$3.28$3.0058.8%16.8%75.5%28.1%60.7%10.0%2.0%3.5M-341.1M-4.0M1.333.19N/AN/A472,480630,5203,686,9204,176,620
2009-02-25$3.19$3.0057.0%16.3%75.9%26.2%58.7%10.0%2.7%2.9M-279.4M-4.1M1.003.81N/AN/A467,200466,8203,870,9604,276,880
2009-02-26$3.12$3.0059.8%17.1%76.3%29.2%58.4%9.6%2.3%2.5M-240.6M-4.1M1.333.07N/AN/A298,980399,1004,045,5404,350,400
2009-02-27$3.24$3.0057.0%16.3%76.6%26.2%59.2%10.2%3.1%3.6M-334.8M-4.3M1.083.99N/AN/A514,720553,9404,080,5004,417,400