AMZN Options History — March 2009

In March 2009, AMZN traded between $3.02 and $3.78. ATM implied volatility averaged 61.1%, placing in the 30.6% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 2.2% (HV 20d: 58.9%). Max pain ranged from $3.00 to $3.25. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.29.

Notable Days

  • 2009-03-06: Highest Volume — 2,104,980 contracts
  • 2009-03-10: Largest IV drop — 11.2% change
  • 2009-03-09: Highest IV Rank — 43.2%
  • 2009-03-09: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.43$3.02$3.78$3.10$3.67
Max Pain$3.05$3.00$3.25$3.00$3.25
ATM IV61.1%55.6%73.0%68.1%56.1%
Expected Move17.6%16.0%20.5%19.5%16.1%
HV 20d58.9%50.6%64.7%55.2%60.9%
HV 60d66.4%64.6%68.4%68.4%66.3%
IV Rank30.6%24.8%43.2%38.0%25.3%
IV Percentile53.8%40.9%73.0%69.8%40.9%
Term Structure5.5%-0.9%13.0%0.7%13.0%
VWIV62.5%57.6%71.3%66.9%58.7%
Skew 25d10.9%9.0%13.7%12.3%10.1%
Skew 10d22.8%18.6%27.5%25.2%19.4%
Call IV 25d56.3%51.4%65.0%60.7%53.3%
Put IV 25d67.3%61.5%77.8%73.0%63.3%
Bid-Ask Spread %3.763.065.353.643.20
Gamma HHI0.160.100.700.100.16
Net GEX7.3M193.8K49.0M2.2M8.6M
Net DEX-488.2M-717.9M-133.5M-239.8M-631.2M
Net VEX-4.8M-5.2M-4.2M-4.2M-5.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.332.082.060.33
Total Volume1,239,315.455549,0402,104,9801,240,9801,407,400
Total OI10,010,137.2738,699,70011,363,0608,699,70010,195,080

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-03-02$3.10$3.0068.1%19.5%55.2%38.0%66.9%12.3%0.7%2.2M-239.8M-4.2M2.063.64N/AN/A404,940836,0404,189,0204,510,680
2009-03-03$3.08$3.0067.3%19.3%53.6%37.1%65.8%11.3%1.1%1.7M-216.6M-4.4M0.975.35N/AN/A453,300438,0804,340,7604,723,380
2009-03-04$3.24$3.0061.0%17.5%54.6%30.5%64.0%11.3%3.6%4.0M-371.1M-4.5M1.573.39N/AN/A400,160628,7004,418,5204,759,660
2009-03-05$3.24$3.0061.8%17.7%52.4%31.3%63.8%12.1%3.7%3.7M-356.6M-4.6M1.554.35N/AN/A431,280670,3004,477,8004,879,980
2009-03-06$3.08$3.0066.8%20.0%54.1%36.6%70.7%13.2%-0.3%1.4M-195.4M-4.4M2.083.51N/AN/A683,5601,421,4204,527,7604,961,560
2009-03-09$3.02$3.0073.0%20.5%50.6%43.2%71.3%12.8%-0.9%193.8K-133.5M-4.4M1.334.01N/AN/A615,800818,0204,608,4205,248,880
2009-03-10$3.29$3.0064.8%19.2%59.4%34.5%67.6%13.7%0.9%4.4M-406.1M-4.6M1.123.42N/AN/A783,020879,7004,687,6805,362,500
2009-03-11$3.43$3.0057.9%18.1%58.0%27.1%66.4%12.2%2.9%5.7M-541.1M-4.8M1.613.87N/AN/A782,7201,257,1004,717,4205,535,000
2009-03-12$3.48$3.0059.7%17.1%57.9%29.0%61.0%10.7%4.6%7.4M-615.2M-4.9M0.743.06N/AN/A941,620695,4004,906,5605,719,140
2009-03-13$3.43$3.0058.7%16.8%58.2%28.1%60.8%9.9%4.9%6.4M-518.2M-4.9M1.903.73N/AN/A457,300868,9004,788,5005,763,700
2009-03-16$3.35$3.0062.6%17.9%58.8%32.2%62.1%10.6%2.9%4.1M-419.6M-4.7M1.423.23N/AN/A428,660609,0004,830,0805,897,880
2009-03-17$3.57$3.0059.5%17.0%61.5%28.8%60.8%11.1%3.7%7.9M-674.7M-4.8M1.374.17N/AN/A764,2001,044,6204,842,5605,909,320
2009-03-18$3.56$3.0060.5%17.4%61.6%30.0%60.5%11.2%3.2%6.4M-660.7M-4.8M1.634.66N/AN/A574,880938,5404,851,5806,067,800
2009-03-19$3.50$3.0060.6%17.4%61.9%30.0%59.6%10.4%3.2%6.1M-606.5M-4.8M0.643.58N/AN/A766,360486,8804,880,0206,080,900
2009-03-20$3.50$3.0059.2%17.0%61.3%28.5%61.2%9.9%5.0%49.0M-611.3M-4.9M0.895.09N/AN/A772,180685,3405,281,2606,081,800
2009-03-23$3.78$3.0056.2%16.1%64.7%25.4%57.9%10.2%11.5%8.1M-717.9M-5.2M1.093.07N/AN/A448,220490,4004,528,5804,876,020
2009-03-24$3.65$3.0055.6%16.0%63.6%24.8%57.8%9.3%11.2%7.3M-609.9M-5.0M1.303.86N/AN/A239,000310,0404,656,4004,873,560
2009-03-25$3.62$3.0057.9%16.6%62.5%27.2%58.4%9.0%11.2%7.1M-580.5M-5.0M1.643.49N/AN/A302,820497,5004,657,3404,903,940
2009-03-26$3.68$3.2556.0%16.0%61.7%25.1%57.6%10.3%12.1%7.8M-640.1M-5.1M1.163.31N/AN/A328,740382,8604,709,5805,016,660
2009-03-27$3.53$3.2558.0%16.6%63.3%27.3%58.7%9.2%13.0%5.4M-470.7M-5.0M1.063.75N/AN/A280,280297,7404,751,9005,163,160
2009-03-30$3.57$3.2563.0%18.1%60.7%32.6%63.1%10.1%10.6%6.5M-523.9M-5.0M0.853.09N/AN/A400,380341,5404,831,4405,209,240
2009-03-31$3.67$3.2556.1%16.1%60.9%25.3%58.7%10.1%13.0%8.6M-631.2M-5.0M0.333.20N/AN/A1,055,700351,7004,930,3605,264,720