AMZN Options History — January 2018

In January 2018, AMZN traded between $59.46 and $72.57. ATM implied volatility averaged 33.3%, placing in the 90.3% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 18.2% (HV 20d: 15.1%). Max pain ranged from $50.00 to $64.75. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.80.

Notable Days

2018-01-12: Highest Volume — 5,399,160 contracts
2018-01-29: Largest IV spike — 15.6% change
2018-01-16: Highest IV Rank — 100.0%
2018-01-31: Largest Expected Move — 14.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$65.45	$59.46	$72.57	$59.46	$72.57
Max Pain	$59.30	$50.00	$64.75	$50.00	$64.75
ATM IV	33.3%	27.5%	43.5%	28.2%	42.5%
Expected Move	9.7%	4.8%	14.9%	5.0%	14.9%
HV 20d	15.1%	11.9%	17.8%	15.2%	15.5%
HV 60d	26.6%	17.4%	29.8%	29.3%	17.4%
IV Rank	90.3%	72.7%	100.0%	72.7%	97.0%
IV Percentile	93.9%	76.6%	100.0%	80.2%	99.2%
Term Structure	-1.7%	-2.5%	-0.9%	-1.1%	-2.0%
VWIV	34.1%	17.4%	51.7%	18.3%	51.7%
Skew 25d	0.7%	-0.3%	1.8%	1.8%	-0.3%
Skew 10d	1.0%	-1.1%	3.0%	2.7%	-1.1%
Call IV 25d	33.1%	27.3%	42.8%	28.8%	42.8%
Put IV 25d	33.8%	29.0%	42.8%	30.6%	42.5%
Bid-Ask Spread %	23.11	15.47	38.46	24.92	31.26
Gamma HHI	0.08	0.03	0.68	0.06	0.03
Net GEX	556.9M	205.3M	1.82B	505.3M	306.4M
Net DEX	-23.56B	-32.87B	-14.81B	-19.23B	-23.12B
Net VEX	-61.3M	-76.6M	-53.5M	-59.2M	-76.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.66	1.04	0.82	0.66
Total Volume	3,040,786.667	1,802,420	5,399,160	1,884,360	2,834,180
Total OI	13,346,145.714	9,204,340	16,483,260	13,487,360	12,314,800

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-01-02	$59.46	$50.00	28.2%	5.0%	15.2%	72.7%	18.3%	1.8%	-1.1%	505.3M	-19.23B	-59.2M	0.82	24.92	N/A	N/A	1,033,700	850,660	5,962,880	7,524,480
2018-01-03	$60.18	$50.00	28.3%	4.8%	12.1%	73.1%	17.4%	1.6%	-0.9%	828.6M	-22.01B	-57.0M	0.92	38.46	N/A	N/A	1,145,360	1,054,080	6,188,420	7,751,800
2018-01-04	$60.51	$57.00	28.1%	7.6%	11.9%	76.3%	27.0%	1.5%	-1.0%	887.4M	-22.84B	-56.5M	0.90	19.65	N/A	N/A	1,174,620	1,054,240	6,245,420	7,960,300
2018-01-05	$61.43	$57.50	27.5%	7.5%	12.6%	73.1%	26.5%	1.8%	-0.9%	758.9M	-25.77B	-54.9M	0.83	21.50	N/A	N/A	1,892,040	1,567,380	6,367,360	8,152,200
2018-01-08	$62.32	$58.00	28.8%	7.8%	13.1%	81.7%	27.7%	0.9%	-1.6%	511.8M	-25.11B	-53.5M	0.89	15.47	N/A	N/A	1,325,640	1,181,700	5,889,840	7,724,880
2018-01-09	$62.63	$58.25	29.0%	7.8%	13.1%	82.6%	28.1%	0.9%	-1.7%	537.1M	-25.72B	-54.6M	0.73	18.13	N/A	N/A	1,347,020	984,820	6,128,520	8,056,980
2018-01-10	$62.69	$59.00	29.9%	8.0%	13.1%	87.9%	28.7%	1.4%	-1.9%	621.6M	-25.69B	-57.2M	1.04	19.31	N/A	N/A	882,180	920,240	6,417,720	8,242,720
2018-01-11	$63.73	$58.75	28.9%	7.9%	13.5%	82.2%	28.4%	0.7%	-1.4%	800.9M	-29.00B	-55.9M	0.87	20.99	N/A	N/A	1,667,520	1,454,020	6,571,680	8,468,420
2018-01-12	$65.24	$59.00	30.3%	8.4%	15.0%	90.5%	29.8%	0.2%	-1.7%	657.2M	-32.87B	-54.7M	0.86	27.03	N/A	N/A	2,903,960	2,495,200	6,770,160	8,705,080
2018-01-16	$65.29	$59.50	34.0%	9.7%	15.0%	100.0%	34.2%	0.7%	-1.9%	454.7M	-29.10B	-57.3M	0.83	20.73	N/A	N/A	2,162,380	1,799,560	6,440,400	8,312,600
2018-01-17	$64.87	$60.00	33.7%	9.6%	15.5%	98.2%	33.9%	0.6%	-2.0%	242.5M	-26.90B	-60.6M	0.77	20.73	N/A	N/A	1,597,760	1,226,400	6,889,000	8,777,280
2018-01-18	$64.68	$60.00	33.2%	9.6%	15.4%	96.0%	33.8%	0.7%	-2.1%	205.3M	-26.54B	-61.0M	0.71	21.85	N/A	N/A	1,595,400	1,127,360	7,116,180	8,949,420
2018-01-19	$64.68	$60.00	33.0%	9.7%	15.3%	95.2%	33.9%	0.8%	-2.1%	221.6M	-26.36B	-62.7M	0.70	23.99	N/A	N/A	2,326,120	1,620,420	7,306,140	9,177,120
2018-01-22	$66.37	$60.00	32.3%	9.8%	16.4%	91.7%	34.3%	0.5%	-1.3%	372.6M	-14.81B	-59.7M	0.81	21.40	N/A	N/A	1,218,280	983,140	4,043,940	5,160,400
2018-01-23	$68.17	$60.25	33.9%	10.4%	17.6%	99.4%	36.6%	0.4%	-1.6%	410.8M	-18.41B	-58.0M	0.81	21.73	N/A	N/A	1,972,320	1,592,520	4,325,040	5,499,220
2018-01-24	$67.94	$61.50	36.1%	11.3%	17.4%	100.0%	39.4%	0.3%	-1.7%	378.6M	-17.40B	-66.3M	0.72	20.67	N/A	N/A	2,383,940	1,717,620	4,672,860	6,010,140
2018-01-25	$68.87	$62.25	36.9%	11.6%	17.6%	100.0%	40.8%	0.1%	-1.9%	669.3M	-20.09B	-68.8M	0.72	22.70	N/A	N/A	1,794,100	1,289,960	5,182,820	6,463,000
2018-01-26	$70.00	$62.50	37.6%	12.1%	17.8%	100.0%	42.2%	-0.1%	-2.0%	1.82B	-23.14B	-67.5M	0.71	28.15	N/A	N/A	2,731,080	1,942,780	5,378,140	6,717,840
2018-01-29	$70.92	$63.00	43.5%	14.7%	17.7%	100.0%	51.1%	0.2%	-2.5%	234.1M	-19.36B	-70.4M	0.74	23.95	N/A	N/A	1,648,500	1,215,820	4,740,960	5,960,840
2018-01-30	$71.96	$64.00	42.7%	14.9%	15.7%	97.6%	51.6%	0.2%	-1.9%	270.8M	-21.40B	-74.6M	0.70	22.77	N/A	N/A	1,263,180	879,320	5,266,740	6,435,320
2018-01-31	$72.57	$64.75	42.5%	14.9%	15.5%	97.0%	51.7%	-0.3%	-2.0%	306.4M	-23.12B	-76.6M	0.66	31.26	N/A	N/A	1,704,160	1,130,020	5,592,580	6,722,220