AMZN Options History — February 2018

In February 2018, AMZN traded between $66.92 and $76.00. ATM implied volatility averaged 32.3%, placing in the 63.3% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 1.0% (HV 20d: 31.3%). Max pain ranged from $64.50 to $70.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.87.

Notable Days

2018-02-02: Highest Volume — 6,982,420 contracts
2018-02-05: Largest IV spike — 24.3% change
2018-02-08: Highest IV Rank — 93.3%
2018-02-08: Largest Expected Move — 11.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$72.19	$66.92	$76.00	$70.03	$75.75
Max Pain	$68.18	$64.50	$70.00	$64.50	$70.00
ATM IV	32.3%	26.3%	41.4%	39.7%	27.6%
Expected Move	9.2%	7.4%	11.7%	10.5%	8.0%
HV 20d	31.3%	22.4%	35.1%	22.4%	33.0%
HV 60d	23.1%	19.2%	24.8%	19.2%	23.5%
IV Rank	63.3%	43.5%	93.3%	87.5%	47.5%
IV Percentile	87.9%	63.1%	98.8%	98.8%	73.0%
Term Structure	-0.3%	-2.1%	0.2%	-2.1%	-0.3%
VWIV	32.7%	27.2%	41.2%	36.8%	28.5%
Skew 25d	3.0%	-0.2%	6.0%	-0.2%	3.4%
Skew 10d	5.8%	-1.8%	10.4%	-1.8%	6.4%
Call IV 25d	31.4%	25.3%	40.2%	40.1%	26.4%
Put IV 25d	34.4%	28.2%	43.7%	39.8%	29.8%
Bid-Ask Spread %	33.61	21.68	45.97	41.36	45.15
Gamma HHI	0.06	0.02	0.56	0.03	0.02
Net GEX	464.8M	-237.8M	2.38B	244.4M	410.5M
Net DEX	-19.73B	-26.11B	-5.28B	-18.38B	-24.07B
Net VEX	-98.6M	-108.3M	-79.7M	-81.6M	-103.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.87	0.74	1.01	0.84	0.99
Total Volume	3,421,306.316	2,259,800	6,982,420	3,854,160	2,259,800
Total OI	13,832,050.526	12,225,480	15,466,060	13,105,500	14,119,940

Daily Data (19 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
2018-02-01	$70.03	$64.50	39.7%	10.5%	22.4%	87.5%	36.8%	-0.2%	-2.1%	244.4M	-18.38B	-81.6M	0.84	41.36	N/A	N/A	2,097,600	1,756,560	6,051,720	7,053,780
2018-02-02	$71.46	$65.00	32.8%	9.4%	22.8%	64.9%	33.0%	0.5%	0.1%	617.3M	-21.82B	-79.7M	0.98	29.67	N/A	N/A	3,527,700	3,454,720	6,437,380	7,682,420
2018-02-05	$70.15	$66.00	40.8%	11.3%	24.6%	91.3%	39.5%	3.0%	-1.4%	127.1M	-14.96B	-89.8M	0.96	45.86	N/A	N/A	1,849,200	1,782,020	5,626,740	6,740,220
2018-02-06	$72.03	$66.25	34.4%	9.8%	25.4%	70.1%	35.4%	2.8%	-0.4%	321.6M	-19.15B	-98.2M	0.96	24.60	N/A	N/A	1,548,580	1,480,240	6,090,740	7,294,400
2018-02-07	$71.06	$66.50	34.4%	9.8%	26.5%	69.9%	34.6%	2.7%	-0.1%	274.8M	-17.45B	-98.8M	0.97	24.99	N/A	N/A	1,425,780	1,387,960	6,346,720	7,506,140
2018-02-08	$67.76	$67.50	41.4%	11.7%	32.7%	93.3%	41.2%	3.5%	-1.0%	-212.7M	-7.38B	-106.5M	0.74	24.29	N/A	N/A	1,967,980	1,461,040	6,626,660	7,864,860
2018-02-09	$66.92	$67.50	39.8%	11.3%	32.8%	88.0%	39.4%	6.0%	-0.5%	-237.8M	-5.28B	-108.3M	0.81	28.10	N/A	N/A	3,322,680	2,703,020	7,039,140	7,973,280
2018-02-12	$69.28	$68.00	34.3%	9.8%	34.0%	69.9%	34.8%	4.4%	-0.2%	167.5M	-14.43B	-103.6M	0.82	32.99	N/A	N/A	1,400,020	1,142,300	6,344,680	7,322,260
2018-02-13	$70.77	$68.50	32.7%	9.4%	34.6%	64.5%	33.8%	3.8%	-0.0%	374.8M	-19.06B	-103.3M	0.95	21.68	N/A	N/A	1,327,460	1,265,360	6,618,420	7,550,560
2018-02-14	$72.51	$69.00	28.9%	8.3%	35.1%	51.9%	30.3%	2.6%	0.0%	650.1M	-24.78B	-99.5M	0.93	25.18	N/A	N/A	1,589,100	1,475,780	6,814,600	7,772,140
2018-02-15	$72.91	$69.00	28.4%	8.1%	34.9%	50.4%	29.4%	2.9%	0.1%	733.8M	-26.11B	-100.2M	0.78	29.55	N/A	N/A	1,776,360	1,382,420	6,972,720	8,086,180
2018-02-16	$72.44	$69.00	29.2%	8.4%	35.1%	52.9%	30.5%	2.9%	0.2%	491.9M	-23.94B	-101.6M	0.87	33.51	N/A	N/A	1,816,780	1,574,000	7,142,640	8,323,420
2018-02-20	$73.49	$69.00	29.7%	8.5%	34.5%	54.7%	30.5%	3.0%	-0.1%	411.8M	-20.40B	-98.5M	0.79	35.40	N/A	N/A	1,816,380	1,442,240	5,562,180	6,663,300
2018-02-21	$74.21	$69.75	29.0%	8.3%	33.6%	52.4%	29.9%	2.7%	0.1%	501.6M	-22.08B	-99.6M	0.76	36.05	N/A	N/A	1,884,120	1,430,720	5,895,560	7,131,040
2018-02-22	$74.20	$70.00	30.0%	8.6%	33.5%	55.6%	31.0%	3.4%	-0.0%	523.4M	-21.48B	-101.4M	0.88	35.70	N/A	N/A	1,622,320	1,421,880	6,153,260	7,414,060
2018-02-23	$75.00	$70.00	27.6%	7.7%	33.4%	47.5%	27.9%	3.3%	0.1%	2.38B	-24.79B	-101.0M	0.79	41.06	N/A	N/A	1,941,740	1,530,560	6,460,380	7,711,960
2018-02-26	$76.00	$70.00	26.3%	7.4%	33.3%	43.5%	27.2%	3.0%	-0.0%	565.0M	-25.12B	-96.6M	0.79	37.44	N/A	N/A	1,542,920	1,221,900	5,828,980	7,018,980
2018-02-27	$75.72	$70.00	27.4%	7.8%	33.2%	46.8%	28.3%	3.2%	-0.0%	482.6M	-24.27B	-102.1M	1.01	45.97	N/A	N/A	1,183,900	1,191,680	6,173,320	7,394,180
2018-02-28	$75.75	$70.00	27.6%	8.0%	33.0%	47.5%	28.5%	3.4%	-0.3%	410.5M	-24.07B	-103.1M	0.99	45.15	N/A	N/A	1,134,040	1,125,760	6,388,960	7,730,980