AMZN Options History — July 2018

In July 2018, AMZN traded between $84.70 and $92.77. ATM implied volatility averaged 31.6%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 10.5% (HV 20d: 21.1%). Max pain ranged from $81.00 to $88.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.93.

Notable Days

2018-07-27: Highest Volume — 8,970,740 contracts
2018-07-27: Largest IV drop — 28.2% change
2018-07-05: Highest IV Rank — 55.2%
2018-07-26: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$89.21	$84.70	$92.77	$85.47	$88.88
Max Pain	$84.67	$81.00	$88.50	$84.00	$88.50
ATM IV	31.6%	25.4%	36.0%	35.0%	25.8%
Expected Move	8.7%	6.9%	11.0%	6.9%	7.2%
HV 20d	21.1%	17.6%	23.3%	21.1%	21.0%
HV 60d	20.4%	16.1%	23.6%	23.4%	18.1%
IV Rank	42.3%	24.0%	55.2%	52.2%	25.2%
IV Percentile	75.2%	51.2%	86.9%	85.7%	52.0%
Term Structure	-1.2%	-1.8%	0.2%	-1.4%	-0.2%
VWIV	30.8%	24.9%	38.5%	24.9%	25.6%
Skew 25d	2.6%	1.9%	4.0%	4.0%	2.8%
Skew 10d	4.6%	2.9%	7.2%	7.2%	5.6%
Call IV 25d	30.4%	24.6%	34.6%	33.0%	24.8%
Put IV 25d	33.0%	26.8%	38.2%	37.0%	27.6%
Bid-Ask Spread %	20.10	9.27	55.57	51.68	17.13
Gamma HHI	0.04	0.02	0.08	0.03	0.02
Net GEX	612.4M	-219.6M	1.54B	463.4M	-219.6M
Net DEX	-28.02B	-42.21B	-15.82B	-22.13B	-16.28B
Net VEX	-129.3M	-143.5M	-115.3M	-131.7M	-143.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.93	0.69	1.12	0.90	1.12
Total Volume	3,873,603.81	1,708,580	8,970,740	2,153,280	3,294,300
Total OI	15,703,553.333	14,142,180	18,218,140	14,430,640	15,973,980

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
2018-07-02	$85.47	$84.00	35.0%	6.9%	21.1%	52.2%	24.9%	4.0%	-1.4%	463.4M	-22.13B	-131.7M	0.90	51.68	N/A	N/A	1,135,480	1,017,800	6,589,240	7,841,400
2018-07-03	$84.70	$84.00	35.5%	7.3%	20.4%	53.6%	26.0%	3.4%	-1.0%	312.5M	-19.30B	-134.1M	0.89	55.57	N/A	N/A	904,740	803,840	6,843,100	8,150,780
2018-07-05	$85.06	$81.00	36.0%	9.6%	20.4%	55.2%	33.7%	3.6%	-1.8%	385.6M	-20.51B	-134.0M	0.96	9.27	N/A	N/A	1,349,780	1,291,280	7,010,500	8,332,080
2018-07-06	$85.57	$81.00	33.9%	9.1%	20.5%	49.0%	32.0%	3.2%	-1.6%	1.52B	-24.06B	-128.9M	0.90	12.46	N/A	N/A	1,799,100	1,625,960	7,186,080	8,481,880
2018-07-09	$86.89	$81.00	33.2%	8.9%	21.1%	46.9%	31.8%	3.2%	-1.5%	921.6M	-27.40B	-122.1M	0.91	14.19	N/A	N/A	1,432,840	1,310,300	6,560,480	7,705,380
2018-07-10	$87.05	$81.50	32.9%	8.9%	21.0%	45.9%	31.6%	3.0%	-1.5%	1.12B	-28.31B	-124.7M	0.94	15.91	N/A	N/A	1,361,340	1,285,120	6,868,700	8,109,760
2018-07-11	$87.65	$81.50	32.6%	8.9%	21.1%	45.1%	31.4%	3.2%	-1.6%	1.41B	-30.76B	-125.2M	1.00	18.04	N/A	N/A	1,297,100	1,292,220	7,039,720	8,380,220
2018-07-12	$89.75	$82.00	31.9%	8.8%	22.4%	43.0%	31.3%	2.9%	-1.6%	1.52B	-40.01B	-118.0M	0.69	17.24	N/A	N/A	3,723,160	2,569,740	7,174,600	8,635,100
2018-07-13	$90.68	$82.50	30.7%	8.5%	22.5%	39.5%	30.0%	2.5%	-1.7%	1.54B	-42.21B	-115.3M	0.74	16.18	N/A	N/A	3,564,600	2,651,860	7,261,440	9,079,520
2018-07-16	$91.38	$84.50	31.3%	8.8%	22.4%	41.3%	31.4%	2.5%	-1.1%	834.5M	-37.04B	-115.5M	0.79	15.93	N/A	N/A	2,593,440	2,044,140	6,709,500	8,371,520
2018-07-17	$92.52	$85.00	30.2%	8.6%	22.6%	38.0%	30.5%	1.9%	-1.0%	1.07B	-40.44B	-116.5M	0.81	10.39	N/A	N/A	2,609,680	2,110,780	7,142,560	8,994,400
2018-07-18	$92.17	$85.00	30.9%	8.9%	22.8%	40.1%	31.4%	2.0%	-1.1%	1.11B	-38.92B	-124.0M	0.75	15.82	N/A	N/A	1,901,820	1,429,360	7,527,140	9,489,220
2018-07-19	$90.82	$85.50	32.1%	9.3%	23.3%	43.5%	32.5%	1.9%	-1.3%	270.6M	-31.90B	-128.1M	1.05	21.17	N/A	N/A	2,758,960	2,892,980	7,774,780	9,773,720
2018-07-20	$90.81	$86.00	31.5%	9.2%	22.6%	42.0%	32.1%	1.9%	-1.3%	-166.5M	-31.69B	-129.2M	0.96	19.12	N/A	N/A	2,831,300	2,718,300	8,055,580	10,162,560
2018-07-23	$89.89	$87.00	32.1%	9.6%	22.9%	43.7%	33.5%	2.2%	-1.0%	723.8K	-20.49B	-136.3M	1.10	19.20	N/A	N/A	954,840	1,047,320	5,973,280	8,168,900
2018-07-24	$91.16	$87.00	31.5%	9.5%	18.1%	41.8%	33.1%	2.1%	-1.0%	93.7M	-24.51B	-135.4M	0.96	13.93	N/A	N/A	1,115,100	1,074,120	6,263,420	8,515,960
2018-07-25	$92.77	$87.00	29.9%	9.1%	17.6%	37.2%	32.1%	1.9%	-1.0%	273.8M	-29.17B	-136.9M	1.09	15.42	N/A	N/A	1,063,180	1,157,780	6,522,120	8,733,420
2018-07-26	$90.44	$87.50	35.4%	11.0%	19.5%	53.2%	38.5%	2.0%	-1.7%	14.3M	-21.58B	-138.9M	0.99	30.99	N/A	N/A	2,406,480	2,392,660	6,718,760	9,011,020
2018-07-27	$90.98	$88.00	25.4%	7.2%	18.6%	24.0%	25.9%	2.3%	0.2%	576.6M	-25.81B	-136.3M	0.97	16.90	N/A	N/A	4,554,740	4,416,000	7,635,540	9,866,920
2018-07-30	$88.82	$88.50	26.7%	7.6%	21.0%	27.9%	26.9%	2.6%	-0.3%	-210.2M	-15.82B	-141.6M	1.00	15.64	N/A	N/A	1,781,380	1,780,760	6,541,340	8,599,000
2018-07-31	$88.88	$88.50	25.8%	7.2%	21.0%	25.2%	25.6%	2.8%	-0.2%	-219.6M	-16.28B	-143.5M	1.12	17.13	N/A	N/A	1,554,620	1,739,680	6,991,340	8,982,640