AMZN Options History — March 2020

In March 2020, AMZN traded between $84.66 and $98.02. ATM implied volatility averaged 49.5%, placing in the 78.7% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 0.1% (HV 20d: 49.4%). Max pain ranged from $95.00 to $100.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.79.

Notable Days

  • 2020-03-20: Highest Volume — 4,793,460 contracts
  • 2020-03-12: Largest IV spike — 28.5% change
  • 2020-03-09: Highest IV Rank — 100.0%
  • 2020-03-16: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$93.50$84.66$98.02$96.38$97.95
Max Pain$97.24$95.00$100.00$99.50$96.25
ATM IV49.5%33.4%65.1%35.9%43.1%
Expected Move13.9%9.9%18.4%10.9%11.3%
HV 20d49.4%35.5%62.0%35.5%57.3%
HV 60d36.4%28.7%42.6%28.7%41.9%
IV Rank78.7%54.4%100.0%62.4%54.9%
IV Percentile98.2%93.3%100.0%99.2%93.3%
Term Structure-0.8%-3.1%2.0%-0.8%-0.8%
VWIV48.6%35.8%63.6%40.1%40.9%
Skew 25d13.9%8.4%19.8%11.1%8.7%
Skew 10d26.2%14.9%36.7%22.6%15.7%
Call IV 25d42.4%28.4%53.2%30.7%39.0%
Put IV 25d56.3%38.9%73.0%41.9%47.6%
Bid-Ask Spread %18.305.1840.2836.2332.00
Gamma HHI0.020.020.030.020.03
Net GEX-2.7M-408.8M364.8M-65.0M166.2M
Net DEX1.52B-9.56B19.44B1.64B-9.11B
Net VEX-142.0M-153.8M-128.8M-135.5M-144.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.551.000.760.80
Total Volume3,144,8402,102,5804,793,4602,852,9002,102,580
Total OI12,585,111.81810,588,68014,309,34011,994,14011,278,560

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$96.38$99.5035.9%10.9%35.5%62.4%40.1%11.1%-0.8%-65.0M1.64B-135.5M0.7636.23N/AN/A1,620,5001,232,4005,936,6406,057,500
2020-03-03$95.78$99.0038.0%11.6%35.5%69.1%39.8%12.3%-1.1%-21.1M2.49B-139.5M0.7438.34N/AN/A2,111,5001,556,0406,292,5006,306,420
2020-03-04$98.02$98.7533.4%9.9%35.7%54.4%35.8%10.5%-0.4%291.6M-3.77B-140.3M0.7640.28N/AN/A1,659,4001,253,3006,634,7406,536,960
2020-03-05$96.01$100.0041.1%11.3%36.2%79.1%40.4%14.3%-1.0%-71.1M2.58B-143.0M0.975.72N/AN/A1,555,7201,515,1206,841,8406,713,740
2020-03-06$94.55$100.0042.6%11.9%36.4%84.0%42.1%16.7%-0.7%-408.8M7.02B-142.2M0.725.62N/AN/A2,553,9201,833,6206,950,9006,843,100
2020-03-09$90.86$100.0048.6%13.6%37.9%100.0%46.0%16.6%-1.1%-253.6M10.43B-135.5M0.735.18N/AN/A1,578,9401,148,7206,012,2406,098,600
2020-03-10$94.21$99.5044.6%12.4%39.3%87.4%44.1%14.9%-1.3%-32.8M3.54B-140.7M0.727.29N/AN/A1,644,5601,179,7806,365,1806,306,520
2020-03-11$91.53$98.0047.6%13.2%39.5%97.0%46.2%14.8%-1.6%-193.4M8.74B-137.7M0.906.04N/AN/A1,370,8001,231,5806,591,2606,553,040
2020-03-12$84.66$97.5061.2%16.9%46.3%100.0%55.6%18.0%-3.1%-403.5M19.44B-128.8M0.837.94N/AN/A2,243,2201,869,7406,853,3006,714,080
2020-03-13$86.97$97.5054.1%15.2%48.3%84.1%51.7%18.4%-2.2%-299.6M15.81B-129.1M0.8612.15N/AN/A2,152,9601,856,3207,176,8406,796,960
2020-03-16$85.82$97.0065.1%18.4%48.3%100.0%62.6%19.8%0.2%-193.8M12.78B-132.9M1.008.74N/AN/A1,297,6401,293,8206,104,5806,155,000
2020-03-17$90.67$96.5061.9%17.6%53.2%93.5%61.6%19.5%1.2%-50.6M4.97B-143.7M0.776.58N/AN/A2,129,6201,647,8006,286,5006,434,140
2020-03-18$89.56$95.0064.3%18.4%52.9%98.4%63.6%19.8%1.4%-77.0M5.72B-147.2M0.8412.04N/AN/A1,863,1401,560,4206,636,3806,755,880
2020-03-19$96.04$95.0055.1%15.8%59.9%79.5%56.5%17.8%1.0%364.8M-8.26B-153.8M0.7312.58N/AN/A2,590,2601,884,6606,929,7206,908,600
2020-03-20$91.42$95.2555.2%15.6%61.5%79.7%52.9%14.6%2.0%-73.9M2.73B-147.0M0.6818.58N/AN/A2,844,9401,948,5207,130,4607,178,880
2020-03-23$94.75$95.2552.3%14.5%62.0%73.9%51.7%12.3%-1.6%149.5M-4.85B-146.9M0.7316.78N/AN/A1,408,6401,030,3805,361,5005,227,180
2020-03-24$96.23$95.2549.7%13.8%62.0%68.4%49.1%8.4%-2.1%285.4M-7.91B-145.2M0.7325.80N/AN/A1,472,8601,077,9005,667,3805,487,640
2020-03-25$95.37$96.0051.4%14.3%62.0%71.9%49.6%9.4%-1.6%176.7M-6.08B-148.2M0.5523.35N/AN/A1,552,640846,4005,863,8405,710,960
2020-03-26$96.61$96.0049.0%13.2%60.4%67.0%46.9%8.9%-1.8%335.3M-8.64B-149.0M0.8623.64N/AN/A1,284,3201,098,5006,148,2205,904,840
2020-03-27$95.71$96.0049.3%13.1%59.2%67.5%46.3%9.5%-1.4%134.2M-6.37B-147.7M0.7329.90N/AN/A1,616,2601,184,4206,291,1406,137,320
2020-03-30$98.02$96.0045.7%12.1%57.4%60.2%45.0%8.6%-0.2%181.2M-9.56B-145.8M0.8927.83N/AN/A1,210,4601,072,1605,290,6205,400,760
2020-03-31$97.95$96.2543.1%11.3%57.3%54.9%40.9%8.7%-0.8%166.2M-9.11B-144.1M0.8032.00N/AN/A1,167,200935,3805,583,9405,694,620