AMZN Options History — September 2020

In September 2020, AMZN traded between $146.71 and $176.47. ATM implied volatility averaged 45.5%, placing in the 59.7% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 6.0% (HV 20d: 39.5%). Max pain ranged from $152.00 to $157.50. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.64.

Notable Days

  • 2020-09-04: Highest Volume — 8,488,960 contracts
  • 2020-09-03: Largest IV spike — 17.1% change
  • 2020-09-03: Highest IV Rank — 70.2%
  • 2020-09-03: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$157.94$146.71$176.47$175.05$157.45
Max Pain$155.49$152.00$157.50$153.75$155.00
ATM IV45.5%39.9%50.6%39.9%47.4%
Expected Move12.5%10.4%14.7%10.4%11.3%
HV 20d39.5%25.3%47.8%26.4%46.8%
HV 60d37.4%32.6%40.9%33.2%38.6%
IV Rank59.7%48.3%70.2%48.3%63.7%
IV Percentile82.5%73.8%90.9%75.4%84.1%
Term Structure2.1%-1.2%4.3%1.6%3.4%
VWIV43.8%37.8%51.6%37.8%39.8%
Skew 25d3.2%1.3%5.6%1.4%1.5%
Skew 10d5.3%0.2%10.9%4.3%2.1%
Call IV 25d44.2%39.0%49.1%40.0%46.9%
Put IV 25d47.3%41.4%53.5%41.4%48.5%
Bid-Ask Spread %27.4212.5344.3744.3721.15
Gamma HHI0.030.020.060.040.03
Net GEX702.1M-867.6M2.06B2.06B1.33B
Net DEX-36.66B-82.20B-4.73B-78.97B-41.39B
Net VEX-257.9M-276.4M-240.4M-245.0M-263.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.480.910.530.61
Total Volume5,068,483.812,779,1408,488,9603,605,6804,540,620
Total OI16,524,963.8115,000,94018,627,00015,000,94016,187,960

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$175.05$153.7539.9%10.4%26.4%48.3%37.8%1.4%1.6%2.06B-78.97B-245.0M0.5344.37N/AN/A2,355,8001,249,8808,200,5406,800,400
2020-09-02$176.47$155.0043.2%11.1%25.3%55.1%40.3%1.9%1.4%1.80B-82.20B-258.8M0.6043.33N/AN/A2,496,4601,509,5408,537,7207,264,360
2020-09-03$167.23$155.0050.6%14.7%32.6%70.2%51.6%4.3%0.6%96.8M-46.70B-274.1M0.6515.94N/AN/A4,037,7402,615,5808,744,3007,519,700
2020-09-04$165.18$157.0049.1%14.4%31.9%67.3%50.7%5.6%-0.2%-266.0M-41.80B-276.4M0.7822.89N/AN/A4,776,5603,712,4009,300,6007,778,460
2020-09-08$157.62$157.5050.0%14.0%36.2%69.0%48.9%5.6%-1.2%436.5M-32.64B-263.3M0.5418.02N/AN/A2,323,5201,260,9608,549,8806,912,820
2020-09-09$164.08$157.5043.0%12.8%38.4%54.7%44.4%4.8%1.4%1.05B-51.55B-262.7M0.5526.17N/AN/A2,902,3801,589,7608,981,7007,218,800
2020-09-10$159.36$157.5044.6%12.8%39.3%57.9%44.6%5.4%0.4%405.0M-36.03B-260.9M0.6528.00N/AN/A3,885,4602,516,3009,360,6607,541,960
2020-09-11$155.25$157.5041.1%12.1%40.4%50.8%41.2%5.0%1.6%-444.4M-20.60B-248.9M0.9129.35N/AN/A3,755,6803,422,1209,953,5007,863,760
2020-09-14$155.24$157.5041.8%12.0%40.1%52.1%41.9%4.4%2.1%370.3M-27.85B-243.9M0.6429.51N/AN/A2,189,6401,409,5609,035,3007,124,380
2020-09-15$157.12$157.5041.0%11.8%39.9%50.6%41.4%3.4%1.7%569.0M-33.77B-248.3M0.5928.28N/AN/A2,276,7401,338,5809,408,5007,410,500
2020-09-16$155.00$157.0042.8%12.3%37.3%54.1%43.0%3.9%1.4%445.1M-27.36B-250.6M0.6429.57N/AN/A2,085,0801,344,7209,756,4607,654,000
2020-09-17$149.74$157.0044.0%12.5%38.7%56.8%43.9%3.6%1.9%-414.5M-11.64B-241.2M0.7523.98N/AN/A3,528,7402,633,24010,025,8007,843,940
2020-09-18$147.08$155.0043.6%12.3%38.5%56.0%43.2%2.9%1.9%-867.6M-4.73B-240.4M0.7920.91N/AN/A4,464,7803,519,96010,493,4208,133,580
2020-09-21$146.71$152.0045.3%12.5%38.5%59.4%44.6%2.3%4.0%452.4M-15.40B-245.9M0.6025.07N/AN/A2,380,4201,417,7208,852,3006,225,300
2020-09-22$156.34$152.0046.3%12.5%45.5%61.3%44.3%1.3%3.7%1.51B-43.52B-268.1M0.4831.79N/AN/A4,171,5001,991,3809,510,4406,539,800
2020-09-23$150.44$152.5047.9%13.1%46.9%64.6%45.8%2.2%3.8%785.6M-24.71B-263.3M0.6428.73N/AN/A2,732,8001,754,6809,818,7006,844,380
2020-09-24$151.41$154.0048.9%13.0%45.5%66.9%46.1%1.9%3.8%852.7M-27.16B-267.4M0.6031.05N/AN/A3,440,5002,052,34010,000,0207,095,960
2020-09-25$154.39$155.0047.4%12.3%46.4%63.7%43.6%1.6%4.3%1.94B-36.53B-266.2M0.6837.12N/AN/A3,836,8802,602,90010,215,7207,362,460
2020-09-28$158.60$155.0048.3%12.0%47.8%65.6%42.3%1.6%3.1%1.36B-45.03B-264.3M0.6328.12N/AN/A2,166,1801,369,9208,844,5006,402,600
2020-09-29$157.05$155.0048.2%11.7%47.0%65.3%40.9%1.6%3.2%1.27B-40.38B-262.9M0.6412.53N/AN/A1,698,1801,080,9609,118,2006,590,860
2020-09-30$157.45$155.0047.4%11.3%46.8%63.7%39.8%1.5%3.4%1.33B-41.39B-263.1M0.6121.15N/AN/A2,814,5601,726,0609,361,1806,826,780