AMZN Options History — May 2022

In May 2022, AMZN traded between $104.81 and $125.39. ATM implied volatility averaged 48.3%, placing in the 83.8% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded below realized volatility by 24.4% (HV 20d: 72.8%). Max pain ranged from $125.00 to $152.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.82.

Notable Days

2022-05-06: Highest Volume — 8,068,380 contracts
2022-05-05: Largest IV spike — 22.6% change
2022-05-09: Highest IV Rank — 100.0%
2022-05-12: Largest Expected Move — 15.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$112.28	$104.81	$125.39	$122.82	$121.41
Max Pain	$140.14	$125.00	$152.00	$149.25	$125.00
ATM IV	48.3%	39.2%	54.9%	43.7%	45.8%
Expected Move	14.1%	11.6%	15.6%	13.3%	14.4%
HV 20d	72.8%	55.7%	78.6%	69.1%	60.0%
HV 60d	55.2%	50.9%	58.6%	58.0%	58.6%
IV Rank	83.8%	60.5%	100.0%	73.4%	75.0%
IV Percentile	96.5%	89.3%	100.0%	96.0%	92.1%
Term Structure	-0.9%	-2.2%	0.5%	0.1%	-1.6%
VWIV	49.2%	40.7%	53.8%	47.4%	51.7%
Skew 25d	8.8%	6.1%	11.1%	7.9%	6.1%
Skew 10d	16.2%	11.6%	19.7%	14.5%	11.6%
Call IV 25d	44.5%	36.5%	50.0%	40.2%	43.1%
Put IV 25d	53.3%	43.0%	61.0%	48.1%	49.2%
Bid-Ask Spread %	13.21	9.06	19.23	9.53	18.23
Gamma HHI	0.03	0.02	0.15	0.03	0.02
Net GEX	-122.9M	-789.3M	845.6M	-392.7M	419.6M
Net DEX	33.39B	4.10B	45.06B	40.97B	4.10B
Net VEX	-201.3M	-241.8M	-176.8M	-225.3M	-241.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.51	1.00	0.91	0.51
Total Volume	5,710,885.714	3,584,020	8,068,380	5,449,660	7,741,340
Total OI	17,959,545.714	16,058,080	19,678,660	16,058,080	17,153,000

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
2022-05-02	$122.82	$149.25	43.7%	13.3%	69.1%	73.4%	47.4%	7.9%	0.1%	-392.7M	40.97B	-225.3M	0.91	9.53	N/A	N/A	2,860,000	2,589,660	8,712,300	7,345,780
2022-05-03	$123.49	$148.00	42.2%	12.8%	67.4%	69.0%	44.6%	7.0%	-0.2%	-293.4M	38.85B	-229.0M	0.69	12.68	N/A	N/A	2,315,220	1,598,660	9,154,200	7,652,040
2022-05-04	$125.39	$147.75	39.2%	11.6%	68.2%	60.5%	40.7%	6.6%	0.5%	-156.0M	35.35B	-235.7M	0.70	17.39	N/A	N/A	3,392,640	2,363,260	9,539,720	7,778,400
2022-05-05	$116.10	$152.00	48.1%	13.5%	71.7%	86.1%	47.0%	9.1%	-0.4%	-495.5M	44.21B	-206.4M	0.86	9.76	N/A	N/A	3,719,560	3,215,800	10,035,280	7,831,840
2022-05-06	$114.84	$150.00	46.1%	13.2%	71.6%	80.4%	45.9%	9.0%	0.0%	-789.3M	45.06B	-202.9M	0.89	9.74	N/A	N/A	4,277,840	3,790,540	10,758,560	8,153,600
2022-05-09	$108.85	$150.00	52.9%	15.0%	72.8%	100.0%	51.2%	10.6%	-0.6%	-330.8M	44.45B	-187.2M	0.87	9.25	N/A	N/A	2,393,220	2,084,780	9,525,140	7,421,440
2022-05-10	$108.35	$146.50	52.2%	14.8%	72.9%	98.0%	50.5%	10.3%	-0.7%	-305.1M	43.11B	-185.5M	0.90	9.16	N/A	N/A	2,329,000	2,105,400	10,150,920	7,551,600
2022-05-11	$105.60	$145.00	52.9%	15.0%	72.6%	100.0%	51.3%	10.5%	-0.7%	-369.1M	43.88B	-176.8M	0.95	9.06	N/A	N/A	2,329,120	2,223,900	10,564,780	7,604,300
2022-05-12	$106.30	$143.50	54.9%	15.6%	70.9%	100.0%	53.8%	11.1%	-0.9%	-296.3M	40.15B	-182.5M	1.00	10.69	N/A	N/A	3,321,600	3,311,400	10,952,120	7,541,840
2022-05-13	$112.76	$141.50	48.5%	13.8%	76.1%	82.4%	48.9%	9.1%	-0.4%	133.9M	30.33B	-206.9M	0.75	12.65	N/A	N/A	3,980,920	3,005,160	11,361,760	7,773,740
2022-05-16	$110.58	$140.00	49.3%	14.1%	75.8%	84.6%	49.8%	9.2%	-1.5%	-91.3M	33.83B	-195.2M	0.80	11.08	N/A	N/A	1,987,220	1,596,800	10,310,980	7,153,720
2022-05-17	$114.80	$140.00	45.9%	13.2%	75.8%	75.5%	46.4%	8.0%	-1.6%	100.6M	28.29B	-209.2M	0.69	19.23	N/A	N/A	2,645,660	1,817,560	10,726,340	7,358,040
2022-05-18	$106.93	$140.00	53.2%	15.2%	78.3%	95.2%	52.2%	9.9%	-2.2%	-246.9M	36.68B	-185.8M	0.98	11.33	N/A	N/A	2,626,920	2,565,280	11,078,480	7,513,320
2022-05-19	$108.03	$138.50	49.9%	14.4%	78.3%	86.2%	49.8%	8.9%	-1.9%	-172.9M	34.52B	-189.1M	0.87	14.01	N/A	N/A	2,922,380	2,542,800	11,475,700	7,676,260
2022-05-20	$107.20	$137.50	49.6%	14.4%	78.3%	85.5%	48.9%	9.3%	-2.2%	-339.6M	36.22B	-184.7M	0.98	17.35	N/A	N/A	3,674,640	3,597,360	11,710,960	7,967,700
2022-05-23	$106.91	$135.00	50.6%	15.1%	78.2%	88.1%	52.8%	9.5%	-1.2%	-61.0M	30.18B	-186.7M	0.83	11.03	N/A	N/A	2,917,560	2,434,420	9,447,300	6,863,340
2022-05-24	$104.81	$132.50	51.7%	15.5%	77.7%	91.3%	52.7%	9.9%	-1.2%	-134.9M	31.92B	-183.0M	0.95	12.95	N/A	N/A	2,700,800	2,554,980	10,071,740	7,390,500
2022-05-25	$106.80	$130.00	49.2%	14.8%	78.6%	84.3%	51.9%	8.7%	-0.9%	8.2M	28.26B	-191.9M	0.75	16.78	N/A	N/A	2,746,960	2,064,020	10,518,560	7,640,420
2022-05-26	$111.44	$126.00	46.0%	13.9%	78.1%	75.8%	49.1%	7.8%	-0.6%	385.2M	19.04B	-206.4M	0.72	17.30	N/A	N/A	3,525,780	2,531,260	10,730,940	7,852,360
2022-05-27	$114.46	$125.00	43.2%	13.0%	55.7%	68.1%	46.0%	6.6%	-0.5%	845.6M	11.91B	-215.5M	0.67	18.12	N/A	N/A	4,499,900	3,027,280	11,006,560	8,094,880
2022-05-31	$121.41	$125.00	45.8%	14.4%	60.0%	75.0%	51.7%	6.1%	-1.6%	419.6M	4.10B	-241.8M	0.51	18.23	N/A	N/A	5,139,220	2,602,120	9,809,340	7,343,660