AMZN Options History — December 2022

In December 2022, AMZN traded between $81.93 and $95.53. ATM implied volatility averaged 42.0%, placing in the 48.9% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 2.6% (HV 20d: 39.4%). Max pain ranged from $90.00 to $105.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.36.

Notable Days

2022-12-28: Highest Volume — 2,167,169 contracts
2022-12-13: Largest IV drop — 8.1% change
2022-12-30: Highest IV Rank — 61.2%
2022-12-28: Largest Expected Move — 12.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$87.84	$81.93	$95.53	$95.53	$83.25
Max Pain	$97.43	$90.00	$105.00	$95.00	$90.00
ATM IV	42.0%	38.0%	46.8%	38.7%	46.8%
Expected Move	12.0%	11.3%	12.7%	12.3%	12.4%
HV 20d	39.4%	28.2%	53.7%	52.4%	37.0%
HV 60d	49.2%	48.5%	50.8%	50.7%	48.6%
IV Rank	48.9%	37.5%	61.2%	39.6%	61.2%
IV Percentile	53.3%	37.7%	75.4%	41.3%	75.4%
Term Structure	1.7%	-2.2%	8.8%	0.1%	8.2%
VWIV	40.7%	34.1%	43.4%	43.4%	42.8%
Skew 25d	4.9%	4.0%	6.0%	5.1%	5.2%
Skew 10d	8.4%	6.5%	12.1%	8.3%	9.1%
Call IV 25d	39.5%	35.8%	42.3%	36.7%	41.2%
Put IV 25d	44.4%	40.5%	48.1%	41.8%	46.4%
Bid-Ask Spread %	1.68	1.24	3.88	1.60	1.24
Gamma HHI	0.03	0.02	0.04	0.03	0.03
Net GEX	-33.3M	-95.9M	86.7M	86.7M	-25.1M
Net DEX	6.68B	3.56B	8.65B	3.56B	6.10B
Net VEX	-92.5M	-109.4M	-80.4M	-109.4M	-82.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.36	0.46	4.98	0.90	0.92
Total Volume	1,071,602.476	495,636	2,167,169	900,412	674,126
Total OI	8,923,167.571	8,171,310	9,452,604	9,200,464	8,622,586

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
2022-12-01	$95.53	$95.00	38.7%	12.3%	52.4%	39.6%	43.4%	5.1%	0.1%	86.7M	3.56B	-109.4M	0.90	1.60	N/A	N/A	474,140	426,272	5,702,297	3,498,167
2022-12-02	$94.00	$95.00	38.0%	11.9%	51.4%	37.5%	41.8%	4.7%	0.2%	4.0M	5.29B	-105.5M	0.63	1.44	N/A	N/A	571,616	358,683	5,749,320	3,519,429
2022-12-05	$90.95	$105.00	40.6%	11.8%	52.7%	45.0%	40.6%	5.2%	0.9%	-53.3M	7.54B	-99.8M	0.63	1.33	N/A	N/A	510,988	320,814	5,571,584	3,392,832
2022-12-06	$88.41	$105.00	42.6%	12.2%	53.7%	50.8%	42.0%	4.5%	0.7%	-91.1M	8.65B	-95.3M	0.68	1.45	N/A	N/A	525,070	359,402	5,717,461	3,394,765
2022-12-07	$88.44	$102.50	43.3%	12.4%	53.7%	53.0%	38.9%	4.8%	0.4%	-58.5M	7.82B	-96.2M	2.57	1.45	N/A	N/A	469,732	1,206,978	5,834,847	3,386,860
2022-12-08	$90.37	$100.00	41.6%	12.0%	51.4%	48.1%	41.0%	4.9%	1.5%	-1.9M	6.16B	-99.3M	1.26	1.43	N/A	N/A	552,099	698,024	5,912,113	3,495,990
2022-12-09	$89.13	$100.00	42.1%	12.2%	33.2%	49.6%	41.2%	4.8%	1.6%	-66.5M	7.45B	-96.7M	1.18	1.48	N/A	N/A	487,808	577,469	5,946,957	3,505,647
2022-12-12	$90.07	$100.00	44.6%	12.6%	28.2%	56.8%	43.4%	6.0%	-1.2%	-29.9M	6.39B	-97.1M	0.46	1.54	N/A	N/A	397,104	183,669	5,730,841	3,380,583
2022-12-13	$92.81	$100.00	41.0%	11.6%	30.4%	46.4%	40.8%	5.3%	-0.8%	47.3M	4.10B	-100.4M	0.61	1.58	N/A	N/A	660,238	401,118	5,818,928	3,422,060
2022-12-14	$91.29	$100.00	40.4%	11.5%	30.7%	44.5%	38.5%	4.8%	-0.4%	-3.2M	5.70B	-97.4M	1.88	3.88	N/A	N/A	460,665	864,378	5,871,025	3,461,574
2022-12-15	$88.06	$100.00	41.7%	11.7%	32.4%	48.3%	40.1%	4.4%	-1.0%	-91.6M	8.19B	-91.8M	0.58	1.84	N/A	N/A	625,497	360,843	5,910,149	3,434,747
2022-12-16	$87.59	$100.00	40.5%	11.5%	31.7%	44.9%	38.2%	4.2%	-0.4%	-95.9M	8.48B	-91.1M	1.96	1.90	N/A	N/A	503,932	987,284	6,015,436	3,434,443
2022-12-19	$84.72	$99.00	42.7%	12.2%	33.4%	51.3%	41.6%	5.7%	-2.2%	-93.7M	8.48B	-83.5M	0.69	1.80	N/A	N/A	527,415	364,750	5,181,413	2,989,897
2022-12-20	$85.25	$97.00	41.5%	11.9%	33.2%	47.8%	41.5%	4.0%	0.5%	-53.5M	7.14B	-86.3M	0.51	1.79	N/A	N/A	462,735	234,613	5,358,424	2,998,030
2022-12-21	$86.80	$95.00	39.4%	11.3%	34.0%	41.7%	34.1%	4.5%	1.1%	8.8M	5.71B	-90.1M	4.24	1.85	N/A	N/A	332,012	1,409,312	5,495,273	3,028,250
2022-12-22	$83.13	$95.00	42.6%	12.2%	36.3%	50.8%	41.8%	4.8%	0.5%	-90.2M	7.90B	-84.3M	1.21	1.88	N/A	N/A	510,995	615,929	5,561,856	3,026,445
2022-12-23	$85.31	$93.00	41.1%	11.7%	38.0%	46.6%	40.9%	4.5%	0.5%	4.4M	5.88B	-87.8M	0.78	1.77	N/A	N/A	425,922	330,620	5,659,770	3,036,324
2022-12-27	$83.28	$92.50	44.2%	12.6%	38.5%	53.4%	43.2%	5.3%	8.4%	-44.9M	6.90B	-83.6M	0.54	1.41	N/A	N/A	321,198	174,438	5,427,540	2,921,344
2022-12-28	$81.93	$91.00	44.8%	12.7%	38.5%	55.2%	40.1%	5.6%	8.8%	-61.8M	7.37B	-80.4M	4.98	1.26	N/A	N/A	362,374	1,804,795	5,515,759	2,914,563
2022-12-29	$84.30	$91.00	44.4%	12.1%	36.9%	54.1%	39.6%	5.5%	8.8%	11.4M	5.40B	-84.2M	1.35	1.28	N/A	N/A	412,091	556,504	5,612,888	2,928,102
2022-12-30	$83.25	$90.00	46.8%	12.4%	37.0%	61.2%	42.8%	5.2%	8.2%	-25.1M	6.10B	-82.4M	0.92	1.24	N/A	N/A	350,788	323,338	5,662,531	2,960,055