AMZN Options History — March 2023

In March 2023, AMZN traded between $90.48 and $102.95. ATM implied volatility averaged 38.9%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 8.2% (HV 20d: 30.7%). Max pain ranged from $95.00 to $95.00. Net GEX was positive for 19 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.78.

Notable Days

  • 2023-03-16: Highest Volume — 1,161,299 contracts
  • 2023-03-09: Largest IV spike — 9.0% change
  • 2023-03-28: Highest IV Rank — 45.7%
  • 2023-03-10: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$96.53$90.48$102.95$92.25$102.95
Max Pain$95.00$95.00$95.00$95.00$95.00
ATM IV38.9%34.9%43.7%38.3%42.7%
Expected Move10.5%9.1%11.4%11.3%9.1%
HV 20d30.7%25.1%42.7%42.7%30.2%
HV 60d39.2%37.6%40.4%40.4%37.6%
IV Rank31.4%19.5%45.7%30.6%38.5%
IV Percentile27.2%9.5%54.0%23.0%45.2%
Term Structure1.4%-1.6%8.1%-0.7%-0.7%
VWIV36.7%32.3%40.3%38.9%32.3%
Skew 25d5.4%3.5%6.5%4.2%5.8%
Skew 10d9.6%5.9%12.0%7.0%11.2%
Call IV 25d36.4%32.8%42.0%36.3%40.2%
Put IV 25d41.7%36.9%48.2%40.5%46.0%
Bid-Ask Spread %2.021.442.811.731.92
Gamma HHI0.050.030.150.040.15
Net GEX108.2M-61.6M386.3M-32.4M386.3M
Net DEX-1.78B-6.60B2.86B1.97B-6.60B
Net VEX-98.5M-103.8M-92.2M-92.5M-103.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.431.951.760.46
Total Volume686,305.87419,2941,161,299945,611768,817
Total OI6,678,631.8265,919,1237,308,9796,820,7126,511,917

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$92.25$95.0038.3%11.3%42.7%30.6%38.9%4.2%-0.7%-32.4M1.97B-92.5M1.761.73N/AN/A342,017603,5944,119,0612,701,651
2023-03-02$91.93$95.0037.4%11.0%40.8%27.6%38.3%4.1%-0.6%-18.7M1.92B-93.3M0.581.75N/AN/A366,963211,0494,229,1982,737,021
2023-03-03$94.70$95.0034.9%10.2%36.6%19.5%36.3%3.6%-0.6%101.6M-766.5M-96.5M0.682.36N/AN/A465,781314,8024,299,6742,773,210
2023-03-06$94.06$95.0035.7%10.1%25.2%22.1%34.9%3.5%0.0%29.1M172.0M-94.9M0.501.58N/AN/A350,956174,2054,072,9892,700,385
2023-03-07$93.47$95.0036.0%10.0%25.1%23.1%35.0%3.6%-0.3%14.1M561.8M-94.2M0.791.58N/AN/A274,818217,3664,146,6872,744,683
2023-03-08$93.91$95.0035.1%9.9%25.3%20.0%34.6%3.5%0.2%35.9M146.0M-94.8M1.951.44N/AN/A249,988488,3894,207,0382,776,644
2023-03-09$92.28$95.0038.2%10.9%25.2%30.3%36.7%4.3%-0.2%-1.0M1.38B-94.0M0.952.71N/AN/A333,121315,6514,258,2042,798,964
2023-03-10$90.48$95.0040.6%11.4%25.2%38.0%40.3%5.3%-0.1%-61.6M2.86B-92.2M0.912.45N/AN/A456,524416,4104,292,0422,818,497
2023-03-13$93.09$95.0040.6%11.1%27.7%38.0%38.9%6.4%-1.6%16.2M650.2M-95.4M0.622.08N/AN/A409,461255,0654,162,7432,744,668
2023-03-14$94.09$95.0038.5%10.7%27.4%31.0%37.8%6.2%-1.0%42.8M-181.6M-96.1M0.701.88N/AN/A309,617215,6634,227,4482,777,632
2023-03-15$95.81$95.0039.6%11.3%28.2%34.7%39.6%6.5%-0.3%100.2M-1.66B-99.1M1.232.81N/AN/A404,516498,8004,267,3592,804,372
2023-03-16$99.95$95.0036.8%10.5%32.0%25.7%37.0%5.3%-0.4%225.7M-5.96B-102.5M0.521.74N/AN/A762,081399,2184,324,5382,858,081
2023-03-17$98.83$95.0038.5%10.9%31.3%31.0%38.6%6.4%-0.6%164.6M-4.43B-102.6M0.631.67N/AN/A458,894289,6674,394,6292,914,350
2023-03-20$97.38$95.0038.6%11.0%31.0%31.4%38.1%6.0%7.3%98.1M-2.00B-99.3M0.462.00N/AN/A363,839166,5853,509,0332,410,090
2023-03-21$100.77$95.0035.2%10.1%32.3%20.5%36.9%5.8%7.9%190.5M-4.76B-102.4M0.432.17N/AN/A394,262171,2683,623,4262,464,792
2023-03-22$99.91$95.0035.9%10.3%32.5%21.7%36.2%5.8%7.7%203.9M-4.25B-102.0M0.752.76N/AN/A381,468287,2613,716,7562,517,250
2023-03-23$98.65$95.0038.8%10.7%32.9%31.2%38.3%6.3%8.1%162.3M-3.14B-101.9M0.902.16N/AN/A370,171331,7383,765,5902,548,755
2023-03-24$98.09$95.0040.0%10.7%30.3%34.3%37.1%6.1%7.9%123.1M-2.58B-101.4M0.721.80N/AN/A386,378277,8133,810,8772,589,844
2023-03-27$98.34$95.0042.8%10.3%30.2%43.6%36.1%6.5%0.1%119.2M-2.56B-100.3M0.501.96N/AN/A311,887154,8823,631,7212,443,065
2023-03-28$97.06$95.0043.7%10.2%30.7%45.7%36.2%6.0%-0.2%87.3M-1.60B-99.4M0.471.90N/AN/A284,272135,0223,709,7202,488,110
2023-03-29$100.22$95.0043.4%9.6%31.3%42.0%33.5%6.0%-0.2%213.4M-4.33B-102.3M0.982.23N/AN/A344,418336,5393,798,7622,524,712
2023-03-30$101.93$95.0043.4%9.6%31.5%41.7%33.5%5.8%-0.4%287.6M-5.75B-103.8M0.431.77N/AN/A513,213220,5863,839,1322,553,212
2023-03-31$102.95$95.0042.7%9.1%30.2%38.5%32.3%5.8%-0.7%386.3M-6.60B-103.8M0.461.92N/AN/A524,867243,9503,924,3262,587,591