AMZN Options History — May 2023

In May 2023, AMZN traded between $102.31 and $121.78. ATM implied volatility averaged 30.3%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 4.1% (HV 20d: 34.4%). Max pain ranged from $96.00 to $105.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2023-05-26: Highest Volume — 1,672,127 contracts
  • 2023-05-05: Largest IV drop — 10.6% change
  • 2023-05-25: Highest IV Rank — 10.9%
  • 2023-05-04: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.95$102.31$121.78$102.31$120.53
Max Pain$100.50$96.00$105.00$105.00$105.00
ATM IV30.3%28.3%33.6%30.7%31.1%
Expected Move9.0%8.1%9.7%9.1%9.3%
HV 20d34.4%26.5%36.9%36.7%27.3%
HV 60d31.5%30.6%35.0%35.0%31.5%
IV Rank4.0%0.0%10.9%0.0%8.8%
IV Percentile2.1%0.0%6.7%0.0%6.0%
Term Structure0.2%-1.0%1.6%1.1%-0.8%
VWIV31.9%28.9%35.0%31.7%33.8%
Skew 25d4.3%2.6%5.2%4.2%2.6%
Skew 10d8.3%5.2%9.9%8.3%5.2%
Call IV 25d28.6%26.9%31.2%28.7%30.5%
Put IV 25d32.9%31.2%36.3%33.0%33.1%
Bid-Ask Spread %1.521.032.522.511.40
Gamma HHI0.070.040.260.040.06
Net GEX233.2M25.3M527.8M25.3M275.6M
Net DEX-9.81B-16.09B-2.18B-2.18B-14.58B
Net VEX-102.8M-109.9M-96.8M-96.8M-109.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.471.070.720.95
Total Volume795,988.5418,2401,672,127841,518754,848
Total OI6,563,518.3646,212,7296,928,4406,295,2666,636,547

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$102.31$105.0030.7%9.1%36.7%0.0%31.7%4.2%1.1%25.3M-2.18B-96.8M0.722.51N/AN/A490,440351,0783,697,9152,597,351
2023-05-02$103.59$105.0031.6%9.3%36.9%3.2%32.6%4.5%0.2%99.3M-3.58B-100.1M0.832.37N/AN/A375,733311,2513,843,2512,668,605
2023-05-03$103.53$105.0032.4%9.6%36.7%5.9%33.5%4.7%0.2%82.2M-3.52B-101.1M1.072.52N/AN/A371,220398,2583,858,8412,710,931
2023-05-04$104.06$97.0033.6%9.7%35.9%9.8%33.9%5.1%-0.0%93.2M-3.86B-101.8M0.721.55N/AN/A271,890194,5173,887,2642,739,428
2023-05-05$105.38$97.0030.0%9.0%36.0%0.0%33.8%4.6%0.8%117.9M-5.18B-101.1M0.631.35N/AN/A448,871283,6713,903,1942,753,662
2023-05-08$105.85$96.0030.1%9.1%36.0%0.5%28.9%4.8%1.6%126.6M-5.41B-99.6M0.731.48N/AN/A241,574176,6663,709,0962,625,959
2023-05-09$106.40$96.0030.3%9.1%35.3%1.0%32.7%4.9%1.5%174.0M-5.99B-99.6M0.741.32N/AN/A259,853192,8623,764,6962,658,047
2023-05-10$110.63$97.0028.8%8.6%36.5%0.0%29.3%4.5%1.3%310.8M-10.03B-100.4M0.891.48N/AN/A560,223496,0703,805,6002,695,901
2023-05-11$112.59$97.0029.6%8.6%34.2%2.8%32.5%4.0%0.5%343.8M-11.84B-102.3M0.691.40N/AN/A652,437448,1213,848,0452,776,124
2023-05-12$109.94$98.0029.3%8.6%35.7%1.7%30.8%4.3%1.1%233.4M-8.84B-101.0M0.791.40N/AN/A424,442334,8793,922,0762,881,604
2023-05-15$110.87$98.0029.9%8.7%35.7%3.6%29.9%4.5%-0.8%244.0M-9.47B-100.2M0.641.63N/AN/A344,471219,9553,781,9712,733,432
2023-05-16$113.69$99.0029.4%8.5%36.4%2.1%29.9%4.8%0.1%338.6M-12.17B-100.8M0.681.30N/AN/A477,376326,2483,827,6142,784,378
2023-05-17$115.56$99.0029.1%8.3%36.1%1.0%29.5%4.5%-1.0%339.6M-13.65B-102.3M0.841.27N/AN/A458,914384,0353,870,1312,870,469
2023-05-18$118.02$100.0028.3%8.1%36.1%0.0%29.6%4.0%-0.2%407.9M-16.09B-102.9M0.601.32N/AN/A641,863385,8913,925,6902,913,196
2023-05-19$116.13$100.0029.0%8.4%35.6%2.3%29.2%3.7%-0.8%251.4M-13.93B-102.4M0.651.03N/AN/A424,209274,5053,959,5762,968,864
2023-05-22$114.92$100.0028.9%8.5%35.7%2.0%29.7%4.4%0.2%191.3M-10.49B-102.8M0.721.24N/AN/A344,548249,5663,562,3742,650,355
2023-05-23$115.23$100.0030.1%8.9%33.3%5.6%35.0%4.5%-0.0%209.6M-10.66B-105.5M0.471.49N/AN/A651,905305,6433,651,4692,728,932
2023-05-24$116.78$102.0031.2%9.2%33.0%9.2%32.2%5.2%0.0%267.9M-12.11B-107.7M0.731.46N/AN/A461,458336,9543,710,3712,774,917
2023-05-25$115.18$105.0031.8%9.4%30.7%10.9%33.6%4.1%-0.1%173.5M-10.51B-107.8M0.601.47N/AN/A425,387253,9003,755,2182,817,656
2023-05-26$119.97$105.0030.8%9.2%30.3%7.9%33.6%2.9%-0.0%527.8M-15.86B-107.2M0.491.15N/AN/A1,119,923552,2043,816,7172,819,345
2023-05-30$121.78$105.0031.4%9.6%26.5%9.8%35.0%2.9%-0.7%296.1M-15.85B-107.8M0.581.37N/AN/A529,324304,5643,693,3942,797,198
2023-05-31$120.53$105.0031.1%9.3%27.3%8.8%33.8%2.6%-0.8%275.6M-14.58B-109.9M0.951.40N/AN/A387,446367,4023,762,0882,874,459