AMZN Options History — September 2023

In September 2023, AMZN traded between $125.66 and $145.01. ATM implied volatility averaged 29.1%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 2.9% (HV 20d: 26.2%). Max pain ranged from $123.00 to $130.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-09-21: Highest Volume — 958,556 contracts
  • 2023-09-26: Largest IV spike — 14.1% change
  • 2023-09-26: Highest IV Rank — 40.8%
  • 2023-09-26: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.42$125.66$145.01$137.75$127.28
Max Pain$129.65$123.00$130.00$123.00$130.00
ATM IV29.1%24.4%38.8%24.5%38.2%
Expected Move8.0%6.6%9.9%6.6%8.7%
HV 20d26.2%18.7%34.0%19.4%32.1%
HV 60d30.3%28.7%32.0%29.0%31.9%
IV Rank13.2%0.0%40.8%0.0%39.2%
IV Percentile13.3%0.0%42.5%0.0%39.3%
Term Structure2.0%-0.1%4.6%0.6%2.0%
VWIV28.0%23.1%34.4%23.1%30.2%
Skew 25d3.2%2.0%5.3%2.2%4.8%
Skew 10d6.0%4.0%10.4%4.3%8.0%
Call IV 25d27.6%23.4%37.0%23.5%35.1%
Put IV 25d30.7%25.7%42.3%25.7%39.9%
Bid-Ask Spread %1.801.172.451.171.78
Gamma HHI0.100.040.540.280.04
Net GEX387.5M5.1M1.75B968.7M143.4M
Net DEX-15.67B-26.85B-5.48B-20.00B-7.90B
Net VEX-101.9M-104.7M-98.3M-104.7M-103.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.410.860.450.70
Total Volume659,370.45355,106958,556578,655685,080
Total OI6,188,089.655,494,2966,804,8116,577,1366,161,499

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$137.75$123.0024.5%6.6%19.4%0.0%23.1%2.2%0.6%968.7M-20.00B-104.7M0.451.17N/AN/A398,142180,5133,601,7252,975,411
2023-09-05$137.19$130.0025.8%7.8%18.8%3.6%27.3%2.5%0.4%383.8M-18.75B-103.0M0.582.25N/AN/A237,234137,2633,408,7872,902,062
2023-09-06$135.37$130.0026.4%7.8%18.7%5.5%27.6%2.6%0.3%291.9M-16.80B-103.7M0.561.75N/AN/A265,335148,1223,447,6802,932,891
2023-09-07$137.80$130.0025.9%7.5%19.5%3.9%27.0%2.8%0.3%459.7M-19.51B-102.7M0.661.90N/AN/A365,924241,9543,472,8022,949,959
2023-09-08$137.97$130.0025.1%7.3%19.5%1.9%26.1%2.6%0.3%1.75B-19.87B-101.7M0.622.08N/AN/A433,748268,6053,523,3393,020,946
2023-09-11$143.47$130.0025.1%7.2%24.0%1.6%25.5%2.6%-0.0%561.2M-24.98B-98.3M0.582.00N/AN/A568,706327,9103,419,7502,944,060
2023-09-12$141.31$130.0025.5%7.4%24.4%2.8%28.3%2.5%0.3%509.8M-22.83B-100.2M0.822.18N/AN/A259,306212,0983,533,0043,053,583
2023-09-13$144.25$130.0025.3%7.2%24.4%2.1%25.8%2.5%-0.1%632.6M-26.23B-99.3M0.631.62N/AN/A423,741265,5813,541,7333,079,342
2023-09-14$145.01$130.0024.4%7.1%23.6%0.0%24.7%2.3%0.2%663.0M-26.85B-99.2M0.642.45N/AN/A416,327268,4633,586,4643,156,116
2023-09-15$140.50$130.0025.6%7.4%26.0%3.3%26.2%2.0%0.4%367.5M-21.18B-101.1M0.621.89N/AN/A493,477306,8103,617,9373,186,874
2023-09-18$139.44$130.0025.9%7.4%26.3%4.2%25.6%2.9%4.4%276.5M-16.32B-100.0M0.581.47N/AN/A224,055131,0512,955,6852,538,611
2023-09-19$137.66$130.0026.4%7.6%26.7%5.7%26.8%2.8%4.6%220.6M-14.83B-100.5M0.571.80N/AN/A460,030260,8593,005,2122,578,773
2023-09-20$135.57$130.0027.0%7.7%27.2%7.2%27.1%2.8%4.2%191.2M-13.15B-101.0M0.411.46N/AN/A403,667164,8153,116,9652,631,118
2023-09-21$129.66$130.0030.7%8.6%31.4%17.9%29.8%3.5%3.9%34.8M-7.99B-102.0M0.601.47N/AN/A600,445358,1113,190,2512,646,499
2023-09-22$129.41$130.0031.0%8.5%30.6%18.7%29.5%3.5%4.2%80.4M-7.92B-103.3M0.661.62N/AN/A437,208289,1343,328,8202,698,096
2023-09-25$130.97$130.0034.0%8.8%30.8%27.2%30.6%4.0%4.0%129.0M-10.02B-103.6M0.611.50N/AN/A279,791169,7963,083,5162,625,445
2023-09-26$125.66$130.0038.8%9.9%34.0%40.8%34.4%5.3%2.6%5.1M-5.48B-102.7M0.771.79N/AN/A514,708395,3823,123,9002,664,119
2023-09-27$126.01$130.0038.5%9.6%33.5%40.0%32.0%4.9%3.2%24.0M-6.09B-104.2M0.861.95N/AN/A445,104382,4853,232,7762,756,071
2023-09-28$126.12$130.0037.6%9.2%33.5%37.6%31.5%4.5%3.8%53.6M-6.67B-104.0M0.651.79N/AN/A463,525302,9043,296,0682,773,904
2023-09-29$127.28$130.0038.2%8.7%32.1%39.2%30.2%4.8%2.0%143.4M-7.90B-103.4M0.701.78N/AN/A403,422281,6583,359,5842,801,915