AMZN Options History — December 2023

In December 2023, AMZN traded between $144.66 and $154.55. ATM implied volatility averaged 24.4%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 3.9% (HV 20d: 20.6%). Max pain ranged from $115.00 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 0.55.

Notable Days

  • 2023-12-18: Highest Volume — 944,553 contracts
  • 2023-12-04: Largest IV spike — 7.6% change
  • 2023-12-29: Highest IV Rank — 14.7%
  • 2023-12-06: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$149.75$144.66$154.55$146.75$152.22
Max Pain$119.25$115.00$130.00$130.00$120.00
ATM IV24.4%22.8%27.4%22.8%27.4%
Expected Move6.9%6.6%7.3%6.6%6.6%
HV 20d20.6%18.2%23.3%22.3%18.6%
HV 60d31.4%28.8%33.8%33.7%28.8%
IV Rank5.2%0.0%14.7%0.0%14.7%
IV Percentile5.8%0.0%22.6%0.0%22.6%
Term Structure2.2%-0.0%9.5%0.2%9.5%
VWIV24.5%23.2%26.0%23.4%23.2%
Skew 25d1.4%0.7%2.0%1.6%1.8%
Skew 10d3.4%2.1%4.8%3.8%4.1%
Call IV 25d23.7%22.1%24.6%22.1%23.1%
Put IV 25d25.1%23.7%26.3%23.7%24.9%
Bid-Ask Spread %2.001.283.132.291.28
Gamma HHI0.090.060.480.080.06
Net GEX615.1M385.3M1.68B605.5M540.6M
Net DEX-23.13B-26.33B-19.80B-22.52B-22.22B
Net VEX-91.7M-94.7M-88.8M-92.9M-90.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.240.900.620.55
Total Volume557,334.2289,737944,553513,200504,297
Total OI6,460,240.856,161,6726,870,3816,555,7006,368,176

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$146.75$130.0022.8%6.6%22.3%0.0%23.4%1.6%0.2%605.5M-22.52B-92.9M0.622.29N/AN/A317,276195,9243,508,7993,046,901
2023-12-04$144.81$115.0024.5%7.2%23.1%5.5%25.4%2.0%0.4%420.8M-20.10B-93.8M0.902.01N/AN/A259,061234,1713,375,9512,931,921
2023-12-05$146.78$117.5024.7%7.2%23.3%6.1%25.3%1.9%0.3%502.5M-22.01B-94.1M0.752.25N/AN/A329,630247,7283,416,2863,000,689
2023-12-06$144.66$117.5024.7%7.3%22.4%6.0%26.0%1.7%0.6%385.3M-19.80B-94.6M0.642.26N/AN/A264,666169,2413,475,8453,063,713
2023-12-07$146.63$117.5024.5%7.2%22.6%5.6%25.7%1.3%0.3%553.9M-22.08B-94.7M0.732.16N/AN/A275,705201,8053,515,9813,083,712
2023-12-08$147.24$117.5023.5%6.9%22.0%2.3%24.4%1.0%0.6%600.4M-22.77B-93.3M0.601.57N/AN/A353,262213,5873,546,6963,135,002
2023-12-11$145.68$117.5024.2%7.0%21.1%4.7%24.6%1.3%0.2%436.4M-20.95B-91.8M0.621.85N/AN/A306,703190,3163,469,1503,048,185
2023-12-12$147.25$117.5023.3%6.7%21.3%1.8%23.8%1.1%0.2%559.1M-22.84B-91.9M0.491.54N/AN/A290,007143,2673,532,7733,098,488
2023-12-13$148.31$117.5023.2%6.7%19.6%1.2%23.5%1.0%0.3%652.8M-23.86B-91.9M0.462.33N/AN/A444,127202,2293,574,5623,117,922
2023-12-14$147.21$117.5024.2%6.9%18.2%4.5%24.5%0.9%-0.0%590.6M-22.57B-92.8M0.413.13N/AN/A494,659201,6653,634,9113,140,945
2023-12-15$150.03$120.0023.5%6.7%19.1%2.3%23.9%0.7%-0.0%1.68B-26.09B-91.5M0.411.96N/AN/A600,539248,4113,696,8003,173,581
2023-12-18$154.55$120.0023.8%6.8%21.0%3.3%24.4%1.0%0.7%678.0M-26.33B-88.8M0.451.94N/AN/A652,657291,8963,344,0842,817,588
2023-12-19$153.47$120.0024.2%6.9%21.2%4.4%24.5%1.1%0.8%594.5M-24.87B-90.0M0.512.43N/AN/A357,682182,5583,368,8852,901,631
2023-12-20$152.39$120.0024.8%7.1%20.2%6.6%25.3%1.3%0.7%535.4M-23.55B-91.2M0.562.63N/AN/A444,536247,6053,387,5452,928,096
2023-12-21$153.57$120.0024.9%7.1%19.3%6.7%25.2%1.6%1.1%598.3M-24.50B-91.6M0.541.96N/AN/A349,450188,4133,420,8662,943,708
2023-12-22$153.39$120.0024.4%6.9%19.3%5.2%24.4%1.6%1.0%541.2M-24.37B-91.5M0.551.73N/AN/A273,858150,8863,429,6862,988,192
2023-12-26$153.31$120.0025.1%7.0%19.1%7.4%24.4%1.8%8.6%570.1M-23.64B-89.2M0.421.62N/AN/A204,13285,6053,302,1182,871,962
2023-12-27$153.22$120.0024.7%6.9%18.7%6.0%24.3%1.7%9.0%610.8M-23.71B-88.9M0.471.32N/AN/A266,729125,2393,353,8232,892,597
2023-12-28$153.63$120.0025.9%6.6%18.5%10.1%23.3%1.6%9.4%647.3M-23.87B-89.0M0.241.80N/AN/A512,063125,0993,377,2012,919,846
2023-12-29$152.22$120.0027.4%6.6%18.6%14.7%23.2%1.8%9.5%540.6M-22.22B-90.5M0.551.28N/AN/A324,931179,3663,426,2892,941,887