AMZN Options History — March 2024

In March 2024, AMZN traded between $172.28 and $180.31. ATM implied volatility averaged 26.2%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 2.9% (HV 20d: 23.3%). Max pain ranged from $150.00 to $155.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.49.

Notable Days

  • 2024-03-15: Highest Volume — 537,888 contracts
  • 2024-03-25: Largest IV spike — 18.9% change
  • 2024-03-27: Highest IV Rank — 42.6%
  • 2024-03-11: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$176.98$172.28$180.31$178.63$180.31
Max Pain$154.75$150.00$155.00$150.00$155.00
ATM IV26.2%22.7%33.7%23.5%33.6%
Expected Move6.9%6.3%7.4%6.5%6.3%
HV 20d23.3%19.2%35.1%35.1%19.2%
HV 60d26.4%26.0%27.0%26.1%26.0%
IV Rank13.3%0.0%42.6%2.8%42.3%
IV Percentile22.5%0.0%61.1%2.8%61.1%
Term Structure2.7%-0.2%9.8%-0.1%1.8%
VWIV24.4%22.5%26.2%23.2%22.5%
Skew 25d0.9%0.4%1.6%0.5%1.0%
Skew 10d2.6%1.2%4.2%1.9%2.1%
Call IV 25d26.0%22.3%33.9%23.6%33.1%
Put IV 25d26.9%23.4%34.8%24.1%34.2%
Bid-Ask Spread %2.161.732.921.852.04
Gamma HHI0.100.080.240.090.24
Net GEX572.2M372.9M869.6M673.2M869.6M
Net DEX-22.70B-27.41B-18.24B-27.41B-22.17B
Net VEX-97.7M-101.1M-95.0M-97.5M-97.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.370.660.400.45
Total Volume376,173.45218,780537,888507,631525,909
Total OI4,799,578.64,288,2485,183,4385,083,1224,597,175

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$178.63$150.0023.5%6.5%35.1%2.8%23.2%0.5%-0.1%673.2M-27.41B-97.5M0.401.85N/AN/A363,607144,0242,724,6942,358,428
2024-03-04$178.00$155.0023.8%7.0%23.6%4.2%25.7%0.4%0.3%666.5M-25.93B-96.8M0.502.17N/AN/A259,095129,0222,635,3792,312,001
2024-03-05$173.80$155.0025.2%7.3%25.0%9.4%25.9%0.9%0.1%511.8M-22.51B-100.0M0.571.88N/AN/A209,120119,6132,680,1772,339,120
2024-03-06$174.01$155.0025.3%7.3%24.8%9.8%25.8%0.9%-0.2%526.0M-22.75B-101.1M0.482.47N/AN/A176,10984,0092,707,2512,369,002
2024-03-07$176.95$155.0025.3%7.3%25.2%9.7%26.2%0.4%0.2%655.2M-25.34B-99.2M0.472.48N/AN/A251,394118,4032,721,4072,385,446
2024-03-08$175.39$155.0024.9%7.3%25.4%8.1%25.7%0.6%0.1%487.1M-23.84B-99.7M0.372.92N/AN/A333,724122,9152,732,6392,402,088
2024-03-11$172.28$155.0025.5%7.4%24.3%10.8%26.0%0.9%0.3%445.6M-21.28B-98.4M0.452.72N/AN/A214,95397,4792,661,2292,358,022
2024-03-12$175.91$155.0024.1%6.9%25.0%5.1%24.6%0.8%0.1%586.2M-24.28B-97.8M0.512.09N/AN/A247,747127,1322,692,3752,381,292
2024-03-13$176.75$155.0024.2%7.0%23.3%5.5%24.8%0.7%0.3%612.1M-24.88B-97.9M0.512.51N/AN/A251,864127,2252,714,1212,404,006
2024-03-14$178.19$155.0024.0%6.9%23.1%4.6%24.5%0.9%0.0%699.4M-26.13B-97.6M0.442.29N/AN/A320,923140,5802,727,2212,426,991
2024-03-15$174.89$155.0024.6%7.1%24.1%7.0%25.2%1.6%0.1%494.2M-22.92B-98.6M0.432.13N/AN/A376,706161,1822,730,8452,452,593
2024-03-18$174.82$155.0024.5%7.0%24.1%6.8%24.7%1.6%8.3%372.9M-18.24B-96.8M0.402.05N/AN/A234,00692,8622,212,3832,075,865
2024-03-19$175.72$155.0023.5%6.7%23.1%2.9%23.9%1.3%8.6%446.5M-19.01B-97.1M0.661.77N/AN/A132,14286,6382,269,1712,107,673
2024-03-20$177.91$155.0022.7%6.5%23.3%0.0%23.0%1.1%8.8%554.9M-20.67B-95.9M0.492.11N/AN/A213,871104,4352,283,7322,126,267
2024-03-21$178.80$155.0024.7%6.6%19.6%7.8%23.3%0.8%9.1%623.5M-21.46B-95.0M0.481.88N/AN/A316,660152,8732,310,0682,148,393
2024-03-22$178.94$155.0026.4%6.5%19.6%14.4%23.1%1.0%9.8%594.2M-21.31B-97.3M0.562.12N/AN/A199,829111,6742,351,0292,177,316
2024-03-25$179.91$155.0031.4%6.7%19.7%33.8%23.4%1.0%1.9%547.4M-21.67B-95.8M0.551.73N/AN/A222,424121,9392,279,1642,120,740
2024-03-26$178.80$155.0032.8%6.6%19.6%39.3%23.3%0.9%2.1%502.2M-20.73B-97.3M0.512.05N/AN/A205,863104,9042,321,3722,155,855
2024-03-27$179.61$155.0033.7%6.4%19.6%42.6%23.0%0.9%1.9%575.8M-21.45B-97.2M0.492.01N/AN/A214,859105,7552,360,8542,178,188
2024-03-28$180.31$155.0033.6%6.3%19.2%42.3%22.5%1.0%1.8%869.6M-22.17B-97.4M0.452.04N/AN/A362,812163,0972,386,3482,210,827