AVGO Options History — January 2018

In January 2018, AVGO traded between $24.11 and $27.24. ATM implied volatility averaged 27.6%, placing in the 40.2% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 5.2% (HV 20d: 22.4%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.82.

Notable Days

2018-01-25: Highest Volume — 403,670 contracts
2018-01-29: Largest IV spike — 17.5% change
2018-01-29: Highest IV Rank — 86.5%
2018-01-29: Largest Expected Move — 9.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.14	$24.11	$27.24	$26.69	$24.82
Max Pain	$25.87	$25.00	$26.00	$25.00	$25.50
ATM IV	27.6%	24.7%	36.2%	24.9%	32.8%
Expected Move	7.7%	6.8%	9.1%	6.8%	8.3%
HV 20d	22.4%	20.2%	27.0%	23.0%	25.6%
HV 60d	26.5%	25.9%	27.3%	26.1%	27.3%
IV Rank	40.2%	24.4%	86.5%	25.5%	68.1%
IV Percentile	58.6%	37.3%	98.8%	38.9%	86.1%
Term Structure	1.2%	-0.2%	3.7%	0.4%	1.2%
VWIV	27.3%	24.3%	32.4%	24.3%	29.6%
Skew 25d	1.2%	0.6%	2.1%	0.8%	1.7%
Skew 10d	2.1%	-1.5%	9.3%	1.8%	0.7%
Call IV 25d	27.6%	24.5%	37.5%	25.0%	32.5%
Put IV 25d	28.8%	25.7%	38.9%	25.8%	34.2%
Bid-Ask Spread %	20.89	11.66	36.73	14.68	24.49
Gamma HHI	0.11	0.06	0.23	0.13	0.07
Net GEX	37.0M	-8.2M	80.4M	61.6M	4.9M
Net DEX	-518.0M	-1.13B	390.0M	-858.6M	64.6M
Net VEX	-5.8M	-6.5M	-5.4M	-5.6M	-6.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.42	1.82	0.43	0.60
Total Volume	215,487.143	139,730	403,670	211,840	306,320
Total OI	2,058,302.857	1,460,320	2,462,440	2,089,250	2,028,490

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-01-02	$26.69	$25.00	24.9%	6.8%	23.0%	25.5%	24.3%	0.8%	0.4%	61.6M	-858.6M	-5.6M	0.43	14.68	148,060	63,780	1,229,060	860,190
2018-01-03	$26.98	$25.00	25.6%	6.9%	20.9%	28.9%	24.6%	0.6%	0.3%	75.2M	-1.04B	-5.8M	0.42	22.15	136,330	56,680	1,252,500	870,840
2018-01-04	$27.01	$26.00	24.7%	7.5%	20.5%	24.4%	26.8%	1.2%	0.7%	80.4M	-1.04B	-5.8M	0.54	29.10	108,430	59,080	1,271,200	882,200
2018-01-05	$27.11	$26.00	24.9%	7.3%	20.4%	25.5%	25.7%	1.1%	0.3%	72.6M	-1.13B	-5.8M	0.55	26.93	110,220	60,960	1,293,260	896,910
2018-01-08	$27.24	$26.00	25.1%	7.4%	20.4%	26.1%	26.1%	1.1%	0.8%	77.3M	-1.10B	-5.6M	0.63	20.86	85,670	54,060	1,251,150	871,040
2018-01-09	$26.86	$26.00	26.0%	7.4%	20.2%	31.2%	27.3%	1.0%	-0.1%	68.3M	-940.3M	-5.6M	0.71	15.85	100,830	71,130	1,289,370	884,220
2018-01-10	$26.27	$26.00	26.3%	7.6%	21.9%	32.9%	26.7%	1.5%	0.2%	47.9M	-626.3M	-5.5M	0.71	20.52	116,420	82,670	1,311,380	912,620
2018-01-11	$26.33	$26.00	26.1%	7.5%	21.9%	31.6%	26.5%	1.5%	-0.0%	52.3M	-669.3M	-5.5M	0.58	23.51	90,680	52,900	1,337,380	940,880
2018-01-12	$26.41	$26.00	25.5%	7.4%	21.5%	28.7%	26.3%	1.1%	0.6%	43.6M	-729.2M	-5.5M	0.53	21.86	130,160	69,420	1,349,490	952,520
2018-01-16	$26.33	$26.00	27.6%	7.9%	21.2%	40.0%	28.4%	1.3%	0.0%	42.3M	-651.7M	-5.4M	0.97	18.74	90,450	87,360	1,336,160	927,050
2018-01-17	$26.57	$26.00	26.9%	7.7%	20.2%	36.2%	27.9%	1.6%	1.2%	49.9M	-788.9M	-5.4M	1.05	15.94	101,110	105,970	1,350,610	971,930
2018-01-18	$26.97	$26.00	26.3%	7.4%	20.8%	32.7%	26.8%	1.3%	2.3%	67.8M	-993.5M	-5.6M	1.82	36.73	97,130	176,560	1,360,990	992,590
2018-01-19	$26.65	$26.00	25.6%	7.2%	21.3%	29.3%	25.7%	1.2%	1.8%	18.9M	-726.7M	-5.9M	1.02	21.74	77,080	78,390	1,370,910	1,091,530
2018-01-22	$26.21	$26.00	26.9%	7.4%	21.9%	35.9%	26.3%	1.1%	3.7%	8.2M	-254.6M	-5.7M	1.25	11.66	73,600	92,250	844,330	615,990
2018-01-23	$26.29	$26.00	27.5%	7.4%	21.2%	39.5%	26.9%	0.8%	3.5%	9.3M	-298.0M	-5.9M	0.91	20.34	116,720	106,340	890,950	661,490
2018-01-24	$25.73	$26.00	26.0%	7.5%	22.5%	31.4%	26.6%	2.1%	3.1%	-2.9M	-101.0M	-5.9M	1.15	14.54	113,890	130,730	953,750	709,950
2018-01-25	$24.75	$26.00	29.5%	8.0%	25.8%	50.2%	28.8%	1.5%	1.4%	-7.6M	281.6M	-5.7M	0.88	25.83	214,160	189,510	1,000,760	748,690
2018-01-26	$25.02	$26.00	30.8%	7.9%	26.1%	57.3%	28.5%	1.2%	3.5%	19.0M	117.8M	-6.2M	0.85	16.08	170,590	144,700	1,092,380	811,920
2018-01-29	$24.56	$26.00	36.2%	9.1%	26.6%	86.5%	32.4%	1.4%	-0.2%	-3.3M	214.1M	-6.1M	0.69	19.60	145,440	99,910	1,067,630	789,760
2018-01-30	$24.11	$25.75	35.3%	9.0%	27.0%	81.6%	32.2%	0.9%	0.0%	-8.2M	390.0M	-6.0M	0.90	17.61	110,100	99,440	1,123,360	826,930
2018-01-31	$24.82	$25.50	32.8%	8.3%	25.6%	68.1%	29.6%	1.7%	1.2%	4.9M	64.6M	-6.5M	0.60	24.49	190,920	115,400	1,160,850	867,640