AVGO Options History — February 2018

In February 2018, AVGO traded between $23.04 and $25.36. ATM implied volatility averaged 35.8%, placing in the 78.7% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 1.5% (HV 20d: 34.3%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.85.

Notable Days

2018-02-02: Highest Volume — 335,740 contracts
2018-02-08: Largest IV spike — 12.2% change
2018-02-08: Highest IV Rank — 100.0%
2018-02-28: Largest Expected Move — 11.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.43	$23.04	$25.36	$23.85	$24.67
Max Pain	$25.45	$25.00	$26.00	$26.00	$25.25
ATM IV	35.8%	33.1%	40.5%	33.1%	35.7%
Expected Move	10.6%	9.9%	11.9%	10.0%	11.9%
HV 20d	34.3%	28.0%	37.6%	28.0%	33.9%
HV 60d	27.6%	25.7%	28.8%	26.1%	27.2%
IV Rank	78.7%	64.7%	100.0%	69.6%	76.6%
IV Percentile	93.2%	81.7%	100.0%	86.9%	92.5%
Term Structure	-0.5%	-3.4%	2.8%	0.5%	-0.8%
VWIV	36.8%	34.4%	41.6%	35.4%	41.6%
Skew 25d	2.8%	-0.2%	6.1%	1.4%	2.7%
Skew 10d	5.6%	0.1%	9.5%	1.1%	5.0%
Call IV 25d	34.8%	32.1%	40.2%	32.7%	34.6%
Put IV 25d	37.7%	34.1%	46.2%	34.1%	37.3%
Bid-Ask Spread %	40.21	17.81	62.66	35.57	18.08
Gamma HHI	0.07	0.06	0.08	0.07	0.07
Net GEX	3.8M	-20.2M	24.1M	-20.2M	3.6M
Net DEX	127.1M	-322.2M	709.4M	555.7M	55.6M
Net VEX	-6.1M	-6.4M	-5.7M	-6.0M	-5.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.85	0.42	1.39	0.42	0.79
Total Volume	197,900.526	121,780	335,740	325,210	160,370
Total OI	2,153,795.263	1,953,570	2,321,240	2,143,510	2,069,230

Daily Data (19 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
2018-02-01	$23.85	$26.00	33.1%	10.0%	28.0%	69.6%	35.4%	1.4%	0.5%	-20.2M	555.7M	-6.0M	0.42	35.57	229,800	95,410	1,231,490	912,020
2018-02-02	$23.59	$26.00	33.7%	10.2%	28.0%	73.1%	36.2%	1.0%	0.9%	-12.3M	641.8M	-6.1M	0.96	40.42	171,110	164,630	1,323,660	936,000
2018-02-05	$23.04	$26.00	36.0%	11.0%	28.3%	85.6%	38.8%	-0.2%	2.8%	-12.4M	667.1M	-5.7M	0.64	62.66	158,650	101,430	1,234,630	884,180
2018-02-06	$23.96	$26.00	36.4%	10.3%	32.7%	87.4%	36.7%	0.2%	0.0%	-6.1M	361.3M	-6.2M	1.02	58.38	88,670	90,510	1,279,440	897,540
2018-02-07	$23.85	$26.00	36.0%	10.0%	32.6%	85.7%	34.9%	2.1%	-1.4%	-5.5M	411.6M	-6.1M	1.39	44.74	55,310	76,940	1,300,100	918,650
2018-02-08	$23.09	$26.00	40.5%	11.4%	33.5%	100.0%	39.7%	5.4%	-0.7%	-14.6M	709.4M	-5.8M	0.95	45.45	68,410	65,310	1,304,900	932,680
2018-02-09	$23.57	$26.00	40.5%	11.0%	34.6%	100.0%	38.3%	6.1%	-3.4%	-14.6M	492.5M	-6.0M	0.97	50.90	123,400	119,550	1,310,540	931,790
2018-02-12	$24.40	$26.00	37.0%	10.5%	37.4%	82.6%	36.1%	3.9%	0.9%	-6.5M	152.2M	-6.2M	0.49	52.45	129,730	63,520	1,261,460	924,850
2018-02-13	$24.58	$25.00	35.8%	10.2%	37.6%	76.9%	36.2%	3.5%	1.5%	545.2K	58.3M	-6.3M	1.08	44.96	58,600	63,180	1,297,580	932,850
2018-02-14	$24.74	$25.00	34.6%	9.9%	37.5%	71.1%	35.2%	2.6%	0.8%	7.8M	-57.2M	-6.3M	0.48	30.49	134,280	64,830	1,306,160	943,640
2018-02-15	$25.13	$25.00	35.4%	10.2%	37.6%	75.1%	35.3%	2.4%	-0.2%	24.1M	-296.7M	-6.4M	0.63	43.03	137,660	86,220	1,357,810	953,450
2018-02-16	$24.91	$25.00	34.6%	10.0%	37.5%	70.7%	34.8%	2.5%	-1.5%	16.2M	-188.7M	-6.2M	0.75	38.64	138,160	103,610	1,372,170	949,070
2018-02-20	$24.98	$25.00	37.0%	10.7%	37.2%	83.0%	37.4%	4.4%	-1.5%	17.2M	-144.8M	-6.0M	0.78	36.31	116,750	90,880	1,168,420	785,150
2018-02-21	$24.92	$25.00	35.9%	10.4%	37.2%	77.6%	36.2%	1.6%	-1.4%	15.7M	-116.5M	-6.0M	0.78	23.60	96,500	75,330	1,196,980	803,300
2018-02-22	$24.94	$25.00	35.9%	10.4%	36.5%	77.3%	36.5%	4.1%	-1.6%	14.9M	-103.3M	-6.0M	1.02	30.52	82,110	83,500	1,222,190	823,030
2018-02-23	$25.36	$25.00	33.3%	10.1%	34.2%	64.7%	34.4%	3.4%	-0.3%	23.0M	-322.2M	-6.1M	0.69	17.81	101,760	70,510	1,242,800	841,050
2018-02-26	$25.23	$25.00	33.5%	11.0%	34.1%	65.3%	37.9%	3.6%	-1.5%	20.7M	-234.1M	-6.0M	1.10	46.97	77,220	84,970	1,203,720	813,360
2018-02-27	$25.27	$25.25	35.2%	11.3%	33.4%	73.8%	38.3%	2.9%	-1.8%	21.4M	-226.6M	-6.1M	1.16	43.02	60,710	70,580	1,218,510	837,710
2018-02-28	$24.67	$25.25	35.7%	11.9%	33.9%	76.6%	41.6%	2.7%	-0.8%	3.6M	55.6M	-5.9M	0.79	18.08	89,590	70,780	1,224,490	844,740