AVGO Options History — April 2018

In April 2018, AVGO traded between $22.74 and $25.22. ATM implied volatility averaged 29.3%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded below realized volatility by 7.0% (HV 20d: 36.3%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.75.

Notable Days

  • 2018-04-20: Highest Volume — 424,780 contracts
  • 2018-04-19: Largest IV spike — 12.1% change
  • 2018-04-02: Highest IV Rank — 68.6%
  • 2018-04-02: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.72$22.74$25.22$22.78$23.05
Max Pain$24.00$24.00$24.00$24.00$24.00
ATM IV29.3%25.0%34.2%34.2%27.9%
Expected Move8.4%7.2%10.4%10.4%7.8%
HV 20d36.3%31.9%39.9%37.1%31.9%
HV 60d34.1%32.2%35.3%32.2%33.2%
IV Rank41.8%18.5%68.6%68.6%33.8%
IV Percentile55.5%24.6%80.6%80.6%48.8%
Term Structure0.4%-0.8%2.2%0.5%0.7%
VWIV29.7%25.5%37.4%37.4%26.7%
Skew 25d3.6%2.6%4.5%4.4%2.9%
Skew 10d7.2%4.9%10.1%9.4%7.4%
Call IV 25d28.0%23.8%32.7%32.7%27.1%
Put IV 25d31.6%26.4%37.1%37.1%30.0%
Bid-Ask Spread %17.9811.4333.6622.9717.48
Gamma HHI0.090.080.120.090.09
Net GEX12.2M-12.4M57.3M-4.1M-6.5M
Net DEX13.3M-801.1M424.9M415.1M278.4M
Net VEX-6.6M-7.1M-6.1M-6.4M-6.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.441.191.051.19
Total Volume216,724.286150,930424,780257,230156,280
Total OI2,291,316.6671,861,2202,574,4602,229,0802,060,320

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$22.78$24.0034.2%10.4%37.1%68.6%37.4%4.4%0.5%-4.1M415.1M-6.4M1.0522.97125,360131,8701,364,860864,220
2018-04-03$23.63$24.0032.0%9.7%39.6%57.8%34.1%4.1%0.1%7.3M98.5M-7.1M0.7125.08122,00087,2001,400,430914,720
2018-04-04$23.76$24.0031.4%9.3%39.2%54.5%32.0%4.3%0.4%13.7M29.7M-7.0M0.6431.96118,14075,6601,437,120921,490
2018-04-05$23.56$24.0030.1%8.4%39.1%47.8%30.0%3.5%0.3%12.0M138.0M-6.8M0.6817.43120,22081,9901,463,480927,570
2018-04-06$22.97$24.0031.9%9.0%39.9%57.0%31.2%4.5%-0.3%-7.7M424.9M-6.4M0.7815.81126,92098,4501,489,850940,190
2018-04-09$23.61$24.0031.9%8.9%39.7%56.5%30.5%4.5%-0.8%4.9M97.9M-6.7M0.5811.43137,44079,8501,395,950911,130
2018-04-10$24.00$24.0030.6%8.7%37.6%48.9%30.1%3.7%-0.3%19.2M-125.2M-6.9M0.5816.46124,66071,9101,434,140916,990
2018-04-11$23.96$24.0029.1%8.4%37.5%40.2%29.3%3.5%0.2%20.0M-104.3M-6.8M0.8715.1380,65070,2801,462,770934,530
2018-04-12$23.86$24.0028.4%8.1%37.5%36.7%28.8%3.5%-0.3%17.4M-23.1M-6.6M0.9613.7783,03079,7201,476,410952,650
2018-04-13$24.81$24.0027.6%7.8%39.0%32.1%27.8%3.5%-0.3%48.0M-622.7M-7.0M0.7920.89211,920167,3901,490,110966,570
2018-04-16$24.83$24.0025.8%7.4%36.1%22.9%27.7%3.4%0.8%41.0M-553.1M-6.8M0.7917.1995,49075,4301,459,920975,380
2018-04-17$25.22$24.0025.0%7.2%32.7%18.5%26.1%2.6%0.1%57.3M-801.1M-6.8M0.9615.14118,420114,1501,468,100994,260
2018-04-18$24.97$24.0025.1%7.2%32.7%18.8%25.5%2.7%0.2%48.0M-618.5M-6.7M0.8111.4790,59073,6401,473,4201,018,210
2018-04-19$24.27$24.0028.1%8.1%33.9%34.8%28.8%3.5%-0.8%13.4M-149.8M-6.6M0.8933.66118,470104,9901,488,5701,033,400
2018-04-20$23.68$24.0028.3%8.2%34.9%36.1%29.9%3.8%-0.5%-7.4M273.0M-6.4M0.4419.08295,270129,5101,511,6301,062,830
2018-04-23$23.35$24.0028.8%8.4%35.2%38.3%29.4%3.5%1.1%-9.0M237.7M-6.3M0.5412.08104,55056,7101,030,080831,140
2018-04-24$22.74$24.0031.6%9.1%35.3%53.1%31.5%3.9%2.2%-12.4M406.8M-6.1M0.5518.86136,70074,8801,066,990844,600
2018-04-25$22.74$24.0031.0%9.0%35.3%50.0%31.4%3.9%1.8%-11.3M397.8M-6.2M0.5012.42137,64068,3601,106,760856,800
2018-04-26$23.00$24.0029.7%8.5%34.0%43.2%29.5%3.5%1.6%-7.2M298.2M-6.3M0.5113.45124,24063,8801,187,000866,400
2018-04-27$23.28$24.0026.9%7.8%34.2%28.6%26.9%2.8%2.1%19.1M181.5M-6.4M0.8315.88118,51098,8401,228,640888,020
2018-04-30$23.05$24.0027.9%7.8%31.9%33.8%26.7%2.9%0.7%-6.5M278.4M-6.4M1.1917.4871,39084,8901,183,400876,920