AVGO Options History — August 2018

In August 2018, AVGO traded between $20.59 and $22.02. ATM implied volatility averaged 31.6%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 1.5% (HV 20d: 33.1%). Max pain ranged from $21.75 to $23.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.63.

Notable Days

2018-08-02: Highest Volume — 283,030 contracts
2018-08-06: Largest IV spike — 7.6% change
2018-08-15: Highest IV Rank — 62.5%
2018-08-30: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.30	$20.59	$22.02	$21.69	$21.86
Max Pain	$22.48	$21.75	$23.00	$21.75	$22.00
ATM IV	31.6%	28.2%	33.2%	31.4%	32.0%
Expected Move	9.0%	7.1%	10.3%	8.2%	10.2%
HV 20d	33.1%	19.4%	62.2%	62.2%	19.8%
HV 60d	39.0%	38.7%	39.1%	39.1%	38.9%
IV Rank	54.3%	37.2%	62.5%	53.5%	56.4%
IV Percentile	68.8%	50.0%	77.0%	65.9%	71.4%
Term Structure	-0.8%	-2.0%	4.5%	0.2%	-1.2%
VWIV	31.5%	24.6%	36.1%	28.8%	36.1%
Skew 25d	1.9%	1.4%	3.1%	2.2%	1.6%
Skew 10d	3.4%	1.4%	5.3%	3.9%	1.9%
Call IV 25d	31.0%	26.1%	32.9%	30.7%	32.3%
Put IV 25d	32.9%	27.8%	35.0%	32.9%	33.9%
Bid-Ask Spread %	11.71	8.26	14.60	14.60	10.92
Gamma HHI	0.09	0.06	0.23	0.08	0.14
Net GEX	15.9M	-21.9M	42.4M	17.5M	42.4M
Net DEX	174.5M	-198.4M	538.6M	49.7M	-198.4M
Net VEX	-7.9M	-8.4M	-7.1M	-8.3M	-8.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.32	1.30	0.44	0.40
Total Volume	204,967.391	137,430	283,030	246,340	181,310
Total OI	2,902,383.043	2,639,810	3,128,300	2,878,050	2,877,910

Daily Data (23 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
2018-08-01	$21.69	$21.75	31.4%	8.2%	62.2%	53.5%	28.8%	2.2%	0.2%	17.5M	49.7M	-8.3M	0.44	14.60	170,630	75,710	1,680,720	1,197,330
2018-08-02	$21.67	$21.75	30.2%	7.8%	61.4%	47.3%	27.4%	1.8%	1.5%	20.3M	34.8M	-8.3M	0.39	13.50	203,540	79,490	1,727,620	1,214,370
2018-08-03	$21.73	$21.75	28.2%	7.1%	61.1%	37.2%	24.6%	1.7%	4.5%	26.0M	-23.5M	-8.3M	0.61	12.90	131,730	80,530	1,796,630	1,228,890
2018-08-06	$21.68	$23.00	30.4%	8.5%	61.1%	48.2%	30.4%	1.9%	-2.0%	21.3M	27.2M	-8.1M	0.59	11.56	90,670	53,550	1,699,000	1,205,760
2018-08-07	$22.02	$23.00	31.0%	8.6%	61.1%	51.2%	30.3%	1.7%	-1.2%	35.4M	-198.4M	-8.3M	0.55	12.02	131,200	72,000	1,727,880	1,213,040
2018-08-08	$21.99	$23.00	30.9%	8.4%	60.4%	50.6%	29.2%	2.0%	-1.2%	39.1M	-171.5M	-8.2M	0.75	14.00	78,330	59,100	1,745,220	1,223,390
2018-08-09	$21.68	$23.00	31.1%	8.4%	28.5%	51.9%	30.1%	1.6%	-0.9%	24.6M	24.6M	-8.0M	0.64	13.80	128,160	81,620	1,759,520	1,233,460
2018-08-10	$21.26	$23.00	32.5%	8.9%	26.5%	58.8%	30.9%	1.6%	-1.4%	3.0M	282.7M	-7.8M	0.78	13.48	133,550	103,730	1,808,780	1,250,050
2018-08-13	$21.16	$23.00	32.9%	9.2%	26.6%	61.2%	31.7%	1.9%	-0.4%	9.5M	266.5M	-7.7M	0.61	10.79	91,190	55,920	1,781,970	1,218,960
2018-08-14	$20.77	$23.00	31.8%	8.9%	25.8%	55.4%	31.3%	1.5%	-0.5%	-5.9M	518.9M	-7.1M	0.60	11.75	116,130	69,120	1,804,760	1,223,830
2018-08-15	$20.65	$23.00	33.2%	9.2%	25.9%	62.5%	32.5%	3.1%	-0.8%	-7.3M	538.6M	-7.2M	0.73	12.96	126,470	92,280	1,829,770	1,228,870
2018-08-16	$20.85	$23.00	31.4%	8.9%	25.9%	53.5%	31.3%	2.1%	-0.6%	-2.8M	448.5M	-7.2M	0.85	11.70	108,250	92,250	1,851,980	1,230,940
2018-08-17	$20.98	$23.00	31.8%	8.9%	26.0%	55.5%	31.2%	2.1%	-1.6%	-21.9M	381.8M	-7.6M	1.30	12.37	110,730	143,630	1,875,130	1,253,170
2018-08-20	$20.70	$23.00	32.3%	9.2%	23.2%	58.2%	32.3%	2.7%	-1.5%	6.3M	428.6M	-7.5M	1.21	8.26	91,970	111,570	1,602,310	1,037,500
2018-08-21	$21.07	$22.75	32.1%	9.2%	24.3%	56.9%	32.2%	2.5%	-1.6%	15.6M	294.1M	-7.8M	0.40	11.95	166,370	66,930	1,637,270	1,085,220
2018-08-22	$20.80	$22.00	31.9%	9.2%	19.4%	56.1%	31.6%	1.6%	-0.9%	7.4M	414.9M	-7.5M	0.58	11.92	140,380	81,210	1,659,500	1,097,570
2018-08-23	$20.59	$22.00	32.0%	9.3%	19.5%	56.5%	31.8%	1.7%	-1.6%	-717.8K	499.7M	-7.5M	0.60	10.96	118,900	71,430	1,677,630	1,108,000
2018-08-24	$20.91	$22.00	31.6%	9.2%	20.7%	54.2%	32.2%	1.4%	-1.3%	19.4M	321.2M	-7.8M	0.51	10.03	137,780	70,170	1,720,650	1,113,390
2018-08-27	$21.34	$22.00	32.0%	9.7%	21.8%	56.5%	33.7%	1.8%	-1.2%	23.2M	101.8M	-8.1M	0.41	10.04	159,330	65,150	1,652,790	1,075,980
2018-08-28	$21.43	$22.00	31.7%	9.7%	21.3%	54.7%	34.0%	1.7%	-1.4%	29.0M	46.0M	-8.1M	0.55	10.56	114,880	63,530	1,690,170	1,086,270
2018-08-29	$21.53	$22.00	31.3%	9.6%	19.4%	53.0%	33.9%	1.7%	-1.3%	31.8M	-13.9M	-8.2M	0.56	10.03	100,280	55,680	1,700,240	1,098,020
2018-08-30	$21.63	$22.00	32.7%	10.3%	19.5%	60.1%	36.0%	1.5%	-1.4%	32.3M	-61.5M	-8.3M	0.32	9.13	180,680	57,190	1,716,350	1,107,000
2018-08-31	$21.86	$22.00	32.0%	10.2%	19.8%	56.4%	36.1%	1.6%	-1.2%	42.4M	-198.4M	-8.4M	0.40	10.92	129,490	51,820	1,755,530	1,122,380