AVGO Options History — February 2019

In February 2019, AVGO traded between $26.64 and $28.28. ATM implied volatility averaged 31.3%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 9.8% (HV 20d: 21.4%). Max pain ranged from $26.00 to $27.25. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.81.

Notable Days

  • 2019-02-07: Highest Volume — 296,130 contracts
  • 2019-02-07: Largest IV spike — 12.5% change
  • 2019-02-20: Highest IV Rank — 46.6%
  • 2019-02-28: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.61$26.64$28.28$26.64$27.50
Max Pain$26.92$26.00$27.25$26.00$27.25
ATM IV31.3%28.5%33.0%28.5%32.1%
Expected Move9.3%8.3%10.6%8.7%10.6%
HV 20d21.4%18.3%25.4%25.2%19.9%
HV 60d35.3%33.7%38.6%38.6%34.2%
IV Rank39.7%28.9%46.6%28.9%43.0%
IV Percentile55.3%32.1%69.8%32.1%65.1%
Term Structure-0.1%-1.7%2.7%2.7%-1.4%
VWIV32.3%29.5%36.3%30.9%36.3%
Skew 25d4.9%3.5%6.3%3.9%6.3%
Skew 10d8.6%6.2%11.0%7.1%9.5%
Call IV 25d28.8%25.8%30.9%25.8%29.2%
Put IV 25d33.7%29.8%36.2%29.8%35.5%
Bid-Ask Spread %11.695.4534.1912.0911.45
Gamma HHI0.100.080.110.100.10
Net GEX38.0M18.3M51.6M18.3M38.8M
Net DEX-1.34B-1.69B-951.3M-1.09B-1.15B
Net VEX-9.6M-9.8M-9.2M-9.6M-9.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.451.380.950.67
Total Volume122,038.42167,280296,13083,320107,740
Total OI2,264,4702,099,9602,449,4002,180,9602,349,600

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-02-01$26.64$26.0028.5%8.7%25.2%28.9%30.9%3.9%2.7%18.3M-1.09B-9.6M0.9512.0942,75040,5701,214,760966,200
2019-02-04$27.09$26.0028.5%8.7%25.4%28.9%30.2%4.0%1.3%34.3M-1.28B-9.3M1.1719.0638,30044,8001,181,630918,330
2019-02-05$27.07$27.0028.8%8.6%25.1%30.3%30.1%3.9%0.8%36.7M-1.29B-9.2M0.8610.6451,72044,2801,193,740938,260
2019-02-06$27.52$27.0029.0%8.3%24.3%31.0%29.5%3.5%-0.0%43.2M-1.49B-9.2M0.5710.50109,62062,2401,215,080957,020
2019-02-07$26.86$27.0032.6%9.6%22.9%45.0%33.5%4.3%0.6%30.3M-1.13B-9.5M0.8313.54161,390134,7401,239,150979,350
2019-02-08$27.33$27.0031.8%9.4%23.0%41.7%32.7%4.3%1.0%42.1M-1.31B-9.8M0.7511.3764,46048,6001,261,280994,100
2019-02-11$27.55$27.0031.0%9.0%23.0%38.7%32.4%4.6%0.7%39.4M-1.38B-9.7M1.3811.1646,39063,9301,302,310975,700
2019-02-12$27.87$27.0030.1%8.6%23.1%35.2%30.6%4.2%0.6%44.0M-1.53B-9.7M0.459.1673,92033,6101,333,4501,027,540
2019-02-13$28.11$27.0031.3%9.0%22.1%40.0%32.7%4.3%0.2%51.5M-1.67B-9.6M1.1313.0558,88066,3201,360,4401,037,890
2019-02-14$28.22$27.0033.0%9.4%20.1%46.3%32.9%5.3%0.8%51.6M-1.69B-9.6M0.7734.1983,38064,2601,367,2201,067,830
2019-02-15$28.18$27.0032.6%9.3%19.9%44.7%32.7%4.8%0.6%46.1M-1.68B-9.5M0.767.2782,44062,3001,376,9701,072,430
2019-02-19$28.19$27.0032.5%9.4%19.3%44.6%33.6%5.4%-1.4%35.0M-1.41B-9.4M0.865.4548,77041,9501,220,350924,330
2019-02-20$28.28$27.0033.0%9.5%18.3%46.6%33.1%5.7%-1.7%37.9M-1.45B-9.5M0.695.9762,03042,9401,241,610941,390
2019-02-21$28.03$27.0032.6%9.2%18.9%44.9%30.9%5.7%-1.7%33.7M-1.33B-9.6M0.537.8396,49051,1101,258,000957,590
2019-02-22$27.61$27.0032.9%9.6%18.9%45.9%32.9%5.3%-1.4%32.4M-1.16B-9.7M0.7611.9181,95062,2601,312,550960,130
2019-02-25$27.92$27.0030.7%9.2%18.3%37.6%31.8%5.7%-0.9%39.6M-1.31B-9.7M0.5710.2654,73031,0501,306,970951,170
2019-02-26$27.52$27.0031.0%9.4%19.3%38.8%32.2%5.7%-1.0%36.6M-1.14B-9.8M0.826.8537,04030,2401,337,170963,420
2019-02-27$27.11$27.2532.0%10.2%20.0%42.7%34.7%5.5%-1.4%30.5M-951.3M-9.7M0.9010.2548,28043,2501,347,650972,320
2019-02-28$27.50$27.2532.1%10.6%19.9%43.0%36.3%6.3%-1.4%38.8M-1.15B-9.8M0.6711.4564,35043,3901,363,290986,310