AVGO Options History — March 2019

In March 2019, AVGO traded between $26.37 and $30.09. ATM implied volatility averaged 28.9%, placing in the 30.7% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 2.0% (HV 20d: 26.9%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.73.

Notable Days

  • 2019-03-19: Highest Volume — 1,936,520 contracts
  • 2019-03-15: Largest IV drop — 30.3% change
  • 2019-03-07: Highest IV Rank — 60.3%
  • 2019-03-06: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.36$26.37$30.09$27.36$30.09
Max Pain$27.20$26.00$28.00$27.25$28.00
ATM IV28.9%23.3%36.6%32.4%24.0%
Expected Move9.0%6.7%14.3%11.0%7.0%
HV 20d26.9%18.8%34.9%19.3%33.2%
HV 60d32.9%31.0%34.2%34.1%32.5%
IV Rank30.7%8.7%60.3%44.3%11.6%
IV Percentile40.9%5.2%85.7%67.5%7.9%
Term Structure-0.8%-2.2%0.2%-1.6%0.1%
VWIV31.8%23.6%50.0%37.7%24.6%
Skew 25d4.3%2.8%6.3%5.8%3.5%
Skew 10d8.3%5.5%11.6%10.8%6.1%
Call IV 25d27.1%22.0%34.5%29.8%22.0%
Put IV 25d31.4%25.3%40.3%35.6%25.5%
Bid-Ask Spread %13.436.7254.018.3411.18
Gamma HHI0.100.070.190.100.11
Net GEX46.7M21.9M116.4M36.2M63.2M
Net DEX-1.36B-2.36B-611.1M-1.09B-1.77B
Net VEX-9.6M-10.1M-9.1M-9.8M-9.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.061.610.510.86
Total Volume375,884.28685,7501,936,520139,990173,460
Total OI2,496,723.3332,338,3802,894,6602,380,4902,605,600

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$27.36$27.2532.4%11.0%19.3%44.3%37.7%5.8%-1.6%36.2M-1.09B-9.8M0.518.3492,92047,0701,382,400998,090
2019-03-04$27.45$27.2535.4%13.5%19.2%55.6%47.1%6.3%-2.0%38.9M-1.15B-9.9M0.698.0367,01046,2601,366,640971,740
2019-03-05$27.78$27.2533.7%12.6%18.8%49.2%44.3%5.9%-1.5%47.3M-1.33B-9.9M0.8810.7245,68040,0701,393,320987,830
2019-03-06$27.20$27.2535.5%14.3%20.5%56.3%50.0%6.1%-1.2%34.5M-1.03B-10.0M0.897.6577,92069,7301,402,180994,840
2019-03-07$26.49$27.2536.6%14.2%21.6%60.3%49.9%5.8%-1.8%21.9M-683.5M-10.0M1.0911.03106,770116,0401,426,2601,009,970
2019-03-08$26.37$27.0035.4%14.2%19.9%55.6%48.4%5.7%-1.5%25.7M-611.1M-10.1M1.0511.9878,55082,2301,456,8201,052,520
2019-03-11$26.85$26.0032.3%8.2%20.0%43.6%29.8%5.2%-1.7%33.2M-875.7M-9.9M0.6212.5973,76045,4401,419,8901,029,870
2019-03-12$26.90$26.0031.7%8.0%19.7%41.3%27.9%5.0%-1.2%35.7M-922.5M-9.9M0.8112.0779,18064,0301,455,8301,055,650
2019-03-13$27.13$26.0032.2%8.1%19.5%43.4%28.4%5.1%-1.2%39.5M-1.06B-9.8M0.6327.93162,250102,0901,482,8801,078,670
2019-03-14$26.98$26.0034.8%8.4%19.2%53.3%29.0%3.9%-2.2%41.6M-1.04B-9.9M0.8054.01269,890216,5201,546,6101,113,760
2019-03-15$28.82$26.0024.2%6.8%30.9%12.4%24.1%3.6%-0.8%116.4M-2.36B-9.1M0.5412.94667,880360,2301,660,3601,234,300
2019-03-18$29.45$27.0023.3%6.7%31.7%8.7%23.6%3.1%-0.0%61.6M-2.04B-9.1M0.5011.65229,700115,0301,405,2801,070,920
2019-03-19$29.95$27.0023.6%6.7%32.1%10.0%27.1%3.1%-0.6%70.3M-2.32B-9.1M0.0610.161,833,880102,6401,477,1401,122,950
2019-03-20$29.13$28.0024.1%7.0%33.9%12.2%25.3%3.0%0.1%32.1M-1.31B-9.3M0.3210.17513,900165,4601,256,6001,168,470
2019-03-21$29.81$28.0023.8%6.8%34.5%10.8%24.7%2.8%-0.1%61.3M-1.69B-9.2M0.227.71440,62097,4901,293,4401,206,640
2019-03-22$29.23$28.0025.3%7.3%34.9%16.5%26.0%3.4%0.0%35.7M-1.31B-9.5M0.2413.61402,75097,2001,306,1301,233,710
2019-03-25$29.33$28.0025.6%7.4%34.7%17.7%26.1%3.5%-0.2%36.1M-1.35B-9.4M1.606.7254,53087,2401,226,2701,146,100
2019-03-26$29.55$28.0024.7%7.1%34.2%14.3%25.3%3.4%0.0%43.8M-1.48B-9.2M0.8213.56106,05087,2701,246,2601,154,010
2019-03-27$29.63$28.0024.4%7.0%33.5%13.3%24.5%3.7%0.2%48.7M-1.51B-9.4M1.618.4251,78083,4001,291,2401,185,640
2019-03-28$29.99$28.0024.6%7.1%33.4%13.9%24.8%3.0%-0.2%57.8M-1.67B-9.4M0.6811.57202,230137,4201,296,9001,217,460
2019-03-29$30.09$28.0024.0%7.0%33.2%11.6%24.6%3.5%0.1%63.2M-1.77B-9.3M0.8611.1893,33080,1301,352,5801,253,020