AVGO Options History — May 2019

In May 2019, AVGO traded between $25.26 and $31.97. ATM implied volatility averaged 34.0%, placing in the 52.3% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 9.5% (HV 20d: 24.4%). Max pain ranged from $25.00 to $31.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.01.

Notable Days

2019-05-20: Highest Volume — 303,840 contracts
2019-05-06: Largest IV spike — 18.0% change
2019-05-20: Highest IV Rank — 79.6%
2019-05-20: Largest Expected Move — 11.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$28.73	$25.26	$31.97	$31.97	$25.26
Max Pain	$26.18	$25.00	$31.00	$31.00	$26.00
ATM IV	34.0%	22.1%	41.3%	22.1%	38.2%
Expected Move	9.9%	6.0%	11.8%	6.0%	11.4%
HV 20d	24.4%	15.3%	32.9%	15.3%	31.1%
HV 60d	26.4%	23.4%	29.7%	23.7%	29.4%
IV Rank	52.3%	8.0%	79.6%	8.0%	67.9%
IV Percentile	71.8%	5.6%	95.2%	5.6%	90.5%
Term Structure	0.3%	-2.1%	4.5%	4.3%	-1.0%
VWIV	34.1%	21.4%	39.9%	21.4%	38.3%
Skew 25d	6.0%	2.8%	9.3%	2.8%	6.0%
Skew 10d	11.3%	4.0%	14.4%	4.0%	11.6%
Call IV 25d	31.1%	19.9%	36.5%	19.9%	36.1%
Put IV 25d	37.1%	22.6%	44.5%	22.6%	42.1%
Bid-Ask Spread %	33.55	10.29	65.43	13.27	61.74
Gamma HHI	0.09	0.06	0.32	0.11	0.11
Net GEX	9.1M	-54.2M	58.0M	58.0M	-9.3M
Net DEX	-637.6M	-2.21B	640.8M	-2.21B	627.8M
Net VEX	-9.5M	-10.2M	-8.7M	-9.1M	-8.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.01	0.66	1.56	0.93	0.99
Total Volume	177,081.364	78,820	303,840	115,440	120,480
Total OI	2,732,794.545	2,549,050	2,994,560	2,594,940	2,791,550

Daily Data (22 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
2019-05-01	$31.97	$31.00	22.1%	6.0%	15.3%	8.0%	21.4%	2.8%	4.3%	58.0M	-2.21B	-9.1M	0.93	13.27	59,970	55,470	1,399,080	1,195,860
2019-05-02	$31.55	$31.00	25.2%	6.8%	16.3%	19.7%	24.0%	4.2%	3.3%	41.0M	-1.92B	-9.3M	1.22	15.88	54,410	66,230	1,406,320	1,210,600
2019-05-03	$31.56	$31.00	25.0%	6.5%	16.1%	19.1%	23.0%	3.4%	4.5%	38.5M	-1.91B	-9.4M	0.77	12.50	88,470	67,930	1,430,310	1,249,780
2019-05-06	$31.09	$25.00	29.5%	9.1%	17.1%	35.8%	31.5%	5.1%	0.9%	26.4M	-1.64B	-9.7M	1.42	11.27	58,590	83,040	1,421,150	1,207,390
2019-05-07	$30.54	$25.00	33.9%	9.9%	18.4%	52.1%	36.3%	9.3%	1.1%	16.1M	-1.31B	-10.2M	1.56	17.86	52,260	81,600	1,436,420	1,223,320
2019-05-08	$30.39	$25.00	32.7%	9.9%	18.4%	47.6%	34.9%	7.4%	0.9%	13.1M	-1.25B	-10.0M	0.67	10.29	47,210	31,610	1,447,430	1,223,250
2019-05-09	$30.42	$25.00	34.1%	10.1%	17.7%	52.8%	35.9%	7.2%	1.2%	18.3M	-1.27B	-10.0M	1.19	65.43	114,700	136,130	1,465,840	1,224,760
2019-05-10	$30.31	$25.00	30.7%	9.5%	17.6%	40.1%	33.5%	5.7%	3.3%	15.9M	-1.21B	-9.9M	1.48	13.36	88,420	131,200	1,498,150	1,262,540
2019-05-13	$29.23	$25.00	35.6%	10.8%	18.9%	58.4%	36.9%	7.5%	0.5%	3.4M	-647.8M	-9.8M	1.20	18.07	75,020	89,750	1,465,540	1,223,600
2019-05-14	$30.20	$25.00	33.2%	9.7%	23.0%	49.4%	33.0%	6.0%	0.1%	14.7M	-1.20B	-9.9M	0.76	11.20	110,160	83,620	1,513,740	1,283,260
2019-05-15	$30.50	$25.00	33.0%	9.5%	23.3%	48.7%	31.3%	5.5%	0.1%	25.0M	-1.41B	-9.5M	0.99	12.51	87,570	86,440	1,530,910	1,294,900
2019-05-16	$29.77	$25.00	33.3%	9.3%	24.1%	49.6%	31.8%	5.0%	-1.2%	3.6M	-895.5M	-9.7M	0.66	10.71	169,930	112,170	1,572,520	1,340,820
2019-05-17	$28.99	$25.00	35.6%	10.0%	25.5%	58.3%	34.5%	4.8%	-0.8%	-54.2M	-395.1M	-9.9M	0.80	33.64	151,960	121,110	1,625,940	1,368,620
2019-05-20	$27.38	$25.00	41.3%	11.8%	31.4%	79.6%	39.8%	8.1%	-2.1%	1.3M	-53.4M	-9.6M	0.88	56.50	161,300	142,540	1,373,160	1,175,890
2019-05-21	$27.50	$26.00	36.5%	10.4%	31.6%	61.6%	36.2%	6.0%	-1.1%	843.0K	-116.3M	-9.7M	0.88	37.05	94,360	83,400	1,441,680	1,229,420
2019-05-22	$27.03	$26.00	35.8%	10.3%	31.6%	59.1%	35.6%	6.0%	-0.7%	-2.8M	84.2M	-9.4M	0.73	51.04	103,870	75,750	1,476,440	1,250,370
2019-05-23	$26.14	$26.00	39.4%	11.4%	32.8%	72.4%	39.1%	7.7%	-1.5%	-3.7M	446.0M	-9.3M	0.95	47.76	110,200	104,800	1,516,320	1,264,020
2019-05-24	$25.68	$26.00	38.1%	11.0%	32.9%	67.5%	37.2%	6.2%	-0.8%	-3.2M	603.4M	-8.9M	1.38	58.62	79,270	109,340	1,548,770	1,278,270
2019-05-28	$25.44	$26.00	38.2%	11.1%	32.2%	68.1%	38.5%	7.0%	-1.3%	-4.6M	640.8M	-8.7M	0.97	55.90	84,940	82,080	1,463,850	1,266,580
2019-05-29	$25.49	$26.00	39.0%	11.5%	31.1%	70.9%	39.9%	6.1%	-1.9%	-1.4M	572.3M	-8.8M	0.99	60.99	57,820	57,090	1,493,130	1,269,540
2019-05-30	$25.64	$26.00	36.8%	11.1%	31.0%	62.9%	37.7%	6.1%	-1.0%	3.2M	449.6M	-8.7M	0.89	62.55	65,240	58,340	1,508,610	1,251,830
2019-05-31	$25.26	$26.00	38.2%	11.4%	31.1%	67.9%	38.3%	6.0%	-1.0%	-9.3M	627.8M	-8.7M	0.99	61.74	60,400	60,080	1,521,730	1,269,820