AVGO Options History — July 2019

In July 2019, AVGO traded between $27.43 and $30.38. ATM implied volatility averaged 26.5%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 6.6% (HV 20d: 33.1%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.82.

Notable Days

2019-07-03: Highest Volume — 328,050 contracts
2019-07-03: Largest IV spike — 12.7% change
2019-07-03: Highest IV Rank — 35.2%
2019-07-31: Largest Expected Move — 8.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$29.01	$27.43	$30.38	$29.97	$29.10
Max Pain	$29.30	$28.00	$30.00	$28.00	$29.75
ATM IV	26.5%	24.9%	29.4%	27.2%	27.8%
Expected Move	7.6%	7.0%	8.2%	7.5%	8.2%
HV 20d	33.1%	26.7%	38.8%	36.4%	28.2%
HV 60d	33.2%	31.5%	34.0%	31.5%	34.0%
IV Rank	24.6%	18.4%	35.2%	26.9%	29.3%
IV Percentile	23.3%	16.3%	37.3%	26.6%	31.0%
Term Structure	0.2%	-0.9%	1.6%	-0.1%	1.5%
VWIV	26.8%	24.9%	28.6%	26.6%	28.1%
Skew 25d	4.1%	3.7%	4.5%	4.4%	4.2%
Skew 10d	8.3%	7.0%	9.2%	9.1%	8.0%
Call IV 25d	24.8%	23.2%	27.3%	25.4%	25.9%
Put IV 25d	28.9%	27.1%	31.7%	29.8%	30.1%
Bid-Ask Spread %	12.78	6.77	27.12	27.12	13.15
Gamma HHI	0.09	0.05	0.22	0.09	0.05
Net GEX	28.9M	-8.7K	69.2M	45.3M	7.5M
Net DEX	-664.9M	-1.19B	-36.4M	-1.19B	-493.9M
Net VEX	-8.3M	-8.8M	-7.9M	-8.6M	-7.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.51	1.57	0.70	1.25
Total Volume	156,593.182	63,830	328,050	237,590	96,830
Total OI	2,150,805.909	1,809,170	2,405,840	2,137,400	1,870,090

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
2019-07-01	$29.97	$28.00	27.2%	7.5%	36.4%	26.9%	26.6%	4.4%	-0.1%	45.3M	-1.19B	-8.6M	0.70	27.12	139,930	97,660	1,085,630	1,051,770
2019-07-02	$29.50	$28.00	26.0%	7.1%	34.3%	22.8%	25.1%	4.5%	-0.2%	42.5M	-936.7M	-8.7M	0.63	24.12	91,580	57,830	1,121,110	1,089,680
2019-07-03	$28.31	$28.00	29.4%	8.1%	38.1%	35.2%	28.3%	4.4%	-0.9%	16.2M	-368.5M	-8.7M	0.93	8.36	169,780	158,270	1,136,850	1,099,000
2019-07-05	$28.32	$30.00	28.4%	8.1%	36.7%	31.8%	28.6%	4.5%	-0.8%	2.9M	-380.7M	-8.8M	0.83	16.85	91,040	75,820	1,201,060	1,173,860
2019-07-08	$27.50	$30.00	28.2%	7.8%	38.3%	30.7%	27.9%	4.2%	-0.7%	-8.7K	-39.4M	-8.3M	0.81	7.05	86,030	69,770	1,137,550	1,120,880
2019-07-09	$27.47	$30.00	27.6%	8.1%	37.4%	28.8%	28.4%	3.9%	0.7%	1.3M	-39.6M	-8.4M	0.75	7.85	77,010	57,760	1,169,020	1,135,160
2019-07-10	$27.43	$30.00	27.1%	7.9%	37.1%	26.7%	27.0%	3.9%	0.3%	3.4M	-36.4M	-8.3M	0.70	23.27	98,800	69,580	1,193,550	1,148,910
2019-07-11	$27.59	$29.00	25.9%	7.3%	36.9%	22.5%	26.1%	4.1%	-0.7%	9.7M	-129.1M	-8.2M	0.52	12.76	118,700	61,210	1,214,000	1,149,260
2019-07-12	$28.53	$29.00	24.9%	7.0%	38.8%	18.4%	24.9%	4.0%	-0.7%	68.4M	-684.3M	-8.5M	0.61	17.83	173,330	105,650	1,246,870	1,158,970
2019-07-15	$28.88	$29.00	25.9%	7.4%	34.0%	22.3%	26.7%	4.2%	0.0%	49.1M	-805.7M	-8.3M	0.51	9.05	149,570	76,220	1,201,780	1,110,470
2019-07-16	$28.46	$29.00	27.3%	7.8%	34.5%	27.4%	27.1%	3.8%	-0.8%	35.8M	-554.6M	-8.4M	0.67	12.99	77,210	51,590	1,212,400	1,133,910
2019-07-17	$28.57	$29.00	25.6%	7.3%	29.8%	21.2%	26.6%	4.0%	1.1%	44.7M	-626.0M	-8.4M	0.66	6.77	46,660	30,770	1,231,300	1,143,450
2019-07-18	$28.96	$29.00	25.3%	7.2%	30.1%	20.1%	26.3%	4.0%	0.4%	69.2M	-847.9M	-8.3M	0.53	10.19	76,330	40,310	1,240,270	1,149,740
2019-07-19	$29.09	$29.00	25.0%	7.1%	30.1%	19.0%	25.0%	3.9%	0.5%	47.2M	-1.01B	-8.2M	0.64	9.25	92,990	59,960	1,236,510	1,157,910
2019-07-22	$29.61	$29.00	26.3%	7.6%	30.1%	23.7%	26.7%	4.3%	0.5%	28.9M	-850.7M	-8.2M	0.56	8.84	152,990	86,010	886,310	922,860
2019-07-23	$30.11	$29.00	26.4%	7.6%	30.3%	24.3%	26.5%	3.9%	0.2%	32.4M	-974.5M	-8.2M	0.84	7.88	85,730	71,740	892,000	932,000
2019-07-24	$30.38	$30.00	25.6%	7.4%	30.1%	21.1%	26.9%	3.7%	0.3%	32.5M	-1.05B	-8.1M	0.77	9.25	58,810	45,320	903,550	960,780
2019-07-25	$30.07	$30.00	26.2%	7.5%	30.2%	23.5%	28.1%	4.0%	0.3%	27.8M	-927.6M	-8.1M	1.57	10.63	38,100	59,770	917,110	972,790
2019-07-26	$30.13	$30.00	25.1%	7.1%	29.9%	19.4%	26.4%	3.8%	0.4%	24.0M	-968.3M	-8.0M	1.22	11.46	51,590	63,130	921,560	990,220
2019-07-29	$30.20	$29.75	25.7%	7.5%	29.8%	21.7%	26.7%	4.0%	1.6%	24.7M	-895.3M	-8.0M	0.94	15.29	32,880	30,950	878,710	958,550
2019-07-30	$29.96	$30.00	26.2%	7.6%	26.7%	23.3%	26.8%	4.2%	1.0%	21.7M	-816.7M	-8.0M	1.31	11.16	30,280	39,560	890,470	969,860
2019-07-31	$29.10	$29.75	27.8%	8.2%	28.2%	29.3%	28.1%	4.2%	1.5%	7.5M	-493.9M	-7.9M	1.25	13.15	43,060	53,770	897,650	972,440