AVGO Options History — August 2019

In August 2019, AVGO traded between $26.54 and $28.78. ATM implied volatility averaged 37.8%, placing in the 66.7% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 5.3% (HV 20d: 32.6%). Max pain ranged from $28.00 to $29.75. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.95.

Notable Days

2019-08-09: Highest Volume — 255,470 contracts
2019-08-05: Largest IV spike — 20.8% change
2019-08-23: Highest IV Rank — 85.3%
2019-08-28: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.70	$26.54	$28.78	$28.59	$28.26
Max Pain	$28.16	$28.00	$29.75	$29.75	$28.00
ATM IV	37.8%	30.7%	42.9%	30.7%	39.5%
Expected Move	11.2%	9.3%	12.9%	9.3%	12.3%
HV 20d	32.6%	24.7%	39.6%	24.7%	38.4%
HV 60d	34.1%	32.9%	35.3%	34.0%	33.8%
IV Rank	66.7%	40.0%	85.3%	40.0%	72.9%
IV Percentile	82.0%	45.6%	95.6%	45.6%	88.5%
Term Structure	-0.2%	-3.1%	4.2%	1.5%	-1.9%
VWIV	39.2%	33.3%	46.4%	33.3%	43.8%
Skew 25d	7.6%	5.1%	10.2%	5.1%	8.3%
Skew 10d	14.6%	9.0%	20.7%	11.5%	15.4%
Call IV 25d	34.2%	28.8%	39.1%	28.8%	36.0%
Put IV 25d	41.9%	33.9%	49.3%	33.9%	44.3%
Bid-Ask Spread %	23.94	8.97	48.41	18.04	8.97
Gamma HHI	0.08	0.05	0.45	0.05	0.07
Net GEX	6.9M	-13.1M	86.8M	-745.4K	10.8M
Net DEX	-123.4M	-521.2M	282.7M	-286.6M	-326.0M
Net VEX	-7.9M	-8.2M	-7.7M	-8.1M	-7.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.42	1.50	1.14	1.33
Total Volume	115,360	28,600	255,470	165,060	128,900
Total OI	1,980,425	1,852,250	2,096,090	1,894,280	2,048,580

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
2019-08-01	$28.59	$29.75	30.7%	9.3%	24.7%	40.0%	33.3%	5.1%	1.5%	-745.4K	-286.6M	-8.1M	1.14	18.04	77,120	87,940	904,840	989,440
2019-08-02	$27.81	$29.75	32.7%	9.7%	26.7%	47.6%	33.6%	5.4%	1.6%	-13.1M	11.4M	-8.0M	1.07	48.41	71,780	76,500	924,500	1,009,080
2019-08-05	$26.80	$28.00	39.5%	11.4%	27.9%	72.9%	38.2%	7.4%	1.4%	-7.5M	194.0M	-7.7M	1.17	23.75	70,500	82,810	892,840	959,410
2019-08-06	$26.54	$28.00	37.4%	10.7%	28.0%	65.0%	38.3%	8.6%	0.7%	-11.0M	282.7M	-7.7M	1.29	11.71	53,940	69,670	918,710	980,740
2019-08-07	$27.05	$28.00	37.9%	11.1%	29.0%	67.0%	40.1%	8.1%	0.9%	-6.9M	115.5M	-7.9M	1.33	12.70	61,130	81,560	942,520	1,004,270
2019-08-08	$27.07	$28.00	34.2%	10.0%	28.9%	53.2%	36.5%	5.1%	1.2%	-6.5M	108.5M	-7.8M	0.51	10.54	128,750	65,300	963,110	1,018,770
2019-08-09	$27.77	$28.00	34.1%	10.5%	27.7%	52.7%	37.2%	6.4%	4.2%	86.8M	-218.7M	-8.1M	0.44	32.76	177,580	77,890	1,053,090	1,043,000
2019-08-12	$27.61	$28.00	38.7%	11.2%	27.3%	70.0%	38.3%	7.3%	-1.0%	1.6M	-113.3M	-8.2M	0.69	26.94	37,350	25,780	960,490	1,029,330
2019-08-13	$28.41	$28.00	35.5%	10.5%	29.0%	58.1%	36.4%	6.7%	0.6%	13.0M	-403.9M	-8.1M	0.42	21.62	104,480	44,340	973,180	1,037,130
2019-08-14	$27.10	$28.00	41.1%	12.1%	33.4%	79.0%	41.2%	7.8%	1.9%	-6.7M	77.0M	-8.0M	0.83	29.93	49,190	40,610	1,003,580	1,049,250
2019-08-15	$26.91	$28.00	40.7%	11.6%	32.8%	77.4%	38.6%	8.2%	-0.6%	-10.7M	146.0M	-7.8M	0.81	30.50	57,040	46,260	1,012,060	1,056,740
2019-08-16	$27.42	$28.00	37.7%	11.0%	33.7%	66.0%	38.3%	7.0%	1.0%	9.3M	-72.4M	-7.9M	1.14	20.92	51,550	58,510	1,030,950	1,063,530
2019-08-19	$27.91	$28.00	36.2%	10.4%	33.7%	60.5%	36.6%	7.8%	-1.2%	9.8M	-253.5M	-7.8M	0.80	9.59	37,610	30,140	911,810	972,180
2019-08-20	$28.14	$28.00	36.7%	10.5%	33.1%	62.5%	37.0%	7.8%	-1.6%	12.8M	-318.3M	-7.8M	0.75	15.06	60,380	45,420	926,000	988,530
2019-08-21	$28.66	$28.00	36.3%	10.4%	33.8%	60.8%	36.9%	7.5%	-1.7%	20.7M	-494.5M	-7.8M	0.84	37.75	44,820	37,500	935,950	1,009,530
2019-08-22	$28.78	$28.00	37.5%	10.9%	33.8%	65.5%	38.0%	8.2%	-2.3%	22.9M	-521.2M	-8.0M	0.90	16.83	26,140	23,430	947,700	1,026,190
2019-08-23	$27.23	$28.00	42.9%	12.6%	38.6%	85.3%	42.6%	10.2%	-3.1%	-1.5M	42.4M	-7.8M	1.50	27.34	73,380	109,730	956,430	1,036,750
2019-08-26	$27.64	$28.00	41.4%	12.6%	39.2%	80.0%	46.4%	8.7%	-1.5%	3.2M	-108.9M	-8.0M	1.08	41.00	13,750	14,850	938,780	1,031,670
2019-08-27	$27.72	$28.00	41.6%	12.5%	39.3%	80.5%	42.6%	9.8%	-1.7%	5.0M	-123.5M	-7.9M	1.21	45.63	23,350	28,140	945,580	1,038,260
2019-08-28	$27.52	$28.00	41.0%	12.9%	38.1%	78.3%	45.0%	8.6%	-1.5%	1.2M	-58.4M	-7.8M	0.83	22.28	33,730	27,960	957,920	1,050,690
2019-08-29	$28.42	$28.00	39.2%	12.2%	39.6%	71.7%	44.0%	8.4%	-2.0%	18.4M	-393.1M	-7.9M	0.81	14.30	44,840	36,270	969,180	1,057,060
2019-08-30	$28.26	$28.00	39.5%	12.3%	38.4%	72.9%	43.8%	8.3%	-1.9%	10.8M	-326.0M	-7.8M	1.33	8.97	55,250	73,650	978,030	1,070,550