AVGO Options History — June 2020

In June 2020, AVGO traded between $28.97 and $31.88. ATM implied volatility averaged 37.5%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 1.5% (HV 20d: 36.0%). Max pain ranged from $28.00 to $32.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.76.

Notable Days

2020-06-18: Highest Volume — 940,670 contracts
2020-06-11: Largest IV spike — 17.5% change
2020-06-01: Highest IV Rank — 28.9%
2020-06-02: Largest Expected Move — 13.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.89	$28.97	$31.88	$28.97	$31.46
Max Pain	$30.55	$28.00	$32.00	$28.00	$32.00
ATM IV	37.5%	31.9%	42.8%	42.8%	34.8%
Expected Move	10.8%	8.7%	13.5%	13.4%	9.6%
HV 20d	36.0%	31.1%	40.5%	31.1%	35.8%
HV 60d	64.4%	40.1%	90.6%	90.6%	40.1%
IV Rank	22.1%	14.9%	28.9%	28.9%	18.6%
IV Percentile	64.3%	52.4%	77.0%	77.0%	56.3%
Term Structure	-0.5%	-3.8%	1.2%	-3.8%	-0.0%
VWIV	37.6%	30.7%	47.0%	47.0%	35.0%
Skew 25d	7.2%	4.7%	14.4%	14.4%	8.0%
Skew 10d	12.2%	7.6%	21.0%	14.6%	21.0%
Call IV 25d	34.3%	29.6%	38.9%	34.3%	31.5%
Put IV 25d	41.5%	34.3%	48.7%	48.7%	39.6%
Bid-Ask Spread %	69.69	60.76	79.10	64.77	63.06
Gamma HHI	0.08	0.05	0.19	0.06	0.07
Net GEX	13.9M	-12.0M	50.2M	616.7K	19.4M
Net DEX	-382.4M	-1.04B	83.9M	-68.9M	-304.2M
Net VEX	-7.4M	-8.0M	-6.7M	-7.2M	-7.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.76	0.18	1.31	0.67	0.92
Total Volume	170,553.636	44,500	940,670	114,640	65,010
Total OI	1,962,749.545	1,641,460	2,256,070	1,874,240	1,774,160

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
2020-06-01	$28.97	$28.00	42.8%	13.4%	31.1%	28.9%	47.0%	14.4%	-3.8%	616.7K	-68.9M	-7.2M	0.67	64.77	68,620	46,020	785,980	1,088,260
2020-06-02	$29.66	$28.00	42.7%	13.5%	31.8%	28.7%	45.6%	7.8%	-2.6%	7.3M	-294.2M	-7.2M	0.52	62.59	94,030	48,720	829,630	1,120,210
2020-06-03	$30.96	$28.00	39.9%	12.7%	34.2%	25.1%	43.5%	7.4%	-1.0%	19.7M	-664.9M	-7.1M	0.54	73.95	146,460	78,870	848,220	1,138,450
2020-06-04	$30.71	$30.00	37.0%	10.2%	34.5%	21.4%	33.2%	4.7%	-1.8%	18.7M	-594.2M	-7.1M	0.91	69.10	191,610	175,150	873,130	1,166,480
2020-06-05	$31.88	$30.00	31.9%	8.7%	36.0%	14.9%	30.8%	4.7%	-0.5%	50.2M	-1.04B	-6.7M	0.45	73.96	238,890	106,980	963,000	1,252,080
2020-06-08	$31.71	$30.00	32.5%	8.9%	36.1%	15.6%	30.7%	5.9%	-1.3%	25.1M	-793.6M	-6.7M	0.95	72.05	44,840	42,690	867,170	1,134,070
2020-06-09	$31.61	$30.00	33.4%	9.3%	36.3%	16.8%	32.8%	5.1%	-0.9%	23.4M	-741.0M	-6.9M	0.88	74.20	50,630	44,410	878,700	1,159,960
2020-06-10	$31.60	$30.00	34.4%	9.5%	34.9%	18.0%	35.4%	4.9%	-1.4%	23.9M	-726.1M	-7.1M	0.90	75.22	55,480	49,910	897,030	1,174,510
2020-06-11	$29.63	$31.00	40.4%	11.5%	40.5%	25.8%	39.9%	7.2%	-1.0%	-1.3M	-72.7M	-7.4M	0.68	75.23	99,570	67,390	906,670	1,199,660
2020-06-12	$29.90	$30.00	41.0%	11.6%	40.4%	26.5%	41.9%	8.5%	-1.4%	-758.7K	-151.1M	-7.4M	0.78	71.48	45,810	35,690	924,470	1,205,430
2020-06-15	$30.22	$30.00	41.1%	11.7%	39.3%	26.7%	43.2%	6.0%	0.0%	6.3M	-279.7M	-7.5M	0.87	75.48	50,380	43,960	883,820	1,176,820
2020-06-16	$30.93	$30.00	39.2%	11.3%	35.8%	24.3%	38.9%	6.4%	-0.0%	16.1M	-486.7M	-7.4M	0.48	79.10	90,970	43,800	899,870	1,186,330
2020-06-17	$31.36	$30.00	38.0%	10.9%	35.9%	22.7%	39.1%	5.8%	0.5%	20.4M	-622.6M	-7.4M	0.63	77.22	70,230	44,300	907,370	1,205,090
2020-06-18	$31.86	$31.00	36.7%	10.5%	35.7%	21.1%	34.2%	6.9%	1.2%	39.8M	-743.7M	-7.3M	0.18	72.69	800,310	140,360	914,570	1,224,560
2020-06-19	$31.14	$32.00	37.4%	10.7%	36.5%	22.0%	36.9%	7.0%	0.3%	-12.0M	83.9M	-8.0M	0.75	78.71	58,950	44,400	915,920	1,340,150
2020-06-22	$31.24	$32.00	37.2%	10.3%	36.5%	21.7%	38.7%	7.4%	0.3%	8.8M	-230.9M	-7.8M	0.95	63.77	43,660	41,380	658,200	983,260
2020-06-23	$31.25	$32.00	35.4%	9.9%	35.8%	19.4%	33.7%	8.1%	0.9%	11.9M	-232.3M	-7.9M	0.71	60.76	99,330	71,010	679,760	1,010,700
2020-06-24	$30.85	$32.00	36.8%	10.6%	36.3%	21.1%	36.5%	7.7%	1.0%	5.1M	-104.4M	-7.9M	0.87	62.90	29,990	26,220	690,450	1,030,940
2020-06-25	$30.79	$32.00	36.9%	10.6%	36.3%	21.2%	39.2%	8.1%	0.8%	4.1M	-81.7M	-7.9M	1.31	62.17	44,040	57,660	696,780	1,037,810
2020-06-26	$30.98	$32.00	37.8%	10.6%	36.0%	22.5%	35.3%	7.3%	0.3%	11.8M	-134.2M	-8.0M	0.77	62.82	62,190	47,760	722,160	1,069,620
2020-06-29	$30.84	$32.00	38.2%	10.6%	36.0%	22.9%	35.9%	9.5%	-0.6%	8.2M	-129.5M	-7.9M	0.92	61.89	23,170	21,330	708,320	1,050,720
2020-06-30	$31.46	$32.00	34.8%	9.6%	35.8%	18.6%	35.0%	8.0%	-0.0%	19.4M	-304.2M	-7.8M	0.92	63.06	33,930	31,080	719,700	1,054,460