AVGO Options History — July 2020

In July 2020, AVGO traded between $30.61 and $32.25. ATM implied volatility averaged 33.6%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 12.4% (HV 20d: 21.2%). Max pain ranged from $32.00 to $32.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.86.

Notable Days

2020-07-09: Highest Volume — 191,680 contracts
2020-07-13: Largest IV spike — 8.7% change
2020-07-13: Highest IV Rank — 22.7%
2020-07-13: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.41	$30.61	$32.25	$31.45	$31.59
Max Pain	$32.00	$32.00	$32.00	$32.00	$32.00
ATM IV	33.6%	30.6%	38.0%	33.9%	32.3%
Expected Move	9.5%	8.5%	11.0%	9.0%	8.8%
HV 20d	21.2%	15.6%	32.5%	32.5%	17.5%
HV 60d	32.8%	29.1%	36.7%	36.7%	29.2%
IV Rank	17.0%	13.2%	22.7%	17.4%	15.4%
IV Percentile	49.1%	32.5%	65.5%	54.0%	43.3%
Term Structure	0.9%	-3.1%	5.8%	-0.2%	5.8%
VWIV	34.0%	30.0%	42.8%	34.3%	30.9%
Skew 25d	7.3%	5.6%	9.2%	8.6%	6.0%
Skew 10d	15.6%	12.5%	21.3%	12.5%	21.3%
Call IV 25d	30.3%	26.0%	34.4%	29.8%	27.6%
Put IV 25d	37.6%	33.6%	41.7%	38.4%	33.6%
Bid-Ask Spread %	58.53	47.96	67.31	65.31	52.49
Gamma HHI	0.06	0.04	0.09	0.07	0.07
Net GEX	10.5M	-16.1M	33.2M	22.5M	23.5M
Net DEX	-245.7M	-502.6M	-2.5M	-307.9M	-332.1M
Net VEX	-7.6M	-7.7M	-7.4M	-7.7M	-7.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.86	0.22	2.95	1.06	0.47
Total Volume	98,809.091	40,760	191,680	40,760	117,470
Total OI	1,811,985	1,586,980	2,055,300	1,798,970	1,794,030

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
2020-07-01	$31.45	$32.00	33.9%	9.0%	32.5%	17.4%	34.3%	8.6%	-0.2%	22.5M	-307.9M	-7.7M	1.06	65.31	19,820	20,940	733,320	1,065,650
2020-07-02	$31.77	$32.00	33.8%	8.9%	32.5%	17.3%	32.8%	7.9%	0.5%	26.6M	-399.7M	-7.7M	0.77	65.08	45,990	35,600	733,030	1,074,530
2020-07-06	$31.83	$32.00	33.6%	9.8%	29.6%	17.0%	34.8%	8.3%	1.1%	21.3M	-391.8M	-7.4M	0.75	63.27	90,030	67,910	713,260	1,055,450
2020-07-07	$31.45	$32.00	34.2%	10.1%	29.8%	17.8%	35.6%	6.6%	-0.2%	14.4M	-259.5M	-7.5M	1.00	62.01	36,160	36,320	723,040	1,072,690
2020-07-08	$31.84	$32.00	35.3%	9.6%	30.2%	19.2%	35.3%	7.7%	-3.1%	21.4M	-365.3M	-7.4M	0.59	64.39	36,170	21,480	737,940	1,093,330
2020-07-09	$32.25	$32.00	35.5%	10.0%	30.5%	19.5%	37.1%	7.1%	-0.1%	33.2M	-502.6M	-7.5M	0.45	62.72	132,090	59,590	756,590	1,104,370
2020-07-10	$31.84	$32.00	35.0%	9.9%	19.2%	18.8%	38.6%	7.2%	-0.3%	29.0M	-412.0M	-7.7M	0.46	67.15	61,240	28,260	822,370	1,134,170
2020-07-13	$31.31	$32.00	38.0%	11.0%	20.4%	22.7%	37.5%	7.2%	0.0%	14.6M	-222.2M	-7.6M	0.51	67.31	106,410	54,370	802,860	1,108,270
2020-07-14	$31.45	$32.00	37.0%	10.7%	20.2%	21.4%	42.8%	7.9%	0.6%	10.6M	-225.6M	-7.7M	0.97	64.41	50,220	48,650	825,450	1,135,830
2020-07-15	$31.47	$32.00	35.3%	10.2%	18.5%	19.3%	33.7%	6.4%	0.1%	7.0M	-231.3M	-7.7M	0.76	62.72	75,810	57,690	834,010	1,164,460
2020-07-16	$31.21	$32.00	34.8%	10.0%	18.2%	18.6%	36.4%	6.8%	0.4%	-1.2M	-110.0M	-7.7M	2.95	65.22	34,680	102,330	840,450	1,174,480
2020-07-17	$31.43	$32.00	32.8%	9.3%	17.4%	16.1%	32.0%	8.1%	-0.4%	-1.1M	-160.4M	-7.7M	0.79	65.82	38,140	30,250	850,680	1,204,620
2020-07-20	$31.71	$32.00	32.2%	9.2%	15.6%	15.3%	32.7%	6.7%	1.6%	3.7M	-317.8M	-7.5M	0.22	47.96	138,930	31,170	627,520	959,460
2020-07-21	$31.43	$32.00	32.1%	9.2%	16.0%	15.1%	32.2%	6.6%	0.8%	17.0M	-292.4M	-7.7M	0.65	50.58	60,860	39,480	696,590	975,770
2020-07-22	$31.39	$32.00	30.6%	8.8%	16.0%	13.2%	30.3%	6.3%	0.7%	15.6M	-269.1M	-7.6M	0.65	49.32	39,750	25,810	708,600	999,820
2020-07-23	$30.96	$32.00	31.7%	9.1%	16.1%	14.6%	31.0%	7.2%	0.7%	1.2M	-128.4M	-7.7M	0.79	51.46	44,800	35,570	712,420	1,008,800
2020-07-24	$30.61	$32.00	33.2%	9.5%	16.6%	16.6%	32.4%	7.5%	-0.0%	-16.1M	-2.5M	-7.7M	0.97	51.82	33,910	32,850	718,940	1,024,890
2020-07-27	$31.18	$32.00	30.8%	8.7%	17.8%	13.5%	30.4%	5.6%	3.2%	-3.5M	-166.5M	-7.6M	0.56	51.72	57,180	31,860	663,670	1,004,320
2020-07-28	$30.79	$32.00	32.7%	8.9%	18.3%	15.9%	31.8%	8.4%	2.5%	-6.3M	-59.1M	-7.5M	1.53	50.99	27,400	42,040	690,670	1,021,080
2020-07-29	$30.87	$32.00	30.9%	8.5%	16.7%	13.6%	30.0%	9.2%	2.6%	-5.3M	-82.2M	-7.5M	0.92	53.44	22,000	20,290	701,850	1,036,900
2020-07-30	$31.14	$32.00	32.8%	8.8%	17.1%	16.0%	34.7%	7.9%	2.9%	3.7M	-167.8M	-7.7M	1.02	52.45	40,710	41,570	711,880	1,045,610
2020-07-31	$31.59	$32.00	32.3%	8.8%	17.5%	15.4%	30.9%	6.0%	5.8%	23.5M	-332.1M	-7.6M	0.47	52.49	80,050	37,420	723,340	1,070,690