AVGO Options History — January 2021

In January 2021, AVGO traded between $42.55 and $46.68. ATM implied volatility averaged 29.7%, placing in the 8.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 6.9% (HV 20d: 22.8%). Max pain ranged from $43.00 to $45.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.90.

Notable Days

2021-01-04: Highest Volume — 151,270 contracts
2021-01-27: Largest IV spike — 14.0% change
2021-01-04: Highest IV Rank — 12.8%
2021-01-27: Largest Expected Move — 10.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.95	$42.55	$46.68	$42.55	$45.18
Max Pain	$43.78	$43.00	$45.00	$43.00	$44.50
ATM IV	29.7%	27.6%	33.6%	32.2%	32.0%
Expected Move	8.6%	7.9%	10.6%	9.0%	10.0%
HV 20d	22.8%	20.4%	28.4%	23.4%	28.2%
HV 60d	25.7%	24.2%	26.3%	25.3%	25.7%
IV Rank	8.0%	4.9%	12.8%	12.8%	6.7%
IV Percentile	13.3%	4.0%	30.2%	22.2%	20.2%
Term Structure	0.3%	-2.0%	4.2%	0.2%	-1.2%
VWIV	31.1%	28.0%	38.6%	33.9%	38.6%
Skew 25d	4.0%	2.3%	10.5%	3.9%	4.0%
Skew 10d	7.8%	4.9%	12.9%	8.0%	10.4%
Call IV 25d	28.3%	26.4%	32.6%	31.0%	32.6%
Put IV 25d	32.3%	29.5%	40.0%	34.9%	36.6%
Bid-Ask Spread %	49.71	39.76	60.27	49.94	47.12
Gamma HHI	0.12	0.04	0.51	0.07	0.04
Net GEX	46.7M	5.6M	165.3M	23.7M	9.5M
Net DEX	-1.05B	-1.49B	-576.4M	-725.5M	-731.7M
Net VEX	-5.9M	-7.2M	-5.4M	-5.6M	-7.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.90	0.30	2.15	1.03	0.95
Total Volume	96,328.421	51,770	151,270	151,270	101,610
Total OI	1,450,317.895	1,070,940	1,768,170	1,592,480	1,288,410

Daily Data (19 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
2021-01-04	$42.55	$43.00	32.2%	9.0%	23.4%	12.8%	33.9%	3.9%	0.2%	23.7M	-725.5M	-5.6M	1.03	49.94	74,550	76,720	510,430	1,082,050
2021-01-05	$42.61	$43.00	30.1%	8.7%	22.0%	10.1%	31.9%	5.1%	0.4%	23.4M	-738.8M	-5.6M	2.15	55.99	20,780	44,720	518,820	1,106,170
2021-01-06	$42.69	$43.00	29.8%	8.5%	20.8%	9.7%	30.6%	5.8%	0.2%	24.4M	-736.2M	-5.7M	0.83	60.27	55,020	45,600	527,240	1,131,670
2021-01-07	$44.31	$43.00	28.1%	8.3%	24.3%	7.5%	32.7%	3.3%	-0.3%	69.4M	-1.25B	-5.4M	1.11	57.94	50,090	55,530	555,980	1,142,340
2021-01-08	$44.48	$43.00	28.3%	8.3%	22.9%	7.7%	29.3%	3.2%	0.5%	165.3M	-1.31B	-5.4M	0.65	57.06	61,170	40,030	571,380	1,151,630
2021-01-11	$44.58	$43.00	30.7%	8.6%	22.3%	10.9%	31.3%	6.2%	-1.5%	45.3M	-1.18B	-5.5M	0.40	48.64	81,450	32,470	530,300	1,122,790
2021-01-12	$44.93	$43.00	27.9%	8.5%	21.2%	7.2%	30.1%	3.4%	3.5%	60.1M	-1.32B	-5.6M	0.30	48.98	82,130	24,300	558,860	1,137,410
2021-01-13	$45.08	$43.00	28.2%	8.1%	20.7%	7.5%	28.6%	4.6%	0.0%	74.7M	-1.38B	-5.7M	0.71	56.65	31,420	22,260	586,680	1,143,200
2021-01-14	$45.30	$44.00	29.2%	8.2%	20.5%	8.9%	28.4%	3.0%	0.1%	78.5M	-1.49B	-5.4M	0.53	52.91	55,690	29,790	597,750	1,147,740
2021-01-15	$44.62	$44.00	29.3%	8.1%	20.4%	9.0%	28.7%	3.9%	-2.0%	85.8M	-1.27B	-5.6M	0.79	59.30	61,280	48,340	606,770	1,161,400
2021-01-19	$45.90	$44.00	28.3%	8.1%	22.3%	7.8%	28.8%	3.1%	0.1%	32.5M	-1.01B	-5.4M	0.68	42.04	51,490	34,940	437,600	633,340
2021-01-20	$46.18	$44.00	27.6%	7.9%	22.0%	5.8%	28.0%	2.8%	-0.1%	40.7M	-1.09B	-5.4M	0.88	39.76	56,600	50,080	456,080	649,550
2021-01-21	$46.67	$44.00	28.3%	8.1%	21.6%	5.9%	28.9%	3.0%	-1.6%	47.2M	-1.20B	-5.7M	0.70	40.90	73,300	51,570	481,680	680,030
2021-01-22	$46.68	$44.50	28.6%	8.0%	21.6%	5.7%	28.6%	2.6%	1.5%	38.2M	-1.26B	-6.1M	1.10	41.85	37,930	41,610	532,100	702,080
2021-01-25	$46.28	$44.50	30.4%	8.5%	21.4%	6.2%	30.4%	2.3%	0.1%	24.1M	-987.6M	-6.3M	0.64	45.02	47,400	30,210	491,390	674,570
2021-01-26	$46.42	$44.75	29.5%	8.5%	21.3%	4.9%	30.7%	2.9%	1.8%	25.8M	-1.02B	-6.4M	1.19	45.05	23,680	28,090	498,710	684,190
2021-01-27	$44.34	$45.00	33.6%	10.6%	27.7%	10.5%	38.0%	10.5%	4.2%	5.6M	-576.4M	-6.8M	1.45	48.07	47,780	69,260	509,520	696,320
2021-01-28	$45.31	$44.50	31.5%	9.0%	28.4%	7.3%	32.6%	2.4%	0.4%	12.4M	-760.5M	-6.9M	0.98	47.01	46,030	45,320	516,530	733,330
2021-01-29	$45.18	$44.50	32.0%	10.0%	28.2%	6.7%	38.6%	4.0%	-1.2%	9.5M	-731.7M	-7.2M	0.95	47.12	52,240	49,370	535,320	753,090