AVGO Options History — February 2021

In February 2021, AVGO traded between $45.85 and $49.07. ATM implied volatility averaged 35.8%, placing in the 11.6% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 6.8% (HV 20d: 29.0%). Max pain ranged from $41.00 to $45.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.97.

Notable Days

2021-02-19: Highest Volume — 174,980 contracts
2021-02-04: Largest IV spike — 23.6% change
2021-02-25: Highest IV Rank — 19.5%
2021-02-25: Largest Expected Move — 13.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$47.51	$45.85	$49.07	$46.82	$47.48
Max Pain	$42.57	$41.00	$45.00	$44.75	$43.00
ATM IV	35.8%	27.8%	41.4%	30.4%	40.0%
Expected Move	10.4%	8.1%	13.0%	9.2%	11.7%
HV 20d	29.0%	27.4%	30.9%	30.7%	30.9%
HV 60d	24.1%	22.6%	26.6%	26.4%	26.6%
IV Rank	11.6%	0.5%	19.5%	4.1%	17.5%
IV Percentile	44.0%	2.8%	73.0%	13.5%	69.4%
Term Structure	0.1%	-3.4%	6.4%	4.0%	-1.1%
VWIV	37.7%	29.3%	46.2%	36.0%	37.9%
Skew 25d	4.9%	0.7%	7.2%	7.1%	6.2%
Skew 10d	10.7%	3.6%	19.2%	14.0%	19.2%
Call IV 25d	34.0%	27.3%	39.8%	29.1%	36.5%
Put IV 25d	38.9%	32.0%	47.0%	36.2%	42.7%
Bid-Ask Spread %	54.80	43.95	63.80	43.95	56.90
Gamma HHI	0.11	0.04	0.48	0.05	0.06
Net GEX	29.5M	-22.4M	105.4M	23.3M	-22.4M
Net DEX	-1.05B	-1.54B	-249.7M	-1.04B	-710.3M
Net VEX	-7.0M	-7.8M	-6.5M	-6.7M	-7.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.32	1.66	0.69	1.01
Total Volume	112,242.105	70,760	174,980	104,210	163,150
Total OI	1,416,355.263	1,229,120	1,582,990	1,229,120	1,555,310

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
2021-02-01	$46.82	$44.75	30.4%	9.2%	30.7%	4.1%	36.0%	7.1%	4.0%	23.3M	-1.04B	-6.7M	0.69	43.95	61,640	42,570	496,860	732,260
2021-02-02	$47.62	$45.00	30.7%	8.1%	28.8%	4.5%	31.5%	6.1%	3.4%	42.0M	-1.26B	-6.5M	0.81	46.77	47,700	38,620	523,770	750,030
2021-02-03	$46.62	$45.00	27.8%	8.1%	30.4%	0.5%	29.3%	4.7%	6.4%	40.5M	-1.04B	-6.6M	0.59	48.78	62,720	36,810	538,390	759,140
2021-02-04	$46.82	$41.00	34.4%	9.8%	30.3%	9.7%	37.5%	2.9%	0.5%	43.7M	-1.10B	-6.6M	0.66	51.70	69,240	45,440	548,460	769,360
2021-02-05	$46.61	$41.00	35.3%	10.0%	27.9%	11.0%	36.8%	4.4%	-2.5%	49.3M	-1.07B	-6.7M	0.97	56.80	37,010	35,910	582,500	790,520
2021-02-08	$47.01	$41.00	35.2%	10.0%	28.0%	10.8%	37.4%	4.3%	0.2%	33.8M	-1.08B	-6.6M	0.78	58.08	42,730	33,260	537,410	767,990
2021-02-09	$47.40	$41.00	35.4%	10.3%	28.1%	11.1%	39.0%	4.6%	0.4%	43.7M	-1.16B	-6.7M	1.66	51.52	32,990	54,790	555,890	783,390
2021-02-10	$46.87	$42.00	37.3%	10.6%	28.5%	13.6%	39.5%	3.4%	0.2%	30.7M	-983.0M	-7.0M	1.27	58.36	31,150	39,610	570,670	811,020
2021-02-11	$47.61	$42.00	37.1%	10.7%	28.9%	13.4%	38.3%	4.1%	0.2%	49.0M	-1.18B	-7.1M	0.32	57.71	71,280	22,850	584,060	831,240
2021-02-12	$48.51	$42.00	37.2%	10.6%	29.4%	13.6%	38.2%	0.7%	0.8%	74.0M	-1.54B	-6.6M	0.65	63.80	97,020	63,080	604,550	837,160
2021-02-16	$48.77	$42.00	36.7%	10.5%	28.6%	12.9%	37.1%	5.0%	0.3%	43.6M	-1.41B	-6.6M	0.86	56.33	78,230	66,910	577,210	848,590
2021-02-17	$48.41	$42.00	36.7%	10.5%	27.4%	12.9%	36.9%	6.1%	-1.3%	38.8M	-1.23B	-7.3M	1.64	58.94	50,260	82,470	603,200	884,340
2021-02-18	$48.38	$42.00	36.1%	10.4%	27.4%	12.0%	40.0%	5.9%	-2.3%	26.3M	-1.15B	-7.3M	1.08	60.01	42,200	45,480	614,230	946,820
2021-02-19	$49.07	$43.00	35.9%	10.2%	27.6%	11.7%	37.3%	5.7%	1.5%	105.4M	-1.45B	-7.1M	1.06	60.09	84,870	90,110	624,930	958,060
2021-02-22	$47.71	$43.00	37.0%	11.0%	29.6%	13.2%	36.9%	5.1%	-1.8%	-4.6M	-810.7M	-7.4M	0.81	51.40	93,940	76,500	559,620	847,260
2021-02-23	$47.31	$43.00	37.5%	11.1%	29.6%	14.0%	38.9%	5.3%	-3.4%	-20.6M	-650.5M	-7.3M	1.10	54.95	52,300	57,600	582,190	889,320
2021-02-24	$47.89	$43.00	37.8%	11.4%	29.9%	14.5%	40.7%	5.0%	-0.9%	-14.9M	-866.7M	-7.0M	1.03	50.24	36,060	37,230	603,140	910,150
2021-02-25	$45.85	$43.00	41.4%	13.0%	29.4%	19.5%	46.2%	7.2%	-2.6%	-20.9M	-249.7M	-7.8M	1.47	54.89	44,010	64,860	609,470	922,240
2021-02-26	$47.48	$43.00	40.0%	11.7%	30.9%	17.5%	37.9%	6.2%	-1.1%	-22.4M	-710.3M	-7.6M	1.01	56.90	81,360	81,790	623,530	931,780