AVGO Options History — December 2021

In December 2021, AVGO traded between $55.30 and $67.34. ATM implied volatility averaged 28.5%, placing in the 41.0% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 2.5% (HV 20d: 31.1%). Max pain ranged from $48.00 to $60.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.80.

Notable Days

2021-12-10: Highest Volume — 981,820 contracts
2021-12-07: Largest IV drop — 14.5% change
2021-12-01: Highest IV Rank — 72.9%
2021-12-03: Largest Expected Move — 11.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$62.38	$55.30	$67.34	$56.11	$66.69
Max Pain	$53.50	$48.00	$60.00	$51.00	$60.00
ATM IV	28.5%	24.0%	35.5%	35.5%	25.8%
Expected Move	8.0%	6.4%	11.5%	10.4%	6.4%
HV 20d	31.1%	20.4%	37.5%	20.4%	33.5%
HV 60d	24.4%	20.1%	26.6%	20.1%	25.4%
IV Rank	41.0%	20.1%	72.9%	72.9%	28.7%
IV Percentile	54.2%	20.6%	91.3%	91.3%	36.5%
Term Structure	-0.6%	-4.0%	2.0%	-0.5%	-1.4%
VWIV	29.8%	25.2%	43.0%	35.9%	25.8%
Skew 25d	4.0%	1.8%	7.9%	6.9%	2.6%
Skew 10d	6.9%	-0.6%	16.4%	12.6%	1.8%
Call IV 25d	27.9%	23.7%	35.8%	31.4%	27.0%
Put IV 25d	31.9%	26.1%	39.6%	38.3%	29.6%
Bid-Ask Spread %	49.97	39.97	60.90	56.25	50.37
Gamma HHI	0.07	0.05	0.15	0.05	0.06
Net GEX	55.9M	21.4M	138.6M	33.3M	40.3M
Net DEX	-2.63B	-4.17B	-1.30B	-1.63B	-2.56B
Net VEX	-11.0M	-12.5M	-9.4M	-12.0M	-11.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.15	2.07	0.99	0.26
Total Volume	437,733.636	142,170	981,820	142,170	433,670
Total OI	2,134,921.818	1,935,680	2,435,210	1,935,680	2,199,760

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
2021-12-01	$56.11	$51.00	35.5%	10.4%	20.4%	72.9%	35.9%	6.9%	-0.5%	33.3M	-1.63B	-12.0M	0.99	56.25	71,280	70,890	768,850	1,166,830
2021-12-02	$55.48	$52.00	33.9%	10.5%	20.8%	65.5%	37.0%	7.9%	-4.0%	21.4M	-1.42B	-11.9M	1.35	54.58	63,360	85,480	778,050	1,184,730
2021-12-03	$55.30	$51.00	35.3%	11.5%	20.8%	71.9%	43.0%	3.9%	-1.6%	28.5M	-1.30B	-12.5M	2.07	54.95	70,410	145,670	782,280	1,200,520
2021-12-06	$56.59	$48.00	34.5%	8.8%	20.8%	68.7%	33.9%	6.7%	-1.7%	36.6M	-1.77B	-11.8M	1.37	44.12	83,750	114,470	769,710	1,207,480
2021-12-07	$58.94	$48.00	29.5%	8.3%	25.2%	45.7%	31.5%	4.1%	-0.4%	56.8M	-2.55B	-11.0M	0.70	46.11	230,250	160,280	798,420	1,238,460
2021-12-08	$58.85	$49.00	27.4%	8.2%	25.2%	35.9%	28.6%	6.3%	0.6%	58.4M	-2.50B	-10.6M	1.21	55.65	105,720	128,360	821,030	1,290,640
2021-12-09	$58.68	$49.00	28.6%	8.2%	24.1%	41.2%	30.2%	2.4%	-1.2%	54.7M	-2.43B	-11.1M	1.05	50.64	253,630	267,400	846,710	1,331,640
2021-12-10	$62.79	$50.00	26.2%	7.3%	33.2%	30.3%	26.3%	2.2%	-1.4%	138.6M	-4.17B	-9.4M	0.39	50.44	706,170	275,650	984,490	1,450,720
2021-12-13	$62.50	$50.00	26.1%	7.2%	33.2%	29.7%	25.4%	2.4%	-1.3%	69.6M	-3.39B	-10.2M	1.10	57.52	127,160	140,150	879,520	1,352,700
2021-12-14	$61.53	$50.00	27.6%	7.6%	34.0%	36.7%	27.2%	2.6%	-0.9%	58.7M	-2.96B	-11.1M	1.60	56.95	118,060	189,130	899,920	1,386,720
2021-12-15	$63.59	$50.00	26.9%	7.5%	35.5%	33.4%	27.0%	3.0%	-1.5%	66.3M	-3.73B	-10.6M	1.28	60.90	108,220	138,030	918,980	1,416,640
2021-12-16	$62.30	$50.00	30.3%	8.2%	36.7%	49.3%	30.7%	5.2%	-1.8%	61.9M	-3.21B	-11.4M	1.49	58.10	123,730	183,870	926,540	1,424,630
2021-12-17	$63.98	$52.00	29.0%	8.0%	37.5%	43.2%	28.9%	5.9%	-0.7%	75.7M	-3.81B	-10.6M	0.84	48.58	156,450	132,150	933,920	1,459,460
2021-12-20	$64.40	$52.00	30.1%	8.6%	37.1%	48.1%	30.8%	3.3%	1.3%	44.9M	-2.92B	-11.1M	0.15	39.97	832,050	123,910	747,140	1,305,920
2021-12-21	$64.29	$58.00	26.7%	7.6%	36.1%	32.6%	30.5%	3.4%	0.9%	49.9M	-2.02B	-11.3M	0.22	41.78	616,100	137,020	641,470	1,341,080
2021-12-22	$65.19	$58.00	26.0%	7.4%	35.8%	29.4%	28.9%	3.3%	2.0%	56.7M	-2.23B	-11.4M	0.26	45.11	509,170	134,500	650,860	1,378,530
2021-12-23	$66.70	$59.00	25.4%	7.2%	36.2%	26.6%	27.0%	1.8%	0.8%	59.2M	-2.61B	-10.6M	0.26	45.88	560,010	146,430	661,390	1,410,050
2021-12-27	$67.22	$60.00	26.7%	7.3%	34.9%	32.5%	27.5%	3.0%	0.2%	53.4M	-2.68B	-10.4M	0.25	45.56	401,690	100,840	670,650	1,363,620
2021-12-28	$67.16	$60.00	25.4%	7.1%	34.3%	26.6%	26.4%	2.1%	0.4%	54.0M	-2.62B	-11.0M	0.25	40.54	403,640	99,560	689,180	1,387,030
2021-12-29	$67.34	$60.00	26.9%	6.8%	33.6%	33.4%	27.0%	4.4%	-1.8%	61.1M	-2.73B	-11.1M	0.24	46.42	352,510	85,720	725,110	1,416,540
2021-12-30	$66.75	$60.00	24.0%	6.6%	34.2%	20.1%	25.2%	3.8%	1.4%	50.5M	-2.61B	-10.7M	0.33	49.01	333,500	110,100	733,430	1,426,930
2021-12-31	$66.69	$60.00	25.8%	6.4%	33.5%	28.7%	25.8%	2.6%	-1.4%	40.3M	-2.56B	-11.0M	0.26	50.37	344,420	89,250	741,890	1,457,870