AVGO Options History — March 2022

In March 2022, AVGO traded between $56.76 and $64.03. ATM implied volatility averaged 34.5%, placing in the 56.4% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 2.7% (HV 20d: 37.2%). Max pain ranged from $57.00 to $59.00. Net GEX was positive for 12 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.73.

Notable Days

2022-03-04: Highest Volume — 559,270 contracts
2022-03-04: Largest IV drop — 16.2% change
2022-03-01: Highest IV Rank — 100.0%
2022-03-01: Largest Expected Move — 15.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.09	$56.76	$64.03	$56.76	$63.51
Max Pain	$58.02	$57.00	$59.00	$58.50	$58.00
ATM IV	34.5%	26.8%	46.0%	46.0%	28.2%
Expected Move	10.6%	8.0%	15.4%	15.4%	8.2%
HV 20d	37.2%	34.2%	39.6%	34.5%	34.2%
HV 60d	35.3%	34.1%	36.6%	35.6%	35.9%
IV Rank	56.4%	27.2%	100.0%	100.0%	32.6%
IV Percentile	79.1%	47.6%	100.0%	100.0%	62.7%
Term Structure	0.2%	-1.9%	2.3%	-1.6%	0.4%
VWIV	38.0%	28.1%	53.1%	52.8%	29.6%
Skew 25d	6.4%	4.7%	10.3%	9.1%	5.0%
Skew 10d	12.7%	9.1%	16.7%	14.9%	9.6%
Call IV 25d	32.1%	25.0%	42.2%	42.2%	26.2%
Put IV 25d	38.5%	29.8%	51.3%	51.3%	31.2%
Bid-Ask Spread %	34.89	20.78	51.03	44.21	31.42
Gamma HHI	0.04	0.03	0.07	0.03	0.06
Net GEX	11.3M	-31.7M	61.4M	-17.7M	48.3M
Net DEX	-883.3M	-1.80B	-55.3M	-89.9M	-1.59B
Net VEX	-12.3M	-13.3M	-11.3M	-13.3M	-11.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.33	1.35	0.75	0.46
Total Volume	293,356.957	158,770	559,270	158,770	272,630
Total OI	1,799,572.174	1,627,620	1,947,840	1,682,830	1,808,570

Daily Data (23 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
2022-03-01	$56.76	$58.50	46.0%	15.4%	34.5%	100.0%	52.8%	9.1%	-1.6%	-17.7M	-89.9M	-13.3M	0.75	44.21	90,540	68,230	650,230	1,032,600
2022-03-02	$58.77	$58.50	41.5%	13.9%	36.1%	82.9%	47.7%	8.7%	-1.0%	-2.4M	-599.3M	-13.0M	0.73	43.75	106,970	78,070	674,530	1,053,540
2022-03-03	$57.60	$58.50	44.3%	15.1%	36.1%	93.6%	53.1%	8.1%	-1.9%	-11.5M	-297.2M	-13.2M	1.19	39.11	188,170	223,230	694,030	1,074,200
2022-03-04	$59.46	$59.00	37.1%	11.2%	36.4%	66.5%	39.9%	5.3%	2.3%	-689.3K	-900.0M	-12.5M	0.66	39.61	337,910	221,360	777,090	1,170,750
2022-03-07	$57.48	$59.00	40.5%	13.0%	38.1%	79.4%	45.4%	7.9%	1.3%	-20.2M	-180.3M	-13.2M	0.89	34.67	95,890	85,730	672,330	1,060,070
2022-03-08	$57.93	$59.00	40.7%	13.5%	38.2%	80.0%	49.5%	10.3%	-0.8%	-16.9M	-322.0M	-12.9M	1.10	51.03	101,630	112,100	692,520	1,079,850
2022-03-09	$59.91	$58.75	37.1%	11.5%	39.6%	66.3%	42.6%	6.5%	-0.5%	7.6M	-890.9M	-12.6M	0.94	40.55	94,130	88,130	705,940	1,110,210
2022-03-10	$58.74	$58.75	37.5%	11.8%	39.5%	68.0%	44.8%	6.6%	-1.2%	-13.4M	-503.9M	-12.8M	1.11	44.92	123,480	137,480	723,290	1,127,790
2022-03-11	$58.10	$58.50	37.9%	11.7%	38.1%	69.4%	41.3%	7.0%	0.2%	-8.0M	-334.0M	-12.8M	1.14	47.17	98,910	113,050	741,660	1,176,470
2022-03-14	$56.96	$58.00	39.3%	11.0%	37.0%	74.7%	40.8%	7.5%	-0.7%	-31.7M	-55.3M	-12.8M	1.35	20.78	77,200	104,530	672,260	1,082,040
2022-03-15	$59.25	$58.00	37.4%	10.6%	39.5%	67.4%	37.4%	6.4%	0.3%	-4.0M	-734.7M	-12.5M	0.90	21.44	116,210	105,150	685,830	1,119,330
2022-03-16	$60.14	$58.00	33.9%	9.8%	36.9%	54.2%	35.6%	5.9%	2.2%	14.8M	-1.05B	-12.0M	1.00	25.43	112,780	113,090	706,380	1,142,790
2022-03-17	$60.24	$58.00	31.7%	9.4%	36.8%	45.8%	34.6%	5.0%	0.8%	26.8M	-1.15B	-11.8M	0.74	25.45	105,070	78,080	720,000	1,176,310
2022-03-18	$61.10	$57.00	28.4%	8.7%	35.9%	33.3%	31.8%	4.7%	-0.7%	29.7M	-1.49B	-11.3M	0.45	30.55	358,070	162,660	723,830	1,189,840
2022-03-21	$59.64	$57.00	31.9%	8.9%	37.1%	46.7%	33.6%	6.6%	2.0%	-2.6M	-597.1M	-12.1M	0.42	37.54	278,050	115,610	592,190	1,035,430
2022-03-22	$61.14	$57.00	29.1%	8.5%	38.0%	36.0%	30.0%	5.6%	0.8%	22.1M	-988.0M	-11.9M	0.33	34.63	273,360	89,710	628,120	1,089,540
2022-03-23	$60.32	$57.00	29.6%	8.8%	37.2%	38.0%	31.7%	5.9%	-0.3%	10.4M	-768.1M	-12.3M	0.34	34.78	218,870	74,510	675,410	1,127,040
2022-03-24	$62.37	$57.00	29.3%	8.7%	38.0%	36.9%	31.6%	4.8%	0.6%	61.4M	-1.44B	-11.6M	0.46	30.20	324,190	147,540	685,270	1,140,520
2022-03-25	$62.54	$57.00	28.6%	8.5%	38.0%	34.3%	32.5%	4.7%	0.6%	27.0M	-1.52B	-12.0M	0.41	28.91	262,210	106,940	724,960	1,173,930
2022-03-28	$63.09	$58.00	28.4%	8.4%	38.0%	33.3%	29.9%	5.0%	0.5%	39.6M	-1.50B	-11.7M	0.53	29.86	193,300	102,310	663,260	1,063,020
2022-03-29	$64.03	$58.00	26.8%	8.0%	36.3%	27.2%	28.1%	4.8%	0.6%	61.0M	-1.80B	-11.3M	0.42	32.54	222,460	92,700	688,490	1,079,550
2022-03-30	$63.07	$58.00	27.9%	8.2%	35.3%	31.5%	29.4%	5.0%	0.4%	41.1M	-1.51B	-11.3M	0.48	33.87	185,520	89,450	693,270	1,085,880
2022-03-31	$63.51	$58.00	28.2%	8.2%	34.2%	32.6%	29.6%	5.0%	0.4%	48.3M	-1.59B	-11.8M	0.46	31.42	187,250	85,380	700,080	1,108,490