AVGO Options History — December 2022

In December 2022, AVGO traded between $51.91 and $57.36. ATM implied volatility averaged 31.5%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded below realized volatility by 1.4% (HV 20d: 32.9%). Max pain ranged from $50.00 to $53.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.95.

Notable Days

2022-12-09: Highest Volume — 433,160 contracts
2022-12-09: Largest IV drop — 15.6% change
2022-12-07: Highest IV Rank — 48.6%
2022-12-01: Largest Expected Move — 11.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$54.90	$51.91	$57.36	$55.09	$55.67
Max Pain	$51.62	$50.00	$53.50	$50.00	$53.50
ATM IV	31.5%	28.5%	35.4%	33.2%	31.5%
Expected Move	9.1%	8.2%	11.0%	11.0%	8.9%
HV 20d	32.9%	28.9%	39.0%	39.0%	29.9%
HV 60d	36.8%	35.4%	38.0%	37.7%	35.4%
IV Rank	31.9%	19.2%	48.6%	39.5%	32.3%
IV Percentile	24.8%	9.9%	52.0%	34.1%	21.8%
Term Structure	0.1%	-1.1%	2.0%	-1.0%	0.7%
VWIV	32.3%	27.7%	38.7%	38.7%	31.6%
Skew 25d	4.6%	3.4%	5.6%	5.6%	4.5%
Skew 10d	9.0%	6.5%	11.3%	11.3%	9.3%
Call IV 25d	29.4%	26.6%	33.5%	31.0%	28.9%
Put IV 25d	34.0%	30.6%	38.7%	36.6%	33.4%
Bid-Ask Spread %	9.96	6.42	13.63	9.46	7.61
Gamma HHI	0.08	0.04	0.30	0.06	0.12
Net GEX	53.1M	5.3M	103.6M	77.7M	75.2M
Net DEX	-1.12B	-2.48B	-334.3M	-1.89B	-952.8M
Net VEX	-12.4M	-13.3M	-11.7M	-11.8M	-13.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.30	1.84	1.57	1.57
Total Volume	190,694.286	76,860	433,160	205,830	94,670
Total OI	2,016,396.667	1,810,640	2,344,340	1,997,290	1,979,210

Daily Data (21 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
2022-12-01	$55.09	$50.00	33.2%	11.0%	39.0%	39.5%	38.7%	5.6%	-1.0%	77.7M	-1.89B	-11.8M	1.57	9.46	80,000	125,830	932,110	1,065,180
2022-12-02	$53.92	$50.00	32.1%	10.9%	38.4%	34.7%	38.4%	5.3%	-1.0%	100.0M	-1.17B	-11.7M	0.60	8.95	130,100	78,700	950,150	1,130,810
2022-12-05	$52.85	$50.00	34.0%	9.7%	37.7%	42.7%	34.4%	5.0%	0.3%	21.1M	-704.0M	-11.7M	1.84	10.95	42,990	79,260	878,920	1,023,570
2022-12-06	$52.60	$50.00	35.3%	9.9%	37.3%	48.1%	35.7%	5.3%	-0.5%	15.5M	-587.6M	-11.8M	0.92	12.19	41,930	38,400	895,380	1,051,250
2022-12-07	$51.91	$50.00	35.4%	10.0%	37.7%	48.6%	35.4%	5.2%	0.3%	5.3M	-334.3M	-11.7M	1.00	12.37	46,440	46,660	900,600	1,058,810
2022-12-08	$53.06	$50.00	35.4%	10.0%	36.6%	48.6%	35.5%	5.1%	-0.3%	25.1M	-764.1M	-11.7M	1.28	13.63	147,230	188,550	920,590	1,074,820
2022-12-09	$54.60	$51.00	29.9%	8.7%	29.7%	25.1%	31.1%	3.4%	2.0%	67.0M	-1.49B	-11.7M	0.75	11.14	246,940	186,220	985,900	1,193,420
2022-12-12	$55.46	$51.00	32.2%	9.2%	28.9%	35.1%	32.9%	4.2%	-0.3%	54.8M	-1.61B	-12.0M	0.53	11.70	145,010	76,470	924,950	1,092,900
2022-12-13	$57.06	$51.00	30.1%	8.4%	30.1%	26.2%	30.3%	4.4%	-1.1%	103.6M	-2.43B	-11.8M	1.10	12.23	132,570	145,250	984,970	1,127,600
2022-12-14	$57.36	$51.00	29.4%	8.5%	29.9%	23.3%	30.3%	3.4%	0.1%	84.4M	-2.48B	-12.1M	0.52	13.58	202,460	105,510	1,006,810	1,191,100
2022-12-15	$55.85	$51.00	30.6%	8.7%	30.6%	28.4%	30.1%	4.2%	-0.2%	66.5M	-1.53B	-12.4M	0.68	11.21	127,080	86,500	1,044,750	1,227,660
2022-12-16	$55.74	$51.00	29.8%	8.4%	30.4%	25.0%	27.7%	4.0%	-0.6%	53.4M	-1.47B	-12.3M	0.30	12.72	300,440	91,510	1,093,760	1,250,580
2022-12-19	$54.67	$53.00	30.1%	8.6%	31.3%	26.4%	30.1%	4.6%	0.6%	16.1M	-510.5M	-12.7M	0.73	9.66	109,370	80,360	767,750	1,042,890
2022-12-20	$54.54	$53.00	29.9%	8.6%	31.4%	25.2%	30.6%	4.6%	0.5%	29.1M	-520.5M	-13.0M	1.08	8.62	60,360	65,300	838,710	1,067,770
2022-12-21	$56.02	$53.00	28.5%	8.2%	32.3%	19.2%	29.3%	4.1%	0.5%	69.5M	-1.13B	-13.2M	0.70	6.43	65,330	45,590	852,470	1,084,430
2022-12-22	$55.24	$53.00	30.3%	8.7%	32.7%	26.9%	30.6%	4.5%	0.4%	46.1M	-769.8M	-13.3M	0.87	7.05	77,540	67,310	870,300	1,099,740
2022-12-23	$55.18	$53.00	29.1%	8.3%	32.7%	21.8%	28.6%	4.5%	0.6%	80.6M	-787.3M	-13.2M	0.66	6.70	85,370	56,050	896,790	1,116,120
2022-12-27	$55.65	$53.00	30.8%	8.8%	31.2%	29.2%	31.6%	4.6%	0.6%	41.4M	-902.1M	-13.2M	1.38	8.15	32,230	44,630	809,040	1,070,070
2022-12-28	$54.45	$53.25	32.3%	9.3%	32.5%	35.7%	32.4%	4.7%	0.5%	17.3M	-462.6M	-13.1M	0.78	6.42	60,660	47,300	818,260	1,086,630
2022-12-29	$55.94	$53.25	30.8%	8.7%	30.2%	29.0%	32.6%	4.7%	0.6%	65.2M	-1.06B	-13.1M	1.07	8.32	58,080	62,380	840,160	1,097,400
2022-12-30	$55.67	$53.50	31.5%	8.9%	29.9%	32.3%	31.6%	4.5%	0.7%	75.2M	-952.8M	-13.2M	1.57	7.61	36,870	57,800	857,460	1,121,750