AVGO Options History — January 2023

In January 2023, AVGO traded between $55.47 and $59.66. ATM implied volatility averaged 29.6%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded below realized volatility by 0.9% (HV 20d: 30.6%). Max pain ranged from $54.00 to $57.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.97.

Notable Days

  • 2023-01-10: Highest Volume — 432,530 contracts
  • 2023-01-30: Largest IV spike — 9.9% change
  • 2023-01-03: Highest IV Rank — 35.6%
  • 2023-01-03: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.74$55.47$59.66$55.47$58.16
Max Pain$55.67$54.00$57.00$54.00$57.00
ATM IV29.6%26.8%32.4%32.4%30.9%
Expected Move8.5%7.8%9.2%9.2%8.5%
HV 20d30.6%27.6%34.2%28.8%28.6%
HV 60d33.7%32.6%35.3%35.3%32.8%
IV Rank17.7%3.7%35.6%35.6%23.0%
IV Percentile11.5%1.2%29.0%29.0%20.6%
Term Structure0.4%-0.9%2.1%-0.0%-0.3%
VWIV30.3%27.8%33.3%32.2%30.3%
Skew 25d4.5%4.0%5.0%4.7%4.9%
Skew 10d8.7%7.6%9.7%9.3%9.7%
Call IV 25d27.6%24.7%30.4%30.4%29.4%
Put IV 25d32.0%28.7%35.1%35.1%34.3%
Bid-Ask Spread %9.737.0512.347.238.05
Gamma HHI0.100.050.270.060.05
Net GEX57.7M22.5M106.9M36.6M23.7M
Net DEX-1.26B-2.24B-802.5M-802.5M-808.9M
Net VEX-13.0M-14.0M-12.4M-12.9M-14.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.401.571.131.26
Total Volume175,735.565,590432,53090,13065,590
Total OI1,896,8941,383,5902,255,3701,907,6801,600,350

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-01-03$55.47$54.0032.4%9.2%28.8%35.6%32.2%4.7%-0.0%36.6M-802.5M-12.9M1.137.2342,39047,740810,6301,097,050
2023-01-04$55.63$54.0031.9%9.0%27.7%33.5%31.2%4.5%-0.1%41.6M-864.7M-12.8M1.027.8354,57055,550829,6701,108,250
2023-01-05$55.58$55.0032.4%9.2%27.6%32.5%33.3%4.8%-0.4%38.2M-817.8M-12.8M0.769.8353,23040,420850,7101,133,900
2023-01-06$59.04$55.0030.1%8.7%33.7%19.8%31.7%4.0%-0.0%101.4M-2.24B-12.5M0.7810.47179,160140,290868,7701,148,310
2023-01-09$59.08$55.0030.9%8.9%33.2%23.1%31.5%4.8%0.2%81.1M-2.02B-12.4M1.2912.1758,60075,770845,3901,135,160
2023-01-10$57.38$55.0031.9%9.2%34.2%28.0%32.8%4.6%0.3%50.9M-1.28B-13.0M0.9912.34216,890215,640867,3301,188,740
2023-01-11$57.65$56.0031.7%9.1%33.8%26.9%32.5%4.4%-0.1%73.1M-1.50B-13.3M0.879.6273,41064,180931,7301,237,080
2023-01-12$58.00$56.0029.4%8.5%32.4%16.5%30.6%4.1%0.5%106.9M-1.72B-13.0M0.9211.7485,13078,180948,1501,256,080
2023-01-13$57.93$56.0026.8%7.8%32.4%3.7%27.8%4.0%0.6%56.7M-1.64B-12.6M1.2211.5946,96057,300966,6801,288,690
2023-01-17$57.88$56.0027.9%8.0%30.7%9.0%28.5%4.1%-0.2%89.3M-1.54B-12.4M0.4011.4797,98039,400880,7301,195,060
2023-01-18$57.48$56.0028.9%8.3%30.9%13.7%28.9%4.8%-0.9%95.7M-1.38B-12.4M0.7811.2381,52063,980927,1301,209,700
2023-01-19$56.50$56.0029.2%8.4%30.7%14.9%29.9%5.0%-0.3%22.5M-865.0M-12.4M0.7910.08105,82083,420929,1301,222,250
2023-01-20$56.86$56.0027.8%8.0%30.7%8.2%28.5%4.4%-0.4%70.8M-1.09B-12.4M0.6510.72227,860147,080972,6501,241,800
2023-01-23$57.98$56.0028.2%8.3%30.0%10.2%29.7%4.5%2.0%31.3M-888.7M-12.8M1.088.0888,81095,840618,260765,330
2023-01-24$58.26$56.0028.0%8.3%29.4%9.1%29.2%4.3%2.0%39.0M-986.0M-13.2M1.578.7548,84076,790664,710815,970
2023-01-25$58.60$56.0028.0%8.3%29.4%9.4%29.7%4.3%1.9%37.8M-1.08B-13.5M1.247.0557,00070,440688,970868,430
2023-01-26$59.66$56.0027.8%8.1%29.9%8.4%29.4%4.0%1.8%62.5M-1.50B-13.4M0.638.98184,690117,000706,930871,740
2023-01-27$59.50$56.2527.7%8.0%28.4%8.0%28.8%4.0%2.1%70.3M-1.43B-13.7M0.868.7198,25084,680760,150931,230
2023-01-30$58.17$56.2530.5%8.6%28.7%20.8%30.5%4.8%0.1%23.6M-818.4M-14.0M1.128.6544,42049,890696,590858,450
2023-01-31$58.16$57.0030.9%8.5%28.6%23.0%30.3%4.9%-0.3%23.7M-808.9M-14.0M1.268.0528,99036,600717,080883,270