AVGO Options History — February 2023

In February 2023, AVGO traded between $57.31 and $61.45. ATM implied volatility averaged 32.4%, placing in the 30.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 6.1% (HV 20d: 26.3%). Max pain ranged from $57.00 to $59.00. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.99.

Notable Days

2023-02-07: Highest Volume — 181,600 contracts
2023-02-21: Largest IV spike — 11.5% change
2023-02-22: Highest IV Rank — 46.3%
2023-02-22: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$59.59	$57.31	$61.45	$60.70	$59.37
Max Pain	$58.55	$57.00	$59.00	$57.00	$58.25
ATM IV	32.4%	29.8%	35.9%	29.8%	32.6%
Expected Move	9.3%	7.9%	10.3%	7.9%	9.9%
HV 20d	26.3%	23.8%	32.5%	31.9%	25.9%
HV 60d	29.7%	27.8%	33.2%	33.2%	27.8%
IV Rank	30.0%	17.6%	46.3%	17.6%	30.8%
IV Percentile	33.4%	11.5%	62.7%	11.5%	36.5%
Term Structure	-0.4%	-1.8%	1.3%	-0.4%	-1.0%
VWIV	32.4%	28.8%	35.5%	28.8%	34.0%
Skew 25d	5.0%	3.8%	6.5%	4.3%	5.4%
Skew 10d	9.8%	8.3%	11.9%	9.3%	10.3%
Call IV 25d	30.3%	28.1%	33.1%	28.1%	30.0%
Put IV 25d	35.3%	32.4%	39.3%	32.4%	35.4%
Bid-Ask Spread %	16.54	7.83	35.79	9.89	35.79
Gamma HHI	0.07	0.04	0.09	0.07	0.06
Net GEX	33.0M	-11.5M	60.3M	59.9M	39.8M
Net DEX	-1.15B	-1.84B	-204.1M	-1.70B	-1.04B
Net VEX	-14.6M	-15.0M	-13.8M	-13.8M	-15.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.99	0.67	1.62	0.67	0.92
Total Volume	117,179.474	76,000	181,600	156,410	100,150
Total OI	1,723,042.632	1,574,600	1,880,080	1,631,380	1,716,850

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
2023-02-01	$60.70	$57.00	29.8%	7.9%	31.9%	17.6%	28.8%	4.3%	-0.4%	59.9M	-1.70B	-13.8M	0.67	9.89	93,580	62,830	729,350	902,030
2023-02-02	$60.30	$58.00	30.7%	8.6%	32.1%	22.1%	32.4%	4.2%	-0.8%	56.3M	-1.56B	-14.0M	0.81	14.25	83,620	68,040	748,740	933,110
2023-02-03	$59.67	$58.00	30.9%	8.6%	32.5%	22.8%	30.3%	3.8%	-0.6%	60.3M	-1.31B	-14.2M	1.04	13.75	65,510	67,950	761,820	951,390
2023-02-06	$60.13	$58.00	31.5%	8.8%	24.7%	25.6%	31.0%	5.0%	-0.3%	45.8M	-1.40B	-14.1M	0.91	14.28	58,700	53,140	724,050	898,570
2023-02-07	$61.45	$58.00	30.5%	8.7%	25.8%	20.9%	30.8%	4.5%	-0.1%	58.5M	-1.84B	-14.0M	0.85	16.14	98,090	83,510	738,220	922,760
2023-02-08	$60.22	$58.00	31.8%	9.0%	24.5%	26.9%	30.9%	4.3%	-0.4%	43.9M	-1.40B	-14.7M	1.03	15.14	41,190	42,620	774,430	964,620
2023-02-09	$59.80	$59.00	33.0%	9.4%	24.7%	32.7%	32.5%	4.4%	-0.3%	34.0M	-1.22B	-14.9M	0.99	14.81	52,100	51,450	790,370	987,130
2023-02-10	$59.49	$59.00	33.4%	9.6%	24.8%	34.7%	33.5%	4.8%	-0.0%	20.4M	-1.06B	-14.9M	1.62	15.76	54,770	88,720	805,830	993,810
2023-02-13	$59.96	$59.00	33.0%	9.4%	24.9%	32.7%	32.7%	5.0%	0.3%	35.5M	-1.29B	-14.6M	0.74	14.35	47,860	35,270	775,280	964,850
2023-02-14	$60.41	$59.00	31.4%	9.0%	24.9%	25.2%	31.9%	4.8%	0.4%	52.7M	-1.51B	-14.6M	0.84	12.20	47,920	40,280	812,020	985,280
2023-02-15	$60.53	$59.00	30.5%	8.7%	24.7%	21.0%	31.3%	4.8%	1.0%	56.8M	-1.59B	-14.4M	1.58	12.60	39,740	62,980	824,630	996,200
2023-02-16	$60.17	$59.00	31.8%	9.1%	23.8%	27.1%	30.8%	4.7%	0.7%	45.1M	-1.44B	-14.7M	0.98	12.60	38,480	37,520	840,920	1,025,740
2023-02-17	$59.61	$59.00	31.7%	9.0%	24.2%	26.4%	31.9%	4.8%	1.3%	1.9M	-1.17B	-14.7M	0.88	13.37	56,160	49,640	846,400	1,033,680
2023-02-21	$58.17	$59.00	35.3%	10.0%	25.1%	43.4%	34.4%	6.5%	-1.6%	2.9M	-465.0M	-14.6M	1.28	7.83	49,980	64,220	707,210	867,390
2023-02-22	$57.31	$59.00	35.9%	10.3%	25.6%	46.3%	35.5%	6.2%	-1.7%	-11.5M	-204.1M	-14.5M	1.34	9.20	52,710	70,380	733,100	897,020
2023-02-23	$58.49	$59.00	34.1%	9.8%	26.6%	37.8%	34.1%	5.9%	-1.7%	7.7M	-592.4M	-14.8M	0.87	19.68	68,530	59,710	751,700	928,350
2023-02-24	$57.70	$59.00	34.9%	10.0%	26.1%	41.3%	33.9%	6.1%	-1.8%	-8.4M	-301.5M	-15.0M	0.79	29.41	86,030	67,530	775,990	953,480
2023-02-27	$58.72	$58.25	33.6%	10.0%	26.9%	35.2%	34.7%	5.7%	-1.1%	25.8M	-764.1M	-14.9M	0.73	33.19	49,440	36,060	756,940	918,550
2023-02-28	$59.37	$58.25	32.6%	9.9%	25.9%	30.8%	34.0%	5.4%	-1.0%	39.8M	-1.04B	-15.0M	0.92	35.79	52,050	48,100	781,150	935,700