AVGO Options History — April 2023

In April 2023, AVGO traded between $61.49 and $64.24. ATM implied volatility averaged 24.9%, placing in the 5.0% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 9.7% (HV 20d: 15.2%). Max pain ranged from $61.00 to $64.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 1.23.

Notable Days

  • 2023-04-28: Highest Volume — 151,440 contracts
  • 2023-04-25: Largest IV spike — 10.0% change
  • 2023-04-26: Highest IV Rank — 15.5%
  • 2023-04-26: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.70$61.49$64.24$64.24$62.57
Max Pain$62.68$61.00$64.00$61.00$62.00
ATM IV24.9%23.0%26.8%24.8%25.2%
Expected Move7.0%6.6%7.6%6.7%6.8%
HV 20d15.2%13.6%17.1%16.7%15.3%
HV 60d23.2%21.0%26.5%26.5%21.0%
IV Rank5.0%0.0%15.5%0.7%9.1%
IV Percentile2.6%0.0%10.3%0.4%4.8%
Term Structure0.9%-0.4%3.1%0.5%3.1%
VWIV25.0%23.0%29.2%23.8%23.9%
Skew 25d4.9%4.1%5.6%5.0%4.9%
Skew 10d9.7%8.3%10.8%10.5%9.5%
Call IV 25d22.6%20.7%24.2%22.6%21.6%
Put IV 25d27.5%25.0%29.7%27.6%26.5%
Bid-Ask Spread %34.028.3351.7731.0727.07
Gamma HHI0.040.030.070.050.04
Net GEX4.5M-33.4M44.8M44.8M25.6M
Net DEX-1.01B-1.65B-393.4M-1.65B-846.5M
Net VEX-15.6M-16.1M-15.1M-15.6M-15.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.781.911.401.28
Total Volume109,303.15863,010151,44088,880151,440
Total OI1,814,933.1581,615,9701,986,6001,741,6001,767,160

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$64.24$61.0024.8%6.7%16.7%0.7%23.8%5.0%0.5%44.8M-1.65B-15.6M1.4031.0737,06051,820736,9001,004,700
2023-04-04$63.24$61.0026.0%7.0%17.1%5.7%24.8%5.3%0.3%17.5M-1.26B-15.8M1.6112.1634,05054,770751,3001,025,830
2023-04-05$63.01$61.0025.9%7.0%17.0%5.5%23.8%5.2%0.5%-666.3K-1.13B-16.1M0.948.3362,21058,640762,8601,050,930
2023-04-06$62.28$64.0025.4%7.5%16.9%3.5%26.5%5.3%0.5%-9.5M-822.7M-16.1M1.3638.4545,41061,840785,3601,066,000
2023-04-10$62.73$64.0026.5%7.5%15.9%8.2%29.2%5.2%-0.4%13.8M-1.09B-15.7M1.0839.4246,67050,270757,3901,022,810
2023-04-11$62.34$64.0026.0%7.6%15.7%6.0%26.9%5.0%0.4%8.3M-952.8M-15.8M1.1540.2429,32033,690774,9901,046,870
2023-04-12$61.86$63.0025.6%7.3%15.5%4.2%25.2%5.2%-0.0%-10.0M-729.2M-15.6M1.5143.7442,83064,610781,6501,061,520
2023-04-13$62.54$63.0024.3%6.9%15.9%0.0%25.9%4.7%-0.4%4.4M-1.03B-15.6M1.0848.0952,10056,150789,3601,085,200
2023-04-14$62.00$63.0024.3%7.0%14.4%0.1%24.5%4.9%-0.1%-23.0M-778.7M-15.5M1.4545.1858,17084,190803,2301,112,210
2023-04-17$62.66$63.0023.1%6.6%14.8%0.0%23.4%4.7%1.9%4.5M-1.06B-15.4M1.0449.2539,42041,100767,3001,080,810
2023-04-18$63.10$63.0023.0%6.6%13.6%0.0%23.0%4.5%0.8%24.9M-1.27B-15.1M1.9151.7731,54060,340779,9201,098,660
2023-04-19$63.39$63.0023.2%6.6%13.6%0.7%23.8%4.3%0.3%33.6M-1.40B-15.1M1.3133.2836,70048,230788,4201,123,120
2023-04-20$63.03$63.0024.2%6.9%13.6%4.9%24.1%4.2%0.1%7.4M-1.21B-15.2M1.0846.4366,98072,310798,8701,140,600
2023-04-21$63.14$63.0023.8%6.7%13.6%3.1%24.3%4.1%0.8%-5.2M-1.24B-15.4M0.8542.9369,00058,590814,6701,171,930
2023-04-24$63.51$63.0023.8%6.7%13.7%3.2%23.4%4.5%2.2%18.5M-1.06B-15.2M1.1119.5147,27052,420659,510956,460
2023-04-25$62.25$63.0026.2%7.5%15.0%12.9%27.2%5.3%2.2%-10.1M-649.1M-15.7M1.0718.0961,50066,060686,650983,950
2023-04-26$61.49$62.0026.8%7.6%15.4%15.5%26.2%5.6%2.2%-33.4M-393.4M-15.8M1.2635.6350,95064,320705,2301,007,000
2023-04-27$61.93$62.0025.7%7.1%15.3%10.9%25.2%5.1%2.9%-26.5M-541.7M-15.7M0.7815.7875,90058,890711,8201,022,540
2023-04-28$62.57$62.0025.2%6.8%15.3%9.1%23.9%4.9%3.1%25.6M-846.5M-15.7M1.2827.0766,28085,160732,0801,035,080