AVGO Options History — May 2023

In May 2023, AVGO traded between $60.98 and $81.25. ATM implied volatility averaged 33.4%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 5.0% (HV 20d: 28.4%). Max pain ranged from $59.00 to $62.25. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.92.

Notable Days

2023-05-26: Highest Volume — 935,310 contracts
2023-05-26: Largest IV spike — 38.2% change
2023-05-26: Highest IV Rank — 100.0%
2023-05-31: Largest Expected Move — 20.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$67.00	$60.98	$81.25	$63.64	$80.56
Max Pain	$60.01	$59.00	$62.25	$62.00	$62.00
ATM IV	33.4%	27.0%	57.4%	27.0%	57.4%
Expected Move	9.9%	6.9%	20.6%	6.9%	20.6%
HV 20d	28.4%	16.3%	50.3%	16.3%	46.9%
HV 60d	24.6%	21.2%	34.3%	21.2%	32.7%
IV Rank	39.5%	16.5%	100.0%	16.5%	100.0%
IV Percentile	38.0%	12.3%	100.0%	12.3%	100.0%
Term Structure	-0.9%	-4.0%	0.1%	-0.1%	-4.0%
VWIV	35.4%	24.8%	73.5%	24.8%	73.5%
Skew 25d	4.3%	-2.0%	6.1%	5.2%	-2.0%
Skew 10d	8.9%	-4.3%	12.2%	11.0%	-4.3%
Call IV 25d	31.7%	25.5%	59.3%	25.5%	59.3%
Put IV 25d	36.0%	30.7%	57.3%	30.7%	57.3%
Bid-Ask Spread %	38.20	19.82	48.45	19.82	23.04
Gamma HHI	0.05	0.02	0.10	0.04	0.02
Net GEX	36.4M	-29.0M	95.2M	28.1M	36.6M
Net DEX	-2.09B	-5.86B	-264.0M	-1.20B	-4.86B
Net VEX	-16.2M	-19.4M	-14.8M	-15.7M	-19.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.92	0.40	1.86	1.11	0.54
Total Volume	269,673.182	81,350	935,310	138,610	518,870
Total OI	1,978,630.455	1,711,220	2,651,190	1,711,220	2,651,190

Daily Data (22 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
2023-05-01	$63.64	$62.00	27.0%	6.9%	16.3%	16.5%	24.8%	5.2%	-0.1%	28.1M	-1.20B	-15.7M	1.11	19.82	65,710	72,900	696,480	1,014,740
2023-05-02	$61.20	$62.25	30.9%	8.0%	21.2%	32.2%	27.8%	6.1%	-0.9%	-21.8M	-353.2M	-16.1M	1.05	37.48	92,360	97,120	723,870	1,048,270
2023-05-03	$61.35	$62.00	30.3%	7.8%	20.7%	30.0%	27.2%	5.8%	-0.2%	-13.0M	-422.9M	-16.3M	1.08	40.22	39,170	42,180	755,640	1,080,630
2023-05-04	$60.98	$59.00	31.1%	8.9%	20.7%	33.4%	31.8%	5.9%	-0.2%	-29.0M	-264.0M	-16.3M	0.92	44.22	59,000	54,390	766,070	1,097,950
2023-05-05	$63.10	$59.00	28.5%	8.2%	23.9%	22.7%	31.1%	5.3%	-0.3%	21.4M	-1.16B	-16.1M	1.27	46.89	84,680	107,450	780,150	1,114,540
2023-05-08	$62.87	$59.00	29.3%	8.4%	23.8%	25.9%	30.2%	5.6%	0.1%	13.6M	-942.3M	-16.0M	1.86	44.56	36,640	68,190	732,650	1,070,190
2023-05-09	$61.65	$59.00	30.6%	8.7%	24.7%	31.3%	30.0%	5.8%	-0.1%	-25.2M	-452.9M	-16.1M	0.82	45.12	55,360	45,180	746,960	1,111,260
2023-05-10	$62.77	$59.00	29.3%	8.4%	25.4%	25.7%	29.7%	5.3%	-0.0%	15.6M	-909.5M	-16.1M	0.93	44.10	57,530	53,700	761,890	1,128,450
2023-05-11	$62.65	$59.00	29.8%	8.5%	25.2%	28.5%	29.4%	5.2%	-0.4%	11.5M	-838.4M	-16.2M	0.94	42.83	76,990	72,510	776,180	1,150,760
2023-05-12	$63.06	$59.00	30.0%	8.7%	25.0%	29.4%	30.2%	5.5%	0.1%	79.9M	-1.05B	-16.2M	0.79	43.67	138,170	109,070	791,060	1,173,190
2023-05-15	$63.97	$59.00	30.1%	8.6%	25.3%	29.5%	31.7%	5.3%	-0.6%	41.0M	-1.36B	-16.1M	1.02	45.78	75,090	76,540	757,550	1,103,130
2023-05-16	$64.46	$59.00	30.0%	8.6%	25.3%	29.2%	30.1%	5.1%	-0.7%	54.9M	-1.59B	-16.1M	0.72	45.39	57,060	40,980	787,980	1,139,880
2023-05-17	$65.82	$59.00	29.2%	8.4%	26.2%	26.0%	30.5%	4.8%	-0.4%	89.2M	-2.15B	-15.8M	1.22	48.45	114,400	139,030	800,500	1,157,160
2023-05-18	$67.78	$60.00	29.0%	8.3%	27.8%	25.1%	31.3%	4.5%	-0.6%	95.2M	-2.90B	-15.3M	0.83	44.79	136,890	113,750	818,360	1,211,270
2023-05-19	$68.29	$60.00	29.9%	8.7%	27.8%	28.8%	30.7%	4.5%	-1.2%	79.7M	-3.01B	-15.5M	0.56	42.68	136,060	76,410	830,470	1,253,410
2023-05-22	$67.93	$60.00	30.0%	8.8%	28.0%	29.3%	32.5%	5.2%	-1.0%	56.0M	-2.40B	-16.0M	1.32	36.58	39,360	52,020	779,240	1,098,220
2023-05-23	$68.76	$60.00	31.0%	9.2%	26.7%	33.4%	32.8%	4.9%	-1.2%	58.9M	-2.64B	-16.0M	0.40	28.12	366,320	146,120	787,810	1,114,430
2023-05-24	$67.95	$60.00	31.9%	9.5%	26.7%	37.2%	33.3%	5.1%	-1.1%	46.4M	-2.31B	-16.7M	0.75	33.25	108,770	81,100	862,820	1,184,000
2023-05-25	$73.17	$60.00	35.6%	10.8%	36.3%	53.8%	39.2%	3.2%	-1.5%	83.9M	-4.17B	-15.7M	0.49	26.46	442,540	216,090	900,170	1,224,040
2023-05-26	$81.25	$61.00	49.2%	15.5%	49.9%	100.0%	55.0%	-0.3%	-2.6%	36.5M	-5.86B	-14.8M	0.65	28.45	565,450	369,860	941,620	1,307,110
2023-05-30	$80.74	$61.00	54.4%	18.7%	50.3%	100.0%	66.4%	-0.8%	-3.9%	40.4M	-5.08B	-17.5M	1.09	28.61	302,590	329,210	975,720	1,322,860
2023-05-31	$80.56	$62.00	57.4%	20.6%	46.9%	100.0%	73.5%	-2.0%	-4.0%	36.6M	-4.86B	-19.4M	0.54	23.04	337,570	181,300	1,171,630	1,479,560