AVGO Options History — July 2023

In July 2023, AVGO traded between $84.92 and $91.82. ATM implied volatility averaged 28.6%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 4.0% (HV 20d: 24.6%). Max pain ranged from $76.00 to $83.50. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.60.

Notable Days

  • 2023-07-21: Highest Volume — 561,750 contracts
  • 2023-07-31: Largest IV spike — 12.7% change
  • 2023-07-31: Highest IV Rank — 28.1%
  • 2023-07-17: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$88.85$84.92$91.82$87.23$89.41
Max Pain$80.45$76.00$83.50$82.50$83.50
ATM IV28.6%26.0%32.7%26.0%32.7%
Expected Move8.0%7.1%8.5%7.1%7.9%
HV 20d24.6%19.3%31.6%30.4%21.8%
HV 60d36.0%35.4%36.6%35.7%35.5%
IV Rank16.3%8.8%28.1%8.8%28.1%
IV Percentile26.2%8.7%63.1%8.7%63.1%
Term Structure0.9%-1.3%5.0%0.1%-1.3%
VWIV28.9%25.6%30.7%25.6%28.6%
Skew 25d1.2%0.8%1.7%1.2%1.6%
Skew 10d2.1%1.4%3.3%2.2%2.8%
Call IV 25d28.6%26.3%33.6%26.3%33.6%
Put IV 25d29.7%27.5%35.2%27.5%35.2%
Bid-Ask Spread %43.7634.5149.5849.5845.40
Gamma HHI0.080.030.240.050.04
Net GEX110.4M-30.5M264.9M107.2M75.0M
Net DEX-4.83B-5.72B-3.55B-4.54B-4.45B
Net VEX-19.1M-19.9M-18.2M-19.5M-19.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.450.900.600.90
Total Volume303,63694,850561,75094,850213,820
Total OI2,529,961.52,324,1102,767,0102,333,6002,364,490

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$87.23$82.5026.0%7.1%30.4%8.8%25.6%1.2%0.1%107.2M-4.54B-19.5M0.6049.5859,22035,6301,083,8901,249,710
2023-07-05$86.42$83.0026.8%7.5%30.3%11.0%26.8%1.3%-0.3%92.0M-4.25B-18.7M0.6749.06101,72068,5001,106,1101,265,810
2023-07-06$85.22$76.0027.9%8.0%30.2%14.2%28.6%1.7%-0.1%34.5M-3.66B-19.5M0.6445.01140,15089,3401,132,0701,293,140
2023-07-07$84.92$76.0027.1%7.8%30.3%11.8%27.7%1.4%-0.1%-30.5M-3.55B-19.9M0.6647.57127,36083,8101,160,1401,333,030
2023-07-10$87.51$77.0028.9%8.2%31.6%17.0%30.2%1.3%-0.0%98.0M-4.59B-19.0M0.5040.00217,560108,8901,073,0601,277,780
2023-07-11$88.11$78.0028.5%8.1%31.6%15.9%29.7%1.1%-0.1%140.2M-4.98B-18.8M0.5141.43290,760149,3301,145,4001,318,170
2023-07-12$89.11$79.0027.4%7.9%24.2%12.7%28.6%1.0%0.2%188.5M-5.54B-18.7M0.5842.59265,760155,4801,204,1201,375,850
2023-07-13$89.09$80.0028.4%8.1%24.0%15.6%29.1%1.1%-0.2%147.1M-5.29B-19.1M0.4544.58263,220117,6801,237,4901,445,100
2023-07-14$88.95$80.0028.7%8.2%21.6%16.7%29.4%0.9%-0.4%94.0M-5.15B-19.8M0.4541.86319,050144,1901,269,7301,483,470
2023-07-17$91.15$80.0029.8%8.5%23.1%19.8%30.7%0.9%-0.5%123.6M-5.72B-18.5M0.6240.01212,220132,0001,144,4101,374,080
2023-07-18$90.42$81.0029.1%8.3%22.9%17.8%29.6%0.9%-0.3%129.9M-5.48B-18.7M0.7446.64137,730101,6701,186,4101,403,040
2023-07-19$90.16$81.0029.2%8.4%22.9%18.0%29.8%0.9%-0.3%131.3M-5.44B-19.0M0.5945.52156,92092,0201,220,8501,446,290
2023-07-20$89.32$81.0029.2%8.4%21.8%18.0%30.0%1.0%-0.2%103.3M-5.03B-19.2M0.5046.95177,17089,2601,240,3401,479,470
2023-07-21$89.84$81.0028.3%8.1%21.1%15.5%29.1%1.0%-0.2%264.9M-5.39B-18.8M0.4948.43376,680185,0701,269,9501,497,060
2023-07-24$90.07$82.0028.1%8.0%19.3%14.8%29.3%1.3%4.0%98.8M-4.84B-18.4M0.8340.06115,27096,1701,101,1401,222,970
2023-07-25$91.82$81.0028.8%8.2%19.9%17.0%29.9%0.8%4.1%155.8M-5.63B-18.2M0.4638.49270,470124,9101,145,8401,262,960
2023-07-26$89.43$82.0028.7%8.1%21.3%16.6%28.9%1.2%4.3%75.9M-4.42B-19.0M0.6243.33217,760134,3901,203,3601,317,840
2023-07-27$88.69$82.0029.7%8.1%21.7%19.5%28.7%1.5%3.9%37.6M-3.96B-19.7M0.5344.26163,01086,0001,257,5201,362,640
2023-07-28$90.07$83.0029.0%7.5%21.7%17.3%26.9%1.3%5.0%140.1M-4.70B-19.0M0.6434.51154,21098,3201,264,6001,379,900
2023-07-31$89.41$83.5032.7%7.9%21.8%28.1%28.6%1.6%-1.3%75.0M-4.45B-19.5M0.9045.40112,270101,5501,123,4901,241,000