AVGO Options History — August 2023

In August 2023, AVGO traded between $82.71 and $92.07. ATM implied volatility averaged 38.8%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 10.0% (HV 20d: 28.7%). Max pain ranged from $76.00 to $84.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.84.

Notable Days

  • 2023-08-31: Highest Volume — 928,660 contracts
  • 2023-08-29: Largest IV drop — 9.6% change
  • 2023-08-25: Highest IV Rank — 60.3%
  • 2023-08-25: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$86.66$82.71$92.07$91.78$92.07
Max Pain$79.00$76.00$84.00$84.00$80.00
ATM IV38.8%34.1%43.7%34.1%34.3%
Expected Move11.2%8.1%13.5%8.1%10.9%
HV 20d28.7%23.4%34.5%23.4%34.5%
HV 60d34.2%28.5%37.8%35.6%29.6%
IV Rank45.8%32.3%60.3%32.3%32.8%
IV Percentile87.2%64.7%98.4%70.6%65.1%
Term Structure-1.2%-2.5%-0.4%-1.0%-1.0%
VWIV39.2%29.1%47.2%29.1%38.0%
Skew 25d2.6%1.3%3.3%1.3%1.5%
Skew 10d5.0%1.9%7.0%1.9%2.7%
Call IV 25d37.8%33.2%43.3%34.6%33.5%
Put IV 25d40.4%35.0%46.6%35.8%35.0%
Bid-Ask Spread %40.9532.6248.3941.8443.94
Gamma HHI0.050.030.190.050.05
Net GEX23.0M-82.4M156.6M156.6M142.1M
Net DEX-3.34B-5.80B-1.52B-5.65B-5.80B
Net VEX-19.9M-20.8M-18.9M-18.9M-19.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.411.250.570.72
Total Volume309,176.95797,890928,660498,420928,660
Total OI2,575,493.4782,252,3202,729,1402,472,9502,721,100

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$91.78$84.0034.1%8.1%23.4%32.3%29.1%1.3%-1.0%156.6M-5.65B-18.9M0.5741.84317,770180,6501,175,8101,297,140
2023-08-02$89.46$84.0036.0%8.5%25.2%37.7%30.1%1.4%-1.5%23.8M-4.34B-19.8M0.9848.39138,110134,7601,244,6201,372,740
2023-08-03$88.54$76.0035.9%9.8%24.9%37.6%34.2%1.8%-1.7%-58.7M-3.74B-19.9M0.6040.53121,82073,1501,276,2501,417,650
2023-08-04$87.93$77.0035.8%9.9%25.1%37.1%34.5%2.0%-1.4%-82.4M-3.39B-20.4M0.9940.26163,340162,4001,295,3001,433,840
2023-08-07$89.48$78.0035.9%10.0%23.5%37.4%35.6%2.1%-0.7%69.2M-4.42B-19.1M1.0038.1674,43074,3201,159,5901,306,980
2023-08-08$88.39$78.0037.0%10.3%23.9%40.7%36.6%2.7%-0.7%30.2M-3.86B-19.6M0.4941.95137,75066,8901,181,9601,333,480
2023-08-09$85.21$78.0039.2%10.9%26.8%47.2%38.1%3.1%-1.1%-37.7M-2.40B-20.1M1.1343.10157,420178,4101,202,6301,354,520
2023-08-10$84.19$78.0039.9%11.1%27.0%49.1%38.6%3.1%-1.4%-52.2M-1.95B-20.3M0.8039.99183,050146,0901,244,0601,394,890
2023-08-11$83.13$78.0038.7%10.9%27.2%45.7%38.0%2.8%-1.2%-58.9M-1.52B-20.3M1.0945.41168,140182,8301,285,6001,420,210
2023-08-14$85.08$78.0038.7%11.0%27.1%45.6%38.5%2.7%-0.5%-11.3M-2.75B-19.5M0.5843.05150,96088,2801,174,3501,363,110
2023-08-15$84.11$78.0039.8%11.3%27.2%48.7%39.9%2.9%-0.4%-12.9M-2.39B-20.3M0.7045.9657,68040,2101,229,3301,384,590
2023-08-16$83.51$78.0040.3%11.6%27.2%50.3%40.5%3.0%-0.5%-27.0M-2.25B-19.9M0.4145.12132,25054,8901,243,4601,386,330
2023-08-17$82.87$78.0040.6%11.7%27.2%51.2%40.9%2.8%-0.6%-54.1M-1.97B-20.0M0.6143.95127,77077,9001,275,0001,392,780
2023-08-18$82.71$78.0040.3%11.6%26.9%50.4%40.9%2.9%-0.6%-65.0M-2.00B-19.5M1.2547.31134,060167,7101,318,3401,398,940
2023-08-21$86.57$78.0041.1%12.1%32.2%52.6%42.2%2.9%-2.0%39.6M-3.36B-19.2M0.5032.62210,670104,3301,031,5701,220,750
2023-08-22$85.14$79.0042.3%12.5%31.6%56.0%43.9%3.0%-2.2%48.7M-3.00B-20.0M1.2433.70102,910127,3401,114,6201,250,490
2023-08-23$87.68$79.0043.2%12.9%32.5%58.6%46.2%3.0%-2.5%77.9M-4.01B-20.6M1.0533.13148,630155,4101,148,4601,315,400
2023-08-24$85.41$80.0043.4%13.2%33.6%59.4%46.0%3.0%-2.3%49.0M-3.01B-20.6M0.9535.33196,280186,7801,195,5801,393,260
2023-08-25$85.49$80.0043.7%13.5%33.0%60.3%47.2%3.3%-2.4%133.9M-3.05B-20.7M0.7936.28222,000174,6301,244,1801,433,660
2023-08-28$85.87$80.0040.3%12.7%33.0%50.2%44.3%3.2%-1.0%31.5M-3.02B-20.8M0.9636.15124,830119,4701,116,0301,305,930
2023-08-29$89.06$80.0036.4%11.4%34.4%38.9%40.3%2.5%-1.2%88.8M-4.40B-19.5M1.1940.84165,220196,8101,173,8401,349,770
2023-08-30$89.42$80.0034.3%10.8%33.2%32.7%37.7%2.4%-0.9%98.3M-4.58B-19.4M0.8144.94140,560113,5001,220,9401,437,270
2023-08-31$92.07$80.0034.3%10.9%34.5%32.8%38.0%1.5%-1.0%142.1M-5.80B-19.0M0.7243.94540,920387,7401,250,2501,470,850