AVGO Options History — November 2023

In November 2023, AVGO traded between $85.15 and $99.86. ATM implied volatility averaged 34.4%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 3.1% (HV 20d: 31.3%). Max pain ranged from $85.50 to $92.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.91.

Notable Days

2023-11-10: Highest Volume — 1,138,390 contracts
2023-11-22: Largest IV drop — 9.0% change
2023-11-10: Highest IV Rank — 46.4%
2023-11-16: Largest Expected Move — 11.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$93.78	$85.15	$99.86	$85.15	$92.50
Max Pain	$89.17	$85.50	$92.00	$85.50	$92.00
ATM IV	34.4%	30.1%	39.0%	33.1%	30.2%
Expected Move	10.2%	9.0%	11.2%	9.3%	9.8%
HV 20d	31.3%	26.1%	33.9%	32.2%	29.4%
HV 60d	31.0%	28.5%	32.8%	31.8%	28.8%
IV Rank	33.1%	20.6%	46.4%	29.4%	21.0%
IV Percentile	73.2%	47.2%	92.1%	71.4%	49.6%
Term Structure	-0.4%	-1.8%	4.4%	3.5%	-0.9%
VWIV	36.1%	31.7%	39.6%	33.5%	34.4%
Skew 25d	2.7%	1.6%	4.1%	4.1%	2.0%
Skew 10d	5.7%	3.6%	8.4%	8.4%	4.4%
Call IV 25d	33.2%	28.6%	38.6%	30.9%	29.6%
Put IV 25d	35.9%	31.0%	40.9%	35.0%	31.6%
Bid-Ask Spread %	40.86	31.54	46.87	44.19	44.44
Gamma HHI	0.06	0.03	0.12	0.03	0.04
Net GEX	94.2M	-87.7M	227.6M	40.2M	-87.7M
Net DEX	-4.32B	-6.66B	-1.97B	-1.97B	-2.00B
Net VEX	-19.3M	-20.2M	-18.3M	-19.9M	-19.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.62	1.50	0.78	0.79
Total Volume	379,987.143	142,480	1,138,390	211,250	374,120
Total OI	2,490,410.476	2,273,390	2,834,670	2,332,060	2,561,010

Daily Data (21 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
2023-11-01	$85.15	$85.50	33.1%	9.3%	32.2%	29.4%	33.5%	4.1%	3.5%	40.2M	-1.97B	-19.9M	0.78	44.19	118,710	92,540	1,068,600	1,263,460
2023-11-02	$87.26	$86.00	31.7%	10.2%	33.3%	25.1%	35.6%	3.9%	4.4%	123.0M	-3.00B	-19.6M	0.72	43.78	182,990	132,260	1,095,400	1,286,890
2023-11-03	$88.44	$86.00	31.5%	9.9%	32.4%	24.7%	36.1%	3.4%	4.0%	160.8M	-3.62B	-19.2M	0.75	43.43	206,320	153,960	1,129,090	1,309,250
2023-11-06	$87.86	$86.00	33.8%	10.0%	32.5%	31.5%	35.1%	4.0%	0.2%	55.6M	-2.87B	-19.0M	1.12	46.87	82,400	92,230	1,045,220	1,228,170
2023-11-07	$90.09	$86.00	34.8%	10.0%	33.5%	34.4%	36.1%	3.8%	-0.5%	112.1M	-3.86B	-18.8M	1.31	44.29	168,690	220,430	1,063,010	1,260,650
2023-11-08	$91.21	$88.00	35.5%	10.0%	33.5%	36.4%	35.7%	3.9%	-0.5%	151.0M	-4.37B	-19.2M	0.80	43.19	157,250	126,540	1,105,560	1,340,970
2023-11-09	$91.11	$88.00	37.2%	10.5%	30.6%	41.3%	36.9%	3.9%	-0.9%	159.3M	-4.29B	-19.3M	0.68	44.25	325,840	220,580	1,136,500	1,367,990
2023-11-10	$95.79	$89.00	39.0%	10.9%	33.9%	46.4%	38.7%	2.4%	-1.4%	227.6M	-6.66B	-18.9M	0.86	39.43	613,630	524,760	1,182,560	1,433,850
2023-11-13	$94.96	$90.00	38.6%	11.0%	33.5%	45.3%	38.3%	2.8%	-1.2%	108.8M	-5.09B	-19.6M	0.84	37.37	162,080	136,440	1,121,150	1,410,130
2023-11-14	$97.27	$90.00	37.8%	10.8%	32.5%	42.9%	37.9%	2.7%	-1.3%	156.6M	-6.15B	-19.3M	0.62	39.27	281,210	173,930	1,160,060	1,450,840
2023-11-15	$97.54	$90.00	38.1%	10.9%	32.5%	44.0%	39.6%	2.8%	-1.3%	169.1M	-6.26B	-19.7M	0.88	39.22	147,870	129,560	1,213,660	1,492,740
2023-11-16	$96.17	$90.00	38.9%	11.2%	31.9%	46.3%	39.4%	2.5%	-1.6%	118.2M	-5.53B	-20.2M	0.87	38.31	165,060	143,730	1,251,770	1,530,420
2023-11-17	$97.64	$90.00	38.1%	11.1%	31.2%	43.9%	39.2%	2.4%	-1.5%	168.9M	-6.37B	-19.7M	0.67	35.86	300,990	200,960	1,272,890	1,561,780
2023-11-20	$99.86	$90.00	37.1%	11.0%	31.6%	41.0%	39.3%	2.3%	-1.8%	119.5M	-5.71B	-19.2M	1.13	31.54	155,580	175,590	1,060,230	1,251,150
2023-11-21	$98.16	$91.00	33.8%	10.0%	32.5%	31.4%	35.4%	1.7%	-1.6%	100.1M	-4.99B	-19.6M	1.13	35.51	260,270	293,660	1,101,590	1,322,500
2023-11-22	$97.34	$91.00	30.8%	9.0%	29.1%	22.5%	31.7%	1.8%	-1.1%	89.7M	-4.59B	-18.9M	1.01	39.82	213,360	215,730	1,127,820	1,372,290
2023-11-24	$96.99	$91.00	30.3%	9.0%	26.1%	21.2%	32.0%	1.6%	-1.3%	33.6M	-4.22B	-18.6M	1.05	41.46	69,430	73,050	1,129,140	1,411,570
2023-11-27	$95.87	$91.00	30.1%	9.3%	27.0%	20.6%	33.1%	2.0%	-0.7%	32.7M	-3.60B	-18.3M	1.50	40.27	109,350	163,880	1,004,110	1,290,220
2023-11-28	$94.08	$91.00	30.9%	9.7%	28.5%	22.8%	34.6%	1.8%	-1.0%	-32.9M	-2.76B	-19.0M	0.97	43.39	179,930	174,120	1,037,960	1,364,170
2023-11-29	$94.12	$91.00	30.7%	9.8%	28.4%	22.3%	34.7%	1.9%	-0.9%	-27.6M	-2.86B	-19.0M	0.72	42.11	151,690	109,010	1,081,690	1,400,560
2023-11-30	$92.50	$92.00	30.2%	9.8%	29.4%	21.0%	34.4%	2.0%	-0.9%	-87.7M	-2.00B	-19.1M	0.79	44.44	208,800	165,320	1,119,070	1,441,940