AVGO Options History — December 2023

In December 2023, AVGO traded between $90.54 and $114.59. ATM implied volatility averaged 27.8%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded below realized volatility by 8.1% (HV 20d: 35.9%). Max pain ranged from $75.00 to $104.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.78.

Notable Days

  • 2023-12-18: Highest Volume — 3,551,780 contracts
  • 2023-12-08: Largest IV drop — 13.9% change
  • 2023-12-04: Highest IV Rank — 21.6%
  • 2023-12-01: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.66$90.54$114.59$92.82$111.66
Max Pain$89.03$75.00$104.00$92.00$104.00
ATM IV27.8%24.7%30.5%29.6%24.7%
Expected Move7.9%6.7%9.7%9.7%6.7%
HV 20d35.9%27.4%40.2%28.4%37.2%
HV 60d32.0%28.6%34.1%28.6%33.0%
IV Rank14.0%5.0%21.6%19.3%5.0%
IV Percentile26.7%3.6%54.0%42.1%3.6%
Term Structure0.2%-0.9%1.3%-0.9%1.2%
VWIV28.4%24.0%34.5%34.5%24.0%
Skew 25d0.5%-2.0%1.7%1.7%1.4%
Skew 10d0.9%-4.4%3.3%3.2%3.0%
Call IV 25d27.9%24.0%32.2%29.3%24.0%
Put IV 25d28.4%25.4%31.2%31.0%25.5%
Bid-Ask Spread %37.0126.3545.9045.9045.63
Gamma HHI0.060.030.220.060.08
Net GEX104.8M-67.1M323.5M-29.6M-67.1M
Net DEX-5.69B-12.09B-1.65B-2.37B-4.35B
Net VEX-20.6M-23.0M-18.1M-19.3M-21.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.101.230.661.23
Total Volume930,189201,4703,551,780431,970452,890
Total OI2,865,537.52,415,7103,567,3402,641,1302,858,220

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$92.82$92.0029.6%9.7%28.4%19.3%34.5%1.7%-0.9%-29.6M-2.37B-19.3M0.6645.90260,260171,7101,185,1401,455,990
2023-12-04$92.47$75.0030.5%8.5%28.3%21.6%29.6%1.7%-0.3%16.4M-2.53B-19.4M0.8142.97111,60089,8701,099,5601,316,150
2023-12-05$91.42$75.0029.9%8.4%28.5%20.0%29.3%1.7%-0.1%-5.5M-2.08B-19.3M0.6340.31175,200109,9201,146,6901,360,520
2023-12-06$90.54$76.0029.0%8.2%27.4%17.3%28.4%1.6%-0.0%-19.1M-1.65B-19.7M0.6742.43182,510121,9901,221,4001,412,600
2023-12-07$92.14$76.0029.0%8.2%27.8%17.3%29.0%1.4%-0.1%39.4M-2.57B-20.2M0.7141.04368,910260,2901,284,9501,465,270
2023-12-08$95.05$76.0024.9%7.3%29.8%5.6%25.8%0.6%0.6%323.5M-4.71B-19.4M0.5045.00864,740428,4101,431,2601,589,260
2023-12-11$103.68$77.0027.8%7.9%39.1%14.0%28.1%-0.0%-0.3%209.4M-8.29B-18.1M0.5136.681,070,300545,9701,227,8001,427,820
2023-12-12$107.28$78.0028.0%8.1%40.2%14.4%29.0%-1.1%0.2%231.9M-9.58B-18.9M0.5440.051,077,550582,8301,351,4501,618,790
2023-12-13$109.19$80.0028.6%8.2%39.9%16.2%29.4%-1.2%-0.1%261.6M-10.34B-19.6M0.5638.87927,450523,7801,465,9901,780,860
2023-12-14$110.95$82.0029.2%8.3%40.0%18.0%29.9%-1.0%-0.0%284.3M-11.02B-19.9M0.7436.73659,920490,1401,552,0101,876,810
2023-12-15$113.35$82.0030.3%8.5%39.6%21.2%30.4%-2.0%-0.8%279.5M-12.09B-20.0M0.6936.581,355,730929,0701,596,1401,971,200
2023-12-18$114.59$87.0028.4%8.1%39.5%15.8%28.8%-0.7%0.2%161.5M-8.65B-20.7M0.1033.393,218,930332,8501,265,0901,508,400
2023-12-19$113.58$101.0027.3%7.8%39.6%12.4%28.0%-0.1%0.3%147.5M-5.38B-21.6M0.9726.35355,530345,2801,092,3501,602,400
2023-12-20$111.40$102.0027.6%7.9%39.8%13.4%28.2%0.5%0.4%-15.0M-3.93B-22.9M1.2329.83313,920385,7701,133,7401,728,650
2023-12-21$112.54$103.0027.3%7.8%39.4%12.4%27.9%0.6%0.4%71.6M-4.89B-23.0M1.1528.94269,640310,5101,213,2901,806,280
2023-12-22$112.05$103.0026.6%7.6%39.4%10.5%27.9%0.9%0.4%-8.0M-4.48B-22.9M1.0330.27233,720241,0601,240,7801,860,880
2023-12-26$113.39$103.5026.7%7.5%38.8%10.6%27.5%1.1%1.2%104.4M-5.27B-22.0M1.1429.09133,810152,1601,036,3501,601,800
2023-12-27$112.54$104.0025.9%7.3%38.0%8.4%26.4%1.2%0.9%66.9M-4.89B-21.7M1.0033.43143,380143,7401,070,8501,658,750
2023-12-28$112.44$104.0025.3%7.0%38.0%6.7%25.2%1.2%1.3%42.7M-4.78B-21.9M0.8136.80145,310117,1301,096,7201,698,540
2023-12-29$111.66$104.0024.7%6.7%37.2%5.0%24.0%1.4%1.2%-67.1M-4.35B-21.2M1.2345.63203,360249,5301,126,4701,731,750