AVGO Options History — January 2024

In January 2024, AVGO traded between $104.87 and $125.63. ATM implied volatility averaged 28.5%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 4.3% (HV 20d: 32.8%). Max pain ranged from $101.00 to $115.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.78.

Notable Days

2024-01-19: Highest Volume — 1,618,220 contracts
2024-01-16: Largest IV spike — 7.4% change
2024-01-19: Highest IV Rank — 25.0%
2024-01-19: Largest Expected Move — 9.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$114.19	$104.87	$125.63	$107.91	$117.77
Max Pain	$105.10	$101.00	$115.00	$105.00	$115.00
ATM IV	28.5%	26.2%	31.6%	27.0%	29.3%
Expected Move	8.2%	7.4%	9.1%	7.4%	8.3%
HV 20d	32.8%	21.7%	41.2%	40.3%	33.5%
HV 60d	33.4%	32.0%	34.4%	33.9%	34.0%
IV Rank	16.0%	9.4%	25.0%	11.6%	18.2%
IV Percentile	37.4%	11.5%	71.0%	19.4%	46.0%
Term Structure	0.5%	-0.6%	4.0%	-0.2%	4.0%
VWIV	29.2%	25.5%	32.5%	27.0%	29.8%
Skew 25d	0.8%	-1.3%	2.0%	1.8%	0.7%
Skew 10d	1.8%	-2.1%	4.7%	4.4%	1.6%
Call IV 25d	28.6%	25.7%	33.2%	26.5%	29.6%
Put IV 25d	29.4%	27.2%	31.9%	28.3%	30.3%
Bid-Ask Spread %	44.35	35.06	57.90	45.41	44.96
Gamma HHI	0.05	0.02	0.13	0.02	0.03
Net GEX	89.3M	-187.3M	317.9M	-39.8M	-26.6M
Net DEX	-4.78B	-10.32B	-1.72B	-2.79B	-3.37B
Net VEX	-22.3M	-26.1M	-20.7M	-21.5M	-26.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.36	2.21	1.66	0.96
Total Volume	558,961.905	252,320	1,618,220	385,860	510,550
Total OI	2,631,390.476	2,096,510	2,965,970	2,610,060	2,480,180

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
2024-01-02	$107.91	$105.00	27.0%	7.4%	40.3%	11.6%	27.0%	1.8%	-0.2%	-39.8M	-2.79B	-21.5M	1.66	45.41	144,860	241,000	1,023,880	1,586,180
2024-01-03	$105.91	$105.00	27.3%	7.4%	41.2%	12.5%	25.5%	2.0%	0.2%	-101.6M	-1.84B	-21.8M	2.21	39.18	155,370	343,230	1,069,400	1,632,800
2024-01-04	$105.15	$101.00	26.9%	7.8%	41.0%	11.2%	27.8%	1.9%	0.1%	-125.1M	-1.75B	-22.0M	1.30	45.66	219,230	284,960	1,105,440	1,648,480
2024-01-05	$104.87	$101.00	26.3%	7.7%	40.7%	9.5%	27.2%	1.8%	0.0%	-187.3M	-1.72B	-21.7M	1.04	47.10	238,560	248,180	1,159,210	1,727,770
2024-01-08	$107.34	$101.00	27.3%	7.9%	40.9%	12.5%	28.0%	1.6%	0.3%	8.8M	-3.04B	-21.7M	0.52	43.21	320,780	168,090	1,006,020	1,619,980
2024-01-09	$107.86	$101.00	26.9%	7.8%	39.9%	11.2%	27.5%	1.4%	0.3%	65.4M	-3.42B	-21.8M	0.42	45.57	291,190	122,840	1,107,540	1,660,850
2024-01-10	$107.88	$101.00	26.5%	7.7%	26.2%	10.3%	27.4%	1.3%	0.3%	86.3M	-3.47B	-21.8M	0.72	49.18	202,850	146,360	1,164,600	1,682,260
2024-01-11	$109.84	$101.00	26.2%	7.6%	24.2%	9.4%	27.4%	1.1%	0.3%	237.5M	-4.65B	-21.9M	0.47	52.81	328,370	154,400	1,199,040	1,704,500
2024-01-12	$110.62	$101.00	26.3%	7.6%	23.5%	9.7%	27.1%	1.1%	0.3%	263.8M	-5.14B	-21.8M	0.39	49.30	467,520	183,720	1,242,450	1,723,520
2024-01-16	$111.27	$101.00	28.3%	8.1%	22.9%	15.4%	29.0%	1.6%	-0.5%	147.5M	-4.92B	-21.2M	0.52	57.90	263,320	136,340	1,109,700	1,592,420
2024-01-17	$110.08	$101.00	28.7%	8.2%	21.7%	16.6%	29.2%	2.0%	-0.4%	90.3M	-4.28B	-21.2M	0.58	53.66	165,050	95,560	1,134,180	1,638,820
2024-01-18	$114.34	$102.00	29.5%	8.5%	25.6%	18.8%	30.4%	0.7%	-0.4%	317.9M	-6.68B	-20.8M	0.48	48.63	519,810	250,830	1,172,510	1,654,970
2024-01-19	$121.31	$103.00	31.6%	9.1%	32.9%	25.0%	32.5%	-1.3%	-0.6%	227.4M	-10.32B	-20.7M	0.36	35.17	1,189,570	428,650	1,239,630	1,709,470
2024-01-22	$122.12	$104.00	31.0%	9.0%	31.7%	23.3%	32.2%	-0.2%	-0.1%	183.6M	-6.66B	-20.9M	0.41	35.06	486,820	197,620	1,012,370	1,084,140
2024-01-23	$122.21	$106.00	29.3%	8.5%	31.7%	18.4%	30.2%	0.1%	-0.4%	185.6M	-6.66B	-21.4M	0.68	37.45	150,390	101,930	1,083,070	1,159,820
2024-01-24	$125.63	$108.00	30.2%	8.8%	32.6%	20.9%	31.3%	-1.0%	-0.1%	219.1M	-7.94B	-21.6M	0.51	38.38	699,790	359,700	1,107,840	1,195,680
2024-01-25	$122.98	$110.00	30.2%	8.7%	33.9%	20.8%	30.9%	-0.2%	-0.1%	115.6M	-6.51B	-23.4M	0.61	35.57	398,540	242,040	1,189,920	1,277,730
2024-01-26	$120.56	$112.00	29.6%	8.5%	34.7%	19.2%	30.1%	-0.2%	0.1%	56.9M	-5.09B	-24.7M	0.96	42.79	378,670	363,350	1,250,820	1,353,700
2024-01-29	$121.74	$114.00	30.3%	8.7%	34.7%	21.2%	31.0%	0.2%	3.4%	85.6M	-5.29B	-24.9M	0.58	43.48	164,210	96,020	1,081,570	1,254,410
2024-01-30	$120.70	$114.00	30.1%	8.7%	34.8%	20.7%	30.9%	0.1%	3.4%	63.5M	-4.81B	-25.9M	0.94	40.79	143,160	134,770	1,118,460	1,293,870
2024-01-31	$117.77	$115.00	29.3%	8.3%	33.5%	18.2%	29.8%	0.7%	4.0%	-26.6M	-3.37B	-26.1M	0.96	44.96	261,020	249,530	1,145,310	1,334,870