AVGO Options History — March 2024

In March 2024, AVGO traded between $123.38 and $140.82. ATM implied volatility averaged 39.1%, placing in the 46.2% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 9.9% (HV 20d: 49.0%). Max pain ranged from $120.00 to $125.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2024-03-08: Highest Volume — 1,954,950 contracts
  • 2024-03-08: Largest IV drop — 28.3% change
  • 2024-03-07: Highest IV Rank — 100.0%
  • 2024-03-01: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$131.60$123.38$140.82$139.84$132.27
Max Pain$123.10$120.00$125.00$120.00$125.00
ATM IV39.1%31.1%58.0%48.7%31.1%
Expected Move10.9%8.8%17.0%17.0%8.8%
HV 20d49.0%40.2%51.6%40.3%51.6%
HV 60d38.7%37.5%40.3%37.6%39.6%
IV Rank46.2%23.0%100.0%74.6%23.0%
IV Percentile78.4%58.3%100.0%98.4%58.3%
Term Structure-1.1%-4.3%0.5%-4.3%0.2%
VWIV38.8%31.1%59.1%59.1%31.1%
Skew 25d-2.4%-7.5%-0.6%-3.7%-0.7%
Skew 10d-5.3%-14.1%-1.9%-6.8%-2.3%
Call IV 25d41.1%31.8%64.2%52.8%31.8%
Put IV 25d38.6%30.9%56.7%49.2%31.1%
Bid-Ask Spread %36.5224.2049.0928.0642.30
Gamma HHI0.040.020.160.160.03
Net GEX99.5M-53.4M281.5M236.5M106.0M
Net DEX-6.42B-11.19B-2.69B-11.19B-5.96B
Net VEX-36.5M-41.5M-27.8M-27.8M-41.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.300.860.440.54
Total Volume655,592.5256,3601,954,9501,206,530321,730
Total OI3,001,9802,496,1603,650,5802,582,2703,042,610

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$139.84$120.0048.7%17.0%40.3%74.6%59.1%-3.7%-4.3%236.5M-11.19B-27.8M0.4428.06835,870370,6601,283,8701,298,400
2024-03-04$140.82$120.0052.8%13.1%40.2%86.6%46.8%-4.0%-3.1%134.7M-9.99B-29.5M0.5030.62443,110220,4601,236,0101,260,150
2024-03-05$133.73$120.0051.0%13.0%45.1%81.5%46.0%-3.5%-3.0%96.5M-7.34B-32.5M0.7029.29238,940167,0801,370,1701,362,640
2024-03-06$135.30$120.0053.1%13.5%44.3%87.6%47.9%-5.0%-3.5%112.7M-8.09B-34.0M0.4424.20347,020151,7301,441,4801,408,970
2024-03-07$140.06$120.0058.0%15.0%44.6%100.0%53.3%-7.5%-3.8%154.6M-10.37B-35.1M0.4131.88919,510379,6601,549,9601,467,500
2024-03-08$131.68$123.0041.6%11.3%50.3%53.2%40.8%-3.8%-1.5%47.8M-6.42B-37.8M0.6134.741,213,410741,5401,977,5101,673,070
2024-03-11$129.25$123.0037.5%10.3%50.7%41.5%36.8%-2.2%-1.2%72.4M-5.54B-37.5M0.6226.55283,460174,6301,685,6901,452,360
2024-03-12$128.48$123.0037.0%10.3%50.4%39.9%37.2%-2.2%-1.0%66.8M-5.26B-38.1M0.5939.58310,000182,2701,771,9601,503,990
2024-03-13$125.81$123.0035.9%10.0%50.8%36.9%35.9%-2.1%-0.9%3.2M-3.85B-37.1M0.8640.90225,660193,4701,833,9601,554,230
2024-03-14$125.73$123.0035.7%10.0%50.6%36.3%36.1%-1.9%-0.9%1.7M-3.96B-37.5M0.7635.35200,530152,7101,888,3801,587,740
2024-03-15$123.47$124.0035.2%9.9%51.0%34.7%35.6%-1.5%-0.8%-53.4M-2.69B-36.5M0.7938.69232,170182,8701,919,1801,593,350
2024-03-18$124.06$124.0034.3%9.8%50.9%32.3%35.0%-0.8%-0.1%36.4M-2.98B-35.8M0.6435.33156,170100,1901,421,8001,222,010
2024-03-19$123.38$124.0031.6%9.0%50.6%24.5%32.3%-0.6%0.2%29.7M-2.70B-34.6M0.3044.04323,09096,5501,473,1501,266,000
2024-03-20$127.11$125.0031.1%8.9%51.6%23.1%31.8%-1.2%0.3%176.4M-4.49B-36.3M0.5049.09323,110163,1201,517,0901,298,230
2024-03-21$135.67$125.0034.1%9.8%51.2%31.7%35.0%-2.5%0.1%281.5M-9.64B-37.3M0.4738.881,015,220473,7801,583,8501,302,310
2024-03-22$135.05$125.0033.7%9.7%51.2%30.4%34.1%-1.6%-0.2%150.3M-8.45B-38.8M0.4139.02623,350254,2201,699,0001,403,250
2024-03-25$135.49$125.0033.9%9.8%51.1%31.0%34.7%-1.6%0.5%169.7M-7.51B-40.1M0.5540.25190,440104,4801,503,6301,283,460
2024-03-26$133.48$125.0033.6%9.6%51.3%30.3%34.0%-1.5%-0.0%124.8M-6.59B-41.2M0.4440.19315,580139,4601,561,1701,331,930
2024-03-27$131.37$125.0032.1%9.2%51.6%25.9%32.7%-0.8%0.2%42.8M-5.34B-41.5M0.6341.46211,500133,1001,632,7201,376,820
2024-03-28$132.27$125.0031.1%8.8%51.6%23.0%31.1%-0.7%0.2%106.0M-5.96B-41.4M0.5442.30208,600113,1301,651,8901,390,720