AVGO Options History — May 2024

In May 2024, AVGO traded between $123.71 and $143.34. ATM implied volatility averaged 37.5%, placing in the 38.3% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded below realized volatility by 0.5% (HV 20d: 38.0%). Max pain ranged from $110.00 to $128.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.75.

Notable Days

  • 2024-05-15: Highest Volume — 638,020 contracts
  • 2024-05-13: Largest IV spike — 9.4% change
  • 2024-05-15: Highest IV Rank — 48.9%
  • 2024-05-31: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.27$123.71$143.34$125.75$132.04
Max Pain$117.86$110.00$128.00$128.00$119.00
ATM IV37.5%34.3%41.0%36.1%39.5%
Expected Move11.0%10.2%12.2%10.6%12.2%
HV 20d38.0%28.2%44.6%42.2%29.7%
HV 60d41.5%37.5%43.5%42.4%37.8%
IV Rank38.3%28.6%48.9%34.2%44.4%
IV Percentile77.1%61.9%92.5%73.0%87.3%
Term Structure0.2%-2.8%6.4%-0.9%-2.8%
VWIV38.6%36.0%42.3%37.6%42.3%
Skew 25d0.6%0.3%1.7%0.5%0.9%
Skew 10d1.2%0.3%2.6%1.6%2.6%
Call IV 25d37.3%32.7%41.3%36.4%39.9%
Put IV 25d38.0%33.2%41.7%37.0%40.8%
Bid-Ask Spread %49.0541.0057.0257.0248.84
Gamma HHI0.040.020.240.020.09
Net GEX91.6M-332.8M279.8M-28.3M-332.8M
Net DEX-5.81B-10.04B-1.75B-2.61B-2.30B
Net VEX-40.9M-42.0M-39.2M-39.6M-40.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.481.190.931.19
Total Volume365,461.364169,590638,020397,360465,410
Total OI2,830,7802,577,8403,076,1702,711,8603,076,170

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$125.75$128.0036.1%10.6%42.2%34.2%37.6%0.5%-0.9%-28.3M-2.61B-39.6M0.9357.02205,610191,7501,418,4701,293,390
2024-05-02$123.71$127.0036.6%10.8%42.0%35.8%38.4%0.7%-0.8%-70.7M-1.75B-39.2M0.6655.75276,120181,1901,463,1101,324,170
2024-05-03$127.70$127.0035.4%10.2%43.4%32.0%36.0%0.4%-0.5%222.1M-3.87B-40.2M0.5254.83333,880173,7301,541,8901,362,960
2024-05-06$130.54$110.0035.3%11.3%44.3%31.8%39.5%0.6%5.6%83.4M-4.80B-40.5M0.5750.92158,08090,2601,375,9401,292,910
2024-05-07$130.33$110.0034.3%11.1%44.3%28.6%38.6%0.6%5.9%77.9M-4.69B-40.2M1.1648.55101,940118,4801,410,0101,324,140
2024-05-08$132.13$112.0034.4%11.2%44.6%28.9%38.6%0.3%5.2%128.4M-5.42B-41.1M0.5944.89229,580136,2601,439,4601,356,500
2024-05-09$130.53$113.0035.2%11.1%41.8%31.5%38.7%0.4%6.0%59.9M-4.58B-41.0M0.7653.55201,740153,9501,482,2801,396,360
2024-05-10$133.09$115.0035.4%10.9%41.7%32.0%38.1%0.5%6.4%185.0M-5.92B-41.6M0.6151.05291,460178,3601,524,7401,445,540
2024-05-13$133.79$116.0038.7%11.1%40.1%42.0%38.8%0.3%-1.3%117.4M-5.78B-40.7M1.0144.02133,820135,1801,421,8201,347,800
2024-05-14$137.92$116.0039.4%11.0%41.0%44.1%38.5%1.7%-1.9%188.1M-7.52B-41.4M0.6347.98194,470122,9901,446,5401,393,090
2024-05-15$143.34$116.0041.0%11.1%40.5%48.9%39.0%1.4%-2.4%279.8M-10.04B-42.0M0.4847.40432,360205,6601,477,4301,426,260
2024-05-16$140.94$118.0040.7%11.2%40.4%48.0%39.7%0.4%-1.9%232.6M-8.79B-42.0M0.4845.04328,590157,9301,528,4801,464,440
2024-05-17$139.27$118.0039.5%10.8%35.6%44.3%37.8%0.4%-2.5%180.9M-7.70B-41.5M0.8147.75217,890177,2301,564,7501,496,120
2024-05-20$140.99$118.0038.4%10.9%35.6%41.0%38.1%0.7%-1.2%130.6M-7.33B-41.2M0.8341.00142,130118,2301,299,5401,278,300
2024-05-21$140.06$118.0037.9%10.8%35.2%39.7%37.9%0.9%-1.1%121.6M-6.94B-41.5M0.8643.0091,18078,4101,339,3201,324,710
2024-05-22$138.91$118.0038.4%11.0%35.5%41.0%38.5%1.0%-0.8%88.8M-6.36B-41.5M0.9748.57122,500119,4301,360,4001,362,020
2024-05-23$139.07$118.0036.8%10.6%34.4%36.3%37.1%0.8%-0.8%88.2M-6.45B-41.0M0.6448.80297,500189,4301,393,2801,417,590
2024-05-24$140.50$119.0036.1%10.4%31.9%34.2%36.3%0.7%-0.5%128.2M-7.16B-40.8M0.6553.15209,920136,8201,451,6501,458,980
2024-05-28$140.34$119.0038.0%11.2%31.7%39.7%39.3%0.4%-1.3%122.6M-7.00B-41.0M0.7350.88193,410140,6201,360,4201,322,030
2024-05-29$139.00$119.0038.5%11.5%31.0%41.4%40.0%0.3%-1.7%76.5M-6.31B-40.8M0.8447.86155,320129,9201,447,3901,401,120
2024-05-30$135.91$119.0039.1%11.9%28.2%43.1%41.1%0.4%-1.7%-64.6M-4.59B-41.5M0.5448.31208,740112,6701,490,5401,475,100
2024-05-31$132.04$119.0039.5%12.2%29.7%44.4%42.3%0.9%-2.8%-332.8M-2.30B-40.3M1.1948.84212,120253,2901,562,6901,513,480