AVGO Options History — February 2025

In February 2025, AVGO traded between $198.28 and $235.62. ATM implied volatility averaged 54.6%, placing in the 65.8% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 15.5% (HV 20d: 70.1%). Max pain ranged from $180.00 to $202.50. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.61.

Notable Days

2025-02-05: Highest Volume — 474,405 contracts
2025-02-25: Largest IV spike — 7.2% change
2025-02-27: Highest IV Rank — 80.2%
2025-02-27: Largest Expected Move — 18.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$222.27	$198.28	$235.62	$217.24	$198.28
Max Pain	$187.68	$180.00	$202.50	$200.00	$188.00
ATM IV	54.6%	51.3%	59.8%	55.0%	58.0%
Expected Move	15.3%	12.0%	18.6%	13.5%	18.3%
HV 20d	70.1%	43.3%	77.3%	73.6%	48.2%
HV 60d	75.7%	74.9%	77.8%	75.0%	77.8%
IV Rank	65.8%	56.7%	80.2%	68.5%	75.1%
IV Percentile	95.5%	89.3%	99.6%	97.2%	98.0%
Term Structure	-2.2%	-3.2%	-1.6%	-1.8%	-2.7%
VWIV	53.6%	42.2%	65.4%	47.0%	63.4%
Skew 25d	2.4%	0.9%	5.4%	2.6%	4.8%
Skew 10d	5.2%	2.3%	11.2%	5.7%	10.6%
Call IV 25d	53.8%	51.0%	57.9%	55.4%	56.9%
Put IV 25d	56.1%	52.2%	63.3%	58.0%	61.8%
Bid-Ask Spread %	3.75	2.49	4.86	3.13	4.13
Gamma HHI	0.05	0.03	0.08	0.04	0.08
Net GEX	94.5M	-53.8M	226.7M	72.5M	-53.8M
Net DEX	-8.86B	-12.56B	-2.94B	-7.90B	-2.94B
Net VEX	-53.7M	-56.4M	-51.4M	-56.0M	-53.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.61	0.41	0.90	0.66	0.85
Total Volume	230,027.158	131,354	474,405	188,318	349,658
Total OI	2,045,649.421	1,809,988	2,170,718	2,017,044	1,989,184

Daily Data (19 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
2025-02-03	$217.24	$200.00	55.0%	13.5%	73.6%	68.5%	47.0%	2.6%	-1.8%	72.5M	-7.90B	-56.0M	0.66	3.13	113,163	75,155	1,037,263	979,781
2025-02-04	$220.94	$202.50	55.1%	13.0%	73.9%	68.3%	45.6%	2.0%	-1.8%	107.0M	-8.99B	-56.0M	0.48	3.56	115,075	55,030	1,063,063	996,902
2025-02-05	$232.59	$202.50	54.4%	12.0%	76.1%	65.4%	42.2%	1.0%	-1.8%	226.7M	-12.56B	-55.4M	0.52	2.49	311,461	162,944	1,090,230	1,003,796
2025-02-06	$230.88	$180.00	53.6%	14.6%	75.4%	62.9%	51.4%	1.6%	-1.6%	169.1M	-11.47B	-56.4M	0.41	3.88	150,768	61,333	1,099,161	1,041,209
2025-02-07	$224.39	$180.00	53.8%	14.6%	76.1%	63.6%	51.0%	2.7%	-1.9%	53.9M	-9.46B	-55.7M	0.53	3.41	225,094	120,334	1,119,039	1,051,679
2025-02-10	$234.66	$180.00	52.9%	14.5%	77.3%	61.1%	50.8%	1.8%	-1.7%	165.7M	-12.12B	-53.8M	0.47	4.41	157,551	73,445	1,032,655	1,000,800
2025-02-11	$234.96	$182.00	52.9%	14.6%	77.3%	61.2%	51.5%	1.6%	-1.7%	179.7M	-12.22B	-53.5M	0.70	3.90	90,291	63,173	1,058,129	1,019,965
2025-02-12	$235.62	$184.00	53.0%	14.7%	77.2%	61.4%	51.3%	1.6%	-1.8%	192.5M	-12.38B	-53.9M	0.68	3.52	78,345	53,009	1,070,543	1,036,532
2025-02-13	$234.68	$185.00	53.7%	14.9%	77.0%	63.3%	52.3%	1.1%	-1.9%	186.7M	-12.12B	-53.8M	0.51	3.96	112,283	57,472	1,078,280	1,043,444
2025-02-14	$233.01	$185.00	52.7%	14.7%	76.8%	60.6%	51.6%	1.2%	-2.1%	122.3M	-11.66B	-53.5M	0.49	3.89	134,116	65,866	1,091,099	1,052,695
2025-02-18	$228.25	$185.00	53.9%	15.4%	76.5%	63.9%	53.8%	0.9%	-2.5%	105.1M	-9.97B	-52.8M	0.43	3.67	150,946	65,304	1,032,531	993,867
2025-02-19	$227.32	$185.00	51.9%	14.9%	76.4%	58.2%	51.8%	1.2%	-2.4%	108.1M	-9.88B	-51.4M	0.48	3.46	115,323	54,949	1,067,429	1,015,597
2025-02-20	$226.38	$185.00	51.3%	14.8%	76.2%	56.7%	51.7%	1.2%	-2.5%	79.8M	-9.54B	-51.5M	0.61	3.01	100,223	60,968	1,080,918	1,028,626
2025-02-21	$217.62	$186.00	53.1%	15.5%	77.1%	61.5%	54.5%	2.9%	-2.8%	45.0M	-6.95B	-52.3M	0.67	3.02	179,287	120,695	1,088,827	1,033,827
2025-02-24	$210.93	$188.00	55.0%	16.6%	77.0%	66.9%	57.6%	3.1%	-2.4%	21.1M	-5.37B	-51.5M	0.76	4.41	101,899	77,801	911,905	898,083
2025-02-25	$202.60	$190.00	59.0%	18.1%	43.3%	78.0%	63.1%	4.1%	-2.8%	-12.6M	-3.60B	-52.3M	0.74	4.14	142,234	104,816	932,195	928,980
2025-02-26	$212.51	$190.00	57.4%	17.8%	45.5%	73.7%	62.6%	4.0%	-3.0%	59.8M	-6.10B	-53.6M	0.65	4.33	136,202	89,189	977,982	949,394
2025-02-27	$200.19	$188.00	59.8%	18.6%	50.2%	80.2%	65.4%	5.4%	-3.2%	-32.9M	-3.18B	-53.2M	0.90	4.86	128,961	116,153	998,908	972,821
2025-02-28	$198.28	$188.00	58.0%	18.3%	48.2%	75.1%	63.4%	4.8%	-2.7%	-53.8M	-2.94B	-53.1M	0.85	4.13	188,656	161,002	1,020,186	968,998