AVGO Options History — March 2025

In March 2025, AVGO traded between $166.59 and $196.68. ATM implied volatility averaged 49.4%, placing in the 51.3% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 12.1% (HV 20d: 61.5%). Max pain ranged from $185.00 to $200.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.74.

Notable Days

2025-03-07: Highest Volume — 1,061,792 contracts
2025-03-07: Largest IV drop — 22.0% change
2025-03-06: Highest IV Rank — 94.3%
2025-03-06: Largest Expected Move — 22.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$186.86	$166.59	$196.68	$185.59	$166.59
Max Pain	$192.71	$185.00	$200.00	$186.00	$195.00
ATM IV	49.4%	40.0%	64.8%	63.5%	47.7%
Expected Move	15.3%	11.6%	22.1%	21.1%	13.3%
HV 20d	61.5%	50.2%	68.4%	51.0%	59.5%
HV 60d	69.5%	60.4%	81.9%	78.9%	61.1%
IV Rank	51.3%	25.0%	94.3%	90.6%	46.4%
IV Percentile	74.4%	35.3%	99.6%	99.6%	77.4%
Term Structure	-1.0%	-6.1%	1.2%	-2.7%	-0.7%
VWIV	54.0%	41.2%	78.1%	74.3%	46.0%
Skew 25d	5.3%	3.8%	7.4%	5.9%	5.6%
Skew 10d	10.5%	7.5%	15.4%	12.9%	10.5%
Call IV 25d	46.7%	37.9%	60.3%	59.6%	44.9%
Put IV 25d	52.0%	42.0%	66.8%	65.5%	50.5%
Bid-Ask Spread %	3.38	2.51	6.17	4.20	2.56
Gamma HHI	0.05	0.03	0.15	0.03	0.06
Net GEX	11.9M	-79.9M	122.0M	-16.0M	-79.9M
Net DEX	-1.90B	-4.28B	1.85B	-1.16B	1.83B
Net VEX	-55.1M	-58.9M	-51.1M	-51.6M	-51.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.16	1.85	0.79	0.77
Total Volume	333,570.048	145,883	1,061,792	260,829	261,793
Total OI	2,146,735.667	1,848,343	2,365,053	1,880,045	2,006,884

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
2025-03-03	$185.59	$186.00	63.5%	21.1%	51.0%	90.6%	74.3%	5.9%	-2.7%	-16.0M	-1.16B	-51.6M	0.79	4.20	145,571	115,258	950,567	929,478
2025-03-04	$189.53	$185.00	61.9%	20.9%	51.9%	86.2%	73.8%	6.2%	-2.7%	-1.1M	-1.98B	-53.0M	0.48	5.27	252,240	121,024	997,971	959,224
2025-03-05	$192.32	$185.00	60.4%	20.8%	51.8%	82.0%	74.6%	5.2%	-3.0%	27.1M	-3.03B	-56.5M	0.74	3.90	121,576	89,834	1,119,718	1,000,129
2025-03-06	$181.19	$186.00	64.8%	22.1%	50.2%	94.3%	78.1%	6.5%	-6.1%	-12.9M	-550.3M	-54.4M	0.81	6.17	322,457	262,538	1,151,175	1,039,550
2025-03-07	$194.72	$186.00	50.5%	15.9%	58.5%	54.4%	57.0%	4.3%	-1.1%	118.2M	-4.03B	-57.2M	0.62	3.78	657,357	404,435	1,239,009	1,122,794
2025-03-10	$182.52	$186.00	55.0%	18.6%	61.4%	67.0%	66.7%	7.4%	-1.4%	3.2M	-980.9M	-55.8M	0.53	3.51	213,414	113,973	1,154,908	1,033,572
2025-03-11	$192.36	$185.00	52.9%	17.4%	62.4%	61.2%	61.1%	6.6%	-1.2%	67.5M	-3.64B	-58.6M	0.48	2.82	220,378	106,329	1,203,753	1,064,150
2025-03-12	$193.24	$186.00	50.6%	16.6%	62.5%	54.6%	57.4%	6.6%	-1.2%	68.0M	-3.75B	-58.9M	0.45	3.11	181,855	82,111	1,217,820	1,096,084
2025-03-13	$189.82	$186.00	51.2%	16.6%	62.4%	56.3%	57.5%	6.1%	-1.2%	41.0M	-2.77B	-58.2M	0.59	2.73	122,908	71,980	1,232,193	1,112,320
2025-03-14	$194.62	$186.00	47.1%	14.6%	63.6%	44.7%	51.2%	5.6%	-0.9%	122.0M	-4.07B	-58.0M	0.59	2.51	145,759	85,875	1,242,712	1,122,341
2025-03-17	$196.17	$200.00	45.5%	12.7%	63.9%	40.4%	45.6%	5.2%	-0.9%	46.9M	-4.08B	-57.2M	0.97	3.50	92,302	89,343	1,155,798	1,079,860
2025-03-18	$187.93	$200.00	46.3%	13.0%	65.0%	42.5%	44.8%	5.1%	-0.8%	-13.1M	-1.96B	-55.6M	0.59	3.43	91,746	54,137	1,176,429	1,102,745
2025-03-19	$196.68	$200.00	43.4%	12.4%	67.9%	34.5%	44.3%	4.0%	-0.5%	60.6M	-4.28B	-56.8M	0.16	3.07	467,074	74,642	1,191,282	1,112,324
2025-03-20	$190.37	$200.00	42.7%	12.3%	68.4%	32.5%	41.7%	4.2%	-0.3%	-2.5M	-1.53B	-55.6M	1.85	3.29	143,177	264,224	1,144,691	1,123,120
2025-03-21	$190.36	$200.00	41.5%	12.1%	67.5%	29.1%	44.8%	4.0%	-0.2%	9.6M	-2.18B	-55.5M	0.71	3.44	105,745	74,902	1,165,395	1,105,686
2025-03-24	$191.55	$200.00	40.1%	11.7%	67.0%	25.3%	41.2%	4.1%	1.2%	24.1M	-2.78B	-54.4M	0.60	2.72	99,781	59,826	951,147	897,196
2025-03-25	$188.30	$200.00	40.0%	11.6%	65.9%	25.0%	41.4%	3.8%	1.1%	-2.3M	-1.95B	-54.3M	0.87	2.55	85,243	73,983	982,186	918,339
2025-03-26	$179.16	$200.00	43.1%	12.3%	64.9%	33.8%	43.3%	4.7%	0.9%	-55.2M	5.5M	-51.9M	1.00	2.88	162,679	162,052	1,008,072	926,115
2025-03-27	$172.99	$200.00	43.2%	12.3%	62.8%	33.9%	42.9%	4.6%	0.7%	-76.3M	1.19B	-51.2M	1.05	2.57	210,747	221,074	1,026,528	950,292
2025-03-28	$168.04	$195.00	46.0%	13.0%	63.3%	41.6%	45.3%	5.4%	0.7%	-79.8M	1.85B	-51.5M	0.84	2.92	203,069	170,560	1,089,773	978,119
2025-03-31	$166.59	$195.00	47.7%	13.3%	59.5%	46.4%	46.0%	5.6%	-0.7%	-79.9M	1.83B	-51.1M	0.77	2.56	147,785	114,008	1,021,036	985,848