AVNT Options History — May 2021

In May 2021, AVNT traded between $50.93 and $53.57. ATM implied volatility averaged 36.9%, placing in the 11.3% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 9.8% (HV 20d: 27.1%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 16.15.

Notable Days

  • 2021-05-11: Highest Volume — 2,030 contracts
  • 2021-05-24: Largest IV spike — 44.8% change
  • 2021-05-03: Highest IV Rank — 19.7%
  • 2021-05-03: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.33$50.93$53.57$52.05$51.94
Max Pain$43.00$40.00$50.00$50.00$50.00
ATM IV36.9%26.3%44.9%44.9%42.1%
Expected Move10.6%7.5%12.9%12.9%12.1%
HV 20d27.1%24.0%29.9%24.0%28.3%
HV 60d39.1%35.7%39.9%39.5%35.7%
IV Rank11.3%0.2%19.7%19.7%16.8%
IV Percentile20.4%0.5%47.2%45.2%40.0%
Term Structure-0.6%-15.4%12.6%-3.0%-15.4%
VWIV36.3%21.2%49.2%41.1%42.5%
Skew 25d6.6%-2.1%18.4%6.6%11.3%
Skew 10d14.9%-8.9%24.3%8.9%20.6%
Call IV 25d36.1%27.6%48.9%37.1%27.6%
Put IV 25d42.7%35.7%54.7%43.7%38.9%
Bid-Ask Spread %89.6870.27114.35114.3593.84
Gamma HHI0.440.320.770.320.34
Net GEX-25.5K-323.9K126.4K91.7K-55.0K
Net DEX-2.5M-3.5M-761.8K-2.8M-1.6M
Net VEX-6.5K-10.0K-4.3K-6.0K-7.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio16.150.00252.750.340.08
Total Volume183.0512,0309013
Total OI2,144.751,0243,2671,1332,107

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$52.05$50.0044.9%12.9%24.0%19.7%41.1%6.6%-3.0%91.7K-2.8M-6.0K0.34114.35N/AN/A6723941192
2021-05-04$51.36$50.0031.8%9.1%24.7%6.0%41.5%0.7%12.3%89.6K-2.6M-5.9K0.07101.28N/AN/A604957194
2021-05-05$53.06$50.0026.3%7.5%25.6%0.2%21.2%5.9%1.4%105.0K-3.3M-5.4K0.0087.77N/AN/A590994194
2021-05-06$53.02$40.0027.7%8.8%25.6%1.7%32.2%11.0%5.0%108.3K-3.4M-5.6K0.1887.64N/AN/A60111,021194
2021-05-07$53.57$40.0033.9%10.2%25.6%8.2%37.0%4.7%4.5%113.7K-3.5M-5.9K0.5881.83N/AN/A36211,041197
2021-05-10$53.07$40.0033.9%9.0%26.0%8.2%33.5%13.2%3.4%123.6K-3.4M-5.7K0.0275.08N/AN/A4311,067203
2021-05-11$53.28$40.0035.1%9.5%25.5%9.5%35.1%14.9%6.7%126.4K-3.5M-6.1K252.7570.27N/AN/A82,0221,066202
2021-05-12$51.48$40.0043.0%12.3%28.3%17.7%35.5%18.4%-2.1%-282.7K-761.8K-10.0K1.0990.14N/AN/A11121,0692,196
2021-05-13$53.02$40.0044.8%12.8%29.9%19.5%49.2%-0.1%-5.2%-144.2K-2.0M-9.1K1.5087.18N/AN/A231,0602,198
2021-05-14$53.44$40.0035.9%10.3%28.8%10.3%37.6%10.3%4.1%-72.3K-2.6M-7.7K0.0077.79N/AN/A1801,0592,198
2021-05-17$53.36$40.0037.7%10.8%27.7%12.2%36.1%2.6%-2.6%-110.6K-2.8M-6.6K0.3084.96N/AN/A1031,0602,198
2021-05-18$52.62$40.0043.4%12.4%27.3%18.1%34.5%2.4%-11.6%-131.1K-2.5M-6.4K0.0085.32N/AN/A101,0602,196
2021-05-19$51.34$40.0041.9%12.0%28.5%16.6%0.0%5.7%-7.6%-269.4K-1.3M-6.9K1.0085.40N/AN/A111,0602,196
2021-05-20$51.44$40.0044.5%12.8%27.9%19.3%41.3%-2.1%-14.2%-323.9K-1.9M-6.1K0.5786.83N/AN/A40231,0592,195
2021-05-21$51.79$40.0028.3%8.1%26.8%2.3%27.8%0.2%12.6%82.0K-2.9M-4.3K0.5096.24N/AN/A1051,0502,217
2021-05-24$52.11$40.0041.0%11.7%26.8%15.6%34.7%13.2%-5.1%80.1K-2.6M-4.4K0.1296.26N/AN/A253845179
2021-05-25$50.93$40.0035.5%10.2%28.0%9.8%39.0%10.1%1.3%77.2K-2.3M-4.5K60.1294.91N/AN/A171,022867182
2021-05-26$51.53$50.0031.5%9.0%28.2%5.7%33.5%3.5%4.7%-63.4K-1.4M-7.9K3.67100.90N/AN/A3118811,204
2021-05-27$52.10$50.0035.1%10.1%28.3%9.4%35.5%-1.2%-0.3%-55.1K-1.6M-7.8K0.0095.60N/AN/A1208821,214
2021-05-28$51.94$50.0042.1%12.1%28.3%16.8%42.5%11.3%-15.4%-55.0K-1.6M-7.7K0.0893.84N/AN/A1218931,214