AVNT Options History — March 2023

In March 2023, AVNT traded between $37.52 and $44.41. ATM implied volatility averaged 55.3%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 13.2% (HV 20d: 42.1%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 0.73.

Notable Days

  • 2023-03-31: Highest Volume — 36 contracts
  • 2023-03-13: Largest IV spike — 108.3% change
  • 2023-03-13: Highest IV Rank — 47.6%
  • 2023-03-31: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.21$37.52$44.41$43.82$40.97
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV55.3%35.6%103.3%37.2%67.6%
Expected Move14.1%10.1%19.4%10.7%19.4%
HV 20d42.1%39.9%48.9%43.0%41.7%
HV 60d38.8%36.5%40.8%37.5%37.7%
IV Rank17.5%5.2%47.6%6.2%25.2%
IV Percentile57.7%6.3%97.6%8.7%84.9%
Term Structure-9.7%-27.8%9.1%9.1%-23.6%
VWIV58.0%38.2%80.2%80.2%38.2%
Skew 25d5.4%-25.6%29.8%24.7%29.6%
Skew 10d0.1%-36.9%37.9%37.9%-13.3%
Call IV 25d60.0%34.2%80.0%34.2%57.4%
Put IV 25d65.4%42.9%101.9%58.9%87.0%
Bid-Ask Spread %108.7692.05122.55108.02114.85
Gamma HHI0.370.210.490.380.42
Net GEX6.7K-1.0K11.8K7.1K9.2K
Net DEX-256.3K-593.9K44.8K-536.3K-256.7K
Net VEX-1.1K-1.3K-746-951-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.005.000.330.00
Total Volume7.087036436
Total OI324.783223403376247

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$43.82$35.0037.2%10.7%43.0%6.2%80.2%24.7%9.1%7.1K-536.3K-9510.33108.02N/AN/A31172204
2023-03-02$44.02$35.0046.9%13.5%42.0%12.3%0.0%29.8%0.0%5.7K-593.9K-7460.00105.81N/AN/A00175205
2023-03-03$44.41$35.0048.9%14.0%41.8%13.6%53.5%-25.6%-9.6%6.9K-564.3K-9175.0092.05N/AN/A210175205
2023-03-06$42.69$35.0052.5%14.0%43.4%15.8%0.0%-15.0%-24.5%8.3K-493.2K-9340.00101.15N/AN/A00177215
2023-03-07$41.97$35.0038.1%12.5%43.0%6.8%0.0%-3.2%-3.7%5.4K-448.1K-1.0K0.0095.76N/AN/A20177215
2023-03-08$42.03$35.0057.3%10.1%43.0%18.8%0.0%-4.8%4.5%11.8K-463.4K-1.0K0.00100.32N/AN/A010178215
2023-03-09$40.87$35.0057.2%13.0%43.7%18.7%0.0%-1.9%-7.7%9.3K-389.4K-1.1K0.00119.91N/AN/A00178225
2023-03-10$39.44$35.0049.6%12.2%43.1%14.0%0.0%-9.3%0.7%5.6K-293.6K-1.1K0.00110.30N/AN/A011178225
2023-03-13$38.62$35.00103.3%15.6%43.7%47.6%0.0%9.2%-12.2%-1.0K-32.8K-9370.04116.24N/AN/A241133230
2023-03-14$39.73$35.0091.6%12.4%44.2%40.2%60.2%13.8%-4.8%3.6K-160.7K-1.1K3.33112.28N/AN/A310152229
2023-03-15$37.52$35.0066.0%18.9%48.9%24.2%0.0%0.2%-18.1%2.2K44.8K-1.0K0.00107.51N/AN/A00155239
2023-03-16$38.98$35.0043.1%12.3%40.0%9.9%0.0%5.9%1.9%10.2K-56.3K-1.0K0.00117.81N/AN/A00155239
2023-03-17$37.87$35.0050.6%14.5%41.0%14.6%0.0%27.0%-4.1%2.4K39.0K-1.0K0.00114.56N/AN/A260155239
2023-03-20$38.64$35.0055.7%16.0%40.9%17.8%0.0%6.0%-12.2%5.2K-138.4K-1.2K0.00108.77N/AN/A200117106
2023-03-21$39.41$35.0035.6%10.2%40.2%5.2%0.0%25.0%-1.1%7.4K-189.0K-1.3K0.00102.21N/AN/A00137106
2023-03-22$38.50$35.0047.0%13.5%40.7%12.3%0.0%-15.6%-6.1%7.9K-184.6K-1.2K0.00110.72N/AN/A00137106
2023-03-23$38.10$35.0054.2%15.5%40.4%16.8%0.0%-4.2%-19.7%6.7K-157.4K-1.3K0.00103.36N/AN/A10137106
2023-03-24$38.56$35.0049.8%14.3%40.6%14.1%0.0%4.6%-19.0%8.1K-181.8K-1.2K0.00104.38N/AN/A00138106
2023-03-27$38.89$35.0035.6%10.2%40.2%5.2%0.0%-2.3%-2.9%8.2K-184.0K-1.2K0.00106.54N/AN/A10138106
2023-03-28$39.28$35.0058.3%16.7%39.9%19.4%0.0%24.7%-27.8%7.7K-188.1K-1.2K0.00110.94N/AN/A10139106
2023-03-29$40.24$35.0061.3%17.6%41.2%21.3%0.0%0.9%-17.2%8.5K-224.5K-1.2K0.00122.55N/AN/A10140106
2023-03-30$40.22$35.0063.6%18.2%41.1%22.7%0.0%5.7%-24.5%8.7K-243.1K-1.3K0.00115.46N/AN/A00141106
2023-03-31$40.97$35.0067.6%19.4%41.7%25.2%38.2%29.6%-23.6%9.2K-256.7K-1.2K0.00114.85N/AN/A360141106