AVNT Options History — May 2023

In May 2023, AVNT traded between $36.59 and $39.58. ATM implied volatility averaged 41.4%, placing in the 8.9% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 14.6% (HV 20d: 26.8%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 10.18.

Notable Days

  • 2023-05-01: Highest Volume — 162 contracts
  • 2023-05-10: Largest IV drop — 43.2% change
  • 2023-05-09: Highest IV Rank — 17.7%
  • 2023-05-03: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.44$36.59$39.58$38.56$36.59
Max Pain$35.68$35.00$40.00$40.00$35.00
ATM IV41.4%31.6%55.6%40.6%38.1%
Expected Move11.4%9.1%15.3%11.7%10.9%
HV 20d26.8%23.8%30.0%25.7%25.7%
HV 60d33.3%30.5%37.1%36.8%30.5%
IV Rank8.9%2.7%17.7%8.4%6.8%
IV Percentile25.6%0.8%65.5%19.4%14.7%
Term Structure0.4%-19.9%17.4%13.7%5.3%
VWIV46.5%36.8%61.5%39.2%48.8%
Skew 25d6.9%-38.3%39.7%20.7%8.3%
Skew 10d10.4%-54.2%53.0%19.1%53.0%
Call IV 25d42.6%28.1%76.2%36.3%39.8%
Put IV 25d49.5%31.4%82.3%57.0%48.0%
Bid-Ask Spread %110.9296.20127.7296.20127.69
Gamma HHI0.550.320.900.370.48
Net GEX31.9K-3.3K110.1K1.6K-3.3K
Net DEX-270.3K-644.9K-19.3K-96.1K-33.7K
Net VEX-1.4K-2.2K-812-1.3K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.180.00103.000.170.00
Total Volume21.27301621625
Total OI656.773337864421412

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$38.56$40.0040.6%11.7%25.7%8.4%39.2%20.7%13.7%1.6K-96.1K-1.3K0.1796.20N/AN/A13824162259
2023-05-02$38.03$40.0048.0%13.8%25.9%13.0%61.5%13.1%15.9%31.0K-371.3K-2.2K0.00100.66N/AN/A04426283
2023-05-03$37.88$40.0053.4%15.3%23.9%16.4%54.7%-17.3%-19.3%25.0K-333.0K-2.0K3.00116.95N/AN/A26426285
2023-05-04$37.09$35.0052.4%10.5%24.8%15.7%52.8%4.1%17.4%16.8K-131.0K-1.7K17.0098.15N/AN/A117426281
2023-05-05$38.40$35.0036.2%10.7%28.0%5.6%46.5%-1.1%6.7%53.6K-442.2K-1.8K103.00101.04N/AN/A1103425294
2023-05-08$38.70$35.0041.8%12.6%28.0%9.1%44.2%16.0%-6.0%56.1K-446.7K-1.9K4.88102.00N/AN/A839425397
2023-05-09$38.09$35.0055.6%9.2%27.7%17.7%36.8%23.7%3.6%41.7K-254.9K-2.0K0.00102.52N/AN/A180425434
2023-05-10$38.57$35.0031.6%9.1%28.0%2.7%0.0%8.9%4.0%99.8K-418.0K-1.7K0.00106.80N/AN/A00411434
2023-05-11$38.52$35.0036.3%10.4%27.6%5.7%0.0%-0.2%-0.2%82.1K-370.8K-1.7K0.00112.34N/AN/A00411434
2023-05-12$38.50$35.0031.8%9.1%27.4%2.8%0.0%5.7%1.1%35.2K-339.3K-1.7K0.00118.54N/AN/A20411434
2023-05-15$39.39$35.0038.7%11.1%28.6%7.2%0.0%18.9%-3.1%110.1K-468.8K-1.3K0.20106.58N/AN/A51411434
2023-05-16$38.80$35.0036.4%10.4%29.0%5.7%36.8%15.9%-5.5%45.8K-617.2K-1.3K0.00102.04N/AN/A170416433
2023-05-17$39.58$35.0032.7%9.4%30.0%3.4%0.0%7.3%-2.5%52.1K-644.9K-1.3K0.00103.69N/AN/A00432432
2023-05-18$39.56$35.0039.1%11.2%28.8%7.4%0.0%28.3%15.3%60.5K-628.8K-1.2K0.00111.00N/AN/A00432432
2023-05-19$39.11$35.0035.9%10.3%29.0%5.4%0.0%-0.9%1.5%-945-43.2K-8120.10107.03N/AN/A101432432
2023-05-22$39.39$35.0037.2%10.7%29.0%6.2%44.1%1.6%-5.4%693-74.3K-8460.00111.23N/AN/A030103234
2023-05-23$39.06$35.0043.3%12.4%24.6%10.0%0.0%-38.3%1.0%-356-48.5K-9290.00115.10N/AN/A00103263
2023-05-24$38.45$35.0043.6%12.5%24.7%10.2%0.0%39.7%7.5%-2.7K-23.1K-9250.00125.22N/AN/A00103263
2023-05-25$37.80$35.0044.9%12.9%24.9%11.0%0.0%-4.7%-10.1%-2.9K-19.3K-1.0K0.00126.35N/AN/A310115263
2023-05-26$37.97$35.0050.9%14.6%23.8%14.8%48.8%4.5%-12.3%557-72.9K-1.3K4.00121.47N/AN/A14146263
2023-05-30$37.70$35.0042.4%12.2%23.9%9.5%0.0%-3.3%-19.9%-61-69.4K-1.2K0.00127.72N/AN/A00147265
2023-05-31$36.59$35.0038.1%10.9%25.7%6.8%0.0%8.3%5.3%-3.3K-33.7K-1.1K0.00127.69N/AN/A50147265