AVTR Options History — February 2020

In February 2020, AVTR traded between $15.58 and $19.21. ATM implied volatility averaged 36.5%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded below realized volatility by 2.7% (HV 20d: 39.2%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.85.

Notable Days

  • 2020-02-07: Highest Volume — 967 contracts
  • 2020-02-27: Largest IV spike — 23.6% change
  • 2020-02-28: Highest IV Rank — 35.6%
  • 2020-02-28: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.55$15.58$19.21$18.60$15.58
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV36.5%28.3%47.9%39.1%47.9%
Expected Move10.3%8.1%13.7%11.2%13.7%
HV 20d39.2%25.6%46.3%25.6%46.3%
HV 60d34.0%30.3%36.0%33.2%35.5%
IV Rank20.8%10.2%35.6%24.1%35.6%
IV Percentile27.2%4.0%73.8%32.5%73.8%
Term Structure0.2%-11.3%37.1%-0.3%8.8%
VWIV34.7%25.9%52.5%37.4%52.5%
Skew 25d5.2%-10.7%28.4%3.0%13.5%
Skew 10d7.8%-6.7%28.6%-3.0%28.6%
Call IV 25d31.4%19.9%46.7%35.9%46.7%
Put IV 25d36.6%25.2%60.2%38.9%60.2%
Bid-Ask Spread %89.8081.98110.0389.84110.03
Gamma HHI0.520.330.710.550.33
Net GEX185.2K-4.3K384.2K300.3K-4.3K
Net DEX-3.7M-8.4M377.9K-6.0M377.9K
Net VEX-16.4K-21.0K-13.1K-17.4K-13.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.850.0010.270.040.02
Total Volume30238967222520
Total OI12,107.9474,52715,65712,8005,156

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$18.60$17.5039.1%11.2%25.6%24.1%37.4%3.0%-0.3%300.3K-6.0M-17.4K0.0489.84N/AN/A21487,3575,443
2020-02-04$18.76$17.5043.1%12.4%25.7%29.4%44.6%-2.6%-10.2%303.1K-6.7M-19.0K0.0089.32N/AN/A50627,5395,686
2020-02-05$19.15$17.5041.8%12.0%25.9%27.6%42.0%3.5%-7.8%352.4K-8.1M-20.5K0.0481.98N/AN/A510228,0095,688
2020-02-06$19.21$17.5041.2%9.8%25.7%26.9%34.1%9.7%-2.7%384.2K-8.4M-21.0K0.0693.70N/AN/A578368,3845,688
2020-02-07$17.54$17.5035.6%9.4%40.7%19.6%30.5%3.5%-0.6%194.5K-3.1M-18.2K0.1185.81N/AN/A870978,8315,719
2020-02-10$17.05$17.5032.5%9.3%41.8%15.6%35.2%2.5%-0.9%162.2K-2.0M-17.3K0.4883.88N/AN/A44219,1885,750
2020-02-11$17.39$17.5034.5%9.2%42.6%18.1%33.6%2.5%-1.8%200.1K-3.2M-17.5K0.0986.36N/AN/A5559,2285,714
2020-02-12$17.80$17.5037.1%10.6%43.1%21.6%25.9%6.0%-10.2%234.9K-4.3M-17.6K0.0390.18N/AN/A427129,2395,713
2020-02-13$17.66$17.5029.1%8.3%41.2%11.1%29.0%5.6%1.5%243.3K-4.0M-17.2K6.2785.54N/AN/A11699,5875,711
2020-02-14$17.74$17.5028.3%8.1%39.7%10.2%28.4%-3.6%1.9%274.9K-4.4M-17.2K9.8286.65N/AN/A222169,5815,778
2020-02-18$17.53$17.5029.4%8.4%39.5%11.6%29.5%7.1%-1.3%263.7K-3.2M-15.9K1.3193.60N/AN/A62819,5965,982
2020-02-19$18.04$17.5029.2%8.4%41.2%11.3%28.4%0.6%3.5%172.2K-6.2M-15.1K0.3184.83N/AN/A261829,5965,997
2020-02-20$17.77$17.5031.1%8.9%41.4%13.8%31.1%8.1%0.4%353.9K-4.6M-15.3K1.9392.07N/AN/A41799,5945,981
2020-02-21$17.85$17.5033.3%9.5%41.4%16.6%33.3%-0.4%-0.3%44.2K-6.3M-14.3K1.0891.89N/AN/A1301419,6096,048
2020-02-24$16.95$17.5035.8%10.2%44.9%19.8%35.7%12.1%-3.7%10.6K-468.7K-13.6K0.5085.68N/AN/A48242,9451,582
2020-02-25$16.30$17.5040.3%11.5%46.2%25.7%39.1%10.3%37.1%6.6K-259.6K-13.3K2.4489.62N/AN/A621512,9871,587
2020-02-26$16.38$17.5037.6%10.8%45.6%22.2%0.0%-10.7%2.7%5.0K-101.7K-13.1K0.2786.08N/AN/A3083,0481,716
2020-02-27$16.17$17.5046.5%13.3%45.2%33.8%52.5%28.4%-11.3%17.3K-287.1K-13.8K10.2799.22N/AN/A262673,0781,716
2020-02-28$15.58$17.5047.9%13.7%46.3%35.6%0.0%13.5%8.8%-4.3K377.9K-13.6K0.02110.03N/AN/A510103,1022,054