AVTR Options History — April 2020

In April 2020, AVTR traded between $11.78 and $16.82. ATM implied volatility averaged 68.4%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded below realized volatility by 37.6% (HV 20d: 106.0%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.73.

Notable Days

  • 2020-04-30: Highest Volume — 2,894 contracts
  • 2020-04-09: Largest IV drop — 39.8% change
  • 2020-04-02: Highest IV Rank — 46.9%
  • 2020-04-02: Largest Expected Move — 28.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.61$11.78$16.82$11.78$16.82
Max Pain$12.62$12.50$15.00$15.00$12.50
ATM IV68.4%46.1%93.3%87.6%65.5%
Expected Move20.3%13.2%28.3%25.1%18.8%
HV 20d106.0%57.7%165.2%165.1%71.0%
HV 60d101.9%99.1%107.9%99.1%107.9%
IV Rank30.9%16.6%46.9%43.2%29.1%
IV Percentile89.0%65.5%96.4%95.2%88.1%
Term Structure-9.0%-43.5%21.1%5.3%-3.4%
VWIV63.5%39.1%84.5%84.5%58.2%
Skew 25d20.9%-4.7%70.5%10.4%-4.7%
Skew 10d35.7%-3.6%77.2%22.3%4.9%
Call IV 25d61.7%42.5%77.8%77.8%62.7%
Put IV 25d82.5%58.0%145.9%88.2%58.0%
Bid-Ask Spread %90.3579.35118.35118.3585.70
Gamma HHI0.390.320.520.360.44
Net GEX13.6K-24.0K64.9K-13.4K64.9K
Net DEX-781.0K-4.8M1.1M719.1K-4.8M
Net VEX-14.8K-16.5K-12.2K-13.0K-16.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.007.503.770.10
Total Volume452.14302,8941242,894
Total OI6,888.8575,3088,5855,3088,585

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$11.78$15.0087.6%25.1%165.1%43.2%0.0%10.4%5.3%-13.4K719.1K-13.0K3.77118.35N/AN/A26982,3023,006
2020-04-02$11.99$12.5093.3%28.3%165.1%46.9%0.0%70.5%-23.1%-13.8K754.1K-13.4K0.0094.12N/AN/A002,3083,078
2020-04-03$12.03$12.5066.4%24.5%165.2%29.6%84.5%21.6%-22.3%-18.5K1.1M-12.2K0.0082.76N/AN/A502,3083,078
2020-04-06$13.09$12.5061.2%22.5%158.6%26.3%51.2%45.7%-43.5%-24.0K735.5K-13.1K0.1095.02N/AN/A210212,3073,080
2020-04-07$13.01$12.5077.2%24.8%157.2%36.6%62.6%33.1%-42.1%-20.4K626.0K-13.4K0.0686.51N/AN/A630362,4683,078
2020-04-08$13.07$12.5084.7%24.3%156.0%41.4%69.0%27.4%-32.4%-7.4K437.0K-14.2K0.6085.47N/AN/A1062,9753,114
2020-04-09$13.86$12.5050.9%14.6%142.1%19.8%39.1%30.9%21.1%-9.2K33.7K-15.2K0.0094.70N/AN/A64102,9853,119
2020-04-13$13.90$12.5065.8%18.9%140.6%29.2%64.1%19.9%-3.3%2.8K-314.2K-15.6K0.0084.81N/AN/A203,3923,129
2020-04-14$14.24$12.5067.2%19.3%134.5%30.2%75.8%10.8%-4.2%8.8K-670.8K-15.8K0.0183.38N/AN/A702103,6073,129
2020-04-15$13.70$12.5082.1%23.5%134.4%39.7%76.9%19.5%-23.5%11.3K-1.1M-15.6K0.0694.14N/AN/A339214,1933,139
2020-04-16$13.64$12.5073.8%21.2%102.5%34.4%63.1%19.5%-2.7%10.4K-947.5K-14.8K0.1190.72N/AN/A243274,4253,144
2020-04-17$13.70$12.5075.7%21.7%59.6%35.6%58.4%18.6%-12.0%19.1K-1.2M-15.3K0.0095.09N/AN/A32504,5793,139
2020-04-20$13.63$12.5063.2%18.1%60.0%27.6%59.5%7.9%16.0%25.5K-1.3M-15.6K0.0094.48N/AN/A13304,4912,983
2020-04-21$12.89$12.5075.6%21.7%62.7%35.5%75.1%5.3%-8.3%14.1K-604.2K-14.0K0.0880.94N/AN/A246204,4882,983
2020-04-22$13.86$12.5063.7%18.3%59.1%27.9%59.4%15.4%-0.5%29.9K-1.7M-16.0K0.3293.53N/AN/A31104,6032,994
2020-04-23$13.72$12.5066.0%18.9%59.5%29.4%62.6%21.2%-0.2%28.7K-1.5M-15.5K7.5097.51N/AN/A201504,5973,004
2020-04-24$14.11$12.5062.0%17.8%58.9%26.8%70.9%7.4%-2.9%35.1K-1.7M-15.7K0.9486.53N/AN/A17164,5943,154
2020-04-27$14.20$12.5054.2%15.5%57.7%21.8%55.4%13.0%0.4%41.5K-1.6M-15.1K0.4286.66N/AN/A24104,5913,160
2020-04-28$13.95$12.5046.1%13.2%58.1%16.6%62.1%13.3%2.7%37.3K-1.1M-14.5K0.1087.57N/AN/A604604,4333,158
2020-04-29$14.64$12.5054.5%15.6%58.7%22.1%59.3%32.3%-9.9%63.0K-2.1M-16.1K0.3979.35N/AN/A1,3705384,5493,217
2020-04-30$16.82$12.5065.5%18.8%71.0%29.1%58.2%-4.7%-3.4%64.9K-4.8M-16.5K0.1085.70N/AN/A2,6342604,8493,736