AVTR Options History — May 2020

In May 2020, AVTR traded between $16.82 and $19.11. ATM implied volatility averaged 51.5%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded below realized volatility by 13.7% (HV 20d: 65.2%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 4.41.

Notable Days

  • 2020-05-29: Highest Volume — 2,457 contracts
  • 2020-05-06: Largest IV spike — 49.9% change
  • 2020-05-08: Highest IV Rank — 25.8%
  • 2020-05-07: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.64$16.82$19.11$16.83$19.11
Max Pain$17.00$12.50$17.50$12.50$17.50
ATM IV51.5%39.8%60.4%50.5%43.2%
Expected Move14.9%12.4%17.7%14.5%12.4%
HV 20d65.2%46.9%71.2%71.2%46.9%
HV 60d106.8%105.9%107.8%107.8%107.7%
IV Rank20.1%12.6%25.8%19.5%14.8%
IV Percentile73.5%42.9%84.5%75.8%57.5%
Term Structure-4.1%-27.9%8.2%-5.5%1.8%
VWIV51.8%41.1%58.8%52.7%44.4%
Skew 25d11.8%2.5%28.4%13.0%11.8%
Skew 10d21.7%5.7%47.3%15.2%17.5%
Call IV 25d46.1%25.8%56.3%45.8%34.8%
Put IV 25d57.9%41.9%79.4%58.8%46.7%
Bid-Ask Spread %78.9335.9199.9564.8399.51
Gamma HHI0.500.300.810.300.62
Net GEX105.2K42.7K180.7K107.7K134.4K
Net DEX-4.8M-7.9M923.9K-5.5M-4.7M
Net VEX-21.9K-25.2K-19.4K-20.5K-24.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.410.0061.000.050.03
Total Volume625.4622,4571572,457
Total OI10,301.357,38211,82510,6289,087

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$16.83$12.5050.5%14.5%71.2%19.5%52.7%13.0%-5.5%107.7K-5.5M-20.5K0.0564.83N/AN/A14986,7023,926
2020-05-04$17.05$15.0056.9%14.1%71.1%23.6%51.3%2.5%1.4%113.5K-5.9M-19.8K0.8578.15N/AN/A1511286,6283,928
2020-05-05$16.93$15.0039.8%16.4%66.9%12.6%56.9%19.7%-5.3%112.1K-6.1M-19.4K13.7181.60N/AN/A425766,6253,999
2020-05-06$17.12$17.5059.7%16.3%66.6%25.3%56.2%11.8%-3.8%111.1K-5.7M-20.7K0.0235.91N/AN/A584136,6254,571
2020-05-07$17.14$17.5054.7%17.7%66.6%22.1%58.8%7.8%-14.1%118.8K-6.2M-21.6K5.5951.94N/AN/A271517,0674,560
2020-05-08$17.19$17.5060.4%15.2%64.5%25.8%55.9%28.4%-1.5%123.5K-5.9M-21.5K0.0150.54N/AN/A16217,1724,636
2020-05-11$18.10$17.5049.8%13.9%66.1%19.0%41.1%16.1%1.6%69.1K-7.9M-20.8K1.2470.00N/AN/A4014967,1534,636
2020-05-12$17.95$17.5048.5%16.0%66.3%18.2%53.3%9.2%-0.4%97.6K-6.9M-21.9K0.0094.20N/AN/A18107,0174,698
2020-05-13$17.41$17.5055.3%15.8%65.6%22.5%55.8%4.5%-1.2%102.5K-6.0M-21.9K0.7979.67N/AN/A98777,0104,698
2020-05-14$17.71$17.5054.9%15.7%65.3%22.3%54.8%8.1%-0.1%62.1K-6.6M-21.7K0.3993.04N/AN/A180707,0014,775
2020-05-15$17.88$17.5055.0%15.8%65.3%22.3%54.8%17.5%-23.4%66.1K-6.8M-22.1K2.6288.77N/AN/A912386,9894,836
2020-05-18$18.45$17.5048.8%14.0%65.2%18.4%42.8%6.4%-13.0%74.5K-3.0M-22.1K0.0493.46N/AN/A11154,3623,020
2020-05-19$17.31$17.5049.9%14.3%66.4%19.1%56.8%17.3%-0.8%48.9K-1.6M-20.9K61.0097.81N/AN/A1614,4653,024
2020-05-20$16.97$17.5054.1%15.5%63.7%21.8%53.9%23.5%-4.0%42.7K-1.1M-20.8K0.5288.65N/AN/A1,2686584,4663,087
2020-05-21$16.82$17.5050.8%14.6%63.7%19.6%50.8%4.9%-2.2%71.8K923.9K-22.9K0.4485.80N/AN/A7393235,5164,781
2020-05-22$17.87$17.5047.4%13.6%65.9%17.5%47.3%6.9%7.0%161.4K-1.6M-25.2K0.1064.13N/AN/A384376,4814,581
2020-05-26$18.06$17.5052.8%15.1%65.9%20.9%52.3%4.7%-27.9%160.8K-4.7M-24.2K0.3578.72N/AN/A79286,4063,097
2020-05-27$18.69$17.5050.2%14.4%65.4%19.3%50.6%9.3%0.5%180.7K-6.0M-23.9K0.0481.95N/AN/A1,042376,4593,088
2020-05-28$18.27$17.5046.6%13.3%65.4%16.9%45.6%12.6%8.2%144.5K-4.3M-22.1K0.3799.95N/AN/A1,0613935,7323,123
2020-05-29$19.11$17.5043.2%12.4%46.9%14.8%44.4%11.8%1.8%134.4K-4.7M-24.6K0.0399.51N/AN/A2,382755,5343,553