AVTR Options History — May 2023

In May 2023, AVTR traded between $19.74 and $21.05. ATM implied volatility averaged 35.9%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded below realized volatility by 2.2% (HV 20d: 38.1%). Max pain ranged from $20.00 to $22.50. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-05-17: Highest Volume — 3,093 contracts
  • 2023-05-05: Largest IV drop — 20.0% change
  • 2023-05-04: Highest IV Rank — 36.8%
  • 2023-05-04: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.40$19.74$21.05$20.27$19.94
Max Pain$20.23$20.00$22.50$22.50$20.00
ATM IV35.9%32.6%40.7%36.3%35.8%
Expected Move10.3%9.8%11.1%10.4%10.3%
HV 20d38.1%21.9%46.3%44.9%23.3%
HV 60d35.6%34.9%38.8%38.8%35.9%
IV Rank23.3%13.8%36.8%24.5%23.1%
IV Percentile35.6%12.3%69.4%38.5%37.3%
Term Structure0.6%-3.6%4.9%-0.1%-2.7%
VWIV35.4%31.1%39.9%35.4%35.7%
Skew 25d2.7%-3.3%11.3%-3.3%2.3%
Skew 10d5.8%-13.3%18.3%-7.1%3.2%
Call IV 25d33.9%28.0%36.7%35.3%28.0%
Put IV 25d36.6%30.3%42.8%32.0%30.3%
Bid-Ask Spread %68.9927.6894.6749.1753.10
Gamma HHI0.400.360.500.360.38
Net GEX166.8K-84.6K419.8K23.8K140.0K
Net DEX-3.5M-7.3M862.5K-1.3M-3.2M
Net VEX-48.7K-54.9K-43.1K-51.6K-43.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.002.550.140.12
Total Volume449.90943,093204227
Total OI31,178.04523,88936,38032,30224,972

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$20.27$22.5036.3%10.4%44.9%24.5%35.4%-3.3%-0.1%23.8K-1.3M-51.6K0.1449.17N/AN/A1792521,17911,123
2023-05-02$19.74$22.5037.6%10.8%45.6%28.0%37.8%11.3%-1.0%-84.6K862.5K-48.3K0.0481.80N/AN/A8183521,33511,143
2023-05-03$20.13$20.0036.9%10.6%46.3%26.0%39.9%2.2%-0.3%44.2K-1.5M-54.1K1.0088.95N/AN/A121222,36411,143
2023-05-04$20.24$20.0040.7%11.1%46.3%36.8%37.0%5.0%0.5%77.3K-1.8M-54.9K0.0827.68N/AN/A13122,36311,152
2023-05-05$20.11$20.0032.6%10.4%46.3%13.8%37.0%4.9%2.3%-17.1K-933.5K-50.5K0.9376.31N/AN/A464322,37411,152
2023-05-08$20.14$20.0037.9%10.9%45.9%29.0%38.0%7.0%0.9%6.8K-1.3M-50.0K0.9374.00N/AN/A423922,39211,154
2023-05-09$20.48$20.0037.4%10.6%44.8%27.4%36.8%3.3%3.4%123.5K-3.0M-49.9K0.0773.75N/AN/A1,62310622,41111,157
2023-05-10$20.57$20.0035.5%10.2%44.6%22.2%35.1%3.6%3.0%213.1K-3.9M-49.9K0.0180.49N/AN/A350223,88211,257
2023-05-11$20.38$20.0035.5%10.2%44.4%22.1%36.4%3.3%3.0%110.3K-2.7M-48.9K0.3385.02N/AN/A3123,92111,256
2023-05-12$20.27$20.0035.7%10.2%41.4%22.7%34.6%5.3%3.7%63.3K-2.3M-46.2K0.0067.47N/AN/A5023,92211,257
2023-05-15$20.37$20.0034.2%9.8%40.3%18.4%31.7%4.1%2.8%104.0K-2.9M-45.6K2.5545.61N/AN/A6616823,92011,253
2023-05-16$20.05$20.0035.2%10.1%38.8%21.4%35.2%4.7%1.7%-5.7K-1.4M-43.8K0.7254.09N/AN/A251823,94811,329
2023-05-17$20.26$20.0034.1%9.8%38.8%18.3%34.1%1.3%3.4%60.8K-2.3M-44.2K0.0133.36N/AN/A3,0692423,95711,333
2023-05-18$20.88$20.0034.6%9.9%37.2%19.8%33.7%-1.0%4.9%302.1K-6.0M-49.1K0.1240.94N/AN/A1,07412924,00911,328
2023-05-19$21.05$20.0036.1%10.3%37.1%23.8%33.1%2.5%-3.6%409.6K-7.3M-50.0K0.1383.78N/AN/A3965324,96011,420
2023-05-22$20.82$20.0035.1%10.1%37.4%21.1%31.1%-0.6%-1.7%368.7K-6.4M-49.8K0.0970.29N/AN/A1261112,88311,006
2023-05-23$20.91$20.0036.8%10.5%28.2%25.8%36.7%-0.4%-3.4%374.4K-7.0M-52.2K0.2880.23N/AN/A1343712,96311,016
2023-05-24$20.51$20.0035.9%10.3%29.1%23.2%35.3%-2.1%-1.9%279.9K-5.1M-48.1K0.1787.27N/AN/A1362313,10511,053
2023-05-25$20.41$20.0035.1%10.1%29.2%21.0%35.1%-2.6%-0.2%275.9K-4.7M-46.4K0.0284.98N/AN/A363913,22611,070
2023-05-26$20.66$20.0035.8%10.3%26.0%23.1%36.5%2.0%-0.6%378.6K-6.3M-49.2K0.0284.72N/AN/A95213,51911,069
2023-05-30$20.64$20.0035.4%10.1%21.9%21.8%33.9%6.5%-0.6%419.8K-6.2M-45.0K0.3994.67N/AN/A25810013,57111,070
2023-05-31$19.94$20.0035.8%10.3%23.3%23.1%35.7%2.3%-2.7%140.0K-3.2M-43.1K0.1253.10N/AN/A2032413,80411,168