DIA Options History — March 2024

In March 2024, DIA traded between $385.50 and $398.13. ATM implied volatility averaged 10.3%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 3.0%. IV traded above realized volatility by 0.5% (HV 20d: 9.8%). Max pain ranged from $376.00 to $390.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.15.

Notable Days

  • 2024-03-14: Highest Volume — 78,260 contracts
  • 2024-03-14: Largest IV spike — 8.9% change
  • 2024-03-05: Highest IV Rank — 15.3%
  • 2024-03-06: Largest Expected Move — 3.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$391.30$385.50$398.13$391.43$398.12
Max Pain$385.80$376.00$390.00$376.00$390.00
ATM IV10.3%9.8%11.0%10.1%9.8%
Expected Move3.0%2.7%3.2%3.0%2.8%
HV 20d9.8%8.6%11.0%10.2%9.8%
HV 60d8.8%8.4%9.2%8.4%9.2%
IV Rank9.1%5.0%15.3%7.1%6.8%
IV Percentile17.8%4.0%42.5%9.1%6.0%
Term Structure0.2%-0.4%1.0%-0.1%0.9%
VWIV10.8%9.9%12.2%10.7%10.1%
Skew 25d1.6%0.1%2.3%1.3%1.9%
Skew 10d3.7%0.7%6.9%3.0%4.2%
Call IV 25d9.8%9.0%11.4%9.8%9.1%
Put IV 25d11.3%10.6%12.4%11.2%10.9%
Bid-Ask Spread %57.199.1482.429.5439.22
Gamma HHI0.080.050.150.080.12
Net GEX136.0M-230.2M282.0M181.8M282.0M
Net DEX-2.77B-3.61B-1.57B-3.61B-3.10B
Net VEX-17.4M-18.5M-15.8M-18.2M-17.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.362.000.881.28
Total Volume36,337.614,26478,26054,15445,250
Total OI460,182.45380,284521,777521,777435,676

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$391.43$376.0010.1%3.0%10.2%7.1%10.7%1.3%-0.1%181.8M-3.61B-18.2M0.889.5428,82425,330213,001308,776
2024-03-04$390.30$385.0010.4%3.0%10.2%9.7%10.7%1.4%0.1%186.6M-3.23B-17.8M1.2375.379,93112,183193,771296,757
2024-03-05$385.50$385.0011.0%3.2%10.9%15.3%11.2%1.2%1.0%6.0M-2.24B-18.3M0.7674.0925,60519,468196,155299,403
2024-03-06$387.15$385.0010.8%3.2%11.0%13.3%11.7%1.1%-0.1%106.1M-2.74B-18.0M1.7679.4610,56718,632206,711298,892
2024-03-07$388.73$385.0010.5%3.1%10.9%11.0%12.2%0.1%-0.4%145.8M-2.97B-17.9M0.8180.7715,39612,483209,403303,093
2024-03-08$388.30$385.0010.9%3.1%10.9%14.1%11.1%1.8%0.2%118.9M-2.87B-18.5M1.0481.2018,15418,815214,217304,928
2024-03-11$388.57$385.0010.7%3.1%10.8%12.1%11.6%1.7%0.4%124.5M-2.85B-17.8M2.0079.507,37914,770198,797293,692
2024-03-12$390.92$385.0010.1%3.0%10.9%6.8%10.9%1.8%0.5%240.5M-3.39B-16.7M1.1482.4212,60714,407199,434296,448
2024-03-13$391.20$385.009.8%2.9%9.0%5.0%10.8%1.5%0.4%240.1M-3.38B-17.3M1.2481.4410,30312,766201,786299,299
2024-03-14$388.78$385.0010.7%3.0%9.2%13.0%11.7%1.9%-0.1%58.2M-2.81B-17.1M0.3681.3957,65020,610203,813303,144
2024-03-15$386.73$385.0010.5%3.1%8.7%10.9%10.6%1.7%0.4%-230.2M-1.57B-17.4M0.9075.3617,92916,208180,771306,423
2024-03-18$388.34$385.0010.4%3.0%8.7%9.8%10.5%2.1%0.0%92.8M-1.97B-17.0M1.0751.996,8767,388153,906226,378
2024-03-19$390.68$385.0010.3%2.9%8.9%8.8%10.7%2.3%0.0%146.8M-2.27B-16.9M1.9553.909,66518,832156,773229,675
2024-03-20$394.68$385.009.8%2.8%9.5%5.2%10.4%1.8%0.1%254.8M-2.96B-15.8M1.2956.0120,58026,593159,771237,874
2024-03-21$398.13$385.009.9%2.8%8.6%6.1%10.0%1.4%0.2%251.3M-3.35B-15.9M1.0856.6924,40226,366161,171247,185
2024-03-22$395.11$390.009.8%2.8%9.1%5.1%10.1%1.5%0.2%229.1M-2.61B-16.9M1.2857.4319,57324,991166,627258,471
2024-03-25$393.08$390.0010.2%2.9%9.3%9.2%11.0%1.7%0.4%33.7M-2.21B-17.4M0.829.1419,71216,081158,346245,436
2024-03-26$393.07$390.009.9%2.8%9.1%7.2%9.9%1.6%0.4%74.6M-2.36B-17.3M0.879.6812,59010,948168,348247,088
2024-03-27$397.08$390.009.8%2.7%9.8%6.1%10.1%1.7%0.4%177.3M-2.96B-17.6M1.259.1516,43120,457171,606250,604
2024-03-28$398.12$390.009.8%2.8%9.8%6.8%10.1%1.9%0.9%282.0M-3.10B-17.6M1.2839.2219,85925,391175,293260,383