DIA Options History — April 2024

In April 2024, DIA traded between $377.40 and $395.26. ATM implied volatility averaged 12.8%, placing in the 49.2% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 1.6% (HV 20d: 11.1%). Max pain ranged from $385.00 to $395.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.28.

Notable Days

  • 2024-04-12: Highest Volume — 83,804 contracts
  • 2024-04-04: Largest IV spike — 17.9% change
  • 2024-04-15: Highest IV Rank — 88.5%
  • 2024-04-15: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$384.08$377.40$395.26$395.26$379.25
Max Pain$387.73$385.00$395.00$390.00$385.00
ATM IV12.8%10.8%15.6%10.8%12.4%
Expected Move3.7%3.0%4.5%3.0%3.9%
HV 20d11.1%9.6%12.2%10.1%11.3%
HV 60d10.2%9.3%10.7%9.3%10.6%
IV Rank49.2%21.5%88.5%21.5%44.7%
IV Percentile73.2%42.1%98.0%42.1%71.4%
Term Structure-0.1%-0.8%0.5%-0.4%-0.1%
VWIV12.8%10.6%15.0%10.6%13.0%
Skew 25d2.9%2.0%4.2%2.0%2.4%
Skew 10d6.2%4.4%9.0%5.0%4.7%
Call IV 25d11.5%10.1%13.1%10.1%11.2%
Put IV 25d14.3%12.1%17.3%12.1%13.6%
Bid-Ask Spread %14.377.0363.168.769.46
Gamma HHI0.050.040.130.050.04
Net GEX-26.7M-208.6M123.1M21.5M-36.5M
Net DEX-1.09B-2.16B-20.6M-2.16B-747.7M
Net VEX-18.8M-20.2M-17.4M-17.8M-17.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.761.780.761.24
Total Volume42,761.36416,76183,80433,31128,039
Total OI445,888.182406,441494,136406,441438,821

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$395.26$390.0010.8%3.0%10.1%21.5%10.6%2.0%-0.4%21.5M-2.16B-17.8M0.768.7618,98114,330161,370245,071
2024-04-02$391.67$390.0011.4%3.2%10.6%30.1%11.1%2.3%0.0%10.6M-1.59B-18.7M0.858.4423,73920,093170,824248,030
2024-04-03$391.40$390.0011.5%3.2%9.6%31.0%11.6%2.3%-0.1%3.7M-1.72B-17.8M1.249.7610,04412,459175,162248,435
2024-04-04$386.16$395.0013.5%3.8%10.7%59.9%12.8%2.5%-0.0%-69.5M-834.1M-18.9M1.0063.1623,90423,918177,302251,001
2024-04-05$389.10$395.0012.4%3.5%11.0%43.6%12.5%2.6%-0.4%-35.5M-1.41B-18.6M1.3160.8922,91830,002187,479251,494
2024-04-08$389.13$390.0011.8%3.5%11.0%35.6%11.9%2.3%0.5%24.4M-1.59B-18.7M1.2310.837,5129,249176,558253,012
2024-04-09$387.86$390.0012.3%3.5%11.0%43.2%12.3%3.5%-0.2%-32.5M-1.32B-18.8M1.339.7711,64015,523178,412257,055
2024-04-10$384.59$390.0012.6%3.7%11.2%47.3%12.6%2.8%0.2%-94.2M-819.1M-19.0M1.4912.6922,18733,124185,157257,427
2024-04-11$385.56$390.0012.3%3.6%11.2%42.0%13.2%2.7%0.3%-55.3M-1.20B-18.8M0.808.4532,37125,910193,168257,009
2024-04-12$379.77$390.0014.2%4.1%12.2%68.6%13.5%4.0%0.0%-208.6M-20.6M-19.9M1.0213.5441,57242,232202,614265,379
2024-04-15$377.40$385.0015.6%4.5%12.2%88.5%14.6%4.2%-0.8%-76.1M-209.9M-20.0M1.269.9321,35427,006200,893259,306
2024-04-16$378.90$385.0014.2%4.1%12.2%69.8%15.0%3.8%-0.2%-79.9M-462.2M-19.7M1.5310.7127,46241,920204,107261,811
2024-04-17$377.80$385.0014.0%4.0%11.9%66.6%13.7%3.9%0.0%-97.9M-288.6M-19.8M1.3510.4714,44119,566215,670268,189
2024-04-18$378.19$385.0013.7%3.9%11.1%62.4%13.6%3.5%0.1%-95.4M-348.9M-19.6M1.229.7521,71326,562217,976268,617
2024-04-19$379.28$385.0014.5%4.2%10.6%73.5%14.3%3.7%0.0%-108.9M-541.5M-20.2M1.6310.4219,21131,263223,953270,183
2024-04-22$382.43$385.0013.2%3.8%11.0%54.8%13.2%2.9%-0.3%36.2M-1.35B-18.9M1.648.3413,79722,636191,251236,163
2024-04-23$384.94$385.0012.4%3.6%11.3%43.7%12.0%2.3%-0.2%102.1M-1.74B-18.2M1.327.0317,89523,547192,321238,699
2024-04-24$384.78$385.0012.2%3.6%11.3%40.5%12.5%2.2%-0.2%123.1M-1.73B-18.5M1.518.979,22613,961202,059239,685
2024-04-25$380.54$385.0012.5%3.7%11.0%45.9%12.9%2.4%-0.2%-41.7M-964.7M-17.7M1.088.7129,71231,984205,335242,325
2024-04-26$382.56$385.0011.7%3.5%11.2%34.3%12.3%2.2%-0.1%36.3M-1.54B-17.5M1.517.7813,60120,488214,580245,096
2024-04-29$383.27$385.0011.8%3.6%11.1%35.2%12.0%2.4%0.1%87.6M-1.51B-17.4M1.788.158,50415,154200,176230,365
2024-04-30$379.25$385.0012.4%3.9%11.3%44.7%13.0%2.4%-0.1%-36.5M-747.7M-17.9M1.249.4612,52115,518201,766237,055