DIA Options History — August 2024

In August 2024, DIA traded between $386.11 and $415.02. ATM implied volatility averaged 13.7%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded below realized volatility by 4.1% (HV 20d: 17.8%). Max pain ranged from $397.00 to $400.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.37.

Notable Days

  • 2024-08-02: Highest Volume — 107,332 contracts
  • 2024-08-05: Largest IV spike — 42.8% change
  • 2024-08-02: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$403.12$386.11$415.02$402.29$415.02
Max Pain$399.14$397.00$400.00$400.00$400.00
ATM IV13.7%10.7%23.8%14.4%10.7%
Expected Move4.0%3.2%6.7%4.4%3.3%
HV 20d17.8%14.1%19.4%14.1%15.1%
HV 60d12.8%10.6%13.5%10.6%12.8%
IV Rank35.1%10.8%100.0%77.4%10.8%
IV Percentile78.4%44.8%100.0%94.4%44.8%
Term Structure-0.2%-1.1%0.5%-0.2%0.4%
VWIV14.3%11.8%24.3%15.1%12.0%
Skew 25d4.0%2.5%11.3%3.1%3.5%
Skew 10d8.8%4.8%23.6%6.1%9.0%
Call IV 25d11.9%9.5%17.8%13.0%9.5%
Put IV 25d15.9%12.6%29.1%16.2%13.1%
Bid-Ask Spread %10.805.4946.355.925.49
Gamma HHI0.050.030.130.040.05
Net GEX149.4M-276.7M584.1M-98.3M306.2M
Net DEX-2.13B-4.24B1.73B-1.31B-4.00B
Net VEX-19.0M-21.2M-17.7M-18.4M-17.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.370.572.221.231.34
Total Volume52,361.22724,825107,33289,22461,318
Total OI545,356.591491,983611,768547,609549,961

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$402.29$400.0014.4%4.4%14.1%77.4%15.1%3.1%-0.2%-98.3M-1.31B-18.4M1.235.9239,99749,227205,417342,192
2024-08-02$396.36$400.0016.7%5.1%15.2%100.0%17.8%6.1%-1.1%-276.7M395.9M-19.4M1.6440.3340,59466,738220,661348,876
2024-08-05$386.11$400.0023.8%6.7%17.9%100.0%24.3%11.3%-0.2%-209.8M1.73B-21.2M2.2246.3524,83055,128212,368325,343
2024-08-06$392.09$398.0017.4%4.9%18.8%56.6%18.1%6.2%-0.1%-148.3M367.6M-20.1M1.479.1018,41927,130221,379328,729
2024-08-07$388.94$398.0017.9%5.1%18.7%59.8%17.2%5.0%-0.1%-206.4M923.0M-20.6M1.1110.1423,01725,467225,508333,103
2024-08-08$394.49$398.0016.0%4.6%19.4%46.9%16.9%4.5%-0.1%-58.1M-408.2M-19.8M1.499.3821,33631,886233,962337,655
2024-08-09$395.10$398.0014.5%4.2%19.2%36.6%15.0%3.9%0.1%9.4M-545.6M-19.1M1.949.0214,34827,819242,350346,545
2024-08-12$392.94$398.0015.4%4.4%19.2%42.8%15.0%4.1%-0.1%-103.6M-20.8M-18.7M0.578.9040,26122,773212,028330,950
2024-08-13$397.66$397.0013.5%3.9%18.5%29.6%14.1%3.7%-0.0%81.7M-1.53B-19.7M1.288.6317,13022,008242,128338,531
2024-08-14$400.25$397.0012.4%3.6%18.6%22.3%13.2%3.1%0.2%200.5M-2.21B-20.0M1.289.4720,35026,084247,836345,416
2024-08-15$405.79$398.0011.6%3.4%18.9%16.7%12.6%2.7%0.3%434.0M-3.73B-19.6M0.8710.4634,26929,795250,538355,224
2024-08-16$406.82$399.0011.3%3.3%18.5%14.5%12.2%2.7%0.5%424.0M-3.78B-18.6M1.136.9116,84819,057247,621364,147
2024-08-19$408.65$400.0011.2%3.2%18.5%14.2%11.8%2.5%-0.3%304.1M-3.68B-18.1M1.496.6713,71420,443211,265282,697
2024-08-20$408.17$400.0011.6%3.3%18.5%16.7%12.1%2.6%-0.3%279.3M-3.55B-17.7M0.876.1315,16613,243212,365289,035
2024-08-21$408.89$400.0011.9%3.4%17.9%19.2%12.4%2.9%-0.3%309.0M-3.61B-18.6M1.376.0010,45614,369219,924293,766
2024-08-22$407.07$400.0012.6%3.6%17.9%23.7%12.8%3.6%-0.4%267.8M-3.18B-19.0M0.955.6223,97422,748222,105298,077
2024-08-23$411.35$400.0011.7%3.4%17.7%17.7%12.4%3.2%-0.4%584.1M-4.24B-18.2M1.336.4723,91631,710231,419304,962
2024-08-26$412.63$400.0011.6%3.4%17.8%16.9%13.0%3.2%-0.3%309.2M-3.75B-17.9M1.445.8216,69524,008207,712284,271
2024-08-27$412.76$400.0011.3%3.3%17.7%14.5%12.5%3.3%-0.3%296.5M-3.62B-18.0M2.047.698,75617,882211,523293,291
2024-08-28$411.28$400.0012.0%3.6%17.7%19.5%12.7%4.0%-0.4%228.1M-3.33B-18.1M1.516.5915,49323,460211,975297,899
2024-08-29$413.90$400.0011.5%3.5%16.3%16.3%12.4%3.5%-0.3%352.9M-3.84B-18.4M1.586.5230,98949,096216,105300,986
2024-08-30$415.02$400.0010.7%3.3%15.1%10.8%12.0%3.5%0.4%306.2M-4.00B-17.7M1.345.4926,16235,156226,452323,509