DIA Options History — December 2024

In December 2024, DIA traded between $424.50 and $451.26. ATM implied volatility averaged 12.4%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 0.8% (HV 20d: 11.6%). Max pain ranged from $410.00 to $425.00. Net GEX was positive for 6 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.97.

Notable Days

  • 2024-12-18: Highest Volume — 146,962 contracts
  • 2024-12-18: Largest IV spike — 38.7% change
  • 2024-12-18: Highest IV Rank — 62.4%
  • 2024-12-18: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$437.38$424.50$451.26$448.65$424.85
Max Pain$420.67$410.00$425.00$420.00$425.00
ATM IV12.4%10.5%18.3%10.8%13.4%
Expected Move3.6%3.2%5.2%3.4%3.8%
HV 20d11.6%8.9%15.9%15.9%11.6%
HV 60d12.6%12.0%13.5%12.2%13.3%
IV Rank22.4%9.3%62.4%11.2%29.2%
IV Percentile60.2%27.8%99.6%37.7%78.2%
Term Structure0.3%-0.4%2.2%0.1%0.4%
VWIV12.9%11.2%17.7%12.6%13.1%
Skew 25d2.3%-0.4%3.5%2.4%2.9%
Skew 10d6.2%-3.9%12.3%5.5%5.8%
Call IV 25d11.7%9.8%17.2%10.1%11.9%
Put IV 25d14.0%11.7%20.3%12.5%14.8%
Bid-Ask Spread %7.985.3514.055.358.14
Gamma HHI0.140.050.220.200.13
Net GEX-74.0M-480.9M461.4M-158.8M-13.3M
Net DEX-1.61B-4.33B790.9M-3.80B311.8M
Net VEX-20.4M-22.7M-18.7M-18.7M-19.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.242.540.912.54
Total Volume63,277.09526,001146,96231,10376,230
Total OI616,461.524540,886736,015590,129543,483

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$448.65$420.0010.8%3.4%15.9%11.2%12.6%2.4%0.1%-158.8M-3.80B-18.7M0.915.3516,28414,819204,599385,530
2024-12-03$447.83$420.0010.5%3.3%15.7%9.3%12.7%2.6%0.3%-217.1M-3.54B-19.6M1.196.0312,51914,882208,892390,675
2024-12-04$451.26$420.0010.7%3.3%15.7%10.8%12.6%2.4%0.3%-81.5M-4.33B-18.9M0.975.9416,80716,224212,570393,614
2024-12-05$449.06$410.0010.6%3.2%9.7%10.2%11.2%2.3%0.4%-168.9M-3.90B-19.4M0.747.5327,12920,182216,454400,860
2024-12-06$447.22$410.0010.5%3.2%9.9%9.7%11.4%1.9%0.4%-138.9M-3.26B-19.8M1.397.9219,61027,225232,990407,516
2024-12-09$445.36$410.0011.3%3.3%10.0%14.8%12.7%2.4%0.1%-238.6M-3.03B-20.0M1.128.2012,74614,215216,707387,788
2024-12-10$443.73$415.0011.3%3.3%9.8%14.8%12.0%2.4%0.2%-307.8M-2.55B-20.4M1.157.9312,11413,887219,218391,464
2024-12-11$442.99$415.0011.3%3.3%9.5%14.8%11.5%2.4%0.2%-312.5M-2.54B-19.9M1.077.9624,52026,117222,063393,617
2024-12-12$440.65$415.0011.3%3.3%9.7%15.0%12.4%2.5%0.3%-455.2M-1.81B-19.8M0.818.1629,40423,797231,142398,503
2024-12-13$439.68$424.0011.4%3.3%9.4%15.2%11.6%2.6%0.3%-480.9M-1.61B-19.9M0.789.3828,71722,282244,911402,304
2024-12-16$438.59$425.0011.9%3.5%8.9%19.2%12.3%2.2%-0.2%-239.1M-1.75B-19.5M0.438.4733,66414,371232,633393,861
2024-12-17$435.49$425.0013.2%3.8%9.3%27.7%13.7%2.4%-0.1%-200.8M-1.07B-20.4M0.427.7774,85331,561246,832398,351
2024-12-18$424.50$425.0018.3%5.2%13.0%62.4%17.7%3.1%-0.4%-80.8M790.9M-22.0M0.2414.05118,19328,769287,070406,354
2024-12-19$426.00$425.0016.9%4.8%13.0%52.9%16.8%2.9%-0.2%-43.3M426.1M-22.3M0.3611.1195,65334,901320,431411,683
2024-12-20$429.51$425.0014.5%4.2%12.6%36.3%14.8%2.8%-0.2%259.0M326.0M-22.7M0.596.8061,73936,561316,914419,101
2024-12-23$429.06$425.0014.1%4.0%12.2%34.1%13.5%3.5%-0.3%176.6M-91.0M-21.4M0.437.0541,86317,883258,584290,276
2024-12-24$431.71$425.0011.3%3.3%11.7%14.5%11.3%2.6%0.9%368.1M-986.2M-21.2M1.968.8621,42141,994274,098290,294
2024-12-26$433.28$425.0011.7%3.4%11.7%17.4%11.7%-0.4%-0.0%461.4M-1.43B-20.9M0.406.1134,39413,775276,984290,551
2024-12-27$428.74$425.0012.4%3.7%12.1%22.2%12.2%1.4%2.2%192.1M-141.1M-21.0M1.826.5136,35166,286288,146297,743
2024-12-30$426.91$425.0013.3%3.8%11.6%28.5%13.1%1.3%0.9%127.1M258.6M-20.3M1.098.2726,20328,674251,195289,691
2024-12-31$424.85$425.0013.4%3.8%11.6%29.2%13.1%2.9%0.4%-13.3M311.8M-19.6M2.548.1421,50954,721254,662288,821