DAPP Options History — January 2022

In January 2022, DAPP traded between $11.77 and $18.69. ATM implied volatility averaged 109.9%. The 30-day expected move averaged 29.8%. IV traded above realized volatility by 36.4% (HV 20d: 73.5%). Max pain ranged from $20.00 to $31.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.71.

Notable Days

  • 2022-01-21: Highest Volume — 303 contracts
  • 2022-01-04: Largest IV spike — 45.2% change
  • 2022-01-26: Largest Expected Move — 47.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.18$11.77$18.69$18.69$13.45
Max Pain$29.35$20.00$31.00$20.00$31.00
ATM IV109.9%56.4%165.3%56.4%119.2%
Expected Move29.8%16.2%47.4%16.2%34.2%
HV 20d73.5%61.0%81.5%78.3%81.5%
HV 60d71.6%69.4%75.5%69.4%75.5%
Term Structure-24.1%-68.5%23.6%23.6%-37.7%
VWIV113.7%79.3%164.1%83.6%118.1%
Skew 25d3.4%-49.1%90.1%-4.7%11.4%
Skew 10d-7.6%-60.2%80.9%-16.3%24.7%
Call IV 25d107.8%66.0%172.2%66.0%128.2%
Put IV 25d111.2%61.3%192.4%61.3%139.5%
Bid-Ask Spread %137.32124.67149.22127.16133.52
Gamma HHI0.100.070.130.090.12
Net GEX-115-823649411-447
Net DEX92.1K42.2K125.0K45.5K117.4K
Net VEX-555-844-298-824-298
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.520.950.950.52
Total Volume265.75244303275244
Total OI434.8392464392433

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$18.69$20.0056.4%16.2%78.3%0.0%83.6%-4.7%23.6%41145.5K-8240.95127.16N/AN/A141134271121
2022-01-04$18.46$20.0081.9%23.5%78.2%0.0%107.5%9.5%-22.0%48659.0K-7130.90130.33N/AN/A143128272122
2022-01-05$17.07$20.00100.5%28.8%78.0%0.0%112.6%4.1%-24.6%64942.2K-7980.94124.67N/AN/A145137276127
2022-01-06$16.64$31.0093.9%22.9%76.9%0.0%92.1%19.0%-13.9%-15790.7K-6710.84139.38N/AN/A143120281141
2022-01-07$16.30$31.00116.8%23.8%73.6%0.0%95.8%10.3%8.6%-29691.8K-6380.83140.65N/AN/A143119285144
2022-01-10$15.82$31.00115.5%24.2%73.7%0.0%98.3%13.3%5.2%-670113.8K-5120.72142.06N/AN/A165118285144
2022-01-11$16.83$31.00122.8%23.1%77.4%0.0%79.3%1.3%-20.7%-30092.5K-6780.71135.08N/AN/A165117304144
2022-01-12$17.18$31.0086.9%24.9%78.1%0.0%123.9%-17.0%-16.4%64046.2K-8440.68149.22N/AN/A165112304142
2022-01-13$16.30$31.0089.1%25.5%78.1%0.0%100.3%7.4%-8.6%22377.6K-7200.70138.75N/AN/A159112305146
2022-01-14$16.41$31.0097.5%28.0%76.9%0.0%104.0%9.1%1.6%-705107.6K-5740.75142.26N/AN/A159120307146
2022-01-18$15.17$31.0089.4%25.6%80.4%0.0%104.5%10.8%-46.2%-295111.5K-5810.82139.88N/AN/A148121307152
2022-01-19$14.93$31.0095.3%27.3%65.0%0.0%106.1%4.8%-68.5%-305107.7K-5850.71141.34N/AN/A148105310153
2022-01-20$15.03$31.0098.5%28.2%61.0%0.0%114.3%9.6%-43.6%-823125.0K-4690.74140.34N/AN/A158117310154
2022-01-21$13.21$31.00128.4%36.8%73.1%0.0%137.8%-49.1%-27.9%95123.3K-4390.68139.06N/AN/A180123309154
2022-01-24$12.67$31.00114.3%32.8%66.7%0.0%118.4%0.0%-49.4%-690.8K-3820.56126.98N/AN/A15888306118
2022-01-25$12.77$31.00158.1%45.3%66.9%0.0%149.3%-45.5%-43.9%-12296.7K-3610.55145.26N/AN/A15887306119
2022-01-26$12.66$31.00165.3%47.4%65.9%0.0%147.6%90.1%-14.8%-8393.7K-3740.53135.92N/AN/A16185306119
2022-01-27$11.77$31.00119.2%34.2%68.3%0.0%117.3%-32.5%-51.7%-318105.2K-3060.52134.19N/AN/A16184309129
2022-01-28$12.34$31.00149.0%42.7%71.9%0.0%164.1%16.0%-31.4%-279103.8K-3340.52140.42N/AN/A16183309126
2022-01-31$13.45$31.00119.2%34.2%81.5%0.0%118.1%11.4%-37.7%-447117.4K-2980.52133.52N/AN/A16183309124