DAPP Options History — March 2022

In March 2022, DAPP traded between $11.77 and $16.52. ATM implied volatility averaged 120.0%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 34.0%. IV traded above realized volatility by 35.8% (HV 20d: 84.2%). Max pain ranged from $18.00 to $20.00. Net GEX was positive for 5 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 1.20.

Notable Days

2022-03-02: Highest Volume — 317 contracts
2022-03-04: Largest IV spike — 62.2% change
2022-03-23: Highest IV Rank — 60.8%
2022-03-11: Largest Expected Move — 62.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.12	$11.77	$16.52	$14.46	$15.16
Max Pain	$18.32	$18.00	$20.00	$18.00	$18.00
ATM IV	120.0%	80.7%	196.6%	117.4%	96.7%
Expected Move	34.0%	20.5%	62.4%	33.6%	23.3%
HV 20d	84.2%	73.3%	90.8%	80.1%	87.1%
HV 60d	82.9%	79.9%	86.5%	83.2%	84.4%
IV Rank	42.4%	29.4%	60.8%	51.5%	29.4%
IV Percentile	80.9%	61.0%	95.4%	91.3%	61.0%
Term Structure	-31.2%	-57.5%	-9.7%	-31.1%	-57.5%
VWIV	128.3%	74.9%	238.6%	121.2%	90.3%
Skew 25d	10.2%	-53.2%	51.4%	5.9%	-27.2%
Skew 10d	27.3%	-14.3%	59.5%	17.2%	21.3%
Call IV 25d	118.0%	84.6%	150.1%	118.0%	125.8%
Put IV 25d	128.1%	60.3%	173.1%	123.9%	98.7%
Bid-Ask Spread %	134.84	111.34	154.57	116.55	146.04
Gamma HHI	0.13	0.09	0.25	0.12	0.13
Net GEX	-134	-333	204	-333	-248
Net DEX	54.3K	30.2K	98.5K	74.6K	36.9K
Net VEX	-331	-404	-185	-342	-350
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.20	0.67	2.22	0.70	2.22
Total Volume	247.087	136	317	316	145
Total OI	365.174	189	487	475	196

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$14.46	$18.00	117.4%	33.6%	80.1%	0.0%	121.2%	5.9%	-31.1%	-333	74.6K	-342	0.70	116.55	N/A	N/A	186	130	344	131
2022-03-02	$14.66	$18.00	91.8%	26.3%	78.0%	0.0%	127.9%	10.1%	-26.6%	-321	62.6K	-404	0.71	123.37	N/A	N/A	185	132	344	133
2022-03-03	$13.60	$18.00	121.2%	34.7%	78.5%	0.0%	124.8%	6.8%	-9.7%	-329	66.7K	-345	0.72	121.88	N/A	N/A	184	132	344	134
2022-03-04	$12.57	$18.00	196.6%	56.4%	81.8%	0.0%	186.8%	10.6%	-38.0%	-60	70.0K	-352	0.72	123.49	N/A	N/A	183	132	343	134
2022-03-07	$12.02	$18.00	176.3%	50.5%	75.4%	0.0%	192.6%	7.2%	-49.6%	-71	80.2K	-291	0.72	129.16	N/A	N/A	184	133	345	134
2022-03-08	$12.46	$18.00	128.6%	55.0%	73.3%	0.0%	203.5%	13.7%	-31.9%	-28	72.1K	-339	0.69	126.62	N/A	N/A	186	128	348	135
2022-03-09	$13.76	$18.00	119.2%	56.1%	82.5%	0.0%	192.1%	10.0%	-34.3%	-72	73.1K	-334	0.69	127.70	N/A	N/A	186	128	350	135
2022-03-10	$13.41	$18.00	108.4%	48.7%	80.0%	0.0%	190.3%	11.6%	-20.5%	204	58.9K	-379	0.68	125.27	N/A	N/A	187	128	350	135
2022-03-11	$12.62	$18.00	125.4%	62.4%	82.0%	0.0%	238.6%	11.6%	-31.5%	46	68.8K	-314	0.68	126.61	N/A	N/A	187	128	352	135
2022-03-14	$11.77	$20.00	99.1%	20.5%	83.7%	0.0%	83.4%	4.0%	-44.6%	64	79.2K	-269	0.68	111.34	N/A	N/A	187	128	352	135
2022-03-15	$12.16	$20.00	80.7%	21.6%	85.0%	0.0%	79.9%	48.8%	-12.3%	39	98.5K	-185	0.68	113.91	N/A	N/A	187	128	352	135
2022-03-16	$13.22	$20.00	129.7%	29.4%	87.7%	0.0%	83.7%	46.2%	-40.9%	197	46.1K	-262	0.68	115.33	N/A	N/A	187	128	352	107
2022-03-17	$13.92	$0.00	127.9%	32.3%	90.2%	51.5%	0.0%	38.1%	-23.2%	-37	44.9K	-272	0.68	154.57	N/A	N/A	189	128	348	107
2022-03-18	$14.65	$0.00	108.9%	23.9%	88.3%	38.1%	0.0%	8.9%	-28.0%	-239	34.8K	-326	0.67	144.19	N/A	N/A	190	127	352	107
2022-03-21	$14.39	$0.00	129.5%	28.2%	87.4%	52.6%	0.0%	17.0%	-23.8%	-213	42.1K	-321	1.96	152.31	N/A	N/A	46	90	101	88
2022-03-22	$15.34	$0.00	107.0%	23.1%	88.8%	36.7%	74.9%	13.2%	-26.7%	-213	38.4K	-353	1.88	145.97	N/A	N/A	48	90	101	88
2022-03-23	$15.14	$18.00	141.1%	30.0%	87.2%	60.8%	107.4%	44.6%	-41.4%	-225	36.3K	-360	1.88	153.33	N/A	N/A	48	90	102	89
2022-03-24	$15.75	$18.00	119.4%	24.6%	85.7%	45.5%	96.3%	23.4%	-40.5%	-216	35.7K	-365	1.96	152.24	N/A	N/A	46	90	102	89
2022-03-25	$15.23	$18.00	102.3%	33.0%	86.7%	33.4%	120.6%	51.4%	-14.7%	-243	36.0K	-355	1.94	152.53	N/A	N/A	47	91	101	89
2022-03-28	$16.30	$18.00	123.5%	25.2%	88.3%	48.4%	90.6%	-20.8%	-35.3%	-260	31.3K	-367	1.86	149.96	N/A	N/A	49	91	103	90
2022-03-29	$16.52	$18.00	104.6%	20.6%	88.4%	35.0%	76.1%	-48.4%	-29.5%	-273	30.2K	-374	2.04	144.30	N/A	N/A	49	100	103	91
2022-03-30	$15.66	$18.00	105.0%	21.4%	90.8%	35.3%	84.0%	-53.2%	-25.2%	-243	32.4K	-362	2.22	144.69	N/A	N/A	45	100	103	90
2022-03-31	$15.16	$18.00	96.7%	23.3%	87.1%	29.4%	90.3%	-27.2%	-57.5%	-248	36.9K	-350	2.22	146.04	N/A	N/A	45	100	105	91