DAPP Options History — February 2023

In February 2023, DAPP traded between $4.10 and $5.08. ATM implied volatility averaged 105.9%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 31.8%. IV traded above realized volatility by 21.9% (HV 20d: 84.1%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-02-02: Highest Volume — 22 contracts
  • 2023-02-15: Largest IV spike — 120.0% change
  • 2023-02-01: Highest IV Rank — 34.8%
  • 2023-02-01: Largest Expected Move — 51.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.53$4.10$5.08$4.75$4.25
Max Pain$4.47$4.00$5.00$4.00$4.00
ATM IV105.9%69.8%179.4%179.4%87.8%
Expected Move31.8%20.0%51.4%51.4%25.2%
HV 20d84.1%76.4%95.8%92.4%80.8%
HV 60d78.3%74.7%81.6%80.2%78.3%
IV Rank19.6%12.1%34.8%34.8%15.8%
IV Percentile31.5%4.4%76.2%76.2%21.4%
Term Structure58.3%-161.8%170.5%-161.8%144.7%
VWIV85.4%68.3%111.1%89.9%111.1%
Skew 25d8.4%-27.9%75.6%75.6%-11.4%
Skew 10d-30.0%-117.8%72.4%-117.8%-16.2%
Call IV 25d103.0%55.6%284.8%284.8%105.5%
Put IV 25d111.4%77.1%360.4%360.4%94.1%
Bid-Ask Spread %151.74134.36159.47158.85154.78
Gamma HHI0.600.390.840.490.60
Net GEX-2.6K-5.2K-803-1.6K-2.2K
Net DEX15.8K-22.3K73.1K-1.4K16.0K
Net VEX-343-579-218-280-219
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.005.000.005.00
Total Volume5.684022140
Total OI2,676.0532,6522,6902,6522,682

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$4.75$4.00179.4%51.4%92.4%34.8%89.9%75.6%-161.8%-1.6K-1.4K-2800.00158.85N/AN/A1401612,491
2023-02-02$5.08$5.0083.0%38.5%89.5%14.8%68.3%47.3%-21.2%-803-22.3K-2340.00153.71N/AN/A2201752,491
2023-02-03$4.83$5.00171.3%39.5%90.8%33.1%0.0%43.6%-8.8%-2.0K-1.9K-3020.00152.13N/AN/A001812,491
2023-02-06$4.81$5.0084.2%24.6%91.4%15.1%69.0%21.3%-25.1%-1.5K-4.6K-3370.00159.47N/AN/A601812,491
2023-02-07$4.76$5.0072.3%43.1%89.3%12.6%0.0%6.0%-14.3%-2.3K8.4K-4040.00156.43N/AN/A001862,491
2023-02-08$4.69$5.00151.6%43.4%87.6%29.0%86.6%4.1%-23.8%-4.3K-5.0K-3030.00155.08N/AN/A1101862,491
2023-02-09$4.26$5.0084.9%24.3%95.8%15.2%93.1%-12.4%127.9%-4.6K59.8K-5483.33153.33N/AN/A3101822,491
2023-02-10$4.10$5.0082.1%23.5%78.6%14.6%84.7%-16.2%114.3%-4.8K73.1K-5790.00154.30N/AN/A011822,501
2023-02-13$4.10$5.0083.8%24.0%78.2%15.0%0.0%-5.6%114.5%-5.2K71.9K-5160.00146.37N/AN/A001822,502
2023-02-14$4.38$5.0069.8%20.0%76.4%12.1%97.4%-23.6%106.7%-3.9K49.3K-5260.00150.15N/AN/A011822,502
2023-02-15$4.90$4.00153.7%44.1%80.6%29.4%73.4%47.2%-28.2%-1.4K-10.6K-2490.00154.07N/AN/A401832,502
2023-02-16$4.79$4.00125.5%36.0%81.3%23.6%0.0%33.5%0.0%-941-12.0K-2180.00134.36N/AN/A401852,502
2023-02-17$4.77$4.00167.0%47.9%79.3%32.2%0.0%32.9%109.1%-1.3K-5.7K-2460.00155.76N/AN/A201882,502
2023-02-21$4.50$4.0083.8%24.0%80.1%15.0%82.3%-2.3%170.5%-1.2K-1.9K-2390.00152.79N/AN/A1001752,492
2023-02-22$4.42$4.0078.0%22.4%80.0%13.8%0.0%-15.6%166.8%-1.9K5.3K-2920.00154.33N/AN/A001852,492
2023-02-23$4.40$4.0077.0%22.1%79.9%13.6%84.1%-27.9%156.3%-3.3K27.3K-3780.00154.96N/AN/A061852,492
2023-02-24$4.12$4.0081.8%23.5%83.2%14.6%111.1%-24.0%150.6%-3.4K28.3K-3570.00147.33N/AN/A201842,486
2023-02-27$4.13$4.0096.1%27.6%82.1%17.5%0.0%-12.9%-28.7%-3.2K26.4K-2815.00134.76N/AN/A2101842,486
2023-02-28$4.25$4.0087.8%25.2%80.8%15.8%0.0%-11.4%144.7%-2.2K16.0K-2190.00154.78N/AN/A001862,496