DAPP Options History — July 2023

In July 2023, DAPP traded between $7.38 and $9.62. ATM implied volatility averaged 93.6%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 22.8%. IV traded above realized volatility by 27.9% (HV 20d: 65.7%). Max pain ranged from $4.00 to $6.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2023-07-18: Highest Volume — 376 contracts
  • 2023-07-07: Largest IV spike — 241.8% change
  • 2023-07-07: Highest IV Rank — 38.4%
  • 2023-07-31: Largest Expected Move — 36.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.37$7.38$9.62$7.38$8.41
Max Pain$4.60$4.00$6.00$6.00$6.00
ATM IV93.6%51.4%197.1%51.4%125.6%
Expected Move22.8%14.7%36.0%14.7%36.0%
HV 20d65.7%48.6%77.0%56.4%76.1%
HV 60d64.7%61.2%67.7%66.8%63.7%
IV Rank17.0%8.3%38.4%8.3%23.6%
IV Percentile29.5%1.2%85.3%1.2%61.1%
Term Structure-9.9%-108.7%73.0%14.1%-108.7%
VWIV69.3%45.4%177.9%45.4%65.3%
Skew 25d-9.5%-88.7%67.6%-88.7%6.3%
Skew 10d-12.7%-81.5%71.6%-74.3%8.0%
Call IV 25d83.2%48.0%160.1%160.1%62.2%
Put IV 25d73.6%50.4%132.8%71.4%68.5%
Bid-Ask Spread %145.22122.68161.79151.90156.57
Gamma HHI0.360.270.430.380.43
Net GEX5.2K2.4K8.6K3.9K8.6K
Net DEX-349.5K-544.5K-191.3K-191.3K-416.1K
Net VEX-778-1.1K-410-726-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.005.710.002.50
Total Volume62.551376227
Total OI5,014.34,6025,3174,6025,214

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$7.38$6.0051.4%14.7%56.4%8.3%45.4%-88.7%14.1%3.9K-191.3K-7260.00151.90N/AN/A2205544,048
2023-07-05$7.56$6.0076.1%21.8%50.9%13.4%56.4%-39.3%-19.9%4.5K-204.3K-7990.00153.83N/AN/A11005644,348
2023-07-06$7.46$6.0057.7%21.0%51.8%9.6%53.2%19.3%11.9%5.5K-244.5K-8070.01134.89N/AN/A13716314,348
2023-07-07$7.79$4.00197.1%24.5%49.6%38.4%0.0%-3.4%73.0%4.2K-245.6K-7310.01161.79N/AN/A17615604,349
2023-07-10$8.30$4.00163.5%23.5%52.2%31.5%177.9%23.2%30.2%3.4K-247.6K-4600.57146.96N/AN/A744394,349
2023-07-11$8.47$4.00171.8%19.8%48.6%33.2%63.2%5.5%47.9%3.2K-263.6K-5010.00154.70N/AN/A1304384,351
2023-07-12$8.40$4.0090.5%25.9%49.8%16.4%79.8%0.1%5.4%3.8K-284.6K-5115.71152.69N/AN/A7404514,351
2023-07-13$9.62$4.0064.4%18.5%64.2%11.0%52.9%67.6%5.0%2.4K-347.7K-4100.05138.95N/AN/A4024534,391
2023-07-14$9.01$4.0062.6%17.9%71.9%10.6%68.1%-6.5%-1.0%2.8K-328.1K-4850.79140.92N/AN/A53424704,393
2023-07-17$8.89$4.0064.9%18.6%71.7%11.1%0.0%48.0%4.2%3.2K-313.4K-4800.00141.91N/AN/A3004804,391
2023-07-18$8.75$4.0070.4%20.2%72.8%12.2%0.0%4.0%3.9%3.3K-317.4K-4710.00139.59N/AN/A37604964,391
2023-07-19$9.00$4.0055.5%15.9%71.2%9.2%0.0%-10.7%11.2%7.0K-544.5K-9320.00133.51N/AN/A4008474,391
2023-07-20$8.52$4.0067.6%19.4%75.5%11.7%68.1%-24.1%2.2%6.8K-507.3K-9900.00146.66N/AN/A7908864,391
2023-07-21$8.49$4.0086.6%24.8%75.5%15.6%0.0%1.4%1.4%6.2K-520.1K-1.0K0.00147.55N/AN/A1209264,391
2023-07-24$8.25$4.00107.1%30.7%77.0%19.8%53.6%-24.2%-85.3%7.2K-401.8K-1.0K1.67150.46N/AN/A357914,390
2023-07-25$8.32$4.00109.9%31.5%74.5%20.4%47.6%-79.2%-69.1%7.0K-387.2K-1.0K0.00143.21N/AN/A2107914,395
2023-07-26$8.47$4.0079.5%22.8%72.7%14.1%65.3%-32.2%-26.4%7.3K-420.1K-1.1K1.00122.68N/AN/A10108014,395
2023-07-27$8.04$6.0095.4%27.4%75.9%17.4%0.0%-39.8%-80.6%6.7K-401.3K-1.1K0.00145.58N/AN/A208114,405
2023-07-28$8.30$6.0075.3%21.6%76.0%13.3%0.0%-18.0%-18.2%7.8K-404.3K-1.0K0.00140.00N/AN/A108104,405
2023-07-31$8.41$6.00125.6%36.0%76.1%23.6%0.0%6.3%-108.7%8.6K-416.1K-1.0K2.50156.57N/AN/A258094,405