DAPP Options History — August 2023

In August 2023, DAPP traded between $6.04 and $8.19. ATM implied volatility averaged 100.9%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 27.7%. IV traded above realized volatility by 42.8% (HV 20d: 58.1%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.94.

Notable Days

  • 2023-08-29: Highest Volume — 108 contracts
  • 2023-08-08: Largest IV spike — 145.9% change
  • 2023-08-03: Highest IV Rank — 34.1%
  • 2023-08-24: Largest Expected Move — 48.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.90$6.04$8.19$8.19$6.53
Max Pain$5.09$5.00$6.00$6.00$5.00
ATM IV100.9%54.4%176.1%84.6%144.1%
Expected Move27.7%18.4%48.9%24.2%41.3%
HV 20d58.1%45.5%73.5%72.2%69.2%
HV 60d62.1%59.3%66.6%64.1%65.9%
IV Rank18.5%8.9%34.1%15.2%27.5%
IV Percentile39.5%2.4%79.4%31.0%69.8%
Term Structure5.4%-107.2%136.8%-34.2%70.3%
VWIV78.6%42.3%129.3%62.3%71.3%
Skew 25d43.5%-28.5%85.4%5.6%52.0%
Skew 10d30.4%-21.1%99.9%19.6%99.9%
Call IV 25d60.7%46.7%98.1%55.1%65.9%
Put IV 25d104.2%60.7%144.3%60.7%118.0%
Bid-Ask Spread %136.20115.10160.01137.05158.93
Gamma HHI0.370.300.420.410.37
Net GEX6.4K3.8K9.1K8.1K5.5K
Net DEX-205.2K-380.6K-84.6K-380.6K-183.0K
Net VEX-791-1.0K-546-1.0K-853
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.0016.500.130.33
Total Volume17.870108184
Total OI5,298.2175,2215,3975,2215,386

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$8.19$6.0084.6%24.2%72.2%15.2%62.3%5.6%-34.2%8.1K-380.6K-1.0K0.13137.05N/AN/A1628114,410
2023-08-02$7.93$6.00135.9%39.0%73.0%25.8%129.3%-28.5%-40.4%6.7K-374.4K-1.0K0.21131.93N/AN/A2458214,408
2023-08-03$7.78$5.00176.1%31.0%73.2%34.1%91.3%-13.1%1.0%7.2K-309.8K-9270.00143.08N/AN/A108434,408
2023-08-04$7.42$5.0055.9%18.4%73.5%9.3%0.0%19.7%-12.6%7.8K-282.3K-9330.00116.91N/AN/A0108434,408
2023-08-07$7.21$5.0054.4%20.3%69.8%8.9%0.0%43.0%-10.0%7.0K-241.7K-8570.00115.10N/AN/A008434,418
2023-08-08$7.54$5.00133.9%21.6%71.6%25.3%0.0%2.0%7.1%7.6K-276.0K-8920.00116.01N/AN/A3208434,418
2023-08-09$7.30$5.0067.4%19.3%72.2%11.6%0.0%37.4%2.9%7.8K-265.7K-9270.00133.86N/AN/A108754,418
2023-08-10$7.21$5.0067.8%19.4%48.7%11.7%42.3%85.4%17.0%8.5K-236.6K-8590.00121.95N/AN/A208724,418
2023-08-11$7.41$5.0067.1%19.2%46.9%11.6%60.9%45.4%3.5%7.5K-266.1K-8890.00125.83N/AN/A408734,418
2023-08-14$7.24$5.0069.6%20.0%47.1%12.1%0.0%35.1%-3.8%9.1K-231.4K-8050.00115.63N/AN/A708734,418
2023-08-15$7.00$5.0067.5%19.4%47.8%11.6%0.0%28.9%34.6%8.4K-206.5K-7880.00149.08N/AN/A108734,418
2023-08-16$6.89$5.00100.6%28.9%45.5%18.5%67.7%36.1%-4.3%7.3K-191.0K-7560.13127.27N/AN/A4568734,418
2023-08-17$6.46$5.00111.8%32.1%46.8%20.8%0.0%34.0%136.8%5.1K-121.5K-6150.08140.75N/AN/A6559164,424
2023-08-18$6.24$5.00123.8%35.5%47.2%23.3%113.9%73.5%65.5%4.7K-127.5K-71016.50131.02N/AN/A2339734,424
2023-08-21$6.19$5.0095.0%27.2%47.0%17.3%48.9%56.4%-26.5%4.1K-133.7K-7380.00138.70N/AN/A108734,427
2023-08-22$6.07$5.00106.6%30.6%46.2%19.7%98.2%38.2%-34.3%4.1K-104.9K-6410.40135.32N/AN/A528734,427
2023-08-23$6.40$5.00111.6%32.0%51.0%20.7%0.0%80.5%-21.0%5.2K-129.4K-7080.00138.41N/AN/A2208784,427
2023-08-24$6.04$5.00170.7%48.9%51.6%33.0%0.0%82.1%-107.2%4.1K-144.0K-6690.00151.41N/AN/A008784,427
2023-08-25$6.04$5.0076.5%21.9%49.0%13.5%0.0%65.1%103.4%3.8K-84.6K-5460.00160.01N/AN/A408784,427
2023-08-28$6.05$5.00106.4%30.5%48.3%19.7%71.3%79.8%-41.4%4.0K-110.1K-6390.00145.83N/AN/A408804,427
2023-08-29$6.85$5.00106.4%30.5%69.2%19.7%0.0%77.1%1.7%7.2K-153.0K-6750.01146.01N/AN/A10718804,427
2023-08-30$6.75$5.0086.5%24.8%68.7%15.6%0.0%64.4%16.1%7.0K-166.9K-7630.00152.53N/AN/A009584,428
2023-08-31$6.53$5.00144.1%41.3%69.2%27.5%0.0%52.0%70.3%5.5K-183.0K-8530.33158.93N/AN/A319584,428