DAPP Options History — September 2023

In September 2023, DAPP traded between $5.29 and $6.21. ATM implied volatility averaged 144.3%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 33.2%. IV traded above realized volatility by 85.1% (HV 20d: 59.2%). Max pain ranged from $5.00 to $7.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.28.

Notable Days

  • 2023-09-07: Highest Volume — 585 contracts
  • 2023-09-11: Largest IV spike — 294.7% change
  • 2023-09-11: Highest IV Rank — 62.3%
  • 2023-09-29: Largest Expected Move — 58.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.79$5.29$6.21$6.21$5.47
Max Pain$6.89$5.00$7.00$5.00$7.00
ATM IV144.3%70.4%313.0%132.3%202.4%
Expected Move33.2%15.6%58.0%37.9%58.0%
HV 20d59.2%32.0%69.4%69.4%34.5%
HV 60d64.5%60.8%66.5%66.4%61.0%
IV Rank27.5%12.2%62.3%25.0%39.5%
IV Percentile60.7%11.9%96.0%66.7%88.1%
Term Structure-22.3%-182.9%75.6%13.9%-182.9%
VWIV53.4%49.6%57.3%57.3%49.6%
Skew 25d8.9%-24.8%76.6%76.6%5.3%
Skew 10d33.4%-24.7%93.7%62.8%32.7%
Call IV 25d97.9%54.0%135.8%61.3%135.8%
Put IV 25d106.7%56.8%143.2%137.9%141.0%
Bid-Ask Spread %145.74112.63167.03144.30158.58
Gamma HHI0.350.290.410.350.32
Net GEX5.2K4.0K7.7K4.9K5.0K
Net DEX-176.9K-228.7K-110.2K-137.0K-157.3K
Net VEX-1.1K-1.3K-568-729-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.670.000.00
Total Volume52.2505851011
Total OI4,177.22,4866,1345,3872,741

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$6.21$5.00132.3%37.9%69.4%25.0%0.0%76.6%13.9%4.9K-137.0K-7290.00144.30N/AN/A1009584,429
2023-09-05$6.18$0.00221.7%24.3%69.0%43.5%0.0%6.3%12.9%4.7K-153.1K-7170.00155.66N/AN/A009684,429
2023-09-06$6.13$0.00174.4%20.4%66.2%33.7%57.3%-0.5%-21.3%4.7K-110.2K-5680.00139.87N/AN/A0119684,429
2023-09-07$6.13$7.00129.5%23.6%65.8%24.4%0.0%12.0%-18.0%4.4K-111.0K-6180.02161.74N/AN/A575109684,440
2023-09-08$6.00$7.0079.3%24.3%65.9%14.1%0.0%23.0%-58.2%6.7K-224.5K-1.3K0.00112.63N/AN/A301,5404,450
2023-09-11$5.78$7.00313.0%49.7%65.2%62.3%0.0%5.6%-41.7%6.5K-199.1K-1.1K0.00167.03N/AN/A13701,5464,450
2023-09-12$5.85$7.00204.7%15.6%65.6%40.0%0.0%41.6%28.8%7.4K-228.7K-1.3K0.00115.23N/AN/A101,6834,450
2023-09-13$5.77$7.00132.6%38.0%65.0%25.1%0.0%13.2%-73.7%5.0K-225.5K-1.3K0.00151.08N/AN/A001,6844,450
2023-09-14$5.97$7.0075.8%21.7%66.8%13.4%0.0%-17.5%75.5%7.7K-181.0K-1.1K0.00128.23N/AN/A1001,6844,450
2023-09-15$5.95$7.0070.4%20.2%63.3%12.2%0.0%44.5%-11.7%5.1K-216.1K-1.2K0.00144.50N/AN/A001,6744,450
2023-09-18$5.97$7.00105.8%30.3%62.3%19.5%49.6%6.6%-75.3%5.3K-163.9K-1.1K1.00121.05N/AN/A111,1641,322
2023-09-19$5.92$7.00187.8%53.8%62.3%36.5%0.0%-1.5%-33.5%5.0K-188.7K-1.2K0.00164.80N/AN/A2401,1641,323
2023-09-20$5.75$7.0076.7%22.0%62.7%13.5%0.0%-10.9%-14.8%4.9K-159.0K-1.1K1.00140.74N/AN/A441,1861,323
2023-09-21$5.59$7.00155.9%44.7%59.7%29.9%0.0%-7.2%-20.5%4.5K-140.9K-1.1K0.00166.96N/AN/A2501,1861,327
2023-09-22$5.42$7.00116.2%33.3%57.4%21.7%0.0%7.5%-24.1%4.2K-199.1K-1.3K0.00142.01N/AN/A001,2101,327
2023-09-25$5.41$7.00140.7%40.3%57.3%26.8%0.0%10.7%-53.6%4.3K-185.5K-1.2K0.00152.84N/AN/A021,2101,327
2023-09-26$5.29$7.00156.8%44.9%57.6%30.1%0.0%6.0%-50.6%4.0K-183.0K-1.2K0.20144.53N/AN/A1021,2101,327
2023-09-27$5.37$7.00118.8%34.1%32.0%22.2%0.0%-24.8%75.6%4.3K-185.9K-1.2K1.67161.36N/AN/A351,2201,327
2023-09-28$5.54$7.0090.2%25.9%35.5%16.3%0.0%-18.9%27.6%4.6K-187.9K-1.3K0.01141.59N/AN/A19511,2211,329
2023-09-29$5.47$7.00202.4%58.0%34.5%39.5%0.0%5.3%-182.9%5.0K-157.3K-1.1K0.00158.58N/AN/A1101,4111,330