DAPP Options History — January 2024

In January 2024, DAPP traded between $7.00 and $10.02. ATM implied volatility averaged 107.4%, placing in the 19.0% IV rank vs the trailing year. The 30-day expected move averaged 31.1%. IV traded above realized volatility by 16.1% (HV 20d: 91.3%). Max pain ranged from $7.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.89.

Notable Days

  • 2024-01-11: Highest Volume — 1,130 contracts
  • 2024-01-23: Largest IV spike — 65.5% change
  • 2024-01-23: Highest IV Rank — 31.0%
  • 2024-01-02: Largest Expected Move — 40.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.42$7.00$10.02$9.91$7.75
Max Pain$8.95$7.00$10.00$10.00$9.00
ATM IV107.4%75.0%141.0%141.0%88.2%
Expected Move31.1%21.5%40.4%40.4%25.3%
HV 20d91.3%70.7%101.9%99.2%71.0%
HV 60d77.7%74.7%80.3%74.7%79.2%
IV Rank19.0%9.0%31.0%26.7%13.7%
IV Percentile51.6%16.3%75.0%74.2%38.1%
Term Structure-20.4%-113.4%25.8%25.8%-1.3%
VWIV98.5%52.6%173.4%173.4%162.2%
Skew 25d-10.3%-135.1%68.5%-31.4%-135.1%
Skew 10d49.5%-58.5%124.4%-8.8%8.8%
Call IV 25d114.9%54.5%204.1%144.7%204.1%
Put IV 25d104.6%67.9%171.5%113.2%69.0%
Bid-Ask Spread %129.99115.52144.80115.52143.48
Gamma HHI0.220.190.300.200.23
Net GEX5.5K2.0K11.6K7.0K3.1K
Net DEX-322.9K-927.3K169.7K-927.3K-205.0K
Net VEX-3.4K-4.6K-2.9K-3.1K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.890.0025.611.401.00
Total Volume209.42941,130244
Total OI3,143.3812,3973,9692,3972,966

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$9.91$10.00141.0%40.4%99.2%26.7%173.4%-31.4%25.8%7.0K-927.3K-3.1K1.40115.52N/AN/A10141,774623
2024-01-03$9.57$10.00126.5%36.3%97.9%22.5%97.7%8.1%-33.6%9.0K-753.6K-3.0K0.05124.19N/AN/A12261,780646
2024-01-04$9.96$7.00102.0%29.1%98.5%15.3%0.0%2.6%-20.5%11.0K-899.4K-3.1K0.56125.03N/AN/A36201,879649
2024-01-05$9.48$7.00107.8%38.5%100.5%17.0%0.0%15.3%-14.8%11.1K-746.1K-3.0K0.28133.56N/AN/A1851,893649
2024-01-08$10.02$7.00115.7%31.3%101.9%19.3%90.6%-57.4%4.6%11.6K-900.6K-3.0K18.05120.12N/AN/A397041,914653
2024-01-09$9.77$9.00119.5%34.4%100.1%20.4%97.3%-33.6%7.0%5.4K-602.1K-3.8K1.97125.35N/AN/A2294501,9471,356
2024-01-10$9.79$9.00137.6%39.5%89.0%28.5%155.2%41.9%-55.4%2.6K-553.5K-4.6K0.00124.62N/AN/A6402,1291,756
2024-01-11$9.14$9.00128.5%36.8%93.5%25.5%100.2%68.5%-68.3%6.9K-334.5K-4.4K1.22116.90N/AN/A5086222,1461,756
2024-01-12$8.36$9.0097.6%28.0%95.8%17.1%88.3%-6.5%-3.5%4.5K-240.9K-4.2K25.61126.94N/AN/A184612,3381,523
2024-01-16$7.99$9.0099.0%28.4%95.7%17.6%88.8%53.9%2.6%5.3K-212.4K-3.6K0.54126.12N/AN/A2411302,3471,398
2024-01-17$7.73$9.0088.9%25.5%96.2%14.0%73.3%52.3%7.9%7.5K-3.8K-3.5K0.21127.86N/AN/A71152,5591,363
2024-01-18$7.33$9.00112.5%32.3%95.5%22.4%103.0%37.8%-43.8%7.6K-19.9K-3.4K0.08132.60N/AN/A259222,6131,356
2024-01-19$7.30$10.00115.5%33.1%94.9%23.5%102.8%13.8%-75.9%3.3K169.7K-3.0K0.82132.24N/AN/A50412,4611,364
2024-01-22$7.37$10.0082.3%23.6%93.8%11.6%88.1%-65.6%21.3%3.4K-33.9K-2.9K0.15137.74N/AN/A6091,780981
2024-01-23$7.13$10.00136.2%39.1%90.4%31.0%76.0%-16.2%-95.3%2.8K19.9K-2.9K5.20127.10N/AN/A10521,8101,033
2024-01-24$7.00$9.00129.4%37.1%84.5%28.5%76.7%0.8%-113.4%2.6K39.0K-2.9K3.00138.17N/AN/A131,8201,075
2024-01-25$7.14$9.0075.0%21.5%84.3%9.0%52.6%-6.6%20.1%3.0K55.1K-2.9K0.00138.32N/AN/A701,8211,078
2024-01-26$7.72$9.0075.1%21.5%79.7%9.0%79.8%3.4%17.6%2.0K-108.8K-3.3K0.27128.26N/AN/A1131,8271,077
2024-01-29$8.19$9.0083.1%23.8%84.4%11.9%66.8%-41.8%-2.4%3.2K-284.2K-3.4K0.25140.83N/AN/A52131,8331,080
2024-01-30$8.07$9.0093.6%26.8%70.7%15.6%162.2%-120.7%-6.2%3.0K-239.4K-3.4K0.13144.80N/AN/A1621,8671,091
2024-01-31$7.75$9.0088.2%25.3%71.0%13.7%0.0%-135.1%-1.3%3.1K-205.0K-3.2K1.00143.48N/AN/A221,8741,092