DAPP Options History — February 2024

In February 2024, DAPP traded between $7.16 and $10.88. ATM implied volatility averaged 111.8%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 31.5%. IV traded above realized volatility by 26.6% (HV 20d: 85.2%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.78.

Notable Days

  • 2024-02-09: Highest Volume — 346 contracts
  • 2024-02-20: Largest IV spike — 61.5% change
  • 2024-02-06: Highest IV Rank — 39.6%
  • 2024-02-23: Largest Expected Move — 39.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.28$7.16$10.88$7.79$9.89
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV111.8%76.8%160.4%89.5%129.4%
Expected Move31.5%22.0%39.8%24.3%37.1%
HV 20d85.2%66.3%102.4%70.7%102.4%
HV 60d86.5%79.2%92.8%79.2%92.4%
IV Rank22.2%9.6%39.6%14.2%28.5%
IV Percentile56.3%21.8%84.5%40.5%72.6%
Term Structure9.6%-88.2%72.8%40.4%31.6%
VWIV107.2%73.7%236.9%84.7%90.0%
Skew 25d-13.0%-62.2%35.0%22.4%-51.9%
Skew 10d-35.5%-131.1%61.6%-45.4%-44.5%
Call IV 25d113.6%82.1%154.8%94.9%146.2%
Put IV 25d100.6%78.9%144.9%117.3%94.3%
Bid-Ask Spread %124.35114.61131.41114.61128.86
Gamma HHI0.210.160.300.240.16
Net GEX6.4K-8415.1K2.8K8.8K
Net DEX-666.0K-1.2M39.6K-171.0K-881.8K
Net VEX-3.0K-3.5K-2.5K-3.2K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.008.610.332.00
Total Volume56.45134643
Total OI2,803.652,3833,0982,9702,400

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$7.79$7.0089.5%24.3%70.7%14.2%0.0%22.4%40.4%2.8K-171.0K-3.2K0.33114.61N/AN/A311,8761,094
2024-02-02$7.62$7.0081.2%22.3%68.2%11.2%84.7%11.5%21.5%3.4K-117.7K-3.0K0.18122.79N/AN/A1121,8771,095
2024-02-05$7.16$7.00104.9%33.2%69.3%19.7%236.9%0.4%38.5%3.5K39.6K-2.7K0.00129.19N/AN/A201,8821,097
2024-02-06$7.37$7.00160.4%33.8%66.3%39.6%0.0%1.5%23.0%3.5K-15.3K-2.8K0.00123.85N/AN/A3401,8831,097
2024-02-07$7.57$7.0076.8%22.0%67.9%9.6%0.0%24.9%31.3%3.9K-80.9K-3.0K0.00131.41N/AN/A801,9161,097
2024-02-08$8.31$7.0082.3%23.6%77.5%11.6%73.7%35.0%17.7%893-277.3K-3.2K1.40121.17N/AN/A571,9181,097
2024-02-09$9.10$7.00124.8%35.8%81.6%26.8%90.9%-22.7%-13.3%-84-533.4K-3.5K8.61122.87N/AN/A363101,9231,104
2024-02-12$9.96$7.00110.8%31.8%80.5%21.8%94.2%-36.2%-17.0%7.3K-901.0K-3.3K0.33120.09N/AN/A45151,9521,127
2024-02-13$9.40$7.00129.8%37.2%81.7%28.6%107.4%-25.3%-21.5%4.4K-703.0K-3.5K0.00124.91N/AN/A2101,9691,125
2024-02-14$10.67$7.00118.0%33.8%90.3%24.4%123.3%-62.2%-21.5%8.9K-1.1M-3.2K0.30128.76N/AN/A1031,9731,125
2024-02-15$10.40$7.0078.2%22.4%88.0%10.1%81.9%-30.3%72.8%15.1K-1.1M-2.9K0.03120.21N/AN/A21871,9461,127
2024-02-16$10.27$7.0080.5%23.1%88.3%11.0%117.8%-21.6%-88.2%8.1K-947.4K-3.1K0.07124.92N/AN/A4531,9021,130
2024-02-20$9.86$7.00130.0%37.3%90.7%28.7%114.0%8.6%-15.9%8.2K-825.5K-3.0K0.11120.83N/AN/A3741,674798
2024-02-21$9.30$7.00105.6%30.3%92.8%20.0%101.0%-17.0%56.2%8.4K-728.8K-3.0K0.07123.55N/AN/A3021,689802
2024-02-22$9.63$7.00132.4%38.0%92.4%29.6%115.4%-10.1%-3.7%9.4K-831.4K-2.9K0.18121.53N/AN/A1121,694802
2024-02-23$9.32$7.00138.9%39.8%93.9%31.9%0.0%-34.6%22.3%8.7K-713.1K-2.9K0.00126.96N/AN/A101,693803
2024-02-26$10.66$7.00126.4%36.2%100.9%27.4%104.2%-28.8%-2.6%7.2K-1.1M-2.6K0.03122.45N/AN/A3811,692803
2024-02-27$10.88$7.00116.7%33.5%99.7%24.0%89.4%6.4%9.9%7.7K-1.2M-2.8K1.29129.62N/AN/A831071,704804
2024-02-28$10.53$7.00119.2%34.2%100.6%24.8%90.7%-29.3%10.9%8.3K-1.1M-2.5K0.71128.32N/AN/A14101,674709
2024-02-29$9.89$7.00129.4%37.1%102.4%28.5%90.0%-51.9%31.6%8.8K-881.8K-2.5K2.00128.86N/AN/A121,681719