DAPP Options History — March 2024

In March 2024, DAPP traded between $9.54 and $11.64. ATM implied volatility averaged 117.8%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 31.9%. IV traded above realized volatility by 25.9% (HV 20d: 91.9%). Max pain ranged from $5.00 to $11.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.15.

Notable Days

  • 2024-03-21: Highest Volume — 377 contracts
  • 2024-03-12: Largest IV spike — 91.5% change
  • 2024-03-12: Highest IV Rank — 67.1%
  • 2024-03-05: Largest Expected Move — 42.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.58$9.54$11.64$10.14$11.61
Max Pain$8.35$5.00$11.00$7.00$11.00
ATM IV117.8%86.6%237.5%117.5%118.2%
Expected Move31.9%21.9%42.0%33.7%33.9%
HV 20d91.9%77.3%104.6%102.5%77.3%
HV 60d90.4%85.0%93.5%91.3%85.0%
IV Rank24.1%12.7%67.1%24.2%24.1%
IV Percentile56.9%31.7%97.2%63.1%63.5%
Term Structure-12.3%-102.6%61.5%-4.8%-12.4%
VWIV107.0%84.1%156.2%96.2%110.9%
Skew 25d-1.1%-68.7%38.0%0.2%7.3%
Skew 10d17.2%-108.2%78.7%-44.5%51.7%
Call IV 25d132.9%69.9%155.3%146.6%145.9%
Put IV 25d131.8%57.9%177.6%146.9%153.2%
Bid-Ask Spread %139.23125.31149.75130.92127.74
Gamma HHI0.170.130.320.150.13
Net GEX6.1K1.4K12.9K8.3K6.0K
Net DEX-801.4K-1.2M-267.3K-936.0K-775.5K
Net VEX-2.4K-3.4K-1.9K-2.5K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.000.800.000.02
Total Volume61.951377187
Total OI2,031.61,1992,4872,4011,860

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$10.14$7.00117.5%33.7%102.5%24.2%96.2%0.2%-4.8%8.3K-936.0K-2.5K0.00130.92N/AN/A101,681720
2024-03-04$10.36$5.0091.5%34.6%101.7%14.9%156.2%0.9%-72.2%9.0K-1.0M-2.3K0.08140.25N/AN/A2621,682720
2024-03-05$9.54$8.0088.2%42.0%104.0%13.7%146.6%-2.2%-102.6%8.9K-867.8K-2.3K0.03149.75N/AN/A7921,686722
2024-03-06$10.02$8.00122.7%34.7%104.6%26.1%0.0%16.8%-30.9%9.2K-899.8K-2.4K0.05144.15N/AN/A6131,713724
2024-03-07$10.08$8.00173.5%21.9%104.5%44.3%90.0%18.7%-17.0%9.3K-955.6K-2.3K0.14146.08N/AN/A711,752725
2024-03-08$10.63$8.00108.5%30.9%101.4%21.0%94.3%11.8%4.2%9.0K-1.2M-2.4K0.08143.16N/AN/A2521,752726
2024-03-11$10.22$8.00124.0%34.9%98.6%26.2%0.0%10.1%-46.0%10.5K-1.1M-2.2K0.17144.43N/AN/A611,753726
2024-03-12$10.16$8.00237.5%34.7%93.4%67.1%84.1%17.5%-20.0%1.4K-1.1M-1.9K0.02143.79N/AN/A5511,752727
2024-03-13$10.48$8.00121.5%34.8%91.3%25.3%0.0%11.5%-35.2%12.9K-1.1M-2.1K0.04149.10N/AN/A5121,758728
2024-03-14$9.79$8.00112.6%32.3%82.7%22.1%98.0%13.2%27.7%10.2K-911.7K-2.1K0.80140.03N/AN/A541,759728
2024-03-15$10.41$8.0086.6%24.8%85.5%12.7%105.3%-68.7%-36.1%1.6K-1.2M-2.0K0.00141.76N/AN/A2501,759728
2024-03-18$10.19$8.00108.3%31.0%85.7%20.5%119.4%38.0%-18.5%1.4K-280.6K-2.1K0.67149.39N/AN/A32713486
2024-03-19$9.98$8.00120.7%34.6%84.8%25.0%96.3%-13.0%-22.4%1.4K-267.3K-2.1K0.09142.69N/AN/A111714487
2024-03-20$11.24$8.00114.9%32.9%91.5%22.9%90.3%22.3%3.0%1.8K-378.2K-2.0K0.00138.26N/AN/A1400720488
2024-03-21$11.25$8.0087.2%25.0%91.0%12.9%89.0%-33.7%61.5%2.4K-454.6K-2.2K0.10125.31N/AN/A34433793488
2024-03-22$10.82$10.0089.3%25.6%91.4%13.7%88.1%10.7%27.9%3.9K-516.0K-2.8K0.07128.99N/AN/A7551,058522
2024-03-25$11.64$10.00115.3%33.1%82.3%23.0%91.0%10.3%17.8%4.5K-679.1K-3.0K0.13133.01N/AN/A4561,117533
2024-03-26$11.47$10.00129.2%37.0%82.3%28.1%131.0%-36.9%-9.9%5.5K-714.8K-3.2K0.18132.05N/AN/A55101,248537
2024-03-27$11.51$10.0088.0%25.2%81.2%13.2%132.8%-56.3%39.2%5.9K-753.5K-3.4K0.29133.82N/AN/A49141,299548
2024-03-28$11.61$11.00118.2%33.9%77.3%24.1%110.9%7.3%-12.4%6.0K-775.5K-3.4K0.02127.74N/AN/A8521,298562