DAPP Options History — May 2024

In May 2024, DAPP traded between $8.88 and $10.64. ATM implied volatility averaged 127.7%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 28.1%. IV traded above realized volatility by 63.3% (HV 20d: 64.4%). Max pain ranged from $9.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 2.02.

Notable Days

  • 2024-05-06: Highest Volume — 170 contracts
  • 2024-05-07: Largest IV spike — 163.2% change
  • 2024-05-14: Highest IV Rank — 72.8%
  • 2024-05-03: Largest Expected Move — 53.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.82$8.88$10.64$8.88$10.11
Max Pain$9.14$9.00$10.00$10.00$9.00
ATM IV127.7%47.3%253.1%177.2%109.3%
Expected Move28.1%13.6%53.6%50.8%31.3%
HV 20d64.4%57.0%69.4%63.8%57.6%
HV 60d73.8%65.8%83.3%83.3%65.8%
IV Rank28.2%0.0%72.8%45.4%22.1%
IV Percentile53.8%0.0%98.0%92.1%50.8%
Term Structure1.7%-113.8%103.6%-99.5%39.0%
VWIV71.5%39.9%109.0%57.0%82.0%
Skew 25d4.8%-44.0%54.3%-7.4%-11.9%
Skew 10d-6.7%-56.9%72.2%-4.5%1.3%
Call IV 25d76.4%51.1%119.7%90.8%97.7%
Put IV 25d81.2%59.2%158.7%83.4%85.7%
Bid-Ask Spread %135.90125.67149.48131.77141.45
Gamma HHI0.160.140.190.150.18
Net GEX3.9K1.2K7.3K4.4K2.0K
Net DEX-391.1K-591.6K-174.9K-235.1K-411.3K
Net VEX-2.3K-2.5K-2.0K-2.4K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.020.0015.290.410.60
Total Volume40.50170240
Total OI2,1942,0622,4372,1472,066

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$8.88$10.00177.2%50.8%63.8%45.4%57.0%-7.4%-99.5%4.4K-235.1K-2.4K0.41131.77N/AN/A1771,530617
2024-05-02$9.12$10.00179.6%51.5%65.0%46.2%63.1%54.3%-107.1%4.7K-286.7K-2.5K0.00149.48N/AN/A101,544622
2024-05-03$9.34$10.00186.9%53.6%65.5%48.9%60.3%39.0%-113.8%5.4K-360.7K-2.5K0.00149.44N/AN/A2401,544622
2024-05-06$9.82$9.0080.4%21.7%68.2%10.5%77.1%-2.8%8.1%7.3K-405.4K-2.5K7.50133.62N/AN/A201501,566622
2024-05-07$9.38$9.00211.7%23.0%69.3%57.8%71.9%-5.5%-0.6%5.2K-342.1K-2.5K0.00134.09N/AN/A501,552714
2024-05-08$9.43$9.00217.9%20.4%69.3%60.1%0.0%-4.9%3.4%4.2K-305.5K-2.4K0.00136.16N/AN/A101,551714
2024-05-09$9.52$9.00116.5%37.9%69.4%23.5%91.2%7.8%-62.3%5.1K-315.4K-2.4K0.05135.54N/AN/A4121,552714
2024-05-10$9.17$9.00157.2%19.8%67.2%38.2%78.7%17.6%9.2%1.2K-174.9K-2.2K0.64126.19N/AN/A22141,591714
2024-05-13$9.13$9.00210.3%29.1%63.4%57.3%109.0%-44.0%-18.8%3.7K-233.3K-2.3K0.08135.85N/AN/A9271,607713
2024-05-14$9.19$9.00253.1%19.2%62.5%72.8%66.8%-9.7%13.4%2.7K-226.1K-2.2K2.00134.41N/AN/A5101,596713
2024-05-15$9.88$9.0085.8%24.6%67.1%12.4%65.6%17.1%42.7%3.7K-399.0K-2.3K0.31128.10N/AN/A2681,599713
2024-05-16$9.75$9.0047.3%13.6%66.9%0.0%39.9%13.8%103.6%2.6K-368.3K-2.2K15.29137.36N/AN/A71071,614717
2024-05-17$9.81$9.0063.8%18.3%66.9%5.9%66.6%3.8%76.7%2.0K-282.5K-2.3K0.14134.40N/AN/A6591,619818
2024-05-20$10.64$9.0089.6%25.7%63.7%15.0%76.2%5.3%-24.3%5.4K-591.6K-2.5K0.07125.67N/AN/A7551,377685
2024-05-21$10.48$9.0050.7%14.5%61.8%1.2%60.2%2.0%55.6%4.9K-559.3K-2.4K0.20132.13N/AN/A511,404687
2024-05-22$10.57$9.00110.7%31.7%60.8%22.5%70.7%16.9%6.5%3.7K-552.4K-2.4K0.27134.28N/AN/A1131,405686
2024-05-23$10.03$9.0086.2%24.7%63.7%13.8%80.9%-17.7%33.4%2.5K-418.0K-2.3K0.71137.02N/AN/A751,410686
2024-05-24$10.57$9.00119.0%34.1%66.1%25.5%84.9%0.0%-4.3%4.2K-558.6K-2.3K0.17135.59N/AN/A611,414686
2024-05-28$10.57$9.00126.2%36.2%64.4%28.0%64.7%9.6%-10.7%3.2K-577.0K-2.2K0.20137.09N/AN/A511,413686
2024-05-29$10.38$9.0069.4%19.9%57.0%7.9%64.0%14.3%41.2%3.6K-492.8K-2.2K13.75137.45N/AN/A81101,410686
2024-05-30$10.36$9.0059.8%17.2%57.0%4.5%82.0%7.3%45.3%3.9K-509.3K-2.2K0.60142.69N/AN/A531,402687
2024-05-31$10.11$9.00109.3%31.3%57.6%22.1%0.0%-11.9%39.0%2.0K-411.3K-2.0K0.00141.45N/AN/A001,379687