DAPP Options History — April 2025

In April 2025, DAPP traded between $7.93 and $10.55. ATM implied volatility averaged 122.0%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 30.9%. IV traded above realized volatility by 29.6% (HV 20d: 92.5%). Max pain ranged from $9.00 to $11.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.89.

Notable Days

  • 2025-04-21: Highest Volume — 82 contracts
  • 2025-04-23: Largest IV spike — 83.5% change
  • 2025-04-08: Highest IV Rank — 50.2%
  • 2025-04-07: Largest Expected Move — 44.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.40$7.93$10.55$9.50$10.25
Max Pain$10.38$9.00$11.00$11.00$9.00
ATM IV122.0%60.7%210.0%116.9%113.1%
Expected Move30.9%17.4%44.0%24.6%32.4%
HV 20d92.5%72.5%100.2%82.6%92.1%
HV 60d77.8%71.2%83.7%74.1%78.1%
IV Rank23.3%4.6%50.2%21.8%20.6%
IV Percentile63.5%7.5%95.6%69.4%67.1%
Term Structure-7.0%-59.9%46.7%-21.9%-58.6%
VWIV89.6%42.9%147.0%147.0%67.7%
Skew 25d-6.8%-95.5%73.4%-21.7%-95.5%
Skew 10d52.9%-14.7%154.0%91.1%91.0%
Call IV 25d115.7%72.6%163.6%140.9%151.9%
Put IV 25d109.0%49.2%169.6%119.2%56.4%
Bid-Ask Spread %159.20152.01167.98156.49152.13
Gamma HHI0.290.260.350.280.30
Net GEX-1.4K-1.9K-1.1K-1.6K-1.5K
Net DEX91.3K-1.6K143.0K134.5K11.9K
Net VEX-675-828-541-620-807
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.006.000.000.07
Total Volume11.524082015
Total OI516.524469596474596

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$9.50$11.00116.9%24.6%82.6%21.8%0.0%-21.7%-21.9%-1.6K134.5K-6200.00156.49N/AN/A00161313
2025-04-02$9.81$11.00107.6%27.6%82.1%18.9%0.0%0.7%-8.8%-1.7K120.2K-6620.00153.08N/AN/A01161313
2025-04-03$9.06$11.00188.5%25.2%84.5%43.6%0.0%26.1%32.2%-1.1K114.6K-6650.00156.45N/AN/A10161314
2025-04-04$8.79$11.00127.9%34.1%83.8%25.1%0.0%21.8%37.2%-1.2K117.6K-6436.00160.82N/AN/A212162314
2025-04-07$8.50$11.00190.7%44.0%72.5%44.3%147.0%-48.9%-13.6%-1.1K121.6K-6231.67167.98N/AN/A35164325
2025-04-08$7.93$11.00210.0%29.3%73.8%50.2%0.0%3.9%4.8%-1.1K106.4K-5900.00152.01N/AN/A00167325
2025-04-09$9.29$11.00117.4%33.7%95.7%21.9%0.0%73.4%29.3%-1.2K108.1K-6790.00166.74N/AN/A10167325
2025-04-10$8.54$11.00153.6%44.0%98.9%33.0%92.4%25.8%-30.5%-1.2K120.6K-6120.38158.83N/AN/A249166325
2025-04-11$9.11$11.0067.5%19.4%100.1%6.6%0.0%-4.8%26.5%-1.5K125.2K-6210.00163.71N/AN/A01166330
2025-04-14$9.29$11.0080.7%23.1%100.2%10.7%0.0%9.6%46.7%-1.7K139.4K-5970.00162.14N/AN/A00166331
2025-04-15$8.91$11.00111.3%31.9%99.6%20.0%0.0%2.6%-18.6%-1.5K126.7K-6020.00162.78N/AN/A02166331
2025-04-16$8.80$11.00118.9%34.1%97.3%22.4%0.0%31.5%-30.1%-1.7K143.0K-5610.00163.59N/AN/A00166331
2025-04-17$8.96$11.00110.8%31.8%97.7%19.9%0.0%8.4%-5.7%-1.4K133.0K-5950.00159.49N/AN/A020166331
2025-04-21$8.91$11.0092.7%26.6%97.7%14.3%67.6%39.9%8.7%-1.9K138.3K-5410.00156.60N/AN/A820147322
2025-04-22$9.75$10.0060.7%17.4%99.4%4.6%87.0%-18.4%25.0%-1.6K72.0K-7431.10152.83N/AN/A1011229322
2025-04-23$10.03$9.00111.4%31.9%100.0%20.1%0.0%-69.6%-46.3%-1.2K26.7K-8031.25162.87N/AN/A45235326
2025-04-24$10.34$9.00113.0%32.4%98.5%20.6%0.0%-18.8%-51.9%-1.5K36.6K-7890.25160.33N/AN/A41238321
2025-04-25$10.55$9.0085.1%24.4%98.7%12.0%0.0%-30.2%44.3%-1.4K11.3K-8280.00162.69N/AN/A130260320
2025-04-28$10.52$9.00143.7%41.2%93.5%29.9%42.9%-23.5%-59.9%-1.3K-1.6K-8130.67156.79N/AN/A64271320
2025-04-29$10.55$9.00140.9%40.4%92.5%29.1%122.3%-54.1%-55.3%-1.8K11.9K-7760.20154.84N/AN/A51272321
2025-04-30$10.25$9.00113.1%32.4%92.1%20.6%67.7%-95.5%-58.6%-1.5K11.9K-8070.07152.13N/AN/A141275321