DAPP Options History — July 2025

In July 2025, DAPP traded between $16.41 and $18.84. ATM implied volatility averaged 64.9%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 20.8% (HV 20d: 44.0%). Max pain ranged from $13.00 to $16.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.28.

Notable Days

  • 2025-07-25: Highest Volume — 67 contracts
  • 2025-07-22: Largest IV spike — 50.8% change
  • 2025-07-01: Highest IV Rank — 14.9%
  • 2025-07-01: Largest Expected Move — 27.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.93$16.41$18.84$16.41$17.54
Max Pain$14.91$13.00$16.00$15.00$13.00
ATM IV64.9%42.4%94.5%94.5%53.6%
Expected Move18.6%12.1%27.1%27.1%15.4%
HV 20d44.0%31.6%56.7%56.0%31.6%
HV 60d59.4%55.1%71.6%71.4%55.1%
IV Rank6.3%0.0%14.9%14.9%3.4%
IV Percentile12.6%0.0%44.8%44.8%3.6%
Term Structure-2.2%-36.6%40.6%-10.8%26.9%
VWIV46.0%32.9%75.0%45.5%33.0%
Skew 25d5.1%-32.5%55.3%9.5%-1.1%
Skew 10d2.8%-50.3%75.8%13.0%-20.1%
Call IV 25d70.0%33.0%108.0%65.7%108.0%
Put IV 25d75.1%46.5%106.9%75.2%106.9%
Bid-Ask Spread %156.53139.85165.66152.99156.46
Gamma HHI0.200.170.290.170.19
Net GEX1.6K-422.6K7652.5K
Net DEX-371.6K-479.0K-202.6K-345.8K-218.6K
Net VEX-995-1.2K-847-1.1K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.002.000.040.00
Total Volume12.81806701
Total OI535.591467563558473

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$16.41$15.0094.5%27.1%56.0%14.9%0.0%9.5%-10.8%765-345.8K-1.1K0.00152.99N/AN/A00337221
2025-07-02$17.40$15.0079.3%22.7%56.7%10.2%0.0%55.3%3.0%1.5K-407.8K-9550.04146.16N/AN/A281342221
2025-07-03$17.62$15.0065.7%18.6%56.2%6.1%0.0%0.5%-2.5%1.4K-376.5K-1.1K0.00165.66N/AN/A50318221
2025-07-07$17.13$15.0079.5%22.4%55.0%10.3%0.0%-12.5%-20.3%1.5K-331.9K-1.2K0.00155.93N/AN/A50317221
2025-07-08$17.36$15.0087.1%25.1%47.4%12.6%0.0%-7.5%-25.3%1.6K-364.3K-1.0K0.00160.12N/AN/A80320221
2025-07-09$17.63$15.0060.0%17.2%47.4%4.3%0.0%-9.6%-16.8%1.9K-388.4K-9370.00161.35N/AN/A40326221
2025-07-10$17.89$15.0076.4%21.9%47.2%9.4%0.0%9.0%-21.8%1.8K-412.7K-9330.00165.06N/AN/A30330221
2025-07-11$17.71$15.0061.6%17.7%46.2%4.8%0.0%5.5%2.7%1.9K-394.6K-1.0K1.00163.30N/AN/A22329221
2025-07-14$18.07$15.0076.4%21.9%45.8%9.4%0.0%43.3%-36.6%2.4K-429.2K-8830.00164.61N/AN/A20331223
2025-07-15$17.67$15.0057.5%16.5%46.9%3.6%45.5%46.8%10.7%2.0K-400.8K-9470.00161.23N/AN/A60333223
2025-07-16$18.50$15.0058.7%16.8%46.7%4.0%0.0%11.4%0.6%1.7K-444.0K-9230.00159.41N/AN/A00336223
2025-07-17$18.84$15.0042.4%12.1%42.2%0.0%32.9%15.2%29.6%2.1K-479.0K-8470.08152.35N/AN/A242336223
2025-07-18$18.76$15.0049.2%14.1%40.0%2.1%0.0%12.3%-1.6%1.3K-476.0K-9451.71153.42N/AN/A712334224
2025-07-21$18.70$15.0053.6%15.4%39.4%3.4%53.4%14.5%3.4%1.1K-417.0K-9890.02139.85N/AN/A471306225
2025-07-22$18.78$15.0080.8%23.2%38.8%11.6%0.0%7.5%-17.5%-42-436.4K-9510.00161.56N/AN/A01329226
2025-07-23$18.66$15.0069.2%19.8%38.6%8.1%75.0%-10.3%-19.5%1.5K-442.1K-9870.00160.28N/AN/A50329226
2025-07-24$18.74$15.0063.8%18.3%38.3%6.5%0.0%-32.5%13.4%1.2K-397.0K-9640.00161.63N/AN/A00309226
2025-07-25$18.38$15.0069.0%19.8%36.6%8.1%56.2%-22.7%-8.3%1.8K-367.0K-1.1K0.12152.48N/AN/A607309226
2025-07-28$17.96$16.0046.4%13.3%37.0%1.2%36.9%-11.8%40.6%1.3K-231.7K-1.1K2.00154.41N/AN/A510249233
2025-07-29$17.36$16.0059.9%17.2%37.5%5.3%33.6%-11.7%-12.8%2.3K-212.8K-1.1K0.00151.94N/AN/A270254223
2025-07-30$17.25$13.0042.5%12.2%37.4%0.0%47.7%2.1%15.4%2.6K-202.6K-9880.00143.47N/AN/A70250217
2025-07-31$17.54$13.0053.6%15.4%31.6%3.4%33.0%-1.1%26.9%2.5K-218.6K-1.1K0.00156.46N/AN/A10256217