DAPP Options History — October 2025

In October 2025, DAPP traded between $22.08 and $26.59. ATM implied volatility averaged 77.3%, placing in the 26.5% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 22.3% (HV 20d: 55.1%). Max pain ranged from $18.00 to $24.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.28.

Notable Days

  • 2025-10-06: Highest Volume — 327 contracts
  • 2025-10-06: Largest IV spike — 32.8% change
  • 2025-10-13: Highest IV Rank — 51.2%
  • 2025-10-30: Largest Expected Move — 23.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.57$22.08$26.59$22.08$24.23
Max Pain$19.61$18.00$24.00$18.00$19.00
ATM IV77.3%61.8%121.9%80.5%66.0%
Expected Move19.3%16.4%23.2%23.1%18.9%
HV 20d55.1%40.8%67.6%45.8%66.3%
HV 60d47.4%42.3%53.3%42.3%51.1%
IV Rank26.5%17.9%51.2%28.3%20.3%
IV Percentile37.4%18.3%86.1%42.1%21.4%
Term Structure-0.8%-16.9%18.7%-14.5%18.7%
VWIV63.7%40.3%82.6%62.1%65.8%
Skew 25d11.2%-2.9%35.6%7.0%3.6%
Skew 10d27.2%-5.2%57.1%28.5%11.8%
Call IV 25d65.2%39.9%89.6%89.6%78.8%
Put IV 25d76.4%59.8%96.7%96.7%82.4%
Bid-Ask Spread %139.40126.71149.21145.63146.39
Gamma HHI0.370.130.760.480.25
Net GEX9.8K-2.9K32.0K-2.9K11.3K
Net DEX-521.0K-887.2K-322.4K-322.4K-622.5K
Net VEX-1.4K-2.2K-531-747-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.002.400.000.17
Total Volume44.609232727
Total OI687.478459941459847

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-10-01$22.08$18.0080.5%23.1%45.8%28.3%0.0%7.0%-14.5%-2.9K-322.4K-7470.00145.63N/AN/A20199260
2025-10-02$23.25$18.0061.8%17.7%44.7%17.9%62.1%15.7%9.5%2.0K-380.8K-5521.10148.16N/AN/A1011199260
2025-10-03$23.63$18.0063.1%18.1%44.3%18.7%45.3%7.9%4.2%-1.3K-381.8K-5710.00140.03N/AN/A240200269
2025-10-06$24.63$24.0083.9%16.7%45.2%30.2%58.8%9.6%1.6%2.1K-454.2K-5310.01146.01N/AN/A3234214269
2025-10-07$24.88$22.0080.6%16.4%41.7%28.4%0.0%7.9%-1.4%7.6K-497.5K-1.0K0.06142.06N/AN/A171342273
2025-10-08$25.31$22.0086.5%16.8%40.9%31.6%0.0%8.6%2.9%11.1K-567.1K-7140.00144.52N/AN/A30339273
2025-10-09$25.81$22.0091.6%17.5%40.8%34.5%60.4%3.3%-8.9%19.6K-538.9K-6290.00141.10N/AN/A60333273
2025-10-10$24.29$22.0099.7%17.1%48.6%38.9%63.8%0.3%15.1%7.8K-433.1K-1.1K0.05126.71N/AN/A442338273
2025-10-13$25.48$19.00121.9%18.5%50.2%51.2%0.0%28.8%-4.1%11.8K-524.8K-1.1K0.00139.95N/AN/A80351280
2025-10-14$25.85$19.0086.2%18.7%49.9%31.5%0.0%35.6%-5.1%16.7K-545.3K-1.1K0.00142.37N/AN/A2320358280
2025-10-15$26.59$19.0063.6%18.2%50.0%19.0%48.4%-2.9%10.5%32.0K-887.2K-1.5K0.37132.30N/AN/A5721576280
2025-10-16$24.98$19.0066.5%19.1%56.3%20.6%40.3%4.8%-6.8%23.4K-703.3K-1.9K0.00129.55N/AN/A190626301
2025-10-17$24.05$19.0065.9%18.9%58.5%20.2%81.5%5.0%5.0%10.0K-500.0K-1.5K0.07134.93N/AN/A272640301
2025-10-20$25.23$19.0069.9%20.0%60.3%22.4%70.1%26.0%0.8%8.3K-539.1K-2.0K1.00128.91N/AN/A88411284
2025-10-21$24.24$19.0072.8%20.9%61.2%24.1%58.7%6.5%2.1%8.6K-471.1K-1.9K0.50133.04N/AN/A126416291
2025-10-22$22.56$19.0075.1%21.5%67.0%25.3%74.8%3.6%-16.9%3.7K-346.0K-1.7K2.40134.12N/AN/A512420288
2025-10-23$23.42$19.0069.3%19.9%65.3%22.1%71.9%12.9%-2.1%5.6K-421.6K-1.8K0.40141.86N/AN/A104424300
2025-10-24$24.93$19.0073.5%21.1%67.6%24.4%82.6%8.4%-10.8%8.9K-517.0K-1.9K0.00139.91N/AN/A300434300
2025-10-27$25.64$19.0074.3%21.3%64.9%24.9%68.1%31.1%0.8%10.0K-616.7K-2.0K0.20139.34N/AN/A51457300
2025-10-28$25.38$19.0071.2%20.4%65.2%23.2%74.0%11.6%1.6%10.2K-613.6K-2.1K0.03138.70N/AN/A331458301
2025-10-29$24.94$19.0073.6%21.1%65.7%24.5%52.0%7.0%-8.1%11.0K-583.1K-2.1K0.00141.43N/AN/A100486301
2025-10-30$23.75$19.0081.0%23.2%66.2%28.6%68.3%15.9%-13.4%9.0K-516.0K-2.0K0.02149.21N/AN/A601486301
2025-10-31$24.23$19.0066.0%18.9%66.3%20.3%65.8%3.6%18.7%11.3K-622.5K-2.2K0.17146.39N/AN/A61545302