DAPP Options History — November 2025

In November 2025, DAPP traded between $15.97 and $24.62. ATM implied volatility averaged 95.0%, placing in the 36.3% IV rank vs the trailing year. The 30-day expected move averaged 25.8%. IV traded above realized volatility by 25.7% (HV 20d: 69.3%). Max pain ranged from $16.00 to $19.00. Net GEX was positive for 9 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 10.18.

Notable Days

  • 2025-11-20: Highest Volume — 761 contracts
  • 2025-11-20: Largest IV spike — 76.1% change
  • 2025-11-20: Highest IV Rank — 73.8%
  • 2025-11-20: Largest Expected Move — 46.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.47$15.97$24.62$24.62$19.27
Max Pain$16.47$16.00$19.00$19.00$16.00
ATM IV95.0%71.3%162.7%71.3%85.1%
Expected Move25.8%19.6%46.7%20.4%24.4%
HV 20d69.3%59.1%75.3%64.8%75.3%
HV 60d58.8%51.1%64.8%51.1%64.7%
IV Rank36.3%23.2%73.8%23.2%30.9%
IV Percentile61.2%29.4%97.2%29.4%54.0%
Term Structure-7.3%-50.7%16.8%-8.4%-48.5%
VWIV72.0%46.9%123.7%70.0%56.3%
Skew 25d5.7%-27.5%69.2%-0.8%69.2%
Skew 10d41.3%-64.7%144.3%27.0%-15.9%
Call IV 25d84.5%58.6%109.1%86.7%58.6%
Put IV 25d90.3%54.2%140.3%85.9%127.7%
Bid-Ask Spread %130.01115.58150.91147.94132.18
Gamma HHI0.240.130.390.270.35
Net GEX-1.1K-16.1K12.4K12.4K-16.0K
Net DEX-145.8K-646.0K504.6K-646.0K-181.0K
Net VEX-2.0K-2.8K-1.4K-2.2K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.180.0594.130.9550.00
Total Volume73.158076143102
Total OI1,157.5268521,7688521,758

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$24.62$19.0071.3%20.4%64.8%23.2%70.0%-0.8%-8.4%12.4K-646.0K-2.2K0.95147.94N/AN/A2221549303
2025-11-04$23.09$19.0083.8%24.0%68.6%30.1%0.0%2.2%-24.0%10.0K-461.6K-2.0K0.15150.91N/AN/A335555303
2025-11-05$23.68$19.0086.5%24.8%68.9%31.6%84.2%8.4%-9.7%11.0K-580.1K-2.1K4.71147.17N/AN/A733571308
2025-11-06$22.08$16.0080.7%19.6%72.2%28.4%60.9%7.8%14.0%8.9K-491.8K-2.1K3.13119.36N/AN/A825572326
2025-11-07$22.11$16.0092.0%21.4%69.5%34.7%79.2%-6.9%-4.8%5.5K-421.5K-1.8K2.79115.58N/AN/A2467572351
2025-11-10$21.87$16.0096.5%20.3%66.7%37.2%69.1%3.4%-8.6%7.5K-410.1K-2.0K15.50121.57N/AN/A231570356
2025-11-11$20.52$16.00108.7%20.7%69.0%43.9%75.8%5.6%-1.1%4.7K-311.4K-2.0K0.20124.75N/AN/A51571379
2025-11-12$20.16$16.0072.4%20.8%67.4%23.8%66.6%5.5%-3.0%3.0K-240.6K-1.9K0.90124.86N/AN/A2926573380
2025-11-13$18.08$16.0099.9%28.6%73.6%39.0%99.9%5.9%-9.6%313-80.9K-2.0K1.00124.64N/AN/A44575406
2025-11-14$17.64$16.0078.3%22.4%73.2%27.1%56.4%-17.4%-14.8%-2.7K8.6K-1.7K0.08124.19N/AN/A484572410
2025-11-17$16.92$16.0089.6%25.7%69.7%33.3%63.5%-27.5%5.5%-6.6K77.4K-1.5K0.05140.95N/AN/A221580415
2025-11-18$17.36$16.0083.9%24.1%71.1%30.2%123.7%-24.5%16.4%-1.6K222-1.8K3.33128.97N/AN/A310601415
2025-11-19$16.78$16.0092.4%26.5%68.4%34.9%58.7%-13.0%11.6%-3.9K62.7K-1.6K0.40131.49N/AN/A52602415
2025-11-20$16.08$16.00162.7%46.7%66.2%73.8%59.2%18.9%-50.7%-44344.0K-1.7K94.13128.71N/AN/A8753602417
2025-11-21$15.97$16.00128.6%36.9%59.1%54.9%76.5%16.9%-36.1%-14.0K504.6K-2.7K0.21128.72N/AN/A3886001,168
2025-11-24$17.40$16.00110.3%31.6%68.4%44.8%77.3%-3.4%9.6%-16.1K187.9K-2.6K5.50120.60N/AN/A2115511,181
2025-11-25$17.58$16.00107.6%30.8%69.2%43.3%0.0%-2.4%7.3%-13.4K104.4K-2.6K0.00125.91N/AN/A005521,191
2025-11-26$18.73$16.0074.0%21.2%75.0%24.7%46.9%61.3%16.8%-10.0K64.7K-2.8K0.13131.63N/AN/A2335521,191
2025-11-28$19.27$16.0085.1%24.4%75.3%30.9%56.3%69.2%-48.5%-16.0K-181.0K-1.4K50.00132.18N/AN/A21005641,194