DAPP Options History — March 2026

In March 2026, DAPP traded between $13.90 and $17.28. ATM implied volatility averaged 104.0%, placing in the 41.3% IV rank vs the trailing year. The 30-day expected move averaged 27.1%. IV traded above realized volatility by 37.6% (HV 20d: 66.4%). Max pain ranged from $16.00 to $19.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.61.

Notable Days

  • 2026-03-03: Highest Volume — 413 contracts
  • 2026-03-11: Largest IV drop — 40.6% change
  • 2026-03-10: Highest IV Rank — 59.2%
  • 2026-03-31: Largest Expected Move — 38.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.16$13.90$17.28$16.52$14.91
Max Pain$17.45$16.00$19.00$17.00$17.00
ATM IV104.0%71.3%136.3%111.8%134.6%
Expected Move27.1%14.2%38.6%32.1%38.6%
HV 20d66.4%55.1%94.6%91.0%68.7%
HV 60d71.3%68.5%73.8%71.9%72.4%
IV Rank41.3%23.2%59.2%45.6%58.3%
IV Percentile68.8%24.6%94.0%81.0%93.3%
Term Structure-18.1%-62.8%38.2%-16.3%-42.6%
VWIV90.1%54.5%146.3%54.5%146.3%
Skew 25d11.9%-45.5%48.0%-45.3%6.8%
Skew 10d10.7%-34.8%72.8%-34.8%-0.6%
Call IV 25d104.6%76.2%141.1%113.8%141.1%
Put IV 25d116.5%68.5%153.9%68.5%147.9%
Bid-Ask Spread %103.8272.89139.61136.1992.51
Gamma HHI0.270.140.430.140.29
Net GEX4.3K-1.2K11.6K-8472.4K
Net DEX-92.0K-219.0K29.4K6.7K-24.3K
Net VEX-1.1K-1.4K-766-937-845
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.007.500.000.50
Total Volume36.909041343
Total OI714.818398922633450

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$16.52$17.00111.8%32.1%91.0%45.6%54.5%-45.3%-16.3%-8476.7K-9370.00136.19N/AN/A40318315
2026-03-03$15.94$17.00119.6%34.3%91.2%50.0%0.0%-45.5%11.4%-1.2K29.4K-9760.00139.61N/AN/A4130319315
2026-03-04$17.11$17.00124.8%35.8%94.6%52.8%129.9%-5.9%-35.4%3.6K-130.1K-1.4K0.00131.90N/AN/A890482315
2026-03-05$16.62$16.0097.0%21.9%91.7%37.4%0.0%18.7%8.3%5.4K-219.0K-1.4K0.00129.60N/AN/A10564315
2026-03-06$15.68$16.00123.4%25.7%79.1%52.0%94.4%19.8%-18.4%3.8K-63.0K-1.2K0.00130.13N/AN/A014565315
2026-03-09$16.19$17.00135.1%27.4%61.2%58.5%0.0%21.9%-17.6%3.8K-112.0K-1.3K0.00138.24N/AN/A00565323
2026-03-10$16.40$17.00136.3%25.3%58.5%59.2%0.0%19.7%-21.1%4.4K-134.4K-1.3K0.00131.73N/AN/A00565323
2026-03-11$16.60$17.0080.9%23.2%58.5%28.5%56.7%9.6%-4.3%4.7K-141.1K-1.3K0.00130.79N/AN/A010565333
2026-03-12$16.15$17.0095.6%20.6%56.8%36.7%0.0%21.3%-27.8%4.0K-105.4K-1.2K0.0096.41N/AN/A02565323
2026-03-13$16.33$17.00103.6%21.4%56.0%41.1%0.0%9.6%-62.8%4.5K-115.9K-1.1K0.0085.83N/AN/A02565321
2026-03-16$17.12$17.0090.8%22.2%56.0%34.0%0.0%37.3%-9.4%9.4K-158.6K-1.0K0.1586.13N/AN/A406564320
2026-03-17$17.28$17.0091.5%20.2%55.1%34.4%0.0%-8.5%-0.5%7.8K-216.2K-1.1K0.0093.45N/AN/A260576316
2026-03-18$16.76$17.0080.4%23.8%56.5%28.3%61.4%20.8%-8.0%11.2K-141.4K-1.1K7.5083.00N/AN/A860601316
2026-03-19$16.65$19.0093.9%22.1%56.5%35.7%0.0%24.8%12.5%11.6K-134.2K-1.1K0.0094.44N/AN/A10606316
2026-03-20$15.91$19.00101.8%36.9%58.7%40.1%0.0%48.0%-38.5%4.9K-95.2K-1.0K0.0088.90N/AN/A290606295
2026-03-23$16.77$19.0071.3%25.4%61.1%23.2%68.9%20.7%-6.4%3.5K-60.9K-9450.4089.53N/AN/A52280118
2026-03-24$16.12$19.0085.0%32.0%61.0%30.8%0.0%26.1%-17.1%2.7K-74.2K-9530.0072.89N/AN/A00282119
2026-03-25$16.43$19.0090.2%14.2%58.8%33.7%0.0%9.3%38.2%3.1K-52.2K-9120.0083.76N/AN/A10282119
2026-03-26$15.50$19.0093.2%26.7%62.2%35.3%108.7%-14.8%-56.9%2.0K-41.0K-8470.0984.56N/AN/A585283119
2026-03-27$14.65$17.00110.4%31.7%63.7%44.9%0.0%24.8%-30.5%2.7K-38.1K-8480.4880.08N/AN/A2110321117
2026-03-30$13.90$17.00117.8%33.8%63.8%49.0%0.0%43.5%-54.0%2.1K-2.9K-7660.0084.38N/AN/A20322127
2026-03-31$14.91$17.00134.6%38.6%68.7%58.3%146.3%6.8%-42.6%2.4K-24.3K-8450.5092.51N/AN/A21323127