DAT Options History — December 2025

In December 2025, DAT traded between $43.56 and $47.30. ATM implied volatility averaged 32.4%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 8.2% (HV 20d: 24.1%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2025-12-02: Highest Volume — 1 contracts
2025-12-10: Largest IV drop — 32.7% change
2025-12-08: Highest IV Rank — 26.6%
2025-12-01: Largest Expected Move — 12.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$45.66	$43.56	$47.30	$43.56	$44.86
Max Pain	$40.00	$40.00	$40.00	$40.00	$40.00
ATM IV	32.4%	25.5%	43.1%	42.5%	33.8%
Expected Move	8.6%	7.3%	12.2%	12.2%	9.7%
HV 20d	24.1%	17.7%	31.8%	30.3%	17.7%
HV 60d	24.7%	23.8%	25.6%	25.6%	24.5%
IV Rank	12.9%	4.2%	26.6%	25.7%	14.8%
IV Percentile	47.5%	11.1%	88.1%	86.5%	59.1%
Term Structure	-2.2%	-12.9%	4.5%	-12.9%	-6.8%
VWIV	41.5%	41.5%	41.5%	41.5%	41.5%
Skew 25d	1.8%	-4.0%	4.2%	3.2%	-0.6%
Skew 10d	7.2%	-5.3%	10.5%	5.2%	-5.3%
Call IV 25d	30.3%	25.1%	41.8%	41.8%	36.3%
Put IV 25d	32.1%	28.6%	45.0%	45.0%	35.7%
Bid-Ask Spread %	149.89	112.97	161.32	117.02	160.43
Gamma HHI	0.29	0.22	0.44	0.23	0.30
Net GEX	5.5K	0	10.0K	7.0K	0
Net DEX	-101.1K	-176.2K	0	-101.7K	0
Net VEX	-46	-151	0	-151	0
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.045	0	1	0	0
Total OI	31.455	0	47	47	0

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2025-12-01	$43.56	$40.00	42.5%	12.2%	30.3%	25.7%	0.0%	3.2%	-12.9%	7.0K	-101.7K	-151	117.02	N/A	N/A	0	47
2025-12-02	$44.77	$40.00	41.2%	11.8%	31.8%	24.2%	41.5%	-4.0%	-12.8%	7.3K	-121.2K	-147	112.97	N/A	N/A	1	47
2025-12-03	$45.31	$40.00	42.0%	12.0%	30.0%	25.1%	0.0%	-1.9%	-12.8%	7.2K	-133.6K	-127	115.11	N/A	N/A	0	46
2025-12-04	$45.72	$0.00	39.2%	7.4%	30.3%	21.5%	0.0%	2.2%	4.5%	7.6K	-145.6K	-88	151.13	N/A	N/A	0	46
2025-12-05	$45.66	$0.00	38.1%	7.6%	29.5%	20.2%	0.0%	3.2%	3.2%	7.5K	-144.6K	-93	151.82	N/A	N/A	0	46
2025-12-08	$46.45	$0.00	43.1%	8.2%	29.2%	26.6%	0.0%	3.3%	3.0%	7.0K	-158.9K	-77	146.26	N/A	N/A	0	46
2025-12-09	$47.30	$0.00	39.3%	7.6%	25.5%	21.7%	0.0%	2.5%	4.2%	8.5K	-175.4K	-59	149.05	N/A	N/A	0	46
2025-12-10	$47.27	$0.00	26.5%	7.6%	24.6%	5.5%	0.0%	4.2%	3.5%	7.0K	-176.2K	-61	150.94	N/A	N/A	0	46
2025-12-11	$46.90	$0.00	25.5%	7.3%	24.7%	4.2%	0.0%	4.0%	3.1%	7.4K	-171.6K	-59	149.51	N/A	N/A	0	46
2025-12-12	$46.55	$0.00	27.0%	7.7%	23.7%	6.1%	0.0%	3.7%	3.5%	7.8K	-174.1K	-26	152.24	N/A	N/A	0	46
2025-12-15	$45.47	$0.00	28.2%	8.1%	24.3%	7.7%	0.0%	3.1%	2.0%	8.6K	-145.0K	-42	155.86	N/A	N/A	0	46
2025-12-16	$45.28	$0.00	28.1%	8.0%	23.4%	7.5%	0.0%	2.6%	0.2%	9.1K	-137.9K	-44	155.81	N/A	N/A	0	46
2025-12-17	$45.10	$0.00	29.4%	8.4%	23.3%	9.1%	0.0%	4.1%	0.4%	10.0K	-135.7K	-26	155.87	N/A	N/A	0	46
2025-12-18	$45.45	$0.00	28.4%	8.1%	23.1%	7.9%	0.0%	3.9%	0.4%	9.5K	-150.6K	-14	155.63	N/A	N/A	0	46
2025-12-19	$45.58	$0.00	26.6%	7.6%	21.2%	5.7%	0.0%	2.8%	-0.6%	9.4K	-152.6K	-3	156.56	N/A	N/A	0	46
2025-12-22	$45.97	$0.00	27.9%	8.0%	20.3%	7.2%	0.0%	0.7%	-6.7%	0	0	0	158.62	N/A	N/A	0	0
2025-12-23	$45.56	$0.00	26.9%	7.7%	20.3%	6.0%	0.0%	1.3%	-5.1%	0	0	0	161.09	N/A	N/A	0	0
2025-12-24	$45.19	$0.00	29.5%	8.5%	20.5%	9.3%	0.0%	-0.5%	-0.4%	0	0	0	159.01	N/A	N/A	0	0
2025-12-26	$45.56	$0.00	27.3%	7.8%	19.9%	6.5%	0.0%	0.7%	-5.5%	0	0	0	160.02	N/A	N/A	0	0
2025-12-29	$45.34	$0.00	32.4%	9.3%	18.6%	13.0%	0.0%	-0.8%	-6.4%	0	0	0	161.21	N/A	N/A	0	0
2025-12-30	$45.72	$0.00	29.4%	8.4%	18.7%	9.2%	0.0%	2.6%	-6.0%	0	0	0	161.32	N/A	N/A	0	0
2025-12-31	$44.86	$0.00	33.8%	9.7%	17.7%	14.8%	0.0%	-0.6%	-6.8%	0	0	0	160.43	N/A	N/A	0	0