DAVE Options History — June 2008

In June 2008, DAVE traded between $246.40 and $283.20. ATM implied volatility averaged 47.6%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 21.1% (HV 20d: 26.5%). Max pain ranged from $320.00 to $320.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-06-02: Highest Volume — 1 contracts
  • 2008-06-05: Largest IV spike — 28.9% change
  • 2008-06-05: Highest IV Rank — 28.0%
  • 2008-06-05: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$260.28$246.40$283.20$283.20$246.40
Max Pain$320.00$320.00$320.00$320.00$320.00
ATM IV47.6%39.5%56.7%39.5%53.6%
Expected Move14.0%11.3%16.3%11.3%15.4%
HV 20d26.5%22.1%29.2%28.5%24.4%
HV 60d44.0%31.4%52.8%52.8%31.4%
IV Rank18.9%14.8%28.0%15.9%21.9%
IV Percentile70.2%44.8%93.3%44.8%88.1%
Term Structure0.8%-28.4%16.8%16.8%-7.5%
Skew 25d3.9%-12.2%17.9%2.8%-5.8%
Skew 10d4.4%-8.1%14.8%3.0%-8.1%
Call IV 25d44.7%35.7%59.3%38.4%59.3%
Put IV 25d48.6%37.8%54.9%41.2%53.5%
Bid-Ask Spread %81.5216.31106.2250.4598.44
Gamma HHI0.350.340.410.410.35
Net GEX232-121369-121263
Net DEX65.2K32.3K80.9K63.9K80.8K
Net VEX-520-693-373-682-373
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480110
Total OI14.09514151514

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-06-02$283.20$320.0039.5%11.3%28.5%15.9%0.0%2.8%16.8%-12163.9K-6820.0050.45N/AN/A1087
2008-06-03$276.80$320.0044.6%12.8%29.2%19.6%0.0%-1.6%-15.5%12258.1K-6930.0016.31N/AN/A0087
2008-06-04$271.04$320.0044.0%12.6%29.2%19.1%0.0%-1.6%-11.7%13858.5K-6120.0050.29N/AN/A0086
2008-06-05$269.12$320.0056.7%16.3%29.1%28.0%0.0%-12.2%-28.4%36932.3K-6850.0033.78N/AN/A0086
2008-06-06$266.88$320.0045.2%15.4%28.9%19.7%0.0%17.9%-1.0%16660.6K-5870.0065.32N/AN/A0086
2008-06-09$263.36$320.0045.5%15.1%28.8%19.9%0.0%15.6%-1.2%18967.7K-5600.0064.70N/AN/A0086
2008-06-10$262.72$320.0042.7%13.6%28.3%17.7%0.0%11.3%8.6%25562.9K-5280.0055.72N/AN/A0086
2008-06-11$261.44$320.0043.1%14.5%28.2%17.4%0.0%11.6%2.2%24362.6K-5360.0064.37N/AN/A0086
2008-06-12$261.76$320.0047.3%13.5%24.0%17.0%0.0%8.8%6.8%29355.8K-5490.00103.17N/AN/A0086
2008-06-13$264.32$320.0047.5%13.6%24.7%17.2%0.0%15.2%11.9%25559.0K-5490.00106.22N/AN/A0086
2008-06-16$268.48$320.0044.4%12.7%22.1%14.8%0.0%11.8%16.2%27352.7K-5690.00102.95N/AN/A0086
2008-06-17$256.32$320.0046.5%13.3%24.8%16.5%0.0%3.5%8.0%32459.4K-5080.00102.74N/AN/A0086
2008-06-18$259.52$320.0044.3%12.7%25.5%14.8%0.0%7.8%16.0%31956.7K-5380.00104.69N/AN/A0086
2008-06-19$257.28$320.0051.3%14.7%25.1%20.1%0.0%3.9%-1.3%27571.3K-4690.00105.53N/AN/A0086
2008-06-20$250.56$320.0048.6%13.9%25.7%18.1%0.0%-0.5%1.5%33473.5K-4400.00105.60N/AN/A0086
2008-06-23$249.60$320.0048.9%14.0%25.7%18.3%0.0%-2.2%0.6%23477.9K-4230.0097.86N/AN/A0086
2008-06-24$249.92$320.0055.0%15.8%25.9%22.9%0.0%1.3%-6.6%18977.3K-4250.0092.02N/AN/A0086
2008-06-25$250.88$320.0052.1%14.9%26.2%20.7%0.0%-1.4%-3.3%22077.1K-4230.0096.87N/AN/A0086
2008-06-26$246.40$320.0052.3%15.0%26.1%20.9%0.0%-2.7%-2.3%22780.5K-3820.0095.71N/AN/A0086
2008-06-27$249.92$320.0045.8%13.1%25.9%15.9%0.0%-1.6%7.2%30280.9K-3960.0099.13N/AN/A0086
2008-06-30$246.40$320.0053.6%15.4%24.4%21.9%0.0%-5.8%-7.5%26380.8K-3730.0098.44N/AN/A0086