DAVE Options History — July 2009

In July 2009, DAVE traded between $183.04 and $218.88. ATM implied volatility averaged 90.5%, placing in the 35.6% IV rank vs the trailing year. The 30-day expected move averaged 24.9%. IV traded above realized volatility by 32.8% (HV 20d: 57.7%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-07-29: Highest Volume — 1 contracts
  • 2009-07-24: Largest IV spike — 133.6% change
  • 2009-07-24: Highest IV Rank — 100.0%
  • 2009-07-08: Largest Expected Move — 28.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$194.37$183.04$218.88$203.20$206.40
ATM IV90.5%69.8%187.4%96.1%84.8%
Expected Move24.9%21.7%28.9%27.6%24.3%
HV 20d57.7%35.4%71.0%70.1%47.1%
HV 60d71.8%55.1%94.6%94.6%58.8%
IV Rank35.6%21.7%100.0%39.5%31.4%
IV Percentile59.1%35.3%100.0%72.2%54.0%
Term Structure-24.6%-86.2%7.3%-35.3%-29.9%
Bid-Ask Spread %121.26103.33180.69103.33121.46
Gamma HHI0.760.650.920.720.70
Net GEX1.2K8341.9K9701.0K
Net DEX-117.1K-157.2K-100.3K-132.6K-136.3K
Net VEX-394-442-258-431-356
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0450100
Total OI1414141414

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$203.20$0.0096.1%27.6%70.1%39.5%0.0%0.0%-35.3%970-132.6K-4310.00103.33N/AN/A00104
2009-07-02$196.48$0.0099.5%28.5%70.8%41.8%0.0%0.0%-38.6%1.1K-118.5K-4420.00140.73N/AN/A00104
2009-07-06$197.44$0.0085.2%24.4%68.9%32.1%0.0%0.0%-11.3%1.3K-117.0K-4170.00111.17N/AN/A00104
2009-07-07$192.00$0.0085.6%24.5%69.4%32.4%0.0%0.0%-6.7%1.2K-112.0K-4290.00111.30N/AN/A00104
2009-07-08$183.04$0.00100.9%28.9%71.0%42.8%0.0%0.0%-32.0%1.2K-104.4K-4170.00109.22N/AN/A00104
2009-07-09$183.68$0.0069.8%0.0%69.8%21.7%0.0%0.0%7.3%1.2K-104.8K-4170.00174.02N/AN/A00104
2009-07-10$184.32$0.0097.4%27.9%69.8%40.4%0.0%0.0%-27.7%1.3K-100.3K-4210.00104.34N/AN/A00104
2009-07-13$188.80$0.0088.9%25.5%68.5%34.6%0.0%0.0%-13.6%1.3K-105.4K-4240.00107.70N/AN/A00104
2009-07-14$185.92$0.0089.1%25.5%68.7%34.8%0.0%0.0%-14.5%1.3K-103.5K-4130.00111.93N/AN/A00104
2009-07-15$192.00$0.0085.3%24.4%69.0%32.2%0.0%0.0%-14.1%1.4K-109.7K-4100.00110.78N/AN/A00104
2009-07-16$192.00$0.0086.4%24.8%65.3%33.0%0.0%0.0%-11.8%1.3K-112.0K-4060.00110.78N/AN/A00104
2009-07-17$192.00$0.0087.6%25.1%57.6%33.8%0.0%0.0%-17.4%1.3K-111.8K-4080.00110.78N/AN/A00104
2009-07-20$191.04$0.0076.8%22.0%48.1%26.5%0.0%0.0%-25.4%1.3K-111.5K-3970.00119.33N/AN/A00104
2009-07-21$191.68$0.0075.5%21.7%47.1%25.6%0.0%0.0%-24.7%1.4K-109.6K-3950.00118.63N/AN/A00104
2009-07-22$191.36$0.0076.9%22.1%46.1%26.5%0.0%0.0%-25.7%1.3K-111.8K-3910.00119.76N/AN/A00104
2009-07-23$188.16$0.0080.2%23.0%46.8%28.8%0.0%0.0%-28.4%988-112.4K-3900.00119.76N/AN/A00104
2009-07-24$192.00$0.00187.4%0.0%43.7%100.0%0.0%0.0%-86.2%1.9K-123.0K-2580.00180.69N/AN/A00104
2009-07-27$192.00$0.0083.6%24.0%35.4%30.6%0.0%0.0%-20.6%1.4K-110.0K-3810.00119.95N/AN/A00104
2009-07-28$205.44$0.0081.3%23.3%41.8%29.1%0.0%0.0%-26.4%1.1K-133.8K-3640.00121.28N/AN/A00104
2009-07-29$218.88$0.0092.2%26.4%46.0%36.3%0.0%0.0%-29.6%834-157.2K-3420.00118.95N/AN/A10104
2009-07-30$208.32$0.0081.3%23.3%48.6%29.1%0.0%0.0%-27.8%1.0K-138.7K-3620.00121.86N/AN/A00104
2009-07-31$206.40$0.0084.8%24.3%47.1%31.4%0.0%0.0%-29.9%1.0K-136.3K-3560.00121.46N/AN/A00104