DAVE Options History — August 2009

In August 2009, DAVE traded between $182.40 and $196.48. ATM implied volatility averaged 87.0%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 25.5%. IV traded above realized volatility by 38.5% (HV 20d: 48.4%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days.

Notable Days

  • 2009-08-11: Largest IV spike — 82.0% change
  • 2009-08-04: Highest IV Rank — 97.7%
  • 2009-08-04: Largest Expected Move — 52.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$188.68$182.40$196.48$194.56$184.00
ATM IV87.0%55.9%183.9%101.2%88.8%
Expected Move25.5%17.9%52.7%29.0%25.2%
HV 20d48.4%31.5%53.0%51.9%31.5%
HV 60d54.5%52.1%59.2%59.2%52.1%
IV Rank32.6%12.1%97.7%42.4%32.6%
IV Percentile48.4%12.7%99.2%79.8%59.9%
Term Structure-46.2%-117.5%2.6%-35.9%-100.0%
Bid-Ask Spread %148.49123.05181.34123.05180.89
Gamma HHI0.780.720.980.750.77
Net GEX1.5K1.1K1.9K1.3K1.4K
Net DEX-104.0K-117.8K-89.4K-117.2K-93.5K
Net VEX-328-371-152-364-327
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI14.71414151415

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-08-03$194.56$0.00101.2%29.0%51.9%42.4%0.0%0.0%-35.9%1.3K-117.2K-3640.00123.05N/AN/A00104
2009-08-04$196.48$0.00183.9%52.7%51.0%97.7%0.0%0.0%-32.3%1.2K-117.8K-3710.00180.82N/AN/A00104
2009-08-05$190.72$0.00112.6%32.3%49.0%50.0%0.0%0.0%-43.4%1.3K-105.4K-3710.00125.77N/AN/A00104
2009-08-06$182.72$0.0093.0%26.7%51.5%36.9%0.0%0.0%-37.9%1.6K-89.4K-3640.00124.33N/AN/A00104
2009-08-07$187.52$0.00110.9%18.8%52.4%48.8%0.0%0.0%-24.8%1.1K-107.7K-3630.00125.98N/AN/A00104
2009-08-10$186.88$0.0066.5%0.0%51.7%19.2%0.0%0.0%-89.4%1.6K-101.5K-3510.00180.70N/AN/A00104
2009-08-11$184.96$0.00121.0%17.9%51.5%55.6%0.0%0.0%1.1%1.5K-95.5K-3600.00123.31N/AN/A00105
2009-08-12$188.80$0.0066.1%0.0%50.7%18.9%0.0%0.0%-101.3%1.5K-101.9K-3500.00180.63N/AN/A00105
2009-08-13$192.00$0.0070.0%20.1%51.1%21.6%0.0%0.0%-10.2%1.4K-109.1K-3340.00125.87N/AN/A00105
2009-08-14$191.68$0.0071.2%20.4%51.1%22.3%0.0%0.0%-27.3%1.2K-107.5K-3610.00125.87N/AN/A00105
2009-08-17$188.80$0.0055.9%0.0%51.3%12.1%0.0%0.0%0.0%1.9K-112.9K-1520.00181.34N/AN/A00105
2009-08-18$182.40$0.0063.8%18.3%52.7%17.4%0.0%0.0%2.6%1.7K-89.7K-3360.00164.45N/AN/A00105
2009-08-19$183.04$0.0066.9%0.0%52.7%19.5%0.0%0.0%-110.9%1.6K-94.3K-3300.00180.89N/AN/A00105
2009-08-20$186.88$0.0065.4%0.0%53.0%18.5%0.0%0.0%-117.5%1.6K-99.5K-3240.00180.80N/AN/A00105
2009-08-21$187.84$0.0065.6%0.0%52.5%18.6%0.0%0.0%0.0%1.7K-100.5K-3250.00181.14N/AN/A00105
2009-08-24$189.44$0.0082.9%23.8%52.6%30.2%0.0%0.0%-28.4%1.6K-102.3K-3210.00126.87N/AN/A00105
2009-08-25$192.32$0.0082.6%23.7%46.5%29.9%0.0%0.0%-36.1%1.6K-110.6K-3080.00126.67N/AN/A00105
2009-08-26$190.40$0.0083.2%23.9%39.3%29.8%0.0%0.0%-22.0%1.6K-109.1K-2990.00125.91N/AN/A00105
2009-08-27$192.00$0.0086.3%24.8%36.3%30.9%0.0%0.0%-32.6%1.5K-111.0K-3040.00126.08N/AN/A00105
2009-08-28$188.80$0.0088.1%25.2%36.5%32.1%0.0%0.0%-31.4%1.8K-107.6K-2780.00126.83N/AN/A00105
2009-08-31$184.00$0.0088.8%0.0%31.5%32.6%0.0%0.0%-100.0%1.4K-93.5K-3270.00180.89N/AN/A00105