DAVE Options History — September 2009

In September 2009, DAVE traded between $171.20 and $192.00. ATM implied volatility averaged 63.4%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 28.0% (HV 20d: 35.4%). Max pain ranged from $160.00 to $160.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-09-08: Highest Volume — 1 contracts
  • 2009-09-10: Largest IV drop — 34.5% change
  • 2009-09-08: Highest IV Rank — 42.0%
  • 2009-09-02: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$183.09$171.20$192.00$177.60$187.20
Max Pain$160.00$160.00$160.00$160.00$160.00
ATM IV63.4%50.0%104.5%64.6%62.1%
Expected Move17.2%14.3%22.8%22.8%17.8%
HV 20d35.4%28.6%42.1%33.1%39.4%
HV 60d46.7%41.4%52.7%52.5%41.4%
IV Rank12.1%1.5%42.0%14.0%9.9%
IV Percentile16.3%0.8%82.5%16.7%10.3%
Term Structure8.0%-22.6%114.8%-20.8%-2.1%
VWIV85.0%85.0%85.0%85.0%85.0%
Bid-Ask Spread %109.3969.89187.88181.8998.13
Gamma HHI0.870.770.980.850.93
Net GEX2.0K8402.7K2.0K1.7K
Net DEX-109.3K-142.3K-69.3K-84.7K-132.8K
Net VEX-223-292-127-292-140
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1430100
Total OI16.09515171516

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-09-01$177.60$0.0064.6%0.0%33.1%14.0%0.0%0.0%0.0%2.0K-84.7K-2920.00181.89N/AN/A00105
2009-09-02$172.48$0.0079.5%22.8%33.1%24.5%0.0%0.0%-20.8%2.4K-69.3K-2910.00129.18N/AN/A00105
2009-09-03$171.20$0.0071.1%0.0%29.9%18.6%0.0%0.0%0.0%2.0K-70.7K-2880.00182.37N/AN/A00105
2009-09-04$173.44$160.0080.9%18.9%28.6%25.4%0.0%0.0%5.2%2.1K-75.5K-2860.0098.46N/AN/A00105
2009-09-08$179.20$160.00104.5%18.8%31.4%42.0%0.0%0.0%5.3%2.4K-83.7K-2630.0083.44N/AN/A01105
2009-09-09$183.04$160.0076.3%21.9%32.3%22.2%85.0%0.0%-11.6%1.5K-98.3K-2720.0085.40N/AN/A10106
2009-09-10$188.16$160.0050.0%14.3%33.0%3.8%0.0%0.0%15.3%1.8K-119.2K-2290.0096.53N/AN/A00116
2009-09-11$185.28$160.0057.4%16.5%32.8%9.0%0.0%0.0%-1.4%2.0K-108.1K-2730.0097.92N/AN/A00116
2009-09-14$183.68$160.0068.5%19.6%32.9%16.8%0.0%0.0%3.9%1.7K-103.4K-2730.0097.87N/AN/A00116
2009-09-15$186.24$160.0053.8%15.4%32.9%6.4%0.0%0.0%114.8%1.7K-137.1K-1590.00187.88N/AN/A00116
2009-09-16$186.24$160.0051.4%14.7%30.4%4.8%0.0%0.0%15.2%2.3K-120.7K-2050.0070.95N/AN/A00116
2009-09-17$186.24$160.0052.3%15.0%30.4%2.9%0.0%0.0%13.6%2.3K-119.2K-2130.00101.10N/AN/A10116
2009-09-18$174.72$160.0066.6%19.1%37.2%13.2%0.0%0.0%-22.6%2.1K-84.3K-2820.00100.19N/AN/A00116
2009-09-21$182.72$160.0058.6%16.8%40.8%7.4%0.0%0.0%0.0%2.7K-114.1K-2080.00117.44N/AN/A00115
2009-09-22$184.00$160.0053.8%15.4%40.8%4.0%0.0%0.0%1.1%2.6K-117.3K-2070.0069.89N/AN/A00115
2009-09-23$184.64$160.0057.0%16.3%40.4%6.2%0.0%0.0%-4.1%2.5K-118.5K-1940.0097.51N/AN/A00115
2009-09-24$184.32$160.0055.8%16.0%40.3%5.4%0.0%0.0%-2.1%2.5K-118.9K-1880.00117.59N/AN/A00115
2009-09-25$190.72$160.0059.6%17.1%42.1%8.1%0.0%0.0%0.0%1.5K-136.6K-1630.00112.06N/AN/A00115
2009-09-28$191.68$160.0050.4%14.5%41.7%1.5%0.0%0.0%0.0%840-142.3K-1270.0074.16N/AN/A00115
2009-09-29$192.00$160.0058.3%16.7%40.5%7.2%0.0%0.0%0.0%987-141.0K-1280.0097.22N/AN/A00115
2009-09-30$187.20$160.0062.1%17.8%39.4%9.9%0.0%0.0%0.0%1.7K-132.8K-1400.0098.13N/AN/A00115