DAVE Options History — November 2009

In November 2009, DAVE traded between $180.48 and $199.04. ATM implied volatility averaged 59.2%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded above realized volatility by 17.1% (HV 20d: 42.1%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-11-24: Largest IV spike — 49.1% change
  • 2009-11-10: Highest IV Rank — 30.2%
  • 2009-11-05: Largest Expected Move — 20.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$192.46$180.48$199.04$197.44$191.36
Max Pain$80.00$80.00$80.00$80.00$80.00
ATM IV59.2%45.5%83.8%59.5%57.2%
Expected Move15.3%12.7%20.9%17.1%16.4%
HV 20d42.1%36.4%55.8%55.1%36.4%
HV 60d43.9%42.9%46.2%43.7%45.2%
IV Rank14.7%6.0%30.2%14.9%13.4%
IV Percentile16.9%2.8%52.0%14.3%15.1%
Term Structure-9.7%-30.1%9.2%-19.7%8.8%
Bid-Ask Spread %67.5326.51133.7928.7378.20
Gamma HHI0.780.610.870.780.71
Net GEX299232353315335
Net DEX1.3K-7.0K16.2K-7.0K13.0K
Net VEX-172-209-122-209-144
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume00000
Total OI8.058988

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-11-02$197.44$80.0059.5%17.1%55.1%14.9%0.0%0.0%-19.7%315-7.0K-2090.0028.73N/AN/A0053
2009-11-03$192.64$80.0057.3%16.4%55.8%13.5%0.0%0.0%-15.7%280-1.2K-1810.0026.51N/AN/A0053
2009-11-04$195.20$80.0062.4%17.9%44.5%16.7%0.0%0.0%-22.7%301-4.7K-1950.0028.87N/AN/A0053
2009-11-05$199.04$80.0073.0%20.9%45.0%23.4%0.0%0.0%-30.1%303-2.3K-1720.0059.43N/AN/A0053
2009-11-06$197.12$0.0067.4%12.7%40.4%19.9%0.0%0.0%-7.2%305-4.0K-1880.0098.03N/AN/A0053
2009-11-09$195.52$0.0073.8%13.5%40.5%23.9%0.0%0.0%-7.5%299-4.5K-1900.0084.39N/AN/A0053
2009-11-10$196.48$0.0083.8%14.0%40.5%30.2%0.0%0.0%-10.9%305-4.4K-1850.0085.71N/AN/A0053
2009-11-11$196.80$0.0078.6%12.9%40.3%27.0%0.0%0.0%-6.4%299-2.9K-1790.0083.94N/AN/A0053
2009-11-12$195.84$0.0046.4%13.3%40.2%6.6%0.0%0.0%-5.8%293-3.1K-1820.00133.79N/AN/A0053
2009-11-13$196.80$0.0046.3%13.3%38.0%6.5%0.0%0.0%-5.5%306-3.4K-1810.0058.28N/AN/A0053
2009-11-16$193.60$0.0061.8%17.7%38.3%16.3%0.0%0.0%-18.0%304-2.1K-1770.00113.00N/AN/A0053
2009-11-17$195.20$0.0048.1%13.8%38.2%7.7%0.0%0.0%-6.8%300-2.0K-1740.0065.67N/AN/A0053
2009-11-18$192.64$0.0048.7%14.0%36.7%8.1%0.0%0.0%9.2%293-1.0K-1660.0068.87N/AN/A0053
2009-11-19$182.40$0.0045.5%13.0%40.7%6.0%0.0%0.0%-11.0%2346.6K-1350.0064.28N/AN/A0053
2009-11-20$182.08$0.0051.2%14.7%39.9%9.6%0.0%0.0%-13.0%2329.9K-1220.0071.71N/AN/A0063
2009-11-23$181.44$0.0047.2%13.5%39.6%7.1%0.0%0.0%3.3%24716.2K-1240.0062.99N/AN/A0053
2009-11-24$180.48$0.0070.4%20.2%38.2%21.7%0.0%0.0%-11.6%3247.7K-1840.0082.08N/AN/A0053
2009-11-25$193.60$0.0054.1%15.5%47.1%11.5%0.0%0.0%-16.6%3537.6K-1810.0028.31N/AN/A0053
2009-11-27$193.60$0.0050.7%14.5%47.1%9.3%0.0%0.0%-6.8%3498.1K-1770.0027.87N/AN/A0053
2009-11-30$191.36$0.0057.2%16.4%36.4%13.4%0.0%0.0%8.8%33513.0K-1440.0078.20N/AN/A0053