DAVE Options History — December 2009

In December 2009, DAVE traded between $179.20 and $193.60. ATM implied volatility averaged 54.0%, placing in the 11.4% IV rank vs the trailing year. The 30-day expected move averaged 14.2%. IV traded above realized volatility by 17.4% (HV 20d: 36.5%). Max pain ranged from $240.00 to $240.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-12-07: Largest IV spike — 40.0% change
  • 2009-12-07: Highest IV Rank — 27.1%
  • 2009-12-03: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$188.09$179.20$193.60$192.32$193.60
Max Pain$240.00$240.00$240.00$240.00$240.00
ATM IV54.0%41.3%78.8%57.7%55.8%
Expected Move14.2%11.8%17.0%16.5%16.0%
HV 20d36.5%30.3%40.5%36.4%33.0%
HV 60d44.0%42.0%45.7%45.1%42.1%
IV Rank11.4%3.3%27.1%13.7%12.6%
IV Percentile14.3%2.8%43.3%16.3%18.7%
Term Structure-6.1%-26.2%14.0%-19.9%-12.8%
VWIV54.0%54.0%54.0%54.0%54.0%
Bid-Ask Spread %47.6517.5098.1534.1919.63
Gamma HHI0.720.600.790.600.75
Net GEX261179347347218
Net DEX18.5K2.8K23.1K2.8K22.1K
Net VEX-88-190-56-190-69
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume00000
Total OI88888

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-12-01$192.32$0.0057.7%16.5%36.4%13.7%0.0%0.0%-19.9%3472.8K-1900.0034.19N/AN/A0053
2009-12-02$192.32$0.0056.0%16.0%35.3%12.6%0.0%0.0%-14.5%27617.7K-1070.0034.95N/AN/A0053
2009-12-03$188.16$0.0059.4%17.0%35.8%14.8%0.0%0.0%-22.9%24820.0K-890.0029.85N/AN/A0053
2009-12-04$192.00$240.0056.3%12.0%35.8%12.8%0.0%0.0%13.6%29517.4K-1030.0098.15N/AN/A0053
2009-12-07$185.60$240.0078.8%15.8%37.5%27.1%0.0%0.0%-26.2%28916.8K-1220.0074.39N/AN/A0053
2009-12-08$190.08$240.0068.9%11.8%38.6%20.8%0.0%0.0%14.0%27218.8K-920.0058.74N/AN/A0053
2009-12-09$192.96$240.0076.4%12.5%39.0%25.5%0.0%0.0%9.1%30217.3K-990.0058.30N/AN/A0053
2009-12-10$191.36$240.0049.7%14.2%39.1%8.7%0.0%0.0%-5.3%30617.5K-1000.0067.44N/AN/A0053
2009-12-11$190.40$240.0042.5%12.2%39.1%4.1%0.0%0.0%12.1%27119.1K-870.0062.15N/AN/A0053
2009-12-14$184.32$240.0044.4%12.7%40.5%5.3%0.0%0.0%8.7%23021.1K-780.0055.50N/AN/A0053
2009-12-15$182.40$240.0059.1%16.9%40.3%14.6%0.0%0.0%-22.9%28816.7K-1170.0056.52N/AN/A0053
2009-12-16$184.32$240.0053.9%15.5%40.4%11.3%0.0%0.0%-14.8%27717.6K-1080.0054.02N/AN/A0053
2009-12-17$182.40$240.0045.5%13.0%40.3%6.0%0.0%0.0%-8.0%22721.0K-740.0074.88N/AN/A0053
2009-12-18$183.68$240.0050.2%14.4%35.5%9.0%0.0%0.0%-3.0%23121.0K-760.0060.60N/AN/A0053
2009-12-21$179.20$240.0041.3%11.8%36.6%3.3%0.0%0.0%12.5%17923.1K-580.0056.61N/AN/A0053
2009-12-22$184.00$240.0043.4%12.4%37.8%4.7%0.0%0.0%6.0%20122.4K-580.0058.33N/AN/A0053
2009-12-23$190.08$240.0046.6%13.4%39.3%6.7%0.0%0.0%-11.7%25320.6K-640.0019.91N/AN/A0053
2009-12-24$188.16$240.0046.7%13.4%30.3%6.8%54.0%0.0%-12.8%24320.8K-620.0018.66N/AN/A0053
2009-12-28$189.12$240.0050.3%14.4%30.4%9.1%0.0%0.0%-12.6%25517.8K-600.0018.83N/AN/A0053
2009-12-29$192.64$240.0054.0%15.5%30.9%11.4%0.0%0.0%-15.8%29117.1K-620.0017.50N/AN/A0053
2009-12-30$188.80$240.0050.1%14.4%31.7%8.9%0.0%0.0%-6.4%24118.2K-560.0019.10N/AN/A0053
2009-12-31$193.60$240.0055.8%16.0%33.0%12.6%0.0%0.0%-12.8%21822.1K-690.0019.63N/AN/A0053