DAVE Options History — January 2010

In January 2010, DAVE traded between $190.72 and $208.00. ATM implied volatility averaged 59.4%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 28.9% (HV 20d: 30.5%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2010-01-14: Largest IV drop — 76.3% change
  • 2010-01-13: Highest IV Rank — 64.0%
  • 2010-01-29: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$200.39$190.72$208.00$190.72$200.00
ATM IV59.4%32.5%137.2%60.8%61.2%
Expected Move11.5%8.6%17.5%11.7%17.5%
HV 20d30.5%27.6%33.3%32.5%33.3%
HV 60d36.0%32.5%37.6%37.4%33.4%
IV Rank16.0%0.0%64.0%15.7%17.8%
IV Percentile26.9%0.0%94.4%26.6%31.3%
Term Structure5.4%-19.9%21.7%9.8%-19.9%
Bid-Ask Spread %43.6417.7379.0478.4919.15
Gamma HHI0.810.730.890.730.77
Net GEX371191538191478
Net DEX5.3K-12.7K22.7K22.7K-10.6K
Net VEX-97-126-64-64-117
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume00000
Total OI6.1583984

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-01-04$190.72$0.0060.8%11.7%32.5%15.7%0.0%0.0%9.8%19122.7K-640.0078.49N/AN/A0053
2010-01-05$194.24$0.0066.1%11.1%32.4%19.0%0.0%0.0%14.1%22222.0K-660.0077.02N/AN/A0053
2010-01-06$192.96$0.0071.8%11.5%29.8%22.7%0.0%0.0%10.9%24620.9K-750.0077.02N/AN/A0053
2010-01-07$197.76$0.0081.0%12.4%29.9%28.5%0.0%0.0%7.1%31018.8K-840.0079.04N/AN/A0053
2010-01-08$201.60$0.0068.4%9.5%30.2%20.5%0.0%0.0%17.6%28318.7K-850.0054.16N/AN/A0053
2010-01-11$200.96$0.0085.2%8.6%30.0%31.1%0.0%0.0%21.7%28019.9K-770.0018.84N/AN/A0053
2010-01-12$203.20$0.0099.8%10.2%30.0%40.4%0.0%0.0%10.8%28220.9K-750.0078.47N/AN/A0053
2010-01-13$198.08$0.00137.2%12.5%29.0%64.0%0.0%0.0%-10.9%26614.1K-760.0055.04N/AN/A0053
2010-01-14$205.76$0.0032.5%9.3%30.9%0.0%0.0%0.0%16.4%3759.9K-1000.0054.49N/AN/A0063
2010-01-15$203.84$0.0035.7%10.2%31.4%2.0%0.0%0.0%13.2%36011.3K-970.0053.56N/AN/A0063
2010-01-19$200.64$0.0035.7%10.2%31.8%2.0%0.0%0.0%12.9%349-3.3K-890.0019.08N/AN/A0021
2010-01-20$201.60$0.0036.9%10.6%31.8%2.8%0.0%0.0%12.6%467-7.0K-1140.0018.03N/AN/A0031
2010-01-21$200.96$0.0039.3%11.3%30.0%4.2%0.0%0.0%-3.8%452-6.5K-1120.0019.06N/AN/A0031
2010-01-22$199.04$0.0049.1%14.1%29.4%10.3%0.0%0.0%-11.7%449-6.9K-1140.0017.73N/AN/A0031
2010-01-25$201.28$0.0040.1%11.5%27.6%4.7%0.0%0.0%-5.2%487-10.0K-1190.0019.08N/AN/A0031
2010-01-26$199.04$0.0052.9%15.2%27.7%12.7%0.0%0.0%-14.3%475-9.8K-1190.0017.73N/AN/A0031
2010-01-27$208.00$0.0037.2%10.7%31.3%2.9%0.0%0.0%7.7%537-12.7K-1260.0054.88N/AN/A0031
2010-01-28$207.68$0.0037.8%10.8%30.9%3.3%0.0%0.0%13.5%538-12.2K-1250.0018.24N/AN/A0031
2010-01-29$200.00$0.0061.2%17.5%33.3%17.8%0.0%0.0%-19.9%478-10.6K-1170.0019.15N/AN/A0031