DAVE Options History — February 2012

In February 2012, DAVE traded between $339.20 and $359.04. ATM implied volatility averaged 120.6%, placing in the 55.0% IV rank vs the trailing year. The 30-day expected move averaged 47.0%. IV traded above realized volatility by 92.7% (HV 20d: 27.9%). Max pain ranged from $320.00 to $320.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-02-09: Largest IV spike — 317.2% change
  • 2012-02-17: Highest IV Rank — 99.4%
  • 2012-02-17: Largest Expected Move — 56.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$348.53$339.20$359.04$341.12$349.44
Max Pain$320.00$320.00$320.00$320.00$320.00
ATM IV120.6%32.9%198.2%68.8%120.8%
Expected Move47.0%9.6%56.8%19.7%56.8%
HV 20d27.9%22.4%31.0%29.4%22.4%
HV 60d30.1%28.9%31.1%31.0%29.1%
IV Rank55.0%4.7%99.4%25.3%55.1%
IV Percentile73.7%6.0%99.6%65.5%83.7%
Term Structure-30.0%-64.8%119.6%86.2%-64.8%
Skew 25d21.5%-9.8%30.1%12.3%23.9%
Skew 10d13.2%4.4%22.9%12.6%8.7%
Call IV 25d40.7%34.5%58.3%34.5%43.4%
Put IV 25d62.3%46.8%71.2%46.8%67.3%
Bid-Ask Spread %157.17135.94163.99135.94158.71
Gamma HHI0.440.330.510.440.50
Net GEX-1.2K-1.8K-889-1.6K-935
Net DEX27.2K18.8K34.1K23.1K26.1K
Net VEX-365-419-244-251-342
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume00000
Total OI9.9910910

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-02-01$341.12$320.0068.8%19.7%29.4%25.3%0.0%12.3%86.2%-1.6K23.1K-2510.00135.94N/AN/A0009
2012-02-02$342.08$320.0033.6%9.6%29.1%5.1%0.0%-9.8%119.6%-1.7K18.8K-2440.00163.99N/AN/A0009
2012-02-03$339.20$0.0032.9%50.6%29.2%4.7%0.0%19.9%-45.5%-1.8K33.8K-4140.00158.95N/AN/A0019
2012-02-06$343.68$0.0054.5%51.2%29.5%17.1%0.0%19.9%-48.1%-1.5K34.1K-3930.00157.74N/AN/A0019
2012-02-07$351.04$0.0042.6%49.7%30.2%10.2%0.0%25.7%-47.5%-1.2K26.5K-3830.00157.11N/AN/A0019
2012-02-08$349.12$0.0043.4%50.9%30.4%10.7%0.0%19.1%-49.5%-1.3K32.3K-4190.00157.85N/AN/A0019
2012-02-09$348.16$0.00180.9%51.9%30.3%89.5%0.0%25.7%-51.2%-1.3K29.8K-3990.00158.74N/AN/A0019
2012-02-10$344.32$0.00187.4%53.7%30.7%93.3%0.0%21.2%-54.0%-1.5K32.1K-4150.00158.80N/AN/A0019
2012-02-13$353.28$0.00186.1%53.4%31.0%92.5%0.0%26.1%-56.5%-97926.4K-3870.00157.27N/AN/A0019
2012-02-14$348.80$0.00193.8%55.6%31.0%96.9%0.0%22.8%-59.9%-1.0K28.6K-3870.00156.83N/AN/A0019
2012-02-15$357.76$0.00187.1%53.6%29.0%93.1%0.0%26.9%-58.9%-89924.4K-3720.00156.50N/AN/A0019
2012-02-16$359.04$0.00188.7%54.1%28.6%94.0%0.0%25.8%-60.5%-88923.2K-3700.00156.31N/AN/A0019
2012-02-17$353.60$0.00198.2%56.8%28.8%99.4%0.0%25.2%-64.8%-91625.8K-3800.00158.25N/AN/A0019
2012-02-21$352.96$0.00109.3%0.0%25.6%48.5%0.0%24.2%0.0%-91925.2K-3590.00158.51N/AN/A0019
2012-02-22$349.76$0.00112.6%0.0%25.7%50.4%0.0%22.7%0.0%-93326.7K-3680.00157.90N/AN/A0019
2012-02-23$347.20$0.00114.2%0.0%25.5%51.3%0.0%30.1%0.0%-94826.8K-3560.00158.33N/AN/A0019
2012-02-24$348.80$0.00115.6%0.0%24.2%52.1%0.0%26.3%0.0%-93625.1K-3480.00158.88N/AN/A0019
2012-02-27$343.68$0.00120.9%0.0%24.8%55.1%0.0%20.0%0.0%-95728.7K-3530.00158.69N/AN/A0019
2012-02-28$347.52$0.00121.0%0.0%22.4%55.2%0.0%22.4%0.0%-94327.0K-3550.00158.03N/AN/A0019
2012-02-29$349.44$0.00120.8%0.0%22.4%55.1%0.0%23.9%0.0%-93526.1K-3420.00158.71N/AN/A0019