DAVE Options History — February 2013

In February 2013, DAVE traded between $301.12 and $325.76. ATM implied volatility averaged 48.3%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 13.8%. IV traded above realized volatility by 19.8% (HV 20d: 28.5%). Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-02-06: Largest IV spike — 181.9% change
  • 2013-02-04: Highest IV Rank — 52.0%
  • 2013-02-04: Largest Expected Move — 32.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$309.68$301.12$325.76$304.64$314.88
ATM IV48.3%13.6%114.7%110.6%40.9%
Expected Move13.8%3.9%32.9%31.7%11.7%
HV 20d28.5%21.3%35.2%22.3%32.5%
HV 60d27.2%24.9%29.4%26.4%29.0%
IV Rank17.1%0.0%52.0%49.7%14.7%
IV Percentile27.9%0.0%59.9%57.9%31.3%
Term Structure36.0%-24.5%129.1%112.5%-23.1%
Skew 25d8.2%-93.0%113.0%-64.3%25.7%
Skew 10d-23.8%-133.3%120.2%-1.8%120.2%
Call IV 25d107.1%36.9%199.8%194.0%133.6%
Put IV 25d115.3%29.9%168.9%129.6%159.2%
Bid-Ask Spread %159.13100.84165.22161.03165.22
Gamma HHI0.350.250.550.250.27
Net GEX339-7321.8K-7321.1K
Net DEX-70.6K-109.3K-3.0K-88.0K-109.3K
Net VEX-923-1.2K-459-1.1K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume00000
Total OI2525252525

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-02-01$304.64$0.00110.6%31.7%22.3%49.7%0.0%-64.3%112.5%-732-88.0K-1.1K0.00161.03N/AN/A001411
2013-02-04$304.96$0.00114.7%32.9%21.3%52.0%0.0%47.2%125.7%-516-91.7K-1.0K0.00162.01N/AN/A001411
2013-02-05$310.40$0.0038.3%11.0%22.0%8.6%0.0%6.6%117.4%-383-93.5K-1.0K0.00160.10N/AN/A001411
2013-02-06$306.88$0.00107.8%30.9%22.2%48.1%0.0%-64.4%126.6%-337-87.9K-1.0K0.00162.58N/AN/A001411
2013-02-07$312.96$0.0028.0%8.0%23.2%2.8%0.0%1.5%128.6%-425-96.1K-1.0K0.00161.41N/AN/A001411
2013-02-08$311.68$0.0029.2%8.4%22.8%3.5%0.0%4.5%129.1%-354-95.1K-1.0K0.00163.16N/AN/A001411
2013-02-11$312.64$0.0044.5%12.8%22.5%12.2%0.0%51.3%6.3%258-24.0K-5360.00161.75N/AN/A001411
2013-02-12$312.32$0.0030.6%8.8%22.4%4.3%0.0%8.0%15.5%-405-16.4K-8390.00163.63N/AN/A001411
2013-02-13$325.76$0.0013.6%3.9%26.8%0.0%0.0%-93.0%7.3%958-93.7K-8120.00158.66N/AN/A001411
2013-02-14$309.44$0.0033.5%9.6%33.0%10.7%0.0%25.5%8.9%1.4K-75.4K-8970.00159.71N/AN/A001411
2013-02-15$301.12$0.0039.6%11.3%34.1%14.0%0.0%-13.4%-14.5%925-96.5K-1.2K0.00160.94N/AN/A001411
2013-02-19$307.84$0.0036.0%10.3%35.0%12.1%0.0%6.4%-2.3%495-51.4K-8700.00100.84N/AN/A001411
2013-02-20$308.16$0.0038.4%11.0%35.0%13.4%0.0%13.1%-1.6%352-17.5K-5350.00164.18N/AN/A001411
2013-02-21$305.28$0.0041.4%11.9%35.2%15.0%0.0%14.9%-7.6%265-14.0K-5320.00162.36N/AN/A001411
2013-02-22$304.64$0.0042.8%12.3%35.0%15.7%0.0%113.0%13.1%149-3.0K-4590.00163.31N/AN/A001411
2013-02-25$303.04$0.0047.3%13.6%31.9%18.2%0.0%23.1%-24.5%924-87.5K-1.2K0.00163.92N/AN/A001411
2013-02-26$313.60$0.0039.6%11.4%32.6%14.1%0.0%25.2%-18.2%1.0K-107.7K-1.2K0.00164.11N/AN/A001411
2013-02-27$313.60$0.0040.8%11.7%32.6%14.7%0.0%25.2%-14.7%1.8K-93.0K-9150.00164.62N/AN/A001411
2013-02-28$314.88$0.0040.9%11.7%32.5%14.7%0.0%25.7%-23.1%1.1K-109.3K-1.2K0.00165.22N/AN/A001411