DAVE Options History — February 2022

In February 2022, DAVE traded between $143.04 and $370.24. ATM implied volatility averaged 144.2%, placing in the 57.2% IV rank vs the trailing year. The 30-day expected move averaged 41.1%. IV traded below realized volatility by 158.1% (HV 20d: 302.3%). Max pain ranged from $320.00 to $400.00. Net GEX was positive for 11 of 16 trading days. Term structure was in contango for 5 of 16 days. Put/call ratio averaged 0.71.

Notable Days

2022-02-14: Highest Volume — 459 contracts
2022-02-07: Largest IV drop — 54.5% change
2022-02-04: Highest IV Rank — 100.0%
2022-02-04: Largest Expected Move — 73.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$231.12	$143.04	$370.24	$361.60	$143.04
Max Pain	$352.00	$320.00	$400.00	$400.00	$320.00
ATM IV	144.2%	105.2%	249.7%	249.7%	151.8%
Expected Move	41.1%	30.2%	73.2%	73.2%	43.5%
HV 20d	302.3%	282.4%	317.1%	282.7%	311.8%
HV 60d	182.0%	167.0%	190.8%	167.0%	190.8%
IV Rank	57.2%	41.5%	100.0%	100.0%	60.1%
IV Percentile	89.5%	79.8%	100.0%	100.0%	92.5%
Term Structure	-7.5%	-25.8%	17.9%	1.0%	-10.4%
VWIV	133.4%	88.1%	159.2%	113.8%	152.7%
Skew 25d	26.7%	-6.8%	106.3%	55.0%	15.3%
Skew 10d	37.4%	-9.2%	146.1%	146.1%	12.4%
Call IV 25d	135.8%	84.3%	164.8%	123.1%	164.8%
Put IV 25d	162.5%	112.5%	190.6%	178.1%	180.0%
Bid-Ask Spread %	54.12	26.20	95.50	95.50	32.39
Gamma HHI	0.51	0.26	0.98	0.98	0.30
Net GEX	6.6K	-166.3K	94.3K	0	17.7K
Net DEX	212.3K	-2.9M	1.4M	0	-101.4K
Net VEX	-5.5K	-9.4K	0	0	-6.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.71	0.00	1.69	0.00	0.89
Total Volume	123.625	13	459	13	25
Total OI	492.063	0	824	0	640

Daily Data (16 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-02-04	$361.60	$0.00	249.7%	73.2%	282.7%	100.0%	113.8%	0.0%	1.0%	0	0	0	0.00	95.50	N/A	N/A	13	0	0	0
2022-02-07	$352.96	$400.00	113.6%	31.3%	282.4%	44.9%	118.9%	55.0%	-5.9%	6.1K	-142.9K	-308	0.20	45.72	N/A	N/A	256	52	13	0
2022-02-08	$370.24	$400.00	157.7%	41.7%	283.2%	62.7%	88.1%	106.3%	17.9%	94.3K	-2.9M	-9.4K	0.25	52.22	N/A	N/A	133	34	222	32
2022-02-09	$336.32	$400.00	105.2%	30.2%	283.9%	41.5%	115.6%	-6.8%	-11.1%	57.8K	-867.8K	-7.5K	0.91	50.66	N/A	N/A	25	23	290	59
2022-02-10	$328.32	$400.00	124.2%	35.6%	282.5%	49.1%	122.2%	29.4%	-12.3%	57.2K	-425.2K	-7.4K	1.69	46.07	N/A	N/A	35	60	292	71
2022-02-11	$298.24	$400.00	128.5%	36.8%	282.4%	50.9%	121.2%	36.0%	-25.8%	13.6K	558.9K	-7.1K	0.93	59.44	N/A	N/A	30	28	316	119
2022-02-14	$187.52	$400.00	158.5%	45.4%	316.3%	63.0%	159.2%	7.1%	-23.2%	-2.5K	1.1M	-4.3K	0.57	41.77	N/A	N/A	293	166	315	122
2022-02-15	$191.04	$320.00	136.8%	39.2%	317.1%	54.2%	126.7%	31.1%	2.4%	-3.0K	1.4M	-6.5K	1.60	46.46	N/A	N/A	32	51	466	218
2022-02-16	$182.08	$320.00	126.8%	36.3%	316.1%	50.2%	127.0%	1.3%	-8.3%	5.3K	1.1M	-4.4K	0.10	58.08	N/A	N/A	235	23	484	237
2022-02-17	$168.00	$320.00	135.3%	38.8%	313.7%	53.6%	152.3%	29.1%	2.0%	-26.0K	850.8K	-8.3K	0.77	72.50	N/A	N/A	30	23	590	234
2022-02-18	$160.32	$320.00	143.1%	41.0%	313.1%	56.8%	155.4%	19.1%	2.4%	-166.3K	1.3M	-6.6K	1.10	65.56	N/A	N/A	22	24	592	231
2022-02-22	$160.32	$320.00	145.1%	41.6%	314.1%	57.6%	141.5%	36.7%	-5.5%	9.5K	576.7K	-4.7K	1.01	50.09	N/A	N/A	9	9	444	120
2022-02-23	$154.24	$320.00	131.4%	37.7%	312.2%	52.0%	135.7%	19.8%	-10.8%	8.1K	673.5K	-3.8K	1.16	66.76	N/A	N/A	9	10	446	118
2022-02-24	$148.80	$320.00	149.6%	42.9%	311.4%	59.4%	151.9%	9.9%	-15.6%	10.2K	463.5K	-4.8K	0.03	56.48	N/A	N/A	206	7	448	121
2022-02-25	$154.88	$320.00	149.5%	42.9%	313.7%	59.4%	152.4%	11.1%	-17.3%	22.6K	-80.3K	-6.5K	0.09	26.20	N/A	N/A	106	9	512	121
2022-02-28	$143.04	$320.00	151.8%	43.5%	311.8%	60.1%	152.7%	15.3%	-10.4%	17.7K	-101.4K	-6.8K	0.89	32.39	N/A	N/A	13	12	514	126