DAVE Options History — April 2022

In April 2022, DAVE traded between $128.32 and $232.64. ATM implied volatility averaged 117.9%, placing in the 46.3% IV rank vs the trailing year. The 30-day expected move averaged 33.0%. IV traded below realized volatility by 28.5% (HV 20d: 146.4%). Max pain ranged from $160.00 to $240.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.24.

Notable Days

  • 2022-04-25: Highest Volume — 132 contracts
  • 2022-04-07: Largest IV drop — 25.3% change
  • 2022-04-06: Highest IV Rank — 57.6%
  • 2022-04-25: Largest Expected Move — 37.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$170.03$128.32$232.64$215.36$128.32
Max Pain$172.00$160.00$240.00$160.00$160.00
ATM IV117.9%101.8%145.7%119.0%120.7%
Expected Move33.0%29.5%37.4%33.7%34.6%
HV 20d146.4%71.5%188.5%188.5%71.5%
HV 60d223.1%221.9%223.5%221.9%223.3%
IV Rank46.3%39.7%57.6%46.7%47.4%
IV Percentile78.3%72.6%90.5%77.8%79.8%
Term Structure1.1%-22.6%60.6%-8.3%-3.6%
VWIV125.5%105.7%213.1%117.9%213.1%
Skew 25d-30.4%-209.3%12.0%-5.9%-209.3%
Skew 10d-51.2%-227.0%5.3%-23.2%-227.0%
Call IV 25d131.1%114.2%263.0%126.5%263.0%
Put IV 25d100.7%53.7%126.2%120.6%53.7%
Bid-Ask Spread %59.7421.7582.1750.9580.47
Gamma HHI0.300.230.370.290.27
Net GEX20.9K3.6K63.3K40.5K3.6K
Net DEX-249.5K-1.9M524.1K-1.3M524.1K
Net VEX-6.7K-12.0K-3.4K-12.0K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.240.035.650.830.10
Total Volume37.8521322443
Total OI625.35428730703604

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$215.36$160.00119.0%33.7%188.5%46.7%117.9%-5.9%-8.3%40.5K-1.3M-12.0K0.8350.95N/AN/A1311537166
2022-04-04$231.68$160.00128.9%34.3%183.7%50.8%119.0%12.0%-4.4%63.3K-1.9M-11.9K0.6944.65N/AN/A117538162
2022-04-05$232.64$160.00129.3%33.3%183.7%50.9%120.5%-3.5%5.3%62.3K-1.8M-11.2K1.5743.42N/AN/A813539162
2022-04-06$208.00$160.00145.7%33.0%178.3%57.6%115.9%-7.6%-3.9%33.9K-724.1K-9.6K0.6255.25N/AN/A3723539169
2022-04-07$192.96$160.00108.9%31.4%180.0%42.6%122.6%-7.0%15.0%24.2K-308.3K-8.7K1.7361.85N/AN/A1017530166
2022-04-08$184.32$160.00101.8%29.5%180.4%39.7%113.2%-7.7%60.6%22.1K-208.1K-8.2K3.0550.63N/AN/A824533173
2022-04-11$176.00$160.00118.5%31.1%176.8%46.5%107.1%-11.2%16.2%18.1K274.1K-6.3K0.4464.71N/AN/A2310534184
2022-04-12$178.88$160.00111.0%32.7%175.5%43.5%118.5%-12.2%-3.2%19.9K158.1K-6.5K1.2070.14N/AN/A910548180
2022-04-13$171.52$160.00114.3%32.8%170.3%44.8%127.8%-25.6%-10.6%18.6K106.1K-6.6K1.4771.16N/AN/A710551179
2022-04-14$165.12$160.00110.8%31.8%167.0%43.4%118.7%-9.0%10.3%15.7K208.4K-5.6K3.7540.21N/AN/A520551173
2022-04-18$156.48$160.00110.7%31.7%137.1%43.4%115.7%-24.7%9.1%10.6K-172.9K-4.7K0.6762.68N/AN/A8635375
2022-04-19$158.72$160.00112.5%32.2%135.4%44.1%125.0%-31.6%-6.1%11.7K-213.2K-4.7K0.9170.02N/AN/A7635476
2022-04-20$159.68$160.00105.9%30.4%135.1%41.4%107.0%-33.9%-6.6%12.2K-379.4K-6.3K5.6570.99N/AN/A738388107
2022-04-21$155.20$240.00104.4%29.9%132.6%40.8%143.1%-26.0%5.5%11.8K59.0K-5.0K1.0221.75N/AN/A2930411130
2022-04-22$141.44$240.00128.3%36.8%134.5%50.5%105.7%-44.0%-18.1%7.1K172.3K-4.6K0.6934.95N/AN/A4632411130
2022-04-25$143.68$240.00130.3%37.4%129.5%51.4%133.4%-44.2%-22.6%8.4K93.1K-5.0K0.3066.71N/AN/A10131422130
2022-04-26$136.32$160.00114.9%32.9%124.6%45.1%126.1%-37.7%-4.9%12.3K69.9K-4.8K0.0972.06N/AN/A434471130
2022-04-27$130.56$160.00123.6%35.4%71.6%48.6%128.8%-43.8%-1.6%10.8K153.8K-4.6K0.0382.17N/AN/A20470130
2022-04-28$133.76$160.00118.8%34.1%72.6%46.7%131.4%-34.8%-5.6%10.9K155.4K-4.4K0.0780.04N/AN/A453471130
2022-04-29$128.32$160.00120.7%34.6%71.5%47.4%213.1%-209.3%-3.6%3.6K524.1K-3.4K0.1080.47N/AN/A394474130