DAVE Options History — May 2022

In May 2022, DAVE traded between $64.32 and $123.52. ATM implied volatility averaged 128.5%, placing in the 45.2% IV rank vs the trailing year. The 30-day expected move averaged 36.9%. IV traded above realized volatility by 10.7% (HV 20d: 117.8%). Max pain ranged from $80.00 to $160.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.46.

Notable Days

  • 2022-05-10: Highest Volume — 169 contracts
  • 2022-05-09: Largest IV spike — 73.8% change
  • 2022-05-10: Highest IV Rank — 63.0%
  • 2022-05-24: Largest Expected Move — 42.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.49$64.32$123.52$122.88$73.60
Max Pain$102.86$80.00$160.00$160.00$80.00
ATM IV128.5%74.6%168.5%126.5%132.6%
Expected Move36.9%26.1%42.1%36.3%38.0%
HV 20d117.8%53.7%151.0%70.2%150.3%
HV 60d153.9%136.2%223.3%223.3%146.9%
IV Rank45.2%20.2%63.0%49.8%46.6%
IV Percentile82.7%57.1%97.6%81.3%86.9%
Term Structure-7.3%-23.8%48.2%-13.8%-17.7%
VWIV138.8%121.6%181.2%181.2%132.8%
Skew 25d-14.1%-96.7%41.9%-96.7%-11.0%
Skew 10d-38.8%-105.7%11.0%-105.7%-28.8%
Call IV 25d140.5%81.4%169.9%169.9%138.9%
Put IV 25d126.4%73.2%148.1%73.2%127.9%
Bid-Ask Spread %51.829.6279.9259.1646.24
Gamma HHI0.440.250.530.250.44
Net GEX5.0K468.3K4.0K7.3K
Net DEX173.4K-225.0K514.4K514.4K-187.9K
Net VEX-3.2K-4.3K-2.5K-3.6K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.041.430.150.82
Total Volume42.429111694311
Total OI594.048374744606382

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$122.88$160.00126.5%36.3%70.2%49.8%181.2%-96.7%-13.8%4.0K514.4K-3.6K0.1559.16N/AN/A376474132
2022-05-03$123.52$160.00126.6%36.3%60.7%48.3%137.2%-48.8%-21.2%7.6K243.0K-4.3K0.0513.22N/AN/A764471129
2022-05-04$121.28$160.00112.2%32.2%59.4%37.3%135.1%-2.0%-17.3%4.4K438.8K-3.5K0.099.62N/AN/A505472129
2022-05-05$112.96$160.0076.6%26.1%53.7%21.1%122.5%41.9%48.2%5.0K430.9K-3.5K0.0429.41N/AN/A1456479129
2022-05-06$103.36$160.0074.6%30.2%55.4%20.2%121.6%-43.2%11.3%3.8K378.6K-3.6K0.2574.66N/AN/A4611516130
2022-05-09$84.80$160.00129.6%35.6%81.1%45.3%132.8%18.0%-23.4%421401.4K-3.5K0.1134.68N/AN/A394525132
2022-05-10$72.64$80.00168.5%38.2%90.9%63.0%133.0%-14.1%-6.3%46461.4K-2.7K0.0558.27N/AN/A1618526132
2022-05-11$64.32$80.00144.3%41.4%92.0%52.0%153.5%-10.6%-6.9%3.9K445.8K-2.5K0.7576.20N/AN/A97572130
2022-05-12$74.24$80.00140.5%40.3%115.1%50.2%142.2%-6.9%-17.8%2.7K391.1K-2.8K0.2761.92N/AN/A3610574129
2022-05-13$92.48$80.00135.9%39.0%147.9%48.1%146.3%5.4%-13.4%5.8K-171.3K-4.0K0.1179.92N/AN/A546595125
2022-05-16$82.24$80.00130.8%37.5%151.0%45.8%146.2%-16.3%-10.0%3.3K271.0K-3.5K0.4458.92N/AN/A157610126
2022-05-17$82.88$80.00127.7%36.6%150.7%44.4%137.8%-22.5%-5.7%8.3K51.0K-3.9K0.5876.87N/AN/A116616126
2022-05-18$77.76$80.00127.5%36.5%150.4%44.3%131.6%-19.1%-1.1%3.7K202.1K-3.6K0.6974.58N/AN/A107617126
2022-05-19$73.92$80.00135.3%38.8%150.5%47.9%143.8%-15.7%0.1%6.6K350.7K-3.2K0.7668.32N/AN/A118617126
2022-05-20$73.28$80.00125.3%35.9%149.3%43.3%123.9%-9.2%3.3%6.6K351.5K-3.1K1.1056.66N/AN/A89620124
2022-05-23$72.64$80.00146.4%42.0%148.5%52.9%157.0%-13.7%-23.8%5.9K-179.6K-2.7K1.4315.63N/AN/A5733143
2022-05-24$70.08$80.00146.9%42.1%148.3%53.1%144.9%-7.5%-20.3%5.8K-158.6K-2.7K0.5356.42N/AN/A8433243
2022-05-25$70.08$80.00140.6%40.3%148.7%50.2%140.6%-3.6%-4.3%6.0K-162.4K-2.7K0.4378.33N/AN/A10433443
2022-05-26$72.64$80.00126.0%36.1%149.4%43.6%127.0%-5.1%-9.8%7.2K-225.0K-2.9K0.4715.93N/AN/A10533443
2022-05-27$73.60$80.00123.9%35.5%150.1%42.6%124.4%-16.5%-4.5%7.2K-206.1K-2.8K0.4743.24N/AN/A10533843
2022-05-31$73.60$80.00132.6%38.0%150.3%46.6%132.8%-11.0%-17.7%7.3K-187.9K-2.7K0.8246.24N/AN/A6533943