DAVE Options History — August 2022

In August 2022, DAVE traded between $16.00 and $26.88. ATM implied volatility averaged 266.7%, placing in the 55.8% IV rank vs the trailing year. The 30-day expected move averaged 74.8%. IV traded above realized volatility by 118.6% (HV 20d: 148.0%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.16.

Notable Days

2022-08-11: Highest Volume — 374 contracts
2022-08-12: Largest IV drop — 30.4% change
2022-08-09: Highest IV Rank — 72.5%
2022-08-11: Largest Expected Move — 94.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.90	$16.00	$26.88	$20.48	$16.96
Max Pain	$80.00	$80.00	$80.00	$80.00	$80.00
ATM IV	266.7%	209.2%	337.3%	222.9%	328.7%
Expected Move	74.8%	47.9%	94.9%	63.9%	94.2%
HV 20d	148.0%	128.0%	178.7%	128.2%	141.2%
HV 60d	142.5%	128.5%	148.3%	146.0%	131.7%
IV Rank	55.8%	42.2%	72.5%	45.5%	70.4%
IV Percentile	92.6%	85.7%	98.0%	91.3%	96.8%
Term Structure	-8.4%	-119.6%	111.3%	91.7%	-20.7%
VWIV	318.7%	185.8%	385.1%	351.9%	380.3%
Skew 25d	-59.7%	-289.7%	50.8%	-264.1%	50.8%
Skew 10d	-57.5%	-289.6%	72.9%	-264.1%	50.8%
Call IV 25d	252.2%	124.5%	290.4%	265.1%	124.5%
Put IV 25d	192.6%	0.8%	269.5%	1.0%	175.3%
Bid-Ask Spread %	30.30	2.19	87.08	2.19	38.60
Gamma HHI	0.80	0.61	0.96	0.96	0.95
Net GEX	359	0	1.8K	0	0
Net DEX	16.9K	-162.1K	104.4K	90.3K	33.4K
Net VEX	-364	-1.5K	-19	-28	-20
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.16	0.00	2.22	0.03	0.89
Total Volume	43.609	2	374	85	25
Total OI	897.391	597	1,192	871	615

Daily Data (23 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
2022-08-01	$20.48	$80.00	222.9%	63.9%	128.2%	45.5%	351.9%	-264.1%	91.7%	0	90.3K	-28	0.03	2.19	N/A	N/A	82	3	827	44
2022-08-02	$20.48	$80.00	233.1%	66.8%	128.0%	47.9%	385.1%	-1.3%	87.7%	238	41.6K	-346	0.08	2.76	N/A	N/A	33	3	866	45
2022-08-03	$23.04	$80.00	260.0%	74.5%	134.8%	54.2%	340.2%	-12.7%	74.9%	1.3K	-91.5K	-1.1K	0.07	2.91	N/A	N/A	43	3	886	45
2022-08-04	$24.96	$80.00	232.8%	62.0%	136.7%	47.8%	258.2%	0.7%	-13.3%	1.6K	-134.8K	-1.4K	0.04	5.35	N/A	N/A	75	3	918	45
2022-08-05	$24.96	$80.00	242.0%	89.0%	136.1%	50.0%	297.2%	-3.4%	-76.3%	1.8K	-162.1K	-1.5K	0.11	87.08	N/A	N/A	26	3	970	46
2022-08-08	$23.04	$80.00	282.5%	77.6%	137.5%	59.5%	307.8%	-47.7%	-53.3%	1.3K	-76.3K	-1.1K	0.09	43.05	N/A	N/A	21	2	972	46
2022-08-09	$22.40	$80.00	337.3%	47.9%	130.2%	72.5%	185.8%	-2.5%	111.3%	287	29.3K	-417	0.05	5.27	N/A	N/A	18	1	979	46
2022-08-10	$22.72	$80.00	314.0%	90.0%	129.9%	67.0%	327.8%	-12.5%	-87.4%	0	104.4K	-33	0.01	16.28	N/A	N/A	42	0	986	46
2022-08-11	$26.88	$80.00	330.9%	94.9%	141.4%	71.0%	331.9%	10.6%	-75.9%	390	22.9K	-538	0.00	40.44	N/A	N/A	373	1	1,015	46
2022-08-12	$20.16	$80.00	230.4%	66.0%	177.9%	47.2%	0.0%	-51.2%	60.6%	0	93.8K	-38	0.02	21.74	N/A	N/A	165	3	1,145	47
2022-08-15	$19.20	$80.00	239.2%	68.6%	178.4%	49.3%	0.0%	0.0%	69.2%	0	95.3K	-37	0.03	20.78	N/A	N/A	11	0	1,105	50
2022-08-16	$19.84	$80.00	209.2%	60.0%	178.7%	42.2%	0.0%	-72.3%	52.6%	658	961	-786	0.02	12.97	N/A	N/A	6	0	1,104	50
2022-08-17	$19.52	$80.00	229.7%	65.9%	164.5%	47.1%	0.0%	-64.1%	55.9%	670	-1.3K	-741	0.02	36.40	N/A	N/A	5	0	1,105	50
2022-08-18	$18.88	$80.00	250.4%	71.8%	163.1%	51.9%	0.0%	-6.0%	0.0%	0	94.0K	-37	0.01	32.56	N/A	N/A	5	0	1,103	50
2022-08-19	$18.24	$80.00	253.0%	72.5%	155.3%	52.6%	0.0%	-54.6%	-66.7%	0	90.5K	-37	0.01	35.13	N/A	N/A	10	0	1,103	50
2022-08-22	$16.32	$80.00	260.6%	74.7%	157.5%	54.4%	0.0%	0.0%	-14.6%	0	14.7K	-19	0.00	33.72	N/A	N/A	7	0	588	9
2022-08-23	$16.00	$80.00	264.3%	75.8%	150.9%	55.2%	0.0%	-91.1%	-49.2%	0	14.5K	-19	0.00	35.62	N/A	N/A	4	0	588	9
2022-08-24	$16.64	$80.00	273.2%	78.3%	146.1%	57.3%	312.6%	-289.7%	-20.6%	0	15.1K	-19	0.01	47.02	N/A	N/A	4	0	589	9
2022-08-25	$17.60	$80.00	232.1%	66.5%	148.3%	47.6%	0.0%	-96.8%	-23.8%	0	16.0K	-19	2.22	41.28	N/A	N/A	5	11	591	9
2022-08-26	$16.96	$80.00	287.2%	82.3%	147.0%	60.6%	0.0%	-100.0%	-93.9%	0	33.9K	-20	0.03	45.25	N/A	N/A	2	0	593	20
2022-08-29	$16.32	$80.00	306.7%	87.9%	146.8%	65.3%	345.8%	-70.5%	-74.4%	0	32.6K	-20	0.01	46.59	N/A	N/A	6	0	594	20
2022-08-30	$16.00	$80.00	313.7%	89.9%	146.8%	66.9%	0.0%	-75.2%	-119.6%	0	31.6K	-20	0.00	43.99	N/A	N/A	2	0	596	20
2022-08-31	$16.96	$80.00	328.7%	94.2%	141.2%	70.4%	380.3%	50.8%	-20.7%	0	33.4K	-20	0.89	38.60	N/A	N/A	13	12	595	20