DAVE Options History — February 2023

In February 2023, DAVE traded between $8.18 and $9.88. ATM implied volatility averaged 187.7%, placing in the 28.3% IV rank vs the trailing year. The 30-day expected move averaged 45.2%. IV traded above realized volatility by 134.4% (HV 20d: 53.3%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-02-08: Highest Volume — 71 contracts
  • 2023-02-07: Largest IV spike — 81.4% change
  • 2023-02-01: Highest IV Rank — 44.3%
  • 2023-02-27: Largest Expected Move — 48.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.86$8.18$9.88$9.33$8.37
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV187.7%133.3%248.9%239.6%168.3%
Expected Move45.2%42.6%48.5%42.6%48.3%
HV 20d53.3%41.3%73.4%72.2%41.3%
HV 60d79.9%64.7%93.0%93.0%64.7%
IV Rank28.3%15.0%44.3%44.3%23.3%
IV Percentile44.6%22.6%70.6%65.9%35.3%
Term Structure-7.7%-10.6%-5.6%-5.6%-5.9%
Bid-Ask Spread %102.0138.36131.57108.20113.30
Gamma HHI0.970.940.990.990.96
Net GEX192124366366201
Net DEX-3.7M-5.4M-899.5K-5.1M-920.9K
Net VEX-28-35-24-35-27
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.26307100
Total OI4,189.6841,1895,6305,6301,189

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$9.33$2.50239.6%0.0%72.2%44.3%0.0%0.0%0.0%366-5.1M-350.00108.20N/AN/A005,442188
2023-02-02$9.80$2.50243.3%0.0%73.4%43.6%0.0%0.0%0.0%151-5.3M-250.00115.16N/AN/A005,442136
2023-02-03$9.88$2.50244.7%0.0%72.2%44.0%0.0%0.0%0.0%127-5.4M-240.0058.59N/AN/A1005,442136
2023-02-06$9.62$2.50136.9%0.0%63.7%15.8%0.0%0.0%0.0%135-5.2M-250.0038.36N/AN/A005,432136
2023-02-07$9.66$2.50248.3%0.0%57.0%42.1%0.0%0.0%0.0%124-5.2M-240.0085.25N/AN/A005,432136
2023-02-08$9.55$2.50248.9%0.0%57.5%42.2%0.0%0.0%0.0%129-5.2M-260.0047.00N/AN/A7105,432136
2023-02-09$9.32$2.50133.3%0.0%58.2%15.0%0.0%0.0%0.0%151-5.1M-260.0085.25N/AN/A005,432136
2023-02-10$9.04$2.50138.5%0.0%58.6%16.2%0.0%0.0%0.0%195-4.9M-290.0085.25N/AN/A005,432136
2023-02-13$8.60$2.50148.5%42.6%50.5%18.6%0.0%0.0%-5.6%260-4.7M-320.00122.82N/AN/A005,432136
2023-02-14$8.26$2.50226.2%43.6%44.7%36.9%0.0%0.0%-7.9%217-4.5M-340.00122.82N/AN/A005,432136
2023-02-15$8.55$2.50231.7%43.2%47.1%38.2%0.0%0.0%-6.3%185-4.6M-310.00122.82N/AN/A005,432136
2023-02-16$8.40$2.50196.1%43.8%46.2%29.8%0.0%0.0%-7.3%196-4.6M-320.00122.82N/AN/A005,432136
2023-02-17$8.51$2.50148.9%42.7%46.6%18.7%0.0%0.0%-10.6%189-4.6M-310.00131.57N/AN/A005,432136
2023-02-21$8.48$2.50156.2%44.8%45.2%20.4%0.0%0.0%-8.9%192-933.2K-260.00122.82N/AN/A001,10489
2023-02-22$8.30$2.50159.6%45.8%45.4%21.2%0.0%0.0%-7.4%204-913.0K-280.00114.80N/AN/A001,10485
2023-02-23$8.18$2.50161.6%46.3%45.2%21.7%0.0%0.0%-8.4%213-899.5K-280.00114.80N/AN/A001,10485
2023-02-24$8.21$2.50166.7%47.8%44.1%22.9%0.0%0.0%-8.3%208-902.8K-280.00113.30N/AN/A001,10485
2023-02-27$8.28$2.50169.0%48.5%43.8%23.4%0.0%0.0%-8.3%205-910.7K-270.00113.30N/AN/A001,10485
2023-02-28$8.37$2.50168.3%48.3%41.3%23.3%0.0%0.0%-5.9%201-920.9K-270.00113.30N/AN/A001,10485