DAVE Options History — March 2023

In March 2023, DAVE traded between $5.72 and $8.33. ATM implied volatility averaged 215.8%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 61.9%. IV traded above realized volatility by 171.5% (HV 20d: 44.2%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2023-03-21: Highest Volume — 11 contracts
2023-03-29: Largest IV spike — 107.1% change
2023-03-31: Highest IV Rank — 63.7%
2023-03-31: Largest Expected Move — 97.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.86	$5.72	$8.33	$8.26	$6.14
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	215.8%	159.2%	340.2%	170.4%	340.2%
Expected Move	61.9%	45.6%	97.5%	48.9%	97.5%
HV 20d	44.2%	35.6%	54.6%	39.5%	53.2%
HV 60d	61.6%	56.3%	64.9%	64.7%	56.3%
IV Rank	34.4%	21.1%	63.7%	23.7%	63.7%
IV Percentile	52.3%	25.0%	90.9%	36.5%	90.9%
Term Structure	-32.9%	-157.3%	36.4%	-7.0%	-72.6%
Bid-Ask Spread %	110.89	97.30	124.49	113.30	106.20
Gamma HHI	0.75	0.51	1.00	0.97	0.51
Net GEX	234	81	268	207	216
Net DEX	-749.7K	-916.4K	-620.6K	-908.5K	-667.7K
Net VEX	-24	-30	-12	-27	-19
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.565	0	11	0	0
Total OI	1,121.565	1,102	1,189	1,189	1,102

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	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2023-03-01	$8.26	$2.50	170.4%	48.9%	39.5%	23.7%	0.0%	0.0%	-7.0%	207	-908.5K	-27	113.30	N/A	N/A	0	1,104	85
2023-03-02	$8.07	$2.50	173.2%	49.6%	38.6%	24.4%	0.0%	0.0%	-8.6%	225	-887.2K	-28	113.30	N/A	N/A	0	1,104	85
2023-03-03	$8.33	$2.50	171.9%	49.3%	35.6%	24.1%	0.0%	0.0%	-6.7%	205	-916.4K	-26	113.30	N/A	N/A	0	1,104	85
2023-03-06	$7.94	$2.50	178.8%	51.3%	37.7%	25.7%	0.0%	0.0%	-10.2%	229	-872.5K	-28	97.30	N/A	N/A	0	1,104	85
2023-03-07	$7.50	$2.50	183.7%	52.7%	40.8%	26.9%	0.0%	0.0%	-13.7%	261	-822.8K	-30	108.60	N/A	N/A	0	1,104	85
2023-03-08	$7.45	$2.50	185.3%	53.1%	40.3%	27.3%	0.0%	0.0%	-14.3%	263	-817.2K	-30	108.60	N/A	N/A	0	1,104	0
2023-03-09	$7.29	$2.50	187.8%	53.8%	40.5%	27.8%	0.0%	0.0%	-15.7%	267	-799.0K	-30	103.30	N/A	N/A	0	1,104	0
2023-03-10	$6.90	$2.50	192.0%	55.0%	42.9%	28.8%	0.0%	0.0%	-20.2%	262	-754.9K	-29	112.66	N/A	N/A	0	1,104	0
2023-03-13	$7.06	$2.50	188.6%	54.1%	44.5%	28.0%	0.0%	0.0%	-26.6%	263	-773.0K	-28	124.49	N/A	N/A	0	1,104	0
2023-03-14	$7.02	$2.50	196.6%	56.4%	42.3%	29.9%	0.0%	0.0%	-20.7%	267	-768.4K	-28	103.77	N/A	N/A	0	1,104	0
2023-03-15	$6.91	$2.50	196.8%	56.4%	40.9%	30.0%	0.0%	0.0%	-24.4%	261	-756.0K	-28	120.56	N/A	N/A	0	1,104	0
2023-03-16	$7.03	$2.50	199.5%	57.2%	38.8%	30.6%	0.0%	0.0%	-21.4%	268	-769.5K	-28	103.77	N/A	N/A	1	1,104	0
2023-03-17	$6.60	$2.50	204.4%	58.6%	43.2%	31.8%	0.0%	0.0%	-25.6%	249	-720.2K	-26	108.66	N/A	N/A	1	1,103	0
2023-03-20	$6.33	$2.50	210.0%	60.2%	43.3%	33.1%	0.0%	0.0%	-32.6%	232	-689.1K	-23	113.29	N/A	N/A	0	1,102	0
2023-03-21	$6.45	$2.50	210.7%	60.4%	44.8%	33.2%	0.0%	0.0%	-32.1%	235	-702.1K	-22	111.89	N/A	N/A	11	1,102	0
2023-03-22	$6.27	$2.50	214.3%	61.4%	45.0%	34.1%	0.0%	0.0%	-36.3%	228	-682.4K	-22	116.56	N/A	N/A	0	1,102	0
2023-03-23	$6.51	$2.50	213.7%	61.3%	48.6%	33.9%	0.0%	0.0%	-34.5%	237	-709.4K	-23	116.12	N/A	N/A	0	1,102	0
2023-03-24	$6.18	$2.50	284.2%	81.5%	50.3%	50.5%	0.0%	0.0%	-69.5%	224	-672.3K	-20	115.45	N/A	N/A	0	1,102	0
2023-03-27	$5.91	$2.50	288.3%	82.6%	50.6%	51.5%	0.0%	0.0%	-73.4%	228	-641.9K	-18	111.00	N/A	N/A	0	1,102	0
2023-03-28	$5.72	$2.50	159.2%	45.6%	49.8%	21.1%	0.0%	0.0%	36.4%	243	-620.6K	-17	115.89	N/A	N/A	0	1,102	0
2023-03-29	$5.85	$2.50	329.7%	94.5%	52.0%	61.3%	0.0%	0.0%	-69.0%	232	-635.1K	-18	106.20	N/A	N/A	0	1,102	0
2023-03-30	$6.03	$2.50	284.0%	81.4%	54.6%	50.5%	0.0%	0.0%	-157.3%	81	-656.0K	-12	106.20	N/A	N/A	0	1,102	0
2023-03-31	$6.14	$2.50	340.2%	97.5%	53.2%	63.7%	0.0%	0.0%	-72.6%	216	-667.7K	-19	106.20	N/A	N/A	0	1,102	0