DAVE Options History — April 2023

In April 2023, DAVE traded between $5.53 and $6.22. ATM implied volatility averaged 265.0%, placing in the 46.0% IV rank vs the trailing year. The 30-day expected move averaged 76.0%. IV traded above realized volatility by 212.0% (HV 20d: 52.9%). 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

  • 2023-04-04: Highest Volume — 1 contracts
  • 2023-04-05: Largest IV drop — 38.4% change
  • 2023-04-28: Highest IV Rank — 69.4%
  • 2023-04-28: Largest Expected Move — 104.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.82$5.53$6.22$6.02$5.67
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV265.0%215.3%364.4%349.3%364.4%
Expected Move76.0%61.7%104.5%100.1%104.5%
HV 20d52.9%46.1%60.1%51.8%46.1%
HV 60d49.9%46.7%56.1%56.1%46.7%
IV Rank46.0%34.3%69.4%65.9%69.4%
IV Percentile68.2%47.2%92.5%91.3%92.5%
Term Structure-47.0%-124.5%-24.4%-75.8%-124.5%
Bid-Ask Spread %115.04106.20123.54106.20123.54
Gamma HHI0.570.500.700.500.61
Net GEX192152260213193
Net DEX-631.9K-676.2K-598.8K-654.3K-615.2K
Net VEX-12-17-7-17-9
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0530100
Total OI1,101.1051,1011,1021,1021,101

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$6.02$2.50349.3%100.1%51.8%65.9%0.0%0.0%-75.8%213-654.3K-170.00106.20N/AN/A001,1020
2023-04-04$5.92$2.50351.7%100.8%49.3%66.4%0.0%0.0%-77.2%218-643.0K-170.00111.20N/AN/A101,1020
2023-04-05$5.53$2.50216.8%62.1%53.1%34.7%0.0%0.0%-28.6%260-598.8K-150.00111.20N/AN/A001,1010
2023-04-06$5.75$2.50215.3%61.7%56.4%34.3%0.0%0.0%-24.7%221-623.6K-150.00111.20N/AN/A001,1010
2023-04-10$5.81$2.50223.9%64.2%54.5%36.3%0.0%0.0%-36.0%205-630.4K-130.00118.39N/AN/A001,1010
2023-04-11$5.89$2.50225.2%64.6%53.9%36.7%0.0%0.0%-35.2%191-639.4K-140.00118.39N/AN/A001,1010
2023-04-12$5.82$2.50229.7%65.8%53.9%37.7%0.0%0.0%-38.0%198-631.5K-130.00118.39N/AN/A001,1010
2023-04-13$6.22$2.50222.2%63.7%60.1%35.9%0.0%0.0%-24.4%174-676.2K-150.00118.39N/AN/A001,1010
2023-04-14$6.13$2.50227.5%65.2%59.6%37.2%0.0%0.0%-27.9%168-666.1K-140.00118.39N/AN/A001,1010
2023-04-17$6.07$2.50239.2%68.6%55.8%39.9%0.0%0.0%-32.9%159-659.5K-120.00117.44N/AN/A001,1010
2023-04-18$5.87$2.50247.5%71.0%55.1%41.9%0.0%0.0%-40.2%173-637.2K-120.00117.44N/AN/A001,1010
2023-04-19$5.98$2.50249.1%71.4%55.1%42.3%0.0%0.0%-38.4%157-649.5K-120.00118.39N/AN/A001,1010
2023-04-20$5.86$2.50257.0%73.7%54.7%44.1%0.0%0.0%-32.4%171-636.1K-110.00110.59N/AN/A001,1010
2023-04-21$5.76$2.50246.8%70.8%52.7%41.7%0.0%0.0%-37.3%187-625.0K-110.00117.44N/AN/A001,1010
2023-04-24$5.58$2.50282.2%80.9%50.8%50.1%0.0%0.0%-63.4%215-605.2K-90.00117.44N/AN/A001,1010
2023-04-25$5.62$2.50288.1%82.6%48.8%51.5%0.0%0.0%-48.4%219-609.4K-100.00110.59N/AN/A001,1010
2023-04-26$5.57$2.50295.6%84.7%47.5%53.2%0.0%0.0%-52.2%152-604.5K-70.00110.59N/AN/A001,1010
2023-04-27$5.54$2.50302.9%86.8%46.7%54.9%0.0%0.0%-55.5%170-601.1K-70.00110.59N/AN/A001,1010
2023-04-28$5.67$2.50364.4%104.5%46.1%69.4%0.0%0.0%-124.5%193-615.2K-90.00123.54N/AN/A001,1010