DAVE Options History — April 2024

In April 2024, DAVE traded between $33.22 and $47.99. ATM implied volatility averaged 100.0%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 27.7%. IV traded below realized volatility by 279.8% (HV 20d: 379.8%). Max pain ranged from $20.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.98.

Notable Days

  • 2024-04-25: Highest Volume — 308 contracts
  • 2024-04-04: Largest IV spike — 22.7% change
  • 2024-04-30: Highest IV Rank — 14.1%
  • 2024-04-30: Largest Expected Move — 35.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.91$33.22$47.99$36.08$43.89
Max Pain$27.05$20.00$40.00$40.00$40.00
ATM IV100.0%83.6%124.1%87.7%124.1%
Expected Move27.7%21.5%35.6%25.1%35.6%
HV 20d379.8%61.8%590.4%588.6%89.9%
HV 60d343.1%342.5%344.7%343.1%344.7%
IV Rank7.6%3.3%14.1%4.3%14.1%
IV Percentile8.2%1.6%18.7%2.8%18.7%
Term Structure-3.6%-31.5%24.7%4.2%-31.5%
VWIV104.3%71.0%127.1%71.0%127.1%
Skew 25d10.2%-12.2%30.8%6.6%-1.2%
Skew 10d40.6%7.6%99.8%28.8%24.0%
Call IV 25d109.3%84.1%135.7%123.7%135.7%
Put IV 25d119.5%101.3%147.9%130.3%134.5%
Bid-Ask Spread %98.8189.33110.02106.7997.81
Gamma HHI0.730.470.810.780.48
Net GEX40.3K24.5K82.4K27.5K75.5K
Net DEX-1.8M-6.1M-599.3K-1.1M-4.8M
Net VEX-4.5K-9.8K-2.6K-3.7K-9.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.005.670.645.67
Total Volume50.36403082340
Total OI960.5457281,8207281,820

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$36.08$40.0087.7%25.1%588.6%4.3%71.0%6.6%4.2%27.5K-1.1M-3.7K0.64106.79N/AN/A14970127
2024-04-02$34.86$40.0089.0%25.5%590.0%4.6%112.8%16.7%18.8%24.5K-1.0M-3.7K1.75108.22N/AN/A4770236
2024-04-03$37.45$40.0083.6%24.0%589.3%3.3%0.0%-12.2%24.7%29.1K-1.2M-3.8K0.00110.02N/AN/A9070241
2024-04-04$37.66$20.00102.6%21.5%588.7%7.8%73.6%2.5%16.3%36.0K-1.2M-3.9K0.0097.31N/AN/A4071041
2024-04-05$37.72$20.00112.3%22.7%588.3%10.1%117.4%3.7%15.4%35.1K-1.2M-3.9K0.2099.82N/AN/A10271341
2024-04-08$37.83$20.00101.6%25.4%588.4%7.5%83.5%0.5%-0.2%36.1K-1.2M-3.7K0.0097.62N/AN/A2072243
2024-04-09$35.90$20.0092.4%26.6%590.4%5.4%101.2%-2.4%-6.8%28.9K-1.1M-3.5K0.0096.68N/AN/A2072343
2024-04-10$35.98$20.0094.8%27.2%590.3%5.9%0.0%-0.4%0.4%30.8K-1.0M-3.5K2.0096.40N/AN/A1272543
2024-04-11$36.61$20.0097.6%28.0%588.8%6.6%92.9%14.7%-5.2%32.0K-1.1M-3.4K0.0095.69N/AN/A4072643
2024-04-12$34.84$20.0094.5%27.1%589.4%6.5%0.0%15.0%4.6%30.5K-1.0M-3.3K0.0096.81N/AN/A0573043
2024-04-15$35.08$20.0097.7%28.0%589.6%7.3%0.0%13.2%-6.0%29.0K-977.7K-3.1K0.0096.01N/AN/A2073048
2024-04-16$35.51$20.0093.3%26.8%589.3%6.1%109.5%1.2%-2.3%29.6K-944.8K-3.2K4.4095.20N/AN/A52272948
2024-04-17$33.97$20.00101.4%29.1%589.2%8.2%0.0%6.7%-0.5%26.6K-895.0K-3.0K0.00100.24N/AN/A0073356
2024-04-18$34.11$20.00105.1%30.1%66.7%9.2%121.2%30.8%-17.7%25.1K-791.1K-2.9K1.6795.17N/AN/A122073356
2024-04-19$33.22$20.00101.4%29.1%61.8%8.2%104.3%30.8%-15.4%29.2K-599.3K-2.6K1.00106.64N/AN/A1172466
2024-04-22$36.20$22.50101.6%29.1%64.2%8.3%109.5%22.0%-5.1%29.5K-1.0M-3.0K0.00103.90N/AN/A2071744
2024-04-23$41.86$22.5096.3%27.6%83.5%6.9%97.1%21.3%1.1%42.5K-1.7M-3.3K0.0196.66N/AN/A280471844
2024-04-24$42.52$30.0099.8%28.6%83.5%7.8%105.2%10.4%-25.6%61.3K-3.0M-6.3K0.0789.33N/AN/A267201,17948
2024-04-25$41.28$40.00111.9%32.1%83.8%10.9%113.0%22.0%-30.5%67.9K-3.3M-7.9K0.0197.88N/AN/A30531,44264
2024-04-26$43.47$40.00109.6%31.4%77.6%10.4%106.4%1.1%-23.4%82.4K-4.5M-9.8K0.1793.32N/AN/A611,72165
2024-04-29$47.99$40.00101.9%29.2%83.6%8.4%126.6%21.3%6.0%77.5K-6.1M-8.9K2.0096.36N/AN/A14281,72666
2024-04-30$43.89$40.00124.1%35.6%89.9%14.1%127.1%-1.2%-31.5%75.5K-4.8M-9.2K5.6797.81N/AN/A6341,72892