DAVE Options History — August 2024

In August 2024, DAVE traded between $30.55 and $39.86. ATM implied volatility averaged 95.0%, placing in the 7.9% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 17.6% (HV 20d: 77.4%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.84.

Notable Days

  • 2024-08-23: Highest Volume — 2,160 contracts
  • 2024-08-14: Largest IV drop — 43.9% change
  • 2024-08-05: Highest IV Rank — 28.1%
  • 2024-08-02: Largest Expected Move — 42.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.33$30.55$39.86$34.75$37.50
Max Pain$30.45$30.00$35.00$35.00$30.00
ATM IV95.0%45.2%178.3%119.9%45.2%
Expected Move22.3%13.0%42.2%34.4%13.0%
HV 20d77.4%69.1%84.6%77.3%69.1%
HV 60d84.6%76.0%87.9%86.4%76.0%
IV Rank7.9%0.0%28.1%13.0%0.0%
IV Percentile19.7%0.0%62.2%39.0%0.0%
Term Structure1.1%-44.2%32.0%-28.5%32.0%
VWIV79.3%46.6%146.6%146.6%53.1%
Skew 25d8.4%-18.6%50.4%7.1%-4.6%
Skew 10d15.2%-54.9%70.0%31.6%28.1%
Call IV 25d75.9%51.2%164.7%164.7%60.1%
Put IV 25d84.3%48.7%171.8%171.8%55.5%
Bid-Ask Spread %94.7680.26108.90108.5795.97
Gamma HHI0.430.180.650.210.65
Net GEX189.9K18.4K296.1K25.7K198.0K
Net DEX-9.0M-18.0M-1.0M-1.6M-5.8M
Net VEX-16.7K-23.0K-6.7K-7.8K-13.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.0013.750.200.61
Total Volume497.727122,1601229
Total OI4,850.1361,6736,8641,6733,671

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$34.75$35.00119.9%34.4%77.3%13.0%146.6%7.1%-28.5%25.7K-1.6M-7.8K0.20108.57N/AN/A1021,249424
2024-08-02$33.64$35.00147.2%42.2%77.5%20.1%125.8%17.6%-44.2%22.7K-1.3M-7.5K0.97100.69N/AN/A31301,256425
2024-08-05$30.63$30.00178.3%32.9%82.8%28.1%119.1%-18.6%-9.0%18.4K-1.0M-6.7K0.03104.18N/AN/A1,286331,239434
2024-08-06$31.84$30.00125.6%26.0%80.2%14.5%86.2%11.5%1.6%91.7K-3.9M-12.0K0.06105.37N/AN/A1,654972,877440
2024-08-07$31.77$30.00123.1%26.0%79.9%13.9%94.8%38.6%2.4%144.3K-5.5M-16.9K0.17102.14N/AN/A4884,282504
2024-08-08$31.91$30.00120.4%25.8%77.5%13.2%94.9%18.8%-2.5%155.5K-5.6M-17.1K0.01108.90N/AN/A32434,322504
2024-08-09$30.55$30.00140.3%21.5%77.1%18.3%77.3%50.4%3.0%152.4K-5.5M-17.5K0.00102.55N/AN/A51414,601505
2024-08-12$30.66$30.00160.9%20.8%75.3%24.1%71.9%10.5%3.3%200.9K-5.7M-17.3K0.0181.55N/AN/A1,585125,115508
2024-08-13$34.31$30.00139.3%21.9%82.6%15.9%73.1%20.5%5.1%284.6K-11.7M-22.9K0.3493.06N/AN/A70246,213519
2024-08-14$35.80$30.0078.1%22.4%84.6%0.0%66.7%5.0%1.0%272.2K-13.5M-23.0K0.0895.60N/AN/A361286,234520
2024-08-15$36.11$30.0069.0%19.8%81.2%0.0%68.8%0.6%11.6%296.1K-14.1M-22.0K0.2787.27N/AN/A217586,342522
2024-08-16$36.08$30.0068.0%19.5%80.6%0.0%62.0%28.5%11.5%233.6K-14.1M-22.4K0.0187.37N/AN/A59166,247574
2024-08-19$37.48$30.0068.3%19.6%81.1%0.1%66.9%12.7%6.5%268.3K-14.7M-22.7K0.0380.26N/AN/A9135,937296
2024-08-20$37.30$30.0063.9%18.3%81.1%0.0%64.0%7.3%6.2%268.2K-14.9M-21.8K0.3086.12N/AN/A37115,986304
2024-08-21$38.14$30.0059.6%17.1%76.3%0.0%66.3%17.6%6.4%261.9K-16.3M-19.9K0.2693.45N/AN/A1955,991307
2024-08-22$38.38$30.0064.7%18.5%75.1%1.3%65.0%-16.0%-0.1%265.3K-16.1M-20.0K0.0098.54N/AN/A1205,983312
2024-08-23$39.45$30.0056.8%16.3%74.2%0.0%46.6%0.2%11.2%249.0K-18.0M-17.9K0.0087.08N/AN/A2,15285,988312
2024-08-26$39.86$30.0069.0%19.8%74.2%3.8%78.5%-16.2%0.4%220.9K-12.6M-17.1K0.0184.80N/AN/A1,436124,614318
2024-08-27$37.70$30.0066.0%18.9%73.7%2.9%75.4%-11.9%4.6%185.4K-6.1M-13.9K0.7387.56N/AN/A26193,250324
2024-08-28$35.98$30.0064.5%18.5%71.7%2.4%77.8%7.5%-5.3%169.8K-4.8M-13.1K13.7597.21N/AN/A4553,269337
2024-08-29$37.47$30.0061.9%17.8%70.4%1.6%64.8%-2.3%6.2%192.7K-5.8M-13.5K0.6596.48N/AN/A23153,270378
2024-08-30$37.50$30.0045.2%13.0%69.1%0.0%53.1%-4.6%32.0%198.0K-5.8M-13.3K0.6195.97N/AN/A18113,280391