DAVE Options History — September 2024

In September 2024, DAVE traded between $33.25 and $41.74. ATM implied volatility averaged 72.3%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 20.8%. IV traded above realized volatility by 18.5% (HV 20d: 53.9%). Max pain ranged from $30.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.91.

Notable Days

  • 2024-09-09: Highest Volume — 1,086 contracts
  • 2024-09-06: Largest IV spike — 50.7% change
  • 2024-09-10: Highest IV Rank — 14.8%
  • 2024-09-09: Largest Expected Move — 23.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.80$33.25$41.74$38.28$39.50
Max Pain$37.25$30.00$40.00$30.00$40.00
ATM IV72.3%56.2%94.5%64.5%70.2%
Expected Move20.8%17.4%23.8%18.5%20.1%
HV 20d53.9%46.8%63.5%58.4%53.0%
HV 60d71.5%65.2%75.9%75.9%66.2%
IV Rank8.2%3.3%14.8%5.8%7.5%
IV Percentile6.3%0.4%21.1%2.4%8.4%
Term Structure13.6%-1.5%28.3%4.0%17.4%
VWIV73.3%60.1%96.9%69.0%90.5%
Skew 25d11.8%-1.9%25.6%7.9%-1.9%
Skew 10d27.4%-12.4%49.7%18.8%35.0%
Call IV 25d65.8%50.9%94.8%65.4%72.5%
Put IV 25d77.6%66.7%93.7%73.3%70.6%
Bid-Ask Spread %93.3573.40109.6896.9180.44
Gamma HHI0.620.400.920.680.59
Net GEX141.1K53.4K354.5K215.6K62.1K
Net DEX-4.2M-10.2M-1.9M-6.3M-1.9M
Net VEX-8.1K-12.5K-6.6K-12.5K-7.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.003.800.360.04
Total Volume153.15101,0861928
Total OI3,082.21,5143,8583,6861,589

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$38.28$30.0064.5%18.5%58.4%5.8%69.0%7.9%4.0%215.6K-6.3M-12.5K0.3696.91N/AN/A1453,291395
2024-09-04$36.89$30.0080.9%23.2%59.8%10.7%96.9%20.4%-0.9%203.2K-5.1M-11.5K0.50100.30N/AN/A1893,294399
2024-09-05$36.00$40.0056.2%23.5%60.8%3.3%80.7%15.0%-1.5%185.4K-4.5M-10.7K1.7190.85N/AN/A7123,310402
2024-09-06$34.41$40.0084.7%22.8%63.5%11.9%69.9%18.6%15.6%143.1K-3.3M-9.0K2.17109.68N/AN/A24523,311414
2024-09-09$33.47$40.0077.1%23.8%62.2%9.6%77.5%-1.1%15.8%119.3K-2.8M-7.9K0.12102.97N/AN/A9711153,299446
2024-09-10$33.25$35.0094.5%20.3%62.3%14.8%69.1%10.2%12.0%86.1K-2.5M-6.6K0.5789.67N/AN/A1483,106550
2024-09-11$33.80$40.0074.7%21.4%47.7%8.9%80.7%14.8%24.8%95.9K-2.8M-6.9K3.8092.37N/AN/A15573,103558
2024-09-12$34.97$40.0074.7%21.4%46.8%8.9%71.5%12.0%14.0%132.6K-3.5M-7.8K0.1398.51N/AN/A5273,115608
2024-09-13$36.06$40.0071.2%20.4%48.1%7.8%64.1%14.9%17.2%163.3K-4.1M-7.8K0.0291.56N/AN/A31573,097613
2024-09-16$36.87$35.0079.0%22.6%48.7%10.2%87.5%11.3%3.1%201.9K-4.9M-7.9K0.2594.90N/AN/A823,180612
2024-09-17$38.00$35.0070.0%20.1%48.0%7.5%78.6%11.3%7.3%267.9K-5.2M-7.5K0.6094.44N/AN/A25153,182612
2024-09-18$38.53$35.0073.7%21.1%48.2%8.6%67.8%4.3%20.7%354.5K-5.1M-7.3K0.0098.92N/AN/A40313,088621
2024-09-19$41.74$35.0083.1%23.8%55.3%11.4%70.5%17.4%10.6%219.4K-10.1M-7.4K0.5893.49N/AN/A98573,178621
2024-09-20$41.30$35.0060.7%17.4%55.5%4.6%60.2%8.3%25.8%53.4K-10.2M-7.2K0.0296.31N/AN/A588103,192666
2024-09-23$40.37$35.0064.1%18.4%55.5%5.7%63.2%21.1%17.1%64.8K-2.2M-7.3K2.7585.03N/AN/A12331,209305
2024-09-24$40.45$40.0068.6%19.7%55.4%7.0%67.5%25.6%9.9%59.1K-2.1M-7.6K2.2073.40N/AN/A10221,214338
2024-09-25$40.52$40.0067.0%19.2%51.3%6.5%65.8%18.4%11.6%61.5K-2.1M-7.2K0.3190.49N/AN/A1341,214350
2024-09-26$39.95$40.0063.8%18.3%48.2%5.6%60.1%6.5%19.0%64.9K-2.0M-7.3K1.6797.20N/AN/A6101,224351
2024-09-27$41.72$40.0068.0%19.5%48.5%6.8%74.2%1.2%28.3%67.0K-2.3M-7.3K0.3389.62N/AN/A1241,226361
2024-09-30$39.50$40.0070.2%20.1%53.0%7.5%90.5%-1.9%17.4%62.1K-1.9M-7.1K0.0480.44N/AN/A2711,232357