DAVE Options History — December 2024

In December 2024, DAVE traded between $84.41 and $103.82. ATM implied volatility averaged 83.1%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 23.9%. IV traded below realized volatility by 38.3% (HV 20d: 121.5%). Max pain ranged from $40.00 to $80.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.33.

Notable Days

  • 2024-12-31: Highest Volume — 1,953 contracts
  • 2024-12-26: Largest IV spike — 19.1% change
  • 2024-12-31: Highest IV Rank — 17.8%
  • 2024-12-31: Largest Expected Move — 27.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$91.63$84.41$103.82$94.00$86.91
Max Pain$45.71$40.00$80.00$80.00$40.00
ATM IV83.1%72.1%95.3%92.0%95.3%
Expected Move23.9%20.7%27.3%26.4%27.3%
HV 20d121.5%78.7%170.8%167.7%100.6%
HV 60d117.6%112.2%123.6%112.2%123.6%
IV Rank12.7%9.6%17.8%14.1%17.8%
IV Percentile23.4%10.8%47.4%33.9%47.4%
Term Structure-0.2%-8.9%13.3%-5.4%-8.9%
VWIV83.9%76.3%101.1%92.8%101.1%
Skew 25d0.6%-11.6%11.7%1.1%9.5%
Skew 10d16.5%-20.2%45.9%13.9%-2.3%
Call IV 25d84.8%75.0%93.6%85.8%93.5%
Put IV 25d85.5%71.5%103.0%86.9%103.0%
Bid-Ask Spread %73.7163.6483.6883.6875.90
Gamma HHI0.190.150.260.160.20
Net GEX465.3K304.4K687.2K315.1K369.9K
Net DEX-24.1M-43.3M-15.1M-24.9M-15.1M
Net VEX-44.6K-55.4K-35.2K-55.4K-35.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.071.280.370.55
Total Volume523.9051891,9536091,953
Total OI7,001.2864,2978,4607,1604,787

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$94.00$80.0092.0%26.4%167.7%14.1%92.8%1.1%-5.4%315.1K-24.9M-55.4K0.3783.68N/AN/A4451644,7602,400
2024-12-03$89.75$80.0080.1%23.0%169.4%10.5%85.6%-3.2%2.4%366.5K-22.2M-55.0K0.5781.92N/AN/A2011154,9452,328
2024-12-04$87.00$80.0079.6%22.8%170.8%10.3%85.3%-3.8%-6.0%333.1K-18.7M-53.1K0.2278.60N/AN/A7311635,0062,370
2024-12-05$88.47$40.0076.6%23.1%161.8%9.9%80.9%4.5%-0.0%442.4K-23.5M-54.7K0.1975.01N/AN/A261495,5352,369
2024-12-06$92.21$40.0077.6%23.6%161.7%10.2%80.4%11.7%0.7%486.6K-28.7M-55.0K0.1670.18N/AN/A248405,6902,382
2024-12-09$84.41$40.0079.9%22.8%161.9%10.9%79.0%-0.7%2.0%492.1K-23.3M-47.2K0.3672.68N/AN/A272975,7772,381
2024-12-10$84.45$40.0087.9%23.5%158.9%13.4%83.2%1.1%0.1%460.9K-20.7M-49.6K1.2865.06N/AN/A1331705,8342,433
2024-12-11$89.28$40.0082.9%23.8%159.2%11.8%76.6%7.0%-0.0%580.2K-27.5M-47.3K0.2972.56N/AN/A162475,8882,417
2024-12-12$86.03$40.0081.7%23.4%87.6%11.4%81.7%0.1%-1.4%531.1K-23.2M-46.7K0.0778.06N/AN/A769505,9232,432
2024-12-13$91.72$40.0081.3%23.3%78.7%12.8%80.6%-11.6%-0.1%490.5K-24.8M-45.5K0.2675.98N/AN/A204545,3522,436
2024-12-16$102.30$40.0085.5%24.5%85.8%14.3%82.1%1.4%-7.2%577.7K-39.4M-37.1K0.2463.64N/AN/A8582075,3512,469
2024-12-17$103.82$40.0083.7%24.0%85.8%13.7%83.8%-1.9%0.9%687.2K-43.3M-43.4K0.1563.83N/AN/A400615,8632,597
2024-12-18$89.74$40.0086.6%24.8%102.6%14.7%88.8%-1.4%-3.9%607.5K-25.9M-41.1K0.2472.74N/AN/A9152205,8072,610
2024-12-19$86.32$40.0086.6%24.8%101.5%14.7%89.4%-4.6%1.5%536.9K-17.9M-37.4K0.8271.97N/AN/A2812315,3272,711
2024-12-20$86.99$40.0082.5%23.7%99.1%13.2%83.3%3.4%1.4%304.4K-20.4M-35.2K0.2176.86N/AN/A308665,3282,742
2024-12-23$89.50$40.0080.5%23.1%97.4%12.5%84.8%-4.1%4.0%344.3K-15.8M-36.5K0.0972.14N/AN/A223193,644653
2024-12-24$96.52$40.0072.1%20.7%100.2%9.6%76.3%8.5%13.3%448.4K-20.8M-39.8K0.1974.39N/AN/A220423,777670
2024-12-26$101.66$40.0085.9%24.6%101.1%14.4%81.6%-4.2%-2.4%461.4K-25.6M-40.7K0.2578.92N/AN/A195483,894694
2024-12-27$97.60$40.0084.5%24.2%101.9%13.9%84.3%3.1%-0.6%458.0K-23.2M-40.9K0.2974.08N/AN/A147423,986700
2024-12-30$95.48$40.0083.1%23.8%97.0%13.4%81.4%-2.4%5.2%477.6K-21.6M-39.0K0.0869.65N/AN/A177144,043716
2024-12-31$86.91$40.0095.3%27.3%100.6%17.8%101.1%9.5%-8.9%369.9K-15.1M-35.6K0.5575.90N/AN/A1,2586954,062725