DAVE Options History — February 2025

In February 2025, DAVE traded between $90.73 and $117.33. ATM implied volatility averaged 106.2%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 31.7%. IV traded above realized volatility by 39.2% (HV 20d: 67.0%). Max pain ranged from $80.00 to $100.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.25.

Notable Days

  • 2025-02-24: Highest Volume — 4,870 contracts
  • 2025-02-12: Largest IV spike — 38.1% change
  • 2025-02-28: Highest IV Rank — 37.4%
  • 2025-02-28: Largest Expected Move — 43.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$104.53$90.73$117.33$90.73$101.52
Max Pain$95.53$80.00$100.00$80.00$95.00
ATM IV106.2%64.3%150.6%78.4%150.6%
Expected Move31.7%22.5%43.2%22.5%43.2%
HV 20d67.0%59.6%75.8%61.1%73.7%
HV 60d93.7%79.0%121.9%121.2%79.1%
IV Rank21.6%6.8%37.4%11.8%37.4%
IV Percentile60.3%3.6%96.4%20.3%96.4%
Term Structure-9.5%-33.5%37.2%35.0%-33.5%
VWIV110.9%79.3%149.5%83.2%149.5%
Skew 25d-0.4%-12.8%9.6%-5.1%9.6%
Skew 10d4.4%-18.2%48.5%17.5%19.3%
Call IV 25d112.1%79.1%147.6%86.9%145.4%
Put IV 25d111.6%81.7%155.0%81.7%155.0%
Bid-Ask Spread %47.6736.4573.9373.9338.28
Gamma HHI0.240.190.320.300.19
Net GEX892.3K294.5K1.1M676.4K997.2K
Net DEX-60.8M-80.9M-32.6M-33.4M-77.0M
Net VEX-99.7K-203.6K-70.9K-84.3K-203.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.010.860.360.07
Total Volume1,130.1581204,8701791,509
Total OI10,295.3686,62214,6637,69014,663

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$90.73$80.0078.4%22.5%61.1%11.8%83.2%-5.1%35.0%676.4K-33.4M-84.3K0.3673.93N/AN/A132476,6661,024
2025-02-04$98.16$80.0081.8%23.4%64.6%13.0%79.3%4.7%37.2%721.3K-42.1M-83.0K0.1872.65N/AN/A6371146,6331,055
2025-02-05$101.44$85.0081.6%23.4%65.3%12.9%80.1%4.5%29.8%728.3K-49.8M-88.5K0.1269.69N/AN/A386467,1491,157
2025-02-06$106.48$90.0064.3%27.6%59.6%6.8%95.2%-12.8%-12.8%778.8K-60.8M-76.9K0.2742.50N/AN/A1,8604977,3821,194
2025-02-07$103.25$100.0084.4%26.7%61.4%13.9%94.9%-6.3%-12.1%1.0M-56.0M-87.9K0.2342.38N/AN/A6461468,3071,525
2025-02-10$108.64$100.0077.4%28.4%62.9%11.4%99.3%-2.5%-10.0%1.0M-64.2M-78.5K0.4241.32N/AN/A4001708,1361,607
2025-02-11$103.94$100.0074.8%27.7%64.3%10.5%96.7%-3.9%-9.4%1.1M-55.7M-85.5K0.4541.40N/AN/A83378,2701,691
2025-02-12$107.31$100.00103.3%29.6%64.3%20.6%102.4%-1.1%-11.9%1.1M-61.8M-82.8K0.3938.14N/AN/A2761098,2751,690
2025-02-13$109.09$100.00103.9%29.8%62.7%20.8%104.7%-4.5%-10.4%1.1M-67.2M-79.2K0.1740.80N/AN/A362608,4181,737
2025-02-14$117.33$100.00100.8%28.9%65.8%19.7%100.7%3.1%-9.8%782.9K-80.9M-70.9K0.2136.45N/AN/A8411798,3311,737
2025-02-18$115.04$100.00107.2%30.7%66.2%22.0%104.8%-6.6%-12.6%938.5K-80.4M-73.3K0.5338.98N/AN/A4942608,8991,806
2025-02-19$113.23$100.00108.5%31.1%66.9%22.5%111.6%2.9%-18.6%954.9K-75.4M-71.5K0.3944.18N/AN/A252998,7501,958
2025-02-20$110.02$100.00113.0%32.4%66.6%24.1%114.7%0.8%-14.5%1.1M-69.8M-72.4K0.0744.10N/AN/A1,116758,8321,996
2025-02-21$99.91$100.00121.0%34.7%75.8%26.9%121.0%-4.7%-19.1%1.1M-51.2M-75.1K0.8644.61N/AN/A3352899,0902,024
2025-02-24$100.82$100.00133.4%38.2%74.0%31.3%130.7%3.9%-24.5%294.5K-32.6M-79.2K0.0152.77N/AN/A4,803675,3141,308
2025-02-25$98.64$95.00142.8%40.9%73.6%34.6%146.9%8.4%-26.0%733.4K-55.1M-135.1K0.0252.46N/AN/A2,731579,9851,358
2025-02-26$102.65$95.00142.4%40.8%70.7%34.5%144.2%0.7%-26.8%917.4K-72.3M-171.9K0.0443.78N/AN/A1,2174611,9181,384
2025-02-27$97.91$95.00147.8%42.4%72.7%36.4%148.0%1.2%-29.8%947.4K-69.5M-194.7K0.0547.27N/AN/A1,0445112,9261,417
2025-02-28$101.52$95.00150.6%43.2%73.7%37.4%149.5%9.6%-33.5%997.2K-77.0M-203.6K0.0738.28N/AN/A1,40810113,2331,430