DAVE Options History — April 2025

In April 2025, DAVE traded between $71.56 and $94.69. ATM implied volatility averaged 108.4%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 32.2%. IV traded above realized volatility by 11.8% (HV 20d: 96.6%). Max pain ranged from $75.00 to $85.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.90.

Notable Days

  • 2025-04-07: Highest Volume — 1,185 contracts
  • 2025-04-04: Largest IV spike — 26.1% change
  • 2025-04-10: Highest IV Rank — 36.9%
  • 2025-04-08: Largest Expected Move — 36.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$84.44$71.56$94.69$85.30$93.25
Max Pain$80.24$75.00$85.00$75.00$85.00
ATM IV108.4%79.8%123.4%80.6%116.7%
Expected Move32.2%29.0%36.1%29.0%33.5%
HV 20d96.6%65.9%108.9%69.9%102.6%
HV 60d80.7%68.6%85.5%69.4%83.8%
IV Rank29.8%16.4%36.9%16.7%33.8%
IV Percentile72.7%26.2%88.9%28.2%82.5%
Term Structure-14.1%-26.2%18.9%18.9%-26.2%
VWIV114.1%101.6%125.4%101.9%123.3%
Skew 25d13.7%-3.0%23.4%-3.0%13.4%
Skew 10d38.2%-6.9%77.4%-6.9%51.6%
Call IV 25d105.5%83.2%116.1%83.2%109.5%
Put IV 25d119.1%80.2%136.6%80.2%122.8%
Bid-Ask Spread %36.6221.4449.9421.4449.23
Gamma HHI0.150.090.300.160.09
Net GEX278.9K51.0K651.9K206.4K269.6K
Net DEX-19.3M-33.8M-6.0M-19.4M-20.1M
Net VEX-115.1K-128.5K-101.9K-121.9K-116.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.900.0715.000.0715.00
Total Volume286.143341,185181240
Total OI8,360.6195,74610,9018,6026,297

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$85.30$75.0080.6%29.0%69.9%16.7%101.9%-3.0%18.9%206.4K-19.4M-121.9K0.0721.44N/AN/A169126,4282,174
2025-04-02$84.98$75.0079.8%29.0%69.8%16.4%104.0%4.7%-13.9%204.6K-19.5M-121.5K0.2621.51N/AN/A184486,4572,175
2025-04-03$79.92$75.0088.9%30.2%65.9%20.6%109.0%7.3%-9.8%197.4K-14.5M-118.3K2.1828.47N/AN/A45986,6132,214
2025-04-04$71.56$75.00112.1%35.5%76.2%31.6%124.6%23.4%-15.9%148.9K-6.0M-101.9K6.1047.49N/AN/A985986,6082,235
2025-04-07$75.97$75.00117.4%35.3%79.0%34.1%122.9%16.4%-17.8%166.2K-10.8M-109.0K0.2749.94N/AN/A9362496,5962,369
2025-04-08$72.48$80.00117.8%36.1%80.0%34.3%119.8%14.7%-20.6%286.7K-9.4M-110.6K0.8239.59N/AN/A2251857,6072,581
2025-04-09$88.86$80.00116.4%33.4%108.1%33.6%118.2%19.4%-13.1%445.4K-30.1M-128.5K1.3934.17N/AN/A1852577,7642,446
2025-04-10$82.97$80.00123.4%35.4%108.9%36.9%125.4%19.1%-18.8%403.5K-24.1M-122.6K2.5846.43N/AN/A531377,7492,491
2025-04-11$83.06$80.00120.0%34.4%106.4%35.3%120.7%17.5%-11.0%391.1K-22.6M-121.2K2.1433.80N/AN/A721547,7452,572
2025-04-14$83.63$85.00115.6%33.1%106.4%33.2%115.7%15.2%-14.6%419.4K-24.3M-115.8K0.2734.52N/AN/A194527,7292,612
2025-04-15$83.91$85.00110.8%31.8%105.7%31.0%107.8%16.6%-14.3%458.4K-27.1M-111.8K0.1329.74N/AN/A531697,8222,599
2025-04-16$81.27$85.00111.3%31.9%106.1%31.2%115.0%14.9%-11.9%651.9K-24.0M-112.8K2.3036.35N/AN/A30698,2642,579
2025-04-17$84.81$80.00106.0%30.4%106.8%28.7%107.7%17.2%-8.8%51.0K-33.8M-110.1K0.4624.52N/AN/A160748,2792,622
2025-04-21$80.28$80.00114.4%32.8%107.9%32.7%115.4%14.3%-19.8%154.6K-11.7M-103.5K0.8134.23N/AN/A68554,5361,210
2025-04-22$82.93$80.00107.8%30.9%104.7%29.5%107.7%13.2%-12.9%166.8K-13.1M-108.3K0.2037.59N/AN/A76154,5411,250
2025-04-23$87.24$80.00106.7%30.6%106.8%29.0%107.2%8.9%-12.2%199.6K-15.7M-111.5K0.7442.12N/AN/A82614,6031,261
2025-04-24$89.76$80.00104.5%30.0%105.6%28.0%101.6%14.0%-14.4%218.2K-17.5M-116.4K0.2637.84N/AN/A242634,6441,269
2025-04-25$92.58$80.00105.1%30.1%105.7%28.3%106.1%11.3%-17.8%263.3K-19.8M-118.8K0.7736.79N/AN/A47364,8631,281
2025-04-28$93.69$85.00110.1%31.6%103.6%30.7%122.9%11.7%-22.2%274.1K-20.4M-118.0K1.7936.42N/AN/A38684,9031,307
2025-04-29$94.69$85.00110.8%31.8%102.9%31.0%118.5%16.8%-18.3%280.0K-21.1M-118.4K1.2746.82N/AN/A15194,9271,351
2025-04-30$93.25$85.00116.7%33.5%102.6%33.8%123.3%13.4%-26.2%269.6K-20.1M-116.8K15.0049.23N/AN/A152254,9301,367