NVDA Options History — April 2008

In April 2008, NVDA traded between $0.45 and $0.53. ATM implied volatility averaged 60.2%, placing in the 36.4% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded below realized volatility by 4.6% (HV 20d: 64.8%). Max pain ranged from $0.50 to $0.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.47.

Notable Days

  • 2008-04-10: Highest Volume — 2,591,720 contracts
  • 2008-04-04: Largest IV spike — 11.4% change
  • 2008-04-14: Highest IV Rank — 43.4%
  • 2008-04-14: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.49$0.45$0.53$0.53$0.51
Max Pain$0.50$0.50$0.50$0.50$0.50
ATM IV60.2%53.8%66.1%57.9%61.0%
Expected Move17.5%15.4%19.0%16.6%17.5%
HV 20d64.8%51.8%75.6%74.7%51.8%
HV 60d73.6%67.8%82.0%82.0%67.8%
IV Rank36.4%28.8%43.4%33.6%37.4%
IV Percentile78.1%67.5%87.7%77.0%76.6%
Term Structure-3.1%-8.1%7.3%3.2%-8.1%
VWIV61.3%54.6%65.7%59.0%60.9%
Skew 25d3.5%0.5%5.7%1.0%4.2%
Skew 10d5.7%-4.0%10.4%-0.7%-0.0%
Call IV 25d60.7%56.3%66.7%59.7%59.0%
Put IV 25d64.3%57.5%68.3%60.7%63.2%
Bid-Ask Spread %10.697.1317.3712.0511.41
Gamma HHI0.250.160.390.200.29
Net GEX1.7M306.6K3.1M2.2M2.6M
Net DEX-34.8M-91.8M39.2M-81.0M-91.8M
Net VEX-690.0K-740.3K-614.3K-725.3K-740.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.161.100.250.20
Total Volume1,043,812.727460,8402,591,7201,266,280752,520
Total OI10,602,247.2738,487,48012,587,4809,350,6009,915,080

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-04-01$0.53$0.5057.9%16.6%74.7%33.6%59.0%1.0%3.2%2.2M-81.0M-725.3K0.2512.05N/AN/A1,013,520252,7606,262,9603,087,640
2008-04-02$0.51$0.5053.8%15.4%75.5%28.8%54.8%0.5%7.3%2.3M-66.0M-728.0K0.7313.07N/AN/A350,360257,1206,747,3203,269,960
2008-04-03$0.50$0.5053.8%15.4%75.5%28.8%54.6%1.9%5.8%2.1M-51.3M-710.7K0.837.69N/AN/A792,800655,8006,793,2003,383,160
2008-04-04$0.47$0.5059.9%18.6%75.2%36.1%65.2%2.5%-5.1%1.1M940.1K-672.4K0.677.56N/AN/A1,129,960762,5606,831,8803,743,760
2008-04-07$0.48$0.5057.8%18.7%75.6%33.5%65.0%5.1%-4.5%1.6M-19.2M-700.7K0.177.13N/AN/A640,840111,5207,244,2003,887,960
2008-04-08$0.48$0.5056.5%18.1%72.5%32.0%63.6%3.4%-2.7%1.8M-13.6M-690.6K0.527.57N/AN/A332,000172,7207,443,1203,937,880
2008-04-09$0.49$0.5060.5%18.1%71.9%36.7%63.4%3.4%-4.3%1.9M-30.3M-714.8K0.558.81N/AN/A670,240366,7207,468,4803,970,280
2008-04-10$0.50$0.5061.7%17.7%71.4%38.2%61.7%2.9%-3.9%3.1M-49.4M-732.3K0.2815.33N/AN/A2,032,800558,9207,789,2404,085,640
2008-04-11$0.46$0.5062.5%17.9%72.5%39.2%61.2%4.2%-2.6%1.6M20.3M-648.4K0.1810.17N/AN/A1,380,200252,0008,078,2804,125,680
2008-04-14$0.45$0.5066.1%19.0%68.7%43.4%65.7%1.7%-3.7%569.2K39.2M-614.3K0.419.34N/AN/A584,720240,9208,012,3604,160,720
2008-04-15$0.45$0.5062.9%18.0%68.3%39.6%61.9%5.5%-2.9%306.6K35.7M-615.1K1.1015.64N/AN/A617,280682,0407,814,2404,231,600
2008-04-16$0.47$0.5058.1%16.7%66.2%33.9%59.1%5.7%-2.9%927.5K1.3M-654.3K0.339.67N/AN/A893,440295,6408,024,7604,225,200
2008-04-17$0.46$0.5059.2%17.0%60.9%35.2%59.0%3.9%-1.8%593.6K11.4M-639.2K0.358.22N/AN/A367,120129,8008,254,0004,260,640
2008-04-18$0.48$0.5063.0%18.1%59.1%39.8%63.4%3.6%-5.8%821.4K-2.4M-664.7K1.0911.94N/AN/A776,800842,9608,334,7604,252,720
2008-04-21$0.50$0.5061.8%17.7%54.2%38.3%61.7%4.8%-4.4%1.6M-57.1M-679.0K0.4117.37N/AN/A1,078,880440,9205,841,5602,645,920
2008-04-22$0.49$0.5062.3%17.9%54.3%38.9%62.9%3.1%-4.4%1.5M-46.4M-661.5K0.2012.84N/AN/A460,16092,4405,851,7602,650,720
2008-04-23$0.51$0.5061.7%17.7%55.7%38.1%61.2%5.3%-5.2%2.4M-87.6M-736.9K0.217.57N/AN/A694,600144,4806,472,0002,703,600
2008-04-24$0.50$0.5061.2%17.6%56.2%37.7%61.4%3.6%-5.3%2.2M-68.1M-716.0K0.3510.58N/AN/A340,280120,5606,401,7202,759,240
2008-04-25$0.50$0.5059.1%16.9%56.1%35.1%58.7%3.3%-4.6%2.4M-73.9M-715.5K0.569.76N/AN/A407,320227,2806,457,5202,762,520
2008-04-28$0.49$0.5062.0%17.8%56.4%38.5%62.4%3.9%-7.1%2.2M-62.0M-696.2K0.798.75N/AN/A265,760209,5206,524,9602,881,760
2008-04-29$0.51$0.5061.6%17.7%52.6%38.1%61.8%4.1%-5.8%2.3M-73.6M-723.3K0.1612.81N/AN/A488,20077,4006,620,0403,039,400
2008-04-30$0.51$0.5061.0%17.5%51.8%37.4%60.9%4.2%-8.1%2.6M-91.8M-740.3K0.2011.41N/AN/A627,360125,1606,837,2003,077,880