NVDA Options History — July 2008

In July 2008, NVDA traded between $0.28 and $0.47. ATM implied volatility averaged 68.7%, placing in the 43.7% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded below realized volatility by 54.6% (HV 20d: 123.2%). Max pain ranged from $0.31 to $0.50. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2008-07-03: Highest Volume — 3,730,240 contracts
  • 2008-07-03: Largest IV spike — 28.5% change
  • 2008-07-25: Highest IV Rank — 56.2%
  • 2008-07-25: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.31$0.28$0.47$0.47$0.29
Max Pain$0.38$0.31$0.50$0.50$0.31
ATM IV68.7%56.0%78.7%56.6%75.4%
Expected Move19.8%16.0%22.5%16.2%21.6%
HV 20d123.2%40.0%134.6%40.0%134.4%
HV 60d83.2%47.0%88.7%47.0%85.5%
IV Rank43.7%27.8%56.2%28.6%52.1%
IV Percentile84.7%61.1%94.8%63.1%90.5%
Term Structure-4.7%-13.3%5.2%4.4%-13.3%
VWIV69.5%55.2%79.3%55.2%75.2%
Skew 25d0.4%-7.8%5.6%2.5%-3.3%
Skew 10d-5.6%-20.5%20.3%4.2%-15.7%
Call IV 25d70.9%55.8%82.3%55.8%78.2%
Put IV 25d71.3%57.8%81.0%58.3%74.9%
Bid-Ask Spread %8.515.8914.698.157.48
Gamma HHI0.210.160.280.180.27
Net GEX344.2K-133.0K1.2M1.2M746.8K
Net DEX60.8M19.4M134.9M40.4M29.4M
Net VEX-506.1K-1.0M-223.1K-1.0M-531.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.051.401.041.28
Total Volume808,510.909246,4003,730,240547,000453,560
Total OI16,137,792.72713,076,16017,810,40015,243,36016,773,280

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-07-01$0.47$0.5056.6%16.2%40.0%28.6%55.2%2.5%4.4%1.2M40.4M-1.0M1.048.15N/AN/A267,560279,4409,502,9205,740,440
2008-07-02$0.45$0.5056.0%16.0%40.0%27.8%58.5%-1.4%5.2%798.9K59.0M-999.6K0.247.93N/AN/A644,280153,6809,584,1205,872,880
2008-07-03$0.31$0.5071.9%20.6%129.8%47.8%75.6%0.6%-0.8%-59.7K134.9M-392.6K0.938.22N/AN/A1,933,6801,796,5609,897,6405,744,240
2008-07-07$0.30$0.5067.9%19.7%129.8%42.7%67.5%0.0%-5.0%-91.7K114.5M-417.3K0.8414.69N/AN/A974,600823,16010,944,9605,916,800
2008-07-08$0.30$0.4462.3%19.0%130.0%35.6%67.3%4.1%-2.9%-83.7K108.2M-435.7K0.417.82N/AN/A444,520180,76011,100,7605,999,320
2008-07-09$0.30$0.3865.7%19.2%129.7%39.9%67.6%2.6%-3.1%-67.1K92.2M-418.5K0.187.02N/AN/A911,040165,92011,200,0405,540,960
2008-07-10$0.29$0.3865.7%18.8%130.0%40.0%67.7%5.6%-2.8%109.7K77.5M-455.4K1.4010.04N/AN/A208,080291,64011,823,0805,274,720
2008-07-11$0.29$0.3867.2%19.3%129.5%41.8%68.2%4.1%-3.1%78.0K80.2M-434.5K0.958.61N/AN/A135,600128,64011,854,9605,313,920
2008-07-14$0.28$0.3874.9%21.5%129.2%51.5%73.7%4.4%-5.9%-133.0K73.8M-223.1K0.609.41N/AN/A403,080243,2808,995,6404,080,520
2008-07-15$0.28$0.3871.9%20.6%130.0%47.7%72.0%1.8%-4.8%97.3K75.3M-426.7K0.938.07N/AN/A230,360213,52012,148,6805,148,000
2008-07-16$0.28$0.3871.2%20.4%130.6%46.9%71.7%0.2%-5.6%113.6K70.1M-427.3K0.768.03N/AN/A310,360236,84012,199,0805,031,480
2008-07-17$0.28$0.3868.4%19.6%131.1%43.3%68.9%0.7%-4.2%110.2K70.0M-443.9K0.399.32N/AN/A177,04069,36012,411,0405,193,360
2008-07-18$0.29$0.3867.7%19.4%131.8%42.4%69.0%-0.5%-2.0%164.8K62.0M-485.3K0.248.06N/AN/A620,480147,48012,603,6005,206,800
2008-07-21$0.29$0.3865.7%18.8%132.1%40.0%66.3%-1.4%-3.4%275.0K42.9M-459.1K0.058.04N/AN/A776,60039,40010,155,7204,322,760
2008-07-22$0.28$0.3165.7%18.8%132.1%40.0%66.8%2.2%-6.7%400.9K40.4M-456.2K1.105.92N/AN/A131,560144,84010,650,6804,256,680
2008-07-23$0.29$0.3160.6%17.4%132.0%33.5%61.9%2.4%-2.0%472.8K35.2M-475.7K0.265.90N/AN/A385,16099,92010,691,6004,266,080
2008-07-24$0.28$0.3170.6%20.2%131.9%46.1%68.2%2.4%-6.8%368.1K40.1M-447.0K0.125.89N/AN/A521,08061,60010,866,4404,282,240
2008-07-25$0.29$0.3178.7%22.5%134.4%56.2%79.3%-2.9%-10.6%630.0K24.5M-538.5K0.0910.09N/AN/A1,610,080146,16011,202,8804,300,240
2008-07-28$0.29$0.3177.0%22.1%134.0%54.1%77.3%-7.8%-8.8%817.8K19.4M-548.1K0.0911.29N/AN/A277,08025,88011,818,7204,334,400
2008-07-29$0.29$0.3173.7%21.1%134.6%50.0%74.2%-6.4%-7.5%855.1K19.5M-538.4K0.929.06N/AN/A375,200345,80011,871,9204,336,880
2008-07-30$0.29$0.3176.1%21.8%134.3%53.0%76.8%-1.6%-13.1%762.6K27.5M-530.3K1.028.09N/AN/A199,360203,00012,015,5604,555,400
2008-07-31$0.29$0.3175.4%21.6%134.4%52.1%75.2%-3.3%-13.3%746.8K29.4M-531.9K1.287.48N/AN/A198,640254,92012,095,0404,678,240