NVDA Options History — August 2008

In August 2008, NVDA traded between $0.26 and $0.35. ATM implied volatility averaged 72.1%, placing in the 38.1% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 16.8% (HV 20d: 55.3%). Max pain ranged from $0.31 to $0.38. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2008-08-13: Highest Volume — 5,540,480 contracts
  • 2008-08-13: Largest IV drop — 61.2% change
  • 2008-08-11: Highest IV Rank — 100.0%
  • 2008-08-12: Largest Expected Move — 24.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.31$0.26$0.35$0.27$0.32
Max Pain$0.32$0.31$0.38$0.31$0.31
ATM IV72.1%50.6%162.4%73.5%51.4%
Expected Move17.2%14.5%24.1%21.1%14.8%
HV 20d55.3%41.9%63.4%42.4%57.8%
HV 60d87.9%84.6%89.7%85.9%88.6%
IV Rank38.1%13.0%100.0%49.8%13.7%
IV Percentile66.6%32.9%100.0%88.1%35.7%
Term Structure-0.7%-14.3%4.7%-9.5%3.1%
VWIV62.1%52.2%81.1%78.4%61.6%
Skew 25d-3.3%-19.0%9.6%-7.6%-19.0%
Skew 10d-9.7%-36.7%17.9%-30.5%-31.9%
Call IV 25d63.7%54.2%79.3%79.0%61.7%
Put IV 25d60.4%42.7%88.8%71.3%42.7%
Bid-Ask Spread %6.293.3610.338.594.71
Gamma HHI0.330.270.550.280.31
Net GEX2.0M264.8K3.2M410.3K2.5M
Net DEX-35.5M-131.0M51.2M46.1M-31.1M
Net VEX-779.9K-1.1M-462.8K-467.8K-872.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.131.130.840.15
Total Volume1,435,440186,2005,540,480942,960701,800
Total OI21,109,699.04816,834,00025,307,00016,834,00023,625,360

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-08-01$0.27$0.3173.5%21.1%42.4%49.8%78.4%-7.6%-9.5%410.3K46.1M-467.8K0.848.59N/AN/A512,240430,72012,005,7604,828,240
2008-08-04$0.26$0.3880.8%19.1%41.9%58.8%66.5%4.2%-2.9%264.8K51.2M-462.8K0.177.69N/AN/A522,80089,84012,251,8805,065,840
2008-08-05$0.28$0.3887.2%19.3%47.5%66.9%64.0%3.2%-3.0%531.9K38.8M-520.8K1.134.39N/AN/A275,000310,48012,367,9605,025,040
2008-08-06$0.29$0.3884.0%19.0%48.4%63.0%65.9%3.0%-3.4%765.3K25.9M-546.5K1.096.87N/AN/A720,600785,32012,475,4404,875,400
2008-08-07$0.28$0.3887.1%16.5%48.6%66.8%59.8%0.5%4.4%922.6K25.3M-505.7K0.285.87N/AN/A850,520238,04012,809,3604,510,680
2008-08-08$0.28$0.3196.2%17.7%49.4%78.2%62.2%1.8%-0.2%796.1K29.9M-483.3K0.275.06N/AN/A874,800240,00013,156,9204,637,360
2008-08-11$0.28$0.31124.7%20.1%47.3%100.0%69.5%2.5%-2.6%1.0M17.0M-530.2K0.4410.33N/AN/A1,144,080504,68013,615,0804,778,560
2008-08-12$0.28$0.31162.4%24.1%47.4%100.0%81.1%9.6%-14.3%1.0M11.7M-563.2K0.876.24N/AN/A2,041,2001,766,68014,312,0005,044,920
2008-08-13$0.31$0.3163.0%16.8%59.9%22.7%61.2%-6.3%-3.0%3.0M-34.4M-704.8K0.636.37N/AN/A3,391,0402,149,44015,436,4806,049,880
2008-08-14$0.33$0.3160.4%17.3%62.9%20.7%60.6%1.8%-1.4%2.2M-90.6M-889.4K0.366.96N/AN/A2,779,920997,00017,066,6007,418,400
2008-08-15$0.32$0.3154.4%15.6%62.9%16.0%56.2%1.0%1.6%2.9M-80.4M-932.9K0.7410.25N/AN/A720,920533,40017,483,2007,823,800
2008-08-18$0.33$0.3155.4%15.9%63.1%16.8%57.6%-0.6%2.6%2.5M-76.2M-979.3K0.363.36N/AN/A930,840330,96015,555,4406,400,560
2008-08-19$0.34$0.3156.0%16.1%62.2%17.3%57.4%0.8%0.8%2.6M-79.3M-995.3K0.308.41N/AN/A840,880255,76015,533,0006,652,800
2008-08-20$0.35$0.3159.2%17.0%63.4%19.8%63.7%-6.2%-2.4%3.2M-131.0M-1.1M0.136.00N/AN/A2,062,960267,76016,026,9206,778,920
2008-08-21$0.34$0.3155.5%15.9%60.1%16.9%58.9%-7.2%1.0%3.0M-99.0M-1.0M0.175.39N/AN/A668,160111,28016,123,5206,727,760
2008-08-22$0.34$0.3152.9%15.2%58.6%14.9%54.7%-7.6%3.3%3.1M-99.1M-1.0M0.136.49N/AN/A206,20026,88016,374,0806,752,640
2008-08-25$0.34$0.3150.8%14.6%59.1%13.2%57.9%-11.1%4.7%3.1M-84.9M-980.7K0.255.21N/AN/A351,60087,24016,372,6806,763,720
2008-08-26$0.33$0.3155.1%15.8%60.1%16.6%59.0%-14.6%1.1%2.8M-61.8M-953.1K0.155.30N/AN/A853,800129,80016,544,2406,813,400
2008-08-27$0.33$0.3153.4%15.3%59.6%15.2%55.7%-9.6%2.8%3.0M-64.0M-940.3K0.194.09N/AN/A156,28029,92016,728,4406,883,560
2008-08-28$0.33$0.3150.6%14.5%59.6%13.0%52.2%-7.4%3.3%3.0M-60.6M-924.3K0.354.49N/AN/A187,72065,68016,715,1606,892,680
2008-08-29$0.32$0.3151.4%14.8%57.8%13.7%61.6%-19.0%3.1%2.5M-31.1M-872.8K0.154.71N/AN/A612,16089,64016,721,4806,903,880