NVDA Options History — August 2011

In August 2011, NVDA traded between $0.29 and $0.37. ATM implied volatility averaged 75.4%, placing in the 45.0% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded above realized volatility by 2.8% (HV 20d: 72.6%). Max pain ranged from $0.38 to $0.40. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.53.

Notable Days

  • 2011-08-12: Highest Volume — 5,923,320 contracts
  • 2011-08-04: Largest IV spike — 43.6% change
  • 2011-08-08: Highest IV Rank — 100.0%
  • 2011-08-11: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.33$0.29$0.37$0.36$0.33
Max Pain$0.38$0.38$0.40$0.38$0.38
ATM IV75.4%56.2%128.8%56.2%72.0%
Expected Move19.4%15.8%24.9%17.2%15.8%
HV 20d72.6%40.5%89.8%40.7%88.4%
HV 60d51.5%42.4%58.0%43.1%58.0%
IV Rank45.0%26.1%100.0%27.5%39.5%
IV Percentile93.7%83.3%100.0%83.3%95.6%
Term Structure-6.4%-18.7%1.6%-7.8%1.6%
VWIV68.3%56.2%86.9%60.9%56.2%
Skew 25d4.9%-2.9%8.9%2.7%6.2%
Skew 10d8.7%-8.2%21.1%4.1%10.8%
Call IV 25d67.3%55.8%84.9%60.5%55.8%
Put IV 25d72.2%61.2%92.2%63.2%61.9%
Bid-Ask Spread %5.043.1610.643.653.16
Gamma HHI0.120.080.570.100.11
Net GEX709.5K-767.8K5.8M1.2M1.2M
Net DEX101.5M25.2M182.9M42.0M71.9M
Net VEX-1.0M-1.3M-832.5K-1.2M-955.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.181.760.260.21
Total Volume1,760,800436,1605,923,3201,672,0001,458,520
Total OI24,291,803.47820,959,52027,459,88022,642,72022,475,920

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-08-01$0.36$0.3856.2%17.2%40.7%27.5%60.9%2.7%-7.8%1.2M42.0M-1.2M0.263.65N/AN/A1,324,240347,76012,819,2809,823,440
2011-08-02$0.36$0.3868.2%19.0%40.5%42.9%68.0%-2.9%-6.8%1.2M35.1M-1.3M0.605.59N/AN/A3,453,3602,079,36013,188,2809,979,360
2011-08-03$0.37$0.3862.7%18.4%41.9%35.8%64.6%-1.2%-6.9%1.0M25.2M-1.3M0.645.67N/AN/A615,960391,60013,717,40011,012,360
2011-08-04$0.34$0.3890.0%21.0%54.1%71.0%75.8%-2.8%-8.6%-219.1K109.6M-1.2M0.367.08N/AN/A1,136,640409,00013,879,28011,051,160
2011-08-05$0.32$0.4090.2%19.3%54.8%71.3%66.8%3.3%-7.4%-128.8K136.5M-1.1M0.334.96N/AN/A1,073,200358,76013,873,60011,086,720
2011-08-08$0.30$0.40128.8%23.9%60.0%100.0%84.2%1.9%-14.6%-20.2K147.7M-948.6K0.996.64N/AN/A855,040845,48013,956,44010,887,080
2011-08-09$0.32$0.40125.0%22.4%68.3%95.9%80.1%7.0%-13.9%182.2K118.5M-1.1M1.7610.64N/AN/A759,1601,337,84014,195,04011,096,240
2011-08-10$0.31$0.40107.3%24.2%69.7%77.1%84.6%6.4%-15.2%15.8K132.5M-1.0M0.506.48N/AN/A841,040417,52014,258,52011,323,560
2011-08-11$0.34$0.4087.0%24.9%75.8%55.5%86.9%7.3%-18.7%466.1K75.3M-1.2M0.577.25N/AN/A2,778,2801,596,24014,414,60011,502,440
2011-08-12$0.32$0.4066.4%19.0%76.9%33.6%65.3%7.4%-7.0%-767.8K159.7M-964.5K0.405.19N/AN/A4,242,6801,680,64014,978,08012,285,120
2011-08-15$0.33$0.4059.4%17.0%78.0%26.1%61.0%5.1%-1.9%121.4K122.0M-1.0M0.184.41N/AN/A1,612,280297,12014,922,04011,416,120
2011-08-16$0.32$0.3862.0%17.8%77.7%28.9%62.9%4.6%-4.6%139.2K142.0M-955.3K0.254.59N/AN/A732,960180,52015,153,44011,424,440
2011-08-17$0.32$0.3859.6%17.1%77.7%26.3%60.5%5.1%-2.9%48.0K156.8M-913.9K0.333.62N/AN/A688,600226,56015,293,16011,481,520
2011-08-18$0.30$0.3869.3%19.9%78.6%36.7%72.1%5.9%-6.3%-116.3K178.6M-834.8K0.634.23N/AN/A967,080609,52015,520,20011,476,000
2011-08-19$0.29$0.3874.9%21.5%77.8%42.6%73.6%6.2%-10.4%-676182.9M-834.0K0.954.28N/AN/A439,840418,76015,804,80011,655,080
2011-08-22$0.30$0.3868.2%19.5%78.5%35.4%70.9%6.9%-2.9%302.0K101.3M-832.5K0.433.71N/AN/A534,200231,68012,142,2808,817,240
2011-08-23$0.33$0.3864.8%18.6%87.9%31.8%63.4%8.8%-3.0%1.0M67.2M-975.6K0.384.96N/AN/A1,131,200435,36012,346,7608,901,800
2011-08-24$0.33$0.3864.7%18.6%87.1%31.8%63.6%8.2%-3.7%1.1M66.6M-974.3K0.734.43N/AN/A583,920425,88012,532,5609,119,880
2011-08-25$0.31$0.3867.4%19.3%88.3%34.6%66.9%8.9%-2.5%845.5K87.5M-923.0K0.363.59N/AN/A320,280115,88012,791,8409,374,040
2011-08-26$0.33$0.3860.5%18.0%89.8%27.2%63.5%8.9%-2.1%5.8M69.5M-972.5K0.524.88N/AN/A595,800308,60012,904,6009,413,920
2011-08-29$0.33$0.3867.4%16.7%88.2%34.6%59.9%5.4%0.6%1.2M63.7M-984.8K0.333.68N/AN/A516,200171,04012,798,6809,285,120
2011-08-30$0.34$0.3862.9%16.5%88.7%29.8%58.2%2.8%-1.5%1.6M42.9M-1.0M0.363.28N/AN/A698,560254,24013,030,1609,301,880
2011-08-31$0.33$0.3872.0%15.8%88.4%39.5%56.2%6.2%1.6%1.2M71.9M-955.2K0.213.16N/AN/A1,203,880254,64013,069,4409,406,480