NVDA Options History — November 2011

In November 2011, NVDA traded between $0.35 and $0.39. ATM implied volatility averaged 62.7%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded above realized volatility by 6.3% (HV 20d: 56.4%). Max pain ranged from $0.35 to $0.40. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2011-11-11: Highest Volume — 4,262,440 contracts
  • 2011-11-09: Largest IV drop — 17.6% change
  • 2011-11-08: Highest IV Rank — 57.8%
  • 2011-11-01: Largest Expected Move — 20.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.37$0.35$0.39$0.35$0.39
Max Pain$0.38$0.35$0.40$0.35$0.38
ATM IV62.7%47.9%89.2%76.1%47.9%
Expected Move16.4%13.6%20.0%20.0%13.6%
HV 20d56.4%53.2%61.1%58.5%53.3%
HV 60d59.4%56.0%65.4%65.4%58.2%
IV Rank29.7%13.8%57.8%43.9%13.8%
IV Percentile66.8%32.1%97.2%96.0%32.1%
Term Structure-0.1%-7.8%2.6%-7.8%2.6%
VWIV57.0%49.3%69.5%69.5%49.3%
Skew 25d7.8%4.8%11.0%7.8%5.0%
Skew 10d14.9%8.6%21.4%14.8%11.8%
Call IV 25d54.5%47.1%67.3%67.0%47.1%
Put IV 25d62.3%52.1%75.5%74.8%52.1%
Bid-Ask Spread %4.093.227.815.063.28
Gamma HHI0.140.100.500.100.14
Net GEX1.3M-1.9M7.5M641.1K2.6M
Net DEX-1.6M-55.6M52.7M16.5M-55.6M
Net VEX-839.9K-944.0K-734.3K-872.3K-779.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.201.970.480.33
Total Volume1,245,961.905443,0004,262,440831,6401,014,120
Total OI19,082,405.71417,342,04021,826,52018,158,08018,312,840

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-11-01$0.35$0.3576.1%20.0%58.5%43.9%69.5%7.8%-7.8%641.1K16.5M-872.3K0.485.06N/AN/A560,840270,80010,211,3607,946,720
2011-11-02$0.35$0.3573.6%19.8%57.8%41.3%69.3%8.3%-7.6%583.9K26.7M-834.4K0.725.41N/AN/A739,040531,52010,408,0007,920,160
2011-11-03$0.37$0.3571.7%17.7%59.8%39.2%63.5%8.9%-5.2%1.4M-13.9M-899.3K1.313.96N/AN/A596,120782,64010,578,9208,015,240
2011-11-04$0.37$0.3876.6%16.5%59.6%44.4%58.6%9.9%-1.1%1.3M-23.5M-934.4K0.624.17N/AN/A549,200342,32010,657,8808,269,360
2011-11-07$0.37$0.3886.1%16.1%57.6%54.5%55.7%9.2%-0.6%1.3M-14.1M-903.5K0.713.42N/AN/A482,000343,08010,588,2008,358,520
2011-11-08$0.38$0.3889.2%15.2%58.0%57.8%51.3%8.5%0.5%1.7M-34.8M-910.4K1.974.02N/AN/A517,6401,021,76010,769,1208,512,720
2011-11-09$0.36$0.4073.5%17.4%61.1%41.1%58.3%11.0%-1.3%202.3K24.4M-889.1K0.714.07N/AN/A741,240527,08010,812,0809,205,640
2011-11-10$0.36$0.4063.0%18.1%57.4%29.9%61.6%10.9%-2.0%451.6K12.1M-922.5K0.657.81N/AN/A1,841,7601,201,36011,189,7209,474,200
2011-11-11$0.37$0.4054.6%15.7%58.5%21.0%54.7%8.3%0.7%7.5M-21.6M-944.0K0.953.59N/AN/A2,185,4002,077,04011,847,6809,978,840
2011-11-14$0.37$0.3855.5%15.9%56.1%21.9%56.0%8.0%0.9%927.3K-1.3M-864.5K0.453.98N/AN/A533,960241,28010,948,9608,937,720
2011-11-15$0.37$0.3853.6%15.4%54.7%19.9%52.5%8.0%1.5%1.6M-17.8M-862.5K0.223.51N/AN/A499,680110,72011,128,8408,819,960
2011-11-16$0.36$0.3854.5%15.6%54.7%20.9%55.6%8.2%1.2%1.2M3.3M-828.0K0.583.66N/AN/A280,120162,88011,207,2008,815,920
2011-11-17$0.35$0.3857.9%16.6%53.2%24.6%57.4%8.4%1.3%93.3K36.8M-771.6K0.975.40N/AN/A523,040506,64011,208,4008,787,360
2011-11-18$0.35$0.3853.8%15.4%53.2%20.1%53.3%7.3%2.5%-1.9M52.7M-734.3K0.823.89N/AN/A640,240527,52011,277,2008,922,280
2011-11-21$0.37$0.3854.3%15.6%54.5%20.6%55.4%6.7%1.7%887.7K-747.8K-787.1K0.313.61N/AN/A1,072,200334,8409,750,9207,591,120
2011-11-22$0.38$0.3853.3%15.3%53.8%19.6%53.0%5.6%2.2%1.6M-29.0M-828.8K0.273.24N/AN/A1,156,160316,92010,027,6807,682,240
2011-11-23$0.36$0.3858.0%16.6%56.0%24.7%57.0%4.8%1.3%1.2M4.3M-793.9K0.753.59N/AN/A423,920317,52010,262,8007,765,480
2011-11-25$0.35$0.3858.3%16.6%54.4%24.9%59.3%5.9%2.0%1.1M26.5M-743.9K0.893.22N/AN/A279,160248,16010,469,0807,812,320
2011-11-28$0.37$0.3852.8%15.4%57.6%19.0%53.0%6.7%2.0%1.4M-10.8M-773.8K0.203.60N/AN/A913,160182,76010,347,4007,747,480
2011-11-29$0.37$0.3853.1%15.2%54.5%19.4%53.3%6.7%2.6%1.6M-13.8M-760.7K0.523.43N/AN/A374,880194,48010,407,0407,755,920
2011-11-30$0.39$0.3847.9%13.6%53.3%13.8%49.3%5.0%2.6%2.6M-55.6M-779.1K0.333.28N/AN/A761,880252,24010,516,6007,796,240