NVDA Options History — March 2012

In March 2012, NVDA traded between $0.36 and $0.39. ATM implied volatility averaged 32.1%, placing in the 2.6% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 8.1% (HV 20d: 24.0%). Max pain ranged from $0.38 to $0.40. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2012-03-28: Highest Volume — 1,789,160 contracts
  • 2012-03-07: Largest IV drop — 17.3% change
  • 2012-03-06: Highest IV Rank — 10.1%
  • 2012-03-06: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.37$0.36$0.39$0.38$0.39
Max Pain$0.38$0.38$0.40$0.38$0.38
ATM IV32.1%28.5%41.3%32.9%32.6%
Expected Move9.4%8.2%10.7%9.6%9.3%
HV 20d24.0%21.3%29.4%29.4%23.0%
HV 60d29.9%26.7%33.2%32.7%26.9%
IV Rank2.6%0.0%10.1%1.5%4.1%
IV Percentile2.9%0.0%15.9%1.6%7.5%
Term Structure6.1%2.8%9.3%2.8%9.3%
VWIV32.9%29.1%37.9%33.5%32.5%
Skew 25d2.1%-0.1%3.5%2.4%-0.1%
Skew 10d4.0%-1.7%7.6%1.9%-1.7%
Call IV 25d32.5%28.9%36.9%33.0%33.4%
Put IV 25d34.6%30.6%40.3%35.4%33.3%
Bid-Ask Spread %4.032.386.975.135.00
Gamma HHI0.200.160.260.230.18
Net GEX1.4M311.9K3.2M1.7M2.8M
Net DEX-10.1M-58.0M18.0M-23.4M-58.0M
Net VEX-528.7K-664.0K-470.5K-557.6K-664.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.091.130.260.24
Total Volume654,807.273295,2801,789,160617,8001,508,720
Total OI10,036,563.6367,411,76011,657,56010,980,48010,191,240

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-03-01$0.38$0.3832.9%9.6%29.4%1.5%33.5%2.4%2.8%1.7M-23.4M-557.6K0.265.13N/AN/A488,680129,1206,568,4804,412,000
2012-03-02$0.38$0.3833.3%9.3%26.5%1.9%33.2%0.3%4.4%2.0M-31.5M-565.0K0.942.38N/AN/A323,960305,5206,627,9204,454,280
2012-03-05$0.37$0.4039.0%10.6%27.8%7.8%37.3%3.4%4.7%1.2M-8.8M-527.7K0.423.58N/AN/A523,240217,2006,520,7604,390,760
2012-03-06$0.37$0.3841.3%10.7%27.8%10.1%37.9%3.4%4.0%1.0M-3.3M-530.1K0.846.97N/AN/A515,240432,2806,744,9204,439,920
2012-03-07$0.37$0.3834.2%10.5%28.0%2.8%37.3%2.9%4.2%1.0M-3.4M-520.7K0.653.17N/AN/A374,000242,2406,644,6804,502,800
2012-03-08$0.37$0.3830.9%10.2%24.1%0.0%35.5%3.1%4.4%1.2M-6.0M-521.8K0.523.88N/AN/A244,680127,6006,705,9604,536,240
2012-03-09$0.37$0.3829.1%9.6%24.1%0.0%33.9%3.0%5.6%1.4M-763.2K-511.5K0.614.10N/AN/A183,720111,5606,750,0404,544,400
2012-03-12$0.36$0.3832.1%9.6%23.3%3.0%34.2%3.0%5.6%1.0M6.1M-493.7K0.523.83N/AN/A266,160138,0806,684,8004,497,880
2012-03-13$0.37$0.3829.8%9.4%23.1%0.7%33.1%3.5%6.0%1.4M285.2K-495.3K0.575.14N/AN/A262,040148,5606,729,9604,504,720
2012-03-14$0.36$0.3832.6%9.9%24.3%3.5%33.5%3.0%5.7%311.9K18.0M-470.5K0.394.06N/AN/A456,560178,4406,776,6804,536,920
2012-03-15$0.36$0.3832.3%9.3%25.4%3.2%33.0%3.0%6.2%1.1M7.4M-493.5K0.223.89N/AN/A322,76070,1607,017,2804,547,600
2012-03-16$0.36$0.3831.2%8.9%24.1%2.0%31.8%2.4%6.8%1.0M7.7M-489.7K0.333.97N/AN/A444,040146,4007,108,6804,548,880
2012-03-19$0.37$0.3830.4%8.7%21.3%1.3%30.9%1.7%6.8%763.9K-2.7M-491.1K0.183.09N/AN/A409,08073,0404,480,5202,931,240
2012-03-20$0.36$0.3831.8%9.1%21.4%2.7%31.6%2.6%6.2%783.2K1.7M-480.3K0.486.04N/AN/A278,040133,0404,697,0802,963,360
2012-03-21$0.36$0.3830.6%8.8%21.7%1.5%30.1%1.8%6.4%793.6K-433.2K-489.1K0.283.64N/AN/A408,440116,1604,817,8403,047,160
2012-03-22$0.36$0.3831.1%8.9%21.4%2.0%30.9%1.7%6.7%995.9K-1.4M-496.3K0.293.36N/AN/A311,16090,6405,041,7203,118,680
2012-03-23$0.36$0.3828.5%8.2%21.8%0.0%29.2%1.8%7.5%1.1M-5.4M-515.5K1.133.16N/AN/A159,560179,6805,183,8803,163,040
2012-03-26$0.37$0.3828.8%8.3%21.6%0.3%29.1%1.7%6.5%1.3M-9.2M-520.6K0.093.71N/AN/A377,68035,5205,157,0003,208,200
2012-03-27$0.37$0.3829.7%8.5%21.7%1.1%30.2%0.7%8.1%1.8M-17.4M-536.0K0.163.35N/AN/A1,160,440186,4805,306,1203,213,240
2012-03-28$0.38$0.3832.3%9.3%22.9%3.7%32.7%0.5%8.3%2.9M-43.0M-614.5K0.283.53N/AN/A1,401,960387,2006,077,0803,347,840
2012-03-29$0.38$0.3831.6%9.1%22.9%3.1%32.4%-0.0%9.0%3.2M-48.7M-646.9K0.183.74N/AN/A454,52082,1606,539,9203,522,680
2012-03-30$0.39$0.3832.6%9.3%23.0%4.1%32.5%-0.1%9.3%2.8M-58.0M-664.0K0.245.00N/AN/A1,215,280293,4406,629,3603,561,880