NVDA Options History — April 2013

In April 2013, NVDA traded between $0.30 and $0.34. ATM implied volatility averaged 32.0%, placing in the 11.3% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 9.4% (HV 20d: 22.7%). Max pain ranged from $0.33 to $0.33. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.53.

Notable Days

2013-04-12: Highest Volume — 1,755,280 contracts
2013-04-09: Largest IV spike — 30.7% change
2013-04-09: Highest IV Rank — 23.4%
2013-04-15: Largest Expected Move — 10.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$0.32	$0.30	$0.34	$0.31	$0.34
Max Pain	$0.33	$0.33	$0.33	$0.33	$0.33
ATM IV	32.0%	24.7%	42.5%	25.0%	28.5%
Expected Move	9.3%	7.1%	10.4%	7.4%	9.8%
HV 20d	22.7%	17.7%	28.1%	17.7%	24.1%
HV 60d	20.4%	18.9%	21.7%	21.3%	21.5%
IV Rank	11.3%	2.9%	23.4%	3.2%	7.3%
IV Percentile	25.3%	2.4%	75.4%	2.8%	10.3%
Term Structure	-1.9%	-6.3%	5.6%	4.9%	-6.3%
VWIV	32.7%	25.4%	36.6%	26.5%	34.5%
Skew 25d	-0.0%	-1.9%	1.4%	-0.9%	-1.1%
Skew 10d	-0.3%	-4.9%	2.0%	-2.3%	0.9%
Call IV 25d	33.3%	27.3%	37.0%	27.3%	35.7%
Put IV 25d	33.3%	26.2%	36.8%	26.4%	34.6%
Bid-Ask Spread %	10.48	1.74	15.22	14.25	13.33
Gamma HHI	0.43	0.26	0.60	0.48	0.30
Net GEX	3.7M	1.3M	6.0M	3.0M	4.0M
Net DEX	-69.4M	-130.5M	-20.3M	-41.0M	-114.8M
Net VEX	-581.0K	-655.1K	-534.3K	-549.2K	-567.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.21	1.49	0.34	0.48
Total Volume	701,454.545	201,160	1,755,280	567,880	392,880
Total OI	11,826,014.545	9,597,080	13,991,200	11,224,120	10,547,720

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-04-01	$0.31	$0.33	25.0%	7.4%	17.7%	3.2%	26.5%	-0.9%	4.9%	3.0M	-41.0M	-549.2K	0.34	14.25	N/A	N/A	424,240	143,640	7,801,960	3,422,160
2013-04-02	$0.31	$0.33	26.1%	7.1%	18.0%	4.5%	25.7%	-1.9%	5.6%	2.7M	-33.3M	-543.1K	0.82	15.22	N/A	N/A	196,880	162,200	8,057,600	3,510,600
2013-04-03	$0.30	$0.33	26.5%	7.2%	17.7%	4.9%	25.4%	-1.3%	5.5%	2.3M	-20.3M	-537.9K	0.35	13.92	N/A	N/A	286,440	99,760	8,113,760	3,608,040
2013-04-04	$0.31	$0.33	29.9%	7.4%	18.3%	8.9%	26.4%	-0.9%	5.1%	2.8M	-33.0M	-561.6K	1.49	12.50	N/A	N/A	133,760	199,720	8,231,080	3,649,960
2013-04-05	$0.31	$0.33	28.1%	8.9%	19.5%	6.8%	31.1%	0.3%	-1.4%	2.8M	-46.2M	-570.8K	0.31	14.92	N/A	N/A	554,800	174,480	8,272,520	3,754,760
2013-04-08	$0.31	$0.33	32.5%	9.1%	19.4%	11.9%	31.3%	1.3%	-2.4%	3.7M	-44.0M	-558.9K	0.70	10.51	N/A	N/A	118,000	83,160	8,379,800	3,758,240
2013-04-09	$0.32	$0.33	42.5%	9.3%	20.1%	23.4%	32.7%	0.5%	-2.2%	4.4M	-64.8M	-585.8K	0.50	14.78	N/A	N/A	1,002,120	496,200	8,382,680	3,769,760
2013-04-10	$0.32	$0.33	31.2%	9.8%	20.8%	10.4%	34.3%	0.5%	-3.5%	5.0M	-87.4M	-631.2K	0.30	13.00	N/A	N/A	879,120	267,640	8,892,760	4,021,480
2013-04-11	$0.32	$0.33	33.3%	9.5%	20.9%	12.7%	33.6%	0.3%	-2.3%	6.0M	-85.0M	-638.3K	0.58	1.74	N/A	N/A	862,120	497,400	9,293,360	4,129,120
2013-04-12	$0.33	$0.33	33.5%	9.6%	22.7%	13.1%	33.5%	1.1%	-2.5%	6.0M	-130.5M	-655.1K	0.51	10.90	N/A	N/A	1,158,960	596,320	9,687,600	4,303,600
2013-04-15	$0.32	$0.33	36.4%	10.4%	23.8%	16.3%	36.6%	-0.2%	-3.5%	5.0M	-80.1M	-630.7K	0.54	3.09	N/A	N/A	515,720	280,320	9,124,360	4,242,840
2013-04-16	$0.32	$0.33	35.2%	10.1%	23.8%	15.0%	35.5%	0.5%	-3.0%	5.6M	-91.0M	-642.2K	0.31	7.98	N/A	N/A	231,600	71,120	9,073,200	4,295,200
2013-04-17	$0.32	$0.33	34.7%	9.9%	24.3%	14.4%	35.3%	1.4%	-3.2%	5.1M	-71.1M	-611.2K	0.21	11.71	N/A	N/A	594,280	125,560	9,048,960	4,297,600
2013-04-18	$0.31	$0.33	35.9%	10.3%	25.0%	15.8%	35.9%	0.7%	-3.7%	2.6M	-39.4M	-579.8K	0.83	11.69	N/A	N/A	351,000	292,760	8,853,160	4,245,000
2013-04-19	$0.31	$0.33	35.7%	10.2%	24.3%	15.6%	36.6%	-0.6%	-3.8%	1.3M	-40.0M	-555.9K	0.48	8.21	N/A	N/A	496,800	237,880	8,694,640	4,205,160
2013-04-22	$0.31	$0.33	33.5%	9.6%	24.3%	13.1%	33.6%	-0.2%	-3.4%	2.4M	-48.7M	-534.3K	0.62	10.59	N/A	N/A	363,800	223,760	6,634,480	2,962,600
2013-04-23	$0.32	$0.33	33.5%	9.6%	25.8%	13.1%	34.2%	0.5%	-3.6%	2.9M	-65.4M	-556.2K	0.60	7.37	N/A	N/A	348,600	207,520	6,729,000	3,050,280
2013-04-24	$0.33	$0.33	34.1%	9.8%	28.1%	13.7%	34.3%	0.3%	-4.2%	3.3M	-91.9M	-566.3K	0.31	11.78	N/A	N/A	719,800	225,960	6,881,880	3,122,760
2013-04-25	$0.34	$0.33	35.1%	10.1%	27.9%	14.9%	35.1%	0.3%	-5.0%	3.3M	-99.5M	-571.4K	0.57	5.28	N/A	N/A	259,280	148,480	7,047,000	3,224,920
2013-04-26	$0.34	$0.33	24.7%	9.5%	27.7%	2.9%	33.2%	-1.2%	-3.7%	3.1M	-96.0M	-566.0K	0.23	10.92	N/A	N/A	481,880	109,560	7,157,720	3,290,800
2013-04-29	$0.34	$0.33	28.7%	9.9%	24.5%	7.5%	34.9%	0.0%	-5.6%	3.5M	-102.9M	-569.1K	0.57	6.83	N/A	N/A	264,840	151,640	7,167,880	3,234,320
2013-04-30	$0.34	$0.33	28.5%	9.8%	24.1%	7.3%	34.5%	-1.1%	-6.3%	4.0M	-114.8M	-567.4K	0.48	13.33	N/A	N/A	265,120	127,760	7,280,400	3,267,320