NVDA Options History — May 2017

In May 2017, NVDA traded between $2.56 and $3.61. ATM implied volatility averaged 38.6%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded below realized volatility by 15.0% (HV 20d: 53.6%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2017-05-11: Highest Volume — 19,854,680 contracts
  • 2017-05-10: Largest IV drop — 26.1% change
  • 2017-05-08: Highest IV Rank — 70.4%
  • 2017-05-03: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.13$2.56$3.61$2.67$3.59
Max Pain$2.69$2.50$3.00$2.63$3.00
ATM IV38.6%33.4%47.1%44.6%34.8%
Expected Move11.2%9.3%16.5%15.2%9.7%
HV 20d53.6%22.7%68.7%34.4%65.9%
HV 60d45.0%36.9%52.2%37.1%46.1%
IV Rank41.5%23.3%70.4%61.8%28.4%
IV Percentile56.3%35.7%80.2%75.8%43.3%
Term Structure-1.0%-3.5%0.9%-2.3%-0.8%
VWIV39.6%33.1%58.3%53.3%34.1%
Skew 25d0.7%-1.0%3.8%-0.3%-0.2%
Skew 10d1.1%-1.5%6.4%2.1%-1.2%
Call IV 25d38.8%33.8%46.6%43.4%35.4%
Put IV 25d39.5%33.7%49.7%43.1%35.2%
Bid-Ask Spread %6.373.8621.963.865.98
Gamma HHI0.100.050.300.070.10
Net GEX49.3M-4.1M131.0M22.1M59.1M
Net DEX-2.35B-4.14B-255.0M-922.3M-3.00B
Net VEX-8.3M-9.5M-6.7M-8.1M-9.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.431.130.700.68
Total Volume8,401,254.5451,680,28019,854,6803,708,3607,583,080
Total OI31,686,30025,915,04039,441,92025,915,04031,417,680

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$2.67$2.6344.6%15.2%34.4%61.8%53.3%-0.3%-2.3%22.1M-922.3M-8.1M0.703.86N/AN/A2,179,5201,528,84012,622,52013,292,520
2017-05-02$2.58$2.6345.4%16.2%36.3%64.6%56.7%1.2%-1.9%3.7M-436.0M-8.3M1.053.96N/AN/A2,660,8802,781,48013,257,44013,915,040
2017-05-03$2.60$2.6345.5%16.5%24.1%64.9%58.3%1.0%-2.5%9.1M-532.9M-8.5M0.717.38N/AN/A1,613,5201,150,40013,851,68015,254,840
2017-05-04$2.59$2.5045.1%11.7%24.0%63.5%41.4%2.0%-2.8%6.3M-469.9M-8.5M0.874.09N/AN/A900,480779,80014,224,40015,567,760
2017-05-05$2.59$2.5046.1%11.9%24.0%67.1%43.3%3.1%-3.3%13.2M-439.8M-8.4M0.774.38N/AN/A1,819,9201,395,32014,282,28015,775,920
2017-05-08$2.56$2.5047.1%12.2%24.5%70.4%43.7%3.8%-3.5%-4.1M-255.0M-8.1M1.137.71N/AN/A1,549,0401,757,80013,090,64014,835,080
2017-05-09$2.58$2.5045.6%12.1%22.7%65.3%42.5%2.4%-2.6%-2.9M-359.0M-8.2M0.8021.96N/AN/A5,216,3604,151,32013,556,36015,645,040
2017-05-10$3.04$2.5033.7%9.4%61.4%24.7%33.6%-0.4%-0.6%82.4M-3.43B-6.7M0.625.74N/AN/A12,227,1207,556,64015,945,92018,014,640
2017-05-11$3.18$2.5035.2%9.8%62.2%29.7%35.0%0.5%-0.1%63.1M-4.03B-7.1M0.496.44N/AN/A13,332,4406,522,24016,930,12019,648,080
2017-05-12$3.19$2.6333.6%9.6%61.4%24.2%34.0%-0.6%-0.3%78.8M-3.91B-7.6M0.636.86N/AN/A6,341,4403,998,36018,249,44021,192,480
2017-05-15$3.35$2.6335.3%10.2%62.5%30.3%35.6%-1.0%0.1%52.8M-3.86B-7.2M0.694.16N/AN/A6,438,6004,433,24015,480,00016,865,880
2017-05-16$3.41$2.6334.7%9.9%62.4%28.1%35.4%-0.6%0.9%55.8M-4.14B-7.8M0.694.08N/AN/A5,580,8003,876,96016,740,84018,598,160
2017-05-17$3.22$2.7536.7%10.5%67.7%34.8%37.2%1.4%-0.3%10.0M-2.73B-8.6M0.906.82N/AN/A5,847,2005,254,76017,017,72019,731,920
2017-05-18$3.32$2.6337.9%10.9%68.0%38.8%38.6%1.4%-0.7%49.7M-3.53B-8.6M0.454.85N/AN/A7,605,4803,411,96017,866,84020,009,160
2017-05-19$3.39$2.7537.4%10.8%68.0%37.3%38.2%0.0%-1.0%131.0M-2.76B-8.6M0.434.23N/AN/A8,310,8403,597,84014,495,84020,574,760
2017-05-22$3.46$2.7536.5%10.3%68.0%34.2%36.4%0.5%0.1%67.3M-2.75B-8.8M0.634.94N/AN/A3,929,4402,461,56013,591,28014,297,240
2017-05-23$3.42$2.8835.1%10.0%68.7%29.2%35.4%0.2%0.5%59.0M-2.51B-8.9M0.554.05N/AN/A3,872,7202,147,68014,030,52015,114,160
2017-05-24$3.46$2.8834.4%9.8%68.4%27.0%34.4%0.4%-0.0%70.5M-2.72B-8.7M0.663.87N/AN/A3,744,5602,471,48014,181,52015,619,680
2017-05-25$3.46$2.8833.4%9.3%68.7%23.3%33.1%0.1%0.3%70.0M-2.63B-8.9M0.694.17N/AN/A3,963,3602,726,60014,737,08016,280,760
2017-05-26$3.53$2.8834.8%9.5%68.0%28.3%33.7%-0.4%0.4%123.0M-3.17B-8.9M0.5114.82N/AN/A6,630,4003,379,76014,932,04016,909,400
2017-05-30$3.61$3.0037.2%10.5%68.0%36.5%37.1%0.0%-1.8%65.4M-3.14B-9.2M0.725.83N/AN/A4,715,4803,380,88013,850,68015,603,240
2017-05-31$3.59$3.0034.8%9.7%65.9%28.4%34.1%-0.2%-0.8%59.1M-3.00B-9.5M0.685.98N/AN/A4,518,2403,064,84014,635,80016,781,880