NVDA Options History — July 2017

In July 2017, NVDA traded between $3.48 and $4.20. ATM implied volatility averaged 50.9%, placing in the 83.3% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded above realized volatility by 11.1% (HV 20d: 39.8%). Max pain ranged from $3.63 to $3.88. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.69.

Notable Days

  • 2017-07-13: Highest Volume — 14,816,800 contracts
  • 2017-07-10: Largest IV spike — 12.1% change
  • 2017-07-18: Highest IV Rank — 98.7%
  • 2017-07-31: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.98$3.48$4.20$3.48$4.08
Max Pain$3.76$3.63$3.88$3.63$3.88
ATM IV50.9%42.1%55.4%43.3%51.7%
Expected Move15.2%12.0%17.1%12.3%17.1%
HV 20d39.8%35.6%46.3%45.0%35.6%
HV 60d50.2%49.2%50.5%49.4%50.4%
IV Rank83.3%53.1%98.7%57.4%85.9%
IV Percentile88.6%61.5%99.2%65.9%88.5%
Term Structure0.3%-3.0%9.1%8.2%-3.0%
VWIV53.5%42.4%59.8%43.3%59.8%
Skew 25d-0.0%-1.8%2.1%2.0%1.2%
Skew 10d0.0%-4.2%3.9%3.8%1.6%
Call IV 25d51.4%42.0%56.5%42.7%50.4%
Put IV 25d51.4%42.8%56.2%44.7%51.6%
Bid-Ask Spread %4.432.648.115.246.24
Gamma HHI0.090.050.250.050.06
Net GEX50.0M-18.1M112.6M-18.1M29.2M
Net DEX-2.79B-4.16B-436.4M-436.4M-2.40B
Net VEX-13.5M-13.9M-13.1M-13.1M-13.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.530.900.840.69
Total Volume6,840,3263,439,56014,816,8005,097,2804,344,000
Total OI33,899,73830,292,32037,916,44030,908,08031,031,360

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-07-03$3.48$3.6343.3%12.3%45.0%57.4%43.3%2.0%8.2%-18.1M-436.4M-13.1M0.845.24N/AN/A2,769,8402,327,44014,882,76016,025,320
2017-07-05$3.58$3.6342.1%12.0%46.3%53.1%42.4%1.3%8.1%-1.3M-962.2M-13.1M0.833.36N/AN/A2,789,2002,308,28015,499,80016,336,000
2017-07-06$3.58$3.7544.2%14.7%46.0%60.4%51.9%1.6%9.1%-683.2K-935.2M-13.4M0.905.12N/AN/A3,263,6002,928,64016,100,56016,775,520
2017-07-07$3.66$3.6345.5%14.6%39.5%64.7%51.4%0.0%8.9%66.3M-1.56B-13.6M0.822.94N/AN/A3,501,2802,855,68016,766,36017,479,840
2017-07-10$3.84$3.6351.0%15.3%37.5%83.5%53.9%-0.7%-0.0%40.3M-2.45B-13.5M0.533.97N/AN/A5,004,2802,647,96015,420,04016,328,680
2017-07-11$3.90$3.6352.1%15.2%37.8%87.3%53.3%-0.0%-0.7%66.2M-2.93B-13.7M0.702.92N/AN/A3,521,0802,470,32016,579,88017,073,920
2017-07-12$4.07$3.7553.8%15.5%40.3%93.0%54.7%-1.8%0.5%71.8M-3.91B-13.5M0.694.20N/AN/A6,581,0804,558,12016,780,40017,570,280
2017-07-13$4.02$3.7552.3%14.9%40.6%88.0%52.9%-0.2%-0.4%62.3M-3.46B-13.8M0.624.85N/AN/A9,134,7605,682,04017,674,36018,590,960
2017-07-14$4.12$3.7552.7%15.0%41.2%89.4%53.3%-1.1%-0.5%112.6M-4.14B-13.5M0.668.11N/AN/A6,310,4804,167,52018,522,92019,337,440
2017-07-17$4.12$3.7553.5%15.2%41.2%92.1%53.6%-1.2%-2.4%60.9M-3.66B-13.5M0.686.51N/AN/A4,345,3602,939,40017,015,64017,691,800
2017-07-18$4.14$3.7555.4%15.9%39.8%98.7%55.8%-0.8%-2.4%68.0M-3.78B-13.6M0.684.16N/AN/A3,741,1202,525,84017,600,28018,422,040
2017-07-19$4.14$3.7552.7%15.1%39.8%89.4%53.1%-1.6%-2.7%67.0M-3.78B-13.6M0.735.98N/AN/A2,943,2002,151,96017,866,60019,009,760
2017-07-20$4.18$3.7553.2%15.4%39.9%91.2%54.1%-0.9%-3.0%76.7M-4.00B-13.4M0.673.30N/AN/A3,509,0002,341,32017,981,64019,340,840
2017-07-21$4.20$3.7553.0%15.4%39.8%90.5%54.4%-0.9%-2.4%100.0M-4.16B-13.4M0.535.02N/AN/A4,646,0002,485,12018,333,36019,583,080
2017-07-24$4.16$3.8853.2%16.0%38.8%91.2%56.4%-0.9%-2.3%42.5M-2.88B-13.4M0.642.64N/AN/A2,387,5201,536,08014,607,96015,684,360
2017-07-25$4.13$3.8851.6%15.6%38.1%85.8%54.9%-0.1%-2.2%39.2M-2.73B-13.5M0.582.95N/AN/A2,175,2801,264,28015,032,16016,169,000
2017-07-26$4.17$3.8851.9%15.6%35.7%86.8%55.0%-0.5%-2.1%63.2M-2.98B-13.5M0.573.01N/AN/A3,867,1202,189,40015,658,52016,419,520
2017-07-27$4.04$3.8854.1%16.9%37.3%94.4%59.1%2.1%-2.5%12.7M-2.14B-13.9M0.743.77N/AN/A4,872,2403,624,32015,998,48016,735,880
2017-07-28$4.10$3.8850.8%15.9%35.9%83.0%56.2%2.1%-2.4%41.6M-2.59B-13.8M0.784.24N/AN/A3,422,5202,673,84016,665,72017,401,720
2017-07-31$4.08$3.8851.7%17.1%35.6%85.9%59.8%1.2%-3.0%29.2M-2.40B-13.8M0.696.24N/AN/A2,568,4801,775,52014,789,96016,241,400