NVDA Options History — February 2018

In February 2018, NVDA traded between $5.40 and $6.23. ATM implied volatility averaged 43.8%, placing in the 53.1% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 3.1% (HV 20d: 46.9%). Max pain ranged from $5.50 to $5.75. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.65.

Notable Days

  • 2018-02-09: Highest Volume — 16,595,920 contracts
  • 2018-02-05: Largest IV spike — 17.0% change
  • 2018-02-05: Highest IV Rank — 100.0%
  • 2018-02-08: Largest Expected Move — 16.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.92$5.40$6.23$6.01$6.06
Max Pain$5.65$5.50$5.75$5.50$5.75
ATM IV43.8%35.2%60.6%50.5%37.8%
Expected Move12.2%9.8%16.2%13.4%10.5%
HV 20d46.9%24.6%52.8%24.6%51.4%
HV 60d40.3%34.5%42.5%34.5%39.6%
IV Rank53.1%28.1%100.0%77.5%35.4%
IV Percentile67.7%40.5%100.0%87.7%52.0%
Term Structure-0.5%-3.2%1.2%-2.4%-0.5%
VWIV42.8%34.5%56.1%46.8%37.0%
Skew 25d2.3%1.1%6.2%1.1%3.2%
Skew 10d5.5%2.0%23.1%2.0%6.0%
Call IV 25d42.9%34.0%58.4%50.2%36.3%
Put IV 25d45.1%36.0%60.2%51.3%39.5%
Bid-Ask Spread %7.001.7629.173.392.60
Gamma HHI0.080.050.320.060.07
Net GEX71.2M12.6M190.1M56.2M58.4M
Net DEX-3.81B-5.94B-1.23B-4.26B-3.80B
Net VEX-24.3M-25.6M-23.1M-23.1M-24.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.461.010.710.73
Total Volume6,598,250.5263,699,92016,595,9205,575,8804,707,040
Total OI36,370,393.68431,939,48040,744,28035,484,28035,549,400

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$6.01$5.5050.5%13.4%24.6%77.5%46.8%1.1%-2.4%56.2M-4.26B-23.1M0.713.39N/AN/A3,258,6002,317,28017,843,96017,640,320
2018-02-02$5.84$5.5051.7%13.9%27.5%81.4%48.6%1.1%-2.4%44.8M-2.92B-23.5M1.0113.63N/AN/A3,747,9603,785,24018,108,00018,211,640
2018-02-05$5.40$5.5060.6%16.1%40.0%100.0%56.0%1.8%-3.2%12.6M-1.23B-23.6M0.7329.17N/AN/A3,393,8002,474,36016,864,04016,807,960
2018-02-06$5.63$5.5054.8%14.9%41.0%83.6%52.0%2.6%-2.3%34.2M-2.45B-24.5M0.6313.02N/AN/A3,126,1601,974,20017,853,16017,535,800
2018-02-07$5.75$5.6351.0%14.4%41.6%72.8%50.2%1.9%-0.4%49.1M-3.21B-25.2M0.6014.78N/AN/A2,664,8401,585,76018,769,72018,184,040
2018-02-08$5.48$5.6358.0%16.2%44.9%92.6%56.1%2.5%-1.9%24.0M-1.78B-25.6M0.6722.64N/AN/A4,059,1202,735,48019,348,28018,662,240
2018-02-09$5.82$5.6348.9%13.9%49.7%67.0%49.3%6.2%-0.8%81.3M-3.67B-25.5M0.634.30N/AN/A10,162,5206,433,40020,322,84019,426,600
2018-02-12$5.69$5.6345.4%13.0%50.5%57.0%45.3%4.2%-0.7%44.5M-2.71B-24.8M0.594.49N/AN/A4,252,6402,529,96018,529,28018,615,960
2018-02-13$5.82$5.6340.1%11.5%50.9%42.0%40.7%2.8%-0.4%83.4M-3.73B-24.7M0.663.40N/AN/A3,145,2802,077,24019,507,24019,263,680
2018-02-14$6.04$5.7538.3%11.0%52.0%36.8%39.4%1.8%0.3%126.8M-5.31B-24.3M0.662.53N/AN/A5,057,4803,342,76019,843,48019,602,800
2018-02-15$6.15$5.6337.4%10.7%52.3%34.3%37.7%1.1%0.8%133.8M-5.94B-23.8M0.582.05N/AN/A4,633,0402,674,40019,907,28020,012,520
2018-02-16$6.10$5.6336.4%10.4%51.9%31.4%36.6%1.4%0.7%62.5M-5.48B-24.2M0.602.39N/AN/A5,178,3203,107,88020,172,96020,571,320
2018-02-20$6.23$5.7537.4%10.6%52.0%34.4%37.8%1.5%1.2%79.7M-4.91B-23.5M0.611.93N/AN/A4,085,8802,481,56015,515,72016,423,760
2018-02-21$6.05$5.7538.6%11.0%52.8%37.8%38.6%1.9%0.4%46.2M-3.74B-24.4M0.462.16N/AN/A4,724,4402,185,72016,290,96017,146,600
2018-02-22$6.05$5.7537.8%10.7%52.5%35.4%37.3%2.0%0.5%51.5M-3.76B-24.6M0.552.30N/AN/A3,634,0801,992,20017,102,00017,741,160
2018-02-23$6.14$5.7535.2%9.8%52.7%28.1%34.5%1.9%1.1%190.1M-4.50B-24.6M0.674.43N/AN/A3,287,5602,197,76017,704,28018,171,080
2018-02-26$6.16$5.7535.6%9.9%51.9%29.2%34.5%1.9%-0.2%83.1M-4.52B-23.7M0.661.76N/AN/A2,226,8401,473,08016,342,32017,062,080
2018-02-27$6.16$5.7536.5%10.0%51.5%31.9%35.3%2.4%-0.2%90.3M-4.51B-24.0M0.572.06N/AN/A2,968,2801,684,60016,873,72017,509,280
2018-02-28$6.06$5.7537.8%10.5%51.4%35.4%37.0%3.2%-0.5%58.4M-3.80B-24.5M0.732.60N/AN/A2,717,8001,989,24017,607,16017,942,240