NVDA Options History — March 2018

In March 2018, NVDA traded between $5.56 and $6.28. ATM implied volatility averaged 40.1%, placing in the 41.9% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 1.4% (HV 20d: 38.7%). Max pain ranged from $5.75 to $6.13. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2018-03-27: Highest Volume — 13,110,680 contracts
  • 2018-03-27: Largest IV spike — 22.2% change
  • 2018-03-27: Highest IV Rank — 65.8%
  • 2018-03-27: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.02$5.56$6.28$5.81$5.82
Max Pain$5.96$5.75$6.13$5.75$6.13
ATM IV40.1%36.3%48.5%41.8%42.6%
Expected Move11.5%10.3%14.3%12.4%12.3%
HV 20d38.7%27.0%53.2%53.2%48.5%
HV 60d39.8%37.5%45.2%40.5%45.2%
IV Rank41.9%31.3%65.8%46.9%49.0%
IV Percentile57.5%41.7%85.3%63.5%65.1%
Term Structure-0.1%-1.6%2.7%-1.1%1.6%
VWIV40.0%35.9%48.7%42.8%42.9%
Skew 25d4.7%2.5%12.0%5.0%7.7%
Skew 10d8.8%4.5%21.1%10.0%12.2%
Call IV 25d37.7%35.0%41.8%39.6%37.8%
Put IV 25d42.4%38.0%53.5%44.7%45.6%
Bid-Ask Spread %6.591.9319.633.918.26
Gamma HHI0.090.040.560.050.05
Net GEX85.2M-29.0M478.8M-20.3M26.4M
Net DEX-3.41B-6.09B603.9M-1.92B-1.23B
Net VEX-26.7M-29.8M-25.1M-25.1M-29.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.380.890.690.71
Total Volume7,006,533.3334,052,24013,110,6809,002,48010,978,960
Total OI37,908,899.04832,041,28042,192,40036,553,40040,443,040

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$5.81$5.7541.8%12.4%53.2%46.9%42.8%5.0%-1.1%-20.3M-1.92B-25.1M0.693.91N/AN/A5,319,8403,682,64018,031,00018,522,400
2018-03-02$5.92$5.7539.7%11.2%53.1%40.8%39.9%4.8%-0.7%41.0M-2.83B-25.4M0.722.55N/AN/A5,688,2404,083,20019,050,00019,194,720
2018-03-05$5.89$5.7541.2%11.7%52.1%45.0%40.7%4.4%-0.4%45.0M-2.99B-25.7M0.552.04N/AN/A3,005,7601,641,68017,813,92018,364,880
2018-03-06$6.05$5.7539.7%11.5%43.9%41.0%40.0%4.0%0.2%93.0M-4.27B-25.6M0.381.99N/AN/A4,655,1201,782,04018,502,00018,767,920
2018-03-07$6.05$5.7538.7%11.3%41.9%38.0%39.2%3.9%0.2%111.1M-4.33B-25.7M0.511.93N/AN/A3,068,4001,569,48019,270,80019,182,080
2018-03-08$6.02$5.7538.5%11.2%41.5%37.4%39.0%3.4%0.3%108.8M-4.07B-25.8M0.632.77N/AN/A2,593,7201,642,96019,654,32019,542,320
2018-03-09$6.13$5.8836.4%10.5%37.6%31.5%36.9%3.0%0.1%478.8M-5.21B-25.4M0.5616.66N/AN/A4,675,2002,594,76020,146,68020,089,160
2018-03-12$6.25$5.8838.0%10.8%32.3%36.2%38.0%2.5%-0.2%125.9M-5.79B-25.1M0.534.38N/AN/A4,691,5202,470,80019,060,96019,404,440
2018-03-13$6.19$5.8838.5%10.8%31.1%37.5%37.9%2.9%-0.7%118.4M-5.23B-25.6M0.6411.08N/AN/A4,273,9602,737,08019,783,80020,077,160
2018-03-14$6.22$5.8837.8%10.7%30.3%35.5%37.7%3.2%-0.5%135.2M-5.42B-26.1M0.684.66N/AN/A2,407,2401,645,00020,219,28020,362,360
2018-03-15$6.23$6.0037.5%10.6%27.6%34.7%37.2%2.6%-0.6%159.1M-5.80B-25.7M0.759.51N/AN/A3,648,8002,729,40020,692,44020,774,640
2018-03-16$6.28$6.0036.3%10.3%27.0%31.3%35.9%2.6%-0.7%72.8M-6.09B-26.2M0.614.46N/AN/A3,780,3602,311,20020,918,60021,273,800
2018-03-19$6.03$6.1339.7%11.3%30.7%41.0%39.1%4.0%-0.4%42.2M-2.55B-26.9M0.746.67N/AN/A4,190,8003,117,84015,927,08016,114,200
2018-03-20$6.24$6.1337.6%10.8%32.4%35.0%38.0%3.4%-0.2%99.6M-4.06B-27.3M0.603.65N/AN/A3,986,5602,406,16016,909,20017,225,000
2018-03-21$6.22$6.1336.8%10.5%30.5%32.5%36.6%3.1%-1.0%103.9M-3.87B-27.9M0.666.81N/AN/A2,565,8401,686,80017,640,36017,844,160
2018-03-22$6.06$6.1340.7%11.6%32.0%43.7%40.0%4.5%0.9%36.5M-2.52B-28.6M0.654.10N/AN/A3,537,2002,306,88018,130,20018,266,680
2018-03-23$5.84$6.1344.1%12.6%34.0%53.3%43.0%5.1%1.0%-9.0M-954.4M-28.3M0.779.27N/AN/A5,312,4004,110,56018,770,72018,654,640
2018-03-26$6.11$6.1339.7%11.4%38.0%40.8%39.6%5.7%2.7%58.1M-3.09B-28.1M0.645.53N/AN/A3,565,0402,279,48017,230,36017,688,600
2018-03-27$5.63$6.1348.5%14.3%47.6%65.8%47.3%12.0%-1.6%-9.4M-68.4M-28.4M0.7019.63N/AN/A7,730,5605,380,12018,454,80018,619,400
2018-03-28$5.56$6.1347.7%14.1%47.5%63.5%48.7%10.5%-0.6%-29.0M603.9M-28.4M0.898.57N/AN/A3,844,3603,439,24019,689,20019,779,560
2018-03-29$5.82$6.1342.6%12.3%48.5%49.0%42.9%7.7%1.6%26.4M-1.23B-29.8M0.718.26N/AN/A6,430,6004,548,36020,181,48020,261,560