NVDA Options History — July 2018

In July 2018, NVDA traded between $5.92 and $6.37. ATM implied volatility averaged 35.5%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 6.3% (HV 20d: 29.2%). Max pain ranged from $6.13 to $6.31. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.71.

Notable Days

  • 2018-07-27: Highest Volume — 5,079,720 contracts
  • 2018-07-16: Largest IV spike — 14.6% change
  • 2018-07-30: Highest IV Rank — 50.6%
  • 2018-07-30: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.22$5.92$6.37$6.04$6.15
Max Pain$6.23$6.13$6.31$6.31$6.25
ATM IV35.5%27.0%42.8%32.2%42.3%
Expected Move11.2%8.9%13.6%8.9%13.5%
HV 20d29.2%22.5%33.7%27.6%24.0%
HV 60d28.9%26.8%31.9%31.7%26.9%
IV Rank30.1%6.7%50.6%21.1%49.1%
IV Percentile42.0%6.3%69.8%27.4%67.5%
Term Structure1.5%-2.1%10.0%0.6%-2.0%
VWIV38.6%32.6%45.9%32.6%44.2%
Skew 25d5.3%3.7%6.8%5.1%6.6%
Skew 10d9.8%6.8%11.7%9.4%11.5%
Call IV 25d32.6%25.3%38.7%30.3%38.4%
Put IV 25d37.9%28.9%45.5%35.3%45.0%
Bid-Ask Spread %4.482.949.223.454.78
Gamma HHI0.060.040.150.040.04
Net GEX64.4M-2.9M135.1M20.5M24.5M
Net DEX-2.08B-3.20B-190.9M-904.3M-1.74B
Net VEX-29.6M-30.4M-29.0M-30.2M-30.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.461.000.950.68
Total Volume3,827,466.6672,679,5205,079,7204,156,2802,967,920
Total OI36,921,803.8132,659,56040,398,24035,672,32036,429,800

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$6.04$6.3132.2%8.9%27.6%21.1%32.6%5.1%0.6%20.5M-904.3M-30.2M0.953.45N/AN/A2,131,0002,025,28017,825,52017,846,800
2018-07-03$5.92$6.3134.3%9.9%28.1%27.0%33.9%4.9%0.1%-2.9M-190.9M-30.2M0.788.94N/AN/A1,508,3601,171,16018,251,48018,357,600
2018-07-05$6.06$6.1331.1%11.3%29.9%17.9%38.7%4.9%-0.3%38.8M-1.07B-29.9M0.654.65N/AN/A1,898,2001,241,96018,594,80018,577,800
2018-07-06$6.18$6.1328.8%10.9%31.1%11.5%37.5%4.1%0.6%135.1M-2.12B-29.8M0.585.25N/AN/A2,852,7601,641,60018,908,84018,832,440
2018-07-09$6.22$6.1328.4%10.6%31.2%10.4%37.0%3.8%8.4%66.9M-2.13B-29.1M0.633.77N/AN/A2,136,1201,336,88017,936,72018,218,920
2018-07-10$6.32$6.1327.0%10.5%32.0%6.7%36.7%3.7%9.5%107.3M-2.96B-29.2M0.633.80N/AN/A3,070,0801,940,68018,357,48018,636,320
2018-07-11$6.19$6.2529.5%11.0%32.6%13.5%38.0%4.1%8.8%46.3M-1.81B-29.8M0.703.42N/AN/A2,332,0801,630,04018,748,44019,126,920
2018-07-12$6.28$6.2530.4%10.8%33.0%16.0%37.8%4.4%9.2%100.8M-2.52B-29.9M0.783.53N/AN/A2,079,2401,624,32019,147,16019,568,840
2018-07-13$6.23$6.2531.5%10.8%32.4%19.1%37.4%4.4%10.0%50.0M-1.96B-29.8M0.973.13N/AN/A1,923,9601,867,48019,283,36019,723,440
2018-07-16$6.20$6.2536.1%11.0%32.3%31.8%38.2%6.1%-0.3%22.1M-1.69B-29.1M0.912.94N/AN/A1,673,3201,522,56018,248,92019,045,800
2018-07-17$6.34$6.2537.0%10.9%33.7%34.4%37.7%5.9%-0.4%94.2M-3.03B-29.6M0.534.09N/AN/A2,707,5601,447,08018,790,08019,525,040
2018-07-18$6.29$6.2539.0%11.2%32.7%40.0%38.4%5.8%-1.3%81.1M-2.57B-29.5M0.602.99N/AN/A2,157,8801,299,44019,416,04019,768,720
2018-07-19$6.31$6.2539.0%11.2%32.1%40.1%38.7%6.0%-1.1%85.7M-2.76B-29.6M0.883.86N/AN/A1,817,8801,593,08019,749,48020,137,440
2018-07-20$6.27$6.2538.3%11.0%31.4%37.9%38.1%5.8%-0.9%81.4M-2.47B-29.5M0.643.61N/AN/A2,001,8001,271,44019,866,16020,532,080
2018-07-23$6.23$6.2538.7%11.3%30.4%39.1%39.6%5.7%-1.2%38.1M-2.13B-29.0M1.003.68N/AN/A1,891,1201,885,32015,524,28017,135,280
2018-07-24$6.21$6.2539.9%11.8%24.4%42.4%40.1%5.7%-1.6%30.9M-2.00B-29.4M0.593.18N/AN/A2,686,1201,580,52015,922,96017,992,160
2018-07-25$6.27$6.2539.5%11.6%23.9%41.3%39.3%6.0%-1.7%66.2M-2.45B-29.4M0.745.75N/AN/A1,981,0801,475,44016,557,72018,431,040
2018-07-26$6.37$6.2539.4%11.8%22.5%41.1%40.9%5.8%-1.7%130.5M-3.20B-29.5M0.463.34N/AN/A2,689,4801,234,12016,889,24018,713,200
2018-07-27$6.31$6.2539.8%11.9%22.7%42.1%40.3%6.4%-2.0%132.7M-2.66B-29.6M0.709.22N/AN/A2,995,6402,084,08017,149,88018,937,600
2018-07-30$6.12$6.2542.8%13.6%24.7%50.6%45.9%6.8%-2.1%2.1M-1.35B-29.6M0.506.77N/AN/A3,327,5601,675,16016,257,52018,394,560
2018-07-31$6.15$6.2542.3%13.5%24.0%49.1%44.2%6.6%-2.0%24.5M-1.74B-30.4M0.684.78N/AN/A1,771,3201,196,60017,555,80018,874,000