NVDA Options History — August 2018

In August 2018, NVDA traded between $6.10 and $7.01. ATM implied volatility averaged 32.6%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 7.5% (HV 20d: 25.1%). Max pain ranged from $6.00 to $6.25. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.74.

Notable Days

2018-08-17: Highest Volume — 15,522,720 contracts
2018-08-17: Largest IV drop — 30.0% change
2018-08-01: Highest IV Rank — 46.2%
2018-08-02: Largest Expected Move — 13.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.52	$6.10	$7.01	$6.16	$7.01
Max Pain	$6.13	$6.00	$6.25	$6.25	$6.25
ATM IV	32.6%	25.7%	41.2%	41.2%	26.5%
Expected Move	9.3%	7.3%	13.5%	13.5%	7.4%
HV 20d	25.1%	19.0%	32.7%	22.8%	30.9%
HV 60d	26.1%	23.6%	28.5%	25.5%	28.1%
IV Rank	22.2%	3.0%	46.2%	46.2%	5.1%
IV Percentile	31.8%	3.6%	66.7%	65.1%	7.1%
Term Structure	-0.8%	-2.6%	0.5%	-2.3%	0.5%
VWIV	33.0%	26.5%	46.9%	46.8%	27.7%
Skew 25d	4.0%	1.5%	6.5%	6.5%	2.9%
Skew 10d	7.4%	3.1%	11.8%	11.8%	5.4%
Call IV 25d	30.8%	24.7%	38.3%	38.0%	25.3%
Put IV 25d	34.8%	27.3%	44.4%	44.4%	28.2%
Bid-Ask Spread %	4.39	2.06	9.39	5.01	4.31
Gamma HHI	0.07	0.05	0.20	0.05	0.20
Net GEX	122.7M	-109.7M	279.6M	26.2M	268.7M
Net DEX	-4.32B	-7.35B	-424.8M	-1.86B	-7.35B
Net VEX	-29.2M	-30.4M	-28.2M	-30.2M	-29.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.55	0.97	0.91	0.97
Total Volume	6,612,965.217	2,575,360	15,522,720	2,622,880	5,669,520
Total OI	39,606,516.522	36,730,400	44,742,800	37,197,120	43,452,000

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-08-01	$6.16	$6.25	41.2%	13.5%	22.8%	46.2%	46.8%	6.5%	-2.3%	26.2M	-1.86B	-30.2M	0.91	5.01	N/A	N/A	1,371,200	1,251,680	18,040,320	19,156,800
2018-08-02	$6.25	$6.25	40.4%	13.5%	21.9%	44.0%	46.9%	6.5%	-2.2%	69.3M	-2.50B	-30.4M	0.91	4.75	N/A	N/A	1,753,240	1,601,360	18,267,680	19,641,400
2018-08-03	$6.30	$6.25	39.3%	13.3%	20.9%	40.9%	45.3%	6.2%	-2.4%	109.7M	-2.92B	-30.3M	0.72	4.01	N/A	N/A	1,928,560	1,389,600	18,438,120	19,934,920
2018-08-06	$6.35	$6.00	37.7%	9.9%	21.0%	36.4%	35.4%	5.4%	-1.5%	87.4M	-3.16B	-29.5M	0.85	5.18	N/A	N/A	1,607,120	1,367,640	17,579,480	19,166,160
2018-08-07	$6.42	$6.00	36.9%	9.8%	20.5%	34.2%	34.2%	5.2%	-1.6%	116.9M	-3.72B	-29.1M	0.62	3.67	N/A	N/A	2,461,320	1,531,720	18,005,840	19,451,000
2018-08-08	$6.48	$6.00	36.0%	9.5%	19.1%	31.7%	33.3%	5.3%	-1.6%	145.6M	-4.20B	-29.1M	0.59	5.44	N/A	N/A	2,082,200	1,225,560	18,462,560	19,771,800
2018-08-09	$6.42	$6.00	36.0%	9.7%	19.0%	31.6%	33.3%	5.3%	-1.8%	105.7M	-3.67B	-28.6M	0.72	3.87	N/A	N/A	1,495,880	1,079,480	18,609,760	20,000,920
2018-08-10	$6.35	$6.00	36.8%	9.9%	19.3%	33.9%	34.3%	5.5%	-1.9%	32.9M	-3.02B	-29.0M	0.96	4.66	N/A	N/A	1,759,720	1,682,120	18,826,560	20,195,400
2018-08-13	$6.41	$6.00	37.4%	10.3%	19.4%	35.5%	36.6%	5.5%	-0.9%	81.2M	-3.50B	-28.2M	0.82	4.00	N/A	N/A	2,328,600	1,914,200	17,923,480	19,259,960
2018-08-14	$6.54	$6.00	36.1%	10.0%	19.0%	31.9%	35.2%	5.2%	-1.0%	107.8M	-4.40B	-28.4M	0.70	4.82	N/A	N/A	2,573,720	1,793,320	18,412,040	19,872,480
2018-08-15	$6.48	$6.13	38.7%	10.7%	19.1%	39.1%	38.1%	5.8%	-1.4%	96.0M	-3.91B	-29.2M	0.67	5.36	N/A	N/A	3,445,880	2,298,760	18,980,720	20,341,720
2018-08-16	$6.46	$6.13	40.5%	11.0%	19.2%	44.1%	38.6%	5.1%	-2.6%	101.2M	-3.90B	-29.4M	0.74	9.39	N/A	N/A	6,130,320	4,518,760	19,881,800	20,938,320
2018-08-17	$6.10	$6.13	28.3%	8.2%	28.1%	10.3%	29.0%	3.6%	0.1%	-109.7M	-424.8M	-28.2M	0.94	2.06	N/A	N/A	7,986,760	7,535,960	21,721,680	23,021,120
2018-08-20	$6.20	$6.13	27.8%	8.0%	28.8%	8.6%	28.2%	3.2%	0.4%	43.7M	-2.16B	-29.6M	0.59	3.94	N/A	N/A	6,364,880	3,785,800	17,602,480	19,127,920
2018-08-21	$6.31	$6.13	25.7%	7.4%	29.5%	3.0%	26.7%	2.7%	0.4%	126.7M	-3.27B	-30.1M	0.77	3.35	N/A	N/A	3,546,320	2,717,200	19,036,360	19,964,120
2018-08-22	$6.57	$6.13	26.7%	7.7%	32.5%	5.8%	27.4%	1.8%	0.0%	192.1M	-5.49B	-29.3M	0.60	3.37	N/A	N/A	7,455,320	4,489,240	19,298,160	20,340,280
2018-08-23	$6.65	$6.13	26.5%	7.6%	32.3%	5.2%	27.3%	1.5%	0.1%	212.0M	-6.04B	-29.7M	0.62	2.77	N/A	N/A	7,839,040	4,874,520	19,911,560	21,040,600
2018-08-24	$6.80	$6.13	26.1%	7.5%	32.7%	4.0%	27.0%	2.0%	0.1%	279.6M	-7.23B	-29.0M	0.71	4.56	N/A	N/A	6,016,240	4,301,280	20,477,160	21,958,040
2018-08-27	$6.89	$6.25	26.7%	7.6%	30.4%	5.7%	27.6%	1.6%	0.2%	168.7M	-6.72B	-28.3M	0.55	3.63	N/A	N/A	5,489,320	3,038,480	18,703,320	20,737,720
2018-08-28	$6.87	$6.25	26.0%	7.4%	30.5%	3.8%	27.0%	2.0%	0.1%	163.7M	-6.32B	-29.0M	0.74	3.84	N/A	N/A	4,054,000	2,987,640	19,263,160	21,566,120
2018-08-29	$6.97	$6.25	25.7%	7.3%	30.7%	3.1%	26.5%	2.0%	0.3%	212.6M	-7.15B	-28.5M	0.69	3.95	N/A	N/A	3,989,280	2,756,000	19,592,680	22,150,080
2018-08-30	$6.93	$6.25	27.0%	7.6%	30.8%	6.5%	27.3%	2.3%	0.1%	183.7M	-6.56B	-29.7M	0.65	5.07	N/A	N/A	3,995,160	2,614,280	20,144,160	22,681,920
2018-08-31	$7.01	$6.25	26.5%	7.4%	30.9%	5.1%	27.7%	2.9%	0.5%	268.7M	-7.35B	-29.2M	0.97	4.31	N/A	N/A	2,880,360	2,789,160	20,425,280	23,026,720