NVDA Options History — September 2018

In September 2018, NVDA traded between $6.57 and $7.11. ATM implied volatility averaged 28.9%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 1.2% (HV 20d: 27.6%). Max pain ranged from $6.25 to $6.88. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.69.

Notable Days

  • 2018-09-28: Highest Volume — 13,051,240 contracts
  • 2018-09-05: Largest IV spike — 6.5% change
  • 2018-09-06: Highest IV Rank — 17.6%
  • 2018-09-07: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.80$6.57$7.11$7.11$7.02
Max Pain$6.77$6.25$6.88$6.25$6.81
ATM IV28.9%27.3%30.9%27.9%28.6%
Expected Move8.2%7.6%8.9%7.9%8.0%
HV 20d27.6%20.2%33.4%31.0%27.4%
HV 60d27.4%25.1%29.0%28.2%26.7%
IV Rank11.8%7.3%17.6%9.2%10.9%
IV Percentile18.4%10.3%26.6%15.1%19.4%
Term Structure0.1%-0.3%0.9%0.1%-0.2%
VWIV29.2%26.8%31.3%29.0%28.7%
Skew 25d4.4%2.7%5.6%2.8%2.7%
Skew 10d8.8%4.9%10.9%5.4%4.9%
Call IV 25d27.1%25.6%28.7%27.1%27.7%
Put IV 25d31.5%29.8%34.2%29.9%30.4%
Bid-Ask Spread %4.863.235.964.633.87
Gamma HHI0.080.050.270.070.19
Net GEX84.7M-109.8M195.9M173.9M195.9M
Net DEX-4.49B-7.30B-2.40B-7.30B-5.63B
Net VEX-29.3M-31.0M-27.9M-27.9M-28.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.381.220.640.38
Total Volume5,003,317.8952,285,08013,051,2406,068,32013,051,240
Total OI40,522,728.42133,882,64043,921,12039,531,48036,509,800

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$7.11$6.2527.9%7.9%31.0%9.2%29.0%2.8%0.1%173.9M-7.30B-27.9M0.644.63N/AN/A3,699,6402,368,68018,718,68020,812,800
2018-09-05$6.96$6.2529.8%8.5%32.3%14.3%30.6%4.6%-0.1%124.8M-5.99B-29.6M0.944.54N/AN/A3,187,2402,996,24019,656,24022,167,560
2018-09-06$6.82$6.5030.9%8.8%33.3%17.6%31.2%5.5%-0.3%48.9M-4.75B-30.6M1.225.33N/AN/A2,433,2002,959,92019,926,16022,606,600
2018-09-07$6.80$6.7530.3%8.9%33.1%15.8%31.0%5.4%0.2%30.0M-4.62B-31.0M1.025.05N/AN/A2,904,3202,969,84020,403,96022,980,120
2018-09-10$6.87$6.7530.1%8.7%32.7%15.3%31.3%5.2%0.2%113.5M-5.25B-30.2M0.744.59N/AN/A2,053,2801,519,80019,168,68021,626,560
2018-09-11$6.82$6.7529.9%8.5%32.9%14.6%30.0%4.8%-0.2%104.5M-4.90B-29.7M0.665.06N/AN/A2,583,4801,713,12019,647,84021,954,480
2018-09-12$6.70$6.8830.5%8.7%33.1%16.4%30.8%5.6%-0.3%51.7M-3.85B-30.3M0.715.75N/AN/A3,341,9602,356,44019,991,24022,391,840
2018-09-13$6.78$6.8829.2%8.4%33.0%12.7%29.6%4.7%0.2%100.5M-4.69B-30.2M0.605.35N/AN/A3,086,4401,859,48020,430,32022,643,240
2018-09-14$6.90$6.8827.7%8.0%33.4%8.6%28.1%4.0%0.3%194.5M-5.97B-29.5M0.465.28N/AN/A5,394,8802,505,64020,766,96022,946,680
2018-09-17$6.84$6.8828.9%8.3%25.2%11.8%29.8%4.4%0.9%120.1M-5.10B-29.1M0.545.48N/AN/A2,131,2801,148,20019,706,40022,114,560
2018-09-18$6.80$6.8828.8%8.3%25.2%11.5%29.7%4.4%0.1%106.2M-4.88B-29.0M0.614.72N/AN/A2,414,5601,473,64020,027,04022,312,840
2018-09-19$6.80$6.8828.2%8.1%24.7%10.0%28.4%4.4%0.2%96.4M-4.82B-28.7M0.574.90N/AN/A1,977,8801,124,88020,181,16022,517,760
2018-09-20$6.66$6.8828.8%8.3%22.2%11.7%29.1%4.4%0.2%23.3M-3.57B-28.6M0.624.69N/AN/A2,931,2801,815,76020,465,04022,649,480
2018-09-21$6.57$6.8828.4%8.1%22.3%10.6%28.3%4.1%0.8%-109.8M-2.86B-28.6M0.915.17N/AN/A2,633,2402,401,76020,903,40023,017,720
2018-09-24$6.63$6.8828.4%8.0%21.0%10.5%28.0%4.2%-0.1%31.1M-2.40B-28.6M0.645.96N/AN/A1,997,6401,272,28015,717,16018,165,480
2018-09-25$6.73$6.8827.5%7.7%21.1%7.9%27.2%4.5%0.2%82.3M-3.10B-28.6M0.553.23N/AN/A2,397,0401,314,56016,370,36018,507,600
2018-09-26$6.69$6.8827.4%7.7%21.1%7.7%27.4%4.0%0.0%70.7M-2.87B-28.9M0.664.74N/AN/A1,665,1201,094,00016,840,28018,934,960
2018-09-27$6.68$6.8827.3%7.6%20.2%7.3%26.8%4.3%0.1%51.4M-2.74B-28.6M0.674.04N/AN/A1,366,440918,64016,942,64019,208,200
2018-09-28$7.02$6.8128.6%8.0%27.4%10.9%28.7%2.7%-0.2%195.9M-5.63B-28.2M0.383.87N/AN/A9,484,4403,566,80017,198,04019,311,760