NVDA Options History — October 2018

In October 2018, NVDA traded between $4.46 and $7.22. ATM implied volatility averaged 50.8%, placing in the 60.3% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded above realized volatility by 6.9% (HV 20d: 43.9%). Max pain ranged from $6.13 to $6.88. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.77.

Notable Days

2018-10-25: Highest Volume — 10,340,920 contracts
2018-10-10: Largest IV spike — 27.9% change
2018-10-24: Highest IV Rank — 100.0%
2018-10-29: Largest Expected Move — 29.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.00	$4.46	$7.22	$7.22	$5.28
Max Pain	$6.49	$6.13	$6.88	$6.88	$6.13
ATM IV	50.8%	28.5%	88.1%	28.6%	70.8%
Expected Move	16.0%	8.0%	29.8%	8.0%	25.1%
HV 20d	43.9%	27.6%	76.8%	28.8%	76.8%
HV 60d	34.6%	26.9%	51.6%	26.9%	51.6%
IV Rank	60.3%	10.6%	100.0%	11.0%	72.8%
IV Percentile	75.4%	19.4%	100.0%	19.8%	98.8%
Term Structure	-0.3%	-5.6%	6.9%	0.1%	-4.4%
VWIV	54.9%	28.7%	101.3%	28.7%	85.9%
Skew 25d	10.3%	2.1%	19.8%	2.1%	16.1%
Skew 10d	19.6%	3.8%	37.4%	4.0%	29.7%
Call IV 25d	45.7%	27.9%	76.0%	28.0%	62.9%
Put IV 25d	56.0%	30.0%	95.8%	30.1%	79.0%
Bid-Ask Spread %	4.43	2.84	8.78	3.60	4.39
Gamma HHI	0.05	0.04	0.13	0.08	0.04
Net GEX	3.4M	-81.8M	185.2M	185.2M	-2.7M
Net DEX	45.6M	-6.48B	4.34B	-6.48B	1.59B
Net VEX	-29.8M	-32.0M	-23.6M	-27.7M	-31.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.44	1.03	0.44	0.57
Total Volume	6,706,457.391	3,881,480	10,340,920	9,904,480	6,125,360
Total OI	40,754,267.826	35,960,120	44,418,160	35,960,120	44,177,120

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
2018-10-01	$7.22	$6.88	28.6%	8.0%	28.8%	11.0%	28.7%	2.1%	0.1%	185.2M	-6.48B	-27.7M	0.44	3.60	N/A	N/A	6,881,280	3,023,200	17,172,080	18,788,040
2018-10-02	$7.16	$6.88	28.8%	8.1%	28.7%	11.6%	29.1%	2.1%	0.3%	171.8M	-5.87B	-29.2M	0.49	3.98	N/A	N/A	4,467,440	2,172,800	18,083,600	19,537,520
2018-10-03	$7.16	$6.88	28.5%	8.1%	27.6%	10.6%	29.1%	2.1%	0.8%	173.3M	-5.86B	-28.7M	0.58	3.65	N/A	N/A	3,896,240	2,278,960	18,652,680	19,939,200
2018-10-04	$6.96	$6.75	31.1%	10.8%	28.6%	17.9%	38.3%	4.1%	0.5%	67.6M	-3.94B	-30.4M	0.69	4.41	N/A	N/A	4,398,800	3,046,960	19,210,600	20,284,640
2018-10-05	$6.74	$6.75	33.7%	11.5%	30.9%	25.3%	40.4%	5.4%	0.3%	10.3M	-2.12B	-30.8M	0.86	4.72	N/A	N/A	4,383,040	3,768,840	19,668,280	20,630,160
2018-10-08	$6.65	$6.75	35.4%	12.1%	31.0%	29.8%	43.0%	6.3%	6.8%	9.3M	-1.94B	-30.8M	0.81	4.88	N/A	N/A	3,427,800	2,774,000	18,066,320	19,825,440
2018-10-09	$6.63	$6.75	34.9%	12.0%	31.0%	28.6%	42.0%	6.0%	6.9%	24.7M	-1.98B	-30.8M	0.75	3.63	N/A	N/A	2,213,040	1,668,440	18,832,320	20,394,000
2018-10-10	$6.18	$6.75	44.7%	14.5%	39.4%	55.7%	49.0%	8.1%	6.1%	-37.9M	625.8M	-30.8M	0.78	4.98	N/A	N/A	4,536,920	3,544,200	19,159,560	20,722,720
2018-10-11	$5.93	$6.75	48.1%	15.2%	40.8%	65.5%	50.3%	10.3%	5.9%	-49.9M	1.78B	-30.2M	0.90	5.84	N/A	N/A	4,141,040	3,714,640	20,106,400	21,135,360
2018-10-12	$6.12	$6.63	45.1%	14.2%	42.2%	57.0%	48.2%	9.7%	6.7%	-20.9M	597.9M	-31.4M	0.91	4.15	N/A	N/A	3,831,440	3,495,480	20,824,000	21,366,360
2018-10-15	$5.93	$6.50	51.3%	15.2%	43.2%	74.1%	51.2%	11.3%	-2.3%	-39.9M	1.30B	-30.4M	0.86	2.84	N/A	N/A	2,494,200	2,157,520	19,236,520	20,909,840
2018-10-16	$6.14	$6.50	46.7%	13.6%	45.6%	61.5%	46.8%	9.6%	-1.5%	-9.4M	88.3M	-31.7M	0.70	4.34	N/A	N/A	2,766,240	1,925,760	20,078,760	21,351,320
2018-10-17	$6.07	$6.50	46.8%	13.4%	45.6%	61.6%	46.6%	9.2%	-1.0%	-17.7M	483.7M	-31.6M	0.92	4.95	N/A	N/A	2,326,200	2,147,120	20,480,880	21,701,760
2018-10-18	$6.00	$6.38	50.4%	14.5%	45.3%	71.7%	49.8%	10.7%	-1.8%	-33.7M	805.6M	-32.0M	0.77	4.63	N/A	N/A	3,381,600	2,606,240	21,018,160	21,951,400
2018-10-19	$5.76	$6.25	53.5%	15.6%	47.1%	80.4%	53.1%	12.2%	-2.2%	-81.8M	2.19B	-31.0M	1.03	3.73	N/A	N/A	4,116,360	4,227,800	21,775,400	22,282,520
2018-10-22	$5.80	$6.25	52.6%	15.6%	47.0%	78.0%	53.1%	11.8%	-1.8%	-22.0M	863.8M	-31.2M	0.78	3.01	N/A	N/A	2,501,160	1,956,960	18,089,760	20,100,640
2018-10-23	$5.55	$6.25	57.4%	17.4%	48.3%	91.2%	60.1%	13.4%	-2.2%	-40.7M	1.93B	-29.8M	0.79	3.62	N/A	N/A	3,060,360	2,410,440	18,689,880	20,505,120
2018-10-24	$5.16	$6.25	69.3%	21.4%	53.0%	100.0%	69.8%	16.4%	-3.8%	-46.0M	3.08B	-27.8M	1.01	4.15	N/A	N/A	4,416,000	4,446,960	19,447,760	20,862,800
2018-10-25	$5.20	$6.13	68.0%	21.1%	53.4%	97.0%	73.3%	14.9%	-3.9%	-34.7M	2.84B	-28.8M	0.73	4.07	N/A	N/A	5,981,960	4,358,960	20,725,600	21,715,200
2018-10-26	$4.92	$6.13	75.2%	24.2%	50.0%	100.0%	80.5%	17.1%	-5.0%	-54.2M	3.78B	-27.4M	0.81	5.81	N/A	N/A	4,378,160	3,540,960	21,787,040	22,631,120
2018-10-29	$4.46	$6.13	88.1%	29.8%	54.4%	100.0%	101.3%	19.8%	-5.6%	-43.0M	4.34B	-23.6M	0.87	8.78	N/A	N/A	3,319,440	2,879,360	20,163,600	21,881,000
2018-10-30	$4.97	$6.13	79.1%	26.6%	71.5%	85.9%	92.0%	18.8%	-4.8%	-28.5M	2.94B	-28.7M	0.73	3.83	N/A	N/A	2,932,000	2,126,840	21,076,480	22,309,200
2018-10-31	$5.28	$6.13	70.8%	25.1%	76.8%	72.8%	85.9%	16.1%	-4.4%	-2.7M	1.59B	-31.3M	0.57	4.39	N/A	N/A	3,907,200	2,218,160	21,474,000	22,703,120