NVDA Options History — January 2019

In January 2019, NVDA traded between $3.21 and $4.00. ATM implied volatility averaged 52.9%, placing in the 44.5% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 4.8% (HV 20d: 57.7%). Max pain ranged from $3.38 to $4.25. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.95.

Notable Days

  • 2019-01-30: Highest Volume — 12,685,680 contracts
  • 2019-01-22: Largest IV spike — 13.3% change
  • 2019-01-22: Highest IV Rank — 55.2%
  • 2019-01-22: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.62$3.21$4.00$3.40$3.57
Max Pain$3.51$3.38$4.25$4.25$4.00
ATM IV52.9%48.1%59.7%51.6%50.2%
Expected Move16.5%13.5%18.0%16.3%13.5%
HV 20d57.7%46.0%79.5%50.0%79.5%
HV 60d77.6%75.1%78.5%76.4%77.7%
IV Rank44.5%36.9%55.2%42.5%40.3%
IV Percentile81.9%70.6%90.9%83.3%72.6%
Term Structure0.9%-3.0%10.9%-0.9%-1.8%
VWIV57.1%47.7%62.3%56.1%47.7%
Skew 25d7.1%5.5%8.8%7.4%5.5%
Skew 10d12.1%9.3%15.3%13.6%9.3%
Call IV 25d49.4%42.8%55.0%48.1%47.9%
Put IV 25d56.4%48.5%63.4%55.5%53.3%
Bid-Ask Spread %3.011.886.042.311.88
Gamma HHI0.110.030.560.040.04
Net GEX16.2M-33.6M126.5M-13.6M14.6M
Net DEX1.57B-320.8M3.40B3.03B999.0M
Net VEX-15.4M-18.4M-11.5M-13.0M-16.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.482.271.581.08
Total Volume8,052,521.9052,802,04012,685,6807,514,88010,936,080
Total OI41,825,485.71430,355,08049,516,52042,655,04039,961,760

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$3.40$4.2551.6%16.3%50.0%42.5%56.1%7.4%-0.9%-13.6M3.03B-13.0M1.582.31N/AN/A2,913,5604,601,32022,723,64019,931,400
2019-01-03$3.21$3.5054.9%17.6%46.0%47.7%60.2%8.1%-1.2%-26.5M3.40B-11.5M0.866.04N/AN/A3,384,9602,906,24023,055,56019,816,160
2019-01-04$3.40$3.3851.4%17.0%51.5%42.2%58.7%7.0%-1.0%-3.2M2.68B-13.4M0.964.17N/AN/A4,171,2004,009,20024,231,08020,340,200
2019-01-07$3.60$3.3853.6%17.8%56.6%45.7%62.3%7.0%8.7%-2.4M1.97B-15.2M0.672.86N/AN/A1,676,1201,125,92023,140,84019,449,280
2019-01-08$3.49$3.3850.2%17.0%55.3%40.3%59.0%6.7%9.3%-3.6M2.43B-14.3M0.623.14N/AN/A3,931,4802,419,20024,338,52020,266,040
2019-01-09$3.56$3.3848.1%16.6%55.7%36.9%57.9%6.1%9.8%8.1M2.11B-15.0M0.914.26N/AN/A3,373,8003,062,32024,984,36020,831,120
2019-01-10$3.63$3.3850.0%16.8%55.9%40.0%58.9%6.3%10.9%28.3M1.71B-15.7M0.914.33N/AN/A3,389,4003,093,32025,644,76021,126,120
2019-01-11$3.74$3.3848.8%15.9%56.9%38.1%55.9%5.7%10.5%89.7M1.06B-16.2M0.592.94N/AN/A6,584,7603,875,00025,994,16021,461,080
2019-01-14$3.78$3.3851.2%15.4%57.1%41.9%53.3%7.8%-1.6%19.9M1.19B-16.3M0.513.31N/AN/A3,900,4401,987,00024,942,40020,804,080
2019-01-15$3.75$3.3850.9%14.9%56.8%41.4%51.9%8.4%-1.0%15.9M1.37B-15.9M0.602.89N/AN/A3,291,3601,977,52025,561,92021,335,320
2019-01-16$3.72$3.3852.5%15.0%55.9%43.8%51.5%8.8%-1.1%5.1M1.66B-15.7M2.272.30N/AN/A3,358,7207,607,40025,858,60021,788,440
2019-01-17$3.79$3.5052.9%15.3%54.6%44.5%52.5%8.5%-2.0%35.7M985.9M-16.4M1.064.50N/AN/A4,125,0404,353,56026,700,12022,194,480
2019-01-18$3.90$3.5052.7%15.3%47.9%44.2%52.5%7.4%-1.9%48.2M10.4M-16.8M0.522.91N/AN/A7,046,2403,633,80027,038,44022,478,080
2019-01-22$3.70$3.5059.7%18.0%51.6%55.2%60.5%8.3%-3.0%-1.2M1.17B-16.0M0.482.65N/AN/A4,822,6002,323,00015,757,44014,597,640
2019-01-23$3.74$3.5058.7%17.9%48.2%53.6%61.1%8.4%-2.9%11.2M962.1M-16.6M1.042.06N/AN/A3,626,8403,787,44017,237,56015,287,920
2019-01-24$3.94$3.5057.2%17.6%50.3%51.3%60.0%7.5%-2.9%49.6M-4.1M-18.1M0.661.94N/AN/A5,679,4803,773,96017,907,32015,917,040
2019-01-25$4.00$3.5055.9%17.4%49.9%49.3%60.5%5.9%-2.8%126.5M-320.8M-18.4M0.662.03N/AN/A7,476,1204,960,20018,633,20016,682,960
2019-01-28$3.44$3.6353.7%16.9%75.9%45.8%59.1%5.5%-2.0%-22.6M2.22B-14.3M0.942.05N/AN/A1,522,9601,437,44017,497,40015,852,280
2019-01-29$3.29$3.5054.9%17.7%77.2%47.7%61.3%5.9%-1.9%-33.6M2.62B-14.0M1.182.38N/AN/A4,702,9205,569,36019,640,60018,135,400
2019-01-30$3.43$3.5051.7%17.0%78.6%42.6%58.4%6.0%-1.8%-6.0M1.82B-15.3M1.892.19N/AN/A4,391,3608,294,32020,653,16018,537,320
2019-01-31$3.57$4.0050.2%13.5%79.5%40.3%47.7%5.5%-1.8%14.6M999.0M-16.2M1.081.88N/AN/A5,266,8005,669,28021,063,80018,897,960