NVDA Options History — February 2019

In February 2019, NVDA traded between $3.61 and $3.98. ATM implied volatility averaged 44.6%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded below realized volatility by 21.1% (HV 20d: 65.7%). Max pain ranged from $4.00 to $4.13. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.82.

Notable Days

  • 2019-02-15: Highest Volume — 19,902,520 contracts
  • 2019-02-15: Largest IV drop — 19.7% change
  • 2019-02-11: Highest IV Rank — 43.2%
  • 2019-02-11: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.83$3.61$3.98$3.61$3.86
Max Pain$4.01$4.00$4.13$4.00$4.00
ATM IV44.6%38.4%52.1%48.6%38.4%
Expected Move12.2%9.9%14.8%13.3%10.2%
HV 20d65.7%31.4%76.4%76.4%31.4%
HV 60d67.7%57.4%78.2%77.8%57.4%
IV Rank31.4%21.7%43.2%37.7%21.7%
IV Percentile58.6%39.3%80.6%67.5%39.3%
Term Structure-0.9%-2.7%2.1%-1.5%-0.5%
VWIV42.8%35.4%51.1%45.2%35.7%
Skew 25d5.0%3.5%7.0%5.0%4.5%
Skew 10d8.5%5.9%12.2%7.8%8.0%
Call IV 25d42.3%36.6%49.2%46.7%36.7%
Put IV 25d47.2%40.7%55.7%51.8%41.2%
Bid-Ask Spread %1.961.412.552.402.06
Gamma HHI0.070.050.270.140.06
Net GEX13.3M-9.2M70.9M27.5M-9.2M
Net DEX585.3M-576.0M1.21B817.7M1.21B
Net VEX-17.6M-18.1M-16.5M-16.5M-17.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.511.281.280.55
Total Volume7,187,021.0533,522,72019,902,5209,478,6003,522,720
Total OI38,416,785.26334,735,20045,065,40040,788,64037,932,240

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-02-01$3.61$4.0048.6%13.3%76.4%37.7%45.2%5.0%-1.5%27.5M817.7M-16.5M1.282.40N/AN/A4,163,0005,315,60021,389,24019,399,400
2019-02-04$3.73$4.0047.0%12.9%74.8%35.2%45.8%4.8%-1.5%12.7M607.2M-16.8M0.642.55N/AN/A3,776,3202,430,20019,083,24017,308,360
2019-02-05$3.75$4.1346.3%12.8%71.9%34.1%45.6%4.9%-1.5%13.0M537.3M-17.1M0.841.41N/AN/A2,888,6002,429,96019,605,28017,968,240
2019-02-06$3.83$4.0046.7%12.8%71.1%34.8%45.4%5.0%-2.1%24.0M102.2M-17.9M1.021.99N/AN/A5,030,2005,151,64020,087,16018,712,680
2019-02-07$3.67$4.0051.2%14.3%72.7%41.8%49.0%6.0%-1.4%4.0M1.00B-17.4M0.862.04N/AN/A5,112,7604,398,92020,798,52019,251,160
2019-02-08$3.69$4.0051.7%14.3%72.4%42.6%50.0%6.6%-2.7%16.4M851.7M-17.6M0.971.80N/AN/A4,056,4003,945,88021,734,80019,794,120
2019-02-11$3.66$4.0052.1%14.8%71.7%43.2%50.3%7.0%-1.2%-2.9M1.11B-16.7M0.771.59N/AN/A2,643,2402,023,20019,379,28017,903,280
2019-02-12$3.78$4.0050.6%14.4%72.5%40.8%49.8%6.0%-0.8%6.8M542.2M-17.5M0.982.02N/AN/A2,906,2402,853,20019,945,20018,565,840
2019-02-13$3.82$4.0048.8%14.0%72.6%38.1%49.0%5.4%0.2%13.4M277.3M-17.9M1.052.21N/AN/A3,564,8803,740,56020,432,56019,097,480
2019-02-14$3.85$4.0049.4%14.2%72.5%38.9%51.1%5.5%-0.5%14.6M151.4M-18.0M1.082.15N/AN/A5,424,0805,870,72021,080,68019,872,840
2019-02-15$3.94$4.0039.6%11.1%72.5%23.6%39.3%3.5%2.1%70.9M-576.0M-17.9M0.782.42N/AN/A11,199,8008,702,72023,125,32021,940,080
2019-02-19$3.93$4.0040.3%10.6%71.9%24.6%37.2%3.8%-1.0%14.3M536.1M-17.7M0.811.73N/AN/A2,669,6002,167,20017,753,96017,499,600
2019-02-20$3.98$4.0040.4%10.5%69.2%24.8%38.0%3.9%-1.1%22.5M318.1M-18.1M0.712.15N/AN/A2,898,6802,066,80018,417,12018,185,200
2019-02-21$3.89$4.0040.3%10.6%69.8%24.6%37.4%4.5%-1.0%2.8M843.3M-17.6M0.931.67N/AN/A2,616,8802,443,08018,691,92018,666,040
2019-02-22$3.96$4.0038.6%9.9%67.6%22.0%35.4%4.4%-0.9%20.7M359.1M-18.1M0.701.51N/AN/A3,034,1202,116,08019,191,44019,071,360
2019-02-25$3.98$4.0038.6%10.1%67.4%22.0%36.2%4.4%-0.8%7.7M546.1M-17.8M0.581.70N/AN/A3,748,1602,181,76017,480,68017,254,520
2019-02-26$3.92$4.0039.8%10.5%37.5%23.8%36.9%4.3%-0.8%-776.7K847.6M-18.0M0.561.94N/AN/A2,788,4401,548,24018,225,64017,948,360
2019-02-27$3.89$4.0039.1%10.4%33.3%22.8%36.7%4.7%-0.5%-6.1M1.04B-17.5M0.511.84N/AN/A3,393,0801,730,44018,831,32018,294,760
2019-02-28$3.86$4.0038.4%10.2%31.4%21.7%35.7%4.5%-0.5%-9.2M1.21B-17.4M0.552.06N/AN/A2,277,9201,244,80019,216,32018,715,920