NVDA Options History — April 2019

In April 2019, NVDA traded between $4.43 and $4.80. ATM implied volatility averaged 39.8%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 7.7% (HV 20d: 32.1%). Max pain ranged from $4.13 to $4.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2019-04-26: Highest Volume — 11,054,880 contracts
  • 2019-04-15: Largest IV spike — 11.8% change
  • 2019-04-26: Highest IV Rank — 35.2%
  • 2019-04-30: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.68$4.43$4.80$4.55$4.52
Max Pain$4.31$4.13$4.50$4.13$4.44
ATM IV39.8%34.4%47.0%34.9%45.1%
Expected Move12.8%11.9%15.0%12.1%15.0%
HV 20d32.1%21.0%42.9%42.9%30.5%
HV 60d46.0%34.0%52.4%52.4%34.5%
IV Rank23.9%15.4%35.2%16.2%32.3%
IV Percentile48.3%30.6%68.7%31.3%65.1%
Term Structure1.0%-2.9%9.2%0.1%-2.1%
VWIV44.7%42.0%51.5%42.5%51.5%
Skew 25d3.5%1.9%5.0%2.6%4.5%
Skew 10d5.8%2.9%8.2%4.3%7.1%
Call IV 25d37.9%32.1%45.2%34.0%41.9%
Put IV 25d41.4%35.2%50.2%36.6%46.4%
Bid-Ask Spread %2.241.742.842.052.23
Gamma HHI0.130.060.750.090.06
Net GEX76.0M-50.5M483.8M56.6M23.2M
Net DEX-1.56B-2.72B501.6M-1.38B-332.1M
Net VEX-21.0M-21.7M-20.2M-21.0M-21.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.400.710.550.43
Total Volume5,612,110.4763,415,20011,054,8804,542,5603,763,520
Total OI33,913,641.90530,072,48036,821,68031,920,36033,858,880

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$4.55$4.1334.9%12.1%42.9%16.2%42.5%2.6%0.1%56.6M-1.38B-21.0M0.552.05N/AN/A2,931,0401,611,52016,098,88015,821,480
2019-04-02$4.58$4.1335.1%12.0%42.8%16.4%42.3%2.6%0.0%56.8M-1.49B-21.2M0.452.50N/AN/A2,927,5201,306,16016,432,16016,276,920
2019-04-03$4.71$4.2534.7%11.9%40.8%15.8%42.0%2.3%0.1%80.3M-2.29B-21.4M0.592.21N/AN/A6,433,9603,809,16016,916,96016,540,480
2019-04-04$4.70$4.2535.9%12.2%39.5%17.7%42.9%2.2%-0.3%66.1M-2.07B-21.7M0.602.61N/AN/A3,367,9602,023,72017,480,36017,343,560
2019-04-05$4.78$4.2534.6%12.1%39.5%15.6%42.7%1.9%0.1%108.3M-2.67B-21.6M0.522.69N/AN/A5,142,0802,667,44017,887,84017,508,320
2019-04-08$4.78$4.2535.2%12.4%33.3%16.6%43.4%2.4%8.1%73.3M-2.36B-21.5M0.462.27N/AN/A3,275,6401,491,64017,216,84016,664,280
2019-04-09$4.73$4.2535.6%12.5%34.0%17.2%43.9%2.5%8.0%85.5M-2.09B-21.6M0.402.08N/AN/A3,621,2801,458,20017,932,76016,970,040
2019-04-10$4.80$4.2534.4%12.4%32.6%15.4%43.2%2.5%8.6%115.6M-2.72B-21.7M0.551.87N/AN/A4,054,4002,232,20018,438,20017,288,680
2019-04-11$4.78$4.2536.0%12.3%31.6%17.8%43.0%2.5%8.3%134.1M-2.57B-21.5M0.492.41N/AN/A3,675,1201,790,56018,661,88017,562,280
2019-04-12$4.75$4.2536.7%12.2%31.5%19.0%43.1%3.0%9.2%483.8M-2.25B-21.3M0.712.84N/AN/A3,671,8402,616,24019,022,76017,798,920
2019-04-15$4.60$4.2541.1%12.3%34.0%25.9%43.6%4.7%-0.9%28.2M-1.08B-20.6M0.672.65N/AN/A3,198,9202,157,04017,072,76016,916,080
2019-04-16$4.70$4.2540.6%11.9%32.8%25.1%42.1%4.0%-0.6%56.5M-1.73B-20.7M0.592.57N/AN/A2,917,4001,729,36017,631,08017,378,200
2019-04-17$4.69$4.3843.9%12.6%32.8%30.4%43.1%4.4%-2.2%42.1M-1.61B-20.7M0.591.95N/AN/A3,063,0801,805,72017,811,20017,578,800
2019-04-18$4.65$4.3842.1%12.1%26.4%27.5%42.3%4.4%-1.5%21.7M-1.34B-20.5M0.602.06N/AN/A3,248,9201,950,96018,209,72017,899,320
2019-04-22$4.72$4.3843.4%12.9%22.3%29.5%44.5%4.2%-2.3%42.9M-1.15B-20.4M0.492.18N/AN/A2,289,8801,125,32015,180,24014,892,240
2019-04-23$4.77$4.3843.8%13.1%21.1%30.2%45.8%4.3%-2.5%58.4M-1.48B-20.4M0.612.05N/AN/A2,652,2001,618,84015,610,72015,209,080
2019-04-24$4.80$4.3844.6%13.6%21.0%31.5%47.1%4.0%-2.5%65.0M-1.66B-20.6M0.522.08N/AN/A3,253,4801,691,68016,014,72015,674,440
2019-04-25$4.67$4.5046.0%14.2%23.8%33.7%49.1%4.8%-2.8%34.9M-881.7M-20.9M0.671.94N/AN/A3,647,3202,431,28016,582,24015,966,200
2019-04-26$4.43$4.5047.0%14.7%30.8%35.2%50.3%5.0%-2.9%-50.5M501.6M-20.2M0.642.02N/AN/A6,735,1604,319,72017,234,00016,487,400
2019-04-29$4.48$4.3845.4%14.9%30.8%32.8%51.1%4.5%-1.7%13.4M-115.8M-20.6M0.401.74N/AN/A2,955,0801,191,76016,938,60016,176,960
2019-04-30$4.52$4.4445.1%15.0%30.5%32.3%51.5%4.5%-2.1%23.2M-332.1M-21.0M0.432.23N/AN/A2,631,2001,132,32017,368,36016,490,520