NVDA Options History — May 2019

In May 2019, NVDA traded between $3.40 and $4.58. ATM implied volatility averaged 44.6%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 9.5% (HV 20d: 35.1%). Max pain ranged from $4.25 to $4.63. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.73.

Notable Days

  • 2019-05-17: Highest Volume — 13,321,920 contracts
  • 2019-05-17: Largest IV drop — 20.7% change
  • 2019-05-13: Highest IV Rank — 48.6%
  • 2019-05-02: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.00$3.40$4.58$4.54$3.40
Max Pain$4.45$4.25$4.63$4.50$4.25
ATM IV44.6%35.3%55.5%43.3%41.6%
Expected Move12.7%10.1%15.5%14.5%12.1%
HV 20d35.1%28.7%39.5%30.5%34.0%
HV 60d36.2%32.8%38.3%34.0%38.1%
IV Rank31.5%16.7%48.6%29.5%26.8%
IV Percentile60.6%31.0%86.5%61.1%55.6%
Term Structure-1.3%-2.9%0.3%-1.6%-0.2%
VWIV43.9%35.7%53.1%49.7%41.4%
Skew 25d5.7%3.3%9.8%4.1%5.0%
Skew 10d10.3%5.8%17.7%6.7%9.5%
Call IV 25d41.7%33.5%49.8%41.0%39.4%
Put IV 25d47.4%37.5%59.5%45.1%44.4%
Bid-Ask Spread %2.061.542.942.221.78
Gamma HHI0.080.050.290.060.12
Net GEX-12.8M-68.7M41.6M25.6M-55.1M
Net DEX1.40B-918.1M2.87B-416.4M2.78B
Net VEX-18.7M-21.4M-15.1M-21.0M-15.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.471.590.611.59
Total Volume6,247,732.7273,570,00013,321,9206,282,9207,774,480
Total OI36,623,081.81833,649,08044,007,40034,484,52037,804,400

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$4.54$4.5043.3%14.5%30.5%29.5%49.7%4.1%-1.6%25.6M-416.4M-21.0M0.612.22N/AN/A3,909,4802,373,44017,667,84016,816,680
2019-05-02$4.57$4.5045.7%15.5%28.8%33.2%53.1%5.4%-2.1%35.9M-677.1M-21.4M0.521.98N/AN/A4,505,8402,341,40018,068,92017,044,480
2019-05-03$4.58$4.5044.6%15.3%28.8%31.5%52.4%5.1%-2.1%41.6M-918.1M-21.2M0.592.35N/AN/A3,262,8801,924,80018,724,12017,438,160
2019-05-06$4.49$4.6346.5%12.2%28.7%34.4%42.1%5.6%-1.9%20.6M-249.0M-21.0M0.572.01N/AN/A3,224,7601,834,96017,168,28016,480,800
2019-05-07$4.30$4.6353.3%14.1%31.9%45.2%48.3%8.2%-2.5%-2.3M643.6M-20.7M0.471.93N/AN/A4,331,7602,035,80017,762,36016,954,680
2019-05-08$4.38$4.5050.5%13.4%32.7%40.8%47.3%7.1%-2.4%33.5M149.5M-21.0M0.981.80N/AN/A2,399,8002,353,40018,664,24017,350,880
2019-05-09$4.25$4.5053.7%14.2%33.1%45.8%48.6%8.1%-2.9%9.0M869.5M-20.6M0.912.94N/AN/A4,260,6003,856,00018,991,64017,661,440
2019-05-10$4.21$4.5050.7%13.4%33.1%41.1%47.2%8.2%-2.7%-61.9K1.17B-20.0M0.732.92N/AN/A3,745,2002,739,96019,489,16018,639,840
2019-05-13$3.95$4.5055.5%14.9%38.6%48.6%52.2%9.8%-2.8%-24.8M1.88B-18.2M0.752.35N/AN/A3,896,7202,922,32016,651,80017,451,120
2019-05-14$4.05$4.5050.4%13.9%39.5%40.6%47.6%7.6%-1.5%-17.6M1.49B-19.3M0.742.01N/AN/A2,668,5201,981,68018,035,36018,566,040
2019-05-15$4.00$4.5048.2%13.2%38.3%37.1%44.5%5.9%-2.0%-18.1M1.67B-18.9M0.802.21N/AN/A3,159,0402,532,48018,817,36019,034,480
2019-05-16$4.00$4.5048.2%13.3%38.4%37.2%45.4%4.0%-2.3%-10.4M1.54B-19.1M0.892.27N/AN/A6,178,1205,522,68019,963,88019,580,280
2019-05-17$3.88$4.5038.3%10.9%39.2%21.5%38.2%3.3%-0.2%-68.7M2.35B-18.1M0.721.87N/AN/A7,739,4405,582,48022,403,48021,603,920
2019-05-20$3.81$4.3839.2%11.2%38.3%23.0%39.4%4.3%-0.3%-27.6M2.01B-17.6M0.621.86N/AN/A3,179,2801,974,16017,225,12017,290,080
2019-05-21$3.88$4.3835.9%10.3%38.9%17.7%35.9%3.7%0.1%-14.6M1.65B-18.1M0.621.54N/AN/A2,206,1601,363,84017,893,40017,605,200
2019-05-22$3.83$4.3835.3%10.1%38.4%16.7%35.7%4.0%0.3%-24.1M1.84B-17.9M0.691.74N/AN/A2,293,9201,588,72018,231,20017,879,400
2019-05-23$3.67$4.3841.4%11.9%39.5%26.4%40.5%6.2%-0.2%-41.8M2.39B-17.1M0.632.42N/AN/A3,665,9602,304,24018,590,68018,162,200
2019-05-24$3.64$4.3838.7%11.1%36.6%22.2%37.8%5.3%-0.1%-15.2M2.48B-16.8M0.631.75N/AN/A3,277,2402,070,20019,334,20018,673,480
2019-05-28$3.59$4.3839.1%11.2%35.8%22.8%39.0%5.1%0.3%-36.5M2.55B-16.2M0.541.73N/AN/A2,354,4401,262,08017,632,24018,061,800
2019-05-29$3.51$4.3840.8%11.7%35.2%25.4%40.1%5.3%-0.5%-45.4M2.80B-15.7M0.821.66N/AN/A2,823,8002,322,52018,144,80018,431,240
2019-05-30$3.47$4.3840.3%11.3%34.7%24.7%39.3%4.8%-0.0%-45.5M2.87B-15.7M0.661.87N/AN/A3,432,6402,272,88018,846,72018,870,400
2019-05-31$3.40$4.2541.6%12.1%34.0%26.8%41.4%5.0%-0.2%-55.1M2.78B-15.1M1.591.78N/AN/A2,999,2404,775,24019,598,56018,205,840