NVDA Options History — July 2019

In July 2019, NVDA traded between $3.92 and $4.47. ATM implied volatility averaged 38.8%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 8.0% (HV 20d: 30.8%). Max pain ranged from $3.75 to $4.06. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.57.

Notable Days

  • 2019-07-11: Highest Volume — 10,500,680 contracts
  • 2019-07-15: Largest IV spike — 16.2% change
  • 2019-07-25: Highest IV Rank — 28.7%
  • 2019-07-31: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.20$3.92$4.47$4.15$4.24
Max Pain$3.90$3.75$4.06$3.75$4.06
ATM IV38.8%32.4%43.6%35.5%43.1%
Expected Move12.1%9.1%14.3%9.9%14.3%
HV 20d30.8%25.7%38.5%38.5%27.2%
HV 60d37.6%36.5%38.3%37.6%37.4%
IV Rank21.0%10.7%28.7%15.7%27.8%
IV Percentile39.6%15.1%58.3%21.4%57.1%
Term Structure0.8%-2.3%9.1%-0.1%-2.1%
VWIV42.3%31.9%49.3%34.6%49.3%
Skew 25d3.8%2.7%4.5%3.3%4.5%
Skew 10d6.5%4.6%7.7%5.8%7.6%
Call IV 25d36.8%30.0%41.5%34.0%40.9%
Put IV 25d40.6%32.9%45.9%37.3%45.4%
Bid-Ask Spread %1.961.482.712.031.48
Gamma HHI0.100.050.560.060.05
Net GEX42.0M-10.7M262.1M37.3M-10.5M
Net DEX-785.0M-1.81B333.1M-893.4M-201.7M
Net VEX-20.3M-21.7M-19.1M-20.2M-21.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.420.700.490.61
Total Volume5,296,930.9092,663,08010,500,6808,511,9204,795,640
Total OI32,340,325.45529,764,00035,318,96030,481,24032,381,640

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$4.15$3.7535.5%9.9%38.5%15.7%34.6%3.3%-0.1%37.3M-893.4M-20.2M0.492.03N/AN/A5,723,6802,788,24015,052,80015,428,440
2019-07-02$4.06$3.7534.1%9.3%34.3%13.4%32.5%3.3%0.1%16.8M-347.7M-19.9M0.612.15N/AN/A3,252,0001,993,72016,000,68016,060,440
2019-07-03$4.06$3.8833.7%9.1%33.8%12.8%31.9%3.2%0.1%14.9M-326.6M-19.9M0.632.02N/AN/A1,859,7601,172,80016,429,44016,509,440
2019-07-05$4.00$3.8834.5%11.9%34.1%14.1%41.6%3.4%-0.3%-10.4M13.6M-19.5M0.652.18N/AN/A3,202,8802,072,68016,667,84016,639,680
2019-07-08$3.93$3.8834.6%12.2%35.0%14.3%41.8%3.5%8.0%-10.7M332.4M-19.1M0.421.67N/AN/A2,413,0401,017,00015,173,04015,742,640
2019-07-09$3.92$3.8834.0%12.2%34.6%13.3%42.2%3.4%8.5%-1.4M333.1M-19.1M0.422.30N/AN/A2,447,0801,027,28015,835,76016,017,360
2019-07-10$4.00$3.8832.4%11.7%34.8%10.7%40.8%3.4%8.5%35.1M-179.7M-19.3M0.471.68N/AN/A3,910,4401,844,08016,381,52016,290,360
2019-07-11$4.15$3.8834.0%11.8%34.3%13.4%41.1%2.7%8.9%59.3M-1.08B-19.9M0.592.20N/AN/A6,603,3603,897,32016,501,52016,528,040
2019-07-12$4.20$3.8834.6%11.6%34.3%14.2%40.7%2.9%9.1%76.1M-1.28B-20.0M0.552.71N/AN/A5,070,7602,807,00016,838,20017,105,080
2019-07-15$4.18$3.8840.2%12.1%33.0%23.2%41.5%4.3%-2.2%28.9M-834.5M-19.9M0.701.84N/AN/A1,962,7201,380,80015,802,72016,476,320
2019-07-16$4.19$3.8841.7%12.2%33.0%25.6%44.6%4.3%-1.3%35.2M-914.6M-20.1M0.612.18N/AN/A3,413,8802,085,20016,179,00016,764,880
2019-07-17$4.24$3.8842.3%12.1%27.9%26.6%42.9%4.3%-1.9%62.0M-1.24B-20.4M0.552.40N/AN/A3,078,0401,690,64016,797,40017,178,240
2019-07-18$4.25$3.8842.2%12.2%27.8%26.4%42.3%4.1%-1.7%73.5M-1.29B-20.3M0.542.08N/AN/A4,648,6002,513,56016,803,12017,392,280
2019-07-19$4.23$3.8841.5%12.0%28.1%25.3%41.9%4.0%-1.4%38.6M-1.14B-20.2M0.552.14N/AN/A3,193,8401,748,00017,397,84017,921,120
2019-07-22$4.28$3.8841.8%12.5%27.4%25.8%43.8%4.2%-1.8%28.3M-759.9M-20.4M0.621.59N/AN/A2,534,6801,563,64014,471,36015,292,640
2019-07-23$4.39$3.8842.0%12.7%28.1%26.1%44.6%4.3%-1.8%53.4M-1.36B-20.8M0.471.83N/AN/A3,737,2401,774,04014,883,96015,517,480
2019-07-24$4.47$4.0042.2%12.9%27.9%26.5%45.3%4.2%-1.9%66.0M-1.81B-21.0M0.631.65N/AN/A3,802,1602,404,16015,238,28015,765,480
2019-07-25$4.34$4.0043.6%13.5%26.9%28.7%46.6%4.5%-2.3%34.4M-944.3M-21.1M0.671.69N/AN/A3,587,4802,408,28015,532,68016,379,640
2019-07-26$4.39$4.0041.9%13.0%25.8%26.0%44.7%4.3%-2.2%262.1M-1.42B-21.2M0.611.54N/AN/A3,095,0801,898,32016,213,88017,008,960
2019-07-29$4.37$4.0042.1%13.7%25.9%26.3%47.2%4.2%-1.9%15.0M-926.4M-21.5M0.611.80N/AN/A2,147,7601,302,52014,922,04016,049,800
2019-07-30$4.38$4.0042.2%13.9%25.7%26.4%48.1%4.2%-2.1%20.3M-986.6M-21.7M0.571.85N/AN/A1,691,200971,88015,451,52016,462,600
2019-07-31$4.24$4.0643.1%14.3%27.2%27.8%49.3%4.5%-2.1%-10.5M-201.7M-21.3M0.611.48N/AN/A2,986,6001,809,04015,782,84016,598,800