NVDA Options History — November 2019

In November 2019, NVDA traded between $5.05 and $5.53. ATM implied volatility averaged 36.7%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 6.9% (HV 20d: 29.8%). Max pain ranged from $4.13 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2019-11-15: Highest Volume — 16,178,000 contracts
  • 2019-11-15: Largest IV drop — 23.0% change
  • 2019-11-07: Highest IV Rank — 26.2%
  • 2019-11-01: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.26$5.05$5.53$5.05$5.41
Max Pain$4.54$4.13$5.00$4.75$5.00
ATM IV36.7%29.9%42.3%40.3%30.8%
Expected Move10.4%8.7%13.9%13.9%9.1%
HV 20d29.8%24.9%34.6%32.7%31.2%
HV 60d35.2%31.2%39.8%39.5%31.2%
IV Rank13.6%0.0%26.2%20.9%2.4%
IV Percentile26.4%0.0%57.5%41.7%0.4%
Term Structure-1.0%-1.9%0.1%-1.3%0.1%
VWIV36.5%30.4%48.2%48.2%31.9%
Skew 25d3.7%2.3%5.2%5.0%2.9%
Skew 10d6.5%3.9%9.0%8.5%5.1%
Call IV 25d34.9%28.8%39.7%37.9%29.8%
Put IV 25d38.6%31.3%44.8%42.9%32.7%
Bid-Ask Spread %2.681.614.172.532.45
Gamma HHI0.070.050.140.120.06
Net GEX78.6M10.4M114.6M94.0M77.1M
Net DEX-3.43B-4.69B-2.50B-2.80B-3.71B
Net VEX-22.2M-22.9M-21.6M-22.6M-22.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.430.830.530.64
Total Volume5,160,2782,206,80016,178,0003,074,6402,206,800
Total OI35,880,35232,978,20040,654,40034,809,96037,337,840

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$5.05$4.7540.3%13.9%32.7%20.9%48.2%5.0%-1.3%94.0M-2.80B-22.6M0.532.53N/AN/A2,006,0401,068,60017,636,52017,173,440
2019-11-04$5.25$4.1342.0%11.3%34.6%25.4%39.8%5.0%-1.1%78.4M-3.61B-22.1M0.432.78N/AN/A2,902,3601,255,84016,489,24016,488,960
2019-11-05$5.27$4.2541.9%11.4%30.3%25.4%40.4%5.0%-1.1%85.9M-3.72B-22.1M0.684.09N/AN/A2,094,2801,434,28016,859,08016,847,160
2019-11-06$5.19$4.2542.0%11.6%31.1%25.4%39.8%4.9%-1.1%65.6M-3.21B-22.5M0.562.56N/AN/A2,041,4401,134,64017,173,64017,200,480
2019-11-07$5.19$4.3842.3%11.4%31.2%26.2%39.9%5.2%-1.5%73.6M-3.25B-22.5M0.464.17N/AN/A2,748,0401,275,48017,540,08017,326,000
2019-11-08$5.18$4.3841.9%11.5%30.6%25.2%39.5%4.9%-1.4%56.5M-3.13B-22.5M0.683.03N/AN/A1,970,2801,333,80017,915,68017,562,200
2019-11-11$5.21$4.3841.1%11.2%30.4%23.1%38.9%4.7%-1.8%60.8M-3.25B-22.0M0.742.08N/AN/A1,752,7201,305,12017,034,04016,942,040
2019-11-12$5.24$4.3841.5%11.4%25.1%24.2%39.8%4.5%-1.7%66.2M-3.44B-22.1M0.832.89N/AN/A1,617,8001,349,84017,608,04017,403,760
2019-11-13$5.20$4.3841.2%11.3%25.0%24.7%38.9%4.0%-1.9%62.5M-3.24B-22.2M0.592.30N/AN/A2,315,7601,360,08017,953,20017,916,320
2019-11-14$5.23$4.5041.3%11.4%24.9%25.0%40.0%3.5%-1.8%70.0M-3.47B-22.2M0.763.49N/AN/A5,266,4404,005,44018,662,84018,378,360
2019-11-15$5.09$4.5031.8%9.1%26.5%0.0%31.9%2.3%-0.3%10.4M-2.50B-21.9M0.691.97N/AN/A9,557,6406,620,36020,368,44020,285,960
2019-11-18$5.31$4.5031.3%9.0%29.1%0.0%31.9%2.5%-0.8%103.4M-3.64B-21.8M0.592.35N/AN/A4,643,7202,732,36017,593,44017,124,840
2019-11-19$5.20$4.6331.6%9.1%30.4%0.7%31.6%2.6%-0.7%76.9M-2.91B-22.0M0.631.61N/AN/A3,148,2801,996,88018,048,32017,651,320
2019-11-20$5.27$4.6334.1%9.8%30.4%8.5%34.2%3.1%-1.0%99.4M-3.34B-22.6M0.472.84N/AN/A5,588,9602,625,92018,483,60018,075,240
2019-11-21$5.26$4.6334.4%9.9%30.4%9.6%34.7%3.0%-1.2%91.5M-3.18B-22.9M0.562.25N/AN/A2,423,8801,351,32018,845,92018,723,720
2019-11-22$5.27$4.7532.7%9.5%27.4%4.2%33.1%3.1%-0.8%109.2M-3.37B-22.4M0.562.64N/AN/A2,839,8801,578,24019,124,04018,922,440
2019-11-25$5.53$4.7531.2%9.2%31.8%0.0%32.9%2.6%-0.1%114.6M-4.69B-21.6M0.622.47N/AN/A4,819,6002,974,84017,760,64017,635,360
2019-11-26$5.45$4.7531.0%9.0%31.6%0.0%31.5%2.7%0.0%79.7M-4.03B-22.1M0.632.28N/AN/A3,000,0801,891,40018,181,84018,365,680
2019-11-27$5.45$4.9429.9%8.7%31.6%0.0%30.4%2.5%0.0%97.3M-4.02B-22.1M0.642.79N/AN/A1,805,9601,161,16018,416,08018,551,240
2019-11-29$5.41$5.0030.8%9.1%31.2%2.4%31.9%2.9%0.1%77.1M-3.71B-22.3M0.642.45N/AN/A1,345,000861,80018,655,56018,682,280