NVDA Options History — December 2019

In December 2019, NVDA traded between $5.17 and $5.97. ATM implied volatility averaged 30.0%, placing in the 4.3% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.9% (HV 20d: 28.1%). Max pain ranged from $4.75 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2019-12-13: Highest Volume — 8,023,000 contracts
  • 2019-12-13: Largest IV drop — 8.7% change
  • 2019-12-03: Highest IV Rank — 14.2%
  • 2019-12-03: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.61$5.17$5.97$5.25$5.88
Max Pain$4.88$4.75$5.00$5.00$5.00
ATM IV30.0%27.6%34.7%33.1%29.8%
Expected Move8.8%7.8%10.6%10.0%8.4%
HV 20d28.1%19.6%33.3%33.3%19.6%
HV 60d31.1%28.8%32.5%31.9%28.8%
IV Rank4.3%0.0%14.2%9.4%7.1%
IV Percentile2.7%0.0%13.1%4.8%4.8%
Term Structure0.7%-0.2%2.0%1.1%0.3%
VWIV30.9%27.4%38.1%35.4%30.1%
Skew 25d3.9%2.5%5.6%4.0%3.7%
Skew 10d7.5%4.9%11.0%7.7%7.4%
Call IV 25d28.4%26.2%32.5%31.2%28.5%
Put IV 25d32.2%29.1%38.1%35.2%32.2%
Bid-Ask Spread %2.251.694.142.182.24
Gamma HHI0.100.050.200.050.10
Net GEX102.5M37.8M170.8M49.0M92.8M
Net DEX-4.59B-7.25B-2.23B-2.71B-4.81B
Net VEX-21.5M-23.1M-20.5M-22.5M-20.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.340.920.630.51
Total Volume4,332,521.9052,203,3608,023,0004,384,9203,104,560
Total OI37,896,944.76235,464,24042,024,44035,464,24036,610,800

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$5.25$5.0033.1%10.0%33.3%9.4%35.4%4.0%1.1%49.0M-2.71B-22.5M0.632.18N/AN/A2,686,6001,698,32017,650,48017,813,760
2019-12-03$5.17$5.0034.7%10.6%30.9%14.2%38.1%5.6%1.6%37.8M-2.23B-23.1M0.922.04N/AN/A2,871,9202,639,20018,433,84018,330,680
2019-12-04$5.24$5.0032.7%9.9%31.2%8.1%34.5%4.9%1.7%60.3M-2.76B-23.0M0.502.22N/AN/A2,282,3201,139,16018,824,68018,805,840
2019-12-05$5.22$4.7531.6%9.6%30.7%5.1%34.0%5.1%1.8%47.1M-2.64B-22.8M0.711.90N/AN/A1,374,760977,12019,165,20019,018,720
2019-12-06$5.31$4.7529.6%9.2%31.2%0.0%31.5%4.5%2.0%121.3M-3.31B-22.5M0.561.94N/AN/A2,428,5201,365,56019,330,72019,152,560
2019-12-09$5.30$4.7532.0%9.5%31.2%7.2%32.8%5.1%0.6%75.3M-3.19B-22.1M0.872.18N/AN/A1,315,2401,142,92018,125,60018,219,720
2019-12-10$5.34$4.7532.5%9.3%31.2%8.5%33.1%5.1%-0.2%85.9M-3.42B-22.2M0.592.35N/AN/A2,354,4401,377,72018,452,28018,667,640
2019-12-11$5.42$4.7531.9%9.4%31.5%6.8%32.3%5.0%0.7%114.4M-3.98B-22.1M0.642.03N/AN/A1,590,9601,016,12018,862,80019,074,840
2019-12-12$5.60$4.7531.1%8.9%33.2%4.4%32.6%4.1%0.1%137.2M-5.26B-21.6M0.604.14N/AN/A3,257,7601,940,16019,136,40019,400,880
2019-12-13$5.61$4.7528.4%8.2%33.2%0.0%29.1%3.3%0.3%170.8M-5.42B-21.0M0.342.39N/AN/A5,985,6402,037,36019,393,40019,651,680
2019-12-16$5.64$4.7528.0%8.1%31.1%0.0%28.1%3.6%-0.1%119.0M-5.17B-20.5M0.581.96N/AN/A3,153,0801,824,20018,778,64018,945,200
2019-12-17$5.70$4.8827.6%7.9%27.9%0.0%28.3%3.6%0.5%123.5M-5.53B-20.6M0.771.69N/AN/A2,376,1601,823,52019,155,28019,464,920
2019-12-18$5.76$4.8828.0%8.0%26.5%1.1%28.3%3.2%0.2%132.7M-5.84B-20.7M0.692.30N/AN/A3,347,3602,296,24019,463,60020,036,040
2019-12-19$5.88$4.8827.8%8.0%27.0%0.7%28.3%3.0%0.4%158.0M-6.84B-20.8M0.522.29N/AN/A4,465,0802,312,28020,314,68020,896,640
2019-12-20$5.95$4.8828.1%8.0%27.0%1.4%28.6%2.5%0.4%157.4M-7.25B-20.9M0.422.81N/AN/A5,365,8402,263,84020,650,64021,373,800
2019-12-23$5.97$5.0027.6%7.8%27.0%0.1%27.4%2.9%0.7%108.7M-5.64B-20.7M0.582.09N/AN/A2,965,7601,715,68017,701,00018,256,560
2019-12-24$5.95$5.0028.0%8.0%22.2%1.3%28.4%3.1%0.6%109.5M-5.51B-21.0M0.421.82N/AN/A1,556,360647,00018,445,00018,727,240
2019-12-26$5.96$5.0028.9%8.3%21.1%3.8%29.3%2.7%0.5%114.6M-5.59B-20.8M0.822.49N/AN/A1,598,9601,304,48018,599,12018,840,560
2019-12-27$5.91$5.0029.3%8.3%21.6%5.0%29.2%3.1%0.6%69.0M-5.12B-21.0M0.531.97N/AN/A2,762,0401,454,20018,808,00019,163,600
2019-12-30$5.80$5.0029.8%8.5%22.8%7.1%30.5%3.5%0.3%68.7M-4.19B-21.1M0.782.26N/AN/A1,782,0001,382,52017,878,28018,214,520
2019-12-31$5.88$5.0029.8%8.4%19.6%7.1%30.1%3.7%0.3%92.8M-4.81B-20.9M0.512.24N/AN/A2,053,4401,051,12018,165,80018,445,000