NVDA Options History — May 2020

In May 2020, NVDA traded between $7.06 and $9.01. ATM implied volatility averaged 53.2%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 6.4% (HV 20d: 46.9%). Max pain ranged from $5.75 to $6.63. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.59.

Notable Days

  • 2020-05-22: Highest Volume — 15,096,440 contracts
  • 2020-05-22: Largest IV drop — 18.3% change
  • 2020-05-13: Highest IV Rank — 41.6%
  • 2020-05-13: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.18$7.06$9.01$7.06$8.77
Max Pain$6.07$5.75$6.63$6.63$6.38
ATM IV53.2%44.2%61.3%60.6%44.2%
Expected Move14.9%12.5%16.8%16.0%12.5%
HV 20d46.9%40.4%61.3%61.3%44.7%
HV 60d80.6%78.4%82.1%82.0%78.4%
IV Rank31.7%20.5%41.6%40.7%20.5%
IV Percentile79.3%67.5%88.9%88.5%67.5%
Term Structure-1.2%-2.7%0.8%-1.6%0.8%
VWIV52.6%44.4%58.3%55.2%44.4%
Skew 25d6.6%2.5%11.5%10.6%5.7%
Skew 10d11.9%3.7%21.1%19.7%10.7%
Call IV 25d50.3%41.8%56.7%56.0%41.8%
Put IV 25d56.9%47.6%67.1%66.6%47.6%
Bid-Ask Spread %12.225.0020.725.0018.29
Gamma HHI0.090.040.310.050.21
Net GEX99.7M4.1M219.4M4.1M166.9M
Net DEX-6.72B-9.17B-3.34B-3.34B-7.59B
Net VEX-26.2M-27.5M-24.9M-27.5M-26.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.440.810.810.68
Total Volume7,132,3722,771,60015,096,4404,757,0006,739,320
Total OI32,444,66628,521,52036,229,04031,938,48035,774,560

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$7.06$6.6360.6%16.0%61.3%40.7%55.2%10.6%-1.6%4.1M-3.34B-27.5M0.815.00N/AN/A2,631,6402,125,36015,290,92016,647,560
2020-05-04$7.28$5.7557.7%15.9%57.8%37.2%56.3%9.9%-1.3%50.1M-4.36B-26.9M0.586.43N/AN/A1,749,8001,021,80014,154,92015,752,840
2020-05-05$7.31$5.7554.0%14.7%47.1%32.6%52.6%9.5%-1.4%67.1M-4.57B-26.5M0.5912.48N/AN/A2,512,6801,492,12014,613,12016,031,120
2020-05-06$7.46$5.7553.3%14.4%46.6%31.7%52.9%11.5%-1.4%89.1M-5.11B-26.6M0.7412.91N/AN/A2,248,7201,653,52015,015,80016,461,560
2020-05-07$7.62$5.8851.5%14.2%46.8%29.5%49.8%7.5%-1.1%109.9M-5.90B-26.1M0.585.66N/AN/A3,257,0001,904,36015,213,88016,966,960
2020-05-08$7.79$5.8850.6%14.1%46.5%28.5%50.0%7.5%-1.3%161.5M-6.84B-25.6M0.6313.07N/AN/A3,635,8002,306,76015,661,04017,183,120
2020-05-11$8.08$5.8852.0%14.2%47.1%30.2%51.3%7.1%-1.9%113.3M-7.39B-25.0M0.549.31N/AN/A4,714,7602,567,40014,969,92016,216,280
2020-05-12$7.87$6.0054.6%15.1%45.7%33.3%53.7%6.5%-1.4%91.6M-6.48B-25.7M0.609.37N/AN/A3,407,0402,028,28015,583,08016,786,560
2020-05-13$7.70$6.0061.3%16.8%46.5%41.6%58.2%10.5%-2.7%65.1M-5.47B-27.3M0.6013.03N/AN/A4,173,0802,492,08015,858,04017,084,560
2020-05-14$8.00$6.0058.2%16.2%46.1%37.8%56.3%9.2%-2.0%99.7M-6.78B-26.6M0.4413.94N/AN/A4,450,6801,977,24016,050,24017,377,000
2020-05-15$8.48$6.0058.3%16.4%49.8%37.9%58.3%5.8%-1.5%205.3M-9.17B-26.0M0.5220.72N/AN/A7,783,8004,082,00016,512,92017,617,840
2020-05-18$8.77$6.0056.2%15.9%49.8%35.3%55.8%4.3%-1.3%91.2M-8.05B-24.9M0.4711.88N/AN/A5,469,2002,563,68013,926,28014,595,240
2020-05-19$8.96$6.1356.4%16.1%43.1%35.6%56.3%4.1%-1.6%96.7M-8.59B-25.3M0.468.93N/AN/A4,528,2802,078,04014,891,40015,395,760
2020-05-20$8.98$6.1357.2%16.4%40.4%36.6%57.7%3.5%-2.2%101.3M-8.62B-25.7M0.5310.78N/AN/A3,497,6401,867,08015,643,48015,964,560
2020-05-21$8.79$6.2557.0%16.5%41.7%36.3%57.5%3.0%-2.3%98.7M-7.94B-26.6M0.6611.87N/AN/A5,386,2403,554,92016,493,68016,524,440
2020-05-22$9.01$6.2546.6%13.3%42.0%23.5%47.6%2.5%0.3%219.4M-8.97B-26.1M0.5910.72N/AN/A9,502,9605,593,48018,130,52018,098,520
2020-05-26$8.69$6.2545.2%12.9%44.6%21.7%45.9%3.9%0.1%78.2M-6.99B-25.9M0.7120.22N/AN/A4,282,7203,041,68015,735,88016,099,560
2020-05-27$8.53$6.2544.5%12.9%44.9%20.9%45.7%5.2%-0.2%29.7M-6.04B-26.6M0.5516.45N/AN/A7,198,0803,984,60016,581,48017,091,320
2020-05-28$8.49$6.2545.3%13.1%44.9%21.9%45.8%5.1%-0.3%55.9M-6.18B-27.1M0.4613.28N/AN/A6,262,0402,881,56017,365,32017,532,040
2020-05-29$8.77$6.3844.2%12.5%44.7%20.5%44.4%5.7%0.8%166.9M-7.59B-26.9M0.6818.29N/AN/A4,002,3602,736,96017,833,76017,940,800