NVDA Options History — July 2020

In July 2020, NVDA traded between $9.56 and $10.59. ATM implied volatility averaged 48.2%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 17.5% (HV 20d: 30.7%). Max pain ranged from $8.75 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.48.

Notable Days

  • 2020-07-09: Highest Volume — 9,134,760 contracts
  • 2020-07-09: Largest IV spike — 10.4% change
  • 2020-07-14: Highest IV Rank — 32.5%
  • 2020-07-14: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.24$9.56$10.59$9.56$10.59
Max Pain$9.76$8.75$10.00$8.75$10.00
ATM IV48.2%37.3%53.9%39.7%53.3%
Expected Move14.3%9.9%15.8%10.7%15.6%
HV 20d30.7%26.3%37.0%37.0%27.9%
HV 60d38.0%35.1%41.3%41.3%35.1%
IV Rank25.4%12.0%32.5%14.9%31.7%
IV Percentile64.6%30.2%78.2%36.1%75.8%
Term Structure0.9%-2.5%4.6%1.2%-2.5%
VWIV50.3%35.3%55.8%38.4%54.8%
Skew 25d2.8%-0.7%4.5%4.5%2.4%
Skew 10d4.9%2.4%8.9%8.9%2.4%
Call IV 25d47.2%35.9%53.4%38.0%52.5%
Put IV 25d50.0%39.7%56.8%42.5%54.9%
Bid-Ask Spread %13.618.0925.299.5816.21
Gamma HHI0.090.040.290.090.17
Net GEX137.8M24.8M257.1M180.8M220.1M
Net DEX-7.36B-9.74B-5.86B-6.30B-7.95B
Net VEX-27.0M-28.8M-25.8M-26.4M-26.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.320.740.580.43
Total Volume5,215,329.0912,252,0009,134,7603,997,4806,723,520
Total OI28,143,296.36425,407,56031,519,88026,790,44028,492,480

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$9.56$8.7539.7%10.7%37.0%14.9%38.4%4.5%1.2%180.8M-6.30B-26.4M0.589.58N/AN/A2,537,8001,459,68012,941,92013,848,520
2020-07-02$9.64$8.7537.3%9.9%36.8%12.0%35.3%3.8%1.0%249.2M-6.84B-25.9M0.398.09N/AN/A5,464,8002,128,84013,301,32014,221,480
2020-07-06$9.80$9.3839.2%13.3%36.6%14.4%46.3%3.3%3.8%122.3M-6.73B-26.1M0.5111.16N/AN/A3,632,9201,841,00012,491,88013,661,880
2020-07-07$9.94$9.3841.3%13.7%36.0%16.9%48.9%3.4%4.3%158.8M-7.32B-25.8M0.3510.98N/AN/A4,544,0001,578,24013,161,52014,141,880
2020-07-08$10.17$9.5041.4%13.8%35.6%17.1%48.4%3.2%4.6%204.2M-8.29B-26.5M0.4210.87N/AN/A4,010,8001,666,24013,821,28014,517,280
2020-07-09$10.50$9.7545.8%14.6%34.6%22.4%51.1%3.3%3.8%210.3M-9.74B-26.3M0.369.23N/AN/A6,693,9602,440,80014,189,44014,930,120
2020-07-10$10.48$9.7547.5%14.7%26.3%24.6%51.4%2.7%4.5%257.1M-9.56B-26.2M0.3213.74N/AN/A5,907,4401,900,56014,697,52015,429,760
2020-07-13$10.18$9.7551.3%15.4%29.3%29.3%53.4%3.6%0.8%110.1M-7.34B-28.0M0.5823.80N/AN/A3,900,4402,262,72013,937,84014,678,080
2020-07-14$10.35$9.7553.9%15.8%28.8%32.5%55.8%4.1%1.1%104.9M-7.78B-28.6M0.4822.29N/AN/A3,869,6401,847,84014,270,00015,294,720
2020-07-15$10.24$10.0053.9%15.6%28.6%32.5%54.7%2.5%0.5%112.4M-7.55B-28.6M0.4519.11N/AN/A2,813,5201,260,80014,901,24015,722,640
2020-07-16$10.17$10.0053.3%15.4%28.3%31.7%54.1%3.3%0.1%108.3M-7.26B-28.8M0.4413.66N/AN/A2,777,0001,227,68015,192,24015,892,960
2020-07-17$10.23$10.0048.7%14.1%28.2%26.0%49.9%2.7%0.7%138.7M-7.68B-27.3M0.5725.29N/AN/A2,682,2001,526,84015,359,48016,160,400
2020-07-20$10.49$10.0049.6%14.3%29.0%27.2%50.8%2.9%-0.9%100.1M-7.31B-26.4M0.488.75N/AN/A2,430,4001,177,28012,563,64012,843,920
2020-07-21$10.35$10.0050.1%14.4%29.2%27.9%50.7%2.7%-0.7%92.1M-6.81B-26.7M0.7413.42N/AN/A1,605,7201,180,96012,981,60013,192,680
2020-07-22$10.43$10.0050.6%14.5%29.0%28.5%51.1%2.1%0.2%103.6M-7.12B-27.0M0.4112.39N/AN/A3,587,1601,461,64013,344,92013,669,240
2020-07-23$10.16$10.0051.1%14.7%30.1%29.1%51.7%3.0%-0.3%24.8M-5.86B-27.7M0.5414.16N/AN/A3,362,2001,812,16013,871,44014,050,800
2020-07-24$10.19$10.0051.8%14.8%29.9%29.9%52.0%3.1%0.3%61.0M-6.07B-27.7M0.6516.03N/AN/A4,418,0402,876,00014,202,16014,287,000
2020-07-27$10.41$10.0050.5%14.6%28.3%28.3%52.1%-0.7%-0.0%87.9M-6.94B-26.8M0.508.13N/AN/A2,478,2801,241,84012,917,48013,477,240
2020-07-28$10.24$10.0050.2%14.6%29.3%27.9%51.6%1.4%-1.2%76.8M-6.26B-27.1M0.5210.69N/AN/A1,480,720771,28013,412,24013,688,000
2020-07-29$10.48$10.0048.8%14.4%27.8%26.2%50.8%1.1%-0.6%133.8M-7.39B-26.4M0.5411.22N/AN/A2,190,0801,184,56013,637,76013,893,440
2020-07-30$10.59$10.0050.6%14.9%27.9%28.4%52.5%2.2%-1.7%174.8M-7.88B-26.8M0.4010.56N/AN/A3,414,5201,365,12013,883,76013,977,320
2020-07-31$10.59$10.0053.3%15.6%27.9%31.7%54.8%2.4%-2.5%220.1M-7.95B-26.5M0.4316.21N/AN/A4,702,2402,021,28014,350,96014,141,520