NVDA Options History — August 2020

In August 2020, NVDA traded between $10.84 and $13.42. ATM implied volatility averaged 49.5%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 16.1% (HV 20d: 33.4%). Max pain ranged from $8.63 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.47.

Notable Days

  • 2020-08-21: Highest Volume — 21,101,640 contracts
  • 2020-08-20: Largest IV drop — 15.2% change
  • 2020-08-11: Highest IV Rank — 32.7%
  • 2020-08-03: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.97$10.84$13.42$11.01$13.42
Max Pain$9.29$8.63$10.00$10.00$10.00
ATM IV49.5%42.9%54.1%51.9%52.2%
Expected Move14.0%12.2%15.8%15.8%14.2%
HV 20d33.4%25.8%38.4%30.1%35.8%
HV 60d33.9%32.1%35.6%35.6%33.9%
IV Rank27.0%18.9%32.7%30.0%30.4%
IV Percentile67.7%50.8%79.4%74.6%74.2%
Term Structure-0.6%-2.2%1.2%-1.4%0.2%
VWIV49.5%43.3%55.9%55.9%50.1%
Skew 25d-0.2%-2.8%2.5%1.2%-2.8%
Skew 10d-1.9%-6.3%3.8%1.1%-6.3%
Call IV 25d50.2%44.6%54.1%52.0%54.1%
Put IV 25d50.0%43.0%54.8%53.2%51.4%
Bid-Ask Spread %13.808.8132.408.8132.40
Gamma HHI0.090.050.220.050.05
Net GEX188.6M76.5M396.6M136.0M182.3M
Net DEX-11.41B-15.66B-7.64B-9.09B-14.05B
Net VEX-27.7M-32.0M-24.4M-25.9M-30.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.290.680.440.43
Total Volume7,714,091.4293,201,68021,101,6406,973,4409,526,600
Total OI30,827,834.28626,877,12037,837,08026,877,12031,159,360

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$11.01$10.0051.9%15.8%30.1%30.0%55.9%1.2%-1.4%136.0M-9.09B-25.9M0.448.81N/AN/A4,842,8402,130,60013,330,60013,546,520
2020-08-04$11.18$10.0052.5%15.8%30.2%30.8%55.7%1.3%-1.9%147.6M-9.58B-26.6M0.4213.50N/AN/A3,266,6001,375,76013,789,28013,971,600
2020-08-05$11.26$10.0051.8%15.6%29.6%29.8%55.1%0.7%-1.8%180.4M-9.97B-26.3M0.5312.22N/AN/A2,465,6801,300,52014,228,48014,306,960
2020-08-06$11.33$8.6350.6%13.9%27.8%28.4%49.3%0.8%-1.6%206.8M-10.29B-26.3M0.5911.63N/AN/A2,010,6401,191,04014,589,52014,575,240
2020-08-07$11.19$8.6351.3%14.1%28.4%29.3%49.3%1.4%-2.2%169.0M-9.53B-26.8M0.4716.57N/AN/A4,513,5602,133,20014,744,08014,715,640
2020-08-10$11.14$8.7552.1%14.4%25.8%30.3%50.5%1.6%-1.2%109.9M-8.86B-26.4M0.4813.16N/AN/A3,055,7201,458,96013,903,00013,959,360
2020-08-11$10.84$8.7554.1%14.9%27.7%32.7%52.4%2.5%-1.6%76.5M-7.64B-27.9M0.4616.01N/AN/A2,282,0001,054,72014,639,84014,452,880
2020-08-12$11.42$8.7549.8%14.0%32.3%27.4%49.2%1.0%-0.9%186.5M-10.50B-26.1M0.479.80N/AN/A3,954,1601,870,12015,101,60014,822,720
2020-08-13$11.47$8.7550.0%14.0%32.0%27.6%49.3%0.8%-1.5%210.3M-10.64B-26.4M0.399.99N/AN/A4,495,8001,764,32015,287,40014,965,520
2020-08-14$11.51$8.7550.4%14.1%32.0%28.1%50.1%0.9%-1.4%265.7M-10.79B-26.5M0.419.62N/AN/A5,301,5202,154,24015,793,76015,209,440
2020-08-17$12.32$8.7551.8%14.7%38.4%29.9%52.1%-0.9%-1.5%154.0M-13.17B-24.4M0.419.13N/AN/A6,842,8002,810,88014,662,28014,412,080
2020-08-18$12.29$9.0052.3%14.9%37.7%30.5%52.7%-1.6%-0.8%140.0M-12.78B-25.5M0.449.52N/AN/A4,548,0801,984,04015,518,64015,227,120
2020-08-19$12.16$9.0050.6%14.5%38.3%28.4%51.1%-1.2%-0.4%146.8M-12.43B-26.0M0.6218.47N/AN/A6,218,8803,877,88016,498,48016,015,120
2020-08-20$12.24$9.2542.9%12.2%36.2%18.9%43.5%-1.6%0.9%229.6M-13.19B-26.0M0.5515.74N/AN/A10,672,2805,850,92018,691,24018,019,560
2020-08-21$12.66$9.3844.5%12.7%37.1%21.0%45.2%-1.4%0.4%396.6M-15.66B-28.4M0.3914.76N/AN/A15,215,6805,885,96019,372,64018,464,440
2020-08-24$12.71$9.5045.0%12.7%37.0%21.5%45.0%-1.8%0.6%172.7M-11.83B-30.0M0.4714.27N/AN/A4,394,5202,063,08015,398,92014,667,760
2020-08-25$12.73$9.6343.9%12.2%35.8%20.2%43.3%-1.3%0.7%174.3M-11.88B-30.3M0.6810.02N/AN/A2,165,3201,464,76015,983,28015,317,280
2020-08-26$12.77$9.7545.4%12.9%35.6%22.0%45.6%-1.1%1.2%188.1M-11.95B-31.8M0.4013.46N/AN/A3,538,0401,432,56016,366,92015,782,600
2020-08-27$12.68$9.8847.0%13.1%36.1%24.0%45.9%-0.1%0.7%188.7M-11.55B-32.0M0.4618.35N/AN/A3,288,9201,503,92016,636,92015,997,720
2020-08-28$13.12$10.0049.0%13.8%37.0%26.5%48.6%-1.9%0.9%298.6M-14.16B-31.2M0.2912.31N/AN/A12,488,2403,600,56016,972,88016,285,840
2020-08-31$13.42$10.0052.2%14.2%35.8%30.4%50.1%-2.8%0.2%182.3M-14.05B-30.9M0.4332.40N/AN/A6,653,2402,873,36015,828,84015,330,520