NVDA Options History — September 2020

In September 2020, NVDA traded between $12.06 and $14.31. ATM implied volatility averaged 55.5%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded below realized volatility by 0.4% (HV 20d: 55.9%). Max pain ranged from $10.75 to $12.50. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2020-09-04: Highest Volume — 16,671,800 contracts
  • 2020-09-03: Largest IV spike — 13.9% change
  • 2020-09-03: Highest IV Rank — 46.8%
  • 2020-09-03: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.78$12.06$14.31$13.83$13.53
Max Pain$12.33$10.75$12.50$10.75$12.50
ATM IV55.5%49.0%65.5%53.6%49.0%
Expected Move15.8%13.5%18.9%14.5%13.5%
HV 20d55.9%36.5%61.7%36.5%58.3%
HV 60d41.2%33.9%43.3%33.9%43.3%
IV Rank34.4%26.5%46.8%32.1%26.5%
IV Percentile74.9%55.6%90.9%77.4%55.6%
Term Structure0.5%-0.7%3.5%0.9%2.6%
VWIV55.4%47.5%66.1%51.5%47.5%
Skew 25d0.9%-4.4%3.6%-3.7%1.9%
Skew 10d0.9%-10.5%5.3%-7.4%2.4%
Call IV 25d55.5%48.1%66.7%56.6%48.1%
Put IV 25d56.4%50.0%66.3%52.8%50.0%
Bid-Ask Spread %23.8112.0742.0725.6015.91
Gamma HHI0.050.030.190.060.05
Net GEX102.3M-96.9M277.6M215.5M277.6M
Net DEX-9.26B-16.94B-5.77B-14.90B-12.74B
Net VEX-38.2M-41.1M-31.5M-31.5M-39.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.290.780.290.54
Total Volume9,111,329.5245,435,24016,671,80012,627,0408,373,360
Total OI34,971,055.23831,092,68039,546,72032,170,24035,252,720

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$13.83$10.7553.6%14.5%36.5%32.1%51.5%-3.7%0.9%215.5M-14.90B-31.5M0.2925.60N/AN/A9,762,8402,864,20015,936,52016,233,720
2020-09-02$14.31$10.7557.5%15.9%37.4%36.9%55.4%-4.4%0.6%254.0M-16.94B-31.7M0.3742.07N/AN/A9,521,6803,496,96016,957,64016,936,680
2020-09-03$13.02$12.5065.5%18.9%53.3%46.8%66.1%-1.1%-0.5%55.2M-9.71B-37.3M0.5422.95N/AN/A8,443,8804,580,60017,541,12017,455,320
2020-09-04$12.67$12.5065.4%18.6%54.2%46.7%65.4%-0.0%0.0%7.4M-8.07B-38.2M0.6521.51N/AN/A10,094,1606,577,64018,852,12018,085,480
2020-09-08$12.06$12.5064.4%18.4%57.7%45.5%64.4%1.9%-0.4%47.2M-6.51B-38.2M0.5516.63N/AN/A3,959,7202,192,60017,048,68016,988,080
2020-09-09$12.68$12.5057.9%16.6%58.7%37.4%58.4%0.6%-0.0%109.3M-9.26B-37.5M0.5118.75N/AN/A5,055,2802,568,60017,445,00017,518,080
2020-09-10$12.34$12.5060.1%17.1%57.5%40.1%59.8%1.7%-0.5%52.7M-7.56B-38.2M0.6120.43N/AN/A5,224,6003,196,08018,015,76017,986,160
2020-09-11$12.12$12.5054.6%15.7%58.0%33.4%54.9%1.9%0.4%-28.8M-6.27B-36.9M0.7817.58N/AN/A5,564,6004,328,60018,538,92018,433,200
2020-09-14$12.90$12.5055.5%15.9%61.7%34.4%55.8%0.8%0.6%127.7M-10.50B-36.9M0.3623.14N/AN/A9,402,8803,430,56016,848,36017,280,320
2020-09-15$12.86$12.5055.1%15.8%57.2%34.0%55.7%0.1%-0.0%134.7M-10.33B-38.5M0.4818.50N/AN/A4,648,2002,241,28018,225,68018,141,360
2020-09-16$12.61$12.5055.7%16.0%57.7%34.7%55.9%1.0%0.6%70.5M-8.91B-38.9M0.7619.53N/AN/A3,424,7602,608,68018,724,32018,603,200
2020-09-17$12.42$12.5055.3%15.8%57.8%34.2%55.3%1.4%-0.0%4.3M-7.80B-39.0M0.6029.75N/AN/A6,036,8403,633,80019,043,76019,112,320
2020-09-18$12.27$12.5054.0%15.5%58.0%32.6%54.4%1.6%-0.0%-96.9M-7.00B-39.4M0.7325.05N/AN/A5,357,0403,911,24019,789,20019,757,520
2020-09-21$12.47$12.5053.7%15.6%57.0%32.2%54.7%1.1%-0.7%79.8M-7.09B-39.0M0.5333.49N/AN/A4,409,2402,329,56015,826,36015,266,320
2020-09-22$12.64$12.5052.7%15.2%57.2%31.0%53.3%1.7%-0.0%118.9M-7.96B-40.2M0.5129.63N/AN/A3,598,5201,836,72016,397,12015,985,720
2020-09-23$12.19$12.5054.1%15.7%58.5%32.7%55.0%3.6%0.2%54.3M-5.77B-40.6M0.5335.80N/AN/A3,993,3602,117,68017,082,12016,523,960
2020-09-24$12.41$12.5052.8%15.5%58.9%31.1%53.9%2.9%0.4%81.1M-6.74B-41.1M0.7631.76N/AN/A4,079,4403,086,68017,428,84017,055,600
2020-09-25$12.83$12.5049.5%14.1%60.1%27.1%49.5%2.2%1.1%228.2M-9.51B-40.4M0.5720.14N/AN/A6,301,0003,598,48017,807,44017,439,320
2020-09-28$12.99$12.5049.1%13.9%59.0%26.6%48.9%1.9%2.7%153.5M-9.66B-39.4M0.6219.72N/AN/A3,865,9602,404,56016,521,40016,140,520
2020-09-29$13.26$12.5049.2%13.8%58.9%26.7%48.5%1.6%3.5%201.9M-11.21B-39.6M0.4912.07N/AN/A6,174,5203,041,52017,339,48016,826,720
2020-09-30$13.53$12.5049.0%13.5%58.3%26.5%47.5%1.9%2.6%277.6M-12.74B-39.4M0.5415.91N/AN/A5,433,9202,939,44018,126,84017,125,880