NVDA Options History — November 2020

In November 2020, NVDA traded between $12.51 and $14.58. ATM implied volatility averaged 47.6%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded below realized volatility by 5.8% (HV 20d: 53.5%). Max pain ranged from $11.50 to $13.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.59.

Notable Days

  • 2020-11-19: Highest Volume — 12,367,280 contracts
  • 2020-11-10: Largest IV spike — 11.6% change
  • 2020-11-02: Highest IV Rank — 36.0%
  • 2020-11-02: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.37$12.51$14.58$12.51$13.32
Max Pain$12.24$11.50$13.00$13.00$12.50
ATM IV47.6%39.0%56.8%56.8%42.1%
Expected Move13.9%11.3%18.3%18.3%12.3%
HV 20d53.5%38.7%59.2%38.7%49.7%
HV 60d49.2%45.2%50.7%46.7%45.2%
IV Rank24.7%14.2%36.0%36.0%18.0%
IV Percentile44.9%17.5%79.8%79.8%23.4%
Term Structure-0.6%-1.3%1.0%-0.7%1.0%
VWIV48.8%40.1%61.9%61.9%43.6%
Skew 25d1.9%0.3%5.9%5.9%0.5%
Skew 10d2.6%-1.8%10.9%10.9%0.7%
Call IV 25d47.0%39.2%53.6%53.6%42.4%
Put IV 25d48.9%40.0%59.5%59.5%42.9%
Bid-Ask Spread %18.533.9636.5719.3320.70
Gamma HHI0.040.030.100.030.03
Net GEX103.6M5.3M235.9M5.3M92.2M
Net DEX-8.40B-14.23B-4.95B-4.95B-8.11B
Net VEX-37.9M-39.5M-36.2M-38.1M-39.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.470.740.540.51
Total Volume6,085,4182,928,24012,367,2802,928,2404,218,560
Total OI33,591,17630,007,84039,308,96030,007,84033,015,760

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$12.51$13.0056.8%18.3%38.7%36.0%61.9%5.9%-0.7%5.3M-4.95B-38.1M0.5419.33N/AN/A1,906,5601,021,68014,356,56015,651,280
2020-11-03$13.04$13.0055.2%17.8%41.7%34.1%61.9%5.3%-1.0%39.5M-6.97B-37.9M0.4730.35N/AN/A2,018,880946,08014,356,56015,651,280
2020-11-04$13.75$13.0049.8%16.1%45.9%27.4%56.4%3.2%-1.3%164.2M-10.29B-37.5M0.7318.16N/AN/A2,940,3202,142,36014,995,64015,956,760
2020-11-05$14.08$11.5048.4%13.8%46.5%25.7%48.5%2.8%-0.1%204.8M-11.87B-37.0M0.6221.08N/AN/A3,325,0002,055,60015,285,56016,312,880
2020-11-06$14.58$11.5047.8%13.5%48.0%24.9%47.9%2.5%-0.6%235.9M-14.23B-36.2M0.6418.34N/AN/A4,818,0803,091,00015,626,40016,619,840
2020-11-09$13.82$11.7548.2%13.3%50.2%25.4%46.9%1.6%-1.2%110.6M-9.89B-36.2M0.5524.93N/AN/A3,811,1202,081,80014,883,56015,714,480
2020-11-10$12.81$11.7553.8%15.0%56.5%32.3%52.1%2.6%-1.2%15.6M-5.43B-37.0M0.6524.96N/AN/A4,301,1202,791,76015,722,64016,249,600
2020-11-11$13.39$11.8851.6%14.7%59.2%29.7%51.8%1.9%-0.5%106.0M-8.42B-38.8M0.4928.56N/AN/A3,781,8801,852,76016,935,96016,776,760
2020-11-12$13.43$12.0053.9%15.3%59.1%32.5%53.9%1.9%-0.9%123.3M-8.62B-39.5M0.5919.22N/AN/A3,903,4802,315,48017,393,96017,175,920
2020-11-13$13.26$12.0051.7%14.7%59.1%29.8%51.5%1.6%-0.7%45.0M-7.55B-38.4M0.7421.27N/AN/A4,371,2803,230,24017,854,56017,674,240
2020-11-16$13.44$12.0050.6%14.4%58.8%28.4%51.0%1.2%-1.0%107.4M-8.83B-37.8M0.5813.60N/AN/A2,608,2801,519,20016,679,56016,699,520
2020-11-17$13.39$12.0051.1%14.6%58.6%29.0%50.9%1.2%-1.3%117.2M-8.77B-38.1M0.7111.06N/AN/A2,047,2001,446,76017,336,32017,082,200
2020-11-18$13.46$12.2548.0%13.8%58.5%25.3%48.3%0.5%-0.3%136.3M-9.24B-37.6M0.5536.57N/AN/A6,012,0403,326,88017,858,40017,640,000
2020-11-19$13.41$12.2542.5%12.2%58.3%18.5%43.4%1.0%-0.6%195.3M-8.97B-36.7M0.6117.79N/AN/A7,673,7604,693,52019,656,92018,701,400
2020-11-20$13.12$12.3841.7%12.0%58.5%17.4%42.4%1.1%-0.6%21.5M-7.34B-37.6M0.5821.79N/AN/A5,913,3203,434,36020,263,00019,045,960
2020-11-23$13.15$12.5040.8%11.8%57.1%16.4%41.8%1.0%-0.6%61.6M-7.02B-38.3M0.515.81N/AN/A3,743,4001,890,24016,147,48016,415,560
2020-11-24$12.92$12.5039.4%11.3%56.7%14.6%40.1%1.1%-0.3%5.7M-5.91B-38.3M0.573.96N/AN/A3,204,8801,825,36016,853,76016,944,680
2020-11-25$13.26$12.5039.0%11.4%54.5%14.2%40.4%0.3%-0.1%149.0M-7.88B-39.3M0.594.50N/AN/A4,078,2402,386,12017,334,56017,382,080
2020-11-27$13.24$12.5039.6%11.5%53.6%14.9%40.5%0.9%-1.1%135.2M-7.76B-39.3M0.508.68N/AN/A3,313,2801,666,48017,960,72017,611,200
2020-11-30$13.32$12.5042.1%12.3%49.7%18.0%43.6%0.5%1.0%92.2M-8.11B-39.3M0.5120.70N/AN/A2,801,3201,417,24016,211,16016,804,600