NVDA Options History — December 2020

In December 2020, NVDA traded between $12.87 and $13.54. ATM implied volatility averaged 38.9%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 11.2% (HV 20d: 27.7%). Max pain ranged from $9.00 to $12.50. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.64.

Notable Days

  • 2020-12-09: Highest Volume — 7,227,080 contracts
  • 2020-12-31: Largest IV drop — 4.7% change
  • 2020-12-01: Highest IV Rank — 17.1%
  • 2020-12-01: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.21$12.87$13.54$13.38$13.00
Max Pain$11.33$9.00$12.50$12.50$12.13
ATM IV38.9%35.8%41.4%41.4%36.2%
Expected Move11.2%10.0%12.2%12.2%10.1%
HV 20d27.7%19.4%49.7%49.7%19.7%
HV 60d40.3%37.8%44.9%44.9%37.8%
IV Rank13.5%8.7%17.1%17.1%8.7%
IV Percentile13.3%5.2%21.0%21.0%5.2%
Term Structure0.7%-0.3%2.1%1.5%1.4%
VWIV39.8%35.8%42.9%42.9%36.3%
Skew 25d0.9%-0.8%1.9%0.4%1.5%
Skew 10d1.4%-1.6%3.8%0.1%2.7%
Call IV 25d38.9%35.3%42.0%42.0%36.2%
Put IV 25d39.9%36.8%42.5%42.4%37.7%
Bid-Ask Spread %12.465.3823.465.385.53
Gamma HHI0.040.030.130.040.13
Net GEX96.7M-35.1M270.7M141.3M188.1M
Net DEX-6.93B-10.16B-4.63B-8.85B-5.47B
Net VEX-40.4M-41.5M-38.7M-39.6M-39.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.370.990.370.57
Total Volume4,986,243.6363,161,4007,227,0806,537,7205,494,760
Total OI36,791,789.09133,190,28040,000,12034,268,68037,188,040

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$13.38$12.5041.4%12.2%49.7%17.1%42.9%0.4%1.5%141.3M-8.85B-39.6M0.375.38N/AN/A4,767,7201,770,00017,063,44017,205,240
2020-12-02$13.54$12.5040.6%11.8%47.7%16.1%41.8%-0.8%1.7%236.3M-10.16B-40.3M0.517.10N/AN/A4,496,4402,308,48018,128,40017,591,960
2020-12-03$13.39$9.0040.0%12.1%43.8%15.4%42.6%-0.3%1.6%192.4M-8.62B-40.4M0.4616.06N/AN/A3,710,0401,722,24018,378,44018,140,600
2020-12-04$13.48$9.2538.4%11.6%43.0%13.4%41.0%0.0%2.1%270.7M-9.22B-40.3M0.577.20N/AN/A3,270,5201,874,04018,650,00018,590,960
2020-12-07$13.53$9.5039.7%11.6%40.7%15.0%40.8%-0.2%0.1%161.4M-9.03B-39.3M0.6911.35N/AN/A3,188,7602,184,64017,381,44017,833,520
2020-12-08$13.39$10.1339.8%11.5%36.3%15.1%40.4%0.0%0.0%126.0M-8.06B-40.2M0.6910.91N/AN/A2,535,7601,750,76018,282,16018,640,080
2020-12-09$12.94$10.5041.4%11.9%27.0%17.0%42.3%1.1%0.4%-24.7M-4.94B-40.1M0.5923.46N/AN/A4,547,1602,679,92018,779,56019,200,160
2020-12-10$13.02$11.2540.4%11.7%21.6%15.8%41.6%1.4%0.7%15.6M-5.45B-41.5M0.6411.69N/AN/A2,749,8401,749,44019,513,44019,893,520
2020-12-11$12.97$11.2540.5%11.7%21.6%15.9%41.4%1.5%0.8%11.2M-5.09B-41.2M0.9920.35N/AN/A2,606,0402,582,44019,691,80020,194,120
2020-12-14$13.29$11.2540.7%11.7%23.1%16.2%41.6%1.5%-0.3%99.8M-7.46B-41.0M0.4813.08N/AN/A3,985,8001,930,80018,176,72019,198,800
2020-12-15$13.31$11.5039.4%11.3%22.5%14.6%40.2%0.7%-0.3%148.1M-7.72B-41.1M0.5015.75N/AN/A2,116,3601,062,00018,992,60019,616,200
2020-12-16$13.28$11.5039.4%11.3%22.5%14.6%40.1%1.2%-0.1%129.5M-7.45B-40.8M0.7222.20N/AN/A2,034,7601,474,20019,132,64019,789,560
2020-12-17$13.30$11.7538.2%11.0%22.4%13.1%39.0%0.9%-0.1%141.1M-7.58B-40.8M0.5817.79N/AN/A2,498,1601,449,04019,507,92020,224,080
2020-12-18$13.14$11.7538.6%11.1%22.8%13.6%39.1%1.4%0.0%28.9M-6.24B-40.1M0.8217.48N/AN/A3,125,6402,568,28019,769,72020,230,400
2020-12-21$13.30$11.7539.0%11.3%21.8%14.0%40.0%1.0%0.5%80.3M-7.04B-41.0M0.8219.65N/AN/A2,516,9602,068,72015,945,84017,244,440
2020-12-22$13.25$11.8837.4%10.8%21.9%12.0%38.5%1.5%0.7%84.6M-6.83B-41.0M0.747.68N/AN/A2,204,4401,634,48016,580,20017,857,240
2020-12-23$13.08$11.8836.6%10.5%21.4%10.6%37.3%1.4%0.9%19.4M-5.81B-40.6M0.667.65N/AN/A2,281,1201,515,28017,073,92018,335,320
2020-12-24$12.99$11.8835.8%10.0%19.4%8.7%35.8%1.4%0.9%-13.1M-5.15B-40.4M0.7615.08N/AN/A1,794,7201,366,68017,434,32018,672,360
2020-12-28$12.87$11.8837.0%10.6%19.6%9.7%37.5%1.7%0.5%-35.1M-4.63B-38.7M0.765.79N/AN/A2,966,4002,263,68015,923,12017,801,560
2020-12-29$12.97$12.1337.1%10.5%19.7%9.9%37.5%1.9%0.9%-4.5M-5.07B-39.8M0.625.60N/AN/A2,792,1601,722,60016,676,12018,761,040
2020-12-30$13.12$12.1337.9%10.8%20.1%10.9%38.5%1.3%0.6%130.1M-6.49B-40.1M0.487.26N/AN/A4,288,9602,047,12017,126,08019,002,280
2020-12-31$13.00$12.1336.2%10.1%19.7%8.7%36.3%1.5%1.4%188.1M-5.47B-39.9M0.575.53N/AN/A3,504,2401,990,52017,894,64019,293,400