NVDA Options History — February 2021

In February 2021, NVDA traded between $13.21 and $15.33. ATM implied volatility averaged 48.4%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded above realized volatility by 8.4% (HV 20d: 40.0%). Max pain ranged from $13.00 to $13.63. Net GEX was positive for 17 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.52.

Notable Days

  • 2021-02-10: Highest Volume — 18,999,400 contracts
  • 2021-02-26: Largest IV drop — 12.1% change
  • 2021-02-11: Highest IV Rank — 26.0%
  • 2021-02-25: Largest Expected Move — 15.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.28$13.21$15.33$13.21$13.82
Max Pain$13.29$13.00$13.63$13.25$13.63
ATM IV48.4%43.9%51.5%50.0%45.1%
Expected Move13.5%10.7%15.0%12.0%12.9%
HV 20d40.0%33.5%48.3%40.9%48.3%
HV 60d33.7%30.8%37.7%37.5%37.7%
IV Rank20.1%12.7%26.0%24.1%12.7%
IV Percentile42.3%27.4%57.5%49.6%29.0%
Term Structure-0.7%-1.3%-0.2%-0.9%-0.2%
VWIV47.6%38.4%52.3%43.5%45.7%
Skew 25d-0.3%-3.9%3.7%0.9%3.0%
Skew 10d-1.1%-8.0%8.1%2.2%6.7%
Call IV 25d49.2%44.1%55.1%50.4%44.1%
Put IV 25d48.9%43.9%53.5%51.2%47.1%
Bid-Ask Spread %21.846.1344.2544.2538.71
Gamma HHI0.060.030.160.030.04
Net GEX179.5M-139.5M436.3M2.1M-35.2M
Net DEX-7.39B-14.63B294.0M-2.58B-2.63B
Net VEX-43.8M-47.5M-42.2M-43.8M-47.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.250.980.820.98
Total Volume9,359,545.2634,946,12018,999,4004,946,12010,492,920
Total OI30,776,313.68424,716,08034,666,76028,480,80033,025,040

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$13.21$13.2550.0%12.0%40.9%24.1%43.5%0.9%-0.9%2.1M-2.58B-43.8M0.8244.25N/AN/A2,714,0402,232,08013,427,52015,053,280
2021-02-02$13.53$13.2546.9%10.9%41.6%19.9%39.4%0.2%-0.9%145.2M-4.69B-43.2M0.7043.99N/AN/A3,296,8002,300,60013,928,32015,347,600
2021-02-03$13.57$13.2546.4%10.7%41.2%19.3%38.4%-0.8%-0.8%176.6M-4.85B-43.5M0.4433.53N/AN/A6,571,6002,878,24014,228,96015,775,880
2021-02-04$13.59$13.0045.2%12.7%37.0%17.8%44.6%-0.3%-1.0%202.4M-5.00B-43.1M0.5412.44N/AN/A3,552,0001,932,08015,110,08016,319,200
2021-02-05$13.58$13.0043.9%12.3%33.5%16.1%43.6%-0.7%-1.0%252.5M-4.91B-44.1M0.6012.06N/AN/A3,115,4801,881,84015,764,48016,782,400
2021-02-08$14.45$13.0047.4%13.3%39.6%20.6%46.6%-1.9%-0.7%244.0M-9.75B-42.2M0.3613.30N/AN/A12,765,6404,583,08013,961,92015,468,040
2021-02-09$14.29$13.0045.6%12.7%38.5%18.3%45.0%-1.8%-1.3%349.6M-9.34B-43.3M0.306.13N/AN/A5,692,6001,730,32015,706,76015,478,360
2021-02-10$14.72$13.0050.3%14.2%39.1%24.4%50.0%-2.4%-0.6%416.8M-11.95B-43.4M0.2515.22N/AN/A15,237,7203,761,68015,986,76015,776,120
2021-02-11$15.20$13.0051.5%14.7%40.3%26.0%51.5%-3.9%-0.2%436.3M-14.63B-43.7M0.3116.86N/AN/A11,827,6003,673,56017,051,92016,197,640
2021-02-12$14.95$13.1350.3%14.3%40.1%24.4%50.7%-2.9%-0.2%342.5M-12.60B-44.5M0.5016.51N/AN/A9,171,5604,612,84017,836,88016,829,880
2021-02-16$15.33$13.2549.7%14.2%37.9%23.6%50.2%-2.3%-0.7%308.3M-13.01B-42.5M0.5016.02N/AN/A5,267,2402,641,32015,676,96015,407,200
2021-02-17$14.93$13.3850.0%14.3%39.9%22.2%51.1%-1.2%-0.7%240.0M-10.63B-43.6M0.6115.44N/AN/A3,771,7202,290,72016,101,96016,246,080
2021-02-18$14.87$13.5049.5%14.2%39.0%18.7%50.2%-0.5%-0.7%207.1M-10.19B-43.4M0.5018.38N/AN/A3,700,2401,848,40016,205,40016,708,760
2021-02-19$14.90$13.5048.1%13.8%37.3%16.8%49.4%0.4%-0.5%85.4M-10.50B-43.5M0.4317.17N/AN/A5,975,9602,590,84016,649,24017,098,480
2021-02-22$14.41$13.5050.5%14.8%39.2%20.1%52.3%1.1%-0.9%43.0M-4.54B-43.5M0.5016.63N/AN/A3,335,7201,682,36011,657,80013,058,280
2021-02-23$14.16$13.6349.4%14.6%39.6%18.6%51.3%2.1%-0.9%26.9M-3.59B-44.0M0.5818.37N/AN/A3,871,2002,234,40012,637,48013,732,360
2021-02-24$14.44$13.6347.7%14.1%39.6%16.3%49.4%0.8%-0.9%106.4M-5.33B-44.3M0.4818.58N/AN/A6,330,4003,054,24013,469,32014,223,520
2021-02-25$13.33$13.6351.3%15.0%47.0%21.3%52.3%3.7%-1.1%-139.5M294.0M-44.3M0.5241.28N/AN/A10,005,0405,207,28015,376,28015,443,800
2021-02-26$13.82$13.6345.1%12.9%48.3%12.7%45.7%3.0%-0.2%-35.2M-2.63B-47.5M0.9838.71N/AN/A5,300,7205,192,20016,705,68016,319,360