NVDA Options History — April 2021

In April 2021, NVDA traded between $13.78 and $16.15. ATM implied volatility averaged 36.0%, placing in the 9.2% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded below realized volatility by 3.9% (HV 20d: 40.0%). Max pain ranged from $12.50 to $14.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.53.

Notable Days

  • 2021-04-12: Highest Volume — 18,913,720 contracts
  • 2021-04-12: Largest IV spike — 12.0% change
  • 2021-04-27: Highest IV Rank — 21.1%
  • 2021-04-15: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.01$13.78$16.15$13.78$15.05
Max Pain$13.32$12.50$14.00$13.25$14.00
ATM IV36.0%32.7%39.6%34.0%38.9%
Expected Move9.9%9.3%10.9%9.7%9.3%
HV 20d40.0%31.3%47.9%47.9%40.3%
HV 60d46.6%44.7%47.7%47.1%46.9%
IV Rank9.2%0.0%21.1%0.0%18.9%
IV Percentile6.4%0.0%18.7%0.0%15.5%
Term Structure1.0%-1.1%5.7%0.3%-1.0%
VWIV35.3%32.7%38.9%35.3%32.7%
Skew 25d0.4%-2.0%1.4%1.0%0.9%
Skew 10d0.5%-4.6%4.0%2.4%1.5%
Call IV 25d36.3%32.6%40.4%34.1%38.9%
Put IV 25d36.6%33.7%40.9%35.1%39.8%
Bid-Ask Spread %10.903.8923.733.896.84
Gamma HHI0.060.030.190.170.12
Net GEX185.1M-148.9M413.4M324.7M-148.9M
Net DEX-8.43B-15.67B-5.07B-6.28B-5.70B
Net VEX-47.4M-49.1M-45.2M-48.5M-47.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.350.770.540.74
Total Volume6,855,097.1432,790,48018,913,7209,367,2004,724,640
Total OI30,298,801.90527,429,68034,912,40030,282,24030,592,680

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$13.78$13.2534.0%9.7%47.9%0.0%35.3%1.0%0.3%324.7M-6.28B-48.5M0.543.89N/AN/A6,090,9603,276,24014,174,32016,107,920
2021-04-05$13.94$12.5034.3%9.9%47.9%0.8%35.9%1.4%-0.1%161.2M-5.83B-47.2M0.517.22N/AN/A1,852,160938,32013,223,48015,189,040
2021-04-06$13.87$12.5034.0%9.8%39.9%0.0%34.9%1.2%0.0%168.6M-5.64B-47.3M0.5911.35N/AN/A2,119,2401,259,60013,923,56015,632,960
2021-04-07$14.18$12.6333.7%9.7%33.4%0.0%34.2%0.5%-0.8%253.7M-7.23B-46.5M0.4315.33N/AN/A4,048,4801,731,76014,114,52015,916,520
2021-04-08$14.30$12.6332.9%9.9%33.4%0.0%34.5%1.1%-0.1%343.9M-7.98B-46.4M0.4710.84N/AN/A4,624,1202,154,12014,615,88016,109,360
2021-04-09$14.35$12.7532.7%9.6%31.3%0.0%34.0%1.1%-0.2%399.1M-8.02B-47.0M0.5114.48N/AN/A3,570,5201,824,60015,112,32016,500,760
2021-04-12$15.31$12.8836.6%10.3%37.0%11.3%37.0%-0.7%-0.3%238.3M-11.49B-45.2M0.356.03N/AN/A14,055,4004,858,32013,743,36015,510,120
2021-04-13$15.65$12.8834.7%10.1%37.0%5.9%36.2%-1.5%0.6%354.1M-13.59B-46.1M0.377.43N/AN/A9,662,7203,568,04015,508,60016,510,440
2021-04-14$15.29$13.1334.0%10.0%38.6%3.8%35.8%-1.1%1.2%297.7M-11.08B-47.9M0.5610.12N/AN/A4,371,6402,450,68016,213,40016,937,520
2021-04-15$16.15$13.2538.0%10.9%42.0%15.4%38.9%-2.0%-0.2%413.4M-15.67B-46.8M0.406.83N/AN/A11,765,6404,760,88016,393,68017,294,120
2021-04-16$15.91$13.3834.7%10.1%38.4%5.7%36.0%-0.7%0.8%186.8M-13.51B-47.0M0.586.10N/AN/A5,928,0403,435,28016,765,00018,147,400
2021-04-19$15.37$13.5036.7%10.6%41.7%11.5%37.7%0.5%4.1%104.7M-7.63B-48.1M0.779.19N/AN/A3,326,5602,556,60012,725,96014,703,720
2021-04-20$15.19$13.7536.9%10.6%41.6%12.3%37.4%0.9%3.9%72.6M-6.76B-48.5M0.7223.73N/AN/A2,947,0802,136,40013,311,32015,254,200
2021-04-21$15.30$13.7534.5%9.9%41.1%5.3%35.1%0.9%5.5%104.9M-7.36B-47.9M0.4120.14N/AN/A2,902,8401,203,88013,576,48015,572,200
2021-04-22$14.85$13.7536.8%10.3%41.5%12.5%36.7%1.2%5.0%-6.2M-5.07B-49.1M0.6012.97N/AN/A3,527,9202,106,44014,028,16015,850,520
2021-04-23$15.28$13.7535.9%9.7%41.3%9.9%34.3%0.4%5.7%91.9M-7.59B-48.1M0.5220.83N/AN/A4,245,4002,201,96014,357,08016,251,160
2021-04-26$15.46$13.7538.9%9.8%41.3%19.0%34.6%0.5%-1.0%129.5M-8.01B-47.3M0.536.68N/AN/A2,506,4401,317,24012,813,36014,922,440
2021-04-27$15.42$13.7539.6%9.7%41.4%21.1%34.4%0.7%-1.0%152.0M-7.99B-47.8M0.526.69N/AN/A2,316,1601,213,56013,462,32015,441,240
2021-04-28$15.35$14.0039.4%9.3%41.6%20.4%33.3%0.4%-1.0%142.6M-7.48B-47.9M0.5313.14N/AN/A1,825,400973,88013,850,72015,899,880
2021-04-29$15.30$14.0039.1%9.3%40.3%19.5%32.9%0.9%-1.1%101.7M-7.10B-47.3M0.549.07N/AN/A2,325,0001,252,88013,908,60016,108,520
2021-04-30$15.05$14.0038.9%9.3%40.3%18.9%32.7%0.9%-1.0%-148.9M-5.70B-47.2M0.746.84N/AN/A2,721,6002,003,04014,207,40016,385,280