NVDA Options History — May 2021

In May 2021, NVDA traded between $13.73 and $16.25. ATM implied volatility averaged 39.9%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 1.1% (HV 20d: 38.8%). Max pain ranged from $13.50 to $14.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.64.

Notable Days

  • 2021-05-28: Highest Volume — 22,928,520 contracts
  • 2021-05-12: Largest IV spike — 10.8% change
  • 2021-05-12: Highest IV Rank — 43.6%
  • 2021-05-12: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.69$13.73$16.25$14.81$16.25
Max Pain$13.72$13.50$14.00$14.00$14.00
ATM IV39.9%32.4%47.0%37.7%34.3%
Expected Move11.2%9.1%13.2%9.1%9.6%
HV 20d38.8%31.8%44.1%40.8%42.8%
HV 60d45.7%43.0%47.8%47.1%43.0%
IV Rank22.1%0.0%43.6%15.4%5.6%
IV Percentile23.9%0.0%55.2%11.5%2.8%
Term Structure-0.6%-1.0%0.5%-0.2%0.5%
VWIV39.5%32.2%46.6%32.2%35.0%
Skew 25d2.4%-0.7%4.8%1.4%-0.7%
Skew 10d4.4%-2.5%10.3%2.2%-2.5%
Call IV 25d39.1%32.5%45.4%36.9%35.3%
Put IV 25d41.4%33.1%49.7%38.3%34.5%
Bid-Ask Spread %8.914.7317.436.306.75
Gamma HHI0.060.020.380.020.29
Net GEX82.4M-129.1M597.4M-12.9M597.4M
Net DEX-4.80B-12.84B-60.7M-4.86B-12.84B
Net VEX-48.7M-51.6M-46.6M-46.6M-51.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.330.960.760.39
Total Volume7,657,7083,566,24022,928,5203,819,28022,928,520
Total OI30,735,37827,729,24034,361,48027,729,24034,361,480

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$14.81$14.0037.7%9.1%40.8%15.4%32.2%1.4%-0.2%-12.9M-4.86B-46.6M0.766.30N/AN/A2,173,1201,646,16012,569,32015,159,920
2021-05-04$14.26$14.0041.1%10.5%43.3%25.6%37.0%1.9%-0.8%-91.6M-2.24B-47.1M0.958.29N/AN/A3,291,3203,114,80013,027,72015,670,040
2021-05-05$14.51$14.0040.1%10.1%43.0%22.7%35.7%2.5%-0.7%-13.0M-3.63B-48.1M0.569.29N/AN/A3,861,8402,163,84013,771,04016,210,480
2021-05-06$14.42$13.5040.3%11.3%43.0%23.2%39.4%2.6%-0.9%-73.0M-3.00B-48.1M0.697.86N/AN/A2,552,0801,762,12014,263,52016,707,920
2021-05-07$14.83$13.5038.2%10.8%44.1%16.7%37.9%2.2%-0.5%146.4M-5.61B-47.0M0.5617.43N/AN/A4,709,6802,652,76014,514,24016,854,360
2021-05-10$14.36$13.5040.7%11.4%38.9%24.4%40.0%2.9%-0.7%-37.1M-3.11B-46.9M0.6916.71N/AN/A2,140,4401,482,56013,155,80015,794,120
2021-05-11$14.28$13.6342.4%12.0%37.8%29.6%42.3%3.1%-0.4%-50.2M-2.69B-47.6M0.799.96N/AN/A2,500,5201,984,48013,668,68016,288,840
2021-05-12$13.79$13.6347.0%13.2%38.8%43.6%46.6%4.4%-1.0%-102.7M-364.0M-48.2M0.9611.61N/AN/A2,243,1602,157,00013,995,52016,512,120
2021-05-13$13.73$13.6343.8%12.4%31.8%33.7%43.9%4.4%-0.6%-129.1M-60.7M-48.2M0.788.58N/AN/A2,678,9602,083,68014,430,72016,812,920
2021-05-14$14.27$13.6340.2%11.3%35.7%22.9%40.3%3.4%-0.9%18.4M-3.17B-48.7M0.736.44N/AN/A3,830,4802,807,92014,921,80017,260,920
2021-05-17$14.11$13.6341.4%11.8%34.0%26.5%41.7%3.8%-0.7%-26.5M-2.37B-48.2M0.5911.88N/AN/A2,242,2401,324,00013,511,36016,351,520
2021-05-18$14.11$13.5040.4%11.6%33.9%23.6%40.7%3.5%-0.9%-4.6M-2.57B-48.5M0.5111.73N/AN/A2,509,2001,289,32014,171,20016,746,680
2021-05-19$13.93$13.6342.8%12.3%33.8%30.9%43.1%4.8%-0.7%-37.8M-1.75B-48.6M0.656.03N/AN/A2,969,6401,938,76014,474,08017,009,880
2021-05-20$14.64$13.6340.4%11.6%37.6%23.5%40.9%2.9%-0.9%167.8M-5.99B-49.1M0.458.01N/AN/A6,203,3602,787,40014,943,16017,375,320
2021-05-21$14.99$13.6341.8%12.1%37.0%27.7%43.2%1.2%-0.9%539.3M-8.33B-50.3M0.338.70N/AN/A16,806,5605,581,08015,583,00017,817,920
2021-05-24$15.65$13.7539.2%11.4%40.1%19.9%40.7%0.9%-0.7%196.2M-8.73B-50.0M0.524.73N/AN/A6,426,6803,341,72012,946,92014,871,800
2021-05-25$15.60$13.7537.8%11.1%40.1%15.6%39.3%0.8%-0.3%182.8M-8.27B-51.0M0.575.74N/AN/A3,332,2001,908,20013,815,20015,661,880
2021-05-26$15.67$13.8836.0%10.6%40.1%10.2%37.4%0.9%-0.2%206.7M-8.72B-50.1M0.706.11N/AN/A4,614,4403,207,96014,268,08016,182,560
2021-05-27$15.52$14.0032.4%9.2%40.2%0.0%33.2%0.6%0.5%171.0M-7.62B-50.1M0.636.05N/AN/A7,288,8404,617,12015,663,80017,361,720
2021-05-28$16.25$14.0034.3%9.6%42.8%5.6%35.0%-0.7%0.5%597.4M-12.84B-51.6M0.396.75N/AN/A16,439,3206,489,20016,362,08017,999,400