NVDA Options History — July 2021

In July 2021, NVDA traded between $18.09 and $20.71. ATM implied volatility averaged 42.0%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 6.7% (HV 20d: 35.3%). Max pain ranged from $17.50 to $31.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2021-07-16: Highest Volume — 21,683,240 contracts
  • 2021-07-19: Largest IV spike — 13.3% change
  • 2021-07-19: Highest IV Rank — 43.5%
  • 2021-07-19: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.62$18.09$20.71$20.22$19.47
Max Pain$19.11$17.50$31.00$17.50$18.75
ATM IV42.0%37.6%46.4%39.9%41.4%
Expected Move12.4%9.2%13.5%10.3%12.3%
HV 20d35.3%29.4%40.6%30.9%35.8%
HV 60d36.6%34.4%38.0%38.0%35.9%
IV Rank30.8%17.6%43.5%24.3%28.9%
IV Percentile44.4%19.8%59.5%33.7%44.8%
Term Structure0.3%-1.9%4.9%-0.5%-0.9%
VWIV44.4%33.9%47.9%36.9%44.0%
Skew 25d1.5%0.4%3.1%0.6%1.6%
Skew 10d3.6%0.8%8.2%0.8%4.1%
Call IV 25d42.3%38.0%46.5%40.6%41.6%
Put IV 25d43.8%39.0%49.6%41.2%43.2%
Bid-Ask Spread %6.403.2711.553.273.44
Gamma HHI0.060.020.220.070.06
Net GEX224.9M-169.1M1.13B582.3M187.2M
Net DEX-11.69B-22.26B768.7M-20.17B-9.82B
Net VEX-62.5M-70.0M-2.5M-61.9M-63.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.320.980.320.58
Total Volume9,496,465.2382,766,22021,683,24018,729,0404,233,750
Total OI34,792,837.143784,91042,161,68038,181,92032,260,720

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$20.22$17.5039.9%10.3%30.9%24.3%36.9%0.6%-0.5%582.3M-20.17B-61.9M0.323.27N/AN/A14,187,8404,541,20018,731,72019,450,200
2021-07-02$20.45$17.5037.6%9.2%29.4%17.6%33.9%1.1%-0.7%1.13B-22.26B-62.0M0.403.82N/AN/A11,172,5204,431,36020,062,40020,081,880
2021-07-06$20.71$18.2540.7%12.4%29.4%26.8%44.0%1.1%-0.3%412.1M-20.40B-60.8M0.507.48N/AN/A8,934,7604,446,68017,139,08017,744,360
2021-07-07$20.45$18.5042.1%12.9%29.6%31.0%46.1%1.0%-0.6%375.5M-18.65B-64.5M0.558.80N/AN/A5,660,0003,130,48018,805,72018,919,440
2021-07-08$19.77$18.5044.1%13.3%32.8%36.8%47.5%1.5%-0.6%49.9M-13.33B-66.7M0.528.14N/AN/A7,621,7203,942,00019,671,48019,579,560
2021-07-09$20.03$18.5040.9%12.6%32.9%27.4%44.9%1.5%-0.5%233.1M-15.77B-65.0M0.605.19N/AN/A7,315,1204,364,60020,314,56020,149,040
2021-07-12$20.42$18.5040.0%12.6%32.7%24.6%45.1%1.5%4.2%344.3M-18.41B-63.3M0.569.04N/AN/A6,415,9603,565,48017,823,24018,598,000
2021-07-13$20.25$18.5038.9%12.5%33.1%21.6%44.3%2.0%4.7%216.2M-16.12B-65.6M0.539.96N/AN/A4,702,0802,475,48018,620,12020,120,640
2021-07-14$19.88$18.6338.6%12.5%33.8%20.5%44.4%1.4%4.9%59.5M-12.96B-66.6M0.559.53N/AN/A6,288,4403,451,20019,788,04020,831,320
2021-07-15$18.95$18.6340.3%12.5%38.7%25.6%44.3%2.3%4.2%-169.1M-5.69B-66.2M0.727.87N/AN/A9,157,5606,556,40019,713,04021,193,240
2021-07-16$18.09$18.6340.9%12.5%39.3%27.4%44.4%2.9%4.2%-112.2M-804.9M-65.4M0.989.25N/AN/A10,952,56010,730,68020,600,40021,561,280
2021-07-19$18.61$18.6346.4%13.5%40.6%43.5%47.9%3.1%-1.1%20.9M-4.73B-67.9M0.5911.55N/AN/A8,375,9204,935,92015,650,60017,530,360
2021-07-20$18.78$31.0044.9%13.0%39.4%39.2%46.0%1.8%-1.9%-6.1M768.7M-2.5M0.587.75N/AN/A3,351,5401,941,690136,270648,640
2021-07-21$19.22$18.7544.0%12.6%39.0%36.6%45.0%1.1%-1.4%157.0M-8.39B-70.0M0.404.45N/AN/A4,554,0401,813,27017,078,71019,013,260
2021-07-22$19.59$18.7545.4%13.1%39.4%40.8%46.5%1.1%-1.1%246.5M-10.60B-69.8M0.384.34N/AN/A4,536,2301,709,05017,269,91019,072,700
2021-07-23$19.53$18.7543.8%12.6%39.3%35.9%45.2%0.4%-1.3%251.2M-10.19B-68.6M0.523.96N/AN/A3,524,5201,820,01017,602,25019,186,110
2021-07-26$19.22$18.7543.3%12.7%39.5%34.4%45.5%0.7%-1.9%126.9M-8.74B-65.7M0.604.83N/AN/A1,727,0301,039,19014,334,28016,254,030
2021-07-27$19.10$18.7545.0%13.2%34.6%39.4%47.0%1.1%-1.2%112.1M-8.00B-66.2M0.634.42N/AN/A2,274,4101,439,61014,736,95016,465,090
2021-07-28$19.54$18.7543.0%12.7%35.7%33.6%45.0%1.6%-0.9%222.6M-10.21B-65.8M0.563.82N/AN/A2,461,3701,389,98015,095,15016,653,790
2021-07-29$19.65$18.7541.9%12.4%35.7%30.3%44.2%1.4%-0.7%284.4M-10.94B-63.8M0.443.50N/AN/A2,946,7301,307,39015,231,74016,930,260
2021-07-30$19.47$18.7541.4%12.3%35.8%28.9%44.0%1.6%-0.9%187.2M-9.82B-63.3M0.583.44N/AN/A2,677,9001,555,85015,271,72016,989,000