NVDA Options History — September 2021

In September 2021, NVDA traded between $20.58 and $22.86. ATM implied volatility averaged 34.8%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 1.5% (HV 20d: 33.3%). Max pain ranged from $19.00 to $20.25. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2021-09-03: Highest Volume — 7,663,200 contracts
  • 2021-09-20: Largest IV spike — 23.3% change
  • 2021-09-20: Highest IV Rank — 36.5%
  • 2021-09-20: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.95$20.58$22.86$22.45$20.78
Max Pain$19.89$19.00$20.25$19.00$20.00
ATM IV34.8%31.4%40.6%31.4%37.8%
Expected Move10.0%8.5%11.7%8.5%11.1%
HV 20d33.3%27.1%36.2%35.5%33.7%
HV 60d33.8%32.4%35.2%33.9%35.1%
IV Rank13.1%0.0%36.5%0.0%25.3%
IV Percentile14.6%0.0%50.8%0.0%30.6%
Term Structure0.3%-0.5%0.8%0.8%-0.1%
VWIV36.2%31.2%41.4%31.2%39.4%
Skew 25d4.1%2.2%8.2%2.4%5.9%
Skew 10d10.5%5.8%18.0%6.0%13.3%
Call IV 25d33.9%31.1%37.7%31.1%36.3%
Put IV 25d38.0%33.5%45.8%33.5%42.2%
Bid-Ask Spread %2.161.493.321.501.89
Gamma HHI0.070.030.240.080.04
Net GEX148.4M-33.0M328.2M224.3M5.1M
Net DEX-11.66B-16.62B-5.37B-15.07B-6.35B
Net VEX-57.5M-61.5M-53.4M-54.8M-61.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.410.790.550.54
Total Volume3,798,7202,324,5107,663,2002,804,2003,422,840
Total OI26,421,392.38122,457,96029,312,61027,466,96026,017,870

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$22.45$19.0031.4%8.5%35.5%0.0%31.2%2.4%0.8%224.3M-15.07B-54.8M0.551.50N/AN/A1,808,820995,38012,418,08015,048,880
2021-09-02$22.36$19.5031.7%9.4%35.4%1.0%33.7%2.4%0.7%230.5M-14.59B-55.6M0.642.55N/AN/A2,028,5101,296,49012,642,18015,207,280
2021-09-03$22.86$19.5032.2%9.6%35.7%2.4%34.1%2.2%0.7%307.4M-16.62B-54.2M0.423.02N/AN/A5,413,5602,249,64012,660,97015,343,800
2021-09-07$22.72$19.5033.2%9.6%35.8%5.3%34.5%2.4%0.2%210.0M-15.34B-53.4M0.502.23N/AN/A2,019,7901,003,54011,735,74014,804,370
2021-09-08$22.33$19.5034.4%10.1%35.8%9.2%38.0%2.5%0.8%160.3M-13.86B-55.4M0.512.35N/AN/A3,015,2801,526,71012,136,27015,063,030
2021-09-09$22.23$20.0034.7%10.0%35.1%11.6%35.7%3.1%0.3%123.5M-13.36B-55.9M0.423.09N/AN/A2,056,720855,88012,463,03015,369,800
2021-09-10$22.49$20.0034.6%10.0%35.0%11.3%36.1%3.9%0.4%328.2M-14.35B-57.3M0.462.28N/AN/A3,116,9001,438,32012,853,34015,533,930
2021-09-13$22.05$20.0035.5%10.2%36.2%16.3%36.4%3.1%0.1%136.1M-12.77B-56.7M0.543.32N/AN/A3,085,9601,652,03012,075,25015,090,330
2021-09-14$22.22$20.0034.7%9.9%35.6%13.1%36.6%4.1%0.8%159.8M-13.24B-57.7M0.582.35N/AN/A1,754,2901,019,18012,541,80015,412,450
2021-09-15$22.32$20.0033.5%9.6%33.6%8.5%35.7%3.8%0.0%229.1M-14.31B-54.8M0.612.44N/AN/A1,647,3401,001,69012,959,69015,719,740
2021-09-16$22.26$20.0032.8%9.4%33.0%5.4%34.4%4.4%-0.1%205.6M-13.55B-57.3M0.511.59N/AN/A1,543,510781,00013,065,63015,945,420
2021-09-17$22.04$20.0033.0%9.4%32.3%6.2%34.4%5.1%0.6%40.4M-12.66B-57.8M0.532.24N/AN/A2,752,5501,456,76013,211,58016,101,030
2021-09-20$20.96$20.0040.6%11.7%33.6%36.5%41.4%8.2%-0.1%24.0M-6.92B-59.0M0.762.35N/AN/A2,330,8401,767,50010,401,69012,056,270
2021-09-21$21.27$20.0036.5%10.6%27.1%20.0%37.8%7.2%-0.2%24.4M-7.44B-59.7M0.792.30N/AN/A1,516,0001,191,45010,870,87012,489,520
2021-09-22$21.90$20.0034.5%9.8%29.1%12.4%36.3%5.0%0.2%148.2M-9.97B-59.3M0.431.87N/AN/A2,781,7601,200,86011,301,83012,756,350
2021-09-23$22.50$20.0034.2%9.7%29.8%11.1%35.8%4.0%0.3%248.4M-12.34B-59.7M0.411.61N/AN/A3,606,3101,473,54011,520,97013,051,120
2021-09-24$22.10$20.0033.7%9.4%30.4%9.0%34.3%3.4%0.4%251.5M-11.12B-59.1M0.441.49N/AN/A3,049,4001,356,80011,845,85013,248,220
2021-09-27$21.73$20.2534.3%9.6%29.4%11.6%35.4%3.0%0.3%90.6M-9.53B-57.3M0.531.55N/AN/A1,798,080948,34011,160,39012,792,590
2021-09-28$20.74$20.2539.5%11.4%33.3%31.8%40.3%5.3%-0.5%2.7M-6.12B-60.7M0.681.78N/AN/A2,697,3001,829,19011,535,51013,151,100
2021-09-29$20.58$20.2538.4%11.3%33.3%27.7%39.3%5.4%-0.2%-33.0M-5.37B-60.6M0.661.64N/AN/A1,982,0101,301,05011,822,84013,422,630
2021-09-30$20.78$20.0037.8%11.1%33.7%25.3%39.4%5.9%-0.1%5.1M-6.35B-61.5M0.541.89N/AN/A2,228,2401,194,60012,237,83013,780,040