NVDA Options History — December 2021

In December 2021, NVDA traded between $27.70 and $32.21. ATM implied volatility averaged 51.2%, placing in the 64.4% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded below realized volatility by 8.3% (HV 20d: 59.5%). Max pain ranged from $18.50 to $28.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.61.

Notable Days

  • 2021-12-16: Highest Volume — 10,253,610 contracts
  • 2021-12-16: Largest IV spike — 13.4% change
  • 2021-12-16: Highest IV Rank — 94.5%
  • 2021-12-03: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.93$27.70$32.21$31.86$29.51
Max Pain$21.45$18.50$28.00$27.00$22.50
ATM IV51.2%44.4%60.7%51.9%44.4%
Expected Move14.6%12.4%17.6%15.7%12.4%
HV 20d59.5%55.5%67.7%63.2%56.3%
HV 60d51.9%47.2%54.3%47.4%52.3%
IV Rank64.4%42.8%94.5%66.5%42.8%
IV Percentile89.2%72.6%99.6%95.6%72.6%
Term Structure-0.2%-1.9%0.4%0.4%0.3%
VWIV52.0%43.7%61.8%54.9%43.7%
Skew 25d4.4%2.0%8.8%4.2%2.2%
Skew 10d8.4%3.7%17.6%8.0%3.7%
Call IV 25d50.2%44.2%60.6%50.8%44.2%
Put IV 25d54.5%46.3%64.9%55.0%46.3%
Bid-Ask Spread %2.401.654.043.131.78
Gamma HHI0.050.030.130.040.04
Net GEX128.6M-64.6M317.1M170.3M63.4M
Net DEX-18.10B-25.77B-11.25B-23.73B-15.89B
Net VEX-84.1M-88.3M-79.2M-80.1M-86.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.330.970.590.59
Total Volume6,693,069.0914,900,29010,253,6105,092,4805,825,050
Total OI30,746,758.18228,691,32033,995,61029,855,78031,923,390

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$31.86$27.0051.9%15.7%63.2%66.5%54.9%4.2%0.4%170.3M-23.73B-80.1M0.593.13N/AN/A3,195,0001,897,48014,186,04015,669,740
2021-12-02$32.21$27.5051.4%15.3%63.2%65.1%54.3%5.7%0.3%210.2M-24.67B-79.2M0.972.76N/AN/A2,901,5502,800,93014,377,98015,846,540
2021-12-03$30.36$28.0057.4%17.6%55.5%83.9%61.8%8.8%0.2%-43.0M-17.78B-83.6M0.962.70N/AN/A4,129,7303,947,62014,595,41016,223,660
2021-12-06$30.02$19.0055.1%15.5%55.6%76.7%56.5%7.8%-0.3%67.4M-17.77B-81.9M0.822.39N/AN/A3,771,8803,093,42013,495,42015,658,770
2021-12-07$32.16$18.5048.4%13.9%60.2%55.5%49.1%4.8%0.3%253.1M-25.77B-81.6M0.622.14N/AN/A4,304,1302,672,09014,059,89016,048,390
2021-12-08$31.61$19.0049.2%14.0%60.6%58.1%49.8%4.5%0.2%197.5M-23.81B-81.7M0.532.15N/AN/A3,440,3201,836,13014,378,94016,355,750
2021-12-09$30.77$19.0050.4%14.3%59.5%61.9%50.9%5.9%0.2%103.4M-20.38B-83.9M0.713.09N/AN/A3,697,7202,633,96014,664,51016,556,000
2021-12-10$30.07$19.0048.0%13.6%59.1%54.4%48.0%4.9%0.1%-24.7M-17.91B-80.3M0.662.37N/AN/A4,920,9003,254,64015,082,68016,770,460
2021-12-13$28.47$19.5052.0%14.5%62.1%66.9%52.0%5.6%-1.2%23.0M-13.44B-79.9M0.852.82N/AN/A3,092,1102,640,34014,151,77016,271,660
2021-12-14$28.27$20.0053.1%14.9%62.0%70.5%52.8%5.6%-1.1%28.7M-12.84B-82.2M0.803.56N/AN/A3,795,3003,020,23014,690,38016,757,480
2021-12-15$30.04$20.0053.5%15.0%66.0%71.8%53.4%4.4%-1.2%185.2M-19.70B-86.1M0.504.04N/AN/A5,500,9502,762,24015,080,41017,142,300
2021-12-16$28.41$20.0060.7%17.0%67.7%94.5%59.6%4.3%-1.9%39.0M-13.80B-88.3M0.462.62N/AN/A7,040,8703,212,74015,341,85017,439,380
2021-12-17$28.06$20.5059.0%16.6%58.2%89.1%59.0%4.4%-1.6%-64.6M-12.34B-88.0M0.662.38N/AN/A4,748,2303,120,97016,153,47017,842,140
2021-12-20$27.70$21.0056.5%16.1%56.2%81.3%56.9%5.0%-0.1%57.7M-11.25B-87.3M0.591.99N/AN/A3,073,7301,826,56013,502,18015,189,140
2021-12-21$28.87$21.0051.0%14.6%58.7%63.9%51.9%3.4%0.0%158.7M-15.13B-86.6M0.492.19N/AN/A4,412,5502,178,99013,938,49015,520,230
2021-12-22$29.25$21.0048.7%14.0%58.6%56.4%49.4%2.8%0.2%236.0M-16.60B-86.3M0.342.14N/AN/A5,244,9301,790,89014,312,01015,725,090
2021-12-23$29.77$21.2546.8%13.4%57.5%50.3%47.8%2.7%0.4%317.1M-18.56B-86.8M0.331.66N/AN/A5,954,4101,988,39014,628,82015,940,660
2021-12-27$30.91$21.7547.2%13.4%58.8%51.7%48.2%2.8%0.2%247.0M-21.45B-85.5M0.361.99N/AN/A4,846,8901,761,25013,632,91015,278,260
2021-12-28$30.49$21.7549.3%14.1%56.9%58.4%49.9%2.1%0.2%245.8M-20.10B-84.3M0.451.65N/AN/A4,190,1501,881,97014,228,40015,606,680
2021-12-29$30.05$22.2547.3%13.5%56.6%52.2%48.0%2.2%0.2%214.7M-18.48B-85.6M0.571.66N/AN/A3,377,4301,938,04014,775,54016,010,330
2021-12-30$29.68$22.5045.4%12.8%56.5%46.1%45.7%2.0%0.4%142.4M-16.85B-85.4M0.451.69N/AN/A3,798,4201,726,39015,003,59016,371,940
2021-12-31$29.51$22.5044.4%12.4%56.3%42.8%43.7%2.2%0.3%63.4M-15.89B-86.2M0.591.78N/AN/A3,660,8302,164,22015,366,86016,556,530