NVDA Options History — February 2022

In February 2022, NVDA traded between $22.41 and $26.66. ATM implied volatility averaged 61.3%, placing in the 80.8% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 1.2% (HV 20d: 60.1%). Max pain ranged from $24.50 to $27.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.63.

Notable Days

2022-02-17: Highest Volume — 10,781,220 contracts
2022-02-11: Largest IV spike — 13.3% change
2022-02-11: Highest IV Rank — 100.0%
2022-02-11: Largest Expected Move — 19.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.60	$22.41	$26.66	$24.54	$24.10
Max Pain	$25.05	$24.50	$27.00	$27.00	$25.00
ATM IV	61.3%	53.3%	69.9%	57.4%	56.6%
Expected Move	17.6%	14.9%	19.6%	18.3%	16.3%
HV 20d	60.1%	48.3%	73.1%	48.4%	71.9%
HV 60d	54.8%	51.8%	57.3%	52.0%	57.3%
IV Rank	80.8%	57.5%	100.0%	73.7%	66.0%
IV Percentile	94.9%	84.5%	100.0%	95.6%	88.1%
Term Structure	-1.2%	-2.3%	0.3%	-1.7%	-0.8%
VWIV	61.5%	51.6%	68.0%	64.0%	57.4%
Skew 25d	6.9%	4.2%	10.3%	6.0%	10.3%
Skew 10d	12.8%	7.1%	19.0%	10.5%	19.0%
Call IV 25d	58.5%	49.4%	67.3%	55.0%	51.5%
Put IV 25d	65.4%	58.7%	76.0%	60.9%	61.8%
Bid-Ask Spread %	2.67	1.81	3.65	2.46	2.83
Gamma HHI	0.04	0.02	0.09	0.04	0.03
Net GEX	74.2M	-60.8M	225.3M	123.7M	54.1M
Net DEX	-3.59B	-9.74B	1.10B	-3.48B	-3.30B
Net VEX	-88.0M	-93.2M	-80.7M	-87.8M	-84.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.40	0.83	0.45	0.65
Total Volume	6,560,924.737	3,490,280	10,781,220	5,342,800	3,984,440
Total OI	26,461,326.316	24,457,490	30,027,110	25,730,650	24,733,250

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-02-01	$24.54	$27.00	57.4%	18.3%	48.4%	73.7%	64.0%	6.0%	-1.7%	123.7M	-3.48B	-87.8M	0.45	2.46	N/A	N/A	3,696,900	1,645,900	12,809,450	12,921,200
2022-02-02	$25.17	$27.00	59.3%	19.1%	49.5%	79.1%	67.8%	4.2%	-2.0%	185.8M	-5.72B	-90.2M	0.40	1.97	N/A	N/A	5,232,690	2,118,650	13,134,220	13,145,810
2022-02-03	$24.12	$24.50	65.8%	17.9%	48.6%	96.9%	61.5%	6.8%	-2.3%	79.1M	-2.12B	-90.0M	0.64	3.01	N/A	N/A	3,276,520	2,084,140	13,290,010	13,248,280
2022-02-04	$24.39	$24.50	62.5%	17.3%	48.5%	87.9%	60.2%	5.5%	-1.8%	103.1M	-2.95B	-90.2M	0.69	2.97	N/A	N/A	3,323,590	2,287,140	13,513,700	13,519,890
2022-02-07	$24.74	$24.50	62.9%	17.5%	48.3%	89.0%	61.3%	5.8%	-1.3%	61.5M	-3.47B	-89.5M	0.44	3.53	N/A	N/A	2,850,020	1,251,170	12,471,500	12,852,400
2022-02-08	$25.02	$24.50	60.5%	16.9%	48.7%	82.2%	59.5%	5.8%	-1.1%	97.2M	-4.17B	-89.3M	0.66	2.49	N/A	N/A	2,825,820	1,875,880	12,875,140	12,996,860
2022-02-09	$26.66	$24.50	57.9%	16.2%	53.7%	75.0%	57.7%	4.5%	-1.2%	225.3M	-9.74B	-90.5M	0.53	2.45	N/A	N/A	5,172,230	2,716,620	13,126,530	13,221,670
2022-02-10	$25.77	$24.50	61.7%	17.4%	54.5%	85.7%	60.8%	6.0%	-1.2%	122.7M	-6.36B	-91.4M	0.56	3.04	N/A	N/A	4,868,640	2,742,680	13,267,480	13,471,700
2022-02-11	$23.93	$25.00	69.9%	19.6%	58.0%	100.0%	68.0%	8.7%	-2.1%	-17.7M	-643.5M	-89.4M	0.77	3.05	N/A	N/A	4,784,120	3,687,160	13,578,450	13,676,310
2022-02-14	$24.20	$25.00	68.7%	19.5%	58.2%	96.7%	67.9%	7.5%	-1.1%	30.8M	-2.04B	-88.8M	0.58	2.81	N/A	N/A	2,207,120	1,283,160	12,929,340	13,112,740
2022-02-15	$26.45	$25.00	62.7%	17.9%	65.7%	81.6%	63.9%	5.5%	-0.5%	130.5M	-8.64B	-92.4M	0.51	2.46	N/A	N/A	4,098,780	2,078,380	13,294,620	13,337,380
2022-02-16	$26.49	$25.00	66.5%	19.1%	65.0%	91.4%	67.7%	4.2%	-1.1%	138.1M	-9.03B	-93.2M	0.58	3.65	N/A	N/A	5,170,630	3,006,300	13,627,070	13,625,170
2022-02-17	$24.55	$25.00	60.4%	17.3%	69.3%	75.7%	60.3%	6.5%	0.3%	-12.0M	-1.61B	-87.4M	0.63	1.81	N/A	N/A	6,620,050	4,161,170	14,824,880	14,445,480
2022-02-18	$23.74	$25.00	59.4%	17.0%	69.6%	73.1%	59.1%	7.4%	0.2%	-60.8M	952.2M	-84.9M	0.77	2.30	N/A	N/A	5,778,290	4,470,700	15,307,100	14,720,010
2022-02-22	$23.51	$25.00	59.0%	16.8%	69.0%	72.1%	58.7%	8.5%	-1.2%	3.7M	-1.52B	-83.7M	0.71	2.27	N/A	N/A	2,845,040	2,026,960	12,028,220	12,429,270
2022-02-23	$22.41	$25.00	61.8%	17.7%	70.9%	79.1%	61.2%	9.9%	-1.3%	-39.3M	1.10B	-80.7M	0.83	2.47	N/A	N/A	2,965,170	2,451,900	12,393,060	12,680,250
2022-02-24	$23.58	$25.00	59.0%	16.8%	73.1%	71.9%	59.3%	9.2%	-1.2%	49.9M	-1.93B	-83.7M	0.79	2.37	N/A	N/A	4,218,740	3,337,350	12,771,950	12,972,400
2022-02-25	$24.01	$25.00	53.3%	14.9%	72.1%	57.5%	51.6%	9.3%	-0.6%	133.7M	-3.49B	-84.7M	0.78	2.85	N/A	N/A	4,231,170	3,282,350	13,062,520	13,349,890
2022-02-28	$24.10	$25.00	56.6%	16.3%	71.9%	66.0%	57.4%	10.3%	-0.8%	54.1M	-3.30B	-84.4M	0.65	2.83	N/A	N/A	2,409,760	1,574,680	12,076,820	12,656,430