NVDA Options History — March 2022

In March 2022, NVDA traded between $21.34 and $28.72. ATM implied volatility averaged 54.6%, placing in the 60.7% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded below realized volatility by 14.3% (HV 20d: 68.9%). Max pain ranged from $24.25 to $25.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.68.

Notable Days

  • 2022-03-24: Highest Volume — 16,183,350 contracts
  • 2022-03-02: Largest IV drop — 11.9% change
  • 2022-03-07: Highest IV Rank — 89.6%
  • 2022-03-07: Largest Expected Move — 20.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.84$21.34$28.72$23.23$27.61
Max Pain$24.77$24.25$25.00$25.00$25.00
ATM IV54.6%46.6%65.9%62.4%47.9%
Expected Move15.8%13.5%20.7%18.3%13.8%
HV 20d68.9%63.7%76.1%68.4%65.1%
HV 60d59.1%55.9%62.3%57.6%62.0%
IV Rank60.7%40.3%89.6%80.7%43.6%
IV Percentile79.8%62.3%97.6%95.2%63.9%
Term Structure-0.8%-1.8%0.3%-1.5%0.3%
VWIV55.3%47.7%70.6%63.7%48.3%
Skew 25d8.6%3.1%13.9%11.7%4.2%
Skew 10d15.5%5.2%23.8%21.1%8.2%
Call IV 25d50.9%45.9%58.5%56.1%46.6%
Put IV 25d59.5%49.1%72.1%67.8%50.8%
Bid-Ask Spread %3.442.155.282.724.54
Gamma HHI0.040.030.070.030.06
Net GEX99.4M-60.7M322.5M11.5M173.5M
Net DEX-5.99B-15.80B2.82B-995.6M-11.94B
Net VEX-84.1M-91.0M-75.4M-82.9M-91.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.401.010.960.52
Total Volume6,631,860.4353,337,18016,183,3503,897,9307,828,380
Total OI25,492,496.52222,578,98027,581,66025,248,07026,177,040

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$23.23$25.0062.4%18.3%68.4%80.7%63.7%11.7%-1.5%11.5M-995.6M-82.9M0.962.72N/AN/A1,984,1701,913,76012,393,40012,854,670
2022-03-02$24.28$25.0055.0%16.0%70.1%61.7%54.9%10.6%-0.9%97.9M-3.83B-84.5M0.612.15N/AN/A2,616,5301,596,90012,584,87013,023,620
2022-03-03$23.54$24.5058.0%17.0%70.2%69.5%58.4%11.5%-0.9%28.5M-1.70B-83.3M0.622.87N/AN/A2,747,7001,705,71012,810,67013,137,110
2022-03-04$22.69$24.5063.3%18.4%69.8%83.2%63.1%13.7%-1.3%-60.7M684.4M-81.9M0.882.74N/AN/A3,176,7202,806,40012,878,76013,214,820
2022-03-07$21.47$24.5065.9%20.7%72.0%89.6%70.4%13.6%-1.5%-48.4M2.82B-76.6M0.802.48N/AN/A2,250,8701,800,70012,081,22012,573,150
2022-03-08$21.61$24.5064.5%20.0%71.7%86.2%70.6%13.9%-1.4%-44.2M2.57B-76.8M0.802.65N/AN/A3,305,7502,632,61012,332,32012,717,070
2022-03-09$23.10$24.5057.7%17.8%76.1%68.7%61.6%11.5%-1.0%66.2M-1.42B-81.2M0.622.48N/AN/A3,836,7302,361,05012,691,53012,881,020
2022-03-10$22.65$24.5059.0%17.9%72.0%71.9%63.5%11.3%-1.1%36.2M-154.4M-80.3M1.012.52N/AN/A2,591,4302,612,59012,963,53013,124,040
2022-03-11$22.20$24.2559.8%17.4%71.5%74.0%60.6%11.4%-0.9%-36.3M1.01B-79.3M0.882.41N/AN/A2,825,9102,489,05013,140,18013,382,970
2022-03-14$21.34$25.0062.5%16.7%68.2%80.9%57.6%12.7%-1.8%-45.0M2.77B-75.4M0.913.92N/AN/A1,744,4601,592,72012,411,72012,756,120
2022-03-15$22.94$25.0057.5%15.6%73.5%68.3%56.8%11.6%-1.5%40.4M-1.18B-80.3M0.795.12N/AN/A2,513,9301,982,77012,643,50012,875,140
2022-03-16$24.31$24.5053.3%14.5%69.0%57.5%51.8%9.2%-1.5%145.7M-5.66B-82.3M0.675.28N/AN/A5,044,5603,393,58013,063,31013,198,670
2022-03-17$24.80$24.5049.4%13.8%69.6%47.6%48.2%7.9%-1.2%206.0M-7.53B-83.1M0.723.42N/AN/A3,782,7002,716,67013,590,77013,581,650
2022-03-18$26.35$24.5048.1%13.5%67.4%44.2%49.2%6.5%-1.1%178.7M-13.42B-84.4M0.654.98N/AN/A7,084,5204,637,37013,719,33013,862,330
2022-03-21$26.55$25.0052.9%14.6%66.0%56.6%50.5%6.5%-0.4%126.3M-10.34B-86.1M0.514.80N/AN/A5,090,6702,602,67011,041,35011,537,630
2022-03-22$26.50$25.0048.6%13.7%65.8%45.4%49.4%6.3%-0.0%151.3M-10.23B-87.2M0.643.32N/AN/A4,091,4702,609,13011,742,59012,103,900
2022-03-23$25.89$25.0048.2%13.8%63.7%44.4%48.0%5.9%0.1%101.2M-8.19B-87.4M0.602.93N/AN/A3,725,1902,229,64012,178,52012,438,860
2022-03-24$28.02$25.0050.2%14.2%66.9%49.6%50.8%3.1%-0.4%322.5M-15.80B-90.3M0.503.69N/AN/A10,813,2105,370,14012,493,48012,577,070
2022-03-25$27.56$25.0047.9%13.9%67.4%43.7%49.6%3.7%0.0%189.9M-13.51B-90.7M0.713.76N/AN/A5,788,0604,093,11013,260,08013,446,290
2022-03-28$28.18$25.0048.8%14.0%67.6%46.0%49.7%3.9%0.1%202.2M-13.88B-89.5M0.403.17N/AN/A3,906,1201,579,62011,994,44012,292,710
2022-03-29$28.72$25.0046.6%13.5%65.6%40.3%47.7%3.2%0.2%273.8M-15.79B-90.0M0.404.00N/AN/A4,938,1501,989,09012,415,08012,585,950
2022-03-30$27.67$25.0047.3%13.6%66.5%42.0%48.3%4.4%0.3%169.5M-12.04B-90.9M0.493.27N/AN/A4,123,0102,007,27012,738,92012,816,020
2022-03-31$27.61$25.0047.9%13.8%65.1%43.6%48.3%4.2%0.3%173.5M-11.94B-91.0M0.524.54N/AN/A5,148,6602,679,72013,122,34013,054,700