NVDA Options History — July 2022

In July 2022, NVDA traded between $14.54 and $18.21. ATM implied volatility averaged 56.6%, placing in the 51.2% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded above realized volatility by 0.2% (HV 20d: 56.4%). Max pain ranged from $16.00 to $18.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.68.

Notable Days

2022-07-20: Highest Volume — 9,414,710 contracts
2022-07-11: Largest IV spike — 9.7% change
2022-07-26: Highest IV Rank — 62.1%
2022-07-01: Largest Expected Move — 16.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.31	$14.54	$18.21	$14.54	$18.21
Max Pain	$16.40	$16.00	$18.00	$18.00	$16.00
ATM IV	56.6%	52.4%	62.1%	59.7%	56.7%
Expected Move	15.6%	13.8%	16.9%	16.9%	13.8%
HV 20d	56.4%	48.4%	65.0%	59.9%	53.6%
HV 60d	69.0%	67.4%	70.3%	70.2%	68.1%
IV Rank	51.2%	43.0%	62.1%	57.3%	51.3%
IV Percentile	67.0%	54.4%	82.5%	77.8%	63.9%
Term Structure	1.0%	-1.5%	7.4%	-0.4%	-1.3%
VWIV	54.0%	49.2%	57.6%	57.3%	49.2%
Skew 25d	8.9%	7.2%	10.7%	10.2%	7.4%
Skew 10d	16.4%	13.6%	19.7%	18.4%	14.1%
Call IV 25d	52.2%	48.6%	58.2%	54.8%	53.3%
Put IV 25d	61.1%	56.0%	67.4%	65.0%	60.7%
Bid-Ask Spread %	1.78	1.20	2.87	1.20	1.62
Gamma HHI	0.06	0.03	0.21	0.11	0.21
Net GEX	11.9M	-120.4M	178.4M	-120.4M	178.4M
Net DEX	1.96B	-2.88B	7.22B	7.22B	-2.77B
Net VEX	-60.5M	-68.4M	-51.7M	-51.7M	-68.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.52	1.10	0.86	0.60
Total Volume	5,635,330.5	3,082,100	9,414,710	6,586,270	6,580,110
Total OI	25,761,051	23,277,970	27,135,870	26,211,840	27,135,870

Daily Data (20 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
2022-07-01	$14.54	$18.00	59.7%	16.9%	59.9%	57.3%	57.3%	10.2%	-0.4%	-120.4M	7.22B	-51.7M	0.86	1.20	N/A	N/A	3,531,870	3,054,400	13,236,380	12,975,460
2022-07-05	$14.90	$17.00	58.7%	16.5%	60.5%	55.3%	57.6%	10.7%	-0.3%	-61.4M	5.90B	-53.4M	0.61	2.07	N/A	N/A	3,093,670	1,891,320	12,638,680	12,444,010
2022-07-06	$15.18	$17.00	57.8%	16.3%	61.2%	53.6%	56.0%	10.0%	-0.4%	-36.6M	5.16B	-54.8M	0.57	2.02	N/A	N/A	3,115,660	1,761,220	13,178,290	12,662,530
2022-07-07	$15.86	$17.00	53.8%	15.3%	64.0%	45.7%	53.8%	9.6%	-0.2%	17.5M	3.53B	-58.2M	0.54	1.67	N/A	N/A	3,518,650	1,911,060	13,490,200	12,842,060
2022-07-08	$15.83	$17.00	52.4%	15.0%	64.0%	43.0%	52.2%	8.6%	-0.1%	-11.4M	3.64B	-57.2M	0.67	1.67	N/A	N/A	3,691,650	2,480,800	13,709,750	13,122,080
2022-07-11	$15.13	$17.00	57.5%	16.3%	65.0%	53.0%	55.7%	9.6%	-0.5%	-48.2M	4.88B	-54.3M	0.78	1.95	N/A	N/A	1,796,480	1,401,990	12,742,280	12,044,460
2022-07-12	$15.02	$17.00	57.8%	16.4%	61.8%	53.6%	55.8%	10.0%	-0.7%	-51.7M	4.99B	-53.8M	0.64	1.76	N/A	N/A	2,220,050	1,411,750	12,981,490	12,248,560
2022-07-13	$15.19	$16.00	58.8%	16.6%	55.7%	55.5%	55.7%	10.0%	-0.8%	-49.1M	4.63B	-55.3M	0.84	2.87	N/A	N/A	2,781,060	2,329,620	13,340,700	12,559,800
2022-07-14	$15.38	$16.00	55.3%	15.8%	55.9%	48.6%	54.4%	9.2%	-0.4%	-25.4M	4.04B	-56.2M	0.75	2.52	N/A	N/A	2,716,600	2,042,920	13,715,120	12,798,700
2022-07-15	$15.67	$16.00	53.4%	15.2%	53.2%	44.9%	51.8%	8.6%	-0.3%	20.7M	3.15B	-57.2M	0.58	2.38	N/A	N/A	3,249,470	1,876,860	14,020,450	12,900,050
2022-07-18	$16.05	$16.00	57.0%	16.3%	48.4%	52.0%	56.0%	8.6%	5.3%	4.1M	1.89B	-59.6M	0.52	1.58	N/A	N/A	5,310,220	2,747,070	11,794,610	11,483,360
2022-07-19	$16.98	$16.00	54.3%	15.5%	52.0%	46.6%	54.2%	8.6%	5.6%	52.9M	-225.9M	-64.1M	0.55	1.71	N/A	N/A	4,476,280	2,449,700	12,558,560	11,990,940
2022-07-20	$17.84	$16.00	53.7%	15.4%	51.8%	45.4%	54.1%	7.4%	5.5%	97.6M	-2.64B	-67.6M	0.57	1.85	N/A	N/A	5,984,670	3,430,040	12,989,880	12,413,520
2022-07-21	$17.96	$16.00	53.1%	14.9%	51.4%	44.3%	52.4%	7.2%	6.6%	117.4M	-2.88B	-68.4M	0.65	1.51	N/A	N/A	3,788,350	2,456,490	13,440,210	12,964,330
2022-07-22	$17.23	$16.00	54.5%	14.9%	53.7%	47.1%	51.3%	7.5%	7.4%	28.4M	-444.4M	-66.0M	0.65	1.55	N/A	N/A	4,084,270	2,670,510	13,606,820	13,235,940
2022-07-25	$16.89	$16.00	58.8%	15.3%	52.3%	55.6%	54.2%	8.9%	-1.4%	-3.7M	1.03B	-64.1M	1.10	1.50	N/A	N/A	1,960,430	2,163,340	12,543,190	12,062,450
2022-07-26	$16.52	$16.00	62.1%	16.0%	52.8%	62.1%	55.2%	9.3%	-1.5%	-21.8M	1.81B	-63.5M	0.72	1.33	N/A	N/A	1,792,330	1,289,770	12,865,310	12,420,830
2022-07-27	$17.88	$16.00	59.1%	14.8%	56.1%	56.2%	52.8%	8.4%	-1.4%	62.4M	-1.63B	-68.0M	0.69	1.52	N/A	N/A	3,416,410	2,351,390	13,032,600	12,576,270
2022-07-28	$17.97	$16.00	57.4%	14.4%	54.3%	52.7%	51.3%	8.0%	-1.1%	87.8M	-2.01B	-68.1M	0.62	1.43	N/A	N/A	3,638,380	2,239,750	13,405,220	13,050,060
2022-07-29	$18.21	$16.00	56.7%	13.8%	53.6%	51.3%	49.2%	7.4%	-1.3%	178.4M	-2.77B	-68.1M	0.60	1.62	N/A	N/A	4,117,830	2,462,280	13,787,060	13,348,810