NVDA Options History — June 2023

In June 2023, NVDA traded between $37.48 and $43.86. ATM implied volatility averaged 41.1%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded below realized volatility by 33.6% (HV 20d: 74.7%). Max pain ranged from $28.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.76.

Notable Days

  • 2023-06-14: Highest Volume — 15,388,960 contracts
  • 2023-06-02: Largest IV drop — 9.2% change
  • 2023-06-14: Highest IV Rank — 25.2%
  • 2023-06-01: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.93$37.48$43.86$39.66$42.43
Max Pain$32.04$28.00$35.00$28.00$35.00
ATM IV41.1%37.9%46.7%46.7%38.5%
Expected Move11.8%10.6%13.9%13.9%10.6%
HV 20d74.7%35.7%87.0%85.8%36.9%
HV 60d56.3%55.5%57.3%56.5%57.3%
IV Rank9.6%0.0%25.2%24.5%1.8%
IV Percentile3.7%0.0%10.3%9.5%1.2%
Term Structure0.3%-1.4%1.1%-1.4%0.6%
VWIV42.5%38.4%50.2%50.2%38.4%
Skew 25d-1.5%-6.2%0.3%-2.8%-0.5%
Skew 10d-3.9%-13.0%-0.1%-6.5%-2.0%
Call IV 25d42.9%38.9%50.7%49.7%39.4%
Put IV 25d41.4%38.3%46.9%46.9%39.0%
Bid-Ask Spread %2.351.733.162.362.38
Gamma HHI0.080.040.350.060.26
Net GEX464.3M23.3M1.16B493.1M999.8M
Net DEX-37.84B-53.21B-27.45B-40.65B-37.35B
Net VEX-121.2M-128.5M-107.6M-117.3M-127.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.571.090.680.84
Total Volume9,726,759.5245,292,28015,388,96011,885,37012,778,880
Total OI37,841,090.95232,425,27043,927,76039,057,09037,005,490

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$39.66$28.0046.7%13.9%85.8%24.5%50.2%-2.8%-1.4%493.1M-40.65B-117.3M0.682.36N/AN/A7,091,8304,793,54019,309,40019,747,690
2023-06-02$39.27$28.7542.4%12.5%85.7%9.1%45.1%-1.6%-0.6%350.1M-38.99B-117.0M0.732.22N/AN/A7,684,0205,572,32019,930,90020,483,750
2023-06-05$39.27$30.0040.5%11.8%85.6%2.3%42.4%-0.3%0.6%319.8M-37.14B-113.3M0.732.43N/AN/A3,833,5602,780,50018,178,77018,985,610
2023-06-06$38.61$30.0038.4%11.3%86.4%0.0%40.1%0.1%1.0%204.2M-34.35B-113.9M0.682.41N/AN/A4,780,6003,249,16018,794,59019,582,820
2023-06-07$37.48$30.0038.5%11.2%86.9%0.1%40.2%-0.0%0.3%23.3M-29.11B-116.2M0.683.03N/AN/A4,123,9802,790,04019,444,34020,096,420
2023-06-08$38.47$30.5038.6%11.3%87.0%0.5%40.9%-0.4%0.5%349.7M-34.56B-117.9M0.782.63N/AN/A3,247,4202,533,79020,064,11020,449,910
2023-06-09$38.65$31.0037.9%11.1%86.4%0.0%39.6%-0.9%0.1%324.9M-35.69B-117.5M0.652.41N/AN/A5,873,1203,821,34020,333,28020,828,940
2023-06-12$39.32$31.0040.4%11.6%85.9%8.5%41.7%-1.3%0.1%450.4M-37.67B-118.6M0.613.16N/AN/A3,277,4302,014,85018,995,01019,674,290
2023-06-13$41.08$31.0041.8%12.0%86.5%13.1%43.4%-3.3%0.1%739.8M-45.59B-117.5M0.572.36N/AN/A8,007,4104,546,84019,273,21020,092,830
2023-06-14$42.57$31.5045.4%13.0%86.7%25.2%47.2%-6.2%0.0%1.09B-53.21B-107.6M0.643.13N/AN/A9,404,7005,984,26020,086,16020,825,970
2023-06-15$42.75$31.5044.5%12.9%86.8%22.1%46.7%-4.8%0.4%794.8M-52.59B-125.3M0.652.25N/AN/A6,888,8004,475,34020,884,36022,058,540
2023-06-16$43.00$33.0042.6%12.3%86.1%15.6%44.8%-3.2%0.5%1.16B-52.82B-126.4M0.652.46N/AN/A8,126,5605,269,18021,247,82022,679,940
2023-06-20$43.86$33.0043.3%12.4%85.5%18.1%44.6%-3.1%0.5%573.7M-40.14B-124.7M0.812.06N/AN/A3,978,3803,225,11015,993,57016,431,700
2023-06-21$43.13$33.0041.9%12.0%86.0%13.3%43.3%-1.7%0.8%476.7M-37.34B-125.7M0.832.42N/AN/A5,526,0604,580,83016,665,39017,285,780
2023-06-22$42.86$33.5040.3%11.5%85.9%8.1%41.2%-0.7%0.8%376.1M-36.20B-126.2M0.852.19N/AN/A4,828,4604,091,66017,145,94017,712,370
2023-06-23$42.35$34.0039.0%11.1%85.8%3.7%39.5%-0.4%1.1%252.6M-33.68B-126.0M0.901.92N/AN/A4,784,5104,313,43017,391,07018,064,610
2023-06-26$40.82$34.0040.7%11.5%38.8%9.4%41.3%0.3%0.4%125.4M-27.64B-124.7M0.802.22N/AN/A5,897,5404,688,92015,863,97016,841,780
2023-06-27$41.92$34.5040.1%11.3%39.1%7.3%40.2%-0.3%0.5%388.9M-32.76B-125.4M0.831.85N/AN/A4,302,5503,552,04016,981,95017,486,170
2023-06-28$41.21$34.5041.1%11.6%38.6%10.8%41.0%-0.1%0.2%224.4M-29.61B-127.7M1.091.73N/AN/A4,976,0605,442,62017,245,53018,012,710
2023-06-29$40.75$35.0040.3%11.3%35.7%7.9%40.1%0.0%0.4%36.3M-27.45B-128.5M0.891.77N/AN/A3,768,9403,355,37017,824,31018,661,910
2023-06-30$42.43$35.0038.5%10.6%36.9%1.8%38.4%-0.5%0.6%999.8M-37.35B-127.7M0.842.38N/AN/A6,959,6705,819,21018,210,54018,794,950