GROY Options History — April 2022

In April 2022, GROY traded between $3.54 and $4.38. ATM implied volatility averaged 77.3%, placing in the 53.5% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 21.1% (HV 20d: 56.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.80.

Notable Days

2022-04-12: Highest Volume — 884 contracts
2022-04-25: Largest IV spike — 85.0% change
2022-04-11: Highest IV Rank — 100.0%
2022-04-29: Largest Expected Move — 35.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.03	$3.54	$4.38	$4.18	$3.58
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	77.3%	33.9%	132.8%	84.7%	122.7%
Expected Move	18.8%	9.7%	35.2%	14.9%	35.2%
HV 20d	56.2%	50.2%	62.0%	52.6%	59.6%
HV 60d	54.7%	53.2%	56.7%	53.6%	54.7%
IV Rank	53.5%	3.8%	100.0%	79.6%	90.1%
IV Percentile	77.3%	1.0%	100.0%	98.9%	99.5%
Term Structure	-9.6%	-136.4%	25.7%	9.9%	-136.4%
VWIV	67.9%	35.6%	171.1%	52.4%	171.1%
Bid-Ask Spread %	57.79	9.25	87.70	66.79	83.97
Gamma HHI	0.66	0.45	0.97	0.85	0.46
Net GEX	9.3K	6.0K	36.5K	6.5K	6.8K
Net DEX	-73.8K	-550.6K	238.8K	217.3K	-102.2K
Net VEX	-3.6K	-4.5K	-2.7K	-2.9K	-3.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.14	2.70	0.55	0.52
Total Volume	485.15	110	884	328	160
Total OI	10,806.8	6,296	14,964	13,619	8,244

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
2022-04-01	$4.18	$5.00	84.7%	14.9%	52.6%	79.6%	52.4%	0.0%	9.9%	6.5K	217.3K	-2.9K	0.55	66.79	N/A	N/A	212	116	10,536	3,083
2022-04-04	$4.36	$5.00	71.4%	14.8%	50.2%	60.2%	51.8%	0.0%	5.6%	36.5K	-294.3K	-4.4K	0.65	67.59	N/A	N/A	201	131	10,673	3,081
2022-04-05	$4.16	$5.00	66.9%	17.0%	52.1%	53.6%	59.3%	0.0%	-3.4%	7.3K	206.6K	-3.0K	0.79	69.25	N/A	N/A	182	144	10,720	3,082
2022-04-06	$4.12	$5.00	74.2%	16.4%	50.4%	64.3%	57.0%	0.0%	-0.6%	7.9K	187.1K	-3.2K	1.55	58.23	N/A	N/A	78	121	10,827	3,110
2022-04-07	$4.02	$5.00	60.3%	17.3%	51.1%	44.0%	59.6%	0.0%	-4.4%	7.5K	236.3K	-2.7K	0.95	84.95	N/A	N/A	228	217	10,850	3,117
2022-04-08	$4.03	$5.00	86.3%	17.5%	50.9%	81.9%	60.4%	0.0%	-0.9%	7.2K	238.8K	-3.0K	0.61	9.25	N/A	N/A	375	229	10,998	3,229
2022-04-11	$4.30	$5.00	109.0%	12.6%	54.9%	100.0%	52.3%	0.0%	4.5%	8.5K	123.8K	-3.5K	0.71	64.01	N/A	N/A	506	357	11,107	3,249
2022-04-12	$4.02	$5.00	132.8%	18.4%	60.6%	100.0%	64.8%	0.0%	-0.9%	8.1K	68.7K	-3.4K	0.50	14.02	N/A	N/A	591	293	11,327	3,079
2022-04-13	$4.10	$5.00	62.0%	17.8%	60.2%	31.1%	62.8%	0.0%	-1.5%	8.7K	80.1K	-3.4K	1.37	59.18	N/A	N/A	248	339	11,586	3,182
2022-04-14	$4.17	$5.00	58.1%	16.7%	56.5%	27.3%	58.8%	0.0%	0.4%	8.0K	131.7K	-3.7K	0.48	60.77	N/A	N/A	437	211	11,577	3,387
2022-04-18	$4.25	$5.00	58.8%	16.9%	56.2%	28.0%	58.8%	0.0%	18.6%	8.6K	-469.8K	-3.9K	0.22	13.45	N/A	N/A	551	120	4,559	1,737
2022-04-19	$4.38	$5.00	44.8%	12.8%	56.9%	14.4%	44.9%	0.0%	4.3%	10.3K	-550.6K	-4.3K	0.26	58.73	N/A	N/A	419	111	4,814	1,781
2022-04-20	$4.22	$5.00	60.8%	17.4%	57.1%	29.9%	61.5%	0.0%	-1.7%	11.0K	-471.0K	-4.2K	0.43	60.08	N/A	N/A	251	109	5,040	1,767
2022-04-21	$4.16	$5.00	64.0%	18.3%	56.4%	33.1%	66.0%	0.0%	-2.6%	11.0K	-503.4K	-4.5K	2.33	57.19	N/A	N/A	229	533	5,164	1,784
2022-04-22	$4.00	$5.00	33.9%	9.7%	56.9%	3.8%	35.6%	0.0%	25.7%	6.9K	-171.1K	-3.9K	2.70	56.31	N/A	N/A	201	543	5,241	2,288
2022-04-25	$3.75	$5.00	62.8%	18.0%	60.4%	31.9%	61.7%	0.0%	-9.0%	6.2K	-91.5K	-3.6K	0.14	60.02	N/A	N/A	412	59	5,271	2,306
2022-04-26	$3.61	$5.00	65.4%	18.7%	59.6%	34.4%	68.7%	0.0%	-13.3%	6.0K	-103.1K	-3.6K	0.43	58.84	N/A	N/A	320	139	5,536	2,339
2022-04-27	$3.54	$5.00	119.8%	34.3%	59.5%	87.3%	0.0%	0.0%	-36.3%	6.8K	-110.8K	-3.9K	0.41	87.70	N/A	N/A	78	32	5,744	2,449
2022-04-28	$3.70	$5.00	106.6%	30.5%	62.0%	74.5%	143.2%	0.0%	-49.1%	6.2K	-98.0K	-3.6K	0.36	65.49	N/A	N/A	162	58	5,793	2,479
2022-04-29	$3.58	$5.00	122.7%	35.2%	59.6%	90.1%	171.1%	0.0%	-136.4%	6.8K	-102.2K	-3.7K	0.52	83.97	N/A	N/A	105	55	5,795	2,449