GROY Options History — January 2023

In January 2023, GROY traded between $2.40 and $2.63. ATM implied volatility averaged 51.6%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded below realized volatility by 11.7% (HV 20d: 63.3%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.24.

Notable Days

2023-01-20: Highest Volume — 1,476 contracts
2023-01-11: Largest IV spike — 37.8% change
2023-01-05: Highest IV Rank — 18.5%
2023-01-05: Largest Expected Move — 18.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.51	$2.40	$2.63	$2.46	$2.40
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	51.6%	40.4%	61.9%	57.8%	49.1%
Expected Move	15.2%	11.6%	18.8%	16.6%	14.1%
HV 20d	63.3%	51.0%	72.0%	69.6%	51.5%
HV 60d	73.1%	68.9%	77.2%	77.2%	68.9%
IV Rank	11.7%	4.3%	18.5%	15.8%	10.0%
IV Percentile	24.8%	2.0%	47.2%	40.1%	21.4%
Term Structure	4.1%	-14.8%	13.6%	7.0%	-14.8%
VWIV	53.5%	40.4%	65.1%	57.8%	50.7%
Bid-Ask Spread %	56.46	34.37	100.61	62.28	69.08
Gamma HHI	0.67	0.50	0.90	0.54	0.74
Net GEX	-4.1K	-17.0K	-186	-781	-4.2K
Net DEX	-66.3K	-299.9K	113.0K	-41.1K	42.8K
Net VEX	-1.8K	-1.9K	-1.5K	-1.9K	-1.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.24	0.01	7.63	0.29	0.04
Total Volume	253.9	20	1,476	102	56
Total OI	7,995.7	5,219	9,341	8,620	6,648

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
2023-01-03	$2.46	$2.50	57.8%	16.6%	69.6%	15.8%	57.8%	0.0%	7.0%	-781	-41.1K	-1.9K	0.29	62.28	N/A	N/A	79	23	6,127	2,493
2023-01-04	$2.63	$2.50	45.9%	13.2%	67.3%	7.9%	54.9%	0.0%	13.6%	-186	-225.5K	-1.9K	0.01	86.50	N/A	N/A	386	2	6,166	2,473
2023-01-05	$2.50	$2.50	61.9%	18.8%	69.6%	18.5%	65.1%	0.0%	-2.8%	-750	-48.7K	-1.9K	1.68	38.66	N/A	N/A	34	57	6,140	2,474
2023-01-06	$2.58	$2.50	49.1%	17.2%	70.1%	10.0%	60.3%	0.0%	4.4%	-1.6K	-168.0K	-1.9K	0.07	37.74	N/A	N/A	237	17	6,155	2,528
2023-01-09	$2.58	$2.50	61.1%	17.0%	69.1%	18.0%	59.2%	0.0%	6.5%	-751	-160.3K	-1.9K	0.99	42.50	N/A	N/A	131	130	6,237	2,511
2023-01-10	$2.60	$2.50	42.8%	17.2%	69.0%	5.9%	0.0%	0.0%	8.3%	-2.8K	-219.9K	-1.9K	0.98	43.73	N/A	N/A	92	90	6,305	2,641
2023-01-11	$2.50	$2.50	59.0%	16.9%	69.8%	16.6%	0.0%	0.0%	6.3%	-3.5K	-44.6K	-1.9K	0.15	39.20	N/A	N/A	65	10	6,314	2,641
2023-01-12	$2.63	$2.50	56.4%	16.2%	71.9%	14.8%	56.4%	0.0%	7.3%	-1.7K	-233.6K	-1.8K	1.24	38.37	N/A	N/A	54	67	6,322	2,648
2023-01-13	$2.62	$2.50	58.3%	16.7%	70.9%	16.1%	56.5%	0.0%	0.3%	-3.7K	-299.9K	-1.7K	0.57	40.59	N/A	N/A	87	50	6,307	2,715
2023-01-17	$2.50	$2.50	55.8%	16.0%	72.0%	14.4%	55.8%	0.0%	4.4%	-4.4K	-23.5K	-1.7K	0.84	62.25	N/A	N/A	56	47	6,356	2,765
2023-01-18	$2.46	$2.50	52.5%	15.0%	71.3%	12.3%	52.5%	0.0%	8.1%	-9.9K	113.0K	-1.6K	0.47	75.18	N/A	N/A	38	18	6,373	2,797
2023-01-19	$2.46	$2.50	53.4%	15.3%	64.7%	12.9%	53.4%	0.0%	8.5%	-9.9K	108.5K	-1.5K	0.27	41.30	N/A	N/A	155	42	6,373	2,798
2023-01-20	$2.50	$2.50	54.5%	15.6%	59.1%	13.6%	54.5%	0.0%	6.6%	-17.0K	-14.9K	-1.5K	7.63	48.33	N/A	N/A	171	1,305	6,541	2,800
2023-01-23	$2.50	$2.50	52.4%	15.0%	55.9%	12.2%	52.4%	0.0%	0.7%	-1.8K	-50.8K	-1.6K	0.42	38.61	N/A	N/A	627	261	3,605	1,614
2023-01-24	$2.50	$2.50	49.0%	14.1%	54.5%	10.0%	49.0%	0.0%	1.1%	-1.7K	-59.4K	-1.8K	5.81	34.37	N/A	N/A	37	215	4,182	1,875
2023-01-25	$2.48	$2.50	44.2%	12.7%	54.6%	6.8%	44.7%	0.0%	5.9%	-4.2K	-46.6K	-1.8K	0.55	56.09	N/A	N/A	174	96	4,222	2,090
2023-01-26	$2.45	$2.50	40.4%	11.6%	53.3%	4.3%	40.4%	0.0%	4.1%	-4.8K	14.3K	-1.8K	0.22	87.29	N/A	N/A	68	15	4,392	2,121
2023-01-27	$2.45	$2.50	41.4%	11.9%	51.0%	4.9%	0.0%	0.0%	7.0%	-4.8K	4.9K	-1.8K	1.22	86.47	N/A	N/A	9	11	4,441	2,136
2023-01-30	$2.40	$2.50	47.7%	13.7%	51.5%	9.1%	46.1%	0.0%	0.6%	-4.1K	27.3K	-1.8K	1.28	100.61	N/A	N/A	29	37	4,442	2,146
2023-01-31	$2.40	$2.50	49.1%	14.1%	51.5%	10.0%	50.7%	0.0%	-14.8%	-4.2K	42.8K	-1.8K	0.04	69.08	N/A	N/A	54	2	4,464	2,184