HIVE Options History — July 2014

In July 2014, HIVE traded between $37.90 and $42.95. ATM implied volatility averaged 52.4%. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 4.8% (HV 20d: 47.6%). Max pain ranged from $37.50 to $50.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 3.75.

Notable Days

  • 2014-07-10: Highest Volume — 256 contracts
  • 2014-07-07: Largest IV spike — 25.5% change
  • 2014-07-08: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.49$37.90$42.95$40.50$42.00
Max Pain$41.25$37.50$50.00$50.00$37.50
ATM IV52.4%39.2%74.7%51.4%49.3%
Expected Move14.4%11.2%18.0%14.7%14.1%
HV 20d47.6%39.5%55.0%39.5%52.6%
HV 60d44.7%44.7%44.7%44.7%44.7%
Term Structure-1.8%-21.3%18.8%11.2%-21.3%
VWIV42.3%42.3%42.3%42.3%42.3%
Skew 25d3.9%-23.8%21.0%13.6%1.3%
Skew 10d25.5%0.5%51.7%31.5%20.7%
Call IV 25d51.2%37.2%102.9%51.0%38.9%
Put IV 25d55.0%38.5%89.7%64.7%40.2%
Bid-Ask Spread %112.2787.75125.77116.39119.35
Gamma HHI0.810.460.980.460.91
Net GEX-8.8K-15.8K227216-14.5K
Net DEX302.9K-5.3K535.7K-5.1K418.3K
Net VEX-2.5K-3.8K-52-52-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.750.0025.060.000.00
Total Volume17.227025600
Total OI247.13673737373

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-07-01$40.50$50.0051.4%14.7%39.5%0.0%0.0%13.6%11.2%216-5.1K-520.00116.39N/AN/A0061
2014-07-02$41.25$50.0058.7%16.8%40.2%0.0%0.0%6.8%-7.4%225-5.2K-530.00124.02N/AN/A0061
2014-07-03$40.90$50.0059.5%17.1%39.7%0.0%0.0%7.0%-3.7%227-5.3K-530.00125.77N/AN/A0261
2014-07-07$41.85$0.0074.7%15.1%40.7%0.0%0.0%6.2%7.9%162-2.9K-750.00117.63N/AN/A0063
2014-07-08$40.40$0.0073.5%18.0%41.0%0.0%0.0%5.5%-13.2%162-2.4K-700.00116.46N/AN/A0063
2014-07-09$39.50$0.0069.6%15.0%40.4%0.0%0.0%-1.8%-9.3%144-818-640.00117.45N/AN/A0063
2014-07-10$37.90$0.0057.8%16.6%41.8%0.0%0.0%12.2%-6.4%121-33-610.00108.05N/AN/A025663
2014-07-11$40.95$0.0052.2%15.0%52.5%0.0%0.0%14.1%9.4%-10.1K364.3K-2.8K25.06105.46N/AN/A3856258
2014-07-14$40.50$0.0058.8%16.8%51.8%0.0%0.0%20.8%-8.6%-12.0K449.9K-3.7K6.0087.75N/AN/A159344
2014-07-15$39.15$0.0046.4%13.3%49.1%0.0%0.0%7.1%-3.7%-13.3K474.1K-3.7K0.00105.02N/AN/A0010348
2014-07-16$39.20$0.0045.5%13.0%49.1%0.0%0.0%0.2%-3.1%-13.3K483.3K-3.7K0.00103.86N/AN/A2010348
2014-07-17$38.80$0.0049.6%14.2%49.1%0.0%0.0%-0.0%-7.8%-13.4K489.0K-3.7K0.00115.68N/AN/A0011348
2014-07-18$38.20$0.0050.2%14.4%48.9%0.0%0.0%10.5%-1.0%-13.8K500.0K-3.7K0.00112.86N/AN/A0011348
2014-07-21$38.50$0.0039.9%11.4%48.5%0.0%0.0%21.0%10.2%-14.6K535.7K-3.7K0.00113.61N/AN/A3011348
2014-07-22$39.90$0.0040.1%11.5%50.5%0.0%42.3%-23.8%12.0%-13.8K494.1K-3.7K0.00107.10N/AN/A10013348
2014-07-23$42.25$37.5041.2%11.8%55.0%0.0%0.0%4.6%5.7%-11.2K411.2K-3.8K2.67112.56N/AN/A3823348
2014-07-24$42.95$37.5039.2%11.2%53.6%0.0%0.0%7.6%18.8%-11.6K404.7K-3.8K0.00113.22N/AN/A0025348
2014-07-25$42.55$37.5043.7%12.5%51.5%0.0%0.0%0.4%-13.3%-11.7K398.8K-3.7K0.00116.71N/AN/A1025348
2014-07-28$41.40$37.5047.3%13.6%48.8%0.0%0.0%-5.0%-3.8%-12.8K405.8K-3.7K0.00107.17N/AN/A0025348
2014-07-29$40.05$37.5050.6%14.5%50.2%0.0%0.0%-10.2%-8.3%-13.6K438.5K-3.7K0.00108.69N/AN/A0025348
2014-07-30$42.05$37.5053.7%15.4%52.9%0.0%0.0%-13.2%-4.1%-15.8K418.1K-3.7K0.00115.21N/AN/A0025348
2014-07-31$42.00$37.5049.3%14.1%52.6%0.0%0.0%1.3%-21.3%-14.5K418.3K-3.6K0.00119.35N/AN/A0025348