HIVE Options History — August 2014

In August 2014, HIVE traded between $39.85 and $47.50. ATM implied volatility averaged 54.6%. The 30-day expected move averaged 13.5%. IV traded above realized volatility by 6.6% (HV 20d: 48.0%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.02.

Notable Days

  • 2014-08-11: Highest Volume — 6 contracts
  • 2014-08-13: Largest IV spike — 88.3% change
  • 2014-08-05: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.44$39.85$47.50$40.85$39.85
Max Pain$37.50$37.50$37.50$37.50$37.50
ATM IV54.6%37.5%156.1%48.5%51.4%
Expected Move13.5%11.1%15.3%13.9%13.6%
HV 20d48.0%38.5%53.9%53.5%38.5%
HV 60d45.2%44.2%46.9%44.6%44.2%
Term Structure-0.9%-9.7%18.7%-8.1%-9.7%
VWIV48.5%36.3%60.8%60.8%36.3%
Skew 25d-4.5%-15.4%11.9%-11.8%-3.8%
Skew 10d22.1%-10.2%84.9%12.7%33.0%
Call IV 25d50.9%40.0%63.2%52.9%62.2%
Put IV 25d46.5%30.1%58.4%41.1%58.4%
Bid-Ask Spread %102.0153.20112.41107.10105.97
Gamma HHI0.890.770.940.920.94
Net GEX-14.7K-17.9K-11.3K-13.8K-17.9K
Net DEX379.4K209.6K467.1K429.1K467.1K
Net VEX-3.4K-3.7K-3.1K-3.7K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.150.000.00
Total Volume1.1430610
Total OI377.905373384373376

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-08-01$40.85$37.5048.5%13.9%53.5%0.0%60.8%-11.8%-8.1%-13.8K429.1K-3.7K0.00107.10N/AN/A1025348
2014-08-04$41.45$0.0059.4%15.0%53.1%0.0%0.0%8.4%3.2%-12.5K406.5K-3.7K0.00103.23N/AN/A2026348
2014-08-05$42.60$0.0047.3%15.3%52.3%0.0%0.0%5.5%4.2%-13.8K387.1K-3.6K0.00101.94N/AN/A0028348
2014-08-06$44.75$0.0060.1%14.2%53.9%0.0%36.3%-8.6%5.5%-12.8K375.3K-3.5K0.15112.41N/AN/A4128348
2014-08-07$47.35$37.5047.9%13.9%53.6%0.0%0.0%11.9%18.7%-12.1K252.0K-3.3K0.00102.71N/AN/A5032349
2014-08-08$47.50$37.5044.1%12.8%47.6%0.0%0.0%-11.2%2.3%-11.3K209.6K-3.1K0.0094.32N/AN/A2033349
2014-08-11$46.35$37.5050.6%11.1%48.5%0.0%0.0%-6.9%5.3%-12.1K248.6K-3.3K0.00105.14N/AN/A6033349
2014-08-12$44.50$37.5082.9%12.3%49.3%0.0%0.0%7.2%-0.3%-13.4K302.6K-3.3K0.0053.20N/AN/A1033349
2014-08-13$43.30$37.50156.1%12.1%50.7%0.0%0.0%-9.9%-6.7%-13.9K315.4K-3.3K0.00112.06N/AN/A0233349
2014-08-14$43.35$37.5042.0%12.0%50.4%0.0%0.0%-0.4%9.6%-14.2K349.0K-3.4K0.00107.19N/AN/A0033351
2014-08-15$42.45$37.5047.9%13.7%50.8%0.0%0.0%-0.1%2.0%-14.8K390.0K-3.5K0.00104.31N/AN/A0033351
2014-08-18$42.25$0.0048.4%13.6%50.9%0.0%0.0%1.8%-5.3%-15.0K399.0K-3.5K0.00104.15N/AN/A0025351
2014-08-19$41.95$0.0045.6%13.6%49.7%0.0%0.0%-2.7%-5.6%-14.7K414.0K-3.4K0.00102.81N/AN/A0025351
2014-08-20$41.25$0.0037.5%13.6%45.7%0.0%0.0%-9.3%-5.0%-13.9K415.8K-3.4K0.0095.43N/AN/A0025351
2014-08-21$40.50$0.0045.8%14.0%45.5%0.0%0.0%-13.2%-8.0%-16.6K419.2K-3.3K0.00103.27N/AN/A0025351
2014-08-22$40.90$0.0038.1%13.5%45.7%0.0%0.0%-8.9%-2.9%-16.7K452.0K-3.4K0.00105.28N/AN/A0025351
2014-08-25$40.15$0.0051.4%13.8%45.1%0.0%0.0%-7.9%1.1%-16.7K411.8K-3.2K0.00105.04N/AN/A0025351
2014-08-26$40.20$0.0044.3%13.8%43.6%0.0%0.0%-12.8%-3.0%-16.7K425.4K-3.3K0.00104.08N/AN/A0025351
2014-08-27$39.90$0.0050.8%13.7%39.7%0.0%0.0%-6.3%-7.1%-17.4K445.8K-3.3K0.00107.05N/AN/A0025351
2014-08-28$39.85$0.0046.9%13.9%39.7%0.0%0.0%-15.4%-9.0%-17.6K451.3K-3.3K0.00105.48N/AN/A0025351
2014-08-29$39.85$0.0051.4%13.6%38.5%0.0%0.0%-3.8%-9.7%-17.9K467.1K-3.3K0.00105.97N/AN/A0025351