HIVE Options History — September 2014

In September 2014, HIVE traded between $38.05 and $44.00. ATM implied volatility averaged 47.5%. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 15.4% (HV 20d: 32.1%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-09-15: Highest Volume — 6 contracts
  • 2014-09-11: Largest IV drop — 40.4% change
  • 2014-09-08: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.66$38.05$44.00$39.90$40.10
ATM IV47.5%36.2%69.1%58.6%40.9%
Expected Move13.7%13.1%14.9%13.9%13.8%
HV 20d32.1%20.3%39.1%38.1%39.1%
HV 60d43.8%42.3%45.1%44.1%43.2%
Term Structure-0.3%-12.1%16.4%-12.1%-9.5%
Skew 25d3.1%-19.1%44.0%-5.9%0.1%
Skew 10d18.4%-28.2%83.3%36.0%21.6%
Call IV 25d54.4%38.3%84.1%69.7%42.2%
Put IV 25d57.5%42.3%96.0%63.8%42.3%
Bid-Ask Spread %103.3396.86109.58103.78108.79
Gamma HHI0.920.870.950.940.93
Net GEX-17.8K-22.0K-13.0K-18.0K-16.9K
Net DEX432.5K313.0K554.1K454.7K459.3K
Net VEX-3.0K-3.3K-2.8K-3.2K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.190610
Total OI379.952376386376379

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$39.90$0.0058.6%13.9%38.1%0.0%0.0%-5.9%-12.1%-18.0K454.7K-3.2K0.00103.78N/AN/A1025351
2014-09-03$39.50$0.0051.4%13.8%36.6%0.0%0.0%-13.5%-10.3%-17.6K455.3K-3.2K0.00101.72N/AN/A0026351
2014-09-04$39.70$0.0050.6%13.7%31.0%0.0%0.0%-18.6%-8.9%-18.9K466.6K-3.2K0.00103.33N/AN/A2026351
2014-09-05$39.60$0.0052.5%14.0%20.6%0.0%0.0%-19.1%7.9%-17.4K483.9K-3.3K0.00102.35N/AN/A0028351
2014-09-08$39.60$0.0056.3%14.9%20.3%0.0%0.0%-4.2%9.1%-15.5K474.7K-3.2K0.0096.86N/AN/A0028351
2014-09-09$39.90$0.0055.4%13.1%20.3%0.0%0.0%-16.1%7.6%-18.8K469.5K-3.2K0.00101.02N/AN/A0028351
2014-09-10$42.20$0.0069.1%13.4%27.2%0.0%0.0%4.8%16.4%-20.7K401.2K-3.0K0.00100.58N/AN/A0028351
2014-09-11$41.85$0.0041.2%13.6%25.7%0.0%0.0%5.9%6.2%-15.1K398.9K-3.1K0.00100.47N/AN/A3028351
2014-09-12$44.00$0.0045.1%13.7%31.6%0.0%0.0%15.5%11.8%-16.5K376.1K-3.0K0.00100.60N/AN/A0029351
2014-09-15$43.15$0.0049.0%13.8%31.5%0.0%0.0%9.5%-3.1%-13.0K356.3K-3.0K0.00101.79N/AN/A6029351
2014-09-16$43.50$0.0041.0%13.6%31.5%0.0%0.0%8.5%8.2%-14.0K352.8K-3.1K0.00106.19N/AN/A0035351
2014-09-17$41.70$0.0043.9%13.7%35.0%0.0%0.0%5.9%-2.8%-17.6K313.0K-2.8K0.00101.08N/AN/A4035351
2014-09-18$41.50$0.0042.1%13.5%34.5%0.0%0.0%4.4%-0.2%-19.2K356.7K-2.9K0.00106.41N/AN/A0034351
2014-09-19$41.15$0.0042.1%13.7%34.0%0.0%0.0%2.4%1.2%-15.9K406.1K-3.0K0.00104.85N/AN/A0034351
2014-09-22$40.50$0.0046.0%13.8%34.3%0.0%0.0%3.4%-7.9%-18.7K403.7K-2.9K0.00108.51N/AN/A0128350
2014-09-23$40.30$0.0052.7%13.9%33.7%0.0%0.0%1.7%-9.5%-18.5K414.8K-2.9K0.00108.56N/AN/A0428350
2014-09-24$38.95$0.0042.5%14.2%35.8%0.0%0.0%7.6%-10.7%-19.4K509.6K-3.0K0.00109.58N/AN/A0428352
2014-09-25$38.05$0.0042.5%13.4%36.6%0.0%0.0%9.2%-7.9%-19.1K483.9K-2.9K0.00100.42N/AN/A0028351
2014-09-26$38.75$0.0036.2%14.3%37.3%0.0%0.0%44.0%11.5%-20.3K554.1K-2.9K0.00100.34N/AN/A0028351
2014-09-29$39.95$0.0038.3%13.1%39.0%0.0%0.0%19.8%-3.1%-22.0K490.4K-2.9K0.00102.72N/AN/A0028351
2014-09-30$40.10$0.0040.9%13.8%39.1%0.0%0.0%0.1%-9.5%-16.9K459.3K-2.9K0.00108.79N/AN/A0028351