HIVE Options History — April 2015

In April 2015, HIVE traded between $21.90 and $31.25. ATM implied volatility averaged 69.5%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded above realized volatility by 29.8% (HV 20d: 39.6%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.24.

Notable Days

  • 2015-04-13: Highest Volume — 134 contracts
  • 2015-04-29: Largest IV spike — 34.8% change
  • 2015-04-06: Highest IV Rank — 35.7%
  • 2015-04-10: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.80$21.90$31.25$21.90$30.50
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV69.5%53.4%80.8%66.2%66.5%
Expected Move19.7%15.3%22.3%19.0%19.1%
HV 20d39.6%29.2%68.5%35.7%67.7%
HV 60d39.3%35.4%50.3%37.5%50.3%
IV Rank26.6%13.7%35.7%24.0%24.2%
IV Percentile73.3%32.5%92.1%68.1%65.7%
Term Structure-8.8%-22.5%9.0%-15.6%-15.0%
VWIV68.0%51.4%77.9%66.6%61.2%
Skew 25d55.9%54.9%56.8%56.8%54.9%
Skew 10d61.6%50.7%72.6%72.6%50.7%
Call IV 25d77.3%72.5%82.2%72.5%82.2%
Put IV 25d133.2%129.3%137.1%129.3%137.1%
Bid-Ask Spread %95.769.29117.12102.9093.02
Gamma HHI0.880.480.990.980.48
Net GEX8.7K3.2K34.2K3.9K4.8K
Net DEX-220.8K-413.7K-86.8K-108.4K-413.7K
Net VEX-548-1.1K-339-457-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.000.710.230.27
Total Volume72.714121348656
Total OI260.667136330279273

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-04-01$21.90$25.0066.2%19.0%35.7%24.0%66.6%56.8%-15.6%3.9K-108.4K-4570.23102.90N/AN/A701623247
2015-04-02$22.60$0.0070.5%20.8%37.4%27.5%0.0%54.9%-10.0%4.2K-124.5K-4710.23101.18N/AN/A701623247
2015-04-06$23.25$0.0080.8%18.1%38.3%35.7%0.0%0.0%-5.7%4.5K-147.9K-4400.23110.14N/AN/A701623247
2015-04-07$23.60$0.0075.7%21.0%38.0%31.6%73.6%0.0%-11.1%5.8K-142.1K-4300.1587.19N/AN/A1071623247
2015-04-08$24.10$25.0071.0%20.4%35.1%27.9%71.1%0.0%-10.3%10.8K-208.7K-5740.0089.56N/AN/A12028347
2015-04-09$24.75$25.0060.3%17.3%35.8%19.3%56.5%0.0%2.7%12.2K-238.9K-5370.21111.22N/AN/A771628347
2015-04-10$25.50$25.0077.9%22.3%36.4%33.4%77.9%0.0%-20.4%14.5K-298.2K-5430.1991.38N/AN/A841628347
2015-04-13$25.30$25.0069.3%19.9%32.1%26.5%69.3%0.0%-10.4%14.7K-261.1K-4890.1499.36N/AN/A1181627147
2015-04-14$25.00$25.0073.2%21.0%29.5%29.6%73.2%0.0%-15.4%17.4K-214.2K-4430.2498.63N/AN/A661626747
2015-04-15$24.85$25.0070.3%20.2%29.3%27.3%70.3%0.0%-11.8%16.9K-198.3K-4280.24105.97N/AN/A671626447
2015-04-16$25.15$25.0068.8%19.7%29.2%26.1%68.8%0.0%-6.0%34.2K-249.6K-4180.24110.28N/AN/A671626547
2015-04-17$24.55$25.0062.2%17.8%30.1%20.8%62.3%0.0%1.7%3.3K-86.8K-3680.24100.33N/AN/A671626547
2015-04-20$24.65$25.0072.1%20.7%30.0%28.7%72.3%0.0%-8.3%3.2K-118.0K-3470.71117.12N/AN/A1399838
2015-04-21$25.90$25.0071.0%20.3%32.4%27.8%71.0%0.0%-6.5%3.7K-135.8K-3390.3195.67N/AN/A2999838
2015-04-22$26.45$25.0067.4%19.3%32.1%25.0%67.4%0.0%-6.2%4.5K-185.8K-4540.29109.38N/AN/A31912238
2015-04-23$26.00$25.0070.3%20.2%30.6%27.3%70.5%0.0%-9.2%4.6K-173.4K-4710.26114.07N/AN/A34912838
2015-04-24$26.25$25.0075.2%21.6%30.5%31.2%75.2%0.0%-12.0%4.7K-188.8K-4630.1098.50N/AN/A941013138
2015-04-27$31.25$25.0065.0%18.6%65.7%23.0%51.4%0.0%-2.1%4.5K-382.5K-9690.2666.19N/AN/A471219738
2015-04-28$30.30$25.0053.4%15.3%67.9%13.7%58.6%0.0%9.0%4.8K-370.1K-8190.319.29N/AN/A441421141
2015-04-29$30.00$25.0072.0%20.6%68.5%28.6%74.3%0.0%-22.5%5.7K-389.5K-9460.2799.62N/AN/A441223143
2015-04-30$30.50$25.0066.5%19.1%67.7%24.2%61.2%0.0%-15.0%4.8K-413.7K-1.1K0.2793.02N/AN/A441223043