HIVE Options History — August 2015

In August 2015, HIVE traded between $30.30 and $39.30. ATM implied volatility averaged 51.4%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 8.5% (HV 20d: 42.9%). Max pain ranged from $25.00 to $37.50. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2015-08-26: Highest Volume — 138 contracts
  • 2015-08-26: Largest IV spike — 53.9% change
  • 2015-08-26: Highest IV Rank — 36.2%
  • 2015-08-26: Largest Expected Move — 23.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.06$30.30$39.30$37.35$31.05
Max Pain$35.71$25.00$37.50$37.50$25.00
ATM IV51.4%41.6%81.5%52.7%62.1%
Expected Move14.8%12.9%23.4%15.1%17.8%
HV 20d42.9%38.2%53.8%41.6%51.8%
HV 60d42.1%39.9%47.6%39.9%47.6%
IV Rank12.2%4.3%36.2%13.2%20.7%
IV Percentile27.4%4.4%91.7%33.7%54.8%
Term Structure1.0%-27.1%12.9%9.9%-27.1%
VWIV52.2%43.0%105.4%52.7%49.3%
Skew 25d8.2%-24.7%46.5%13.1%-24.7%
Skew 10d19.8%-40.0%95.0%22.8%-25.5%
Call IV 25d55.6%42.6%84.7%61.4%74.9%
Put IV 25d63.8%47.9%100.5%74.5%50.3%
Bid-Ask Spread %79.0622.95109.83100.73101.50
Gamma HHI0.840.450.970.930.72
Net GEX-39.6K-137.6K7.5K-32.3K4.6K
Net DEX87.7K-279.6K915.5K198.2K-164.9K
Net VEX-1.5K-2.2K-574-2.2K-803
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.001.710.001.71
Total Volume67.52401383122
Total OI498.143237613558319

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-08-03$37.35$37.5052.7%15.1%41.6%13.2%52.7%13.1%9.9%-32.3K198.2K-2.2K0.00100.73N/AN/A30196362
2015-08-04$37.30$37.5055.3%15.8%41.2%15.3%55.4%-9.4%-5.4%-31.7K277.8K-2.1K1.07100.13N/AN/A1314196362
2015-08-05$39.05$37.5045.4%13.0%42.4%7.3%43.0%39.7%9.9%-48.4K-15.4K-1.9K0.9133.77N/AN/A1614196362
2015-08-06$37.75$37.5047.1%13.1%44.8%8.7%45.8%9.7%-0.3%-42.1K180.9K-2.1K0.34100.20N/AN/A4214205362
2015-08-07$37.95$37.5049.3%14.0%43.2%10.5%48.9%5.7%-1.9%-37.0K190.3K-2.0K0.26103.89N/AN/A5514199362
2015-08-10$37.70$37.5041.6%14.2%40.5%4.3%49.3%46.5%-0.7%-65.5K213.4K-2.0K0.26102.00N/AN/A5514219362
2015-08-11$37.10$37.5049.6%14.5%39.6%10.7%0.0%5.8%-4.1%-46.3K271.8K-2.0K0.0086.02N/AN/A00219362
2015-08-12$37.40$37.5046.9%13.5%38.3%8.6%46.9%-23.9%-0.3%-52.6K251.6K-2.0K0.26106.57N/AN/A5514219362
2015-08-13$37.65$37.5045.1%12.9%38.2%7.1%45.1%8.3%6.7%-73.9K129.1K-1.9K0.2122.95N/AN/A6914219363
2015-08-14$38.25$37.5045.0%12.9%38.4%7.1%45.0%36.0%4.7%-137.6K-18.6K-1.7K0.1928.18N/AN/A7714239363
2015-08-17$39.30$37.5046.1%13.2%39.0%7.9%45.7%28.7%2.3%-47.4K-216.1K-1.6K0.1626.82N/AN/A7713249363
2015-08-18$37.90$37.5047.2%13.5%41.2%8.8%47.5%7.3%-0.2%-105.3K20.8K-1.6K0.16103.09N/AN/A7713249363
2015-08-19$37.45$37.5049.4%14.2%40.0%10.6%0.0%13.2%-0.1%-81.7K201.9K-1.5K0.00106.07N/AN/A00249363
2015-08-20$36.75$37.5047.3%13.6%40.2%8.9%47.5%8.5%2.6%-67.2K386.8K-1.4K0.19109.83N/AN/A5711249363
2015-08-21$36.20$37.5048.3%13.8%40.3%9.6%47.8%8.3%-0.8%7.5K915.5K-1.1K0.19106.14N/AN/A5811249364
2015-08-24$34.50$37.5053.2%15.2%39.8%13.6%57.8%11.1%-4.7%6.6K-279.6K-1.1K0.2889.64N/AN/A361021423
2015-08-25$33.65$37.5052.9%15.2%40.1%13.4%60.5%-9.1%-2.7%6.1K-266.2K-1.1K0.2434.01N/AN/A421021523
2015-08-26$30.30$37.5081.5%23.4%53.6%36.2%105.4%15.8%12.9%4.1K-127.3K-5741.2692.09N/AN/A617722423
2015-08-27$30.95$25.0063.2%18.1%53.8%21.6%50.8%-9.5%11.7%3.6K-132.6K-7421.6462.41N/AN/A477722390
2015-08-28$31.65$25.0050.6%14.5%52.5%11.5%47.8%-8.5%9.3%4.4K-175.5K-8881.7144.13N/AN/A457723087
2015-08-31$31.05$25.0062.1%17.8%51.8%20.7%49.3%-24.7%-27.1%4.6K-164.9K-8031.71101.50N/AN/A457723287