HIVE Options History — August 2016

In August 2016, HIVE traded between $33.15 and $36.45. ATM implied volatility averaged 47.1%, placing in the 6.9% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 17.3% (HV 20d: 29.7%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.55.

Notable Days

2016-08-01: Highest Volume — 134 contracts
2016-08-04: Largest IV drop — 21.3% change
2016-08-03: Highest IV Rank — 22.1%
2016-08-03: Largest Expected Move — 19.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$34.43	$33.15	$36.45	$36.45	$33.35
Max Pain	$37.50	$37.50	$37.50	$37.50	$37.50
ATM IV	47.1%	36.8%	66.8%	55.8%	46.8%
Expected Move	13.3%	10.5%	19.1%	16.0%	13.4%
HV 20d	29.7%	21.3%	32.6%	23.3%	31.9%
HV 60d	30.5%	27.5%	31.9%	27.5%	31.0%
IV Rank	6.9%	0.0%	22.1%	13.5%	7.8%
IV Percentile	17.4%	0.0%	77.0%	41.3%	13.9%
Term Structure	3.2%	-10.4%	21.4%	-1.7%	13.1%
VWIV	47.4%	36.8%	66.9%	56.1%	46.8%
Skew 25d	7.8%	-3.8%	27.3%	3.8%	-2.1%
Skew 10d	11.6%	2.3%	29.0%	4.9%	20.1%
Call IV 25d	50.9%	37.3%	58.9%	50.6%	58.9%
Put IV 25d	58.7%	53.0%	66.3%	54.4%	56.8%
Bid-Ask Spread %	104.00	86.83	112.56	101.13	100.86
Gamma HHI	0.96	0.92	0.99	0.99	0.93
Net GEX	10.8K	3.5K	25.3K	17.4K	3.5K
Net DEX	-201.2K	-387.8K	-103.1K	-363.0K	-111.9K
Net VEX	-901	-1.3K	-664	-1.2K	-664
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.00	1.10	0.14	1.06
Total Volume	69.13	0	134	134	35
Total OI	244.87	122	328	238	122

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2016-08-01	$36.45	$37.50	55.8%	16.0%	23.3%	13.5%	56.1%	0.0%	-1.7%	17.4K	-363.0K	-1.2K	0.14	101.13	N/A	N/A	118	16	218	20
2016-08-02	$35.75	$37.50	59.5%	17.1%	21.3%	16.4%	66.6%	0.0%	-7.7%	15.1K	-387.8K	-1.2K	0.92	106.00	N/A	N/A	18	16	225	20
2016-08-03	$36.35	$37.50	66.8%	19.1%	21.8%	22.1%	66.9%	0.0%	-10.4%	15.4K	-370.0K	-1.2K	0.17	86.83	N/A	N/A	96	16	226	20
2016-08-04	$35.00	$37.50	52.5%	14.1%	25.9%	10.9%	49.0%	3.8%	4.2%	22.9K	-371.2K	-1.3K	0.19	99.98	N/A	N/A	96	18	306	20
2016-08-05	$34.00	$37.50	59.2%	12.0%	23.7%	16.1%	41.8%	0.0%	-1.6%	21.4K	-358.4K	-1.3K	0.19	102.02	N/A	N/A	96	18	306	22
2016-08-08	$33.15	$37.50	49.1%	14.2%	25.0%	8.2%	49.7%	-3.8%	-5.5%	17.4K	-210.7K	-1.0K	0.19	101.18	N/A	N/A	96	18	306	22
2016-08-09	$34.80	$37.50	49.6%	15.3%	30.9%	8.6%	53.5%	5.1%	-4.0%	25.3K	-306.9K	-1.1K	0.19	108.10	N/A	N/A	96	18	306	22
2016-08-10	$33.85	$37.50	43.1%	12.4%	32.4%	3.5%	43.2%	0.4%	-0.5%	20.8K	-239.2K	-1.0K	0.19	100.88	N/A	N/A	96	18	306	22
2016-08-11	$34.25	$37.50	47.5%	13.6%	32.6%	7.0%	47.5%	6.1%	0.2%	22.4K	-275.9K	-1.1K	0.19	104.48	N/A	N/A	96	18	306	22
2016-08-12	$34.30	$37.50	39.7%	11.4%	32.6%	0.8%	39.7%	5.3%	6.3%	22.8K	-273.8K	-1.1K	0.19	99.24	N/A	N/A	96	18	306	22
2016-08-15	$33.90	$37.50	42.6%	12.2%	32.4%	3.1%	42.6%	5.3%	1.6%	3.5K	-120.0K	-743	0.19	104.54	N/A	N/A	96	18	305	22
2016-08-16	$33.95	$37.50	41.1%	11.8%	32.2%	1.9%	41.1%	7.7%	0.1%	3.6K	-104.8K	-723	0.19	98.89	N/A	N/A	96	18	305	22
2016-08-17	$33.85	$37.50	43.9%	12.6%	32.2%	4.1%	0.0%	0.0%	-2.1%	3.6K	-106.0K	-725	0.00	103.10	N/A	N/A	0	0	305	22
2016-08-18	$34.15	$37.50	44.5%	12.8%	32.2%	4.6%	0.0%	6.6%	-2.6%	3.6K	-106.5K	-709	0.00	104.16	N/A	N/A	2	0	305	22
2016-08-19	$34.20	$37.50	47.3%	13.6%	31.5%	6.8%	47.3%	5.5%	-2.8%	3.7K	-108.3K	-708	0.98	101.11	N/A	N/A	19	18	303	22
2016-08-22	$33.90	$37.50	51.6%	14.8%	30.8%	10.2%	51.6%	1.7%	-3.9%	3.5K	-103.1K	-689	1.10	104.91	N/A	N/A	17	18	100	22
2016-08-23	$34.70	$37.50	41.2%	11.8%	31.9%	2.0%	41.2%	25.8%	17.5%	3.9K	-106.5K	-682	1.10	112.18	N/A	N/A	17	18	100	22
2016-08-24	$34.50	$37.50	38.1%	10.9%	31.9%	0.0%	0.0%	6.9%	21.4%	3.5K	-130.3K	-717	0.00	111.96	N/A	N/A	0	0	100	22
2016-08-25	$34.40	$37.50	36.8%	10.5%	31.7%	0.0%	36.8%	9.9%	12.4%	3.9K	-114.9K	-690	1.10	111.15	N/A	N/A	17	18	100	22
2016-08-26	$34.70	$37.50	42.1%	12.1%	31.9%	4.2%	42.1%	27.3%	13.7%	3.9K	-115.9K	-693	1.10	110.71	N/A	N/A	17	18	100	22
2016-08-29	$34.25	$37.50	37.9%	10.9%	32.1%	0.9%	37.9%	23.9%	7.2%	4.0K	-112.8K	-672	1.10	105.96	N/A	N/A	17	18	100	22
2016-08-30	$34.25	$37.50	45.8%	13.1%	31.5%	7.0%	45.8%	5.4%	19.6%	3.6K	-128.9K	-687	1.06	112.56	N/A	N/A	17	18	100	22
2016-08-31	$33.35	$37.50	46.8%	13.4%	31.9%	7.8%	46.8%	-2.1%	13.1%	3.5K	-111.9K	-664	1.06	100.86	N/A	N/A	17	18	100	22