HIVE Options History — April 2017

In April 2017, HIVE traded between $18.70 and $21.20. ATM implied volatility averaged 68.3%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 44.2% (HV 20d: 24.1%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.17.

Notable Days

2017-04-18: Highest Volume — 77 contracts
2017-04-25: Largest IV spike — 73.0% change
2017-04-25: Highest IV Rank — 61.4%
2017-04-25: Largest Expected Move — 31.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.62	$18.70	$21.20	$21.20	$19.30
Max Pain	$15.13	$12.50	$25.00	$25.00	$12.50
ATM IV	68.3%	37.7%	108.1%	61.9%	60.5%
Expected Move	17.3%	10.8%	31.0%	17.8%	17.4%
HV 20d	24.1%	21.2%	27.9%	24.1%	27.8%
HV 60d	31.3%	30.4%	32.2%	30.4%	31.7%
IV Rank	29.9%	5.7%	61.4%	24.9%	23.8%
IV Percentile	74.8%	5.6%	98.4%	75.8%	70.6%
Term Structure	-11.5%	-33.4%	14.6%	4.4%	-2.7%
VWIV	61.2%	34.4%	125.4%	51.4%	67.1%
Skew 25d	-0.3%	-65.1%	51.0%	51.0%	-25.9%
Skew 10d	-12.0%	-64.6%	32.5%	32.5%	-48.3%
Call IV 25d	108.5%	47.7%	168.7%	47.7%	157.9%
Put IV 25d	108.2%	98.7%	132.0%	98.7%	132.0%
Bid-Ask Spread %	50.43	11.42	103.20	22.15	98.59
Gamma HHI	0.79	0.55	0.99	0.99	0.61
Net GEX	1.6K	-225	8.3K	8.2K	-189
Net DEX	6.4K	-88.3K	31.9K	-88.3K	13.4K
Net VEX	-344	-674	-130	-674	-277
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.17	0.14	0.31	0.31	0.15
Total Volume	67.684	41	77	41	68
Total OI	329.105	184	396	332	186

Daily Data (19 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
2017-04-03	$21.20	$25.00	61.9%	17.8%	24.1%	24.9%	51.4%	51.0%	4.4%	8.2K	-88.3K	-674	0.31	22.15	N/A	N/A	31	10	294	38
2017-04-04	$20.60	$25.00	64.4%	18.5%	23.2%	26.9%	56.5%	38.8%	-8.8%	8.3K	-65.6K	-636	0.19	24.35	N/A	N/A	51	10	334	38
2017-04-05	$19.80	$25.00	59.5%	17.1%	26.2%	23.0%	0.0%	-65.1%	2.3%	2.3K	-21.8K	-476	0.19	20.13	N/A	N/A	52	10	334	38
2017-04-06	$20.05	$25.00	73.3%	16.2%	26.4%	33.9%	63.6%	0.0%	-19.1%	2.0K	-7.8K	-425	0.17	21.84	N/A	N/A	56	10	335	38
2017-04-07	$20.15	$12.50	72.2%	13.4%	26.4%	33.0%	34.4%	-25.9%	11.4%	2.3K	2.2K	-424	0.17	28.36	N/A	N/A	56	10	341	38
2017-04-10	$19.95	$12.50	101.0%	11.2%	26.5%	55.8%	43.4%	0.0%	-9.7%	1.9K	19.9K	-347	0.17	25.45	N/A	N/A	56	10	341	38
2017-04-11	$19.90	$12.50	100.0%	15.5%	23.6%	55.0%	44.1%	0.0%	-13.5%	2.1K	2.9K	-411	0.17	27.73	N/A	N/A	56	10	341	38
2017-04-12	$19.60	$12.50	37.7%	10.8%	22.3%	5.7%	40.1%	0.0%	-7.9%	1.3K	29.7K	-287	0.16	31.47	N/A	N/A	60	10	341	38
2017-04-13	$19.50	$12.50	44.4%	12.7%	22.1%	11.1%	47.8%	0.0%	-15.3%	1.7K	24.2K	-329	0.16	29.52	N/A	N/A	60	10	350	38
2017-04-17	$19.60	$12.50	47.8%	13.7%	21.6%	13.7%	49.7%	0.0%	-17.1%	2.0K	14.1K	-368	0.16	11.42	N/A	N/A	60	10	350	38
2017-04-18	$19.10	$12.50	62.2%	17.8%	22.9%	25.1%	54.4%	0.0%	-23.1%	325	28.3K	-256	0.14	27.53	N/A	N/A	67	10	358	38
2017-04-19	$19.05	$12.50	66.1%	19.0%	22.6%	28.2%	55.9%	0.0%	-20.0%	47	29.8K	-241	0.14	68.57	N/A	N/A	67	10	358	38
2017-04-20	$19.00	$12.50	70.6%	20.2%	22.1%	31.7%	64.8%	0.0%	-28.1%	-225	28.2K	-227	0.14	103.20	N/A	N/A	67	10	358	38
2017-04-21	$19.00	$12.50	68.2%	19.5%	22.0%	29.8%	58.4%	0.0%	-25.8%	-167	29.0K	-243	0.14	70.35	N/A	N/A	67	10	358	38
2017-04-24	$18.95	$12.50	62.5%	17.9%	22.0%	25.3%	124.5%	0.0%	14.6%	-152	21.6K	-243	0.15	76.19	N/A	N/A	59	9	149	35
2017-04-25	$18.70	$12.50	108.1%	31.0%	21.2%	61.4%	125.4%	0.0%	-33.4%	-102	31.9K	-130	0.15	71.48	N/A	N/A	59	9	151	35
2017-04-26	$19.55	$12.50	67.4%	19.3%	27.6%	29.2%	59.4%	0.0%	-14.4%	-201	16.8K	-265	0.15	99.83	N/A	N/A	59	9	151	35
2017-04-27	$19.70	$12.50	70.2%	20.1%	27.9%	31.4%	67.1%	0.0%	-13.0%	-216	12.7K	-277	0.15	100.08	N/A	N/A	59	9	151	35
2017-04-28	$19.30	$12.50	60.5%	17.4%	27.8%	23.8%	0.0%	0.0%	-2.7%	-189	13.4K	-277	0.15	98.59	N/A	N/A	59	9	151	35