HIVE Options History — May 2017

In May 2017, HIVE traded between $18.55 and $24.65. ATM implied volatility averaged 54.7%, placing in the 19.7% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 9.7% (HV 20d: 45.0%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.20.

Notable Days

2017-05-25: Highest Volume — 126 contracts
2017-05-03: Largest IV spike — 60.2% change
2017-05-03: Highest IV Rank — 88.5%
2017-05-03: Largest Expected Move — 40.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.68	$18.55	$24.65	$19.10	$23.75
Max Pain	$21.25	$12.50	$25.00	$12.50	$25.00
ATM IV	54.7%	28.5%	142.3%	68.1%	43.2%
Expected Move	14.4%	8.2%	40.8%	19.5%	12.4%
HV 20d	45.0%	27.8%	55.1%	27.8%	55.1%
HV 60d	36.5%	31.0%	39.5%	31.1%	39.1%
IV Rank	19.7%	0.0%	88.5%	29.7%	11.5%
IV Percentile	41.6%	0.0%	98.8%	84.1%	24.2%
Term Structure	-1.8%	-58.6%	27.4%	-22.9%	-2.9%
VWIV	35.6%	25.5%	44.2%	30.6%	43.9%
Bid-Ask Spread %	65.82	29.62	116.75	70.24	44.44
Gamma HHI	0.63	0.39	0.93	0.58	0.91
Net GEX	1.1K	-177	6.3K	-150	5.2K
Net DEX	-32.3K	-179.3K	20.8K	20.8K	-168.8K
Net VEX	-484	-1.2K	-238	-238	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.03	0.30	0.18	0.03
Total Volume	56.045	39	126	60	64
Total OI	199.909	128	261	186	260

Daily Data (22 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
2017-05-01	$19.10	$12.50	68.1%	19.5%	27.8%	29.7%	0.0%	0.0%	-22.9%	-150	20.8K	-238	0.18	70.24	N/A	N/A	51	9	151	35
2017-05-02	$19.15	$12.50	88.8%	25.5%	27.9%	46.2%	0.0%	0.0%	-31.6%	-177	17.5K	-259	0.17	116.75	N/A	N/A	52	9	151	35
2017-05-03	$18.55	$12.50	142.3%	40.8%	28.3%	88.5%	0.0%	0.0%	-58.6%	-99	7.1K	-288	0.30	98.85	N/A	N/A	30	9	151	35
2017-05-04	$20.50	$0.00	72.0%	13.7%	44.5%	32.9%	0.0%	0.0%	10.9%	18	1.1K	-351	0.30	38.90	N/A	N/A	30	9	165	35
2017-05-05	$20.50	$0.00	61.4%	10.9%	44.3%	24.5%	0.0%	0.0%	-4.3%	7	9.1K	-310	0.30	33.13	N/A	N/A	30	9	165	35
2017-05-08	$20.05	$0.00	62.5%	12.3%	45.1%	25.4%	0.0%	0.0%	-5.4%	34	8.0K	-306	0.30	31.10	N/A	N/A	30	9	165	35
2017-05-09	$20.10	$0.00	82.9%	14.9%	44.9%	41.5%	0.0%	0.0%	27.4%	85	1.7K	-338	0.30	36.24	N/A	N/A	30	9	165	35
2017-05-10	$20.65	$0.00	43.9%	12.6%	45.9%	10.7%	0.0%	0.0%	-5.3%	39	2.3K	-351	0.30	33.48	N/A	N/A	30	9	167	35
2017-05-11	$21.05	$0.00	40.9%	11.7%	45.8%	8.3%	0.0%	0.0%	11.2%	37	-2.1K	-362	0.29	29.62	N/A	N/A	31	9	167	35
2017-05-12	$21.30	$0.00	42.4%	12.2%	45.8%	9.5%	0.0%	0.0%	18.2%	351	-15.8K	-415	0.23	104.96	N/A	N/A	39	9	178	35
2017-05-15	$21.50	$0.00	47.0%	13.5%	45.8%	13.1%	0.0%	0.0%	-10.2%	382	-11.1K	-392	0.23	67.95	N/A	N/A	39	9	179	35
2017-05-16	$21.45	$0.00	64.2%	18.4%	44.5%	26.7%	0.0%	0.0%	-15.5%	378	-19.5K	-417	0.23	91.45	N/A	N/A	39	9	179	35
2017-05-17	$21.30	$0.00	45.8%	13.1%	44.6%	12.1%	0.0%	0.0%	9.6%	376	-10.7K	-389	0.23	84.74	N/A	N/A	39	9	179	35
2017-05-18	$22.45	$0.00	47.9%	13.7%	47.5%	13.8%	0.0%	0.0%	10.4%	397	-14.9K	-414	0.23	82.56	N/A	N/A	39	9	177	35
2017-05-19	$22.80	$0.00	28.5%	8.2%	47.5%	0.0%	30.6%	0.0%	0.9%	490	-17.9K	-420	0.15	100.04	N/A	N/A	59	9	177	35
2017-05-22	$23.70	$25.00	30.3%	8.7%	48.4%	1.4%	25.5%	0.0%	12.4%	1.2K	-37.5K	-474	0.13	36.16	N/A	N/A	71	9	93	35
2017-05-23	$23.10	$25.00	35.2%	10.1%	49.4%	5.2%	38.2%	0.0%	0.5%	1.5K	-34.4K	-506	0.17	73.53	N/A	N/A	54	9	116	35
2017-05-24	$23.00	$25.00	37.8%	10.8%	47.9%	7.2%	26.0%	0.0%	12.3%	1.6K	-31.0K	-493	0.17	81.10	N/A	N/A	54	9	120	35
2017-05-25	$24.65	$25.00	40.0%	11.5%	52.6%	9.0%	40.1%	0.0%	6.2%	1.7K	-79.7K	-557	0.04	45.61	N/A	N/A	121	5	120	35
2017-05-26	$23.90	$25.00	43.1%	12.3%	53.6%	11.4%	44.2%	0.0%	-1.1%	4.5K	-156.3K	-1.1K	0.08	94.41	N/A	N/A	67	5	208	39
2017-05-30	$24.45	$25.00	35.7%	10.2%	53.1%	5.6%	36.0%	0.0%	-2.6%	6.3K	-179.3K	-1.2K	0.03	52.69	N/A	N/A	60	2	222	39
2017-05-31	$23.75	$25.00	43.2%	12.4%	55.1%	11.5%	43.9%	0.0%	-2.9%	5.2K	-168.8K	-1.1K	0.03	44.44	N/A	N/A	62	2	221	39