HIVE Options History — October 2017

In October 2017, HIVE traded between $19.05 and $20.65. ATM implied volatility averaged 59.5%, placing in the 19.2% IV rank vs the trailing year. The 30-day expected move averaged 15.8%. IV traded above realized volatility by 25.0% (HV 20d: 34.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.50.

Notable Days

2017-10-16: Highest Volume — 305 contracts
2017-10-27: Largest IV spike — 78.9% change
2017-10-30: Highest IV Rank — 37.0%
2017-10-30: Largest Expected Move — 25.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.03	$19.05	$20.65	$20.40	$19.85
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	59.5%	38.2%	88.3%	56.2%	67.6%
Expected Move	15.8%	9.2%	25.3%	16.1%	19.4%
HV 20d	34.5%	25.3%	42.1%	40.3%	38.1%
HV 60d	81.8%	37.4%	89.9%	88.0%	37.4%
IV Rank	19.2%	6.0%	37.0%	17.1%	24.2%
IV Percentile	60.4%	11.9%	90.1%	61.9%	79.4%
Term Structure	-3.6%	-23.1%	15.4%	-8.4%	6.3%
VWIV	59.6%	36.0%	96.3%	72.5%	60.1%
Bid-Ask Spread %	78.00	20.52	116.31	82.26	109.95
Gamma HHI	0.88	0.81	0.93	0.86	0.92
Net GEX	3.8K	2.0K	5.7K	2.3K	5.6K
Net DEX	-66.7K	-260.5K	59.0K	50.5K	-248.8K
Net VEX	-1.1K	-1.7K	-566	-566	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.50	0.31	4.98	1.39	3.16
Total Volume	117.091	49	305	117	53
Total OI	450.909	354	614	428	399

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
2017-10-02	$20.40	$25.00	56.2%	16.1%	40.3%	17.1%	72.5%	0.0%	-8.4%	2.3K	50.5K	-566	1.39	82.26	N/A	N/A	49	68	295	133
2017-10-03	$20.30	$25.00	60.9%	17.5%	40.4%	20.1%	79.9%	0.0%	-9.5%	2.1K	52.2K	-589	1.38	57.51	N/A	N/A	49	68	295	133
2017-10-04	$19.80	$25.00	63.3%	18.2%	42.1%	21.6%	0.0%	0.0%	-11.6%	2.0K	51.4K	-572	1.47	81.11	N/A	N/A	49	72	295	133
2017-10-05	$20.55	$25.00	42.7%	10.1%	40.8%	8.8%	44.1%	0.0%	5.5%	2.4K	59.0K	-572	1.70	27.22	N/A	N/A	43	72	295	137
2017-10-06	$20.25	$25.00	62.5%	9.8%	41.2%	21.0%	41.9%	0.0%	7.6%	2.2K	56.6K	-587	1.70	22.47	N/A	N/A	43	72	297	137
2017-10-09	$20.55	$25.00	57.3%	9.8%	38.8%	17.9%	40.0%	0.0%	10.7%	2.1K	55.8K	-585	1.62	20.52	N/A	N/A	45	72	297	137
2017-10-10	$20.65	$25.00	67.3%	9.2%	36.6%	24.1%	36.0%	0.0%	8.8%	2.5K	47.1K	-624	1.50	22.78	N/A	N/A	48	72	301	137
2017-10-11	$20.55	$25.00	38.2%	10.9%	29.1%	6.0%	47.9%	0.0%	15.4%	2.3K	42.6K	-647	1.18	71.87	N/A	N/A	61	72	301	137
2017-10-12	$20.60	$25.00	38.9%	11.2%	26.0%	6.5%	42.4%	0.0%	2.7%	2.8K	38.4K	-666	1.18	67.59	N/A	N/A	61	72	316	137
2017-10-13	$20.30	$25.00	40.8%	11.7%	25.3%	7.7%	44.9%	0.0%	-0.3%	2.7K	45.1K	-639	1.18	65.28	N/A	N/A	61	72	316	137
2017-10-16	$19.65	$25.00	48.4%	13.9%	28.4%	12.3%	54.1%	0.0%	9.0%	2.0K	35.2K	-695	0.31	92.58	N/A	N/A	233	72	316	137
2017-10-17	$19.90	$25.00	60.0%	17.2%	28.6%	19.5%	61.6%	0.0%	-16.5%	5.7K	-94.7K	-1.6K	1.08	78.87	N/A	N/A	67	72	477	137
2017-10-18	$20.50	$25.00	57.6%	16.5%	30.2%	18.0%	57.2%	0.0%	-14.4%	5.6K	-90.0K	-1.5K	0.99	113.03	N/A	N/A	67	66	467	137
2017-10-19	$19.95	$25.00	52.8%	15.1%	31.5%	15.1%	62.7%	0.0%	5.0%	4.8K	-101.7K	-1.6K	0.99	71.85	N/A	N/A	67	66	467	137
2017-10-20	$19.90	$25.00	59.5%	17.0%	31.5%	19.2%	59.2%	0.0%	-20.9%	5.0K	-121.4K	-1.5K	1.23	96.15	N/A	N/A	54	66	467	121
2017-10-23	$20.05	$25.00	60.3%	17.3%	31.5%	19.7%	53.3%	0.0%	-18.7%	5.5K	-222.0K	-1.5K	2.60	109.89	N/A	N/A	17	44	307	47
2017-10-24	$19.10	$25.00	81.7%	23.4%	35.6%	32.9%	84.3%	0.0%	-10.5%	4.7K	-191.6K	-1.4K	0.90	115.94	N/A	N/A	49	44	307	47
2017-10-25	$19.05	$25.00	71.1%	20.4%	32.0%	26.4%	96.3%	0.0%	-14.1%	4.9K	-225.2K	-1.7K	0.83	113.88	N/A	N/A	49	41	349	47
2017-10-26	$19.90	$25.00	47.6%	13.7%	36.2%	11.9%	46.0%	0.0%	8.5%	4.9K	-260.5K	-1.7K	0.83	68.17	N/A	N/A	49	41	349	47
2017-10-27	$19.40	$25.00	85.2%	24.4%	37.2%	35.1%	83.9%	0.0%	-10.9%	4.9K	-219.4K	-1.6K	0.85	110.81	N/A	N/A	48	41	349	47
2017-10-30	$19.45	$25.00	88.3%	25.3%	37.2%	37.0%	83.6%	0.0%	-23.1%	5.4K	-225.7K	-1.6K	4.98	116.31	N/A	N/A	8	41	349	47
2017-10-31	$19.85	$25.00	67.6%	19.4%	38.1%	24.2%	60.1%	0.0%	6.3%	5.6K	-248.8K	-1.7K	3.16	109.95	N/A	N/A	13	40	352	47