HIVE Options History — November 2017

In November 2017, HIVE traded between $20.35 and $27.05. ATM implied volatility averaged 52.0%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 16.0% (HV 20d: 36.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.34.

Notable Days

2017-11-29: Highest Volume — 168 contracts
2017-11-07: Largest IV spike — 48.1% change
2017-11-01: Highest IV Rank — 34.5%
2017-11-01: Largest Expected Move — 24.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.90	$20.35	$27.05	$20.35	$26.95
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	52.0%	33.5%	84.2%	84.2%	78.5%
Expected Move	14.8%	9.6%	24.1%	24.1%	22.5%
HV 20d	36.0%	25.6%	42.0%	38.0%	26.2%
HV 60d	36.8%	36.3%	38.4%	37.6%	36.4%
IV Rank	14.6%	3.1%	34.5%	34.5%	31.0%
IV Percentile	46.4%	3.6%	88.5%	88.5%	86.1%
Term Structure	-1.8%	-29.7%	10.4%	-29.7%	-3.1%
VWIV	51.0%	34.8%	70.8%	70.8%	65.2%
Bid-Ask Spread %	59.56	28.01	99.85	74.85	84.84
Gamma HHI	0.95	0.82	0.98	0.93	0.82
Net GEX	10.1K	5.5K	15.7K	6.0K	15.7K
Net DEX	-445.7K	-748.3K	-260.6K	-260.6K	-748.3K
Net VEX	-1.9K	-2.3K	-1.7K	-1.7K	-2.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.34	0.45	3.24	2.21	0.79
Total Volume	73.857	48	168	70	118
Total OI	432.381	405	545	405	545

Daily Data (21 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
2017-11-01	$20.35	$25.00	84.2%	24.1%	38.0%	34.5%	70.8%	0.0%	-29.7%	6.0K	-260.6K	-1.7K	2.21	74.85	N/A	N/A	22	48	357	48
2017-11-02	$20.75	$25.00	82.6%	17.4%	36.3%	33.5%	68.3%	0.0%	-12.9%	5.5K	-293.8K	-1.8K	2.71	99.85	N/A	N/A	18	48	359	55
2017-11-03	$21.00	$25.00	46.2%	16.0%	36.1%	11.0%	55.9%	0.0%	-7.6%	6.7K	-274.0K	-1.8K	2.40	35.71	N/A	N/A	17	41	363	55
2017-11-06	$22.35	$25.00	36.1%	15.1%	41.8%	4.7%	52.7%	0.0%	1.4%	7.0K	-317.8K	-1.9K	1.30	65.26	N/A	N/A	31	41	363	55
2017-11-07	$22.35	$25.00	53.4%	11.3%	41.8%	15.5%	43.6%	0.0%	10.4%	7.9K	-353.7K	-1.9K	1.73	45.82	N/A	N/A	24	41	384	55
2017-11-08	$22.35	$25.00	46.8%	13.4%	41.7%	11.4%	47.6%	0.0%	4.7%	8.0K	-341.1K	-1.9K	1.66	37.39	N/A	N/A	25	41	387	55
2017-11-09	$22.75	$25.00	49.1%	14.1%	42.0%	12.8%	51.3%	0.0%	2.2%	8.1K	-359.8K	-1.9K	3.24	80.31	N/A	N/A	13	41	388	55
2017-11-10	$23.35	$25.00	61.2%	17.6%	42.0%	20.3%	61.2%	0.0%	-7.0%	8.6K	-397.5K	-2.0K	1.46	66.28	N/A	N/A	28	41	388	55
2017-11-13	$22.75	$25.00	42.1%	12.1%	41.2%	8.4%	46.7%	0.0%	7.1%	8.8K	-344.8K	-1.8K	1.26	73.49	N/A	N/A	35	44	380	55
2017-11-14	$23.20	$25.00	46.2%	13.3%	41.4%	11.0%	46.3%	0.0%	0.8%	9.4K	-385.1K	-1.9K	2.17	47.52	N/A	N/A	20	44	379	55
2017-11-15	$23.60	$25.00	49.1%	14.1%	40.7%	12.8%	53.4%	0.0%	1.0%	8.8K	-429.3K	-1.9K	1.10	43.43	N/A	N/A	40	44	383	55
2017-11-16	$23.80	$25.00	46.5%	13.3%	38.7%	11.2%	46.5%	0.0%	-6.2%	11.5K	-401.7K	-1.8K	0.64	28.01	N/A	N/A	41	26	363	55
2017-11-17	$24.45	$25.00	39.3%	11.3%	39.0%	6.7%	39.1%	0.0%	6.4%	11.1K	-427.6K	-1.9K	0.63	47.59	N/A	N/A	42	26	365	57
2017-11-20	$24.90	$25.00	33.5%	9.6%	39.0%	3.1%	34.8%	0.0%	10.2%	13.5K	-495.3K	-1.9K	0.70	76.60	N/A	N/A	32	22	367	45
2017-11-21	$25.20	$25.00	41.3%	11.8%	32.1%	7.9%	41.3%	0.0%	2.1%	12.9K	-510.2K	-1.9K	0.87	67.21	N/A	N/A	26	22	374	45
2017-11-22	$25.60	$25.00	47.9%	13.7%	31.5%	12.1%	54.0%	0.0%	-4.5%	12.1K	-542.1K	-1.9K	0.64	31.62	N/A	N/A	35	22	372	45
2017-11-24	$25.95	$25.00	49.1%	14.1%	29.6%	12.8%	48.4%	0.0%	-5.6%	13.3K	-557.9K	-1.8K	0.71	74.88	N/A	N/A	31	22	361	45
2017-11-27	$26.45	$25.00	48.4%	13.9%	25.9%	12.3%	46.2%	0.0%	-0.9%	12.7K	-602.7K	-1.8K	0.47	46.35	N/A	N/A	47	22	367	45
2017-11-28	$26.65	$25.00	45.7%	13.1%	25.6%	10.7%	47.6%	0.0%	4.4%	13.6K	-646.6K	-1.8K	1.04	76.23	N/A	N/A	50	52	384	45
2017-11-29	$27.05	$25.00	64.7%	18.6%	25.6%	22.4%	65.2%	0.0%	-10.8%	11.9K	-670.0K	-1.9K	0.45	47.48	N/A	N/A	116	52	396	75
2017-11-30	$26.95	$25.00	78.5%	22.5%	26.2%	31.0%	0.0%	0.0%	-3.1%	15.7K	-748.3K	-2.3K	0.79	84.84	N/A	N/A	66	52	470	75