HIVE Options History — January 2018

In January 2018, HIVE traded between $20.30 and $29.75. ATM implied volatility averaged 84.5%, placing in the 34.7% IV rank vs the trailing year. The 30-day expected move averaged 25.9%. IV traded above realized volatility by 2.2% (HV 20d: 82.3%). Max pain ranged from $25.00 to $37.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.52.

Notable Days

  • 2018-01-17: Highest Volume — 306 contracts
  • 2018-01-10: Largest IV spike — 56.5% change
  • 2018-01-25: Highest IV Rank — 51.9%
  • 2018-01-25: Largest Expected Move — 32.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.88$20.30$29.75$29.75$20.55
Max Pain$26.19$25.00$37.50$37.50$25.00
ATM IV84.5%42.5%112.3%65.0%108.0%
Expected Move25.9%14.2%32.2%18.6%31.0%
HV 20d82.3%35.5%123.9%41.7%122.3%
HV 60d58.1%35.5%79.0%35.9%77.9%
IV Rank34.7%8.7%51.9%22.6%49.2%
IV Percentile78.8%23.8%94.4%74.2%92.5%
Term Structure-8.8%-27.9%32.9%32.9%-12.0%
VWIV93.4%50.3%136.8%59.4%109.2%
Bid-Ask Spread %35.358.9271.108.9268.53
Gamma HHI0.520.490.600.490.59
Net GEX12.8K6.1K20.5K18.8K6.3K
Net DEX-546.0K-945.6K41.0K-929.0K-237.3K
Net VEX-2.9K-3.7K-2.0K-3.7K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.191.260.680.70
Total Volume119.524443064480
Total OI1,015.3817971,2261,010809

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-01-02$29.75$37.5065.0%18.6%41.7%22.6%59.4%0.0%32.9%18.8K-929.0K-3.7K0.688.92N/AN/A2618824186
2018-01-03$29.70$37.5049.5%14.2%38.6%13.0%50.3%0.0%29.2%17.4K-878.7K-3.4K0.2217.90N/AN/A9120822188
2018-01-04$29.70$25.0042.5%22.9%38.6%8.7%75.8%0.0%-8.0%18.3K-905.6K-3.4K0.5626.27N/AN/A10258873190
2018-01-05$29.10$25.0050.9%23.4%37.2%13.9%77.6%0.0%-13.1%19.1K-851.0K-3.7K0.8525.51N/AN/A6858917230
2018-01-08$29.20$25.0051.8%23.2%37.0%14.5%78.8%0.0%-12.0%18.9K-843.0K-3.5K0.2423.25N/AN/A8220915230
2018-01-09$28.60$25.0051.8%22.3%38.0%14.5%74.0%0.0%-9.5%18.8K-772.4K-3.4K0.1953.47N/AN/A11222907232
2018-01-10$28.85$25.0081.1%23.2%37.9%32.5%75.8%0.0%-10.9%20.5K-839.7K-3.7K0.1928.46N/AN/A11422945236
2018-01-11$29.65$25.0079.2%22.7%38.9%31.4%74.0%0.0%-6.8%19.8K-926.0K-3.7K0.3724.91N/AN/A6022943236
2018-01-12$29.50$25.0085.4%24.5%36.4%35.2%78.5%0.0%-14.1%20.2K-945.6K-3.7K0.4626.89N/AN/A4722954236
2018-01-16$28.50$25.0083.6%24.0%35.5%34.1%83.8%0.0%-13.9%18.3K-828.5K-3.5K0.5128.96N/AN/A14976951234
2018-01-17$20.35$25.00101.6%29.1%123.9%45.3%102.7%0.0%-23.4%6.1K41.0K-2.3K0.4646.15N/AN/A20997934292
2018-01-18$20.30$25.00109.1%31.3%121.2%49.9%110.6%0.0%-27.9%6.4K-31.3K-2.2K1.2625.88N/AN/A6177909247
2018-01-19$20.90$25.0099.9%28.6%122.5%44.2%125.2%0.0%-17.4%8.1K-145.0K-2.4K0.4427.64N/AN/A8839935217
2018-01-22$20.75$25.00104.0%29.8%122.6%46.8%107.1%0.0%-25.9%7.2K-298.9K-2.3K0.4748.92N/AN/A622974489
2018-01-23$21.10$25.00108.5%31.1%122.3%49.6%122.6%0.0%-18.7%7.7K-322.9K-2.3K0.2723.79N/AN/A1082974890
2018-01-24$21.40$25.00102.8%29.5%122.7%46.0%119.7%0.0%3.5%7.2K-348.2K-2.4K0.5439.27N/AN/A623370790
2018-01-25$21.10$25.00112.3%32.2%122.6%51.9%136.8%0.0%-10.7%7.2K-367.4K-2.5K0.6542.96N/AN/A513371894
2018-01-26$20.90$25.00106.6%30.6%122.5%48.4%110.6%0.0%-5.3%6.7K-356.2K-2.4K0.6033.38N/AN/A563471894
2018-01-29$21.20$25.0090.7%26.0%122.6%38.5%93.6%0.0%-3.8%6.9K-359.3K-2.4K0.5971.10N/AN/A583472694
2018-01-30$21.30$25.0090.1%25.8%122.8%38.2%95.4%0.0%-16.3%8.0K-320.6K-2.3K0.6750.10N/AN/A483372594
2018-01-31$20.55$25.00108.0%31.0%122.3%49.2%109.2%0.0%-12.0%6.3K-237.3K-2.0K0.7068.53N/AN/A473371594