HIVE Options History — February 2018

In February 2018, HIVE traded between $19.25 and $22.00. ATM implied volatility averaged 99.5%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 26.1%. IV traded above realized volatility by 14.7% (HV 20d: 84.9%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.43.

Notable Days

  • 2018-02-15: Highest Volume — 233 contracts
  • 2018-02-07: Largest IV drop — 36.3% change
  • 2018-02-05: Highest IV Rank — 82.0%
  • 2018-02-20: Largest Expected Move — 31.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.80$19.25$22.00$20.45$20.95
Max Pain$17.76$12.50$25.00$12.50$25.00
ATM IV99.5%70.7%161.0%119.8%80.5%
Expected Move26.1%20.3%31.4%28.9%23.1%
HV 20d84.9%47.3%128.7%122.2%52.8%
HV 60d78.9%76.9%80.6%77.8%80.6%
IV Rank44.0%26.1%82.0%56.5%32.2%
IV Percentile84.7%68.7%99.2%94.8%74.6%
Term Structure2.5%-43.3%19.9%9.6%7.5%
VWIV88.3%63.5%115.9%109.5%71.3%
Bid-Ask Spread %48.4323.3187.2965.5241.75
Gamma HHI0.640.560.760.570.70
Net GEX7.6K5.1K11.2K5.9K9.0K
Net DEX-310.6K-459.1K-185.3K-252.3K-430.7K
Net VEX-2.1K-2.7K-1.8K-2.0K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.160.790.600.20
Total Volume149.6848223387191
Total OI713.579662856813668

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$20.45$12.50119.8%28.9%122.2%56.5%109.5%0.0%9.6%5.9K-252.3K-2.0K0.6065.52N/AN/A543371994
2018-02-02$20.00$12.50128.6%28.2%122.0%62.0%115.9%0.0%-12.0%6.1K-185.3K-1.8K0.2234.03N/AN/A1483371194
2018-02-05$20.25$12.50161.0%30.9%122.5%82.0%92.1%0.0%-15.2%6.0K-212.9K-1.9K0.7866.79N/AN/A473763394
2018-02-06$19.80$12.50149.0%26.9%122.3%74.6%91.6%0.0%19.9%5.5K-213.7K-1.9K0.6578.64N/AN/A563762898
2018-02-07$19.85$12.5094.9%27.2%122.5%41.1%79.2%0.0%18.3%5.4K-234.5K-1.9K0.6554.42N/AN/A563761698
2018-02-08$19.25$12.50104.0%29.8%122.2%46.8%80.8%0.0%7.0%5.1K-205.6K-1.8K0.6434.65N/AN/A583761698
2018-02-09$20.80$12.5088.9%25.5%126.0%37.4%92.7%0.0%13.8%6.0K-241.4K-1.9K0.7479.01N/AN/A503760898
2018-02-12$20.75$12.50105.3%30.2%126.0%47.6%102.4%0.0%-5.9%6.2K-213.5K-1.8K0.6223.31N/AN/A603760898
2018-02-13$22.00$12.5085.0%24.4%128.7%35.0%86.0%0.0%3.7%7.5K-254.1K-1.9K0.7941.65N/AN/A463661198
2018-02-14$21.00$12.5085.5%24.5%47.3%35.3%85.9%0.0%5.8%6.8K-226.8K-1.8K0.7440.79N/AN/A483561297
2018-02-15$21.70$12.5086.3%24.7%48.5%35.8%86.3%0.0%9.2%7.1K-272.5K-1.9K0.2129.00N/AN/A1934060997
2018-02-16$21.90$25.0084.1%24.1%47.6%34.5%86.0%0.0%12.2%9.5K-415.2K-2.7K0.2030.48N/AN/A1913875997
2018-02-20$21.15$25.00109.5%31.4%49.3%50.1%109.5%0.0%-43.3%10.2K-393.1K-2.4K0.1687.29N/AN/A1772960755
2018-02-21$20.75$25.0096.6%27.7%49.5%42.2%95.9%0.0%-10.3%9.2K-432.1K-2.5K0.1631.98N/AN/A1772961156
2018-02-22$20.55$25.0092.8%26.6%49.2%39.8%93.3%0.0%-5.0%8.7K-424.1K-2.4K0.1634.99N/AN/A1772961156
2018-02-23$20.90$25.0076.3%21.9%49.4%29.6%68.2%0.0%11.3%9.3K-400.9K-2.4K0.1847.34N/AN/A1773261156
2018-02-26$21.85$25.0070.7%20.3%51.8%26.1%67.2%0.0%8.0%11.2K-459.1K-2.5K0.2054.52N/AN/A1593261157
2018-02-27$21.30$25.0071.8%20.6%52.5%26.8%63.5%0.0%13.0%10.0K-433.9K-2.4K0.2043.99N/AN/A1593261157
2018-02-28$20.95$25.0080.5%23.1%52.8%32.2%71.3%0.0%7.5%9.0K-430.7K-2.4K0.2041.75N/AN/A1593261157