HIVE Options History — March 2018

In March 2018, HIVE traded between $19.20 and $23.05. ATM implied volatility averaged 92.7%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 27.2%. IV traded above realized volatility by 53.5% (HV 20d: 39.2%). 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 5 of 21 days. Put/call ratio averaged 1.59.

Notable Days

2018-03-22: Highest Volume — 95 contracts
2018-03-12: Largest IV spike — 35.5% change
2018-03-27: Highest IV Rank — 54.4%
2018-03-27: Largest Expected Move — 33.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.61	$19.20	$23.05	$21.75	$20.25
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	92.7%	58.6%	116.4%	94.4%	110.8%
Expected Move	27.2%	22.9%	33.4%	27.1%	31.8%
HV 20d	39.2%	26.6%	52.7%	52.7%	33.3%
HV 60d	79.3%	78.1%	81.0%	81.0%	79.2%
IV Rank	39.8%	18.6%	54.4%	40.8%	50.9%
IV Percentile	81.6%	48.4%	93.7%	84.5%	92.5%
Term Structure	-11.5%	-30.5%	6.9%	4.5%	-26.1%
VWIV	93.7%	79.7%	115.1%	93.6%	109.0%
Bid-Ask Spread %	56.65	30.56	103.27	50.71	53.17
Gamma HHI	0.71	0.66	0.75	0.70	0.72
Net GEX	11.3K	9.6K	12.3K	9.6K	11.3K
Net DEX	-465.1K	-578.5K	-368.8K	-459.8K	-396.6K
Net VEX	-2.4K	-2.7K	-2.1K	-2.4K	-2.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.59	0.22	3.74	2.38	0.69
Total Volume	57.762	25	95	46	25
Total OI	710.619	664	778	668	775

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
2018-03-01	$21.75	$25.00	94.4%	27.1%	52.7%	40.8%	93.6%	0.0%	4.5%	9.6K	-459.8K	-2.4K	2.38	50.71	N/A	N/A	14	32	611	57
2018-03-02	$21.75	$25.00	91.5%	26.2%	52.7%	39.0%	86.9%	0.0%	-2.0%	10.1K	-486.3K	-2.5K	2.38	63.78	N/A	N/A	14	32	608	57
2018-03-05	$21.95	$25.00	104.0%	30.1%	51.8%	46.7%	87.6%	0.0%	-17.7%	9.9K	-496.8K	-2.4K	1.96	71.78	N/A	N/A	16	31	608	57
2018-03-06	$22.30	$25.00	89.8%	23.2%	51.9%	38.0%	87.8%	0.0%	6.9%	11.6K	-496.0K	-2.4K	2.63	103.27	N/A	N/A	12	31	608	56
2018-03-07	$22.45	$25.00	95.1%	29.7%	50.9%	41.3%	95.2%	0.0%	-18.0%	10.5K	-517.2K	-2.5K	2.58	55.51	N/A	N/A	12	31	609	56
2018-03-08	$22.45	$25.00	85.6%	25.3%	51.0%	35.4%	84.8%	0.0%	-3.8%	11.6K	-511.2K	-2.4K	2.58	46.02	N/A	N/A	12	31	609	56
2018-03-09	$22.35	$25.00	58.6%	24.1%	49.3%	18.6%	82.1%	0.0%	2.6%	11.7K	-488.5K	-2.4K	2.58	30.56	N/A	N/A	12	31	610	56
2018-03-12	$22.55	$25.00	79.4%	22.9%	41.8%	31.5%	79.7%	0.0%	6.3%	12.1K	-479.9K	-2.4K	0.57	38.93	N/A	N/A	55	31	610	56
2018-03-13	$22.65	$25.00	79.3%	28.2%	41.7%	31.4%	95.9%	0.0%	-20.7%	12.0K	-520.9K	-2.6K	0.57	80.69	N/A	N/A	55	31	653	57
2018-03-14	$23.05	$25.00	99.3%	28.5%	36.9%	43.9%	94.2%	0.0%	-14.2%	12.3K	-578.5K	-2.7K	0.61	42.82	N/A	N/A	51	31	653	57
2018-03-15	$22.65	$25.00	97.6%	28.0%	33.1%	42.8%	107.1%	0.0%	-17.3%	12.0K	-528.4K	-2.6K	3.02	74.52	N/A	N/A	10	31	653	57
2018-03-16	$22.05	$25.00	98.2%	28.1%	32.9%	43.1%	89.1%	0.0%	-28.7%	12.2K	-476.2K	-2.5K	3.26	54.80	N/A	N/A	10	33	653	57
2018-03-19	$21.90	$25.00	92.5%	26.5%	32.9%	39.6%	92.1%	0.0%	-1.9%	11.7K	-473.0K	-2.4K	3.74	31.02	N/A	N/A	7	26	646	49
2018-03-20	$21.40	$25.00	86.6%	24.8%	31.4%	36.0%	86.9%	0.0%	3.2%	11.7K	-427.2K	-2.3K	0.97	31.65	N/A	N/A	27	26	646	49
2018-03-21	$21.20	$25.00	86.6%	24.8%	30.8%	36.0%	79.8%	0.0%	-28.9%	11.8K	-403.8K	-2.2K	0.40	63.52	N/A	N/A	65	26	666	49
2018-03-22	$20.70	$25.00	91.1%	26.1%	31.9%	38.8%	83.8%	0.0%	-9.8%	11.2K	-431.5K	-2.4K	0.38	57.11	N/A	N/A	69	26	723	49
2018-03-23	$20.55	$25.00	100.0%	28.7%	31.4%	44.3%	108.5%	0.0%	-30.5%	11.5K	-410.0K	-2.4K	0.59	52.65	N/A	N/A	44	26	727	49
2018-03-26	$20.65	$25.00	89.8%	25.7%	26.6%	38.0%	94.0%	0.0%	-23.6%	11.3K	-419.1K	-2.3K	0.58	38.61	N/A	N/A	45	26	727	49
2018-03-27	$19.95	$25.00	116.4%	33.4%	27.7%	54.4%	114.9%	0.0%	-13.4%	10.8K	-398.3K	-2.2K	0.58	58.43	N/A	N/A	45	26	728	49
2018-03-28	$19.20	$25.00	100.7%	28.9%	30.1%	44.7%	115.1%	0.0%	-9.0%	10.6K	-368.8K	-2.1K	0.22	90.16	N/A	N/A	45	10	729	49
2018-03-29	$20.25	$25.00	110.8%	31.8%	33.3%	50.9%	109.0%	0.0%	-26.1%	11.3K	-396.6K	-2.2K	0.69	53.17	N/A	N/A	15	10	724	51