HIVE Options History — April 2018

In April 2018, HIVE traded between $18.65 and $21.15. ATM implied volatility averaged 89.1%, placing in the 37.5% IV rank vs the trailing year. The 30-day expected move averaged 24.4%. IV traded above realized volatility by 44.6% (HV 20d: 44.5%). Max pain ranged from $12.50 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 1.06.

Notable Days

  • 2018-04-24: Highest Volume — 497 contracts
  • 2018-04-03: Largest IV spike — 91.5% change
  • 2018-04-09: Highest IV Rank — 68.4%
  • 2018-04-03: Largest Expected Move — 36.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.96$18.65$21.15$18.95$20.45
Max Pain$14.29$12.50$25.00$25.00$12.50
ATM IV89.1%66.7%138.9%66.7%77.1%
Expected Move24.4%19.1%36.6%19.1%22.1%
HV 20d44.5%36.8%49.8%40.0%36.8%
HV 60d59.2%41.6%80.6%80.1%43.7%
IV Rank37.5%23.7%68.4%23.7%30.1%
IV Percentile73.6%56.7%96.8%56.7%61.9%
Term Structure-4.8%-36.3%40.5%40.5%8.8%
VWIV85.6%58.3%101.5%101.5%59.3%
Bid-Ask Spread %41.8514.6589.6426.9414.65
Gamma HHI0.710.560.790.560.76
Net GEX11.6K4.9K16.6K5.0K15.6K
Net DEX-451.1K-893.2K-202.6K-219.6K-731.1K
Net VEX-2.7K-3.8K-1.5K-1.6K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.060.086.500.600.57
Total Volume169.4761949727215
Total OI1,062.9057751,2827751,113

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-04-02$18.95$25.0066.7%19.1%40.0%23.7%0.0%0.0%40.5%5.0K-219.6K-1.6K0.6026.94N/AN/A171072451
2018-04-03$18.65$25.00127.8%36.6%39.7%61.5%0.0%0.0%-36.3%4.9K-203.3K-1.5K0.5725.98N/AN/A12772451
2018-04-04$19.25$25.0076.4%21.9%41.3%29.7%0.0%0.0%29.8%5.3K-202.6K-1.6K0.1323.29N/AN/A51772452
2018-04-05$19.60$12.5091.0%28.8%42.0%38.7%101.5%0.0%-16.6%6.4K-252.2K-1.7K0.4242.22N/AN/A16776452
2018-04-06$19.30$12.50117.7%26.2%42.1%55.3%96.9%0.0%5.6%5.9K-252.9K-1.7K0.0883.19N/AN/A115976952
2018-04-09$18.95$12.50138.9%22.2%42.2%68.4%94.1%0.0%-23.6%7.5K-249.4K-1.8K0.2666.26N/AN/A2125685554
2018-04-10$19.20$12.50101.0%27.7%42.5%44.9%98.5%0.0%-8.5%10.3K-429.0K-2.8K0.8742.03N/AN/A64561,056101
2018-04-11$19.65$12.5090.5%26.0%43.7%38.4%91.9%0.0%-18.4%12.0K-427.5K-2.8K0.7989.64N/AN/A62491,077101
2018-04-12$19.75$12.5071.5%20.5%43.0%26.6%58.3%0.0%24.4%12.1K-461.7K-2.9K1.1163.50N/AN/A62691,097101
2018-04-13$19.40$12.5090.2%25.9%43.0%38.2%90.0%0.0%-4.4%11.4K-427.4K-2.9K1.1147.32N/AN/A62691,097121
2018-04-16$19.90$12.5070.6%20.2%43.9%26.1%82.0%0.0%-14.7%13.1K-408.7K-2.7K1.6643.69N/AN/A34571,097121
2018-04-17$21.15$12.5087.6%25.1%49.8%36.6%87.5%0.0%-8.0%14.2K-516.0K-3.2K2.0135.54N/AN/A28571,099168
2018-04-18$20.65$12.5084.3%24.2%49.8%34.6%86.5%0.0%-11.0%14.4K-489.9K-3.1K6.5031.52N/AN/A9571,100168
2018-04-19$20.50$12.5068.8%19.7%49.8%25.0%84.9%0.0%-4.3%13.8K-437.8K-2.8K2.1747.75N/AN/A26571,100163
2018-04-20$20.70$12.5072.8%20.9%49.2%27.4%69.1%0.0%-2.5%16.5K-470.8K-2.9K1.0745.16N/AN/A73781,119163
2018-04-23$20.50$12.5083.5%23.9%49.3%34.1%84.6%0.0%-7.0%14.0K-400.9K-2.9K1.2132.44N/AN/A96116816150
2018-04-24$20.50$12.5091.4%26.2%49.2%38.9%92.1%0.0%-14.9%14.2K-394.9K-2.9K0.3019.85N/AN/A381116812122
2018-04-25$20.65$12.5083.6%24.0%47.6%34.1%84.8%0.0%-9.7%16.6K-820.0K-3.7K0.2638.78N/AN/A344891,042122
2018-04-26$21.15$12.5089.2%25.6%45.7%37.6%89.2%0.0%-16.4%16.1K-893.2K-3.8K0.3328.54N/AN/A268891,000111
2018-04-27$20.35$12.5090.1%25.8%44.4%38.1%90.5%0.0%-13.1%15.0K-783.8K-3.5K0.3330.53N/AN/A268891,001111
2018-04-30$20.45$12.5077.1%22.1%36.8%30.1%59.3%0.0%8.8%15.6K-731.1K-3.1K0.5714.65N/AN/A137781,002111