HIVE Options History — May 2018

In May 2018, HIVE traded between $19.65 and $21.60. ATM implied volatility averaged 54.8%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 17.2% (HV 20d: 37.7%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 2.49.

Notable Days

  • 2018-05-31: Highest Volume — 478 contracts
  • 2018-05-24: Largest IV drop — 59.4% change
  • 2018-05-02: Highest IV Rank — 36.4%
  • 2018-05-02: Largest Expected Move — 25.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.83$19.65$21.60$20.45$20.10
Max Pain$23.86$12.50$25.00$12.50$25.00
ATM IV54.8%28.1%87.2%70.2%76.0%
Expected Move15.9%8.0%25.0%20.1%21.8%
HV 20d37.7%32.8%43.0%36.1%35.6%
HV 60d40.2%36.8%45.5%43.4%37.6%
IV Rank16.3%0.0%36.4%25.8%29.6%
IV Percentile35.3%0.0%72.6%55.6%61.1%
Term Structure7.7%-19.6%28.9%15.7%16.4%
VWIV54.0%35.2%86.6%52.1%41.1%
Bid-Ask Spread %19.674.7661.614.7639.14
Gamma HHI0.790.740.830.740.79
Net GEX16.1K12.7K19.3K13.1K14.3K
Net DEX-604.3K-732.8K-494.5K-628.6K-494.5K
Net VEX-2.8K-3.4K-2.2K-3.2K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.490.146.741.110.14
Total Volume142.45564478236478
Total OI1,022.3649911,0451,0441,013

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$20.45$12.5070.2%20.1%36.1%25.8%52.1%0.0%15.7%13.1K-628.6K-3.2K1.114.76N/AN/A112124933111
2018-05-02$20.90$12.5087.2%25.0%35.3%36.4%86.6%0.0%-19.6%15.6K-732.8K-3.4K0.6823.78N/AN/A15110392884
2018-05-03$19.65$25.0078.5%18.8%41.9%31.0%66.3%0.0%-0.4%12.7K-548.4K-2.9K0.639.49N/AN/A15710093485
2018-05-04$20.20$25.0052.0%19.1%42.5%14.6%66.6%0.0%-8.1%14.3K-557.1K-2.9K0.4036.55N/AN/A1355594785
2018-05-07$20.85$25.0050.0%17.4%43.0%13.3%61.0%0.0%0.1%15.8K-633.1K-3.0K0.4030.76N/AN/A1355494887
2018-05-08$20.75$25.0050.2%14.2%43.0%13.4%38.5%0.0%24.1%15.5K-630.2K-3.0K0.404.82N/AN/A1355494887
2018-05-09$21.05$25.0051.7%14.8%42.6%14.4%37.2%0.0%24.7%15.9K-645.2K-2.9K0.5461.61N/AN/A995494887
2018-05-10$21.00$25.0052.4%15.0%42.7%14.8%61.3%0.0%1.0%15.9K-642.4K-2.9K0.5411.94N/AN/A995494787
2018-05-11$20.75$25.0055.7%16.0%42.3%16.9%59.6%0.0%3.2%15.7K-631.9K-2.9K0.547.68N/AN/A995494787
2018-05-14$20.80$25.0046.5%13.3%41.5%11.1%35.2%0.0%28.9%15.7K-632.4K-2.9K3.7712.35N/AN/A155794787
2018-05-15$20.75$25.0042.8%12.3%35.2%8.9%36.1%0.0%21.1%15.7K-575.0K-2.7K3.7726.10N/AN/A155794790
2018-05-16$20.50$25.0046.3%13.3%34.5%11.0%38.3%0.0%18.6%15.0K-537.7K-2.5K4.047.49N/AN/A145794790
2018-05-17$20.95$25.0042.3%12.1%35.2%8.6%36.1%0.0%21.0%16.6K-597.4K-2.6K2.0821.99N/AN/A275794790
2018-05-18$21.20$25.0060.4%17.3%35.3%19.8%60.4%0.0%-5.2%17.5K-619.5K-2.7K2.087.10N/AN/A275795590
2018-05-21$21.55$25.0062.1%17.8%35.4%20.8%59.1%0.0%-1.7%18.5K-669.2K-2.8K5.1942.27N/AN/A105490487
2018-05-22$21.60$25.0059.6%17.1%35.4%18.4%65.4%0.0%-15.9%19.3K-598.5K-2.5K6.7421.13N/AN/A95890587
2018-05-23$21.05$25.0069.0%19.8%36.8%24.0%70.3%0.0%-14.7%16.9K-567.4K-2.5K5.9213.22N/AN/A105890691
2018-05-24$21.00$25.0028.1%8.0%35.8%0.0%41.1%0.0%13.9%16.7K-571.5K-2.6K3.157.90N/AN/A185890791
2018-05-25$21.10$25.0034.6%9.9%32.8%4.1%0.0%0.0%1.9%17.4K-595.2K-2.6K3.2515.14N/AN/A186091891
2018-05-29$21.10$25.0038.4%11.0%32.8%6.4%0.0%0.0%24.8%17.4K-608.0K-2.5K4.6719.71N/AN/A136091891
2018-05-30$21.00$25.0051.9%14.9%32.9%14.8%0.0%0.0%19.0%17.7K-579.7K-2.5K4.677.90N/AN/A136092291
2018-05-31$20.10$25.0076.0%21.8%35.6%29.6%0.0%0.0%16.4%14.3K-494.5K-2.2K0.1439.14N/AN/A4195992291