HIVE Options History — July 2018

In July 2018, HIVE traded between $20.00 and $20.90. ATM implied volatility averaged 58.0%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 32.5% (HV 20d: 25.5%). 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 16 of 21 days. Put/call ratio averaged 0.04.

Notable Days

2018-07-26: Highest Volume — 566 contracts
2018-07-27: Largest IV spike — 50.0% change
2018-07-30: Highest IV Rank — 36.3%
2018-07-30: Largest Expected Move — 24.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.37	$20.00	$20.90	$20.55	$20.00
Max Pain	$18.45	$12.50	$25.00	$25.00	$25.00
ATM IV	58.0%	40.9%	86.9%	45.2%	63.0%
Expected Move	16.9%	11.7%	24.9%	13.0%	18.1%
HV 20d	25.5%	20.9%	29.4%	28.1%	20.9%
HV 60d	32.5%	28.1%	35.1%	35.1%	28.1%
IV Rank	18.5%	7.9%	36.3%	10.6%	21.6%
IV Percentile	35.1%	7.9%	72.2%	13.5%	45.2%
Term Structure	11.9%	-27.6%	34.1%	34.1%	7.3%
VWIV	54.0%	39.2%	84.8%	51.6%	67.2%
Bid-Ask Spread %	22.11	6.38	66.34	9.45	13.97
Gamma HHI	0.66	0.60	0.73	0.60	0.73
Net GEX	16.0K	14.8K	17.9K	14.8K	17.5K
Net DEX	-1.3M	-1.4M	-1.1M	-1.3M	-1.1M
Net VEX	-4.4K	-4.7K	-4.1K	-4.6K	-4.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.04	0.01	0.07	0.04	0.07
Total Volume	409.429	329	566	330	498
Total OI	1,652.619	1,214	1,938	1,841	1,285

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
2018-07-02	$20.55	$25.00	45.2%	13.0%	28.1%	10.6%	51.6%	0.0%	34.1%	14.8K	-1.3M	-4.6K	0.04	9.45	N/A	N/A	318	12	1,750	91
2018-07-03	$20.40	$25.00	40.9%	11.7%	28.1%	7.9%	0.0%	0.0%	31.4%	14.8K	-1.3M	-4.4K	0.04	15.04	N/A	N/A	318	12	1,750	90
2018-07-05	$20.90	$25.00	43.5%	15.5%	29.4%	9.6%	40.4%	0.0%	19.8%	15.3K	-1.3M	-4.5K	0.04	55.62	N/A	N/A	317	12	1,750	90
2018-07-06	$20.60	$25.00	61.0%	16.1%	28.0%	20.3%	42.7%	0.0%	22.0%	15.1K	-1.3M	-4.3K	0.04	64.49	N/A	N/A	317	12	1,750	90
2018-07-09	$20.55	$25.00	51.4%	15.7%	28.0%	14.4%	39.2%	0.0%	22.3%	15.2K	-1.3M	-4.2K	0.04	14.82	N/A	N/A	319	12	1,750	90
2018-07-10	$20.60	$25.00	54.9%	19.3%	28.0%	16.5%	67.3%	0.0%	-6.5%	15.4K	-1.3M	-4.2K	0.04	31.21	N/A	N/A	318	12	1,750	90
2018-07-11	$20.40	$25.00	68.1%	19.5%	28.1%	24.7%	68.2%	0.0%	-5.0%	15.1K	-1.3M	-4.2K	0.04	35.22	N/A	N/A	318	12	1,751	90
2018-07-12	$20.70	$25.00	52.3%	15.0%	24.4%	15.0%	40.0%	0.0%	21.4%	15.7K	-1.3M	-4.3K	0.04	8.43	N/A	N/A	320	12	1,751	90
2018-07-13	$20.25	$25.00	48.1%	13.8%	24.7%	12.4%	43.4%	0.0%	20.6%	14.9K	-1.3M	-4.2K	0.04	6.38	N/A	N/A	317	12	1,753	90
2018-07-16	$20.20	$12.50	60.0%	17.2%	24.7%	19.7%	46.0%	0.0%	17.6%	15.3K	-1.2M	-4.2K	0.04	7.23	N/A	N/A	317	12	1,758	90
2018-07-17	$20.05	$12.50	53.6%	15.4%	24.7%	15.7%	40.7%	0.0%	22.4%	15.0K	-1.2M	-4.1K	0.04	7.23	N/A	N/A	321	12	1,758	83
2018-07-18	$20.40	$12.50	58.9%	16.9%	25.7%	19.0%	45.9%	0.0%	18.7%	15.9K	-1.3M	-4.1K	0.03	7.38	N/A	N/A	419	12	1,760	78
2018-07-19	$20.50	$12.50	50.4%	14.4%	25.7%	13.8%	45.9%	0.0%	17.9%	17.7K	-1.4M	-4.7K	0.03	16.82	N/A	N/A	417	12	1,860	78
2018-07-20	$20.55	$12.50	55.2%	15.8%	25.6%	16.8%	46.5%	0.0%	13.0%	17.9K	-1.4M	-4.5K	0.03	11.35	N/A	N/A	417	12	1,859	78
2018-07-23	$20.05	$12.50	63.3%	18.1%	24.0%	21.7%	53.3%	0.0%	14.8%	17.2K	-1.4M	-4.4K	0.01	59.55	N/A	N/A	533	7	1,254	34
2018-07-24	$20.10	$12.50	80.8%	23.2%	23.8%	32.5%	81.9%	0.0%	-19.8%	16.7K	-1.2M	-4.4K	0.01	7.23	N/A	N/A	537	7	1,180	34
2018-07-25	$20.20	$12.50	67.2%	19.3%	23.8%	24.1%	46.0%	0.0%	21.5%	17.1K	-1.2M	-4.3K	0.01	10.52	N/A	N/A	537	4	1,181	34
2018-07-26	$20.45	$12.50	45.1%	12.9%	23.8%	10.5%	45.1%	0.0%	17.8%	16.3K	-1.2M	-4.5K	0.05	8.55	N/A	N/A	537	29	1,181	34
2018-07-27	$20.10	$12.50	67.7%	19.4%	22.7%	24.5%	83.0%	0.0%	-12.9%	17.1K	-1.2M	-4.3K	0.06	66.34	N/A	N/A	463	29	1,180	60
2018-07-30	$20.25	$12.50	86.9%	24.9%	22.4%	36.3%	84.8%	0.0%	-27.6%	16.5K	-1.2M	-4.6K	0.07	7.47	N/A	N/A	465	31	1,220	60
2018-07-31	$20.00	$25.00	63.0%	18.1%	20.9%	21.6%	67.2%	0.0%	7.3%	17.5K	-1.1M	-4.3K	0.07	13.97	N/A	N/A	467	31	1,223	62